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Articles For Aspiring & Active Real Estate Investors

Do You Need An LLC To Wholesale Real Estate?

Real estate wholesaling is an investment strategy that offers beginners an opportunity to enter the real estate realm with minimal investment capital requirements. The art of wholesaling resembles its sister strategy known as flipping houses. Each investment strategy requires similar due diligence, with wholesaling offering a faster and easier path to closing.

A real estate wholesaler targets properties that are typically priced below market value, usually because highly motivated sellers need to move distressed properties quickly. If done correctly, real estate investors can wholesale real estate without a real estate license, real estate broker, or real estate agent.

Wholesale deals can be done with an owner-occupied or rental property, a multi-family property, or distressed properties, like a foreclosure.

Wholesalers enter a real estate contract with a seller, receiving 'equitable interest' through the Principle of Equitable Conversion. But before closing on the initial purchase...

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Call Porter Review: Pricing, Features, Competitors, & More!

Even though real estate is one of the most lucrative industries, the immense rewards it has to offer don't come for free. Real estate investors and agents must constantly juggle house showings, marketing, client paperwork, closing deals, and finding new wholesale properties for themselves and for their clients.

Add in all other related and unavoidable tasks, and the job can quickly be overwhelming.  This is why REI investors should consider outsourcing tasks like call answering.

Here’s how Call Porter, a live answering platform helps investors and agents ease this particular task.

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Flipping Houses In Florida: The (Ultimate) Guide | Real Estate Skills

Are you considering flipping houses in Florida? You've come to the right place.

In this article, we're going to cover everything you need to successfully research, purchase, renovate, and sell homes in Florida.

We'll also touch on the legalities of flip properties, the best cities to invest in, and how to finance this investment (even if you have no money or poor credit).

Florida has a robust and expansive real estate market. Ranked as the top destination for relocating Americans in 2020 and with over 300,000 new residents annually, there's plenty of opportunity for house flipping in Florida

Read on to learn more.

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Wholesaling Real Estate Taxes: (Ultimate) Guide For Investors

In wholesale real estate, there's an important topic we need to address. Everyone knows we should all pay taxes on our money earned as real estate wholesalers. But how does your wholesaling business change the method and determining factors for paying income taxes?

Consider these questions related to wholesaling real estate taxes:

  • Should I pay taxes? 
  • How much do I pay?
  • When should I pay? 
  • Are there federal taxes
  • What about state and local taxes? 

To help answer these and other questions, we hope you enjoy this Wholesaling Real Estate Taxes Ultimate Guide.

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Smarter Contact Review (2023 Edition) | Real Estate Skills

Real estate has come a pretty long way technologically. From the days when finding leads meant manually browsing through piles of listings to being an industry full of digital innovations that make buying, selling, and general property management a breeze.

These innovations range from smartphones, websites to virtual real estate investing and marketing software like Smarter Contact. Just recently heard of it?

Here's a detailed guide covering what Smarter Contact is, the features and benefits it brings forth, and how it makes real estate investing easier.

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Rehab Valuator Review: Pricing, Competitors, and More!

One of the most critical components of successful real estate investing is having the ability to accurately calculate offers and analyze deals as they become available. That step is so important because literally, everything else relies on it.

But getting the numbers right can be a challenge, especially for new investors.

Rehab Valuator software was developed to address this issue by providing a tool that helps wholesalers, rental buyers, flippers, and developers analyze deals, project their profits and even consider a host of “what if” scenarios.

In this Rehab Valuator Review, we'll cover:

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REIRail Review | Real Estate Skills

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.

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Wholesaling Real Estate For Beginners | Real Estate Skills

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.    

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Investor Carrot Review: Features, Benefits, Pricing, and More!

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.

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How To Wholesale Houses From The MLS With Alex Martinez - Thought Leader Interview Series by DealMachine

 

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!

Timestamps:

  • 0:00 - Intro
  • 1:48 - Alex's journey in real estate
  • 10:29 - Advice on which marketing methods will work best for you
  • 17:53 - The challenges Alex faced growing so quickly
  • 21:36 - An overview of Alex's playbook wholesaling with the MLS
  • 32:53 - Why Alex and his partners created RealEstateSkills.com & the Pro Wholesaler VIP Program...
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