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Who Pays Closing Costs In A WHOLESALE DEAL?

Who Pays Closing Costs In A WHOLESALE DEAL?

From Data to Deals
Question: “Who pays closing costs in a Wholesale deal?” It is completely optional. I had a friend call me the other day… he is buying a house and said, “Hey, I found this fee, is this normally real”. And I was like, “yeah there could be a fee for everything, this is America.” You could charge a fee just for listening to me, it’s called consultation. We charge a fee for anything and it’s absolutely legal to do that. Just keep that in the back of your mind that there could be a fee for everything. Closing Cost may come in all kinds of shapes and form when you are dealing with investment deals, they are usually cheaper … but when you are dealing with a house that somebody’s gonna…
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Can You Make Money WHOLESALING HOUSES?

Can You Make Money WHOLESALING HOUSES?

From Data to Deals
Question: “Can you make money Wholesaling Houses?” Let’s clear out a couple of things. More and more people are coming into the game and they will never make a dime. Why?... because of everything I just said, more and more people are coming into the game. When you have a lot of people coming and trying to play the same game, the majority of people may not make money. That’s just the way life works however, there is a part when you get into the game that there’s zero competition. If you just take that extra mile, there is zero competition. So let me just share a couple of those things with you. Marketing. The skills of marketing. Majority of people that are coming into the wholesaler game will not…
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Should I Buy a House From a WHOLESALER?

Should I Buy a House From a WHOLESALER?

From Data to Deals
Question: “Should I buy a house from a Wholesaler?” Maybe this question is not for you, maybe this question is for someone else who you may end up selling to later. Should I buy a house from a Wholesaler? Maybe you are an investor and you are looking to know if you should buy a house from a wholesaler. The real question that I will use to answer that, is… Why not? Now, there are quite a few “why nots”. Why shouldn't you buy a house from a wholesaler? But the first one is this: If there’s a daisy chain going on… what is a daisy chain? So this person locked up a property under contract and then they have a co-wholesaler, and then another co-wholesaler. Basically you looked through…
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How Do REAL ESTATE WHOLESALERS Get Paid?

How Do REAL ESTATE WHOLESALERS Get Paid?

From Data to Deals
Question: How do Real Estate Wholesalers get paid? I don’t like the phrase “Real Estate Wholesalers” But it’s real. I personally don’t like using it but it’s much more important for you to understand why I don’t like using it rather than being religious about that.  The reason why I don’t like using it is because everyone, their Moms and their Pops are wholesalers right now… Even if they’ve never closed a deal before in their life. And you wanna make sure you separate yourself from that crowd. Wholesalers are hustlers. I don’t teach people to be hustlers. Don’t get stuck with that terminology.  If you’re a hustler in most contexts, you’re not thinking strategies. You are not thinking... “this is a profession” and “I need to serve people”.  All…
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How Can I Legally WHOLESALE REAL ESTATE? 📍 From DATA to DEALS

How Can I Legally WHOLESALE REAL ESTATE? 📍 From DATA to DEALS

From Data to Deals
Question: “How can I legally wholesale real estate?” Before we talk about Real Estate Wholesale, what is Wholesale? Wholesale is a type of trade when goods and services exchange hands you basically have a trade in exchange for money so in this case it just happens to be real estate. So how could it possibly be illegal? That’s one thing but there’s also regulations. So anytime a business is very lucrative, you know… a whole house. If you are following my lead, you know that we don’t deal with houses any less than $100,000 worth. Trending: Virtual Wholesaling Step-by-Step in 2020 - myEmpirePRO We don’t market to them, we can deal but we don’t spend our money marketing to houses that are worth less than $100,000 …or neighborhoods that have…
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How to Flip Houses for Beginners with No Money📍

How to Flip Houses for Beginners with No Money📍

Flipping Houses
As more and more people look into the idea of taking control of their finances and future, more discover the art and science of flipping houses. Here are some of the things we will cover: What is House FlippingWhy House Flipping is One of the 3 Recession Proof Businesses EverFlipping Houses with Bad Credit & No MoneyFinding & Identifying Deals: The 70% RuleWhen is a Good Time to Flip HousesFlipping Houses as a Side Hustle2 Ways to Flip HousesHow a Beginner Can Get Started Immediately for Less than $3.50 Per Day I am about to reveal the step by step processes involved; You will discover how to flip houses ...even if you have bad credit and no huge capital typically needed in traditional real estate investments. Money has always been…
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How to Calculate After Repair Value 📍

How to Calculate After Repair Value 📍

Real Estate Wholesaling
To calculate the after repair value of a property, Simply find the average sales price per square footage of sold properties in the last one year within one mile radius of the subject property ...and multiply by its square footage. Shall we break that down? Have you ever wanted to have a detailed understanding of how to calculate the after repair value of a property? Or should I ask... Are you even clear on what the after repair value is... ...what is after repair value or the ARV for short? In this guide, I will break it down into its pieces and put it back together for you. That way... You too can claim full understanding of it when you meet another wholesaler or investor throwing the word around. In…
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3 Stages to Conquer Before Wholesale Real Estate Deals📍

3 Stages to Conquer Before Wholesale Real Estate Deals📍

Wholesale Real Estate
Way too many people are chasing after wholesale real estate deals without a proper understanding of what leads to one. I get it… After all, you are "one deal away" right? Nah…. At least, you need to know about these 3 stages that you must pass through in order to get to closing wholesale real estate deals at scale. Of course , you can get lucky without these stages but luck and hope can only happen so many times. STAGE 1 - Data Collecting and analyzing data is a very important part of any business in the digital era. It allows you to add predictability to your business especially when you collect the data in bulk. Property addresses and owners are all data on a public record that you have…
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3 Functions of a Real Estate Wholesale Website📍

3 Functions of a Real Estate Wholesale Website📍

Real Estate Wholesale
A lot of people waste time on building the real estate wholesale website, Designing logos, Researching the best legal structure for a non-existing business. My goal in this lesson is to focus on the 3 functionalities needed for your real estate wholesale website So that you can avoid wasting unnecessary time on fancy stuff. Most website features are not useful…. This is the web hosting platform that I recommend (less than $5/month). (1) Brand and Credibility So even if you are not focusing on online traffic and lead generation for your real estate wholesale business, Your leads will most likely try to check you out online to make sure you are legit. And just a little presence online with a single profile web page with a professional picture is all…
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5 Reasons to Find Real Estate Wholesalers for Your Team📍

5 Reasons to Find Real Estate Wholesalers for Your Team📍

Real Estate Wholesale
There are lots of people who struggle for not understanding leverage; one of which is to find real estate wholesalers to join your network. At the end of the day, we all start with limited resources but when you understand this lesson below, you are simply switching to the UNLIMITED. So I want to give you 3 reason why a part of your resources, time, money and/or energy must be allocated towards finding other real estate wholesalers to add to your network. (1) Accountability Partners This is business can be hard when you don't have others around you pursuing the same goals. And this is especially true if you are just getting started; there are blind spots everywhere and many times, all you need is the perspective of an accountability…
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