Articles For Aspiring & Active Real Estate Investors
Before considering wholesaling as a form of real estate investing in Indiana, you need to know if it is legal so you don't get on the wrong side of the law.
In this article, we'll answer the question: Is Wholesaling Real Estate Legal in Indiana?
As the 17th most populous state in the U.S, Indiana presents many opportunities for wholesale real estate investments. In 2019, approximately 36,722 new residents moved to the state, bringing its total population to 6.73 million. Projections also show that by 2050, the state will have recorded a 10% increase in population,...
Strategically located as a jumping-off point for commerce headed throughout the United States, Oklahoma has enjoyed healthy economic growth in recent years.
Due to this growth, the Sooner State offers a wide range of opportunities for people looking to enter the real estate field. Warm weather, wide-open spaces, and affordable prices are a dynamic combination that spells success for agents, brokers, and wholesalers willing to work hard.
If operating a wholesaling business in Oklahoma sounds like an appealing career option for you, here’s what you should know as you weigh your options.
Wholesaling is simply a real estate investing technique that allows an investor to turn a profit by entering into a 'contract of sale' to buy real estate. This process requires an earnest money down-payment held in escrow. Once in contract, the buyer can then sell their right to purchase (known as equitable conversion) to an end buyer for a profit.
Often, the primary objective of a wholesaler is to enter in a purchase contract for real property, with a purchase price that is below market value – which may include a home in foreclosure or disarray.
When wholesaling real estate, the asset being sold is the buyer's contractual rights rather than the property itself.
While real estate as a wholesaling business is legal and offers a smart real estate investing technique to earn significant profits, the wholesale deal must be executed carefully with due diligence that weighs legalities appropriately and the anticipated outcomes.
If you've been looking for a real estate investing software to ramp up your house flipping, wholesaling, brokerage, or investing business, then you have surely heard of PropStream.
The PropStream software has gained plenty of attention in recent months and has become one of the most popular tools for both virtual real estate investors and local property professionals.
PropStream is desirable online software renowned for its investor and real estate tools, marketing solutions, and nationwide real estate data. It is targeted towards investors, brokers, and agents and provides comprehensive data of real estate markets to allow buyers to make informed decisions.
Even though PropStream is one of the most trusted real estate software providers, that does not mean you have to jump into purchasing it right away. It can be worth learning all about its offerings, pros and cons, and features before you make a decision. Read this...
Missouri has a robust economy that centers around industry. The state is a leading producer of aerospace and transportation equipment, and it also exports chemicals, food products, machinery, fabricated metal, and electrical equipment. Thanks to a diverse economy, Missouri also has many opportunities for those interested in real estate investing.
With more than 6.1 million residents — 492,000 of them in Kansas City — Missouri is the 18th most populous state in the United States. There are plenty of opportunities to make money by investing in real estate in the Show-Me state, which has 2.8 million housing units, according to the U.S. Census.
Many people become brokers or real estate salespeople in Missouri. However, there are other ways to make money on the MO real estate market, such as becoming an inspector, mortgage broker, real estate attorney, or finding unique ways to invest.
Some people choose...
With a warm climate and a friendly, pro-business stance, Arizona has enjoyed steady growth in recent years. Phoenix has become a sprawling contemporary center for commerce, recognized for a highly educated workforce and a low tax base, and as a great place to raise a family.
Other areas of the state, while much smaller, also provide ample opportunities to make money in real estate.
Several people choose a traditional career path in real estate in Arizona. However, many others are excited about the freedom and flexibility that a career as a real estate wholesaler can offer.
Being a successful wholesaler in the real estate market requires the perfect mix of patience and aggression.
In the age of the internet, you’d think the only way to expand your network is through e-mail marketing, podcasts, social media advertisements, Youtube videos, and phone calls.
Although those are all good networking tactics, I’m here to tell you about the unspoken method that can bring your wholesaling real estate business or side hustle to the next level.
Real estate postcards. Yes, it’s plain and simple.
By planting the seeds of success in the form of weekly or even daily postcards, your patience will pay off in the form of seller leads, contacts, investment opportunities, and off-market deals. And, when those opportunities present themselves, the successful investor will flip the script on a dime and aggressively attack.
This simple - yet lucrative - tactic of patience mixed with aggression can make you tons of money.
Enjoy Real Estate Wholesaling...
Meet Lauren & Daryl from Mississippi. Lauren & Daryl invested into the Pro Wholesaler VIP Program to kickstart their real estate investing business and got exactly what they were looking for!
Within 5 weeks of joining, they were able to virtually wholesale their first house for $7,500 profit! On top of this, they have another wholesale deal they're working on, only this deal is looking like it will have a $20,000 wholesale fee!
Lauren & Daryl are an amazing couple (with 5 children) and were able to carve out the time to make this happen. If they can do this, so can you!
I sat down with Lauren & Daryl to discuss how they were able to wholesale their first house utilizing our systems and their review of the Pro Wholesaler VIP Program.
In this interview, we discuss:
Real estate wholesaling is often an individual's first entry into real estate investing. This strategy offers a viable option to sell a property without having to purchase the property first. Real estate wholesalers in Wisconsin search for properties priced below market value (which may be available for a host of reasons), and they choose to flip the real estate for a profit without the need to renovate or the need for large sums of money.
But is wholesaling real estate legal in Wisconsin?
The short answer is yes – the strategy of wholesaling real estate deals in Wisconsin is legal if the transaction complies with Wisconsin law.
Real estate wholesaling is often referred to as flipping paper for a profit. Real estate wholesalers acquire the rights to buy a home – by signing a contract with a seller. A real estate wholesaler, who holds equitable title, can then sell/assign (for a profit, hopefully) their contractual rights to another buyer – who is often called the ...
The real estate investing business attracts entrepreneurs far and wide because of its proven paths to generate wealth. Wholesaling real estate is an appealing strategy that many decide to take on because of its speed and simplicity in earning quick profits.
As a real estate wholesaler, the primary money-making tools in your business will be wholesale real estate contracts.
These contracts, as well as wholesaling in general, may seem intimidating at first but don’t you worry! We will give you all the insight you need to be successful in this business.
Whether you're a real estate investor buying deals from a wholesaler or a wholesaler selling contracts, it'll be beneficial to get familiar with what these wholesale real estate contracts are and what they do.
We hope you enjoy Wholesale Real Estate Contract: The Ultimate Guide! Use this menu to jump to the section of your choice: