005: Building A Wholesaling Empire in Less Than 3 Years with Mark Skowron

For many people, wholesaling is the doorway into real estate investing. It’s one of the simplest ways to get in and learn how the real estate markets work, and how to take advantage of the selling and buying of properties that happens every day in the United States. Our guest on this episode of the InvestFourMore Podcast proves that by the wholesale investing success he’s experienced in just under three years.

Getting started in real estate wholesaling

Mark Skowron is from Chicago – born and raised there – and got into real estate investing after a typical high school and college education. He spent time with a sales company before trying his hand at real estate investing, where he was the most successful salesman in the company within a short time. When he heard about real estate wholesaling Mark was eager to try his hand, so he read up on how wholesaling works, got some “We buy houses” signs to post at some major intersections, and started interacting with people who needed to sell their properties fast. His philosophy was, “Learn as you go.”

From his first deal to today, Mark Skowron has proven that wholesaling properties is not only the best way to learn the fundamentals of real estate investing, but also an awesome way to build a huge business. Mark and his team close 5 to 15 deals a month, which amounts to anywhere from $25,000 to $75,000 in revenue per month. He’s learned how to leverage an active buyer’s list and a competent team to buy and sell properties quickly for a profit.

An unusual wholesaling strategy: working WITH the competition

Property wholesaling can be a very competitive niche, but Mark Skowron has discovered that there’s a very powerful benefit to actually partnering with the competition. He’s built relationships with other wholesalers in his area to co-wholesale properties. The reason this works so well is that Mark has focused intensely on building an active, legitimate “buyer’s list” and he is usually able to find someone to purchase properties when other wholesalers can’t. So, he’s made himself available to partner with other wholesalers to offload their properties to his buyer’s list and get a cut of the profit from the deal for himself at the same time.

Add some fix n flips to the wholesaling business for a well-rounded strategy

There’s all kinds of buzz these days about “fix n flips” and Mark’s been working on rehab deals himself for almost 6 months now. Mark see’s a lot of deals as a wholesaler and is able to cherry pick the best deals for his own flips. Mark has discovered how to hire managers and contractors who work on all his projects so that he can stay focused on finding properties and building relationships with buyers.

Turnkey investments to augment the wholesale business

In addition to all that, Mark’s gotten into “turn-key” investment sales lately (selling properties that already have renters in them) and is seeing great success there as well. You’ll learn a lot in this episode, so plug in your headphones and hit “play.” This is time well spent. All that on this episode of the InvestFourMore Podcast.

For Mark’s wholesale deals: https://www.FocusOnBuyers.com