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Articles For Aspiring & Active Real Estate Investors

What Is An Assignment Of Contract In Real Estate?

contracts wholesaling Jul 25, 2022

An assignment of contract is when one party (the “assignor”) has a contract to which they have certain obligations, and transfers those contractual rights to another party (known as the “assignee”).

In real estate, assigning contracts is an effective strategy to achieve an extremely high return on investment (ROI) for as little capital and risk as possible.

Click below and jump to your section of choice on the assignment of contract:

What Is An Assignment In Real Estate?

How Does Assignment Of Contract Work?

Is It Legal To Assign A Real Estate Contract?

Why Use A Real Estate Assignment Contract?

What Is An Assignment Fee In Real Estate?

Who Buys Real Estate Contracts?

How To Assign A Contract In Real Estate?

How Do Real Estate Wholesalers Get Paid?

What Is An Assignment Clause In Real Estate?

What Is Assignment Of Contract?

Assignment Of Contract Template

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What Is Transactional Funding? The (Ultimate) Guide

Have you ever wanted to get started in Real Estate but felt like you didn’t have the funds to get your foot in the door?

Have you ever wished there was a way to use other people's money to get your first deal?

In this guide, we will go in-depth on what exactly Transactional Funding is, how it works, how to find these lenders, and how you can benefit from it as a real estate investor & wholesaler.

Here's what we'll cover in The Ultimate Guide For Transactional Funding:

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What Is Wholesale Real Estate? The (ULTIMATE) Guide

"The real estate industry has helped create more millionaires than any other industry in America."

I'm not sure who said this exactly (do you??), but it tends to ring true!

However, I'm sure we can agree that real estate is one of the few industries which has various avenues to make money and build long-term, generational wealth.

Whether you're getting your license and becoming an agent, holding rental property and building equity, or finding fix and flip properties, there's a way for everyone to make money.

One of my favorite (and not so talked about) avenues to make money in this industry is called "wholesale real estate."

In this article, we get into detail all about wholesale real estate and if you're not wholesaling yet, we'll cover 5 main reasons why you should start today!

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Wholesaling Auction Properties: The (Ultimate) Guide

Real estate wholesaling auction properties can be a cost-effective way to build a real estate investment portfolio. Many of the properties offered for auction are homes facing foreclosure or otherwise distressed. Often, these homes can be purchased below market value.

In this article, you’ll learn how real estate auctions work, where to find auction properties for wholesale deals and how to wholesale real estate auction properties.

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Top 13 Best House Flipping Shows | Real Estate Skills

House Flipping TV Shows have become increasingly popular over the years! While house flipping shows are a great way to be introduced to the real estate industry, there is still lots to learn that’s not being covered on your television.

Flipping a house entails purchasing a home with the intention of renovating it and reselling it to make a profit.

Whether you’re planning to flip a house, or in the middle of a project, watching these shows can provide helpful instruction and inspiration.

Let’s give you the run-down on house flipping shows so you can see the reality behind it all!

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Wholesaling Mobile Homes: The (ULTIMATE) Guide

Mobile homes are considered to represent some of the most affordable home purchase options.

They are often located in communities of trailer parks, which are areas specifically designed for mobile homeowners that offer a variety of conveniences. Mobile homeowners usually rent a space for their mobile home so they can hook up to basic amenities, like power and water, etc.

The demand for mobile homes has been historically fickle –

wholesaling mobile homes demand

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Mobile home prices were on the rise even before the pandemic gripped the globe –

wholesaling mobile homes prices

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Mobile homes are still recognized to be among the least expensive housing options. However, this extraordinary interest in mobile homes is the result of many homebuyers being priced out of the traditional marketplace.

Since the beginning of 2020 and the pandemic, mobile home prices have continued to rise, hitting an average sales price of more than 123K near the end of 2021. The recent real estate demand across sectors has driven prices so high that...

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REIA Meetings - The (ULTIMATE) Guide

One of the best actions I took when I began my real estate investing endeavors was to attend as many REIA Meetings as possible. REIA Meetings will give you the opportunity to learn, grow, network, and build relationships with all types of real estate professionals in your local market!

Most importantly, REIA Meetings can help you take your real estate investing business to the next level.

You'll meet potential business partners, investors, cash buyers, sellers, private lenders, agents, wholesalers, mentors, and all types of real estate industry professionals!

Want more real estate deals whether you wholesale, flip houses, or buy rental properties?

Want to be taken seriously as a real estate investor in your market?

Want to meet potential mentors and partners that can help grow your business?

Want to beat the real estate investing learning curve & give yourself the highest likelihood of success?

Then read through The Ultimate Guide For REIA Meetings,...

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25 Questions To Ask Motivated Sellers: Investor’s (ULTIMATE) Guide

A motivated seller in real estate is an individual eager or desperately looking to sell their home. The desire to sell may be fuelled by a job opportunity in another state or country altogether, the need to clear a mortgage before foreclosure, or because it’s a distressed property, and they want to get it off their hands. 

Whatever their reason may be, it doesn’t always mean their property is fit for your investment. Also, just because they’re motivated to sell doesn’t mean they’ll accept your offer. Asking the right questions is key to ensuring you don’t purchase property too tricky to work with while steering the seller in the right direction. 

We compiled a list of 25 questions to ask motivated sellers, starting with tips to help you build rapport with them. 

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How To Wholesale Real Estate Step By Step: (ULTIMATE) Guide

If you are eager to start making money in real estate quickly, real estate wholesaling might be the solution for you. Wholesaling is the perfect way for individuals to get their feet wet in the real estate investing industry.

Wholesaling is an opportunity to make quick cash without the hassle of buying properties and taking possession of them. Although, with any new business opportunity there are pros and cons to the process so doing your research is essential.

If you are passionate about how you too can take this leap of opportunity, follow along as we will teach you how to wholesale real estate step by step!

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