How to Find Cash Buyers for Real Estate Wholesaling

How to Find Cash Buyers for Real Estate Wholesaling

Real Estate, Real Estate Marketing, Real Estate Wholesaling
QUESTION - "So I bought a coaching program that cost me around $40,000. I learned a lot about real estate investing; wholesaling to be precise. A big part of the model from what I learned is having a list of ready to go "cash buyers." In fact, many of the fellow students who took the program were wanna be cash buyers, prequalified by hard money lenders. They were added to a group where we can post deals for them to pick up. Well, it's being 6 months. I've posted lots of potential deals but nothing has happened. I'm starting to think may be it's time for me to build my own list of cash buyers. Can you share ways that I can build a quality list of cash buyers?" ABOUT…
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When my Seller is already working with an Agent – Real Estate Wholesaling

When my Seller is already working with an Agent – Real Estate Wholesaling

Real Estate, Real Estate Marketing, Real Estate Wholesaling
QUESTION - "what if I find a motivated seller and they already working with a real estate agent what should I do ??" Click this link to make a donation to support my work: http://olatux.com/donate If they are already working with a real estate agent and still find the need to respond to wholesaling marketing message, it means there is a pain. Where there is a pain, there is opportunity. That's the first thing you need to realize. It means something is there to explore and create solutions for all parties involved. With an agent in the picture, you need to first check if there is a valid listing contract. If there is none, tell the property to owner to have any MLS listings removed. If there is a valid…
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Did you know that the Best Real Estate Wholesaling Software is Actually Free?

Did you know that the Best Real Estate Wholesaling Software is Actually Free?

Real Estate, Real Estate Marketing, Real Estate Wholesaling
In this edition, I dive into a little bit on software that can make impact on your productivity in real estate wholesaling. Everyone is releasing all kind of software left and right. Click this link to make a donation to support my work: ►►► http://olatux.com/donate Most of the released real estate wholesaling software can be replaced with a simple spreadsheet from Microsoft Excel or Google sheets. Bottom line is that no amount of software is going to replace the basic understanding of the leverage that these 2 software tools will provide your business. The best part is that they are free to get started with. 2 forces will drive your real estate estate wholesaling business: 1. Traffic & Leads generation 2. List building Therefore the software I recommend for you…
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What is Wholesale Real Estate Investing? [Q&A]

What is Wholesale Real Estate Investing? [Q&A]

Real Estate, Real Estate Wholesaling
In this edition, we will talk about wholesale real estate investing in a little more details. I've noticed a few discrepancies with regards to what it actually means and confusion with speculative investing. To tackle this, I answer a question that came in recently. Click this link to make a donation to support my work: http://olatux.com/donate QUESTION - "Hey, I was looking to get into wholesaling real estate investing. But last Saturday, I met a guy called Manny who suggested that I look into Jersey City heights. He said whatever money I put in will triple in 5 - 6 years. What's your opinion on this? I'll appreciate it. Thanks." This suggestion is completely speculative. Also, it's misrepresentative of what wholesale real estate investing is all about. Let me clear…
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Wholesale Real Estate Truth – Why Bird Dogging Real Estate Doesn’t Work

Wholesale Real Estate Truth – Why Bird Dogging Real Estate Doesn’t Work

Real Estate, Real Estate Wholesaling
I have two questions from viewers; 1) Do you have to get the house under contract as a Bird Dog? 2) How do you protect yourself so that you DO get paid for Bird dogging to investors i.e. contracts https://youtu.be/NgzU7LlNIMs Click this link to make a donation to support my work:   ►►► http://olatux.com/donate Oh my... these are fantastic questions. The other day, I was watching one of the videos from reiclub emphasizing that bird dogs do not get paid till closing. Fair enough. But he also simply defined bird dogging as finding the deals and not necessary putting the property under contract. We are in a real worlds. While most people are good people, most people can also be greedy. People do steal. So here is the confusion. If…
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How to Wholesale Houses | Old School Wholesaling is DEAD!

How to Wholesale Houses | Old School Wholesaling is DEAD!

Real Estate, Real Estate Wholesaling
On this post, we'll talking about how to whole houses with no money.  I received a question about this topic and I want to answers it.  Here is the question? "How do you get it under contract with out buying the house don't I need money to get it under contract?" First of, let's review What is a wholesale house?  It's a house available to be acquired at less than it's fair market value.  The idea of "fair" goes out the window when  there is distress.  Fair would be to get rid of the distress at any cost. To wholesale a house means to secure an equitable interest in the house at a price lower than the after repair value of the house minus the cost of repair. It's a…
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Real Estate Wholesaling – How Does it Work and How to Make Money with it

Real Estate Wholesaling – How Does it Work and How to Make Money with it

Real Estate, Real Estate Wholesaling
Questions: In real estate wholesaling, what happens if you don't find a cash buyer within the time the contract is up, or if you don't find a buyer at all? This is a good question that most hoodoos would avoid of course.  But it's a valid questions that will become a challenge in wholesaling real estate for beginners. Before I answer the questions, I probably should summarize wholesaling real estate step by step into a quick one sentence.  First of, the main purpose is to make money. How does real estate wholesaling work?  It's all about buying real estate low and selling high for profit. These profit can range from $2,000 to $150,000.  My highest to date is $82,000 profit from one deal. As a wholesaler, your job is to…
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What is Wholesale Real Estate AND The [3 STEPS] Success Formula?

What is Wholesale Real Estate AND The [3 STEPS] Success Formula?

Real Estate, Real Estate Wholesaling
I want to break down Wholesale Real Estate business for you in 3 steps.  By the time you finish watching this video, you won't have to wait to close a deal to create cash flow. What is wholesale real estate?  Details Explained in Video It's a business model, a sector of real estate investing, that allows you to secure equitable interest in real properties at a discount typically at 65% of the market value or lower, then turn around and sell it to others for a profit.  That's a quick wholesaling real estate 101 for ya. There are tons of wholesale real estate books, websites and seminars out there and that has posed to become a challenge like anything in life.  It's not saturated if you are a master of…
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How much money do I need to buy a house in NJ (New Jersey)

How much money do I need to buy a house in NJ (New Jersey)

Real Estate
REAL ESTATE QUESTION OF THE WEEK HERE "Hey OLA.  I see conflicting info all over the place. I am seriously thinking about buying a home.  But I can't seem to find straight forward information on exactly how much I need to make it happen. Can you shed some light on this?  I don't want to get into this unless I know exactly what I am getting into in $$$ Thanks for your videos." How much money do I need to buy a house in NJ (New Jersey) - Debt Service Coverage Ratio - Downpayment - Closing Cost - Seller's Concession FREE REAL ESTATE CONSULTING ??? http://OLATux.com/realestate ABOUT YOUR HOST  ::::| Ola "Tux" Abitogun is the Creator of myEmpirePRO.  He became a FULL TIME entrepreneur in October 2006. He is a…
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How do you buy a foreclosed home in new jersey

How do you buy a foreclosed home in new jersey

Real Estate
"Hello OLA, I graduated from college about 8 and half years ago and I bought my first home within 2 years.  Not too long after that, I lost the home into foreclosure due to my carelessness. I've since worked on my finances and I am ready to buy a home the right way.  Hopefully you can help me.   Through my studies and research, especially with my experience in being a victim in a foreclosure, I am thinking that buying a foreclosed home for cheap won't be a bad idea. What do you think?  What are the up and downsides to buying a foreclosed home in new jersey and how do I go about it. Thanks much." - Sheriff Auction - Shortsales - REO ABOUT YOUR HOST  ::::| Ola "Tux"…
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