Real Estate Blog

Wholesaling real estate is currently one of the most popular real estate techniques - reaching the upper echelon of profit-generating strategies, along with its sister strategy, the fix and flip.

What Is Real Estate Wholesaling?

Real estate wholesaling is simply a type of real estate investing strategy in which an investor executes a legal contract to purchase an investment property – single-family, rental property, a multi-unit property, or otherwise. But before closing on the first purchase contract, they choose to assign their right to purchase the property to another end buyer.

The difference that exists between the two sale prices is known as the defined gross profit. Wholesale properties are often sold to other potential buyers from a curated cash buyers list.

A fully executed real estate contract awards the purchaser/wholesaler with a bundle of rights to purchase the property through the Principle of Equitable Interest or the Principle of Equitable Conversion. The sale...

In real estate wholesaling, an assignment fee is a financial obligation from one party (the “assignor”) who agrees to transfer their contractual obligations to another party (the “assignee.”)

In layman’s terms, the assignment fee is the fee paid by the end buyer to the real estate wholesaler. This fee is for the wholesaler’s professional service of finding a property. The wholesaler then transfers completion of the intended purchase to the end buyer as outlined in the contractual obligation. 

It doesn’t take much research to notice trends in real estate. According to the Bureau of Labor Statistics (BLS), workers in wholesale sectors will continue to be in demand as these occupations remain critical.

Regardless of where the economy heads, how much more will real estate wholesalers need to be at the top of their game?

To help fortify your foundation, in this article you’ll gain greater awareness of: 

• Why real...

Wholesaling real estate as an investment strategy has become one of the preferred real estate investments in today’s real estate market. Its popularity is because real estate investors who choose to wholesale –

• Have easy access to available wholesale properties in a digital landscape that includes online auctions, foreclosure info sites, and websites like Zillow and Redfin, among others.
• Have only small capital requirements to complete the wholesale deals in terms of the earnest money deposit given in good faith.
• And perhaps, the most important aspect of the current market – located in Stage 2 of a robust expansion stage of a real estate cycle –

Current Real Estate Market Metrics at the National Level

According to the Core Logic HIP index (an indicator designed to demonstrate early home price trends), prices for real estate and homes in the United States have increased 18% between September 2020 & September 2021.

Remarkably, this year-over-year...

Anything that claims it can help you streamline your real estate investment business is worth a closer look. REI BlackBook promises to do just that. 

Built for wholesalers, rehabbers, and landlords, REI BlackBook has gained the attention of more than 12,000 real estate investors across the country, who cite the software's simplicity, strong customer service, and efficiency among its strengths.

Let's dive into our REI BlackBook review so you can see what this popular platform is all about.

• What Is REI BlackBook?
• REI BlackBook Software Features and Benefits
• How Does It Compare Against Competitors?
• REI BlackBook Software FAQ
• Is REI BlackBook Worth It?

...

The real estate market in the United States has been firing on all cylinders for the past several years, bucking conventional wisdom in the face of what is usually an extremely disruptive economic pandemic.

And while the cyclical nature of real estate is not front-page news to investors and economists, anyone paying attention to the current market recognizes it for what it is – a seller’s market characterized by expansion and appreciation as noted below in STAGE 2-

A ‘seller’s market’ offers real estate wholesalers a ‘prime time opportunity’ for investing because Stage 2’s property appreciation is robust and meets the most salient requirements of a successful wholesale deal.

Wholesaling real estate is a type of investment technique in which an investor, acting as a middleman, follows these steps –

• They find a rental property or an investment property that is listed for a price below market value, usually because the owner is...

What do you do when you find a hot fixer-upper you can flip for some good buck, but the owner is in absentia? Well, you could always dedicate an entire afternoon to browsing local property owner records at the tax assessor's office, or you can use skip tracing software and find the info you need in minutes.

Don't know of a good one? Check out our honest review of REISkip to determine whether it can work for you.

• What Is REISkip?
• REISkip Software Features and Benefits
• How Does It Compare Against Competitors?
• REISkip Software FAQs
• Is REISkip Worth It?

What Is REISkip?

REISkip is a popular skip tracing service designed to help real estate...

Our Review of REIPro

Investing in real estate can be a challenging and time-consuming venture. It involves hard work, a strategic mindset, and relentless effort to succeed in this industry. Even seasoned real estate investors know that the whole process, from generating potential leads, cultivating relationships with motivated sellers to securing hot deals, is not something you can achieve without any outside help.

If you have been searching for reliable and functional real estate software to help you optimize your investing business, then you may have heard of REIPro.

• What Is REIPro?
• REIPro Software Features and Benefits
• How Does It Compare Against Competitors?
• REIPro Software FAQ
• Is REIPro Worth It?

What Is...

Meet Stacey!  She's a member in our Pro Wholesaler VIP Program from Northern California!

In this interview, Ryan Zomorodi (COO & Co-Founder of Real Estate Skills) covers:

• How Stacey got her first wholesale deal under contract from the MLS for $450,000 BELOW the listing price!
• Stacey's experience following the Pro Wholesaler VIP Process "to the T" and wholesaling a $1,050,000 deal using none of her own money & without having to do any marketing
• How Stacey made $20,000 in less than 90 days by implementing the MLS Offer System.
• How she's finding Cash Buyers that are thrilled to pay her no less than $20,000 per wholesale fee
• Stacey's plan to use wholesaling to accumulate capital for building her Airbnb property portfolio and boutique hospitality brand!

-- Pro Wholesaler VIP Program Review Video Transcription --

Ryan Zomorodi (00:00:09):
All right. I'm here with Stacey who's an amazing member of our Pro Wholesaler VIP Program who's...

If you're looking for the best real estate deals, you may want to spend some time on Foreclosure.com. Here's a comprehensive software review to provide you with more information. 

• What Is Foreclosure.com?
• Foreclosure.com Software Features and Benefits
• How Does It Stack Up Against Competitors?
• Foreclosure.com Software Frequently Asked Questions (FAQ)
• Is Foreclosure.com Worth It?

...

Whether you're a new investor or you've been at it for a few years, today we're going to take you through PropertyRadar, one of the most popular tools for real estate prospecting. Here's our software review of PropertyRadar.

• What Is PropertyRadar?
• PropertyRadar Software Features and Benefits
• How Does It Compare Against Competitors?
• PropertyRadar Software FAQ
• Is PropertyRadar Worth It?

What Is PropertyRadar?

Founded in 2007 by Sean O’Toole, PropertyRadar is a real estate software solution for home services professionals, including ...