I want to break down Wholesale Real Estate business for you in 3 steps. By the time you finish watching this video, you won’t have to wait to close a deal to create cash flow. What is wholesale real estate? Details Explained in Video It’s a business model, a sector of real estate investing, that allows you to secure equitable interest in real properties at a discount typically at 65% of the market value or lower, then turn around and sell it to others for a profit. That’s a quick wholesaling real estate 101 for ya. There are tons of wholesale real estate books, websites and seminars out there and that has posed to become a challenge like anything in life. It’s not saturated if you are a master of people and marketing. Wholesaling Real Estate Step by Step 1. Find a motivated real estate seller who wants to get rid of a property and its liability. Traditionally, direct mailing, knocking on doors, calling for sale by owners are ways to find them. In today’s digital market place, those are very expensive strategies. 2. Negotiate an off market discounted deal with seller. 65% price to value ratio or lower. The [...]
↧
