AB
4.1K posts

AB
@abchulo
Finance | Distressed RE | 1911
Tampa, FL Se unió Ağustos 2011
1.1K Siguiendo1.3K Seguidores
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@FluentInFinance Not even for the same house, $500k seller in 2021 wants $700k+ now.
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A $500K mortgage was $1,900/month in 2021.
A $500K mortgage is now $3,200/month.
$1,000+ more each month for the same home.
unusual_whales@unusual_whales
Americans now need an income of $111,252 to afford the median U.S. home, 46% higher than the $76,020 required to rent, per Redfin
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@NickMaccini I have this built out now, let me know if you want to check it out!
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Wholesalers get a bad rap for “taking advantage” of distressed sellers.
Here’s my take.
If wholesalers disappeared tomorrow, 90%+ of flippers would take a massive hit to deal flow.
Yes, you can buy off the MLS.
But personally, I’d lose out on most from increased competition of them being listed.
Yes, you can do direct-to-seller marketing.
But that’s an entirely separate business with its own costs, systems, and headaches.
Wholesalers fill that gap.
Are there bad apples in wholesaling?
Absolutely.
But there are bad apples in every lane:
flippers, developers, landlords, agents, lenders, etc.
Wholesalers provide a real alternative for sellers who don’t want to go the traditional route.
Could most sellers get more money listing, even after 6% commissions?
Usually, yes.
But price isn’t always the top motivator for distressed sellers.
Certainty, speed, and simplicity often matter more.
Good wholesalers don’t exploit sellers.
They solve problems—and keep the entire investor ecosystem moving.
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Do everything immediately.
mubiouš@Mubarak_mubious
what’s one “small adult cheat code” you wish you learned earlier ??
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