I'm Losing Faith In Wholesaling

[Anthony Watkins]

I'm in about 5 different investment groups on Facebook and they all complain about wholesaler calls, wholesaler text, wholesaling postcards, etc. As someone who aspires to be a Buy and Hold Investor, I try to put myself in the other person's shoes when making these phone calls asking someone to sell their home for 40% below market value....and I can't picture a world where an investor would be excited to take that deal.

Seriosuly wholesalers, how many calls are you making a day, how many postcards are you sending out, how much money are you spending on ads and gas to Drive For Dollars? Are you texting? Is wholesaling worth it in a hot market? I can see how this was a lucrative business model in 2006-2012. But now...how do you stand out? 

I'm 4 weeks in and 0-25 but I've reached out about 200 times using different forms of communication. 

[Terrell Garren]

Wholeselling - Bugging 10,000 people to find the 1 person that is in a desperate situation and has no idea of market value, realtors or auctioneers.  Then hoping to keep them in the dark until you close and walk away with 40% of their money and claim you rescued them from poverty, misery and life long devastation. 

Yeah, wholescamming annoys me very much and I wish it were illegal in every state. A wholesaler is to a realtor what a pay day lender is to a credit union.