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Updated almost 12 years ago on . Most recent reply
Step by step Wholesaling -but is it correct?
I found this article on [REMOVED] explaining the four steps of wholesaling. Although it seems pretty legit, I had to post and get feedback.
[COPYRIGHTED MATERIAL REMOVED. POSTER IS DESCRIBING WHOLESALING]
Yay? nay? All opinions are welcomed
Most Popular Reply
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When I was in college I had a professor who I loved, who taught business. He stood up in front of the class, looked at some of the guys we all just knew were going to be Enron-style executives, and said these words which have never left my head:
"In the long run, bears will make money. In the long run, bulls will make money. In the short run, pigs might make a lot more money, but in the long run? Pigs get slaughtered."
Why screw over a wholesaler who can bring you profitable deals for possibly years to come for one deal? You might make a few more dollars in the short term, but you're shooting yourself in the foot long term.