Question: “Do I Need Money To Wholesale?”
I think it's very important that we understand what wholesale is first.
Wholesale is a real estate investing strategy.
Wholesale traditionally is a type of trade.
In trading you have wholesale and you have retail.
Retail is essentially when you go to a regular market and you pay full price, the retail price of some kind of product.
In real estate it’s the same thing.
You go to an agent.
Most of the houses that are listed on the MLS or Multiple Distance System with an agent,
...most of those properties are listed at the retail price.
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Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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