What is Wholesale Real Estate & EXACTLY How to Start with Less than $1,000

What is Wholesale Real Estate? It’s a business model for a very lucrative source of income involving real estate. As real estate investors, what we do is find deeply discounted properties that we can flip or fix and flip to end buyers. When we do so, we make serious and lucrative profits between the buying and selling of such property. QUESTION ⁉️ “How do I approach a house about to go into foreclosure ...as a prospect for wholesale real estate?” Just in case you are brand new to us here, let me answer “why would anyone want to approach a house that’s about to get foreclosed on.” Well, the often sad event of foreclosure is one of the sources of wholesale real estate deals. Foreclosure is a lawsuit that reclaims…

How to Get Real Estate Leads Without Cold Calling

wholesaling real estate

If you work in the real estate industry, you know how crucial leads are to the success of your business. However, cold calling can be a daunting and time-consuming task. Luckily, there are other ways to get real estate leads without having to resort to cold calling. In this blog post, we’ll explore the concept of attraction marketing and how it can help you get more leads for your real estate business. What is Attraction Marketing? Attraction marketing is a marketing strategy that focuses on attracting potential clients to your business rather than chasing after them. This is achieved by providing valuable information, resources, and services to your target audience that they find helpful and relevant. The goal is to build a relationship with your audience and establish yourself as…

Real Estate Wholesalers 📍 7 Questions To Ask To PreQualify As Motivated sellers In Wholesale

Real Estate Wholesale

Are you looking for the questions to ask motivated sellers in wholesale to prequalify and check if they are truly prequalified. Everyone claims to me motivated until it's time to sign the contract right? Use this questions to save your self time; just 7 questions-questionnaire... Anything more than that will overwhelm both you and especially the seller. You can also tweak this questions for a face-to-face listing appointment, a typical cold call to for sale by owners. 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…

3 Stages to Conquer Before Wholesale Real Estate Deals📍

Wholesale Real Estate

Way too many people are chasing after wholesale real estate deals without a proper understanding of what leads to one. I get it… After all, you are "one deal away" right? Nah…. At least, you need to know about these 3 stages that you must pass through in order to get to closing wholesale real estate deals at scale. Of course , you can get lucky without these stages but luck and hope can only happen so many times. STAGE 1 - Data Collecting and analyzing data is a very important part of any business in the digital era. It allows you to add predictability to your business especially when you collect the data in bulk. Property addresses and owners are all data on a public record that you have…

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…

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…

7 “DON’TS” & Wholesaling Real Estate for Dummies 📍

wholesaling real estate

We are helping lots of advanced wholesalers but this lesson is designed particularly to be a wholesaling real estate for dummies version. So if you’ve closed at least ONE deal, it’s probably not for you; here are your 7 “DON’T DOS. (1) Don’t Confuse a Contract with a Deal While it is worth celebrating it when you do lock a property under contract, it can be very misleading to your own mindset to think of it as a deal. So you have: Data, then Owner, then Negotiation, then Contract, then A willing and able buyer, then A deal can be closed hopefully. (2) Don’t Give Yourself an Ultimatum Testimonials and success stories are lovely, motivational and inspirational. But the downside is when you get attached to how much another person…

12 MORE Tips to Wholesaling Houses for Beginners 📍

wholesaling real estate

Wholesaling houses for beginners is even simpler than the overly advanced stuff if you follow a few simple steps. And stop complicating it beyond solving problems for distresses owners. I gave 4 tips for beginners in this post But I want to add 12 more tips as inspired by the questions below by a beginner; I thought, As a Wholesaling Beginner, you’d find value in it. Don’t overthink sales contracts; any contract will work as long as the seller is motivated.Don’t go to the courthouse wasting time to pull data in the name of quality and “free”; ...you get paid for flipping time into money faster than a day job can.40th Law of Power - Despise the free lunch; YouTube University is good for fanboys. Professionals pay to be trained.Don’t…

Wholesale Real Estate Investing in 5 STEPS 📍 Cash Buyers’ Employee

Wholesale Real Estate

You are about to discover the 5 steps that make up a wholesale real estate investing business. But first of all, here is a refresher on exactly what it is. Wholesale real estate is simply the art and science of finding deeply discounted properties for able and willing investors. Therefore, it's a very lucrative business model whereby your assignment fee can be as high as $200,000. My highest check at press time is $82,000. Here goes the steps... Did you check out my take on... "Zillow Prospecting for Wholesale Real Estate Investing?" Marketing to distressed homeowners is the 1st Step of Wholesale Real Estate Investing Distressed homeowners include tire landlords, absentee owners, vacant properties, pre-foreclosure, delinquent taxes etc. STEP 2 - Negotiate a deep discount The idea is that when…

What is Driving for Dollars ⁉️ & #1 Reason to AVOID it.

Driving for Dollars

Driving for Dollars Real Estate When you solicit donations from people or businesses in exchange for driving their car in a race, the concept is simple: you find a donor, agree on an amount of money they will give you for driving their car, and then use that money to pay for your racing expenses. This method is often used by amateur and up-and-coming drivers who do not have the financial backing of major sponsors. It can be a great way to get your start in racing. And, it's a lot of fun! What Is Driving for Dollars in Real Estate? One way to find motivated sellers that haven’t advertised their homes for sale is to find vacant properties. Because every month that goes by, vacant properties cost the owner…

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What is Wholesale Real Estate & EXACTLY How to Start with Less than $1,000

How to Get Real Estate Leads Without Cold Calling

Real Estate Wholesalers 📍 7 Questions To Ask To PreQualify As Motivated sellers In Wholesale

3 Stages to Conquer Before Wholesale Real Estate Deals📍

4 Basic Parts of a Real Estate Wholesaling Contract📍

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

7 “DON’TS” & Wholesaling Real Estate for Dummies 📍

12 MORE Tips to Wholesaling Houses for Beginners 📍

Wholesale Real Estate Investing in 5 STEPS 📍 Cash Buyers’ Employee

What is Driving for Dollars ⁉️ & #1 Reason to AVOID it.

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