Pros and Cons of Wholesaling Real Estate
Reading Time: 6 minutes Real estate wholesaling is a widespread practice that allows anyone to potentially earn large commissions without a license or risking any of their own money.
Richard received his first taste of real estate investing after being outbid by an elderly lady for a quaint, semi-detached house in Harfield village in 2013. Despite this initial setback, a fortuitous exchange with a real estate agent led to the discovery of a ground up construction project within a mile of the house that was surrendered to the granny with deep pockets.
Using every capital source available at the time, he and his wife found a way to make the deposit and make vital upgrades to the building plans that would ultimately increase the after repair value of the home.
Since then, he has entered into several other ground up construction projects, focusing primarily on boutique security developments that have a demonstrable ability to increase in value over time. He is also an active landlord, with intentions of growing his rental portfolio over time.
At New Silver Lending, Richard is currently the Performance Marketing Manager, leveraging his knowledge of real estate investing and digital marketing to help grow the platform. He specializes in researching topics that appeal to real estate investors and discovering content clusters that are integrally connected to the property investors that use newsilver.com. He also drives the development of real estate tools and calculators that provide detailed results in a user-friendly format.
Richard received his bachelor’s degree in Media & Cultural Studies from the University of Birmingham in 2009. He also completed a postgraduate diploma in Sports Marketing & Management from the University of Cape Town in 2010.
Performance Marketing Manager
Reading Time: 6 minutes Real estate wholesaling is a widespread practice that allows anyone to potentially earn large commissions without a license or risking any of their own money.
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Reading Time: 5 minutes Wholesaling is a great way to learn the basics of real estate investing without taking on as much risk as purchasing a property to rehab
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New Silver has upgraded the process of borrowing money to fund real estate deals. If you need quick access to capital from a trusted source, New Silver is the perfect partner for your project.