Articles For Aspiring & Active Real Estate Investors
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.
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:
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...
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.
Wholesaling real estate has become a wildly popular real estate investment technique, primarily due to the fact that it fits hand-in-glove with the current cycle of the real estate market. As noted by FRED (Federal Reserve Economic Data), the third quarter of the median sales price of a home in the US in Q3 – 2021 has hit a new high – of $404,700, as follows (Note – the shaded areas indicate those times when the US economy hit a recession
The pandemic and the resulting shortage of homes inventoried for sale dropped to some of the lowest levels but has since recovered to about 5.7 months, as follows –
Wholesaling real estate as an investment strategy is also wildly popular with new investors for these reasons –
Meet Jeff from Austin, Texas! He's a Pro Wholesaler who's been wholesaling a few deals a month from the MLS ever since he implemented our MLS Offer System inside of the Pro Wholesaler VIP Program!
And if you've been seeing my emails for awhile, then you've seen several posts from Jeff showing off his wholesale checks from all the deals he's been wholesaling!
But I wanted to share this quick vid so you can hear from Jeff on how he's been wholesaling few deals a month consistently (without any marketing) & his honest review of the Pro Wholesaler VIP Program!
The MLS truly can be your #1 deal source whether you want to wholesale, fix & flip, or buy cash flowing rental property each month - just like it is for us & our students!
We love using the MLS as our main acquisition source because every single day there are new leads uploaded, which allows you to close multiple deals every single month - just...
As the digital era evolves, many real estate professionals and investors leverage software platforms to streamline a large portion of their business activities. From following up on leads to analyzing deals and evaluating property data, real estate software is making it easier than ever to make smart investing decisions.
However, an array of real estate investing websites and platforms currently exist —which can make it difficult to choose the right one for your investing goals. A real estate software platform exists for every type of professional, all promising to make your investing life easier, from wholesalers to house flippers and rental property investors.
To help you narrow down which platform suits your business needs, we'll review some of the most popular platforms currently available. In this article, we'll discuss the real estate investing software platform Realeflow in detail.
We'll look at its features and benefits, how it stacks up against the...
Real estate wholesaling has been splashed across investing headlines as the latest real estate investment strategy. But despite this media-induced hoopla, most seasoned investors know that this investment strategy is anything but new.
What has made real estate wholesaling a ‘hot topic’ is the fact that, as an investment strategy, wholesaling is an excellent fit for the placement of the current real estate cycle.
Understanding the cyclical nature of real estate investing helps real estate investors understand which strategy to deploy based on current market metrics and expectations. The real estate market is inexorably intertwined with the overall economy and is often impacted by domestic and global events – like Covid.
There are four phases to the real estate market’s cycle –
The current market, despite the pandemic, is currently located in Phase 2 – the Expansion Phase, the part of the cycle where prices peak – at the point where there is...
Many house flippers, wholesaling professionals, and traditional investors today use real estate investing software to leverage their businesses. Many of the software platforms currently available feature tools to help you find properties, generate leads, build investing websites or create a list of MLS comps.
You'll find a long list of companies offering real estate investing software, so it can get tricky to find the one that matches your business needs. In this article, we'll review a popular platform many investors use known as Propelio. Here is what you will learn:
Our Review of Propelio
Many high-performing investors use real estate investing software to find deals that produce consistent positive cash flow. Technology today has made it easier than ever to generate and track leads, examine financial records, access...
Wholesaling real estate has become a popular investment strategy for both new and experienced real estate investors. However, it is often preferred by newbies because, as a short-term strategy, it requires little in terms of capital investments – just an earnest money deposit that is held in escrow until the transaction is complete.
But, like all real estate investing, there are pros and cons to the practice and market factors that must be understood to be successful.
What Is Real Estate Wholesaling?
Real estate wholesaling is an investment technique in which an investor – aka – the wholesaler, enters into a real estate contract to buy a property - but chooses to assign the “rights awarded by the contract” (known as Equitable Conversion or Equitable Interest) to another buyer – with an assignment of contract, often before they have closed. The final buyer is known in the biz as the end buyer.
Real estate wholesale deals provide new investors the...
Successful real estate investors understand the concepts that define the real estate market’s cycles. This knowledge is pivotal in identifying emerging investment opportunities as the market enters each stage of its cycle.
The significant appreciation that the United States’ real estate market has experienced in the recent past is best understood by its entrance into the second stage of the cycle – Expansion - somewhere near the beginning of the 2020 pandemic.
It is noted that the market, at this time, bucked conventional wisdom as most world events (like Covid) that impact the global economy negatively ultimately impacts real estate in the same direction.
The recent measured growth and appreciation characterize the phase of expansion with robust market metrics that include -
"Stage 2" is defined as a seller’s market, which essentially means that...