Do You NEED A LLC To Wholesale Real Estate?

Question: “Do You Need A LLC To Wholesale Real Estate?” No, of course not. Of course you don't need a LLC to wholesale real estate. You don't need LLC to buy candy or to sell candy, you don't need LLC to trade. It's just advisable at some point. Once you start doing deals that you have the proper corporate structure based on your state and in your particular peculiar situation, …to make sure you have those things in place so that you're protected from unnecessary liabilities, that's all it's for. LLC has never been a requirement to wholesale deals. It has been only useful for you to protect yourself from liabilities when it comes down to just running the business. Nothing particular about wholesale just running a business in general.…

Is It True That PROBATE PROPERTIES Must Sell For 90% Or More Of The Market Value?

From Data to Deals

Is it true that probate properties must sell for 90 percent or more of the market value? This is a loaded question. First of all, what is probate? Probates are basically properties that are owned by an estate, but there was no will. It’s when somebody died; they owned the property when they were alive, but when they died, there was no will. So they had to go through a court proceeding or some sort till today, after 50 years. I don’t understand exactly how that goes down. You know why? Because I don’t bother myself with legal stuff. That’s not what I do. There are two things I could potentially be when it comes to this game: either I’m a marketer or I’m an investor. And nothing else; I’m…

What is MICRO FLIPPING in Real Estate?

From Data to Deals

Question: “What is MICRO FLIPPING in Real Estate?” Micro Flipping in Real Estate is a term that I coined. ...but there’s a good chance that there’s these other kids that coined it and they created a product around it. They are called connected investors, you know they are out there. But I remember that, a while back like a few years ago, I think around 2016 or so, ...I created a video just of the term “Micro Flipping Real Estate”. I thought it was Real Estate that’s all because about 11 years ago (2009), I learned the concept called “Attraction Marketing”. It’s something that I have applied in my business, it’s basically a leverage point. A really really sleek leverage point that allows you to produce more, with less resources.…

Where To GET MONEY For Flipping Houses?

Flipping Houses, From Data to Deals

You just stumbled into the idea of flipping houses. Maybe because of the pandemic, you're looking for other ways to make money and bring in income to your family. House flipping is definitely a good strategy to bring in income into your family. Now there are 2 different types of house flipping. Individuals searching for wholesale deals to assign to investors that will actually do the work.Investors that will actually acquire property, meaning they will actually buy the property, fix up the property and then list it back on the market with a licensed agent for profit. So either one of those two are valid ways of making money or valid methods of real estate investing. There are, probably about another, seven types of real estate investing that you will…

3 Secrets to know About TAXES PAID When Flipping Houses

Flipping Houses, From Data to Deals

In this lesson, you will discover 3 tips you need to know about taxes paid when flipping houses. The first thing I want to tell you is that I am not an accountant or a CPA. So as soon as you start making money, ...make sure you talk to a certified CPA and take advantage of the tax laws in your state. Whatever part of the world you're in, there are certain laws that you can leverage and take advantage of if you know or get with a CPA that knows. With that being said, I want to share 3 tips with you. 1, Capital Gain Taxes PREVIOUS POST: How To GET STARTED In Real Estate Flipping When I make money in flipping houses, it's considered capital gain. “Capital gains…

How To Get Started In Real Estate Flipping

From Data to Deals, Real Estate Flipping

Would you like to learn how to get started in real estate flipping? Well, it starts with a strong desire because your faith will be tested. It's business and entrepreneurship like any other day so sometimes, things will seem like it's not going the right way or in the right direction. When that happens, are you gonna quit or are you very quick to say… “This doesn't work” or You will find your way to Google… When you discover new terminologies, do you say “… hey, there's something I just came across, let me google it”. If the latter is you, you will find out more information, learn more, continue to practice and then you become better and an expert. So you start with the desire. PREVIOUS POST: How Much…

How Much Money Do You Need To Wholesale Real Estate?

From Data to Deals, Wholesale Real Estate

This is kind of similar to saying, “How much money do you need to flip houses” Well, you need a job. You need to keep your job if you're trying to wholesale real estate... at least until your income is absolutely replaced. The mistake that I see a lot of people make is, they quit their job thinking that they're gonna get rich tomorrow. It is very highly likely you will never get rich. I'm just being honest with you. You know why? Because it depends on you. I don't know where you're coming from, I don't know your work ethics and I don't know what you bring to the table. Now, with that being said, when you have a coach it’s a little bit easier as you can imagine…

Should I Wholesale Real Estate?

From Data to Deals, Wholesale Real Estate

This is a frequently asked question and the answer is yes; here is why you too should learn how to wholesale real estate. If you're asking this question, you've encountered the idea or… The business model of wholesale real estate, which is basically… Finding deeply discounted properties,Locking the properties up under contract, and thenSelling the equitable rights in the contract …in exchange for a lucrative wholesale real estate fees; Why do you get paid? Because you help people who are too busy investing and fixing up properties find deals. You get paid very handsomely for simply setting up systems to finding such deals for real estate investors. The highest I've gotten paid for doing exactly what I just told you without involving my personal finances or credit is $82,000 from…

How To GET RICH Flipping Houses

Flipping Houses, From Data to Deals

The way you get rich flipping houses is to build a lead pipeline. This is something I covered extensively in the book. In this book, I covered quite a bit of stuff but the book surrounds the idea of the 3 Core Pillar. Value. Automation.People. Money doesn't come from properties, it comes from people. Yes, we're in the real estate business. But if you can't get a hold of the people that control the real estate property, you're wasting time. If you have a list of property addresses, that's not leads; that's just data. If you drive around town writing down property addresses, the only thing you're doing is called data collection, …which, yes, Chapter 3 of this book is all about data collection. But there are faster, easier and…

How Much I Make Flipping Houses?

Flipping Houses, From Data to Deals

I have my full blown story, starting from 2004 December, there is a video that I'm going to suggest that you watch. All you wanna do is simply google “Wholesaling 101 Ola”. Let me actually see if that works. I need to make sure that works before I send you to go do that. But it should work… Yes, that brings up… Actually, that brings up way too many videos. No, actually, it brings it up. There you go, so it brings it up. It should bring it up at position number 1 on Google results. It's called “Free Wholesaling 101 course”. If you wanna know my full story, I talked about… One of the videos in the modules is actually how I made $82,000 from one deal that happened…

Category: From Data to Deals

Do You NEED A LLC To Wholesale Real Estate?

Is It True That PROBATE PROPERTIES Must Sell For 90% Or More Of The Market Value?

What is MICRO FLIPPING in Real Estate?

Where To GET MONEY For Flipping Houses?

3 Secrets to know About TAXES PAID When Flipping Houses

How To Get Started In Real Estate Flipping

How Much Money Do You Need To Wholesale Real Estate?

Should I Wholesale Real Estate?

How To GET RICH Flipping Houses

How Much I Make Flipping Houses?

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