Before you wholesale...

[Account Closed]

Everyone wants to Wholesale but not many want to put in the work needed to be successful in this business. Part of that work involves learning your market, learning how to Negotiate, getting familiar with your state's contract law, etc. 

Another thing to take into account is if you're really willing to put in the effort it takes to build a business, for some odd reason people have this false belief that this is easy, then they face a little rejection or a mailer flops and they give up. 

Let me say this: all businesses, no matter the field, are difficult to build, the thing about wholesaling is that you it CAN turn your life around quicker than most other ventures (8-16 months) but you need to be dedicated, seriously. 

So ask yourself, "is this for me?", It's going to be tough, at least at first. Sellers may curse you out, your first mailer may be a dud, finding real buyers may be difficult, people may call you crazy and all of the above but if you educate yourself, focus and cut out the noise you can do this business. 

Educate yourself before you step into this business or end up as another guy/girl blasting out bad deals, getting black mailed and illegally brokering without a license (I'll touch on that in another post).