Today many investors are making a business of wholesaling properties, the problem, most don’t have a clue what the difference between a profitable deal for the person they wholesale the property to and a deal where the investors are making a large wholesale fee. One thing is for sure, if the investor doesn’t take whether the person who gets the property will be able to cover all of the cost of owning and repairing the property, and still make a fair profit, the investors business will be short lived.
Every wholesaler must know and understand the numbers of each deal. Todays episode talks about how to calculate the numbers of each deal correctly. This information is critical for all wholesalers who plan to stay in the real estate investing business.