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Updated almost 9 years ago on . Most recent reply

User Stats

20
Posts
6
Votes
Anthony J Pisco
  • Flipper/Rehabber
  • Canton, MI
6
Votes |
20
Posts

New to Wholesaling

Anthony J Pisco
  • Flipper/Rehabber
  • Canton, MI
Posted

New to wholesaling. Curious on how to get started? Is it best to partner up with an investor so you know what area to target for undervalued homes? What is the best rate to charge for wholesaling? I have been reading online and it looks like 7-10%. 

Any advice would be very helpful..

- Anthony

Most Popular Reply

User Stats

757
Posts
318
Votes
David Bokman
  • Real Estate Investor/Wholesaler
  • Philadelphia, PA
318
Votes |
757
Posts
David Bokman
  • Real Estate Investor/Wholesaler
  • Philadelphia, PA
Replied

What most people won't tell you is that wholesaling is a full time JOB! Requires both sales and marketing experience....at least to be good at it. No you don't partner with an investor....you start by going out finding "deals" whether it be through marketing or door knocking! Your gonna have to learn your local market so I suggest finding and going to your local REI meetings. There is no "standard" rate for fee's....they can be as low and as high as your market allows.

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