Articles For Aspiring & Active Real Estate Investors
Wholesaling real estate is an investment strategy that has been incredibly popular lately as it fits hand-in-glove with a seller’s market, characterized by rising home values, strong demand, and low inventory.
If you live in a neighborhood or real estate market where condominiums are mainstream investments, wholesaling real estate is still a viable investment strategy. However, there are a few wrinkles in the wholesale condo process that differ from wholesaling single-family or multi-unit wholesale properties.
The narrative that follows clarifies how to avoid potential pitfalls when wholesaling condominiums that may impede a wholesale transaction as it moves towards completion.
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.
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.
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.
Undoubtedly, choosing to join the often-profitable real estate investing world by learning to wholesale is a great entry investment strategy for new or even seasoned investors. For those who would like to enter the market well-prepared, there are many in-person and online courses from which to choose.
So, how can you determine which of the various best wholesale real estate course options is the right fit for you? The answer to this insightful question follows in the narrative below.
Who doesn’t love the idea of owning dozens of rental properties, receiving rental income from tenants, month after month after month? Whether you’re purchasing your first investment property or your hundredth door, every smart investor must understand how to calculate ROI on rental property.
In this guide, we’ll dive into the fundamentals of income real estate analysis from the perspective of the investor. You’ll learn how to run the numbers on a rental property, understand how to calculate return on investment, as well as gain a reasonable expectation for the rate of return you should receive when owning a rental property over the long term.
So, grab your calculator and get ready to take notes. You’re about to learn the skills that can make you a real estate millionaire.