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 25 Miniature Eggs Dollhouse Food Doll HouseWHOLESALE $4.99 Time Remaining: 26d 8h 30m Buy It Now for only: $4.99 |
 50 Mushrooms Dolls House Miniature Food WHOLESALE LC1G $9.99 Time Remaining: 2d 8h 9m |
 6 PACK COUNT DOLL HOUSE SHADOW BOX CAMPBELL KIDS WHOLESALE MINITURE SHELF $4.99 Time Remaining: 27d 10h 6m Buy It Now for only: $4.99 |
 1cm 100 Mixed Flower Cake For EARRING WHOLESALE Dolls House Miniature Food KA1A $70.00 Time Remaining: 26d 16h 28m Buy It Now for only: $70.00 |
 1Scale Doll House miniature brass lock and keyWholesale FREE SHIPPING $39.90 Time Remaining: 17d 13h 36m Buy It Now for only: $39.90 |
 20 Miniature PeasVegetablesFoodDoll HouseWHOLESALE $4.99 Time Remaining: 25d 15h 20m Buy It Now for only: $4.99 |
 Lot 100 Pretzel Bakery Dolls House Food WHOLESALE LD1A $18.99 Time Remaining: 14d 3h 56m Buy It Now for only: $18.99 |
 100 Sausage Croissants Dolls House Food WHOLESALE LD1A $18.99 Time Remaining: 26d 8h Buy It Now for only: $18.99 |
 50 Sausage Croissants Dolls House Food WHOLESALE LC1A $11.99 Time Remaining: 27d 4h 24m Buy It Now for only: $11.99 |
 Dolls House Miniature Food Lot 100 Bell Peppers Paprika Vegetable WHOLESALE LD1G $18.99 Time Remaining: 29d 19h 9m Buy It Now for only: $18.99 |
 Dolls House Miniature Food Lot 100 Color Ice Cream With Swirls WHOLESALE LD1C $18.99 Time Remaining: 29d 12h 39m Buy It Now for only: $18.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE64 LC1K $11.99 Time Remaining: 10d 1h 36m Buy It Now for only: $11.99 |
 Dolls House Miniature Food Lot 100 Mixed Tomato Vegetables WHOLESALE LD1G $18.99 Time Remaining: 28d 9h 40m Buy It Now for only: $18.99 |
 Dolls House Miniature Food Lot 50 Egg Hamburgers Bread Bakery WHOLESALE LC1A $11.99 Time Remaining: 9h 59m Buy It Now for only: $11.99 |
 50 Mushrooms Dolls House Miniature Food WHOLESALE LC1G $11.99 Time Remaining: 17d 20h 13m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE35 LC1K $11.99 Time Remaining: 1d 23h 41m Buy It Now for only: $11.99 |
 Dolls House Miniature Food Lot 50 Egg Hamburgers Bread Bakery WHOLESALE LC1A $9.99 Time Remaining: 6d 7h 9m |
 50 Broccoli Dolls house Miniature Food WHOLESALE LC1G $11.99 Time Remaining: 12d 6h 37m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE39 LC1K $11.99 Time Remaining: 2d 22h 56m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE18 LC1K $11.99 Time Remaining: 13d 20h 57m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE56 LC1K $11.99 Time Remaining: 9d 57m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE28 LC1K $11.99 Time Remaining: 1d 21h 42m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE48 LC1K $11.99 Time Remaining: 3d 21h 56m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE43 LC1K $11.99 Time Remaining: 4d 21h 56m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE67 LC1K $11.99 Time Remaining: 7d 22h 56m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE52 LC1K $11.99 Time Remaining: 7d 23h 25m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE69 LC1K $11.99 Time Remaining: 8d 56m Buy It Now for only: $11.99 |
 Dolls House Miniature Food lot 50 Assorted Donut Cakes CupCake WHOLESALE60 LC1K $11.99 Time Remaining: 10d 23h 46m Buy It Now for only: $11.99 |
 Dolls House Miniature Food Lot 100 Sugar Donut Bakery WHOLESALE LD1B $18.99 Time Remaining: 19d 6h 51m Buy It Now for only: $18.99 |
 Dolls House Miniature Food Lot 100 Ham Cheese Bread Bakery Hotdog WHOLESALE LD1A $18.99 Time Remaining: 17d 21h 51m Buy It Now for only: $18.99 |
 Dolls House Miniature Food 1cm 100 Cakes Mixed Fruit Flower Cake WHOLESALE KA1A $70.00 Time Remaining: 13d 15h 56m Buy It Now for only: $70.00 |
SORRY, FLIPPING HOUSES DOES NOT MAKE YOU A PROFESSIONAL WHOLESALER
I have been in the business of Real Estate Wholesaling for over two decades and have met many people who refer to themselves as professional wholesalers. They flip houses for a living, but that is all they do. They use various means to locate a house and then their determination of the value is usually wrong. I have many of them call me and ask if I have a buyer for the property. In almost every case, they want to split their assignment fee for me to provide an investor. They rarely have a data-base of investors to buy their contract. Of course this will cost you a considerable part of your assignment fee. I do understand that there are situations where they may just be getting started or they may be a person you are networking with. In some cases you use other wholesalers that you network with to get a contract bought. You may not have any investors that would be interested in the property and one of your networking partners does have one. This is an important part of the wholesaling business. Making money using different marketing and networking strategies.
After many conversations with people that refer to themselves as wholesalers, I recognize very quickly that they have very little knowledge and have a game plan of exactly zero. No investor data-base, no marketing plan, no networking plan, no business plan and just no plan. They are people that are just trying to make a fast buck and that is perfectly okay. But they are not professional wholesalers. I would refer to them as a Bird Dog. Bird Dogs are finders and locaters of distressed property with a possibly motivated seller. In most cases they are very inexperienced and have very little skill in closing the deal . That is just fine also. You have to start somewhere. Even people that have spent excessive amounts of money with so called gurus seem to have very little skills and are confused as to how they build a good solid business wholesaling real estate properties.
Do you know about Hard Money, Rehabbing, Buy, Hold to Rent, Buy , Hold to Sell, Rental Management, Vacant Houses and their absentee owners, advertising campaigns, farming, networking, marketing, negotiating, title companies, contracts? These are skills that a good professional wholesaler would be able to implement on a case by case basis.
This is a professional business and you need to decide if you want to be well rounded and skillful or just very limited in the deals you can put together and very limited in the amount of money you can make. Experienced investors respect knowledge and they rely on your skills to make transactions go smoothly and give them good sound options when purchasing wholesale property. You also need these skills to determine the exit strategies you use to hold property for your long term wealth or rehabbing houses for tremendous profits.
You can make a great living in this business, but there are dues to pay. If some so called guru tells you that it is “so easy”, he must be talking about how to hit the Pay Pal Button.
Good Luck Everyone,
Duane Stephens
www.LearnToWholesaleHouses.com
www.WholesaleHouseFlipping.com
About the Author
Professional Real Estate Wholesaler and Author of “Learn To Wholesale Houses”. 25 years of experience/contracted over 200 properties. Expert author of many articles published on various websites. and Syndicated Columnist Former Securities Broker with over 25 million dollars in Venture Capital raised. Professional Golfer for 22 years. Mentor to over 100 real estate wholesalers.
Foreclosed Home, wholesale deal, rehab in New Britain CT- Hartford county