Trying to learn wholesaling

[Nathan Nolan]

I'm a realtor in Southern, KY trying to learn how to wholesale. Can anyone train me? I'd give a very fair cut of profit from each sale until I've learned to go on my own. 

[James Wilcox]

Quote from @Nathan Nolan:

I want to try wholesaling too bc from what I'm reading, wholesalers try to make 5k-10k on each flip. Whereas as a realtor I'm making a small commission. 5-10k is way more to make on distressed properties than commission. I just want to branch out to have more side hustles than just commission. I'm trying to gain financial freedom sooner than later. 

Everything's negotiable, of course but generally, more leads mean more deals, more work, and ultimately more income. In wholesaling, you're often spending more on marketing than you would to secure a traditional listing as a real estate agent. That said, combining both strategies can make you more well-rounded. Not every property is ideal for a retail buyer, and the same goes for investors. The key is to connect with local flippers and investors so you can find the kinds of deals they're looking for. At the end of the day, it’s all a similar skill set.