Real Estate Blog

Are you interested in investing in real estate but don’t have the cash in your bank account to get the ball rolling? Don't worry; you’re not alone. Many people are interested in real estate investing but incorrectly assume their finances are holding them back.

To democratize investing and lead everyone on the path to financial freedom, we’ve developed this guide to show you how to wholesale real estate with no money.

Wholesaling real estate can be a lucrative venture that allows you to enter the world of real estate investing with little to no upfront capital or unobtainable credit scores. By understanding the strategies and techniques involved in wholesaling, you can leverage your skills and “know how” to make profits through real estate transactions, even if you're starting with limited financial resources.

In this comprehensive guide, we'll walk you through the step-by-step process of how to start wholesaling real estate with no money, including:

• ...

Wholesale real estate exit strategies have gained a lot of momentum in recent years. Wholesale real estate investors of every experience level, beginner and veteran, are drawn to the enticing opportunity to build wealth without exposing themselves to too much risk.

However, as attractive as wholesaling can be, it’s not without its drawbacks. Like any investment strategy, real estate wholesaling comes with its own set of advantages and disadvantages. Therefore, we’ve created this guide to inform investors about the pros and cons of wholesaling real estate.

Are you ready to dive into real estate wholesaling, examining its potential benefits and pitfalls? Here at Real Estate Skills, we’ll teach you everything you need to know about the pros and cons of wholesaling real estate, including the following:

• What Is Wholesaling Real Estate?
• Pros & Cons Of Real Estate Wholesaling
• Is Wholesaling Real Estate Right For You?
• Wholesaling Real Estate Pros & Cons: FAQs
• ...

Engaging with potential property owners, especially when you're new to the real estate game, can seem quite daunting. The looming threat of rejection or tripping over your words often discourages many novices from venturing into cold calling. But let me reassure you with some compelling statistics that prove the efficacy of this tried-and-true method.

Hubspot’s 2023 Sales Trend Report recently revealed that an impressive 69% of buyers have been open to cold calls from new providers. Furthermore, it's not just entry-level buyers we're talking about - 57% of high-ranking C-level buyers prefer to be contacted by phone.

Now, here's a stat that really drives home the importance of cold calling – businesses that don’t cold call saw 42% less growth compared to their cold-calling counterparts. However, it's crucial to remember that cold calling is a marathon, not a sprint. Persistence is the name of the game, as it can take about eight cold calls on average to finally...

For a marketing campaign to be successful, a point of contact must be created for a transaction to be initiated. This is why bandit signs are considered an essential element of a real estate marketing system for many investors.

Even though some might dismiss them as ‘primitive’ when compared to contemporary techniques, bandit sign marketing can go a long way in generating unparalleled exposure for investors at all levels and can enhance brand awareness.

Do bandit signs work? Today, even the most successful real estate investors make use of different variations of bandit signs since they have been tested and proven for years.

Their simplicity disguises their complexity. You don’t need a lot of resources and effort to place bandit signs. However, if you want them to give you long-term success, there is a lot you need to learn.

Remember, the success of your bandit sign campaign will ultimately determine the profitability of your real estate business.

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Are you looking to start wholesaling real estate?

In the video below, I am going to show you the reasons why most real estate wholesalers suffer & quit so that you can avoid these pitfalls and build a hyper-profitable real estate wholesaling business!

Video Time Stamps:

0:00 - The Top 5 Reasons Why Most Wholesalers Suffer & Quit!

0:26 - Reason 1

2:10 - Reason 2

4:46 - Reason 3

7:19 - Reason 4

9:38 - Reason 5

Note: we've transcribed the video above into this written blog post for those who enjoy reading over watching video! 

Want to build a hyper-profitable wholesaling & flipping business making $10k-$100k a month in your market? Click the image below to schedule a Strategy Session & see if you're the right fit for the Pro Wholesaler VIP Program!

The Top 5 Reasons Why Most Wholesalers Suffer & Quit!

After training thousands of real estate wholesalers and flippers to be successful at real estate, it's apparent that...

Want to start wholesaling real estate?

In the video below, I'm going to show you the Step-by-Step Process on how to wholesale real estate in 21 days or less without having to spend $1 in marketing and without having tons of experience!

Video Time Stamps:

0:00 - Intro 

0:36  - What Is Wholesaling Real Estate?  

1:15  - 2 Ways To Close Wholesale Real Estate Deals  

2:39 - The Wholesaling Process At A High Level 

4:29 - Step 1: Pick Your Market 

6:18  - Step 2: Find 3-5 Cash Buyers 

7:24  - Step 3: Finding & Filtering For Wholesale Deals 

13:27  - Step 4: Make Discovery Calls Daily To Real Estate Agents 

18:14  - Step 5: Further Analyze The Property 

29:00  - Step 6: Call Back The Agent (Close Call) 

36:52  - Step 7: Send The Offer Terms Via Email 

39:46  - Step 8: Get The Contract, Check It, Sign It, &...

In real estate wholesaling, an assignment fee is a financial obligation from one party (the “assignor”) who agrees to transfer their contractual obligations to another party (the “assignee.”)

In layman’s terms, the assignment fee is the fee paid by the end buyer to the real estate wholesaler. This fee is for the wholesaler’s professional service of finding a property. The wholesaler then transfers completion of the intended purchase to the end buyer as outlined in the contractual obligation. 

It doesn’t take much research to notice trends in real estate. According to the Bureau of Labor Statistics (BLS), workers in wholesale sectors will continue to be in demand as these occupations remain critical.

Regardless of where the economy heads, how much more will real estate wholesalers need to be at the top of their game?

To help fortify your foundation, in this article you’ll gain greater awareness of: 

• Why real...

Wholesaling real estate as an investment strategy has become one of the preferred real estate investments in today’s real estate market. Its popularity is because real estate investors who choose to wholesale –

• Have easy access to available wholesale properties in a digital landscape that includes online auctions, foreclosure info sites, and websites like Zillow and Redfin, among others.
• Have only small capital requirements to complete the wholesale deals in terms of the earnest money deposit given in good faith.
• And perhaps, the most important aspect of the current market – located in Stage 2 of a robust expansion stage of a real estate cycle –

Current Real Estate Market Metrics at the National Level

According to the Core Logic HIP index (an indicator designed to demonstrate early home price trends), prices for real estate and homes in the United States have increased 18% between September 2020 & September 2021.

Remarkably, this year-over-year...

The real estate market in the United States has been firing on all cylinders for the past several years, bucking conventional wisdom in the face of what is usually an extremely disruptive economic pandemic.

And while the cyclical nature of real estate is not front-page news to investors and economists, anyone paying attention to the current market recognizes it for what it is – a seller’s market characterized by expansion and appreciation as noted below in STAGE 2-

A ‘seller’s market’ offers real estate wholesalers a ‘prime time opportunity’ for investing because Stage 2’s property appreciation is robust and meets the most salient requirements of a successful wholesale deal.

Wholesaling real estate is a type of investment technique in which an investor, acting as a middleman, follows these steps –

• They find a rental property or an investment property that is listed for a price below market value, usually because the owner is...

Wholesaling real estate has become a wildly popular real estate investment technique, primarily due to the fact that it fits hand-in-glove with the current cycle of the real estate market. As noted by FRED (Federal Reserve Economic Data), the third quarter of the median sales price of a home in the US in Q3 – 2021 has hit a new high – of $404,700, as follows (Note – the shaded areas indicate those times when the US economy hit a recession

The pandemic and the resulting shortage of homes inventoried for sale dropped to some of the lowest levels but has since recovered to about 5.7 months, as follows –

Wholesaling real estate as an investment strategy is also wildly popular with new investors for these reasons –

• The capital and cash flow requirements are minimal, which is typically the earnest money deposit
• These real estate deals are considered short-term in nature.
• It allows investors to learn the wholesale strategy and real estate market from the...