What is the hardest part of wholesaling? (2024)

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What is the hardest part of wholesaling?

What is the hardest part of wholesaling? (1)

  • Involved In Real Estate
  • from Camarillo, California
  • Member since Dec 9, 2014

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What is the hardest part of wholesaling? (3)

Close Thin
  • Involved In Real Estate
  • from Camarillo, California
  • Member since Dec 9, 2014

Jeff McDermottPoster

  • Involved In Real Estate
  • Camarillo, CA
14
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Jeff McDermottPoster

  • Involved In Real Estate
  • Camarillo, CA

Posted Jan 22 2016, 11:36

I am giving a speech to a group of investors/new wholesales and I wanted to get some case studies from outside sources.

I never found that finding deals or finding money was the hard part it was having to stress about if the end buyer was going to close or not.

What are your thoughts on this topic, what is the hardest part of wholesaling for you?

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What is the hardest part of wholesaling? (2024)

FAQs

What is the hardest part about wholesaling? ›

FINDING MOTIVATED SELLERS is THE challenge for wholesalers. This is a marketing challenge.

Why is wholesaling real estate so hard? ›

Wholesaling real estate in California can be difficult because state laws require licensing for those who market properties or advertise their wholesaling services.

What is the hardest part of selling a house? ›

Getting your home ready for sale is number one. Looking good is essential- clean and depersonalise. The clean-up is the hardest part, and the more thorough you are, the better will your results be.

What is the hardest part of your business? ›

The hardest thing about starting a business is the amount of money it takes to get started. It takes money to rent or buy a space, to buy supplies, to hire employees, and to market your business. If you don't have enough money to cover all of these expenses, you'll have to find a way to finance your business.

What is the 70% rule in wholesaling? ›

Put simply, the 70 percent rule states that you shouldn't buy a distressed property for more than 70 percent of the home's after-repair value (ARV) — in other words, how much the house will likely sell for once fixed — minus the cost of repairs.

Is wholesaling really that easy? ›

Using wholesaling in your business is quite simple, especially if you are new. Other investing strategies often require some form of investment and training. However, wholesaling can be very simple to learn and is a great way to start your journey in the real estate world.

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