Wholesaling Houses Starts Like This… myEmpirePRO LIVE PROSPECTING S1E1

Wholesaling Houses Starts Like This… myEmpirePRO LIVE PROSPECTING S1E1

Wholesaling Houses
On this series, I am going to go live and do live prospecting as the gateway to wholesaling houses. Wholesaling houses is basically putting houses under contracts at 65% of its after repair value minus estimated cost of repair and selling the rights to the equitable interest in the property at 75% of its after repair value minus estimated cost of repair. The spread between the 65% and 75% of the after repair value becomes your fee as a marketer and for securing these types of deals for real estate investors. It's your responsibility to use comparable (comps) to determine the after repair value of the property and to estimate the cost of repair. Why would anyone want to sell you this properties at 65% and lower? 1. The property…
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Wholesaling Houses – “When do I get the Money?”

Wholesaling Houses – “When do I get the Money?”

Wholesaling Houses
When wholesaling houses, imagine encountering a seller who asks you, "when do I get the money?" A typical homeowner should know that no one gets paid until closing so that makes the question very unrealistic to me. But anything is possible. I want to take this opportunity to address the ultimate source of this question. It's lack of confidence on your part as a professional in wholesaling houses. The quality of the questions and objections you encounter or lack thereof is a product of how you show up. The first thing and possibly the only thing you really should worry about is coming from a stand point of a problem solver. That means if you are not solving a problem, you should politely excuse yourself from the situation as you…
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Wholesaling Houses – How Do You Find Distressed Deals

Wholesaling Houses – How Do You Find Distressed Deals

Wholesaling Houses
Discover top 3% wholesaling houses and finding distressed properties secrets in this episode. You've heard that wholesaling houses requires your to find distressed deals but you don't know how. In this video, we touch some details on this. How does wholesaling houses work? Wholesaling houses is the process of putting a real estate property under contract for purchase and then turning around to sell the equity interest for a profit. It's often done with no requirement of capital, downpayment or even credit as the goal is not for you to purchase the profit for long term holding. What you are doing is essentially finding good under-priced deals for real estate investors who wants to fix it up and sell back to the market for profit. You make your money from…
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Wholesaling Houses – The Marathon B.S; Wholesaling VS Rental Income

Wholesaling Houses – The Marathon B.S; Wholesaling VS Rental Income

Wholesaling Houses
Should you be wholesaling houses for short term gains or buying to hold rental properties? A little tricky but watch. I know what you are thinking again. "Ola, but this is not sprint, this is a marathon." Let me explain to you. If your goal is not to create momentum and speed in the name of just long term play, you have no business being an entrepreneur in any capacity. When you don't set goals and expect expectations with respect to productivity, you will end up running a charity business from the discomfort of your own home. Do not deceive yourself with that long-term residual stuff. It's completely out of context when it comes to being an entrepreneur. Fast start bonus earnings and engaging in challenges creates momentum and a…
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Wholesaling Houses – Why Pitching is Killing Your Next Deal.

Wholesaling Houses – Why Pitching is Killing Your Next Deal.

Wholesaling Houses
In this edition, you are going to discover one of the top 3% secret to wholesaling houses with pitching while prospecting sellers. When you pitch a deal in this context, you are essentially hunting and that's a deal killer in wholesaling houses. You are shooting a gun which means by the time you end up catching whatever you are prospecting, they are DEAD. Let me share with you the difference between fishing and hunting? By the time, you get to your prospect, their spirit and soul are dead because you essentially shot them dead. When you start spilling your offer, the details and facts over your prospect non-stop, without find out and relating it to what they want already, that is a form of premature ejaculation. This is how to…
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