rehabber buyers

Performance Property Real Estate Question

Biggest Mistake Wholesalers Make

Q: Gerald, I’m a new real estate wholesaler and I’m having trouble closing my first deal.  I’ve built my rehabber buyers list like you told me, but all the investors are passing on the deals I have under contract.  What am I doing wrong?  Craig, Rochester, MN A: Craig, if rehabbers are passing on your wholesale deals, one of 2 things is happening: 1) either you’re pushing deals in areas or neighborhoods that your buyers aren’t interested in or 2) your wholesale price is too high. Part of your job as a wholesaler is to find properties in neighborhoods that your investor buyers want to buy in. One of the biggest mistakes wholesalers, especially new wholesalers make is not leaving […]

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