Wholesaling houses is a real estate investment strategy that involves the acquisition and subsequent resale of properties without making significant renovations or improvements. Instead of purchasing a property with the intention of holding and developing it, a wholesaler identifies distressed or undervalued properties and enters into a contract to purchase them at a lower price. The wholesaler then assigns or sells the rights to that contract to another buyer, typically an investor or a real estate developer, at a higher price, thereby making a profit. Wholesalers often look for distressed or undermarketed properties that have the potential for improvement. These may include properties facing foreclosure, in need of significant repairs, or those with motivated sellers. Once a potential property is identified, the wholesaler negotiates a purchase agreement with the property owner. It's crucial for the wholesaler to secure a favorable purchase price to leave room for profit when selling the contract.