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How To Start Wholesaling Real Estate For Beginners - 3 TIPS To Get Started!

wholesaling Apr 15, 2019
 

In this video, a Pro Wholesaler Student came into the office and I taught him about wholesale real estate investing.  In this article, I will recap the 3 TIPS I covered with Mike so that you can learn how to start wholesaling real estate sooner rather than later!

 

3 Tips On How To Get Started Wholesaling Real Estate

1. Get Access To The MLS

2. Attend Real Estate Investors Association Meetings (REIAs)

3. Only FOCUS on 1-2 Marketing Strategies (NOT 5-10 Strategies)

 

Tip #1 - Getting Access To The MLS

First off, what we talked about was getting MLS access. What's MLS access? It's the Multiple Listing Service. It's a database of all leads on the market in your area. It’s very important as a real estate investor, and as a wholesaler, to get access to this because, if you get access to this, you have access to all the leads on the market! Now, on the MLS there are houses that are for sale that have been renovated… These aren't really good leads to fix &...

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How To Build A Wholesale Real Estate Team

Once your wholesale real estate business starts to bring in more deals, doing all the work alone will be increasingly difficult. Since sealing each wholesale deal entails completing many tasks, you’ll have to wear different hats. However, some tasks can be very challenging while others will be more mundane. Once work starts pilling up after sealing a few deals, you will find it important to build a wholesale real estate. Doing so will relieve you some workload while allowing you time to build and grow the wholesale real estate business.

Wholesale Real Estate Team Analogy: Investing and Football

Look at your wholesale real estate business as a football team. While growing your wholesaling company, you have to bring the best players and coaches into the team.

The first season entails playing all positions in the team including the position of the owner, head coach, and the general manager. This will help you to develop more skills and get you more involved. However, you...

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How To Invest In Real Estate With No Money | A Live Discussion

 

Real Estate Skills went LIVE recently with Alex Martinez & Stan Gendlin to discuss How To Invest In Real Estate With No Money!  Alex & Stan have bought, wholesaled, and fixed & flipped more than $90M in Real Estate since 2012.

The best real estate investing businesses use “Other People’s Money” & creative financing strategies to grow & scale their businesses which are covered in this discussion. 

In this LIVE discussion, you will learn:

  • How to invest in real estate without using your own money and without having any credit (or having bad credit)
  • What Hard Money Lenders are and how to find them
  • What Private Money Lenders are and how to find them
  • What JV Capital Partners & Equity Partners are
  • What Seller Financing is
  • What a non-recourse loan is and why you want all of your loans to be non-recourse
  • How Alex & Stan borrowed capital for their first fix & flip deals so that they could do deals without using...
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Wholesaling vs. Flipping Houses in 2019 - A Live Discussion With Stan Gendlin

 

Come see Stan Gendlin & Alex Martinez discuss Wholesaling vs. Flipping Houses!  Alex & Stan will go over the Pros & Cons of Wholesaling vs. Fixing & Flipping Houses so you can roll into 2019 with a head start!

Also discussed in this video:

  • The Current State of the 2019 Real Estate Market
  • Pros & Cons of Wholesaling Houses
  • Pros & Cons of Fixing & Flipping Houses
  • How Stan was able to go from making a minimum wage to now having a home overlooking Central Park in New York
  • The most common obstacles for beginner Real Estate Investors & how to overcome those obstacles
  • How to get the most out of any REIA (Real Estate Investing Association) Meeting
  • How to find Cash Buyers in your area

 

In case you like to read, here's a transcription of the video:

Alex: Three, two, one. We should be live now. What's up, guys? It's Alex Martinez with Real Estate Skills and today I got Stan Gendlin. I'm over here in San Diego. Stan's over there on the East Coast...

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Tyler's First Wholesale Deal - How He Did It in 3 Weeks!

 

Meet Tyler. Tyler Toubeau started working with me when he had already spent a year and a half of time, $30,000 in real estate courses, and $12,000+ on marketing trying to get his first wholesale deal. Unfortunately, Tyler was not able to get his first wholesale deal alone in those 18 months.

He attended workshops just like you did and was very skeptical. Tyler knew that if he didn’t make a change in his life that nothing was going to change and he decided to trust me and the process and jump right in.

After a year and a half of spinning his wheels, he started working with me and completed his first wholesale deal WITHIN 3 WEEKS!

Tyler did an amazing job on this wholesale deal and has now completed multiple other wholesale deals, as well!

This video is perfect for you if you’ve ever wondered, “How am I going to get my first wholesale deal?”

 

In this video you’ll see:

  • How Tyler got his first wholesale deal within 3 weeks time
  • Where Tyler got his...
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Do You Still Make Offers Even If There Are Offers Higher Than Yours? - Q&A Mentor Call Highlight

 

Are you a Real Estate Investor and ever wonder the question of: "Do I Still Make Offers Even If There Are Offers Higher Than Mine?"

From this video, you will quickly LEARN WHY it makes completes sense to submit offers on properties you are looking to wholesale and fix & flip EVEN IF there are higher offers than yours!

This video is a sneak peak of the Q&A Mentor Calls that take place with those in our Pro Wholesaler Program.  The Q&A Mentor Calls take place every other week where all students in the program get to ask questions about the wholesaling process, contracts, specific deal questions, real estate negotiation, and any other questions regarding wholesaling and fixing & flipping real estate.

In case you enjoy reading, here's a transcription of the video:

---------------START OF TRANSCRIPTION---------------

Would you make an offer even if there is an offer higher than what you would pay? Would you keep sending offers for what you think it's worth even...

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Wholesale Real Estate: How Brandon Made $12,000 On His First Wholesaling Deal!

 

Brandon is in his young twenties & had zero real estate experience when he joined the Pro Wholesaler VIP Membership by Real Estate Skills. Now, with zero experience & with spending $0 in marketing, Brandon made $12,000 on his first wholesale real estate deal!

In this interview you will learn:

- How Brandon went from knowing nothing about real estate & wholesaling to making $12,000 on his first wholesale real estate deal!

- How he was able to wholesale a house with only laptop and phone

- How he was skeptical about wholesaling real estate at first, but not anymore

- How we smash the misconception that finding cash buyers for your wholesale deals is difficult (Brandon found all the cash buyers he needed in just 5 days)

- How he found his first properties to wholesale on the MLS

- How he got access to the MLS (Multiple Listing Service)

- How Brandon submitted 15 wholesale offers, got 2 wholesale deals under contract, and closed one of them for $12,000,...

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My First Real Estate Deal | $22,000 Profit

 

In this video, you will learn how I completed my first real estate deal at 20 years old!  This specific real estate deal changed my life because no money was put into the deal, yet it produced $22,000 of profit!  45 days before making this deal happen, I was making sandwiches for $10/hr...

Come take a listen to learn how you can do these types of deals called "Wholesale Deals," for yourself!

Here's a transcription of the video if you enjoy reading:

Hey everyone, it's Alex Martinez and today I'm going to talk about my first real estate deal. So let me take you back to when I was 19 years old, so I wasn't in real estate at 19 years old, I didn't know anything about real estate. What I was doing was, I was actually making sandwiches, and I was making sandwiches for 10 bucks an hour while going to school full-time, so I was working about 25 hours a week, going to school full-time. So I'd go to class and then I'd go make sandwiches all day and I'd come home every night...

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What Every Real Estate Investor Needs To Know

 

The most important thing as a real estate investor is including an inspection contingency on every contract. This is how you protect yourself and are able to invest with as little risk as possible! Be smart - use the inspection contingency. Check out the video above if you're interested in:

  • learning how to make your offers more desirable
  • seeing what an inspection contingency is
  • why you need an inspection contingency on every single offer you send!

Here is a transcription of the video if you enjoy reading:

Hey, everyone, it's Alex Martinez, and today, we're going over the most important thing as a real estate investor.

When a lot of people look at real estate investing, and look at entrepreneurship, they look at it as something that's a little risky.

What we do, as real estate investors and entrepreneurs is, is mitigate and lower our risk as much as possible, and then, make calculated decisions after that.

The most important thing, as a real estate investor, when...

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Interview: From $10 / Hour to Profiting Over $1.2 Million in 12 Months With Real Estate Investor, Alex Martinez

I was recently interviewed & featured on Authority Magazine to talk about my real estate journey, investing advice, efficiency hacks, & about my most memorable failure to-date!  Here is the full article & interview written up by Drew Gurley.  Drew's questions are in bold and my answers are below each question.  Hope you enjoy!

From $10 / Hour to Profiting Over $1.2 Million in 12 Months With Real Estate Investor, Alex Martinez

Alex Martinez has a great story, one that certainly resonates with the concept that you have complete control of your life and your decisions. To go from making sandwiches to breaking 7 figures of profit in 12 months takes confidence in knowing who you are.
I spent some time learning about Alex’s story and was nothing less than motivated to say the least. He’s young, energetic, and passionate about working to sustain what has come to be an amazing lifestyle, all before turning 30!
Here’s more on...
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