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Articles For Aspiring & Active Real Estate Investors

Wholesaling Tax Delinquent Properties: The (Ultimate) Guide

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...

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Is Wholesaling Real Estate Legal In Louisiana?

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.

 

What Do You Need To Know About Wholesaling Houses In Louisiana?

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...

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Wholesaling Pre Foreclosures: Real Estate Investor's (Ultimate) Guide

As of August 2020, one in every 13,791 housing units has a foreclosure filing against it. While national foreclosures and short sale numbers are down over last year, the numbers are steadily increasing over last month. The top three states in the US to have foreclosure filings are South Carolina, Florida and Iowa.

So, what does this mean for the overall real estate market? Given the pandemic and subsequent economic fallout, increasing foreclosures may become more prevalent as job losses continue and unemployment rates remain high.

The foreclosure process is both emotionally and logistically painful for the affected homeowner. The homeowner will face not only the loss of a home, but severe damage to his or her credit. 

A real estate investor’s primary job is to find problems and identify creative, win-win solutions for all of the involved parties. Foreclosure investing is a perfect way to make these solutions. When a solution is found, then money is made! 

If an...

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Is Wholesaling Real Estate Legal In Texas?

One of the great things about working in real estate in Texas is that there are many ways to make money. 

Many people become agents or brokers. But there are other alternatives, such as wholesaling properties.

However, before you consider wholesaling as an option, there is one basic question you need to have answered.

Is wholesaling real estate legal in Texas?

  

What Do You Need To Know About Wholesaling in Texas?

The most important thing to know about wholesaling is that you can get into a lot of trouble if you don’t know what you’re doing.

You...

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Probate Wholesaling: The Ultimate Guide | Real Estate Skills

The United States is at the beginning stages of an incredible economic turning point dubbed the “Great Wealth Transfer.” As the financially successful Baby Boomer generation ages and passes over the next 20 years, it is estimated that over $30 billion in assets will be transferred from them to the Millennial generation.

Unfortunately, much of this wealth may pass without proper wills and instructions in place. Without proper estate planning, the left-behind assets, including inherited property, can create enormous legal headaches in the probate process. When a person dies without a will, the process of selling off and dividing the remaining estate can become a complicated issue.  

Providing a win-win solution to tough probate deals with probate wholesaling can be an incredible strategy for savvy real estate investors to implement. 

In this article, you will learn:

  • How probate deals generally work and who the key players are in executing an estate
  • How real...
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Is Wholesaling Real Estate Legal?

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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Absentee Owner Lists: What They Are and How To Build One

Building an accurate and robust absentee owner list is a powerful tool for any successful real estate investor to have in his or her toolbox.

With the 2020 housing market continuing to show nationwide inventory shortages, record-high prices, and a robust sellers’ market, real estate investors must get creative and think outside the box to find motivated sellers and potential investment or off-market properties.

An accurate absentee owner list can become a powerful source of future leads for an investor to continuously pull from and leverage to find great deals.

In this article, we’ll break down the mechanics of creating and nurturing an absentee owner list, including:

  • Knowing how this list tool can create a continuous income source
  • Understanding the tools you will need to create an absentee owner list
  • Knowing where to locate absentee owners and how to stand out from the crowd
  • Understanding how to work with absentee owners to reach a successful closing

Ready to learn...

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Double Closing: The Ultimate Guide | Real Estate Skills

As today’s climate of record low inventory and record home sale prices continues, real estate investors must understand and implement a wide variety of tactics and strategies to keep their portfolios alive and profitable.

When done correctly, a double closing allows investors to move quickly on acquiring investment properties with minimal capital. Utilizing a double closing is a creative exit strategy for real estate wholesaling.

In this ultimate guide, we’ll break down everything you need to know about using the double closing method. 

After reading this article, you’ll learn the following:

  1. You’ll know the difference between assignment and double closing.
  2. You’ll know how and when to use an assignment or double closing to your advantage.
  3. You’ll have a new exit tactic to add to your real estate investing strategy.

We hope you enjoy Double Closing: The Ultimate Guide! Let’s dive in and learn how to close more deals!

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Wholesaling Lease Options: The (Ultimate) Guide | Real Estate Skills

In today’s ever-changing economic and real estate climate, it is vitally important for real estate investors to understand and implement many types of investing strategies. This will help them pivot effectively and maintain a strong position should the real estate market unexpectedly turn.

Understanding wholesaling lease options is a versatile strategy for new and experienced investors alike. Whether real estate is your part-time or full-time job, this is a terrific option to add to your real estate investing portfolio.

By reading this ultimate guide on wholesale lease options, you’ll enjoy the following benefits:

  • Learning a creative way to formulate and exit your real estate deals
  • Discovering an investing strategy that requires no upfront capital or financing
  • Learning how to wholesale lease options while minimizing your own investing risk
  • Understanding a new way to diversify your real estate portfolio while staying on the cutting edge of investing market trends

...

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Reverse Wholesaling: The (Ultimate) Guide | Real Estate Skills

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 to close a...

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