In this video, you will discover why real estate wholesaling works even though you are getting people to give you their properties for "almost always" half the price.
QUESTION OF THE DAY -
"What I never understand is why would a person want to give you a $100,000 house for $42,000?"
I explain a few reasons why people would be willing to getting rid of a property cheaper than its actual worth. It has to do with the true meaning of value to different individuals.
A real estate property you may consider an asset could easily be a liability to others.
As a real estate wholesaling professional, one of the things you start your analysis with is after repair value (THE ARV).
A motivated seller could careless about that variable due to unique events in his/her life.
Enjoy the video.