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Wholesale Real Estate: How Brandon Made $12,000 On His First Wholesaling Deal!

 

Brandon is in his young twenties & had zero real estate experience when he joined the Pro Wholesaler VIP Membership by Real Estate Skills. Now, with zero experience & with spending $0 in marketing, Brandon made $12,000 on his first wholesale real estate deal!

In this interview you will learn:

- How Brandon went from knowing nothing about real estate & wholesaling to making $12,000 on his first wholesale real estate deal!

- How he was able to wholesale a house with only laptop and phone

- How he was skeptical about wholesaling real estate at first, but not anymore

- How we smash the misconception that finding cash buyers for your wholesale deals is difficult (Brandon found all the cash buyers he needed in just 5 days)

- How he found his first properties to wholesale on the MLS

- How he got access to the MLS (Multiple Listing Service)

- How Brandon submitted 15 wholesale offers, got 2 wholesale deals under contract, and closed one of them for $12,000,...

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How To Build A Real Estate Network

Networking is a powerful marketing tool in every profession and real estate is no exception. In the words of a renowned investor, Warren Buffet, ‘’If you are alone you will move fast but if you are more than one you will go far.’’ Basically, you will go far with a great real estate network. This guide explains how you can establish a strong real estate network for yourself & your company.

The Greatest Investment You Can Make is in Your Real Estate Network

Networking is an essential strategy when it comes to a real estate business growth. Perhaps, you are just joining the real estate industry. Maybe you are an accomplished realtor. Whatever the case, professional networking should be a crucial component in your business plan. The more people you interact with, the higher your chances of attracting more deals. Basically, your real estate business will benefit from networking in many ways.

Real Estate Networking will enable you to acquire important...

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My First Real Estate Deal | $22,000 Profit

 

In this video, you will learn how I completed my first real estate deal at 20 years old!  This specific real estate deal changed my life because no money was put into the deal, yet it produced $22,000 of profit!  45 days before making this deal happen, I was making sandwiches for $10/hr...

Come take a listen to learn how you can do these types of deals called "Wholesale Deals," for yourself!

Here's a transcription of the video if you enjoy reading:

Hey everyone, it's Alex Martinez and today I'm going to talk about my first real estate deal. So let me take you back to when I was 19 years old, so I wasn't in real estate at 19 years old, I didn't know anything about real estate. What I was doing was, I was actually making sandwiches, and I was making sandwiches for 10 bucks an hour while going to school full-time, so I was working about 25 hours a week, going to school full-time. So I'd go to class and then I'd go make sandwiches all day and I'd come home every night...

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What Every Real Estate Investor Needs To Know

 

The most important thing as a real estate investor is including an inspection contingency on every contract. This is how you protect yourself and are able to invest with as little risk as possible! Be smart - use the inspection contingency. Check out the video above if you're interested in:

  • learning how to make your offers more desirable
  • seeing what an inspection contingency is
  • why you need an inspection contingency on every single offer you send!

Here is a transcription of the video if you enjoy reading:

Hey, everyone, it's Alex Martinez, and today, we're going over the most important thing as a real estate investor.

When a lot of people look at real estate investing, and look at entrepreneurship, they look at it as something that's a little risky.

What we do, as real estate investors and entrepreneurs is, is mitigate and lower our risk as much as possible, and then, make calculated decisions after that.

The most important thing, as a real estate investor, when...

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Interview: From $10 / Hour to Profiting Over $1.2 Million in 12 Months With Real Estate Investor, Alex Martinez

I was recently interviewed & featured on Authority Magazine to talk about my real estate journey, investing advice, efficiency hacks, & about my most memorable failure to-date!  Here is the full article & interview written up by Drew Gurley.  Drew's questions are in bold and my answers are below each question.  Hope you enjoy!

From $10 / Hour to Profiting Over $1.2 Million in 12 Months With Real Estate Investor, Alex Martinez

Alex Martinez has a great story, one that certainly resonates with the concept that you have complete control of your life and your decisions. To go from making sandwiches to breaking 7 figures of profit in 12 months takes confidence in knowing who you are.
I spent some time learning about Alex’s story and was nothing less than motivated to say the least. He’s young, energetic, and passionate about working to sustain what has come to be an amazing lifestyle, all before turning 30!
Here’s more on...
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How To Find Cash Buyers & Talk To Them | Real Estate Skills

 

Hey, guys, What's up? It's Alex Martinez, and today's video is How to Talk to Cash Buyers and Find Their Buying Criteria.

First off, cash buyers are the real estate investors that are going to buy your wholesale real estate deals. They are most likely renovators or flippers that want to purchase a property, renovate it and resell it for a profit. You get paid by bringing them this nice deal that you get under contract, and then you sell that contract or assign that contract to them for $10,000 plus. Cash buyers want you, and you need cash buyers to buy your property with all cash.

So, you may be asking, "How do I find cash buyers?" I previously made a video on how to find cash buyers in your area in one minute or less, so definitely check that out, but some other ways are to go to your local real estate investing association, and there you can meet cash buyers. Also, when you see bandit signs on the side of the road, give them a call, because there's most likely cash buyers on the...

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2 Lessons From A Real Estate Investing True Story

real estate investing Apr 23, 2018

Here's a quick, true story about a younger gentleman (age 20) who came to me for real estate investing advice.  I get into a little bit on flipping houses but this DIRECTLY applies to wholesaling real estate, as well!

This particular gentleman asking for feedback was raising capital for a property he was going to buy for $770,000.  The agent he was working with told him that the property would sell at $1.2+ million all day after he put $100,000 of repairs into the property.  Sounds like a sweet deal, right?

Well, thankfully, I met this gentleman at an open house for a property I was flipping at the time.  He asked if I could take a second look at his particular deal before he went through with purchasing the property.  He was 2 days away from removing his home inspection contingency, which would contractually force him to buy the property, or at the very least, lose his $10,000 deposit.

That night I analyzed the property for him and saw that the...

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As A Real Estate Investor, Should You Get A Real Estate License?

real estate license Mar 10, 2018

You may have heard this before: “Real estate investing sounds great, but don’t you have to get a license to start investing?”

To simply answer the question: Nope, you DO NOT have to get your real estate license in order to invest in, wholesale, or flip real estate. In fact, for my first three years of real estate investing, I wasn’t licensed, and I was able to generate well over a million dollars of profit.

So, believe me when I say: it is not necessary to get your real estate license to begin investing.

However, I did eventually become a licensed real estate agent, which opened up additional revenue streams & opportunities in the industry.

In this article, I’ll give you my Pros & Cons of getting your real estate license as a real estate investor. These insights will help you if you’ve ever asked the question: “As A Real Estate Investor, Should I Get A Real Estate License?”

 

PROS of Getting Your Real Estate...

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Wholesale Real Estate Investing: 8 Do's & Don'ts

wholesaling Feb 12, 2018

Knowing what “not to do” can be just as important as knowing what “to do” when wholesale real estate investing. Wholesaling is an easy profitable way for beginning wholesale real estate investors to get started investing but doing (or not doing) certain things can add or subtract from your bottom line, or even “make or break” a deal.

When wholesaling houses, keep these strategies in mind…

 

1. Don’t send a purchase offer without an inspection contingency clause.

DO: Put an inspection contingency clause on each and every offer you submit when wholesale real estate investing. An inspection contingency clause protects you if there is anything wrong with the property that does not pass your inspection. This allows you to legally cancel on the deal, or negotiate the purchase price due to the repairs needed on the property.

Over the years, many people have reached out to me who have had extremely angry sellers because the...

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Wholesaling Houses: Strategies For Building & Working A Cash Buyers List

wholesaling Jan 11, 2018

One of the life-changing habits in Stephen Covey’s best-selling book, The 7 Habits of Highly Effective People, is “Begin with the End in Mind.”

This highly effective habit directly applies to being a successful wholesaler! Many wholesalers actually go about wholesaling the wrong way.

 

Here’s the typical scenario for the average wholesaler:

1. Work extremely hard to find a deal to get under contract.
2. Finally get that deal in writing under contract.
3. Then market the deal to cash buyers hoping that it fits their buying criteria.

The glaring issue in this scenario is that the wholesaler first finds any deal they can get under contract and then tries to find the cash buyer that will buy it.

In this scenario the cash buyer they are marketing to may not even want the particular deal they have! How do you know that the cash buyer you are marketing will even buy in the zip code your property is in? How do you know your cash buyer has the funds available to...

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