part time real estate

Performance Property Real Estate Question

Simple Way To Make Money In Real Estate Part Time

Q: I want to get involved in real estate. Is it possible although I have a full time job? Gary, Edgewater, NJ A: Yes, you can make money in real estate part time by wholesaling property. To be a successful wholesaler, you don’t need much money, nor do you need good credit. Real estate wholesalers engage in a kind of arbitrage, selling or ‘assigning’ purchase contracts that they negotiate. After a wholesaler signs a contract to buy a property, he has an equitable interest in that property that he can then assign to another buyer willing to pay a higher price—the difference in price between what the original seller agreed to sell for and the price the buyer the wholesaler […]

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