Wholesalers are the people who have access to other investors.
No matter how big or small you are in this business you should never
buy every deal that you know about.
So you have only two options at that point. Either walk away from
those deals or flip them out to other investors. And if your
database is large enough almost any type of deal you get can be
a money maker for someone else.
But if you have about 20 wholesalers you know well and then you have access to their
databases, and you now have thousands of potential investors for your deals.
You can pay wholesalers about 2500k to move your deals. Take time to create a relationship with
your wholesalers.
Buy property in a any neighborhood that you fill safe owning the property.
Sometimes the deal is worth doing because, the tenant will be
paying about $600 per month with a government guaranteed check.
It's all about building relationships in real estate business.
It's not just the area where you purchase the house, but it is also the cash on cash return.
Tuesday, June 11, 2013
Sunday, June 2, 2013
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