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Updated over 4 years ago on . Most recent reply

User Stats

25
Posts
7
Votes
Steven Cobb
  • Dallas, Tx
7
Votes |
25
Posts

Wholesaling Right Now

Steven Cobb
  • Dallas, Tx
Posted

Hi everyone,

I’ve recently started considering trying wholesaling. I’ve never done any type of real estate investing deal.

I wanted to ask the BP community: how is the market right now for wholesaling? If I were to find some distressed homes that were willing to sell, would I be able to find people that are interested in buying the property from me in the current market?

Thanks ahead of time for your input.

- Steven Cobb

Most Popular Reply

User Stats

1,790
Posts
1,382
Votes
Cameron Tope
  • Property Manager
  • Katy, TX
1,382
Votes |
1,790
Posts
Cameron Tope
  • Property Manager
  • Katy, TX
Replied

Hey Steven,

I agree with @Nick C. - deals are harder to find than buyers. A good deal will almost always bring the buyer. 

However, when you stated "considering trying wholesaling" I got a little nervous for you. If you're going to "give wholesaling a try" or "consider it" then you're probably going to fail. 

Wholesaling is tough. You must be a good marketer, you get a lot of no's and are always in negotiations. 

If you want to succeed in wholesaling then your best odds are jumping in with both feet. 

Best of luck!

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