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• Archive: Real estate wholesaling is similar to flipping except that the time frame is much shorter and no repairs are made to the home before the wholesaler sells it.
• A real estate wholesaler contracts with a home seller, markets the home to his potential buyers, and then assigns the contract to the buyer.I (Dave) have been a real estate investor for 14 years, ever since I was a burned-out landscaper living in a one-bedroom fleabag apartment and eating TV dinners.When I heard about real estate investing, I simply couldn’t do it the “conventional” way because I didn’t have any money!
• So through lots of experimentation, I discovered ways to profit without first putting in money.I now control about a third of a billion dollars of real estate around the U.S.I met Craig Picard and Don Goff several years ago.
• Craig had been a “road warrior” for big companies, leaving home each morning in the dark and coming back in the dark. He got really sick of working so hard for someone else’s business.He also was tired of wondering when the next corporate shakeup would happen, the next layoffs, the next bureaucrat-driven orders coming down from headquarters.Meanwhile, Don Goff was trained as an engineer.
• He also had a crazy-hard work ethic, holding down three jobs at a time.