July 20

Wholesalers Caught with Their Pants Down

It seems like everyone and their brother has been jumping into wholesaling over the past couple of years. And have you noticed wholesaling “coaches” have been popping up all over the place? When the market’s hot, it’s almost impossible to not make money wholesaling. Up til about a month ago, everyone was looking to buy houses. But now with higher interest rates and ballooning inflation, the times are a-changin.

But there’s always a silver lining. When the going gets tough, a lot of investors just give up. And this provides a ton of opportunity for those of us who are actually serious about real estate. The starry-eyed dreamers who love the idea of getting rich in real estate but have no real plan of how to actually make that happen are the first to drop out.

If you’re starting to feel a little lost with inventory you just can’t move, there’s no need to panic. I’m going to share a simple, yet very common strategy that my wholesaling students use when they get stuck.

All you need to do is list the property.

Oh wait, you’re not a real estate agent? Are you gonna let that stop you? Heck no! When there’s a will, there’s a way.

A wise man once told me that one is the loneliest number in business. Only have one strategy to move a property? It’s time to make some changes. If you haven’t done this yet, it’s high time you developed strategic relationships and opportunity to serve your sellers in more than one way and in any market cycle.

To your success,
Ernie “Silver Lining” Vargas | The Probate Fox

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