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Articles For Aspiring & Active Real Estate Investors

How To Wholesale Your First House Interview - Pro Wholesaler VIP Students: Stevie & Richard

 

Meet Stevie & Richard from Florida. They're both awesome members of our Pro Wholesaler VIP Program and recently wholesaled their first house!

Stevie, Richard, & I sat down to chat about how they were able to go from knowing zilch about wholesaling houses to wholesaling their first house in Florida.

The best part is: they made more money from wholesaling this house than what the real estate agent made on the deal!

If you've ever wondered how to get your first wholesale deal, then you're in for a real treat!

In this video interview, we discuss: 

  • How they met through our Pro Wholesaler VIP Community
  • How they wholesaled their first house
  • How they found the Cash Buyer for this wholesale deal after their original Cash Buyer didn't want it
  • How they both utilize our 2x a week Pro Wholesaler VIP Q&A Calls to continue learning and get feedback on their deals
  • How all Cash Buyers aren't created equal and what to look for in Cash Buyers
  • How you don't have to have...
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Is Wholesaling Real Estate Legal In South Carolina?

South Carolina is a beautiful and diverse state, steeped in history and with picture-perfect small towns, and friendly locals everywhere you go.

Many people call the Palmetto State home, and more people want to live here than ever before.  The same holds true for the entire southeast United States, as more and more people migrate to nearby states such as North Carolina, Georgia, and Florida.

That means there are all kinds of opportunities to do well in the real estate industry.  Many people make a great living as traditional agents and brokers, others as real estate investors.

Still, more and more, many people are looking for a flexible alternative which is why many people are exploring real estate wholesaling as a possible career.

The first questions many people ask is whether or not wholesaling is legal in South Carolina?

And if so, what else do I need to know?

Here are some of the answers for you.

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How To Find Distressed Properties To Buy | Real Estate Skills

Finding a property to wholesale or invest in is a tricky task for those getting into real estate for the first time. The truth is, real estate investors are always trying to find new ways to obtain the best deal, whether it's their first house or one-hundredth investment property!

One of the most reliable and consistent methods to land great deals is by focusing your efforts on acquiring distressed properties.

No matter what type of distressed property you're going after, many investors aim to buy something that needs work, improve it, then rent or flip the house to turn a profit. 

According to research done by ATTOM Data Solutions, while the national house flipping rate dropped in 2020, the average gross profit increased to $73,766 profit per flip and has been hitting record highs since 2000!

While it does take time and resources to renovate and resell these kinds of properties, the return on...

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Murder House Flip: What's The Business REALLY Like? | Real Estate Skills

Looking for a way to be entertained while also conveniently gaining insight on how you may be able to earn a profit? House flipping shows, such as Murder House Flip, may be a good starting point for you! 

As there are various house flipping shows on air nowadays, it is important to understand what perspective you are intrigued and entertained by. Hopefully, this type of entertainment inspires you to take matters into your own hands.

If you are into mystery and crime, then Murder House Flip may be a great show for you! It's a series where true crime meets home renovation, and we have got everything here for you to know what this business is really like! 

Hope you're enjoying Murder House Flip - What's The Business Really Like! (Use this menu to jump to the section of your choice:)

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Wholesaling 101: How Jeff Made $5k In Less Than 3 Weeks From Wholesaling Houses (Pro Wholesaler VIP Student)

Most people wholesaling houses use "hope marketing" or "random acts of marketing" to get deals and it's all a big game of chance. 

This in-depth interview shows you how my students get multiple houses to wholesale every single month like clockwork.

I've taken the vague topic of "getting wholesale deals" and turned it into an exact science with devastating predictability. And this interview gives you a great look at my process from start to finish, including my "Discovery Call Script" which we & our students have been using for the last decade to complete over $80m in transactions.

This interview is no joke if you want to wholesale & flip houses from the MLS!

Jeff shares how he made $5k within 3 weeks of joining the Pro Wholesaler VIP Program. Not a bad start!

Key Takeaways from the interview:

  • How to get houses to Wholesale & Flip predictably from the MLS
  • How Jeff got his first deal in 3 weeks using the Pro Wholesaler System and made a quick $5,000 wholesale fee
  • ...
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What Is The 70% Rule In House Flipping? | Real Estate Skills

House flipping, when done correctly, can be an extremely lucrative way of generating market-beating profits in a very short time frame.

Like most real estate investing decisions, the investor must act with precision and a scrupulous dedication to expense management.

Believe me, making a 15% or better return in a 6 month timeframe is nowhere near out of the question. All you need to do is abide by the holy grail of house flipping - the 70% Rule.

 

What Is The 70% Rule In House Flipping?

The 70% Rule is a rule of thumb that helps real estate investors find attractive real estate investments, appropriately budget their costs, and ensure they make a substantial profit along the way. It’s a great rule for a house flipper to...

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Is Wholesaling Real Estate Legal In Alabama?

Located deep in the heart of Dixie, Alabama is a thriving epicenter for all manners of commerce. 

Locals enjoy warm weather and a relaxing prototypical lifestyle that attracts many people to the ‘Bama way of life.

That creates a healthy demand for real estate, and while many people work in this field following a traditional path as a broker or agent, several others want to know about breaking in as a wholesaler.

The prospect of a flexible and potentially lucrative career as a wholesaler starts with a single question.  Can I even become a real estate wholesaler in the state of Alabama?

Let’s take a look at the answer to that question and several more.

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Wholesaling Cold Calling Script: The (ULTIMATE) Guide

One of the biggest fears of newbie real estate investors is getting a conversation started with a potential property owner. Many real estate investors shy away from cold calling for fear of rejection.

A 2019 sales study found that over 40% of sales professionals consider initial prospecting---including cold calling---to be the toughest part of the entire sales process.

When done correctly, cold calling can be an effective part of a real estate investor’s overall lead generation strategy.

For this strategy to work in real estate investing, the investor must consider a few elements: 

  1. The wholesaling cold calling script that is being used.
  2. The target homeowner or property being focused on.
  3. The follow up after the initial phone call to continue showcasing value and ultimately win the business.

Read on below to learn more about creating the ultimate Wholesaling Cold Calling Script!

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Is Wholesaling Real Estate Legal In Colorado?

The great thing about a career in real estate is that there are many avenues you can pursue to make a living.

Some people choose a traditional route, get their real estate license or broker’s license, and do quite well buying and selling all types of properties in Colorado.

However, there are many other ways you can also succeed in real estate as well.  One of these is wholesaling, which has gained more attention in recent years as people look for flexible and creative ways to pursue a full-time real estate investing career.

If you’re considering wholesaling as an option, the first and most basic question is whether or not wholesaling is legal in Colorado.

Here’s what you need to know.

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How To Become A Real Estate Investor: (ULTIMATE) Guide

For centuries, real estate investing has been at the forefront of building tremendous generational wealth. Some of the nation’s wealthiest and most prominent individuals have created their empires through years of buying, selling, and developing land and buildings. Now, media companies and television shows have picked up on the action with popular productions like Million Dollar Listing, Selling Sunset, Flip or Flop, and Love It or List It.

It seems as if whichever way you look, there are people generating market-beating returns strictly investing in real estate. But, are there even any opportunities left in the market?

While walking around large cities such as New York, London, and Tokyo and viewing the remarkable multi-million dollar skyscrapers, exquisite atriums, and impressive office buildings, the aspiring small-time investor can easily be discouraged. We at RealEstateSkills are here to tell you the opportunities are boundless and it’s time you too learn how to...

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