By Ali Boone
And yes, these are all things I hear repeatedly on BiggerPockets by investors, especially in the forums. The things I’m about to list aren’t necessarily misconceptions for every investor, but investors just starting out need to be aware of reality.
Everyone hears how easy wholesaling is and how you can make soooo much money doing it. Yes you can make a lot of money, but it’s not easy. It takes mega amounts of work. Additionally, wholesaling isn’t even investing.
Unless you count getting a return on your time (not money) investing, but in reality that is called “working”. …read more