How To Wholesale Real Estate
| January 28, 2009 - Posted In: Real Estate Investing Articles |
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By: Brandon of Brandon’s Real Estate Investing Tools
What I’m about to share with is one of the most powerful strategies for profiting with real estate. If you’re new to this and just getting started what I’m about to say next might sound like an absolute scam and an impossibility.
This was my initial reaction when I first learned about the strategy of wholesaling real estate – it sounded too good to be true. But once I gave it a chance, fully understood the concept and saw it in action I was a believer.
By the end of this article you’ll fully understand how to wholesale real estate and…
- How you can get started with little no risk, money and investing experience
- How to wholesale homes quickly for $10,000, $20,000, $30,0000 and more
- Why this IS NOT rehabbing or landlording
- Why wholesaling should be the backbone of your real estate investing business
- And more…
This powerful real estate investing strategy can be broken down into four main steps.
Find – As a wholesaler your priority is marketing for leads. Most of your time, energy and effort should be spent on lead generation. Without a property lead you have nothing to work with.
Evaluate – After you have that property lead you’ll evaluate this lead and decided whether it’s deal or not.
Secure – When you’re evaluation is complete and the lead would be a good deal you’ll secure it with a legal document.
Assign – Once the deal is secured you “assign your right to buy” to another investor – rehabber or landlord. This investor pays you an assignment fee for finding and negotiating the deal and the investor buys the property from the seller.
These four main steps are real estate wholesaling simplified.