The property that Eddie is telling us about certainly seems to fit with this snippet.I'm not here to defend wholesalers, because what all others have posted here is dead on with my experiences with wholesalers as well.

All investment involves risk.Most folks have very little idea about stocks and those are based on a very fickle market.

But the rest of the year is misery.One time, while visiting Florence, OR, in the summer, we were met with overcast skies, fog, mist, temps in the 60's, and a beach covered with millions of dead rotting jellyfish.

As a matter of fact, I consider it "assault and battery with a deadly chemical substance."

Here's your answer:http://www.biggerpockets.com/forums/93/topics/55512-is-wholesaling-dead-in-the-current-market-Ryan Webber doesn't gloss over the facts in this thread so if you're current strategy isn't working try a new one.

Only highly marketable assets, stocks, bonds, annuities, etc that can be readily turned to cash, like in three days.....yes, an accounting definition is less than a year, but not in these cases.I doubt fannie would accept scrap gold, even with an appraisal as the appraisal could be questioned IMO.

There are many other facets to it.I got into it because it was a passion of mine to do so and I finally found a way to pull the trigger.Flexability, freedom, no limit to how much you can make, no boss telling you what to do, active+passive options, and so much more is what attracts me and lots of others to this.In fact, if you like at many financial studies, the largest portion of the rich got there through RE investments, more so than inheritance, stocks, hard work, high paying jobs, etc.

Its convenient, the prices are good, and they have most stuff in stock.

Similar to stocks, there are investors (long term hold / passive) and dealers (day traders).

I'm fortunate to have sufficient reserves to should i get an immediate loss (sell google stock :-) - Liability: I'm trying to get some ideas on how to protect for liability.