I don't go to an auction to pay retail.

Your protections are gone and you'll be paying a massive fine for doing business in the state without authorization.

Your bidding from afar on properties that are over valued.Sometimes the property is worth the value and between going under contract and the closing it gets vandalized and has massive damage.It will hard for you to compete with local wholesalers who know the areas.

And then use the contractor's desk.I was just wondering why use the 10% coupon if the card had a better discount say 85% retail value.

Ann Bellamy Where I am there would be/is real competition for a $225K house needing only $25K repairs for a retail value of $300K.

You also mentioned vacancy being a pro on a MF, but it can also be a massive problem.

While they are spending 9 months rehabbing and trying to sell retail to make $60k, we've flipped 15 houses at $10k a piece.Do not let anyone ever tell you that wholesaling is predatory.

Hello All, For the sake of saving time, I have been considering shifting all my lease option and rent to own retail buyers over to just an email list.

The definition of wholesaling is selling something for lower than its retail value to a non-end user (i.e. an investor).

Things are a bit slower on the retail end, but prices haven't really slumped as they were never inflated to start with.