Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

912
Posts
107
Votes
Patrick Philip
  • Florida
107
Votes |
912
Posts

Does it make sense to stay with wholesaling permanently?

Patrick Philip
  • Florida
Posted

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?

Loading replies...