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Real Estate Investing Training Video - How To Wholesale Houses Part 1

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Uploaded by on May 16, 2008

Real Estate investing video training http://www.localmentor.com Michael Jake discusses how to simplify wholesaling houses. Simple Steps to Wholesale a House for Cash in less than 2 weeks

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Education

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Uploader Comments (localmentor)

  • Where in colorado do you live?

  • @alibetan - Colorado Springs

  • Im getting my main source of income from my pharmacy so all the money i invest is mine, but how can i haggle people down to a lower price...thanks!

  • I use a seller presentation and go over "average costs of selling" backing out commissions/closing costs/concessions/repairs/time on the market, etc to start about 15% below market then leverage expensive contractor vs what I can actually get the work done for on rehabbing - can also throw in the "I am about speed and convenience so you can sell on what ever day works best for you and I'll deal with the hassles of fixing it up, but I don't work for free.

  • I present myself as an investor. I tell them I can close in less than a week - they don't care if someone else brings in the cash, they care that the house is sold and they get the cash promised on the date expected.

  • Usually response dwindles with the "buyers list" ability to find $ to buy your deals. I would always keep on top of funding sources for your buyers. When ever I've added a new buyer who wants to play but doesn't quite know how, you can line them up with financing sources and how to do the deal - spending a little extra time with them can result in not one but MANY deals.

    Different buyers have different criteria as well, if you old list isn't responsive, find ways to FIND the active buyers.

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  • I used to live in the springs..real estate can be exciting there..keep up the videos!!

  • Fab videos... thanks for taking the time to share them!

  • I agree, most real estate investor especially those involve in whole selling property concern on marketing the property they finance.

  • I like this video

  • Thanks for the advise! You are a great coach.

    Jaye

  • Great video! I wholesale properties also and am always looking for ways to add to my buyers list! You had some very good ideas that I can use. Thanks

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