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Articles For Aspiring & Active Real Estate Investors

Is Wholesaling Real Estate Legal In New York?

Wholesaling is simply a real estate investing technique that allows an investor to turn a profit by entering into a 'contract of sale' to buy real estate. This process requires an earnest money down-payment held in escrow. Once in contract, the buyer can then sell their right to purchase (known as equitable conversion) to an end buyer for a profit.

Often, the primary objective of a wholesaler is to enter in a purchase contract for real property, with a purchase price that is below market value – which may include a home in foreclosure or disarray.

When wholesaling real estate, the asset being sold is the buyer's contractual rights rather than the property itself.

While real estate as a wholesaling business is legal and offers a smart real estate investing technique to earn significant profits, the wholesale deal must be executed carefully with due diligence that weighs legalities appropriately and the anticipated outcomes.

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Real Estate Wholesaling Postcards: The (Ultimate) Guide

Being a successful wholesaler in the real estate market requires the perfect mix of patience and aggression.

In the age of the internet, you’d think the only way to expand your network is through e-mail marketing, podcasts, social media advertisements, Youtube videos, and phone calls.

Although those are all good networking tactics, I’m here to tell you about the unspoken method that can bring your wholesaling real estate business or side hustle to the next level.

Real estate postcards. Yes, it’s plain and simple.

By planting the seeds of success in the form of weekly or even daily postcards, your patience will pay off in the form of seller leads, contacts, investment opportunities, and off-market deals. And, when those opportunities present themselves, the successful investor will flip the script on a dime and aggressively attack.

This simple - yet lucrative - tactic of patience mixed with aggression can make you tons of money.

Enjoy Real Estate Wholesaling...

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Wholesale Real Estate Contract: The (Ultimate) Guide | Real Estate Skills

The real estate investing business attracts entrepreneurs far and wide because of its proven paths to generate wealth. Wholesaling real estate is an appealing strategy that many decide to take on because of its speed and simplicity in earning quick profits.

As a real estate wholesaler, the primary money-making tools in your business will be wholesale real estate contracts

These contracts, as well as wholesaling in general, may seem intimidating at first but don’t you worry! We will give you all the insight you need to be successful in this business.

Whether you're a real estate investor buying deals from a wholesaler or a wholesaler selling contracts, it'll be beneficial to get familiar with what these wholesale real estate contracts are and what they do.

We hope you enjoy Wholesale Real Estate Contract: The Ultimate Guide! Use this menu to jump to the section of your choice:

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Real Estate Side Hustle: The (ULTIMATE) Guide

Ever since the pandemic broke out and full-time life behind the Zoom screen became a reality, investors - professional and amateur alike - have been seeking out ways to make a little extra cash with their spare time.

Perhaps you are looking to ditch the 9-5 mentality we’ve grown up to believe in. Perhaps you are looking to scrape out a couple of extra bucks to make ends meet and help weather the Covid storm. Or, maybe you are just looking to tap into a new industry and make a nice return while contemplating your next professional move.

Regardless of your intentions, one of the ultimate side hustles out there you need to consider is within the real estate market.

Interested in learning more about real estate side hustles? Here's what you'll learn:

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Is Wholesaling Real Estate Legal In Georgia?

Georgia is considered one of the primary economic hubs of the southern United States. 

Centrally located between Florida, the Carolinas, and the Atlantic Ocean, the state is home to Atlanta, a modern, dynamic metro area that is Georgia’s capital and home to six million people.

According to World Population Review, the state also has the distinction of being the largest east of the Mississippi River and boasts a healthy homeownership rate of 63.3%

This means the housing market in Georgia remains strong, with lots of transactional opportunities for people considering a real estate career.

Many opt for a traditional career path, but others are also intrigued by the possibility of wholesaling real estate in Georgia as a viable alternative.

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Bird Dog Real Estate: The (Ultimate) Guide

Real estate investing is an exciting financial strategy for so many because it is a timeless and proven way to generate wealth in any economy. A 2021 PWC real estate study highlighted this confidence in the market, citing that almost 35% of current investors feel confident making long-term and strategic real estate decisions even in this uncertain environment. 

So it is no surprise that many seek opportunities to dive into the world of real estate investing and learn as quickly as they can. Real estate investments can be incredibly exciting and overwhelming at the same time, particularly for new investors trying to break into the industry.

Becoming a real estate bird dog is one strategy used by novice investors to learn their local markets while making money relatively quickly and easily compared to other investing strategies.

Many real estate wholesalers start out as bird dogs and progress into owning their own profitable wholesaling investing businesses as they gain skills,...

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Motivated Sellers: How To Find And Negotiate With Them | Real Estate Skills

According to the U.S. Census, nearly 31 million people moved in 2019. While not all are homeowners, at least one-third of those individuals were buying and selling their homes.

Additionally, the National Association of Realtors states that the main motivation for the people who sold their homes was due to proximity to friends and family (16%), small spacing (13%), and job relocation (11%).

With the number of people constantly moving around, finding a property for sale is the easy part. Identifying properties with motivated sellers is where you want to focus your efforts as a real estate investor in order to find incredible deals.

You're in luck because we are here to help you find truly life-changing real estate opportunities with this guide, Motivated Sellers: How To Find and Negotiate With Them. (Use this menu to jump to your section of choice:)

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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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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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Wholesaling Tax Delinquent Properties: The (Ultimate) Guide

Every property owner in the United States, regardless of the property size or if the mortgage is paid in full, will pay taxes on the land itself. In fact, property tax collection revenue accounts for 72% of all local tax revenue collected annually.

Real estate tax revenue is a foundational source of revenue for local counties to keep running. But what happens when property owners are unable to pay their property taxes? 

Tax delinquent properties can become a burden to the collecting county or state. However, savvy real estate investors understand that tax lien investing or wholesaling tax delinquent properties can provide a great solution to these motivated sellers while creating an optimal investment opportunity.

Often, investors who are willing to tackle wholesaling tax delinquent properties will also have experience working with distressed sellers on foreclosure or pre-foreclosure deals.

Interested to learn more about this untapped and profitable real estate investing...

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