A wholesale transaction involves purchasing properties at a discount and selling them to investors at a profit, typically without making significant renovations.
Fix and flip projects involve purchasing distressed properties, renovating them to increase their value, and selling them for a profit.
Short-term rentals are rental properties that are leased for a short period, typically less than 30 days, often through platforms like Airbnb or VRBO.
You can get involved in wholesale transactions by networking with motivated sellers and investors, conducting market research, and negotiating favorable deals.
When selecting fix and flip properties, consider factors such as location, market demand, renovation costs, and potential resale value.
