How To Structure a Real Estate Wholesale Deal?

From Data to Deals, Real Estate Wholesale

Question: “How to structure a real estate wholesale deal?” With "how real estate wholesale works", you find deeply discounted properties by simply marketing to people that are in distressed situations. A distressed property is a property that needs a lot of repairs. And sometimes, the ownership is distressed. The ownership can't afford to hold onto the property, so they need to get rid of the property. There are many other possible reasons beyond just the house. Some people just sometimes bite much more than they can chew. There are marketing skills that you have to put in place to find these kinds of homeowners and properties. Now let's say you've successfully found a piece of property and you lock it up under contract. There are 5 stages in this process.…

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…

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…

Propstream Review by An Actual User… Why I Like it.

Real Estate Wholesale, Real Estate Wholesaling, Reviews, Wholesale Real Estate, Wholesaling Houses, wholesaling real estate

I am sure there are many Propstream reviews out there but I promise that this one is different because... For a long time now, I had been searching for a software like Propstream; a one-stop shop if you will. As an investor and a content creator in the real estate wholesaling space in a digital age, this is an important piece of the puzzle. I wanted something I could use but also recommend for my thousands of students who stop by here on a monthly basis. In this review, I want to share my discoveries with you so far and why I am happy. You can take a free test drive of Propstream with EXTRA features I negotiated at this link. There were a few things I needed to consider…

How to Make Consistent Money in Real Estate Wholesaling 📍 3 TIPS

Real Estate Wholesale

In this post, you learn how to make consistent money real estate wholesale. Traditionally, real estate wholesale is the art and science of finding deeply discounted properties for cash buyers. But on face value in today's market, that's a very expensive business model compared to what you see in the image below. So when I started back in 2005, all I had to do was drop 100 pieces of letter in direct mail to pre-foreclosure And boom… I was closing wholesale real estate deals back to back. But due to the combination of more marketing channel option (thanks to digital marketing for real estate investors) And more than 500 people joining the real estate wholesale game daily in any market (thanks to the gurus) Therefore Direct mail is now considered…

What is Wholesale Real Estate⁉️📍 Is $69K a DEAL?

Real Estate Wholesale

One of the most frequently asked questions ever is… "what is real estate wholesale?" So it's simply a real estate investing strategy. What makes it different from your typical real estate investing is that you do not have to have the money for capital or down-payment. Therefore it's a wide open opportunity for you to invest your time and marketing skills in real estate And make multiple 6-figure income in Real Estate Wholesale doing it over and over. Your new marketing skill is invested in finding deeply discounted properties ...and assigning the rights to purchase it to others in exchange for assignment fees. My highest assignment fee is $82,000; it can be much less or much higher. So it just depends on the size of the deal or the size…

“Real Estate Wholesalers Near me”⁉️📍 Who is Looking?

Real Estate Wholesale

Motivated sellers do not search "real estate wholesalers near me" online, offline or anywhere. If your marketing is targeted at people looking for real estate wholesalers, that’s a grave mistake that will cost you even more than money. Even worse... It will cost you time. I notice that wholesale rookies and newbies are tagging “WE BUY HOUSES” marketing message with hashtags such as: #wholesalerealestate #wholesalingrealestate #realestatewholesaling #realestatewholesale Get FREE Comps and List of Pre-Forclosures.. CLICK HERE No matter what market condition you find yourself, someone is always buying something. In a confident market, you can expect that people (the core pillar of a recession proof business) are buying lots of luxury products. Real estate purchase is luxury for most people and they tend slow down on purchase of it in…

Real Estate Wholesalers 📍 7 Questions that MUST get answered to PREQUALIFY Sellers

Real Estate Wholesale

By the way the title "real estate wholesalers" should only be used as a reference only. In reality, you are a marketing professional who uses your skills … to find motivated sellers with the possibility of finding a deal for yourself as an investor OR to be assigned to another investor who is willing and able to buy and pay you an assignment fee. Name?Property?Want to sell?Why?How may I help?How soon?Confirm Motivation! Below is a question for us to address with this lesson for Real Estate Wholesalers… “What questions should we ask a seller who is selling a mixed used commercial property?How would we know if it’s a deal or not?” Get the book | FREE PDF | Amazon | FREE Audio book @ Audible Enjoy the video. https://youtu.be/LAHZ0YMIi2s 7…

COLD CALLING EXHAUSTED 📍 Real Estate Wholesale

Real Estate Wholesale

QUESTION ⁉️ “How long do you stay cold calling the same number before changing it if at all? How big should the size of the data you are skiptracing to call be every single month? When do you stop calling the same people?” ENJOY THE VIDEO! https://youtu.be/1UvL37koyqs Real Estate Wholesale Cold Calling Scripts

0$ MARGIN DEAL 📍 Real Estate Wholesale

Real Estate Wholesale

QUESTION ⁉️ “Good day. I’m needing some advice! On Saturday, I had a property walk-through with a seller on a home that was built in 1943. It’s a 2 bed 1 bath. It’s been vacant since 2014. https://youtu.be/OLcMolDSla8 The owner owes about $2,000 in taxes and the comps in the area are going for $70,000 fixed up. This home will need a full rehab. So I estimated around $45,000 - $50,000 in repairs. It has no central AC, the roof needs to be replaced, the whole 9. My partner and I offered the seller $10,000 but he asked for $20,000 the next day. Deal or no Deal?” ENJOY THE VIDEO! How To Find Real Estate Wholesalers