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How Do I Get A WHOLESALE CONTRACT?

How Do I Get A WHOLESALE CONTRACT?

From Data to Deals
Question: “How Do I Get A WHOLESALE CONTRACT?” All you have to do is Google that, there’s all kinds of options that come up but if you're going through our program here, …we do give you a copy when you get to that stage. Remember what I just told you about solving problems that don't exist, Like don't try to solve problem number four until you learn how to collect the right type of data. Generate contact, meaning somebody actually contacted you or you contacted a person and you know how to do that over and over consistently. Because there are 2 secrets in this game: (1) Simplicity and (2) Consistency. Keep it simple and be consistent, but keep it simple with what? If you're keeping it simple with things…
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Do I NEED Money To WHOLESALE?

Do I NEED Money To WHOLESALE?

From Data to Deals
Question: “Do I Need Money To Wholesale?” I think it's very important that we understand what wholesale is first. Wholesale is a real estate investing strategy. Wholesale traditionally is a type of trade. In trading you have wholesale and you have retail. Retail is essentially when you go to a regular market and you pay full price, the retail price of some kind of product. In real estate it’s the same thing. You go to an agent. Most of the houses that are listed on the MLS or Multiple Distance System with an agent, …most of those properties are listed at the retail price. But here's the problem with that, as an investor, if you're trying to invest in real estate, …there's nothing wrong with paying full price but you're…
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How Do You Bid On A FORECLOSURE AUCTION?

How Do You Bid On A FORECLOSURE AUCTION?

From Data to Deals
Question: “How Do You Bid On A FORECLOSURE AUCTION?” This is an interesting question. I'm gonna answer this question because I have the overall experience in real estate investing. How do you bid? The bid foreclosure is essentially when the lien order is about to take away a piece of property, …when you don't pay the payment that you promised in the contract of some shorts and some kind of promissory notes, you default on it, You haven't paid, an example of a promissory note is a Mortgage. Any kind of agreement for payments and you stopped paying, and then they can slap a lien on your property, …then they can attempt to legally foreclose on your property, which means to take away the property from you. After they take…
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What LICENSES Do You Need To Flip Houses?

What LICENSES Do You Need To Flip Houses?

From Data to Deals
Question: “What LICENSES Do You Need To Flip Houses?” All right, so licenses to flip houses? I don't know. You know, I get that question a lot. That's why you see me doing that but it's a legitimate question. It depends on where you are in the business. Maybe it sounds dumb for some, but it's not a dumb question, it’s actually legitimate question. What is Flipping Houses? It means you buy a house for lower, and you sell it for higher. Sometimes we do that using strategy, creative structuring, like wholesaling, …like subject tools and stuff like that but it's still buying and selling houses technically. All of that is flipped houses. In recent times they try to separate it, Flip houses means you actually do the work. But…
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How Do You FIND INVESTORS?

How Do You FIND INVESTORS?

From Data to Deals
Question: “How Do You FIND INVESTORS?” Somebody was watching one of the bird-dog videos that I have out there on the channel. So what is bird-dogging? Bird-dogging is basically a dog that goes out to fetch birds, something like that. And the idea of that is, it’s some kind of a term that's used to describe people that just go out there to find deals. So all you do is you just drive around town, you find an over weeded house, a house that looks like it needs some work, …and basically it needs some work and all you do is write down the address and send it to “an investor” who would want to buy the house. That's the idea, but It's a terrible idea in 2020 and beyond.…
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Can I Call A FORECLOSURE ATTORNEY For Info On A Property?

Can I Call A FORECLOSURE ATTORNEY For Info On A Property?

From Data to Deals
Question: “Can I Call A FORECLOSURE ATTORNEY For Info On A Property?” Let me give you a quick background to why this question came up. On this YouTube channel, if you're watching on YouTube or on Facebook,  You can find my YouTube channel - Ola Tux Abitogun. We have tons of videos on pre foreclosure wholesaling and some of these questions come in from time to time. What I teach here is, remember what I just said “Data”, I talked about data just now. I talked about building this as a business, not just some kind of hobby, not as a 1963 business. It's about data. Everything starts with data. But if you have to call attorneys to find out the information on the property, ...ask yourself how many properties…
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How Do You STRUCTURE A Wholesale Real Estate?

How Do You STRUCTURE A Wholesale Real Estate?

From Data to Deals
Question: “How Do You STRUCTURE A Wholesale Real Estate?” You approach a homeowner or better yet... It's actually better when they approach you because the conversation is different. That's why I only teach attraction marketing in all of these. Anything that involves you proactively reaching out to homeowners that haven't said they want to sell, …or haven't shown that they want to sell at any point, I shy away from it because it's just not worth my digital time. Based on the fact that I know better things to do with my time like attracting them... ...Like setting up Facebook and Instagram ads that actually attract them to me. Now, once you set all that up, Once you get through the four stages shown in the process below, …you have…
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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?” Real Estate Wholesalers get paid when deals close. As you can see in the diagram below, Deal is on number 5 and that’s when real estate wholesalers get paid, Traditionally. Traditionally, that’s how wholesalers get paid. When somebody actually brings some money to the table as a buyer who actually pays for the deal, …and then on that same transaction, they pay you a fee for finding the deal. That’s how you get paid. But with the evolution of everything like technology, learning how the game works, ...learning marketing, learning how equity works in real life. See, some people actually wait until there is equity in an actual property but the truth is that. In the way that I will teach you,…
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Is Wholesale Real Estate Easy?

Is Wholesale Real Estate Easy?

From Data to Deals
Here is my opinion about anything that is worthwhile in life, …we are talking about good relationships, good business, we are talking about life, wealth, also good health right? Having good health, is it easy to eat healthy everyday? Of course that’s not easy. It’s not a matter of if it’s easy or not, it’s not relevant. Easy, hard, difficult… Those kinds of words are not relevant to anything that’s worthwhile. So the real question is, is it worthwhile? Which is the previous question that we answered. Is it worthwhile for you, it’s personal. I don’t think easy is relevant when it comes to business. I think people that end up looking for easy all over the place, they eventually just stay broke. In fact some of them can close…
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Is Real Estate Wholesaling WORTH IT?

Is Real Estate Wholesaling WORTH IT?

From Data to Deals
Question: “Is Real Estate Wholesaling WORTH IT?” The process I showed you, this 5 steps right here: It looks excruciating but not really, it’s actually simple.It’s just like anything you do in life. Like if you get hired into a job, they give you a job description, …and the majority of the job description out there is a lot more complicated than what I just showed you above. They just send you through training, they’ll say this is what you are gonna be doing daily, …and then you’re gonna make a few mistakes here and there. Then eventually the more mistakes you make the better you become at the processes and learning how to successfully collect the check every Friday. There’s nothing really different here. It’s the same thing, except…
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Value - $197
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