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Articles For Aspiring & Active Real Estate Investors

Wholesaling Real Estate: Step-by-Step PDFs [FREE DOWNLOAD]

Real Estate Skills offers comprehensive Wholesaling Real Estate Step-By-Step PDFs to help you start investing with confidence! New investors can break into the exciting world of real estate wholesaling and explore proven strategies to realize success. After all, understanding the step-by-step process of wholesaling real estate is paramount to enjoying a lucrative career as a wholesaler.

Our Wholesaling Real Estate Step-by-Step PDFs aim to empower investors of every level with the knowledge and tools they need to navigate each step seamlessly. From cold-calling to wholesale contracts, every stage is crucial in executing profitable deals, and there’s no reason new investors can’t take these resources and improve their own results.

Whether you're a seasoned investor looking to diversify your portfolio or a novice seeking a profitable entry into the real estate market, this article will provide valuable insights and actionable steps to embark on your wholesaling...

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Is Wholesaling Real Estate Legal? The Ultimate Guide For Investors

wholesale real estate Jul 29, 2023

If it’s done the proper way, wholesaling real estate can be a rewarding and lucrative endeavor. But to get your wholesaling business off the ground, you need to know what’s legal and what will land you in hot water.

Even if you stay on the right side of the law, you want to be as efficient as possible, saving you time, money, and most of all, frustration. Wholesaling real estate is legal in all 50 states, but there are specific laws and regulations you must follow to ensure you’re in full compliance.

Here’s what you need to know if you’re considering the launch of a wholesaling business.

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MAO Formula In Real Estate: What Is A Maximum Allowable Offer?

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.


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How To Find Cash Buyers For Real Estate & Build Your List

Cash buyers continue to be pivotal forces in the real estate market across the United States. If you've had any exposure to real estate, you are undoubtedly familiar with the term "cash buyer," bringing to life the age-old adage, "cash is king," particularly within the property industry.

According to the Washington Post, a compelling analysis of Redfin data revealed that in 2022, a third of all U.S. homes were purchased with cash, marking an 8% rise from 2021, and reaching the highest level since 2014 when the market was recovering from the Great Recession.

These intriguing statistics may prompt you to ask several questions such as:

  • Who are these cash buyers?
  • What benefits do real estate cash buyers bring to the table?
  • How do I establish a fruitful partnership with them?
  • What sets cash home buyers apart from others?
  • And most importantly, how do I find these cash buyers for real estate and develop a solid cash buyer list?

Whether you're an aspiring investor,...

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What Is Reverse Wholesaling? A Beginner’s Guide (2023)

Real estate is an innovative industry where a lot of money is made in all sorts of investment strategies. Whether you're selling homes as a real estate agent, house flipping, or generating cash flow from a buy-and-hold rental property, the opportunities are abundant.

One of our mottos here at Real Estate Skills is Work Smarter, Not Harder. In this article, we're going to reveal what we believe is one of the best opportunities in real estate today to do just that. We're talking about reverse wholesaling.

Reverse wholesaling is very similar to traditional real estate wholesaling, but with several key benefits that we'll cover including:

  • Having a more reliable exit strategy
  • Creating meaningful relationships with cash buyers
  • Aligning yourself with private and hard money lenders

Interestingly, the real estate wholesaling business provides attractive opportunities for new investors because it requires little to no money...

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Flipping Real Estate Contracts: A 6-Step Guide For Investors

The allure of quick profits and the opportunity to get started in the industry with minimal barriers and costs have made flipping real estate contracts a popular venture for many investors in 2023. This business model, often involving assigning contracts, presents a relatively low-risk way to generate a lucrative income, especially in situations where fast turnover is crucial.

However, while it's highly rewarding, this real estate strategy is not without its potential pitfalls. Jumping into contract flipping without the necessary knowledge and skills could set you on a path toward business failure. It's imperative to arm yourself with the right tools and understanding to ensure your venture's success in this dynamic and challenging field.

Therefore, it is high time you armed yourself with the right arsenals and educate yourself on how to flip real estate contracts for higher levels of success:

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17 Best Cities To Wholesale Real Estate (2023 Edition)

Over the past decade, the United States has seen unprecedented buyer demand, price appreciation, and capital influx from all types of investors in the real estate market- from hedge funds to mom-and-pop house flippers. 

Real estate wholesalers, though still an emerging crowd, have long been able to carve out a niche within this vast industry. Value-add investors, including fix and flippers, rental property owners, and real estate developers, are continuously seeking out new real estate properties to acquire in order to stay in business.

This creates massive opportunities to capitalize as a real estate wholesaler when the right strategies are followed to create significant value for investors - investors who pay wholesale assignment fees to the tune of $10,000, $20,000, and even over six figures!

On the residential side, there are approximately 143,786,655 housing units across the country with about 64.4% being owner-occupied. That means over...

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Wholesaling 101: A Beginner's Guide To Wholesaling Real Estate

Wholesaling real estate offers a unique opportunity to generate profits without significant experience, capital, or long-term commitments. Due to its relatively low barrier to entry, in fact, wholesaling is typically viewed as a beginner’s strategy. And, as a strategy that new investors widely implement, we’ve decided to create a beginner-friendly guide to wholesaling real estate; think of it as the equivalent of a wholesaling 101 college course.

Like an introductory college course, this Wholesaling 101 guide will provide investors with the foundational tools to understand wholesaling’s potential and execute a deal themselves. We know wholesaling 101 isn’t traditionally found on a college syllabus. Still, we firmly believe that anyone who has ever dreamt of financial freedom should at least have the basic building blocks for a more secure future, and no other real estate exit strategy provides a better starting point than wholesaling.

Whether you're an...

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Double Closing In Real Estate: A Guide For Wholesaling Properties

Diving into the realm of real estate investing involves exploring various strategies and tactics to generate profitable deals. Among these, one notable strategy stands out for its ability to facilitate quick transactions while minimizing risk: the double closing method. This approach, widely used in real estate wholesaling, enables investors to seamlessly connect sellers and buyers, earning a profit for themselves in the process without long-term property holding.

Understanding and employing diverse methods such as double closing can keep your portfolio vibrant and profitable. Despite the popularity of contract assignment among wholesalers, it's prudent to have an alternative strategy ready, like double closing or double escrow. This method serves as a versatile fallback plan empowering wholesalers to proceed with confidence even if a contract can't be assigned.

As we examine the current U.S. real estate market in June 2023, it reveals certain trends that may favor real estate...

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How To Start Wholesaling Real Estate For Beginners In 7 Steps

In recent times, the U.S. real estate market has presented an interesting mix of challenges and opportunities. According to Redfin, May 2023 shows a 3.3% drop in home prices year over year, with the median price standing at $418,083. Home sales were also down by 15.8%, with 498,198 homes sold in May this year compared to 591,795 homes in the same month of the previous year. Meanwhile, the national average 30-year fixed mortgage rate climbed up to 6.4%, marking a 1.2-point increase year over year.

Fast forward to June 2023, the market saw a considerable 15.5 point year-over-year drop in the percentage of homes selling below list price, standing at 39.7%. Interestingly, only 15.9% of homes experienced price drops, and the sale-to-list price averaged 100.3%, down by 2.0 points year over year.

Geographic migration trends show that in April and June 2023, about 26% of homebuyers were looking to move to a different metro area. Florida, Texas, Arizona, South Carolina, and North...

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