The Unsustainable Wholesaling Business ModelIt all started with a simple question. BiggerPockets.com founder Joshua Dorkin sent me an email with a link to the BiggerPockets property directory. It contained several wholesale listings in Phoenix. Joshua asked, “can you check them for me?”After searching the Arizona Regional Multiple Listing Service and tax records I didn’t find anything out of the ordinary. The person that posted these listings didn’t own any of the properties, but … [Read more...]
Working with Real Estate Wholesalers?
November 21, 2011 By Leave a Comment
Working with Real Estate Wholesalers?A forum discussion that I came across about working with wholesalers recently caught my eye. This person was saying something to the effect that they wanted to go around the wholesaler and work directly with the seller. I can tell you that doing that with the wholesalers I know, would guarantee that you would be off their list — forever! Why in the world would someone think it would be OK to “steal” that lead from the wholesaler? Do they really think … [Read more...]
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A Sawtooth Recovery: Validation of What You can Expect in Our Housing Market!
A Sawtooth Recovery: Validation of What You can Expect in Our Housing Market! Back in May of 2010 I wrote an article for BiggerPockets with the title of, “A Saw Tooth Recovery.” By the title you can guess that the housing recovery was expected to see ups and downs in both prices and inventory until a full recovery could be expected. Two years later it seems that indeed we are in the middle of a Saw Tooth Recovery. As predicted, we are just now experiencing a bottom in inventory and … [Read more...]