Real Estate Blog

Virginia is one of the 13 original colonies and was settled more than 400 years ago when the English established Jamestown in 1607.

It's the home state of George Washington, Thomas Jefferson, and other founding fathers. Northern Virginia is close to Washington, D.C., and that's part of the reason it played an important role in the American Revolution and the Civil War.

Known by many names, including Old Dominion, Mother of States, and the Cavalier State, Virginia is an affluent crossroads that makes it one of the key economic and government centers in the United States.

If you’re thinking about investing in Virginia real estate, you may be asking yourself: Is Wholesaling Real Estate Legal In Virginia? This article will help navigate the legal landscape of wholesaling in the Mother of States.

• What Do You Need To Know About Wholesaling Houses In Virginia?
• Is Wholesaling Real Estate Legal In Virginia?
• What Are The Wholesaling Laws In Virginia?
• Do You Need A License To Wholesale...

New Mexico is appropriately nicknamed The Land of Enchantment. It's a state filled with rugged and scenic beauty, intertwined in a multi-cultural mosaic through the fusion of Spanish American, Native American, and Anglo-American influences.

Many people are drawn to the state for various reasons, making a compelling case for those who are considering a career in real estate wholesaling in New Mexico.

• What Do You Need To Know About Wholesaling Houses In New Mexico?
• Is Wholesaling Real Estate Legal In New Mexico?
• What Are The Wholesaling Laws In New Mexico?
• Do You Need A License To Wholesale Real Estate in New Mexico?
• Final Thoughts

What Do You Need To Know About Wholesaling Houses In New Mexico?

An Introduction To New Mexico

At more than 121,000 square miles, New Mexico ranks fifth among all states in total land area. ...

Real estate investing is an investment technique that has exploded onto the real estate scene recently to the surprise of many. Similar to a flipper, flipping houses, wholesaling properties is designed for investors to enter the real estate market with a reduced amount of capital than typically needed for more traditional real estate investments.

With its recent rise in popularity, real estate agents and licensees have voiced their objections to the process of wholesaling real estate – asserting that a wholesaler takes a circuitous route to avoid West Virginia’s license law. And in doing so, the real estate wholesaler’s actions are purported to rise to the level that requires a real estate salesperson or broker’s license in the state.

But vocal opponents fail to recognize that the concept of wholesaling is part & parcel of a healthy economy – implemented in many ways - from the local gas station to supermarkets and beyond. And the assertion that...

The real estate market in the United States has seen some significant appreciation in the recent past.

An expanding real estate market (‘Stage 2’ noted in the graphic below) offers investment opportunities not usually viable/profitable when the market is in one of its other cycles. 

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With rapid appreciation, typically identified as a ‘seller’s market,’ the investment technique known as real estate wholesaling has become an increasingly popular investment technique. Real estate wholesaling in Illinois offers these benefits to investors–

• An entry into the real estate market with relatively little needed in the way of capital requirements. Real Estate buyers are required to provide an earnest money deposit (typically a percentage of the purchase price, at contract) that is held in escrow by a third-party to show good faith.
• Several strategies to exit the wholesale deal, including the double close.
• Wholesaling real estate allows a new...

Although it’s one of the smallest states in the nation at just over 9,300 square miles, like its immediate neighbors Vermont and Maine, New Hampshire is a beautiful and visually striking place nestled in the heart of New England. 

If you’re thinking about real estate wholesaling in New Hampshire, we’ve got some important information you’ll want to know.

• What Do You Need To Know About Wholesaling Houses In New Hampshire?
• Is Wholesaling Real Estate Legal In New Hampshire?
• What Are The Wholesaling Laws In New Hampshire?
• Do You Need A License To Wholesale Real Estate In New Hampshire?
• Wholesale Real Estate Contract New Hampshire
• Final Thoughts

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We talk a lot about wholesaling & flipping properties from the MLS...

But not let's forget that the reason WHY we wholesale & flip property from the MLS is so we can reinvest the profits we make back into rental property!

This way, we're always building wealth!

As we speak, we currently have about $3mm worth of rental property under renovation :)

And guess how we acquired these rental properties?

...we acquired them from the MLS! ;)

The MLS Offer System we've been refining & using for the last decade isn't just for wholesaling & flipping - it's also for buying rental property with great returns!

Case in point: Here's Lisa in Houston, Texas. She enrolled in the Pro Wholesaler VIP Program in order to get access to our World-Class Coaching & Training on our proven MLS Offer System.

See, Lisa didn't want to have to reinvent the wheel. She wanted to be able to join a program with proven systems so that she could hit the ground running and...

These days, one of the many challenges faced by real estate professionals is finding high-quality leads. More often than not, they have to painstakingly and manually sort through every real estate listing, only to get a refurbished list of unmotivated sellers and buyers.

If you have been in the industry for a considerable amount of time, you can attest that having a reliable lead source can help you secure and efficiently close deals that can scale your real estate company.

If you tend to heavily rely on direct mail lists, you may already have heard of ListSource. ListSource is a popular real estate platform that industry professionals have been utilizing to create accurate and highly targeted mailing lists.

• What Is ListSource?
• What Are The Top Benefits Of ListSource?
• How Much Does ListSource Cost?
• What Are Some ListSource Alternatives?
• ListSource Criteria For Wholesaling
• How To Find Cash Buyers On ListSource?
• ListSource FAQ
• Is ListSource Really Worth It?

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Real estate wholesaling has made investment headlines lately. While it is not a new real estate investment strategy, its recent popularity can be attributed to some of the benefits it offers real estate investors. Here are the impressive benefits available to consider for both investors and wholesalers –

• Wholesale real estate investing allows you to enter the real estate marketplace with little capital requirements when compared to other available and profitable real estate investment strategies, like fix and flips, etc. Wholesalers are required to provide an earnest money deposit as evidence of good faith.
• Real estate wholesaling can be profitable, primarily when implemented during a market that is rapidly appreciating.
• A real estate wholesale deal is a terrific way to learn the business from the inside out and build a network of referrals, lenders, and, most importantly, a curated buyers list of cash buyers.

Real estate agents and licensees often voice their concern that...

Real estate wholesaling is a real estate investing technique in which real estate investors begin by entering into a legally enforceable contract of sale to buy real property (rental property, investment property, or otherwise). The rights awarded by the executed contract (through the Doctrine of Equitable Conversion) are then sold to another buyer (often called an end buyer or a cash buyer). 

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The Doctrine of Equitable Conversion legally determines how a property’s ‘equitable title’ is modified when a contract is fully executed. When executed, the buyer receives equitable interest in the property. In contrast, the seller’s interests at this time convert to personal property, with a primary function to act as security until closing. 

The property’s ownership hits a gray-legal area when a purchase agreement is fully executed. At this time, the ownership of the property is shared among the seller and the buyer in accordance with the rules...

The technique known as real estate wholesaling has become a mainstream real estate investment trend recently. Although certainly not a new investment strategy, wholesaling real estate deals has risen in popularity primarily driven by a real estate market appreciating at unprecedented levels – while laughing in the face of a pandemic, a global event once anticipated to hit the world economy meteorically negatively.

A real estate wholesaler essentially acts as a middleman, which is hardly a radical idea when one considers the latitude of permittable actions within the worlds of capitalism and big biz. The process, in theory, is simple. A wholesaler finds an available property for sale (be it a rental property or not), usually priced below market value, and enters into a contract of sale to purchase the property from the homeowners. The reduced price is key, so it helps to understand that these available deals are often distressed properties or those available due to a seller...