For many people just starting out in Real Estate Investing things can be pretty overwhelming. Building your buyer’s list, finding motivated sellers and then putting the two together to make a deal happen might sound like old school to the experienced wholesaler, but to a rookie flipper it sounds like a very scary situation.
I get this question all the time from people who are looking to change their life through real estate and my answer is always … ABSOLUTLY!
Buyer’s List Basics Tips on how to build a Real Estate wholesale Buyer’s List 1.Call ads that say “I buy houses” in the newspaper and also google them in your area. Ex. “I buy houses NJ”. 2.Call the “Houses for Rent” ads in your local newspaper and on craigslist. These are usually buyers that are [...]
“Subject to financing” is one of many Creative financing techniques used by Real Estate Investors to Leverage their money. Creative financing is basically working out an agreement that is fair both the seller and the buyer, without using banks or mortgage brokers. By buying/ selling a property with this type of financing a seller can [...]
One way to get out of a contract is what’s called assignment, which
is finding someone else to take over your obligations. Because contract rights are considered property, they can be transferred to others just like a piece of property such as a home or car.
Would you like to make $1,000 to $4,000 a month? If your answer is “No” than don’t read this post. If your answer is “yes” than read on because I am going to explain how you can make this happen in today’s real estate market.
For rent adds can be adds placed by sellers who could not sell their property so they have decided to rent the property to keep up with the mortgage. This is not always the case but by not calling to find out you could be passing up a good wholesale deal.
For many new wholesalers the hardest thing to do is get started. What do I do? how do I do it? It is this fear that discourages and stagnates many before they ever reach their first deal. It is the first deal that is the hardest. Once you get past that you are off to the races in search of more.
If you are new to Real Estate Investing and would like to start off with a “Cash NOW” technique that will get your foot in the Investing world then Wholesaling is the way to go.
