Real Estate Blog

Engaging with potential property owners, especially when you're new to the real estate game, can seem quite daunting. The looming threat of rejection or tripping over your words often discourages many novices from venturing into cold calling. But let me reassure you with some compelling statistics that prove the efficacy of this tried-and-true method.

Hubspot’s 2023 Sales Trend Report recently revealed that an impressive 69% of buyers have been open to cold calls from new providers. Furthermore, it's not just entry-level buyers we're talking about - 57% of high-ranking C-level buyers prefer to be contacted by phone.

Now, here's a stat that really drives home the importance of cold calling – businesses that don’t cold call saw 42% less growth compared to their cold-calling counterparts. However, it's crucial to remember that cold calling is a marathon, not a sprint. Persistence is the name of the game, as it can take about eight cold calls on average to finally...

"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!

• What Is Wholesale Real Estate?
• How Does Wholesale Real Estate Work?
• How To Wholesale Real Estate?
• How To Wholesale Real Estate With No Money?
• What Types Of Real Estate Can I Wholesale?
...

In the past decade, technology has completely transformed the real estate industry. According to the National Association of REALTORS®, 52% of home buyers in 2019 found the home that they purchased through the internet. It's also no surprise that more and more people are working from home now than ever before.

What if we told you about an emerging group of real estate investors doing deals remotely all over the country in places they’ve never been before, buying properties they've never laid eyes on, yet are making incredible sums of money to the tune of $10,000, $20,000, $50,0000, and even $200,000 per deal?

In this Real Estate Skills exclusive article, we’re going to pull back the curtain and reveal the techniques these long-distance real estate investors would rather keep a secret – we’re talking about a real estate strategy called virtual wholesaling.

I have personally used this virtual wholesaling process to complete...

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...

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...

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...

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.

• What Do You Need To Know About Wholesaling In New...

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...

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.

• What Do You Need To Know About Wholesaling In Georgia?
• Is Wholesaling Real Estate Legal in Georgia?
• What Are The Wholesaling Laws in Georgia?
• Do You Need A Real Estate License To Wholesale In Georgia?
• Is Co-Wholesaling Real Estate Legal...

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:)

• What Does “Motivated Seller” Mean In Real Estate?
• What...