Articles For Aspiring & Active Real Estate Investors
In this interview we go over how Carson has been able to start wholesaling houses as an 18 year old! Carson recently quit his job and has gone from making $10/hr to $2,000/hr thanks to wholesaling houses & real estate!
In this in-depth interview, you’ll learn:
- How Carson made $16,400 in profit from his first 2 wholesale real estate deals
- How Carson found the houses that he wholesaled
- How to find cash buyers now for wholesale real estate deals
- The real estate deal numbers break down for each wholesale
- How being a member in the Pro Wholesaler Program has helped Carson grow his wholesaling business
- What to do (and not to do) when starting out wholesaling houses
- Carson’s #1 tip for anyone starting out as a wholesaling beginner
Here is the transcription of the wholesaling houses interview in case you enjoy reading:
Alex: Hey guys,...
It’s possible to make good money in the real estate industry through wholesaling houses. Some real estate gurus teach wholesaling as a way get wealthy without capital. Generally, real estate wholesaling can be a great business. However, it’s not easy and it requires investment of time and effort.
Wholesaling is selling merchandise or goods to retailers as well as industrial, institutional, commercial and professional business users. It can also involve selling merchandise or goods to other wholesalers and subordinated services. Essentially, wholesaling entails selling goods to buyers that are not standard consumers.
Wholesaling houses happens when one party enters a contract with a person selling a home to market their property to potential buyers then assigns the contract to another entity. The profit made by the wholesaler is the difference between the price contracted with the original seller and the amount the buyer pays. When...
Hey Real Estate Skills Community! Here's my podcast interview from the Real Estate Time Freedom Show by Investor Fuse. I share a ton of real estate golden nuggets like how to wholesale & flip houses on the MLS (Multiple Listing Service)! I also go deep into what makes a Pro Wholesaler versus an Amateur Wholesaler. Enjoy & come learn the best ways to get started in real estate!
Here's a transcription of the video above:
Carlos Zamora: Awesome. Live now with new friend Alex Martinez. Thank you guys for checking out the Real Estate Time Freedom Show today by Investor Fuse, April 18th already. Alex Martinez is joining us. He is the Founder and CEO of www.realestateskills.com, a real estate education company providing coaching tools and resources to start a successful real estate business or career. He got started investing about eight...
Private money lenders play a crucial role in the modern real estate industry. But, who are they? How do you find private money lenders? How do you get a private money lender to give you a loan for purchasing a real estate investment property? These are some of the questions that this article answers!
A private money lender is an individual or entity that issues loans secured by a trust deed and note to fund a real estate deal or transaction. Generally, private money lenders are relationship-based lenders. These are non-institutional lenders that provide short-term loans for the purchase of investment properties. An investor can also get a rehab loan from a private money lender.
A real estate investment deal is incomplete without money. As a professional real estate investor, you should always be actively looking for ways to bring in private money lenders to fund real estate investments and tie up...
How do you get money for real estate deals if traditional mortgage lenders do not work for your situation? Consider getting a hard money loan to financing your next house flip, or other type real estate deal! Learn all about hard money lending right now in this article!
A hard money loan is an asset-based loan and one of the options to consider when traditional lenders won’t finance your real estate deals.
A major factor that may affect your traditional loan approval is your income and credit history. Lenders prefer candidates with a reputable loan repayment history. That’s because repayment history demonstrates the ability of the consumer to repay a loan.
However, it’s apparent that having an income and an impressive credit score is not necessary a guarantee for loan approval. Traditional loans have an invasive process and their approval takes a lot of time. On the other hand, hard money lenders...
Real estate is responsible for creating more millionaires than any other industry. If you think you need your own money and tons of experience to get started, think again!
Mastering the skill of raising money is truly necessary to grow & scale your real estate investing business to new heights, which is why Stan Gendlin & Alex Martinez created this article – just for you.
Successful Real Estate Investors, Stan Gendlin & Alex Martinez, have raised over $150 Million of OPM (Other People's Money) to wholesale, fix & flip houses, AND buy cash flowing property investments. Having the ability raise money for real estate deals has allowed them to start & grow multiple 6, 7, & 8-figure real estate investing businesses.
Whether you’ve never done a real estate deal, or have done 100+ deals and raised $100 Million, you will get tremendous value from this article.
You got this – even if you’re starting from scratch! Let's begin...
In real estate investing & wholesaling, having an up-to-date & legit proof of funds letter is a necessity! If you do not have this, then you are investing like an amateur! Every single wholesale and fix & flip deal I’ve ever completed have all had a Proof of Funds attached along with my offer. Having a Proof of Funds on each & every offer will significantly improve your chances of getting & closing the real estate deal! In this article, we’ll go over what exactly is a proof of funds letter for real estate, why you need it, and how to get it!
A Proof of Funds Letter (POF) is a letter, bank statement, PDF, screenshot, or other document showing that a person or company has the financial ability to close a real estate transaction. Essentially, it’s your “PROOF” that you can close the real estate deal.
I want you to think of the Proof of Funds like “the Golden Ticket,” because...
Wholesaling is when you find a property, get it under contract with the owner, and then sell the rights of that contract to another investor who wants to renovate the property. With Wholesale Real Estate Investing, the goal is to always create what I call “Win-Win-Win Scenarios." Get ready because we're about to take a deep dive into how wholesaling real estate works!
You create a win for the seller of the property because you are getting them out of a sticky situation. For example, the seller can be facing foreclosure and need to sell their home quickly to avoid ruining their credit for years. Maybe the property is owned in a trust with 6 different owners, and instead of putting the property on the market and evaluating 20 different offers, they may just want to work with you, with no commissions involved.
You also create a win for the real estate investor...
Crowdfunding is not just a buzzword in the contemporary world. It’s an exciting, new way to raise capital for real estate investments. But how does is it differ from the other means of raising real estate investment capital? How does it fund real estate projects and what should you know before you use it to raise capital?
This article answers these and other questions you may have in mind when thinking about funding for your next real estate project with crowdfunding money.
Real estate crowdfunding is a way of investing in real estate with other investors through platforms that propose deals in real estate while taking care of all the involved works that may include listing deals, doing the legal work, and managing properties. As such, real estate crowdfunding enables you to invest with a little amount, diversify properties, and have a passive portfolio in the industry.
Crowdfunding differs from the traditional ways of raising money for real...
In this video, a Pro Wholesaler Student came into the office and I taught him about wholesale real estate investing. In this article, I will recap the 3 TIPS I covered with Mike so that you can learn how to start wholesaling real estate sooner rather than later!
1. Get Access To The MLS
2. Attend Real Estate Investors Association Meetings (REIAs)
3. Only FOCUS on 1-2 Marketing Strategies (NOT 5-10 Strategies)
First off, what we talked about was getting MLS access. What's MLS access? It's the Multiple Listing Service. It's a database of all leads on the market in your area. It’s very important as a real estate investor, and as a wholesaler, to get access to this because, if you get access to this, you have access to all the leads on the market! Now, on the MLS there are houses that are for sale that have been renovated… These aren't really good leads to fix &...