Wholesaling

Wholesaler makes $7 million flipping an apartment complex!

Wholesaler makes $7 million flipping an apartment complex! I found this story to be very motivational. There was another guy in NY who made 2 mil flipping an apartment complex. This just reinforces the ideal that you are only limited by what you believe.

See the full story below
http://ow.ly/CV49S… Continue Reading Wholesaler makes $7 million flipping an apartment complex!

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My Real Estate Toolbox

Tools of the Trade
I do NOT receive any affiliate commission from promoting these products.

1. Findcompsnow
A great free site to find comps.

2. Postcardmania A great place for dirtcheap postcards.

3. eRealAnalyzer
My mainstay when it comes to analyzing properties.

4. Zillow
Great place for comparable sales, rentals and info on home values.

5. Skype
The best and cheapest tool to use as a second phone at a little over $3 a month.

6. DocuSign
Get your contracts and forms e-signed to save money and time.

7. Find The Seller
A great skip trace service to find that hard to reach seller.

8. Searchquarry
Find out if a property has liens or unpaid taxe… Continue Reading My Real Estate Toolbox

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How To Get Price Reductions

If you have done any type of Real Estate or Sales in you professional career you know that sometimes you have to negotiate the price down. This is a normal part of business but it doesn’t have to be a painful part of business.

Why Are You Asking Me To Reduce My Price?
Sometimes people have a notion that their stuff is more valuable than what it really is. This is especially true when it comes to their house. I like to call this the “supreme ownership complex” or “SOC” for short and it can really make negating difficult with the seller.

Here are some sample scripts I use to bring the seller down to earth.

– Unfortunately Mr. Seller, it appears that all of my funding sources are getting a little more scared about the market… so they are limiting what I can pay … and what they… Continue Reading How To Get Price Reductions

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5 Things You Must Have To Succeed in Real Estate Wholesaling

The ideal of being mere passengers on a ship meant to sail to the farthest points does not appeal to people who like to put their destiny into their own hands.  They have the desire of maneuvering the ships themselves, of being able to be the ones to take it anywhere they want to.  Being aboard a ship on its way to a particularly great destination is something each and every one of them dreams of, and the knowledge that they have the capacity to steer it themselves is what makes them actually want to.

Perhaps this is the reason why more and more people are succumbing to one of the most popular styles of Real Estate Investing – Wholesaling.  It is because in this business, there are no bosses to order the employees around.  There are no deadlines to meet and no clutter of work … Continue Reading 5 Things You Must Have To Succeed in Real Estate Wholesaling

Will Someone Mentor Me and Tech Me The Business For Free?

Let’s say you wanted to get into the restaurant business but you had never owned a restaurant. You heard from a buddy that owning a restaurant is easy and you will make a ton of money doing it. You have watched late night TV shows about guys who made tons of money by just simply owning a restaurant without any experience or money. After watching late night shows and listing to your buddy blab on about how easy you can make money in the restaurant business you decide to open a restaurant.

There is only one problem; you don’t have any money or restaurant experience. So you decide to seek out the “Restaurant Guru”. Now with no cash, credit or experience you expect the “Restaurant Guru” to show you all the tips, trick and techniques to owning a restaurant for free.

…And this “Resta… Continue Reading Will Someone Mentor Me and Tech Me The Business For Free?

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My Step By Step On How To Wholesale A House From Start To Finish With No BS And Without The High Priced Seminar.

I was on Bigger Pockets and I came across a blog post that I wanted to share here. It seems like everywhere you turn there are tons and tons of information about Real-Estate investing and wholesaling.  The problem is that a lot of the information out there is complete and BS as filled with misinformation and information gaps.  I wanted to make a true step by step post how to wholesale start to finish with no BS. So here it is, my blog post how to wholesale a house start to finish with no BS and without a high price seminar enjoy!!!

1. Find Potential Buyers
a. Find out what buyer is looking for
b. Number of bedrooms
c. Number of bathrooms
d. Number of sqft
e. Area of town
f. Price range

2. Find Property
a. Send direct mail
b. Drive for dollars – seemingly vacant homes
c. Ba… Continue Reading My Step By Step On How To Wholesale A House From Start To Finish With No BS And Without The High Priced Seminar.

Posted in Wholesaling

The Wholesaling Process From Beginning to End

Find buyers
Find deals(motivated sellers)
Negotiate for price that fits criteria for your buyer
Get property under contract
Assign contract to buyer
Profit $$$
Market for more buyers
Repeat

You can change the order of 1 and 2 if you want but that’s it.

 

I just saved you $10,000 for that “boot camp”. Now you can make that $10,000 check payable to “Wayne”. JK  now go forth my minion’s and let’s get this money…. Continue Reading The Wholesaling Process From Beginning to End

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