I suggest you build your Buyers' List first. Working backwards in wholesaling is much more effective. Find out what your buyers are looking for then go find the properties for them - much easier method for sure.
I am a newbie wholesaler and wanted to know what order do you present the contracts in during the deal phase. For example do you first have the seller sign an "Options Agreement" and secondly sign the "Purchase Agreement" and then Thirdly do the "Assignment Contract" with the end buyer? With so many contracts out there I just wanted to make sure I have all bases covered....I see some "gurus" refer to getting options agreements while others don't at all
Nice channel. For anyone interested I have a wholesaling course on ebay for sale. It is Steve Cooks Wholesaling for quick cash. Check out my channel if interested
Hey- How old were you when you made your first investment in real estate? And what kind of investment was it? How much did you put down? And what type of Real Estate investments do you make today? If you don't mind me asking- you can write my inbox if you'd like. Thanks!
@HockeyAdvice - Thanks for your question. I'm 27, i've been involved in real estate for about 15 years, mostly managing rental properties for our family business (buy and holds). My first deal was done 3 years ago, which happened to be an owner occupied home that was being sold by the owner. I slipped in and paid $110K cash, at the time the property was worth around $160K, with about $20K in repairs. I ended up renting the property out and am currently cash flowing $300 a month on it.
@reiclub Thanks man, have you done any other deals since then? What other kinds of ways have you invested in Real Estate? I know there are tons of ways to invest. Thank you!
@reiclub 3% ROI .. ? or what ROI (rationale/reasons) did you base this purchase on? if you were to attempt to refi this house wouldn't your DTI be to high? sorry, 4 the pointed questions here.
@HandsomeDee92 - If the deal is structured correctly, the Investor can make $20K based on the ARV - After Repaired Value. The investor (end buyer) is purchasing low and selling much higher, whereas the wholesaler is buying low and selling low.
im new to wholesaling, i did send you an email through your website with some questions i wanted to clear in my head. I also wanted to ask several other questions but first ill just wait for you're response. Thanks.
I've heard that you should build your buyers list prior to finding deals. Which is better ? Should you find the deals first then build your list, or the other way around ?
@Dmacho78 - Hi. The reason why you should setup a buyers list first is because this provides you the opportunity to do back-to-back closings. When you hear people close deals in 72 hours, it's because they have buyers lined up already. You could try to find buyers after you have acquired a deal, but frankly, its not a good use of time and could potentially eat into your profits.
Lets say i have the property under a flex option, and i find an interested buyer ready to purchase, how do i go about going through the final process so i can get paid? im stuck, anyone able to assist me on this one? i think im just missing a few pieces to make this puzzle a full picture. Im also a little confused as to who will be paying me buyer or seller?
@ofiremusic - Hey Marsh, do me a favor, if you could fill out a contact form on our website, on the left hand side you will see a site navigation bar, scroll to the bottom, and click the 'contact us' link. Simply direct the question to me, and i'll be able to further assist you. Thanks for your question.
Great video Frank. I live in Louisville, Ky. and I'm having a real hard time finding the Wholesale deals. The market just hasn't taken as big a hit as some of the other places in the country. When I find one I'll be ready, thanks to you. Keep up the great stuff.
Wow, you're awesome!
brillianthomesInvest 1 week ago
I suggest you build your Buyers' List first. Working backwards in wholesaling is much more effective. Find out what your buyers are looking for then go find the properties for them - much easier method for sure.
oyanej 1 month ago
VERY informative, thanks.
coolassclay 2 months ago
Hi and thanks for the great videos!!!
I am a newbie wholesaler and wanted to know what order do you present the contracts in during the deal phase. For example do you first have the seller sign an "Options Agreement" and secondly sign the "Purchase Agreement" and then Thirdly do the "Assignment Contract" with the end buyer? With so many contracts out there I just wanted to make sure I have all bases covered....I see some "gurus" refer to getting options agreements while others don't at all
MyGlobalAdventures 3 months ago
Nice channel. For anyone interested I have a wholesaling course on ebay for sale. It is Steve Cooks Wholesaling for quick cash. Check out my channel if interested
GeoMasterz 3 months ago
This has been flagged as spam show
Hey guys I'm selling a wholesaling course on ebay if interested. Check out my channel for more details. Selling it for cheap!
GeoMasterz 3 months ago
Hey- How old were you when you made your first investment in real estate? And what kind of investment was it? How much did you put down? And what type of Real Estate investments do you make today? If you don't mind me asking- you can write my inbox if you'd like. Thanks!
HockeyAdvice 3 months ago
@HockeyAdvice - Thanks for your question. I'm 27, i've been involved in real estate for about 15 years, mostly managing rental properties for our family business (buy and holds). My first deal was done 3 years ago, which happened to be an owner occupied home that was being sold by the owner. I slipped in and paid $110K cash, at the time the property was worth around $160K, with about $20K in repairs. I ended up renting the property out and am currently cash flowing $300 a month on it.
reiclub 3 months ago
@reiclub Thanks man, have you done any other deals since then? What other kinds of ways have you invested in Real Estate? I know there are tons of ways to invest. Thank you!
HockeyAdvice 3 months ago
@reiclub 3% ROI .. ? or what ROI (rationale/reasons) did you base this purchase on? if you were to attempt to refi this house wouldn't your DTI be to high? sorry, 4 the pointed questions here.
nachknock 2 months ago
Great channel! Just wanted to drop in and say hi!
JaxInvest 3 months ago
This has been flagged as spam show
investors needed buy houses below 50% ARV! go to wholesale homes here.com
allaboutbenjiis 4 months ago
Can you make a video on how to fill out a assignment contract with a camera on the contract? Thanks!!
bmcknight007 4 months ago
Can you make a vifeo
bmcknight007 4 months ago
how does the investor make 20k
HandsomeDee92 5 months ago
@HandsomeDee92 - If the deal is structured correctly, the Investor can make $20K based on the ARV - After Repaired Value. The investor (end buyer) is purchasing low and selling much higher, whereas the wholesaler is buying low and selling low.
reiclub 4 months ago
Great video on wholesaling real estate. Keep 'em coming!
Dave from Cedarbrook Properties
cedarbrookproperties 5 months ago
hi there,
im new to wholesaling, i did send you an email through your website with some questions i wanted to clear in my head. I also wanted to ask several other questions but first ill just wait for you're response. Thanks.
23muba 5 months ago
I've heard that you should build your buyers list prior to finding deals. Which is better ? Should you find the deals first then build your list, or the other way around ?
Dmacho78 7 months ago
@Dmacho78 - Hi. The reason why you should setup a buyers list first is because this provides you the opportunity to do back-to-back closings. When you hear people close deals in 72 hours, it's because they have buyers lined up already. You could try to find buyers after you have acquired a deal, but frankly, its not a good use of time and could potentially eat into your profits.
reiclub 6 months ago
Very well put! great explaination!
kanjikevin 7 months ago
I'd like to see a video on real estate development. Do you think in this current market there are a lot of whole sale deals to be done?
Jordanspiegel 7 months ago
Lets say i have the property under a flex option, and i find an interested buyer ready to purchase, how do i go about going through the final process so i can get paid? im stuck, anyone able to assist me on this one? i think im just missing a few pieces to make this puzzle a full picture. Im also a little confused as to who will be paying me buyer or seller?
Thanks for your help in advance
Marsh
347-366-4112
ofiremusic 8 months ago
@ofiremusic - Hey Marsh, do me a favor, if you could fill out a contact form on our website, on the left hand side you will see a site navigation bar, scroll to the bottom, and click the 'contact us' link. Simply direct the question to me, and i'll be able to further assist you. Thanks for your question.
reiclub 6 months ago
Great video Frank. I live in Louisville, Ky. and I'm having a real hard time finding the Wholesale deals. The market just hasn't taken as big a hit as some of the other places in the country. When I find one I'll be ready, thanks to you. Keep up the great stuff.
derbyrun1 8 months ago
@derbyrun1 - Thanks for your comment!
reiclub 8 months ago