Thursday, November 20, 2008

Project Stocks

Stock Market and Investment blog

You can prosper in Real Estate without knowing how to find deals

Posted by Jesse Davis On August - 28 - 2008
by Jesse Davis

You don’t have to know how to find the deals in order to make a fortune in Real Estate All you have to do is work with a Wholesaler to find your deals. Below is how to find the wholesaler that will make you a fortune.

-Like walmart, wholesalers usually buy in bulk and therefore get discounts that they can pass to you.

-wholesalers make money on volume, (the big wholesalers in your area) they don?t make a bunch of money on one deal.

-volume wholesalers usually mark up their deals a few thousand dollars and leave most of the profit for other investors

-The Best Wholesalers do what ever it takes to make their buyers successful because they want repeat buyers that is what keeps them in business.

-Volume Wholesalers usually veiw close to a hundred houses and make 50 or so offers every two to for weeks in order to get their deals. This is a bunch of work this is work you don’t have to do and more importantly it is work you don’t have to learn how to do.

-wholesalers allow you to focus on your end goal

- The Largest wholesalers are going to get the best deals because they buy every month and build all the relationships with realtors and get first call on everything. It would take you years to break in if you could break in at all.

Overall, working trying to find better deals than your local wholesaler is a waste of time. At best you may save a few thousand bucks finding the deals yourself. You will be a lot better off and achieve your investing goals a lot faster by taking advantage of their time and expertise.

Let the local wholesaler be your employee to find the deals and you focus on your exit stratedgy

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