Articles For Aspiring & Active Real Estate Investors
For most people, the word ‘entrepreneur’ conjures up visions of wealthy, innovative business people like Bill Gates or Mark Cuban. However, business acumen and insight are innate and intuitive skills and are not always a product of experience or age.
The real estate business has long been appealing to entrepreneurs because its investment strategies pair well with a creative, adept investor – someone who can think outside the box but within a defined legal framework.
With fantastic profit potential, it is not uncommon for teenagers to take simple curiosity and develop it into a lifelong passion and a potentially profitable career. To work with confidence and the required legal authority, you need to know how old you must be to start wholesaling real estate. This is discussed below.
In today’s digitally advanced world, strategic real estate lead generation is the secret to creating and maintaining a healthy pipeline of leads. It can be done organically through referrals from friends and family, or via advanced lead generation platforms like Smart Zip.
The platform uses predictive analytics to generate lead lists of high potential sellers and claims to have a set of automation tools guaranteed to ease lead nurturing. Is it really worth the hype?
Learn more about it, in this Smart Zip review.
Wholesaling real estate differs from other types of real estate investment in that the wholesaler doesn’t actually take possession of the property. Unlike the upfront capital needed by flippers or to buy and hold, it requires very little capital to get started with wholesaling.
For that reason, it’s thought to be an excellent way to get started in real estate investing and is considered one of the best short-term investment strategies around.
So what does it take to be a real estate wholesaler in Texas? Read on to find out how to get off to a successful start.
The popularity of real estate wholesaling is a tribute to its viability and potential profitability as a real estate investment strategy. And while it is essential to understand how to complete a wholesale real estate deal, your knowledge of this investment technique remains theoretical until you have a property to wholesale.
In this guide, you'll learn exactly what wholesale properties are and how to find wholesale properties - whether you're a retail buyer, seasoned investor, or new wholesaler. Let's dive right in.
Real estate wholesaling might be one of the most lucrative, and also easiest real estate investing strategies, but that doesn’t mean everything is handed to wholesalers on a silver platter.
The strategy comes with a slew of responsibilities which include scouting around for profitable properties, converting owners into motivated sellers, and finding buyers, all before the closing date. In between the mentioned processes comes the mundane tasks such as creating contracts.
That is why every wholesaler looking to scale their business needs quality real estate wholesaling software. Here’s a comprehensive guide covering what a wholesale real estate CRM is, the best in the market, and tips on how to determine the best fit for your practice.
Over the past decade, the United States has seen unprecedented buyer demand, price appreciation, and capital influx from all types of investors in the real estate market- from hedge funds to mom-and-pop house flippers.
Real estate wholesalers, though still an emerging crowd, have long been able to carve out a niche within this vast industry. Value-add investors, including fix and flippers, rental property owners, and real estate developers, are continuously seeking out new real estate properties to acquire in order to stay in business.
This creates massive opportunities to capitalize as a real estate wholesaler when the right strategies are followed to create significant value for investors - investors who pay wholesale assignment fees to the tune of $10,000, $20,000, and even over six figures!
On the residential side, there are approximately 142,153,010 housing units across the country with about 64.4% being owner-occupied. That means over 51,000,000...
One of the most challenging hurdles real estate investors face in building their business is accurately estimating the costs of rehab or renovation.
At the same time, homeowners are often left unsure how to budget for home improvement projects or repairs and don’t have an easy way to ensure a quote is on target after reaching out to contractors.
Homewyse aims to make the whole process a bit easier for contractors, investors, and homeowners by providing a platform that offers cost estimates on installation and materials for a wide variety of home remodeling, repair, and renovation jobs. Read on to see how it stacks up in this Homewyse Review.
Does your enterprise have three or more employees who frequently work on projects together? Do your employees work on simultaneous projects you need to track in real-time?
Do team members have difficulty keeping track of project timelines, or do they regularly skip important updates because they didn’t see them on time? If your answer is yes to either or all of the questions, you need a project management platform like Podio.
Such software comes with task management tools that allow team managers to easily delegate tasks and manage workflows, ensuring timely and professional project implementation.
It also serves as a unified communication platform for team members to discuss and work together on projects, conversely enhancing project collaboration. Discover more of what it offers in the comprehensive Podio review below.
Are you looking to start wholesaling real estate?
In the video below, I am going to show you the reasons why most real estate wholesalers suffer & quit so that you can avoid these pitfalls and build a hyper-profitable real estate wholesaling business!
Video Time Stamps:
0:00 - The Top 5 Reasons Why Most Wholesalers Suffer & Quit!
0:26 - Reason 1
2:10 - Reason 2
4:46 - Reason 3
7:19 - Reason 4
9:38 - Reason 5
Note: we've transcribed the video above into this written blog post for those who enjoy reading over watching video!
Want to build a hyper-profitable wholesaling & flipping business making $10k-$100k a month in your market? Click the image below to schedule a Strategy Session & see if you're the right fit for the Pro Wholesaler VIP Program!
After training thousands of real estate wholesalers and flippers to be successful at real estate, it's apparent that...
Wholesaling is one of the best and most lucrative real estate investing strategies. It’s less capital intensive, and beginners with no capital whatsoever can always maximize on options like transactional funding that allow them to purchase investment properties without tapping into personal funds.
The best part? It’s a short-term real estate investment meaning quick ROI. However, real estate wholesaling is just as profitable as the market it’s in. Target the right location, and you’re guaranteed healthy profits. That is why we compiled some of the best wholesale real estate markets and important pointers on how to determine the right wholesaling market conditions below.