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Wholesalers ?

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21elnegocio

WholeFlips Wholesaling Houses Virtually
FASTLANE INSIDER
Summit Attendee
Feb 28, 2012
541
304
158
Downtown Phoenix, AZ
Hello,
Any wholesalers in the group ? What markets are you currently in ? How is your market ?


Did this winter slow down a bit for you ?
 

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WorkingOnIt

New Contributor
Nov 15, 2016
14
13
20
29
Macedonia, Europe- NJ, USA
Hello,
Any wholesalers in the group ? What markets are you currently in ? How is your market ?


Did this winter slow down a bit for you ?
I wholesale cannabis for recreational and medicinal use. We also provide CBD Oil. You may have been asking for B2C results, from a B2B perspective things haven't changed in terms of demand. It is just as hard to find a new buyer in bulk than it was 3 years compared to now.
 
OP
OP
21elnegocio

21elnegocio

WholeFlips Wholesaling Houses Virtually
FASTLANE INSIDER
Summit Attendee
Feb 28, 2012
541
304
158
Downtown Phoenix, AZ
I was wholesaling houses - the market got too tight for me. Our cost per deal quadrupled. We shifted to a different space and are waiting til things cool off.


What city are you in ? Cost per deal did go up but it all depends what type of marketing your doing.... What space did you move into? Is it within real estate field ?
 

Denis12345

New Contributor
Dec 26, 2019
3
1
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33
Ukraine
Person or firm that buys large quantity of goods from various producers or vendors, warehouses them, and resells to retailers
 

JScott

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Speedway Pass
Aug 24, 2007
4,532
9,786
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Person or firm that buys large quantity of goods from various producers or vendors, warehouses them, and resells to retailers
This is in the real estate forum, so I assume he's talking about wholesaling real estate, specifically.

But thank you for cutting and pasting from your Google query...we never could have done that amount of research on our own...

 

JScott

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Speedway Pass
Aug 24, 2007
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9,786
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We actually just started wholesaling last year. For the past decade, there was a lot more money/return to be made (even risk adjusted) by just completing the rehab and selling ourselves. But, these days, investors are willing to overpay considerably for properties, so wholesaling is now providing better risk-adjusted returns than renovating the properties ourselves.

We wholesale about 60% of the properties we pick up these days, in all our markets.
 
OP
OP
21elnegocio

21elnegocio

WholeFlips Wholesaling Houses Virtually
FASTLANE INSIDER
Summit Attendee
Feb 28, 2012
541
304
158
Downtown Phoenix, AZ
We actually just started wholesaling last year. For the past decade, there was a lot more money/return to be made (even risk adjusted) by just completing the rehab and selling ourselves. But, these days, investors are willing to overpay considerably for properties, so wholesaling is now providing better risk-adjusted returns than renovating the properties ourselves.

We wholesale about 60% of the properties we pick up these days, in all our markets.

Hey Jay makes sense, I myself stopped flipping due to the time, energy, and risk it was taking. Wholesaling can be a much faster process without the risk and tying up money for 4-6 months. I still need to bring you on my podcast !! What cities do you wholesale in ?
 
OP
OP
21elnegocio

21elnegocio

WholeFlips Wholesaling Houses Virtually
FASTLANE INSIDER
Summit Attendee
Feb 28, 2012
541
304
158
Downtown Phoenix, AZ
To the gentlemen that are wholesaling properties... Would one or both of you have properties available in New Jersey or the 5 Boroughs of New York City?

I'm open to receiving details on purchasing.

None for me out there @WorkingOnIt Those are not my markets but if I come across something there I will let you know for sure ?
 

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