All Forum Posts by: Dustin P.

This thread is hilarious haha. There are definitely bad wholesalers, just like there are bad agents, bad landlords, bad (insert any job). But trust me, plenty of wholesalers are making real money. It isn't all just "Join my coaching program" though there definitely is some of that happening. Everyone I know who wholesales as more than just a side gig is making wayyyyy more than a typical W2, but most of the people I see who are angry are the people who aren't good at finding deals. Also, to the people who want wholesaling illegal, we will just double close it if that's the case lol

I can't believe all the bad advice on BP and not telling people the very truth about the business this young man wants advice about a double closing and everyone is not telling him the truth. His deal is Trash from the start because he doesn't have no money no financing in place not prepared to close himself been lying to the seller and no hard money lender is going to give some rookie a loan in a couple of days when that person has no track record with that lender!....Also with trying to do a double escrow you must disclose to the seller what you are doing and that always kills the deal and even worse with a double escrow you pay a double transfer tax!!!....Why am I the only one on BP that has the vast amount of experience and knowledge of the business to tell the truth to the public?.....It's making me think its a lot of pretenders wannabe fake investors on BP.    " THE FLIP KING"......." THE KING OF THE FLIP "

I hope they continue to pass more laws like Arizona that require full disclosure from the so called wholesaler which really means " I HAVE NO MONEY I AM FULL OF B.S DON'T KNOW WHAT I AM DOING"!!!!  I cannot stand these lying idiots that don't understand they are doing everything the wrong way...The right way is how I started out was finding a property and developing a relationship with an experienced real investor and have the investor buy the property and the investor pays you a finder fee through escrow when the deal closes. That's the right way to do a deal when you are flat broke, have no money no nothing....These dumb so called wholesalers need to stop lying to the homeowners you are not paying all cash you are not prepared to pay anything because you are flat broke and have no money!!!....I been in business for 40 years and I get calls everyday over 500 calls a day on deals and a lot of them are from these so called wholesalers and 99.9% of the deals are straight up TRASH!!!... These clowns have no idea how the numbers work because they never had their own money at risk have no sense of what the true cost of a renovation is that's why these clowns don't understand what a good deal is and after they call me I am blocking them they are time wasters and need to be eliminated from the real estate industry I CAN'T STAND THEM!!!!