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Wholesaling
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Updated over 1 year ago on . Most recent reply

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81
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12
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Latoya Pryor
  • Real Estate Agent
  • Richmond, VA
12
Votes |
81
Posts

Second Thoughts..Is it worth it!?

Latoya Pryor
  • Real Estate Agent
  • Richmond, VA
Posted

Honest opinions on wholesaling and is it worthwhile?  Been trying at it for a year now and it has yet to be proven as successful as they say.  However I do currently have one property under contract which is in the process of probate and issues related to a reverse mortgage that was in place by the deceased mother.  May end up being a short sale in the end.  However it took me 6 months in to even get close to the deal.  Not to mention almost getting screwed on a deal that was posted by a scammer. I've heard creating an SEO for my website would be helpful but I don't come forth with a lot of money for what these people are asking to set it up?  I'm sure I could figure out how to do it on my own but have been told that is not the best route to go being inexperienced.  OK so how do you get that experience?  Experience comes from learning doesn't it?

Most Popular Reply

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4,259
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2,592
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Michael Smythe
#5 Managing Your Property Contributor
  • Property Manager
  • Metro Detroit
2,592
Votes |
4,259
Posts
Michael Smythe
#5 Managing Your Property Contributor
  • Property Manager
  • Metro Detroit
Replied

Wholesaling usually only succeeds in the long-term with scale. 

Anyone can stumble across a deal here and there to make a few bucks, but consistent income requires scaling.

  • Michael Smythe
business profile image
Logical Property Management

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