Reasons Why Wholesalers Fail - What not to do

[WeSellHomes2Fix]

Correct in the above post.  If inflation was a concern  for us in a wholesale deal, that deal would be the least of the problems.

[WeSellHomes2Fix]

Another one I forgot

Paralyses Analyses - Do not spend hours and hours on one home trying to decide on the offer amount when you could be making other offers.  This game is all about making as many offers as possible.  Some you will get and most you wont.  Don't get hung up on 1 property.

[Abraham679]

Hey,
John good video man.......
5stars.

[looking for a teacher]

well i guess you r right in that wholesale is only one strategy in Real Estate which means yoou can not depend on it for every deal. but in my opinion in every field there are the good and the excellent. i guess just how much energy are you willing to put in is what makes the difference. 

 things that make wholesale is an excellent strategy are:
1. quick cash for beginners
2. once you do few transactions your self confidence boost
3. it teaches you some skills such as negotiation, team building, the importance of wholesale prices as an investor, building an investor database. etc
4. ther are always investors who want to rehab. so you will be able to make money any way just be realistic with the assignment fee.

thanx for sharing your insights,

[SinnCity]

I definitely appreciate this thread and I'm new to real estate and I seriously need a mentor. It's not as easy as the "gurus" make it appear...

[reitx]

I definitely appreciate this thread and I'm new to real estate and I seriously need a mentor. It's not as easy as the "gurus" make it appear...

This is a very informative thread for all of us new investors. Thanks. I am still studying more on RE investing and also in serious need of a mentor. Hoping to get one soon while at the same time increasing my knowledge on investing. Would like to start off with assigning some wholesale deals and plan to birddog for a few months to learn as I build my buyers list.