Friday, August 5, 2011

About Wholesaling

A Common Misconception About Wholesaling

When you think of wholesaling, it’s pretty likely
that you think of fast money, exciting flips and
beat-up, broken-down houses making you wealthy.

And that is great, because that is a lot of what
wholesaling is all about! However, I’m noticing that
as the housing market continues to present, well,
a bit of a challenge, a lot of the “gurus” out there
are busy telling their students that you just can’t
wholesale in today’s market. Now, there are a lot
of reasons that this is not true, but I do think that
this misconception runs deeper than just a “fear”
of the current economy. It is the result of an
oversimplification of the wholesaling process.

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