Articles For Aspiring & Active Real Estate Investors
For decades, Florida has remained one of the most attractive places to live in America.
The perfect mix of a mild climate, economic opportunities, a growing population continues to create a dynamic mix of opportunities for millions of people.
New building is booming with almost $20 billion in non-residential construction and another $33 billion in residential construction in 2019, placing Florida sixth in the United States. Building permits also continue to grow at a double-digit pace, further strengthening the housing, transportation, manufacturing, and other related sectors.
The bottom line is that there is a sustained healthy demand for real estate from top to bottom in the Sunshine State. New investors looking for bargains at or below market value are plentiful and real estate investing remains an attractive and profitable venture for many people.
Many Floridians are cashing in on this demand, enjoying traditional paths in the real estate field as brokers or...
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.
Finding a property to wholesale or invest in is a tricky task for those getting into real estate for the first time. The truth is, real estate investors are always trying to find new ways to obtain the best deal, whether it's their first house or one-hundredth investment property!
One of the most reliable and consistent methods to land great deals is by focusing your efforts on acquiring distressed properties.
No matter what type of distressed property you're going after, many investors aim to buy something that needs work, improve it, then rent or flip the house to turn a profit.
According to research done by ATTOM Data Solutions, while the national house flipping rate dropped in 2020, the average gross profit increased to $73,766 profit per flip and has been hitting record highs since 2000!
While it does take time and resources to renovate and resell these kinds of properties, the return on...
Located deep in the heart of Dixie, Alabama is a thriving epicenter for all manners of commerce.
Locals enjoy warm weather and a relaxing prototypical lifestyle that attracts many people to the ‘Bama way of life.
That creates a healthy demand for real estate, and while many people work in this field following a traditional path as a broker or agent, several others want to know about breaking in as a wholesaler.
The prospect of a flexible and potentially lucrative career as a wholesaler starts with a single question. Can I even become a real estate wholesaler in the state of Alabama?
Let’s take a look at the answer to that question and several more.
As the most populous state in the nation, California offers almost unlimited opportunities for people who want to pursue careers in the real estate industry.
Many people become agents and brokers or enter into related fields such as real estate investing, mortgage and title, real estate attorneys, insurance/inspection experts, and many others.
One possible career option that sometimes gets overlooked, and one that generates a fair amount of questions, is whether or not wholesaling is legal in California.
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...
Meet Roxy Chamochumbi from Utah - she's an amazing member of the Pro Wholesaler Program. She faced extreme adversity during the quarantine, but she didn't make any excuses... instead, she's making wholesale deals happen!
Roxy needed a way to wholesale houses consistently during the quarantine without having to leave her home, so she became a Pro Wholesaler.
Within 3 months of enrolling into the Pro Wholesaler Program, she has already completed 8+ deals & $45,000+ in wholesale profits!
Recently, I sat down to chat with Roxy to talk about her exponential ROI since joining. She has an amazing story that moved me, and I'm sure will move you!
In this video, Roxy and I will discuss:
If you’re seeking a rewarding career in real estate investing, you might want to consider the flexibility and creativity of starting a Louisiana wholesaling business.
There are several things to know, starting with the most basic of all questions.
Is wholesaling real estate in Louisiana even legal?
Here are some answers for you.
The key to wholesaling houses in Louisiana is that there are statutes and rules you must follow to comply with the law as set forth by the Louisiana Real Estate Commission...
"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!
Wholesale real estate is when you find a great investment opportunity (for example, a house), get the property under contract, and then sell the rights...
Real estate brokers & agents provide a convenient way of searching, buying, and selling properties. That’s because brokers & real estate agents have unique skill sets and access to industry-specific listing services like the Multiple Listing Service.
In real estate, the ‘MLS’ stands for Multiple Listing Service. The MLS is an online software that brokers & agents utilize to establish contractual compensation offers, accumulate, and even disseminate the information required for appraisals. In simpler terms, it is a database of relevant information on homes or properties for sale in a particular region.
Using this database, real estate agents find the right properties or homes to show prospective buyers with ease. The information contained in this database also plays a very crucial role when it comes to making offers and negotiating real estate deals.