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All Forum Posts by: Michael S. Brooks

Michael S. Brooks has started 1 posts and replied 4 times.

Post: Wholesaling vs. Flipping

Michael S. BrooksPosted
  • Duxbury, MA
  • Posts 4
  • Votes 0

Thanks for the detail, Sean. My first Rehab was definitely to slow but we also decided to live there for a bit. My next investment will be a straight flip, so I appreciate the guidance. 

Post: Wholesaling vs. Flipping

Michael S. BrooksPosted
  • Duxbury, MA
  • Posts 4
  • Votes 0

One follow on question for everyone. In an ideal situation, how much time (total) should you take from closing/getting keys & rehabing to listing? I know you want to do this as quickly as possible but was wondering for a more accurate time table... 1 month? Thank you.

Post: Wholesaling vs. Flipping

Michael S. BrooksPosted
  • Duxbury, MA
  • Posts 4
  • Votes 0

Thank you, Dev and Robbie for the quick responses. Very helpful advice as I continue my education. The marketing costs for wholesaling definitely make sense. Best, Michael

Post: Wholesaling vs. Flipping

Michael S. BrooksPosted
  • Duxbury, MA
  • Posts 4
  • Votes 0

I am a newbie and learning the ropes. I just finished the beginners guide and am deciding between wholesaling vs. flipping for my area of expertise. I have some experience with flipping, I recently flipped/sold a house (rehabbed down to the studs) so I was thankful to learn a bit during that process. One niche that peaked my interest during the beginners guide was wholesaling. I am continuing my education but am hoping for some quick guidance here:

What markets (city vs. suburb vs. rural) and dynamics (economics) are best for wholesaling? Massachusetts as an example.

Is there a particular sweet spot (lower end of the market vs. middle or high end) for doing high volume wholesaling?

From a marketing perspective how long is the ramp up to get your funnel flowing and which methods are most successful? Website vs. Direct Mail vs. Social Media

I am looking for income from either of these two methods 15k per month as an example.

Thank you for the guidance.