REAL ESTATE WHOLESALING | Why Prospects Accept $42K on a $100K house

REAL ESTATE WHOLESALING | Why Prospects Accept $42K on a $100K house

Real Estate Wholesaling, Real Estate Wholesaling Prospecting
In this video, you will discover why real estate wholesaling works even though you are getting people to give you their properties for "almost always" half the price. QUESTION OF THE DAY - "What I never understand is why would a person want to give you a $100,000 house for $42,000?" I explain a few reasons why people would be willing to getting rid of a property cheaper than its actual worth. It has to do with the true meaning of value to different individuals. A real estate property you may consider an asset could easily be a liability to others. As a real estate wholesaling professional, one of the things you start your analysis with is after repair value (THE ARV). A motivated seller could careless about that variable…
Read More
How to win bidding wars with competition

How to win bidding wars with competition

Real Estate Wholesaling, Real Estate Wholesaling Prospecting
In this video, you will learn how to win bidding wars with your competitors such as other real estate wholesaling professionals and investors. QUESTION OF THE DAY - "Should I walk away if I find myself in a bidding war with other real estate wholesalers and investors?" This question is an interesting one. If you had options and abundance of leads and prospects, would you get into bidding wars? NO! This will only bring neediness spirit out of you. Basically, your prospects will find you unattractive to work with. Also, you should always look for opportunities where you can add value. Chances are there is no way for you to add value to a prospect who has choices and is now in the position of power to choose. It is…
Read More