Wholesaling is Easy, Right? Except when it’s not. Encore
Wholesaling is Easy, Right? Except when….
All the real estate gurus teach newbie investors that they should start with wholesaling houses.
Why? Because it takes no cash and no credit.So it must be a way to make quick cash to build up for your rehabbing or buy-and-hold business, right? They make it sound easy peasy, so they can sell you their bootcamp, class, or mastermind course.
The reality is far different, in fact it is much harder than rehabbing. And I can’t tell you how many times I’ve heard the statement “I’m going to start with wholesaling and build up some quick cash…”And then they fall off the planet and vanish, because they are unprepared for the reality.
Nick Aalerud and Rob Reutzel are successful wholesalers and rehabbers who have been around the block and are ready to discuss some of the perceptions, pitfalls and preparations involved in wholesaling real estate.
You will hear:
Public perceptions of wholesaling and how to deal with it
Most frequent mistakes made by wholesalersInstitutional (read as bank) restrictions on wholesaling
Discussion of “If I can’t buy your house from you, I’ll list it for you.”
Licensees vs non-licenseesDisclosure as a licensee vs “Buyer Beware” on a commercial transaction
Be sure to bring examples of the challenges that you have experienced with regard to wholesaling, and experienced investors, please be ready to jump in and discuss your experiences as well.
Who: All are welcome
What: we have the best real estate investing networking in Massachusetts, and the highest percentage of seasoned investors. No sales pitches, no selling speakers, no multi-level marketing, no memberships. $10 per person at the door, cash, PayPal or credit card
Where: 11 Leo Turo Way Worcester, Massachusetts 01604
When: Tuesday, February 19th, 2019 Networking starts at 6PM, program starts at 6:30PM