Wholesaling in a dead real estate market- is it possible?
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Woe is me! Thats what the newspapers and network television are saying about the current Real Estate market this year.
The problems with credit and lenders going under is a major problem and I am not trying to make light of that, I do acknoledge there are some major issues in the market right now.
What is the saying? Buy when the market is down and sell when the market is up.
There is not going to be a better time to throw your hat in the real estate market. The deals that are out there now are like no other time and you want to know a secret —–You can still make a living wholesaling in this market!!
People say that nobody is going to buy in this market, everyone is scared or no one can get qualified. I say bullcrap, I have wholesaled 50 properties in the last 6 months.
Can you believe that?
Don’t listen to the naysayers. You find the buyers in your market and find them the deals they want and you sit there and laugh about how everyone else is sitting there on the sidelines while you are getting rich
Up and down that is the way it works and continues to repeat. The market is constantly changing. In a decline the big dawgs that know what they are doing are the ones that are the buyers. You position your self in between a good meal and the big dawg and he wants that meal (deal) bad he will pay for you to move out of the way and you can be the one saying cha ching!
Find the buyer then find the deal, not the other way around.
July 29, 2008 by Jesse Davis
Filed under Investing




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