“INVESTING IN REAL ESTATE: The Good, The Bad, The Ugly“
Everyone has a cousin or father-in-law who’s bought an investment property here and there who parades as an active real estate investor, but in reality has very little knowledge or experience. They love to tell anyone who will listen how easy rehabbing houses is. They’ll make sure to tell everyone in the room how they made $30,000 rehabbing a house and how anyone can be a real estate investor and make millions.
They will fail to mention that their realtor fees were $7,000, that their holding costs for the mortgage was $10,000 and when you calculate for hours they had invested in their project that they actually made less than minimum wage.
This is often the best case scenario considering many real estate investors lose money rehabbing houses whole exposing themselves to an insane amount of liability.
Who do you think is going to get blamed when the 3 year old living in the house comes down with lead poisoning? What about mold? The “rich” real estate investor, that’s who,
Why am I telling you this while most real estate educators are telling you to rehab? Because I care about your success. If you succeed, we all succeed. Save yourself the hassle, liability, & potential lost profits from rehabbing houses and learn from my mistakes.
Instead learn how to wholesale houses to other rehabbers and let them do all the work! Simply find great deals and assign your right to buy them to a rehabber. Make $5, $10, $20,000 each time.
You don’t have to buy the house; you don’t have to use your money or credit! Just assign your contract and move on to the next deal
I have wholesaled over 200 houses this way and can show you how too…
Purchase my Wholesaling Quick Start Guide today to get started today!
Stephan is a freelance writer, who often writes about property rehab and real estate wholesale .
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