Wholesale

Wholesale is not an investment of money but rather an investment of time. Similar to wholesaling any other item, you buy it for a discount and sell it for market value. Wholesaling is an alternative to working a traditional 9-5 job and or great side hustle. Especially if you’re interested in getting familiar with real estate, financing, building a network and understanding everything else that goes into making deals work all while making great income. Wholesale fees range anywhere from a few thousand to tens of thousands depending on the scale of the deal. You find a value add property, secure it under contract for under market value and assign the contract to an interested buyer for market value. The spread between the two contracts is how much you will make so the better you are at finding great deals and negotiating the more you will make. The famous question is “How do you get properties for below market value? Isn’t that unfair?” You’re looking for motivated sellers that need to exit on a property or don’t want to deal with it. It’s the same reason you bring clothes to Goodwill instead of selling them on Facebook. Because you don’t want the hassle. We always recommend creating win-win situations. Wholesaling property connects buyers with sellers, allowing sellers to exit a foreclosure with money in their hand and allowing an investor can revitalize a community.