Posted in Real Estate Investing, Wholesaling Houses on 11. May, 2012
Wholesaling real estate properties is similar to house flipping. Flipping houses involves purchasing real estate well below market value, fixing it up and selling it for profit. With wholesaling, investors assume the mortgage note under contract and sell the property “as-is.” The new owner purchases the property for less than “after-repair” value and rehabs the [...]
Posted in Real Estate Investing, Wholesaling Houses, Wholesaling Real Estate on 07. May, 2012
Becoming an expert at estimating repair costs takes time, but one of the most valuable skills you can learn as a real estate investor when wholesaling property. In wholesaling homes you won’t have to be as accurate as when you’re rehabbing houses. Either way you’ll need to estimate the repair costs of the property to [...]
Posted in Wholesaling Houses, Wholesaling Real Estate on 03. May, 2012
Win-Win Win in negotiation but always make the seller feel like he’s won. This is the basis of all techniques we will discuss. Always make this top priority to insure you relationship with the other party stays in good standing and they feel good about you. When you make the seller’s ego feel good they [...]
Posted in Wholesaling Houses, Wholesaling Real Estate on 07. Apr, 2012
It’s important not to over price or under price your wholesale deals. If you under price you cut yourself short on extra profit you could have made, if you over price the deal doesn’t sell. There is a very fine line on how to price your wholesale deals. It takes practice and you’ll get better [...]
Posted in Wholesaling Houses, Wholesaling Real Estate on 28. Mar, 2012
When wholesaling houses you must learn the absolutely best negotiation strategy: Win in negotiation but always make the seller feel like he’s won. Master this rule of thumb as a real estate wholesaler you will have a huge edge up on your competition. This is the basis of all negotiation techniques. Always make this top [...]
Posted in Real Estate Investing, Wholesaling Houses on 24. Mar, 2012
If you are considering real estate wholesaling, then you undoubtedly have already heard of the advantages. This is why you are considering the opportunity. However, there are a few disadvantages you should be aware of as well. One, when buying the real estate, you must have an idea of the condition of the property. This [...]
Posted in Wholesaling Houses on 16. Mar, 2012
Wholesaling is the act of finding a great deal, getting a purchase contract signed, and assigning that purchase contract to a worthy buyer. You are spending your time on finding motivated sellers, negotiating rock bottom prices, managing leads, & getting deals closed- that’s it. You aren’t listing properties for sale on the mls (multiple listing [...]
Posted in Real Estate Investing, Wholesaling Houses on 14. Mar, 2012
Let me ask this one question that should be basic to every real estate investor: What is the key to being successful in real estate investing every month and every year? The answer lies in one simple but very powerful word: Cashflow!! If you have a sizeable real estate business that is not generating positive [...]
Posted in Real Estate Investing, Rehabbing Houses, Wholesaling Houses on 12. Mar, 2012
Jen & I just returned from an amazing month long trip to San Diego. We visited the USS Midway, beautiful parks along the coast line, a ton of Yoga Studios, and some amazing restaurants. Our apartment was right on the bay and it was absolute heaven. We’re in Puerta Vallarta Mexico until the end of [...]
Posted in Real Estate Investing, Wholesaling Houses on 06. Mar, 2012
Virtual real estate wholesaling is a unique and potentially highly profitable business that can be operated very successfully without ever leaving the comfort of your home. By exploring and utilizing the ever expanding real estate market via the internet, contracting out administrative tasks to competent virtual assistants and hiring a virtual closing coordinator, your virtual [...]
