Real Estate Blog

Wholetailing? Is that a typo? You mean wholesaling, right? Not necessarily!

Wholetailing is a hybrid real estate concept in the world of real estate investing. Wholetailing combines the principles of wholesaling and rehabbing a distressed property.

It is a relatively newer investing concept and is utilized by novice and experienced real estate investors alike. Wholetailing is a unique strategy because it allows a lot of flexibility around purchasing, financing options, potential buyers, and investing exit strategies.

Wholetailing can also be part of a larger strategic financial portfolio, providing passive income and financial security to your family for many years to come. 

With average life spans increasing every year (now at 78 years old), it is critical for investors to create thoughtful and sustainable portfolios now.

In this article, you will learn all of the benefits of adding wholetailing to your real estate investing strategy, including: 

• Accessing a wider...

Pocket listings are one of the unique and controversial methods of buying and selling real estate.

The “pocket” side of the term is metaphorical. It is essentially a listing represented by a real estate agent who is exclusively selling a property without advertising it to the general public.

Thus, they are said to be keeping the property in their pocket to maintain privacy and sell only to a limited buyer pool.

The National Association of Realtors (NAR) found that up to 30% of all listings are believed to be pocket listings in some real estate markets.

This method of selling keeps properties very low-profile, which may be a preferred method of buying and selling for some. For others, they are perceived as a disservice to the real estate market as a whole.

If you're eager to learn all about pocket listings and how to benefit from them in your business, then look no further.

Read on and enjoy What Is A Pocket Listing? The Ultimate Guide! (Use the menu below to jump to the...

In the real estate business, there are plenty of acronyms and lingo that may sound like a foreign language. In fact, Redfin's Real Estate Glossary has over 200 different terms!

Real estate investors, in particular, seem to have their own way of speaking that leaves most real estate agents scratching their own heads.

Wholesalers, house flippers, and property rehabbers pay special attention to a term that has a major impact on their business and that's ARV! If you want to learn more about flipping houses, this acronym is definitely something you should get familiar with!

Understanding a property's ARV can save you a ton of money and give you peace of mind knowing you are making the right investment decision. Without it, you are playing a dangerous game that could lead you devastated.

That's why we are providing you with this in-depth article to help ensure you make the right moves in this simple yet complex real estate investing...

Getting started in the real estate business might seem intimidating if you’re not sure where to begin, but the truth is there are many strategies to become a successful real estate investor. One traditional yet simple real estate technique to start making some cash is called driving for dollars.

According to the National Association of REALTORS®, about 5.34 million existing homes were sold in the U.S. in 2019 compared to just 4.34 million in 2009. With this growing demand in the last decade, there’s no doubt that you'll land a great real estate deal using the right approach.

Driving for dollars is an extremely effective method to make money and start investing in real estate. In fact, you most likely already have the items needed to start right now!

Buckle up and enjoy What Is Driving For Dollars: The Ultimate Guide because you’re in for a real treat. Use this menu to jump to your section of choice:    

• 1. What...

According to a survey from American Land Title Association (ALTA), 50% of homebuyers chose their title company, while 35% of those who didn’t choose said they had help from a Realtor to select one.

The process of buying and selling homes can get complicated. That's why you need to have a reputable title company on your team to help you through these important transactions.

If you've been around the real estate business, you've certainly worked with a title company in some capacity. But, you may still wonder:

What exactly is a title company? What does a title company do? What is a title company responsible for? What is title insurance? How do I benefit from working with a title company? What does title to a property mean? How do I choose a title company near me?

You're in luck because you're about to enjoy What Is A Title Company: The Ultimate Guide! Use this jump menu to get to the section of your choice:

• 1....

For Sale By Owner (FSBO) is a term used in the real estate world that is the epitome of independence in the process of selling a home.

Why? This is due to the fact that 89% of home sellers work with a real estate agent to sell their home. 

What if we told you that it doesn’t take an expert to sell your house?

That’s right! Selling your home following the best practices of FSBO can put more money in your pocket, rather than hiring someone else to do it for you.

We're talking about thousands of dollars potentially saved on the sale of your home. Who doesn't like saving money? But, you need to know what you're doing.

Now that we have your attention, we'd like to present: What Is FSBO? - The Ultimate Guide! Use the menu below to view different sections within the article:

• 1. What Is FSBO?
• 2. What Are FSBO Homes?
• 3. How To Sell A House For Sale By Owner? (8 Steps)
• 4. Can You List A FSBO On MLS?
• 5. How Much Does FSBO Cost?
• 6. What Is The Difference Between...

For 99% of the population, buying a home is the largest and most important purchase they will make in their lifetimes. The property will cost you a lot of money so you want everything to go as smooth as can be when buying a home.  As a real estate investor, you may want to add contingencies to your home offer contracts so that you have a way out of the deal if needed.

When the seller accepts your offer on a house, you will enter into a sales contract in order to complete the purchase. The contract will include things like the sale price, the amount of the earnest money deposit, and the length of escrow. Since most real estate transactions involve contingencies, you'll want to learn about the contingencies that protect yourself as a buyer.

If you are looking to buy a home, you should ask yourself questions like: What Are Contingencies? What Are Some Common Contingencies? What If I Don’t Include Contingencies In a...

As we've learned from rehabbing and flipping hundreds of properties, the success of major home improvement projects largely depends on the contractor you hire.

Yet, not all working contractors are qualified to do the job. Some may have a friendly demeanor over the phone and offer you a great deal, but then cut corners on the job site, leaving you in the dark about their progress.

With money and time on the line, it’s imperative to find a highly-qualified, competent professional you can trust with your unique job. Here are nine red flags you shouldn’t ignore when hiring a contractor for your home renovation.

• 1. Lacks Contact Information
• 2. Demands Unreasonable Payment Up Front
• 3. Solicits Your Home
• 4. Lacks Permits
• 5. Can’t Present Proof of Insurance
• 6. Refuses to Sign a Contract
• 7. Has Outdated or Missing References
• 8. Lacks a Website, Portfolio, or Reviews
• 9. Communicates Poorly

1. Lacks Contact Information

At a minimum,...

I recently had the pleasure of interviewing my Pro Wholesaler VIP Program Student & Client, Chris, on how he successfully completed his first wholesale real estate deal and made $5,000 of profit!

Additionally, Chris has another deal under contract that he acquired from the MLS and plans on making an additional $5,000 from this deal, as well.

Chris is also a licensed real estate agent, and joined the Pro Wholesaler VIP Program in order to make more money, and to get more deals!

Chris is well on track to having his first $10,000 month of profit as a Pro Wholesaler! 

Watch the interview above on how Chris became a Pro Wholesaler and now crushes it at wholesaling real estate!

Here's what we cover in the interview:

• How Chris wholesaled his first house & made $5,000 profit.
• How Chris got his 2nd wholesale deal under contract from the MLS at $40,000 below the the list price.
• The #1 Real Estate Skill you need to develop to become successful...

Ever been interested in buying a home in a competitive market but weren't sure how to make your offer stand out from the rest?

One of our favorite methods is to make an offer with a substantial earnest money deposit!

An earnest money deposit is a proven way to show a seller you are interested in buying their home.

It shows a level of commitment from the buyer and acts as security for the owner when agreeing to sell their property to a particular buyer.

Continue reading Earnest Money Deposit: The Ultimate Guide! Use this menu to jump to your section of choice: 

• 1. What Is An Earnest Money Deposit?
• 2. How Much Earnest Money Deposit Is Enough?
• 3. Why Should You Pay An Earnest Money Deposit?
• 4. Who Do You Give Your Earnest Money Deposit To?
• 5. Is An Earnest Money Deposit Check The Only Way To Pay?
• 6. Is Earnest Money Deposited Right Away?
• 7. Is A Larger Earnest Money Deposit Amount Better?
• 8. How Can You Lose Your Earnest Money Deposit?
• 9....