#realestatewholesale

[s1ncerelyalexis]

How to break into real estate with the least amount of money possible

I always thought to get involved in real estate, you either needed a real estate license or a ton of capital for investment properties. I knew acquiring a real estate license would require more school, which I am not the best at. And being a college student, I did not have the capital for any investments. The only thing I did know was that I wanted to be in the real estate space, and that was when I came across real estate wholesale. 

What exactly is real estate wholesale? It is essentially drop shipping properties and very minimal capital is required for this business model. You acquire leads from the state tax records. Usually these leads are going to be people who have missed payments on their mortgage or utility payments. With that being said, no, these are not going to be the attractive properties you see on Selling Sunset. You then reach out to the homeowners on the list. You could either cold call, or send SMS blasts. The most efficient and effective way for first contact with these homeowners is SMS blast. After you have vetted them over texts, it is now time to pick up the phone and negotiate a price for their property. You offer them an all cash, as is offer. This entire transaction will be handled off the market, so the seller would not have to pay commission fees or closing costs. 

Once you have gotten the property under contract, you have a due diligence period. During this period, you find the actual end buyer for the property and mark up the price so the end buyer is buying for more than what you got under contract for. The buyer will set up an inspection and you coordinate it with the seller. Once the inspection is cleared, you are able to move on and collect the difference at the closing table. 

Let me break down a scenario so it makes sense:

1. I found a motivated seller through SMS blasts 

2. I negotiated a price for $150k cash with the seller 

3. I ran comps on the property and found that similar properties were selling for $165k in the area 

4. I marketed the property to hedge fund buyers and got an offer for $160k 

5. An inspection took place and came back clear 

6. We were clear to close and I got to collect the $10k difference.

So how did I find this space and what was my journey like? One of my close friends introduced me to Beni Fwelo, a real estate mogul. He offered me a job at his company as a disposition agent. My role was to market to buyers. Any time our acquisitions team got a property under contract, I had 9 business days to market to buyers. I was also in charge of setting up the inspection. This part can get tricky because the buyer could always come back and price cut their initial offer due to things the inspection revealed. After they would reduce their offer, it would affect our initial spread, so I would have to convince the seller to come down on their price. My position requires a lot of persuasion. I would have to persuade the sellers to take a price cut. I got so good at persuading and getting sellers to agree to my terms that I was promoted to the director of the disposition department.  

I plan on using real estate wholesale to fund my real estate investment opportunities. My strategy is to keep wholesaling until I have the capital to invest in fix n flips. Use the capital from fix n flips to invest in rental properties. Then use my rental properties to eventually invest in apartment buildings. This is the exact plan Beni Fwelo implemented, and modeling greatness with a mentor can get you there in half the amount of time it would usually take. All this goes to say, there is not one path to getting involved in real estate. There are so many avenues available at your disposal, it just takes getting to know the right information and the right people.

[dfybizapp]

Learn Wholesale Real Estate Investing High Ticket Sales, and Coaching

Learn Wholesale Real Estate Investing High Ticket Sales, and Coaching

Learn Wholesale Real Estate Investing High Ticket Sales, and Coaching

[limitlessxrealestate]

Limitlessx real estate group is a professional, full-service real estate Investing Coach solutions company. The main aim is to help the homeowners in the typical condition at a no-investment. In real estate wholesaling, a wholesaler contracts a home with a seller, then finds an interested party to buy it. Real estate wholesaling is a short-term business strategy investors use to make big profits.

[smokymtnnotary]

Are you a mortgage lender or banker dealing with clients who have stopped mortgage payments and are unresponsive? Our services include pre-foreclosure photo inspections to determine whether properties are occupied or vacant. We will provide you with photographic proof to indicate the property's occupancy status, enabling you to proceed with the necessary actions. Additionally, we offer photo assessments to evaluate the property's condition. Vacant forecloused homes are susceptible to vandalism and other problems. We can inspect such properties to assess their condition. For further details, please contact us at 865-386-7398 #preforeclosure #foreclosedhomes #realestateinvestor #realestatewholesaler #Knoxvilleinvesting #seviercountyinvesting #Mortgagebroker #REO #BPO

[garrettrealestate]

SOLD in less than 10 days and without touching the inside. This is what the regular #wholesale deal looks like, beat up on the outside and BEAT TO CRAP on the inside. Structurally sound and ready to become beautiful home for the next family😀 #wholesaling #realestateinvesting #realestate #wholesalinghouses #realestateinvestor #wholesalingrealestate #flippinghouses #fixandflip #realestatewholesaling #realestateinvestors #houseflipper #flippinghomes #cashbuyers #investing #wholesalinghomes #virtualwholesaling #webuyhouses #realestatewholesaler #motivation #rentalproperty #entrepreneurship #realestateagent #passiveincome #wholesalerealestate #entrepreneur #cashbuyer #investmentproperty #fliphouses #realestatewholesalers (at Dallas, Texas) https://www.instagram.com/p/CFZbB03g2bg/?igshid=sqwwhk62xhor

[liveyellowwletters-blog]

Adding New Products Soon

We are going to be adding business cards, mailing lists, bandit postcards and much more soon!!

[troyescarpeta]

#Repost @pabloottenwalderjr The secret #1bookaweek #realestate #realestateinvestor #realestateagent #realestatewholesale #realtor #westernmass #westernmassrealestate #stocks #bitcoin #entrepreneur #biggerpockets #millionaire #bookstagram #dividends #fitness #crypto #financialfreedom #fixandflip #buyandhold #likeforlike #passiveincome #mma #meditation #books #healthiswealth #bmw #invest #ceo

[limitlessxrealestate]

Real Estate Wholesaling Course and training- limitlessxrealestate

Limitless Real Estate Investment- We provide the best high-quality, trusted, and profitable real estate investment training and courses. We’re here with the best possible resources and the proper guidance so that you can meet your real estate investment desires. In real estate wholesaling, a wholesaler contracts a home with a seller, then finds an interested party to buy it. The wholesalers can contract us for investing guidelines courses and training, and keep the difference as profit.

Limitlessx Realestate 6340, Security Boulevard, STE 100 Baltimore, MD-21207. Contact us: 410-878-2074. Email id: homebuyers@lreigroup.com

[smokymtnnotary]

Attention Real Estate Investors and Wholesalers! We are here to assist you with your property needs in the Knoxville area by providing photography and videography services. If you're an out-of-town buyer, fret not! We can capture images of properties or homes you have your eye on in Knoxville & surrounding areas. Additionally, we offer the convenience of live video tours via FaceTime, enabling you to virtually explore the location in real time. Our services go beyond the ordinary. With our expertise in drone operation and FAA Part 107 certification, we can obtain aerial shots and videos of rooftops and overhead views. We can provide you with a comprehensive visual representation of your desired properties. Contact us today to book an appointment. #realestateinvestor #realestatewholesaler #movingfromCalifornia #movingtoknoxville #realestatephotography #dronephotos #dronevideos #photoinspection

[iamjwes]

🤩🎉With a little vision, you can do amazing things!🤩Look at this beautiful remodel. Interested in learning about real estate investing or wholesaling? Let’s chat. I’m an open book to those who are seriously interested. John Preston 903-576-6360 #BuyWithJWes #BuyerAgent #RealEstate #DallasRealEstate #Dallas #Realtor #Agent #RealEstateAgent #DallasRealtor #HomeForSale ##FSBO #BuyYourHouse #Home #KW #KellerWilliams #SellRealEstate #Sold #JWes #UnderContract #RealEstateServices #RealEstateInvestor #RealEstateInvesting #wholesalerealestate #RealEstateWholesaler #Wholesale (at Oak Cliff, Dallas) https://www.instagram.com/p/Bz8kcL2gZD1/?igshid=1hj3t036t9vvc

[garrettrealestate]

We just picked this Duplex up in #riverside county. As a #wholesalerealestate investor, it’s always hard to determine if you should flip the house or sell it as is! #wholesaling #realestateinvesting #realestate #wholesalinghouses #realestateinvestor #wholesalingrealestate #flippinghouses #fixandflip #realestatewholesaling #realestateinvestors #houseflipper #flippinghomes #cashbuyers #investing #wholesalinghomes #virtualwholesaling #webuyhouses #realestatewholesaler #motivation #rentalproperty #entrepreneurship #realestateagent #passiveincome #wholesalerealestate #entrepreneur #investmentproperty #fliphouses #realestatewholesalers (at Riverside, California) https://www.instagram.com/p/CFN_J-4AXCR/?igshid=1tln6lpctkbew

[therealdanawarren]

Rise & Grind #HUSTLERS!!! 😎 Have a Wonderful Wednesday folks! ❤ u all! #danathehousehustler #hustlemode #wholesalingrealestate #atlantarealestate #iloverealestate #realestateinvestor #teamwarren #ifliphouses #igotthis #ibuyapartments #beastmodeon #realestatewholesaler #ibuygeorgia #success #realestategoals #luxuryliving #ibuycommercialproperty #winning #millionaireseller #bringit #therealdanawarren https://www.instagram.com/p/BpmHuXdH0uB/?utm_source=ig_tumblr_share&igshid=nb5gk56qaw2j

[liveyellowwletters-blog]

Live Yellow Letters

Live Yellow Letters is officially on tumblr :)

If you have not heard of me yet, my company provides low cost and affordable yellow letters and postcards for real estate businesses. Live Yellow Letters has been in business going on two years. Hi, I am Branda the owner and writer at LYL. If you are in the real estate profession, I hope you enjoy my content :)

We are also on Facebook  at liveyellowletters