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Updated over 6 years ago on . Most recent reply

Account Closed
  • Baltimore, MD
0
Votes |
3
Posts

How do investors feel about wholesalers ?

Account Closed
  • Baltimore, MD
Posted
Good morning everyone I’m new to wholesaling here in Baltimore, Md and I was just wondering how do investors feel about wholesalers? Do investors consider wholesaler deals ? What’s the typical criteria investors look for ? What is considered a good deal for investors coming from a wholesaler?

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14
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10
Votes
Louis La Rossa III
  • Rental Property Investor
  • Lodi, CA
10
Votes |
14
Posts
Louis La Rossa III
  • Rental Property Investor
  • Lodi, CA
Replied

I have not used a wholesaler yet, but I plan to.  From my understanding, just like anything there are good ones and there are bad ones.  Wholesalers who are honest, give fair ARVs and repair costs can be successful.  Its all about the network and keeping a good reputation.  One shady deal can hurt.  I'd say that a high percentage of investors use a wholesaler for some percentage of their deals.  As far as a good deal, that varies from investor to investor, generally as long as it fits there numbers and they can cash flow (if renting) or make money in a flip, it will be a good deal for them.

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