Wholesaling can be one of the greatest things to any real estate
investor when they are just getting started or they need cash now.
The problem that lies in this is that your traditional wholesaling
educators or gurus tend to only teach you the myths and the strategies
from ten years ago. There is a big problem with that. The market has
changed. Investors have changed. Sellers have changed. The lies are that
they just do not do it anymore. That is something that you need to be
clear about.
You need to understand that wholesaling is made up of many different
ways of investing as a wholesale investor which is obviously just the
art form of controlling real estate to make what we know as an
“assignment fee.”
A lot of these so called “gurus” out there will tell you that you
need no money to do this strategy. Well, that is another lie. They
always leave out the fact that you have to do marketing. There is
traditional wholesaling where most people go down the path of really
trying to start wholesaling. That is a flat out lie. If you are going to
do traditional wholesaling, you have to do a lot of marketing which
requires money on your behalf to invest in that.
Now, do not get me wrong. We can build to traditional wholesaling. I
want you to also be aware that you can not only build to traditional
wholesaling which requires marketing, but there is a phenomenal way of
wholesaling right now in the current market which truly does not take
any money for marketing if you position yourself as a co-wholesaler. As a
co-wholesaler, we can find people with properties and we can find
people with buyers, and we can use the correct paperwork in the process
to earn a fee on those types of transactions.
Now, I want to be clear with you that not all wholesaling requires
you to pay for marketing, but the myths and the lies that they tell you
about traditional wholesaling does require for you to spend money on
marketing, but let’s build through that as we learn what co-wholesaling
is all about.
So, guys. This is Zack Childress. I just want you to be aware of some
of these things and keep reading. There is more great information on
this page and more articles that can help you become a better wholesaler
in today’s market.
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