Want Coaching, Mentorship & Results? Yes | No
Wholesaling Pre-Foreclosures📍 Equity, Debt Pay-Off & ARV Formula

Wholesaling Pre-Foreclosures📍 Equity, Debt Pay-Off & ARV Formula

Real Estate Wholesaling, Wholesale Real Estate, wholesaling real estate
In this lesson,  you will discover the formula and breakdown of the numbers involved in wholesaling pre-foreclosures from equity to debt pay-off with regards to the ARV formula. When I visited the first house I first took a look at in Belleville New Jersey sometime in 2004 or 2005, I had no idea what I was doing outside of the simple desire that I wanted to be a landlord. Thank goodness that it never went through.   Thanks to my friend who was supposed to be my partner who never came through. Shortly after that, I met Anthony by way of Bob at the... then GSREiA in New Jersey when I attended a workshop seminar by a pre-foreclosure wholesaling guru, Rich. Today, I’d like to pass that knowledge to you. After…
Read More
Before Cold Calling📍Know These 5 Important Things

Before Cold Calling📍Know These 5 Important Things

myEmpirePRO, wholesaling real estate
In this lesson, in addition to answering a question about the effect of different area codes on closing more deals, you will have 5 extremely important things I recommend before attempting cold calling. I will also link you with my real estate wholesaling cold calling script; the necessary questions to add to your script and help you add some fun to the process. Back in 2014, I picked up a really cool skillset which is the ability to talk to strangers and turn them to friends. For me, it was more so about making a new friend than about closing the next deal. But like many people, it wasn’t always about that. I had to learn to apply my attraction marketing principle to cold calling. I will also tell you…
Read More
How To Start Wholesaling In 11 Days! 📍

How To Start Wholesaling In 11 Days! 📍

wholesaling real estate
Probably the most common question I get from beginners and intermediate alike is how to start wholesaling. I understand it because there's so much information to the extent of paralysis by analysis. So in this lesson, it’s all about getting you off to the race and how to do it in 11 days. Back in 2004 or 2005, I paid $3,000 for the first seminar I attended on real estate. I walked away with a nice fancy binder with a bunch of useless information I would never need to actually make money. By the way, I just happened to be lucky enough to pay $3,000. I know many people that paid upwards of $35,000 for these seminars. In my opinion, it is still worth it if you follow through. Anyways,…
Read More
5 Best Marketing Strategies For Wholesaling Real Estate 📍

5 Best Marketing Strategies For Wholesaling Real Estate 📍

wholesaling real estate
In this lesson, I am sharing my personal 5 best marketing strategies for wholesaling real estate with you. I am from the school of direct mail which is basically sending letters and postcards to my target list. But a lot has changed since 2005 when the market wasn’t saturated with a bunch of wannabe wholesaling investors. Although many of them will never close a single deal, their marketing messages and outreach is additional oversupply of overpromises into your market space. So we’ve had to pivot to adjust to avoid wasting our marketing resources with respect to optimal profitability. Back then, one of my mentors even kept an active beef with me because I was one of very few competitors in the whole county. For every 10 letters I sent, I…
Read More
📍 Wholesaling Vs Real  Estate Agents [5 “Must Know” Things]

📍 Wholesaling Vs Real Estate Agents [5 “Must Know” Things]

wholesaling real estate
Why does it have to be wholesaling vs real estate agents?  And what if there is a way to legally create a profitable partnership from a relationship? Back in earlier to mid 2005 when I started to go very hard on my wholesaling business, I came across a mentor. At the time, he had an agent lady who he used to pull comps and get marketing information. To pull comps means to download the data and information of comparable properties for the purpose of determining the after repair and/or market value of a subject property. So at the time, I quickly decided to go through the required 75 hours and get licensed as a real estate agent. Today, we have free tools such as: www.DealEstimator.com To replace that but the…
Read More
📍 5 Tips For Wholesaling REO Properties

📍 5 Tips For Wholesaling REO Properties

wholesaling real estate
I have 5 tips for you when it comes to wholesaling REO properties.  REO stands for real estate owned by the bank just in case you are wondering.  Some also call it bank-owned properties.  Is this even possible these days or its a thing of the past when no one was paying attention? 2004… Right about the time that I was in my master's program in Engineering management, I started attracting lots of ideas on how I could change the world. I ended up at quite a few seminars, one of them being a 1st time home buyers seminar at East Orange New Jersey. Of course like everyone else, I thought I was going to become the next millionaire on the block by becoming a landlord. So the first house…
Read More
Wholesaling Real Estate in 2021 – Step by Step (Complete Guide)

Wholesaling Real Estate in 2021 – Step by Step (Complete Guide)

wholesaling real estate
In this lesson, I will bring you up to speed with wholesaling real estate step by step with respect to how things are changing very fast in the digital age. I will also review the 5 steps to successfully wholesaling real estate for massive profits in upwards of $25,000 per deal. My first deal was a $10,000 check from way back in 2005. My biggest check ever was $82,000 in one single deal and I’ve averaged $25,000 - $30,000 per deal. What has changed with Wholesaling Real Estate lately? As you may or may not know, we are in a digital age. So we all must adjust in marketing accordingly. One of the worst mistakes I see newbie wholesalers make is not paying attention to how consumers move with the…
Read More
How Wholesaling Real Estate WORKS?

How Wholesaling Real Estate WORKS?

From Data to Deals, wholesaling real estate
Let's talk about how real estate wholesaling works. Wholesaling Real Estate is essentially a real estate investment strategy. A real estate investment strategy... but what is the meaning of wholesaling? Wholesaling essentially is when you buy goods and services at a bulk price from a source that's closer to the origination of the goods and services. When you do that, especially goods, you tend to be able to find it at a cheaper price. That creates room for you where you can have in-built equity, make some money and also, you can sell he rights to that equity. Let me break it down into a very simple layman language here. Wholesaling- let's say for example... in the farm market or wholesaling market. The wholesale market or farm market is a…
Read More
4 Basic Parts of a Real Estate Wholesaling Contract📍

4 Basic Parts of a Real Estate Wholesaling Contract📍

wholesaling real estate
Signing the contract is probably the #1 of wholesaling real estate basics; why do you think many rookies confuse a contract with a deal? I get it… It’s the first step towards closing a deal. Isn’t that what everyone wants? So I want to share with you the 4 basic elements that make a contract binding. But please keep in mind that your contract is in reality only as binding as the motivation level of the seller of the property, BOOK: Smart Real Estate WholesalingFREE PDF | PAPER | KINDLE | FREE AUDIO-BOOK Anyone can pull out of your contract. And because you are wholesaling real estate as a game of volume, it just won't be worth your time trying to sue for breach of contract. (1) Offer This is…
Read More
These 4 Things Are Important When Wholesaling Properties Involving Real Estate Agents📍

These 4 Things Are Important When Wholesaling Properties Involving Real Estate Agents📍

wholesaling real estate
Real estate agents can be great resources for you when wholesaling properties but not without these 3 best practices. Ultimately, how you show up to an engagement with an agent can present you as a nuisance or a client. Those are the 2 languages That Real Estate Agents Understand. Wholesaling properties is of course primarily about off market deals; no one should be targeting a house on the MLS with the marketing resources. There are some strategies that can target MLS but those are the exceptions. Wholesaling properties is legal but an out of the box investing strategy; not a job… you are an investor. So essentially, you are not really in competition with an agent but you can easily look like a competition or worse; a scam artist. It…
Read More
Want Coaching, Mentorship & Results? Yes | No