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Updated almost 8 years ago,
Does it make sense to stay with wholesaling permanently?
Many people want to use wholesaling as a stepping stone onto "larger" things like rehabs and SFH rentals or commercial rentals.
I have heard that an average rehab profits $18,000 and takes 4 months. That is $4,500/month. You can make more than that wholesaling.
Also, if you're renting out homes, you are probably only making a few hundred dollars per month after the mortgage is paid. And if you paid all cash for the house, then you are not going to see that money back for decades unless you sell the house.
It seems to be that wholesaling, if done correctly and with an adequate marketing budget, is the business to be in.
BRRRR is another story. That is maybe the only thing that makes more sense, or just as much sense, as wholesaling.
What do you think?