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

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

FromBiggerPockets Daily


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

FromBiggerPockets Daily

ratings:
Length:
12 minutes
Released:
Feb 22, 2023
Format:
Podcast episode

Description

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.
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Released:
Feb 22, 2023
Format:
Podcast episode

Titles in the series (100)

BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!