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Updated over 8 years ago on . Most recent reply
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Hello From Orlando!
Hi! My name is Erica and I'm a vacation rental investment specialist here in Orlando, FL. My niche has taken me all over the world to property expos and speaking engagements about this industry. I've created an e-course about investing in vacation rentals, it's currently being updated before re-release.
It's been a rough week here in Orlando with all the awful events that have taken place but I'm happy to be a part of such a strong and loving community of people. I'm also happy to be a part of the BP group here. So far everyone is really helpful and friendly.
I am also an investor, I'm always looking for wholesale property deals so don't be shy if you have something you think I should look at. If I can't buy it, I probably know people who will.
If you ever have questions about investing in Vacation Rentals, please feel free to reach out and ask. I'm happy to help!
Cheers,
Erica Muller
Most Popular Reply
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Hi @Domingo Santana! Nice to meet you!
Wholesale properties are properties acquired directly from the owners under market value. They're usually acquired by people sending out the "we buy houses" mailers and the ones trying to help people out of their home in bad situations but they're not listed on MLS and they're always under market value. Typically it's an investor putting a house under contract and then quickly assigning it to another investor with a small mark up but the home is still under market value. There's a few ways wholesale properties can be structured but that's the most common. It's important to do your due diligence on anything you're considering buying to make sure it's actually a good deal. Not everyone who calls them selves a "property wholesaler" actually is.