Articles For Aspiring & Active Real Estate Investors
The real estate industry might be super competitive, but there are countless strategies every real estate investor or agent can maximize to rise above the noise. One such strategy is using tech tools and software geared at REI, like REIRail.
Whether you're new to the industry and want to improve your shot at success or you’re a seasoned investor looking to better the trade, this guide will comprehensively cover REIRail to help you determine whether it suits your practice.
The world witnessed many challenges in 2020. Igniting fear and uncertainty, COVID-19 affected spending behavior among consumers across the globe. Average annual expenditures saw a 2.7 percent decrease from 2019 as housing expenditures increased by 3.5 percent. While these changes signaled danger to many, others capitalized on challenges.
While stay-at-home orders ruled our lives, every genre of reality television emerged. These shows helped us escape the real world and virtually jump into the real estate business.
Everything from finding dream vacation homes to rehabbing distressed properties, a reality television niche appeared for everyone. While some watched TV screens, others launched successful wholesaling real estate careers.
If you’re passionate about learning how you too can hop on this exciting train of opportunity, stick with us as we discover how to start wholesaling real estate for beginners.
Technology has slowly been disrupting the world and is now an inextricable part of every industry including real estate. Real estate investors and agents have been using software solutions to streamline nearly every aspect of their trade, from listing, lead generation, finding out-of-town property owners, wholesaling strategies to closing.
Investor Carrot is one such software. If you're in the real estate realm, you've probably heard about Investor Carrot more times than you can recall. But what exactly is it, and how can it help you scale your enterprise as a Realtor, wholesaler, or property buyer? We break it all down below.
In this interview, DealMachine speaks with Alex Martinez (CEO & Founder of RealEstateSkills.com) for their Thought Leader Spotlight Series on wholesaling real estate.
Alex Martinez discusses his beginnings in wholesaling & flipping real estate, advice on what marketing methods will work for you as a beginner, the challenges of growing quickly to $1.2M in one year, the MLS Offer System Strategy overview, & how Real Estate Skills coaches thousands of investors across the Nation to wholesale & flip houses consistently and predictably by using the MLS (Multiple Listing Service).
Hope you enjoy the interview!
Maybe you’re facing a pivotal point in your professional life where you’re asking, “Is this all there is?”
If you’ve ever considered the possibility of making a career move into wholesale real estate, you’ve undoubtedly wondered about the potential of your wholesale real estate salary.
We’re here to make sure you start wholesaling real estate the right way. This entails having realistic expectations about how much money you can earn on your real estate investment journey.
Whether you’re in New York or New Braunfels, given the state of the world today, there’s never been a better time to consider the possibilities of wholesale real estate.
As beginners in your quest to discover if this is the right fit for you, we’ll help you understand:
Skip Genie was designed with real estate investors in mind. Skip Genie markets itself as an alternative to more traditional search methods for finding potential properties for investing. If you only need it to find accurate contact information for property owners, Skip Genie appears to get the job done.
It also offers coaching and customer service but is not designed to offer a lot of additional features when it comes to contacting targeted property owners, managing contacts, and closing the deal.
In this Skip Genie review, we’ll look at some of the pros and cons of the Skip Genie software, take a closer look at its major features, and even see how it stacks up against its closest competitors.
Wholesaling is a wise real estate investment strategy that allows you to get your feet wet in the real estate market in South Dakota without significant capital or time invested. But, similar to any new business endeavor, a real estate wholesaler must understand both the benefits and the areas of concern related to wholesaling real estate in South Dakota, which are discussed below.
A real estate wholesaler’s work resembles that of a flipper but reduces some of the more glaring risks associated with rehabbing real property. This is because there is no need for construction, permits, or time for something to go wrong.
A real estate wholesaler enters into a real estate contract – which can be for owner-occupied property, investment property, or rental property – but typically at a price below market value. The attractive price is usually the result of the seller needing to move quickly or another financial challenge that requires raising cash quickly. Therefore, many...
Due to the competitive nature of the industry, the real estate investing business can feel like a challenging endeavor, especially for newbies.
Successful real estate investors know this, which is why they rely not just on their experience but also on advanced tools like real estate investing software to understand their markets, gain a competitive edge, and find high-quality prospects.
FreedomSoft is one such software. If you're finding out or recently heard about it, here's a detailed review covering everything you need to know about it.
Wholesaling real estate is currently one of the most popular real estate techniques - reaching the upper echelon of profit-generating strategies, along with its sister strategy, the fix and flip.
What Is Real Estate Wholesaling?
Real estate wholesaling is simply a type of real estate investing strategy in which an investor executes a legal contract to purchase an investment property – single-family, rental property, a multi-unit property, or otherwise. But before closing on the first purchase contract, they choose to assign their right to purchase the property to another end buyer.
The difference that exists between the two sale prices is known as the defined gross profit. Wholesale properties are often sold to other potential buyers from a curated cash buyers list.
A fully executed real estate contract awards the purchaser/wholesaler with a bundle of rights to purchase the property through the Principle of Equitable Interest or the Principle of Equitable Conversion. The sale...
In layman’s terms, the assignment fee is the fee paid by the end buyer to the real estate wholesaler. This fee is for the wholesaler’s professional service of finding a property. The wholesaler then transfers completion of the intended purchase to the end buyer as outlined in the contractual obligation.
It doesn’t take much research to notice trends in real estate. According to the Bureau of Labor Statistics (BLS), workers in wholesale sectors will continue to be in demand as these occupations remain critical.
Regardless of where the economy heads, how much more will real estate wholesalers need to be at the top of their game?
To help fortify your foundation, in this article you’ll gain greater awareness of: