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Why Lis Pendens Creates the Best Motivated Seller Leads 📍

Why Lis Pendens Creates the Best Motivated Seller Leads 📍

Motivated Seller Leads
In this lesson, we will discuss the reason why lis pendens create a great opportunity to tap into an endless pull of motivated sellers for your wholesaling business. Before we go too far, what is lis pendens in real estate? Lis Pendens simply means a pending lawsuit and in this case, we are talking about foreclosure lawsuits. My name is OLA and I am the author of 2 books: Smart Real Estate Wholesaling and… Real Estate Money Secrets Which you can download absolutely for free at: www.SmartRealEstateWholesaling.com I am also the creator of myEmpirePRO and the 11 days challenge quick start guide which you can access at: www.11DaysChallenge.com When a property owner stops mortgage payment on a house, one of the few options left for the mortgage lender is to…
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5 Best Motivated Seller Leads Lists For Wholesaling 📍

5 Best Motivated Seller Leads Lists For Wholesaling 📍

Motivated Seller Leads
In this lesson, I want to share my personal top 5 best list of potential motivated sellers for wholesaling. East Orange, New Jersey. It was my first home buyer’s seminar that I went to after a friend told me about it. Before I knew it, I had wasted an afternoon looking at properties that would never be prospects for investing. Luckily enough for me, I stumbled into the Garden State Real Estate Investing Association which was held at the Sheratons in Woodbridge New Jersey. A guy by the name of Rich was presenting and I ended up paying $300 for his course where I learned about targeting a motivated seller list. Ever since then, with 15 years of experience, I have come up with a personal top 5 list to…
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📍 Wholesaling Vs Real Estate Agents [5 “Must Know” Things]

📍 Wholesaling Vs Real Estate Agents [5 “Must Know” Things]

wholesaling real estate
Why does it have to be wholesaling vs real estate agents?  And what if there is a way to legally create a profitable partnership from a relationship? Back in earlier to mid 2005 when I started to go very hard on my wholesaling business, I came across a mentor. At the time, he had an agent lady who he used to pull comps and get marketing information. To pull comps means to download the data and information of comparable properties for the purpose of determining the after repair and/or market value of a subject property. So at the time, I quickly decided to go through the required 75 hours and get licensed as a real estate agent. Today, we have free tools such as: www.DealEstimator.com To replace that but the…
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📍 Small Town vs Virtual Wholesale Real Estate

📍 Small Town vs Virtual Wholesale Real Estate

Virtual Wholesaling
You are about to discover 5 reasons to avoid small town targeting and focus your resource and energy on virtual wholesale real estate. Back in 2006, I discovered virtual wholesale through the school of hard knocks and you don’t have to go through the same pain I went through. In fact, in my next video I share with you how I got kicked out of Plainfield New Jersey to decide that and how it helped me create $3 million. I was forced to look at my data (a.k.a results) and pivot accordingly. It wasn’t the easiest decision because everywhere I turned, the gurus were advising newbies to stay focused in your local town. So here goes the 5 reasons to avoid small town wholesaling like a plague. My name is…
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📍 5 Tips For Wholesaling REO Properties

📍 5 Tips For Wholesaling REO Properties

wholesaling real estate
I have 5 tips for you when it comes to wholesaling REO properties.  REO stands for real estate owned by the bank just in case you are wondering.  Some also call it bank-owned properties.  Is this even possible these days or its a thing of the past when no one was paying attention? 2004… Right about the time that I was in my master's program in Engineering management, I started attracting lots of ideas on how I could change the world. I ended up at quite a few seminars, one of them being a 1st time home buyers seminar at East Orange New Jersey. Of course like everyone else, I thought I was going to become the next millionaire on the block by becoming a landlord. So the first house…
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📍 Pre-Foreclosure Scripts – 5 Questions + 1 POWER Question

📍 Pre-Foreclosure Scripts – 5 Questions + 1 POWER Question

Pre-Foreclosure
In this lesson, you will discover the ultimate pre-foreclosure scripts; the 5 main quality questions I want you to focus on asking when prospecting pre-foreclosures. Also, we will cover a power-magical question that other gurus enjoy using but tend not to share with you. Newark New Jersey 2006; I became one of the highly sought after persons by people on the brinks of foreclosures. Why? I promise it was all by mistake. But boy... did I discover a secret. Traditionally in most businesses, we’ve been thought to be aggressive in the spirit of being proactive. We were told to make a list, call and harass anyone that makes it to the list about our new business venture. Fast forward to 2006; I discovered attraction marketing and approached finding foreclosure deals…
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📍 5 Proven Ways To Buy a Foreclosure House

📍 5 Proven Ways To Buy a Foreclosure House

Wholesale Real Estate
In this lesson, you will discover 5 proven ways to buy a foreclosure house in order to create instant equity in real estate. When I first fell in love with real estate in 2004, I thought I was going to become a millionaire being a landlord. I made the whole plan in my mind on how I was going to simply use other people’s money through the bank to buy and rent. After digging a little deeper (thank goodness), I discovered foreclosure and 5 ways I could buy the same houses without paying full price. I discovered foreclosure, pre-foreclosure, everything in between and after. My name is OLA and I am the author of the 2 books  Smart Real Estate Wholesaling… And  Real Estate Money Secrets… ...which you can download…
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5 Fees of the Closing Cost in Real Estate Explained

5 Fees of the Closing Cost in Real Estate Explained

Wholesale Real Estate
In this lesson, I’m going to take a few minutes to explain the 5 closing fees and cost categories that you should look out for in your deals. Capital money for wholesaling is not required from you personally but both the buyer and the seller will be required to pay some fees. If you are wholesaling, you are neither the seller nor the end buyer. It will be completely unnecessary to overwhelm you with the minuscule details of a real estate closing statement. That’s the job of a closing agent. But you should have some idea of the different types of fees so I am going to break it down to fifth grade level for you. If you are wholesaling, flipping or representing the interests of a buyer or seller…
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[2023 Update] Virtual Wholesaling Out-of-Town Real Estate Deals

[2023 Update] Virtual Wholesaling Out-of-Town Real Estate Deals

Real Estate Wholesaling
In this lesson, I will be sharing the newest updates about virtually wholesaling real estate of any location from any location. All you need is a laptop with a decent internet connection; that’s it! Virtual wholesaling became very popular since 2017; although it has existed long before that as Smart Real Estate Wholesaling. What is Smart Real Estate Wholesaling? It's a concept and a whole 200+ pages book that I wrote in 2018. It outlines the direction that wholesaling in real estate was going and everything I covered in that book is still true till today. Before I dive in with this story, here are some quick refreshers to bring you up to speed. What is Wholesaling in Real Estate? It is the art and science of... Finding deeply discounted…
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How to Wholesale Real Estate

How to Wholesale Real Estate

Wholesale Real Estate
How to Wholesale Real Estate If you're looking to make some quick cash in the real estate market, wholesale real estate may be just what you're looking for. Wholesaling is a type of real estate investing where you find deeply discounted properties and then sell them to another investor for a profit. It can be a great way to get started in a business with little capital and no experience. To be a successful wholesale real estate investor, you need to understand the market, know how to find good deals, and have a solid marketing strategy. You also need to build a network of buyers who are interested in purchasing properties. The first step to wholesaling real estate is finding good deals. You can find these by looking for properties…
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