Friday, November 21, 2008

Can you still wholesale in this declining real estate market?

By Jesse Davis

The Sky is falling! That is the news you here about the Real Estate market every time you turn it on lately.

The problems with credit and lenders going under is a major problem and I am not trying to make light of that, I do acknoledge there are some major issues in the market right now.

What is the saying, ?buy when everyone is screaming, -----woe is me ---and sell when everyone is saying ----yeeeee hiiiii?--- or something like that.

There is not going to be a better time to throw your hat in the real estate market. The deals that are out there now are like no other time and you want to know a secret -----You can still make a living wholesaling in this market!!

People say that nobody is going to buy in this market, everyone is scared or no one can get qualified. I say bullcrap, I have wholesaled 50 properties in the last 6 months.

What do you think about that?

Don't be fooled by the media. There are buyers in your market. If not in your market there are plenty of markets that you can still buy in. Find out who they are and what they want and then find them a deal. Don't make it complicated just bring the buyer together with the deal.

Up and down that is the way it works and continues to repeat. The market is constantly changing. In a decline the big dawgs that know what they are doing are the ones that are the buyers. You position your self in between a good meal and the big dawg and he wants that meal (deal) bad he will pay for you to move out of the way and you can be the one saying cha ching!

Find the buyer then find the deal, not the other way around. - 15224

About the Author: