Wholesale Properties To Reduce Risk
People seem to have very mixed opinions on wholesaling in real estate. I notice it in our local Philadelphia market as well as across internet forums. I believe wholesaling can sometimes have a bad reputation because it is the point of entry for most investors into real estate investing. It is not the act of wholesaling that causes people to view it poorly but rather the people that are doing it. Like any industry, there are good and bad people at their skill set. Wholesaling itself should be embraced in the investment world as when a flipper or landlord has a good wholesaler to work with, it makes their lives very easy. For the actual wholesaler, this form of investing is great for many reasons. One of the most important is that it reduces risk and builds you bank account. Unlike a flip or rental, wholesaling is not about owning real estate. Wholesaling is about selling a contract. This in it's own right reduces the chances of the wholesaler losing money or being knocked out of the game. It gives the wholesaler the ability to meet many experienced investors, learn from them and then emulate them as they grow. Wholesaling also reduces risk by allowing the investor to truly learn their market. They will learn what cash buyers will and will not pay for their deals. By doing this, they are honing in their skills on analysis and risk reduction for when they decide to flip or rent on their own. Wholesaling is a fantastic form of real estate investing and a great place to start for people entering the business.
Ian Walsh215.839.3271
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