Learn How to Wholesale Real Estate

Have you asked some of the questions below?

1. How does wholesaling real estate work?

2. Is wholesaling houses a good way to get into real estate?

3. How does wholesaling properties differ from other types of real estate investment?

Is Wholesaling a Real Estate Investing Strategy?

Wholesaling houses really isn’t too much different than the concept of wholesaling products or services in other major industries. It’s all about buying low and selling higher at attractive prices where you or your company make a profit. It’s a bit like Costco or Walmart.

Wholesaling real estate stands out from other types of real estate investing methods in several major ways. These really come down to not having to hold and manage properties long term and not needing to do any repairs or rehabbing of the property. A really easy way to get your foot in the door.

Is Wholesaling the Best Way to Get Started in Real Estate?

What attracts and draws people to wholesaling real estate and houses is how easy it is to get started. It is commonly accepted as the best path to investing in real estate for those with little experience, capital, good credit, and time. This can make it a great choice for those that want to make money fast, minimize financial risk, need extra income to get ahead, or who just want to pile up some surplus cash for a rainy day and thinking about retirement. However, wholesaling shouldn’t be underestimated. It can also be a long term strategy for producing consistent income and building substantial wealth. It’s all about how you invest your profits. Wholesaling real estate and houses can ultimately play a very important role in every real estate investor’s portfolio over the long haul.

What are the Mechanics to Wholesaling Houses?

1. Learn how to Identify Motivated Sellers
2. Create a Plan and Set Objectives and Goals
3. Identify distress undervalued properties
4. Make offers, negotiate and put contracts on properties
5. Begin marketing the wholesale deals to cash buyers
6. Assign your equitable interest in the deal
7. Rinse and Repeat

What Are The Benefits of Wholesaling Houses?:

• Low to No risk
• Speed to getting started and getting paid
• No advanced knowledge of renovating houses needed
• No dealing with tenants
• Ability to use other people’s money to finance your Wholesale Deals
• Lump sum cash paydays
• Easily fits into your schedule

In a nutshell; newbie and veteran real estate investors can do as much or as little wholesaling real estate and houses as they like at any time, get in and out quickly, and make large profits with the least amount of risk.

How much money you can make is entirely up to you. Some real estate investors will wholesale houses just a handful of each year in their spare time. Others may flip ten or more properties this way each month. The profits on each house will range in profits.

Still, for those that are serious about wholesaling real estate it pays to invest in getting some basic real estate education and understanding of how these transactions work, as well as putting a system in place that will put you in a position to get PAID and shorten your learning curve.

I”ll See you at the closing table,

Marcel Umphery the “R.E.I. Successmaker”