Wholesalers.....ruining the business

[Jonathan Woelfel]

Im very sick of wholesalers in south florida. It seems like some guru comes to town every few months with some ridiculous course about how to make money in real estate with no money down and then all of a sudden a thousand wholesalers start making offers on houses. Wholesaling is a joke, they blindly make offers, they have no intentions of buying properties, they artificially inflate prices and the deals they get are usually crap. People with no money should not be pretending to be buying real eatate, they makes it harder for people like myself to make money. When i put an offer on a property, I actually follow through with it. Now I am even seeing some wholesalers in commercial down here in south florida, absolutely ridiculous.