MAXIMUM ALLOWABLE OFFER 📍 Real Estate Wholesale

MAXIMUM ALLOWABLE OFFER 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “Working on my first deal with a highly motivated seller. Seller is widowed and cannot afford the mortgage payments and is facing foreclosure. She only wants to walk away with a little money to relocate. ARV $163,200 Repairs around $15k Mortgage owed is $124k Behind on Mortgage payments $5k 65% = $105,000 Can this work?” ENJOY THE VIDEO! Maximum Allowable Offer Formula
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AFTER REPAIR VALUE 📍 Real Estate Wholesale

AFTER REPAIR VALUE 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “I’m having trouble figuring out what a house is actually worth. It’s in the downtown area, 5 bedrooms, 3 bathrooms and an unfinished basement, lot is 3/4 of an acre. The seller is trying to sell the idea that the house is very unique which it is but it was built almost 100 years ago and there’s a lot of work to be done. Any ideas other than running comps?” ENJOY THE VIDEO! How To Value Real Estate
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WHEN TOTAL COST => 70% 📍 Real Estate Wholesale

WHEN TOTAL COST => 70% 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “I’m in negotiations with a property with ARV between $185K & 190K. For what I’ve been told, it needs carpet throughout and everything else is good to go. They’ve only been in the property for years but what I don’t understand is she bought the property for $151K but owes 1st mortgage 116k and 30k to HUD. She’s fine with just paying off what’s owed. It may be a couple of thousand dollars for moving cost. But my thing is 70% of $185K is $129,500; so she’s already over where I need to be not including any repair costs or assignment fees. How do I make this deal work?” ENJOY THE VIDEO! 70 rule real estate example
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I MADE $25,000 DOING NOTHING📍 Real Estate Wholesale

I MADE $25,000 DOING NOTHING📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “It took me 9 months of failure and hard learning to close my first deal. I knew nothing about wholesaling houses. After 9 months I finally got a buyer and a seller so I'm thinking it's finally going to happen for me. Unfortunately, I was working with a realtor and forgot that they take out 3%. Got to the closing table and only got 0.88 cents. I was so pissed then I saw how happy the seller was and I have come to realize that it wasn't all about me. It was about helping people. The seller really needed to sell the house because they were moving out of town and he didn't have no job. So I felt a little better about the situation. But I had…
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“ARE ASSIGNMENT DEALS  DEAD⁉️”📍 Wholesale Real Estate Assignment

“ARE ASSIGNMENT DEALS DEAD⁉️”📍 Wholesale Real Estate Assignment

Real Estate Wholesale
QUESTION ⁉️ “Hey, 🍻 I am in California and have now had 2 title companies in the past week that I have done business with tell me they had a “company meeting” and are no longer doing assignments. Seeing if you have done deals in California run into this recently?” Just like real estate wholesale business itself, assignment of contracts will never go away. With that being said, how do you address this issue? ENJOY THE VIDEO! Wholesale Real Estate Assignment Contract
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CALLING ZILLOW LEADS 📍 Real Estate Wholesale

CALLING ZILLOW LEADS 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “How many calls on average do you do on a daily basis? I just began. Me and my husband are getting our leads from Zillow. We’re kinda lost on where else to get leads from, it takes more detail work to get all property details on every single property. Therefore we’re not calling that many a day This is our 3rd day in this and we’ve been trying. We are also aiming for lease option to buy and Zillow is where we get the leads from.” With wholesale real estate as a business model, generating leads in the year 200&Digital is about the speed of data flow. Therefore manually pulling records from zillow is probably too much of a slow process to compete. You may get lucky and…
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