Investors! Do you like wholesalers?

[Ruby Ruiz]

It's a legit question right? I wonder what the pros and cons are in working with a wholesaler? Any Investors/wholesales have feedback or an experience you can share?

[Jonathan Greene]

The majority of wholesalers (over 90%) don't have a clue what they are doing and think they can scale into investing as a quick fix. Their ARVs are way too high (and fake) and their repair budgets are way too low (they don't know anything about repairs). The majority of wholesalers don't present the owner with a true view of how the transaction will take place and pretend that they have the cash to purchase when they don't. So, I don't enjoy most wholesalers.

I wouldn't even call very many of them, good, but the "good" ones are good on their valuation and repairs and pay more attention to their best investors instead of all the yahoos trying to get in with fake cash. The biggest downfall of the modern wholesaler is that they all spray and pray every property instead of just finding two or three local investors who will buy all the deals for a fair spread for them.

Too many wimpy shortstops trying to be homerun hitters when they are batting .206 with 1 RBI in 106 ABs.