I've been reading many posts here on the famed BP site in regards to wholesalers and wholesaling as a whole. What is quite disturbing and frankly disheartening is that the majority if folks/investors are extremely discouraging to those who wish to get in to this business.
Negative attitudes towards the niche and those who choose to step in to the wholesaling arena, name calling, slamming the niche, demonizing those who wish to pursue that route to better themselves etc.
How can someone be a student without being called a sucker? Where/how is one to learn by being a student and not a sucker? Any suggestions are welcomed. One MUST learn FIRST before anything else is to transpire. Who do you suggest we learn from? Are you willing to teach and educate? Are you willing to inspire instead of discourage?
Yet I have yet to read from any of the folks who slam the niche offer any positive suggestions. It's been all negativity. I don't understand that. Other times it's been suggested that instead of wholesaling to become an investor. To invest for ones self takes funds, which is why most, myself included, choose wholesaling to get their feet wet, to build capital, to pay those immediate bills etc.
One statement is true. IT DOES take capital of some sort to be a wholesaler. You need some for marketing, supplies and a few other odds and ends. As far as the properties go, the end buyer's funds are what close the transactions. So yes, I concur that some degree of capital is needed but not a whole lot. The goo roos need to at least start saying, "You need capital for your marketing efforts." I think that will put the whole no money, no credit issue to rest.
