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Hey esteemed investors! Cody Sperber here with another terrific lesson...
A student of mine was asking about an interesting REI topic that's not talked about so often, and I thought it would be great to share with you as a thought-provoking and informative Mogul lesson: Virtual wholesaling in warzones. You know, challenging markets, like Detroit or in certain areas of Ohio, for example.
Well, let me tell you, when properly segmented, warzones can be a market worth tapping into. The challenge often comes with virtual wholesaling, which can produce great results and awesome properties, especially if your market is smaller. But virtual wholesaling can also be a high-risk gamble if you don’t have connections in your target (warzone) market.
So my advice is…don’t go all in until someone you know and trust has checked out the property. You do need boots on the ground for this particular strategy. Team up with a real estate agent who knows the…
Cody Sperber
is founder and CEO of www.CleverInvestor.com. He's successfully closed many different types of real estate transactions including wholesale deals, short sales, multi-unit, subject to, lease options and my own proprietary investing strategy, the Reverse Short Sale. As a new investor he quickly gained a huge competitive advantage by mastering online lead generation, building one of the most successful real estate investing firms in the Arizona market. His companies have bought and sold hundreds of millions in properties and closed hundreds of real estate transactions. Before real estate, Cody served in the Navy and attended Arizona State, and he is now married to his best friend and has two beautiful children (Hudson and Brynlee).