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Articles For Aspiring Real Estate Investors

How To Wholesale Real Estate Step By Step - The Simple Process

What Is Wholesale Real Estate Investing?

Wholesaling is when you find a property, get it under contract with the owner, and then sell the rights of that contract to another investor who wants to renovate the property. With Wholesale Real Estate Investing, the goal is to always create what I call “Win-Win-Win Scenarios." Get ready because we're about to take a deep dive into how wholesaling real estate works!

How To Create Win-Win-Win Scenarios When Wholesaling Real Estate?

You create a win for the seller of the property because you are getting them out of a sticky situation. For example, the seller can be facing foreclosure and need to sell their home quickly to avoid ruining their credit for years. Maybe the property is owned in a trust with 6 different owners, and instead of putting the property on the market and evaluating 20 different offers, they may just want to work with you, with no commissions involved.

You also create a win for the real estate investor...

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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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What Edgar Thinks About The Pro Wholesaler Membership

Edgar has already completed his first wholesale real estate deal since joining the Pro Wholesaler Membership!

Here's his review & testimonial of the Pro Wholesaler Program:

Dear future Pro Wholesalers, my name's Edgar Espinosa, I am 21 years old, and I live in Atlanta, Georgia. Before I get started, I want to thank Alex for giving me the opportunity to be in his Pro Wholesaler program. It has honestly changed my life completely. Alex has got me farther than I thought I could get to. I would not be where I am right now, if it wasn't for him. He has pushed me to achieve many of my goals, and as well as keeping my head strong.

At the beginning of the course, Alex's goal was to make sure that we knew where we wanted to be at in the future. Basically, to know our why. He provides us with a lot of tools, with a lot of resources, to help us find our why basically, our goal. Every piece of information that he provides us with, it is well said, very clear, for us to understand, and it...

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How To Invest In Real Estate With No Money | Flipping Houses

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...

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Pro Wholesaler Membership & Program Review by Abel Thomsen | Wholesaling Houses

Abel Thomsen is a Real Estate Professional, Investor & Wholesaler who joined the Pro Wholesaler Membership & Program. 

Abel Thomsen goes into his thoughts & review of the Pro Wholesaler Program & covers:

  • What he thinks about the Pro Wholesaler Community
  • How the Pro Wholesaler Program System has taught him to be on the “Offense” in real estate investing & wholesaling rather than the “Defense”
  • How the Pro Wholesaler Membership & Community has changed his outlook on wholesale real estate investing
  • What the Pro Wholesaler System & Membership offers for anyone who joins
  • What resonated with him the most from the most from the Pro Wholesaler Program

Here is what Abel Thomsen has to say:

My name is Abel Thompson and being part of the Pro Wholesaler Membership & Community really has changed my life in many more ways than one. This is the first system that I've learned and been a part of that's...

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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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