Real Estate Blog

While real estate wholesaling is not an entirely new idea, it is a relatively new phrase within the mainstream real estate community. 

Wholesaling houses and other real estate is the process by which a real estate investor agrees to purchase real property as follows –

• By placing an earnest money deposit in an escrow account when signing a purchase contract,
• And then selling the rights (and obligations) delineated in the contract of this real estate deal to a new buyer – often referred to as the end buyer.

Established wholesalers often have a curated buyers list of ‘ready and willing’ potential buyers through wholesale properties and transactions previously accomplished.

A buyer’s ability to sell their rights in a contract of sale is allowed under what is referenced in the real estate investing business as the Doctrine of Equitable Conversion.

Source – quimbee.com

A real estate wholesaler in the wholesaling business seeks to purchase real...

Lauren & Darrell are from the Gulf Coast of Mississippi and virtually wholesale real estate using our MLS Offer System in Alabama!

Within 3 weeks of joining the Pro Wholesaler VIP Program, they were able to wholesale their first house from the MLS for $7,600. Less than 30 days later, they wholesaled their second house from the MLS for $12,800!

From their success, Darrell has been able to quit his full-time job of working 60+ hours a week to now working from home full-time. Now he gets to dictate his schedule, spends more time with his family, makes more money, and works when he wants.

Hope you enjoy Lauren & Darrell's review & testimonial about the Pro Wholesaler VIP Program!

Here's Lauren & Darrell sharing their check from the second house they wholesaled!

If you're willing to invest in yourself & are looking to consistently wholesale houses every single month, then schedule a one-on-one strategy session call with our team today to see if you're the right fit...

Real estate wholesaling is an investment technique in which a real estate investor enters into a legally enforceable contract to buy a home but then sells their right to purchase the property, in accordance with the terms denoted within the contract and the legal concept known as the Doctrine of Equitable Conversion, which is defined as:

Source: Law Shelf

The law determines that the ‘equitable title’ has changed owners when the contract has been signed, with the legal title remaining until the deed is transferred. This is because the time that exists between two critical events: 

• The execution of a contract for the sale of real property
• The delivery of the deed and marketable title to the buyer

It is a time when the property’s ownership has hit a bit of a gray-legal area, during which the property exists in a state of limbo between– the seller and the buyer. This is because – during this specific time, the seller has possession (and use) of the...

As a real estate investor, you’ll want to stick to certain principles that will give you a leg up against your competition. Abiding by these rules will not only raise your chances of achieving financial freedom, but will increase the speed, precision, and accuracy with which you make your decisions. This will free up more time for other profitable opportunities.

One such rule is the Maximum Allowable Offer Formula (MAO Formula) - a rule that will surely make you a better and more effective real estate investor.

• What Does MAO Mean in Real Estate?
• What Is The MAO Formula?
• How To Calculate The Maximum Allowable Offer?
• What Is The MAO Wholesale Formula?
• Can You Use The MAO Formula For House Flipping?
• How To Create A Maximum Allowable Offer Spreadsheet
• Final Thoughts

What Does MAO Mean in Real Estate?

The Maximum Allowable Offer (MAO) is a tried-and-true calculation real estate investors use to determine the price they would like to offer on a particular...

Meet Pat from Sacramento, California - he's a leading example of someone who takes action and gets results in the Pro Wholesaler VIP Program.

In this video, Pat mentions how he has been able to wholesale 8 deals in the last 3 months and is now on his way out of his "full-time job" since he's had so much success!

Like many of our Pro Wholesaler Members, Pat utilizes our MLS Offer System to consistently get wholesale, fix & flip, and buy & hold deals from the MLS.

Hope you enjoy Pat's review & testimonial on becoming Pro Wholesaler!

If you're looking to consistently wholesale houses every single month, then schedule a one-on-one strategy session call with our team today to see if you're the right fit for the Pro Wholesaler VIP Program!

--- Pro Wholesaler VIP Program Review Transcription ---

Pat G. (00:00):
My name is Pat and I'm located in Sacramento, California. The market I am wholesaling in is Sacramento County. So pretty much,...

Wholesaling real estate is a smart way to get your feet wet in the world of Kansas real estate investing. However, like any new business venture, an entrepreneur or investor must be aware of the investment technique’s benefits, as well as those issues to avoid!

The real estate wholesaling business is simply a technique in which – the real estate wholesaler executes a contract of sale with a seller but then seeks to assign the rights and obligations delineated within this real estate contract to another buyer – an end or cash buyer by executing an assignment of contract. Wholesalers typically find prudent wholesale properties from motivated sellers – those with a strong personal/financial need to sell the property pronto below market value!

The art of real estate wholesaling is often characterized as the actions of a middleman, but one of the best ways for individuals to break into real estate investing in Kansas because it does not require...

If you’re interested in real estate investing and are looking to own real estate, become a house flipper, or buy an investment property to rent out, you might be asking yourself: “Do I need a real estate license to get the job done?”

Investment sales requires a license, real estate rental brokerage requires a license, and being a lender requires a license. But, what about flipping houses?

Well, you’ve come to the right place.

If you are someone who wants to become a successful real estate flipper and buy good real estate investments either as a side hustle or a full-time gig, you must understand the ins and outs of the business. And, that first step is understanding the license requirements - if any - needed to crush it in the house flipping business.

Let’s dive in.

• Can You Flip Houses Without A Real Estate License?
• Should I Get A Real Estate License To Flip Houses?
• What Certifications Do You Need To Flip Houses?
• Can A Realtor Flip Houses?
• What Can I...

Real estate wholesalers employ an investment strategy in which they enter a purchase contract as a buyer but then seek to find another buyer – an end buyer to which they can then assign their rights (known as equitable interest) provided under the original contract with the use of an assignment of contract. Because successful real estate investors who use this strategy may have several properties working simultaneously, they are referred to as 'wholesalers.'

Real estate wholesaling differs from the more well-known real estate investment strategy of house-flipping. The difference lies in the fact that many real estate wholesalers can turn a profit without ever taking title to the property, which effectively reduces potential risks (and significant liabilities) created by the tasks required to fix up a property – even if the renovations are somewhat insignificant.

Often real estate wholesaling professionals will enter a contract that is assignable (as defined by the...

Before considering wholesaling as a form of real estate investing in Indiana, you need to know if it is legal so you don't get on the wrong side of the law.

In this article, we'll answer the question: Is Wholesaling Real Estate Legal in Indiana?

• What Do You Need to Know About Wholesaling In Indiana?
• Is Wholesaling Real Estate Legal In Indiana?
• What Are the Wholesaling Laws In Indiana?
• Do You Need a License to Wholesale Real Estate In Indiana?
• Is Co-Wholesaling Real Estate Legal In Indiana?
• Is Reverse Wholesaling Real Estate Legal In Indiana?
• Indiana Wholesale Real Estate Contract
• Final Thoughts

What Do You Need to Know About Wholesaling In Indiana?

As the 17th most populous state in the U.S, Indiana presents many opportunities for wholesale real estate investments. In 2019, approximately 36,722 new residents moved to the state, bringing its total population to 6.73 million. Projections also show that by 2050, the state will have recorded a 10% increase in population,...

Strategically located as a jumping-off point for commerce headed throughout the United States, Oklahoma has enjoyed healthy economic growth in recent years. 

Due to this growth, the Sooner State offers a wide range of opportunities for people looking to enter the real estate field.  Warm weather, wide-open spaces, and affordable prices are a dynamic combination that spells success for agents, brokers, and wholesalers willing to work hard.

If operating a wholesaling business in Oklahoma sounds like an appealing career option for you, here’s what you should know as you weigh your options. 

• What Do You Need To Know About Wholesaling In Oklahoma?
• Is Wholesaling Real Estate Legal In Oklahoma?
• What Are The Wholesaling Laws In Oklahoma?
• Do You Need A Real Estate License To Wholesale In Oklahoma?
• Is Co-Wholesaling Real Estate Legal In Oklahoma?
• Is Reverse Wholesaling Real Estate Legal In Oklahoma?
• Oklahoma Wholesale Real Estate Contract
• Final Thoughts

What...