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Investing Strategies

The Breakdown: Wholesaling Listed MLS Props

2018-9-25-260.jpgDid you know that wholesaling listed properties is different than wholesaling houses from a private seller?

Well, it most definitely is…

Hey Moguls, Steph Davis here, and I get a LOT of questions about a listed properties… like which ones to go after and how to go about it.

And by ‘listed,’ I mean MLS.

So let me start off by saying that I'm very picky and I have a very specific type of listed property that I look for…

Why?

Because in my market, it's extremely competitive. I don't make a lot of offers on MLS deals—I do every now and again—and every now and again I get one.

But, you can still do these deals successfully in many places across the country…

So, let’s dive into these high-level tidbits about making offers on listed properties.

The Contract

You can’t use your own contract when making offers on listed properties.

You have to use the state-approved Board…


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