BiggerPockets Daily

861 - The #1 Reason Wholesalers Get a Terrible Reputation (& How to Change That!) by Brett Snodgrass

02.22.2023 - By BiggerPocketsPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The No. 1 reason wholesalers have such a terrible reputation in the real estate industry is because they never have good deals. The most common complaint I hear is that wholesalers aren’t leaving enough profit margin for investor-buyers to make any money deals. 

So what’s considered a good deal anyway?

That would be a property that is going to bring our investor-buyers a nice return on their money after flipping. The biggest problem is that there’s a lot of wholesalers out there who don’t know how properly analyze deals!

It’s critical as a wholesaler that we analyze deals from a fix-and-flipper or buy-and-hold investor’s perspective because they are our primary customer. And what may look like a good deal for us wholesalers may not be a good deal for our investor-buyers.

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from BiggerPockets Daily