How to Build Wealth With Wholesaling Real Estate

Name: How to Build Wealth With Wholesaling Real Estate
Rating: 4.6 (8 reviews)

Locating Wholesale Properties & Putting Under Contract Then Assigning To Investors For Profit

Created byKenneth Botwe

Last updated 6/2019

English

What you'll learn

Be able to properly structure wholesale business
Know how to protect your wholesale business
Locate motivated sellers
How and where to find houses well below market price
Evaluate a property's market value
Make the seller an offer
Place property under contract
Assign contract to other buyers or investors to earn a profit
Close deal and collect a check
Develop a contract using our provided example
Build an efficient wholesaling team

Course content

5 sections • 19 lectures • 1h 15m total length

Introduction3:20

Course Description2:50
Course Intro1:27
Structuring Your Business8:49
Structure your wholesaling business with an LLC or corporation to protect assets, separate personal and business liabilities, and comply with franchise tax requirements and federal identification requirements.
Wholesaling Transparency1:36
Wholesaling Basics3:39
Identify wholesaling opportunities by finding houses below market value, connect sellers with investors willing to pay prices that allow profit, and close 30 days using flexible contracts and lender referrals.
Wholesaling Circles0:37
Finding Motivated Sellers15:03
Identify motivated sellers and secure below market value deals through direct response marketing, social media, direct mail, and fast contract strategies in wholesale real estate.
Milestone 1

Wholesale Made Easy4:56
Learn how real estate wholesaling works: find distressed sellers, secure contracts under market value, and assign them to investors for a profit with transparency.
Building Seller’s and Buyer’s List3:58
Local Area Wholesaling0:40
Contacting Seller and Evaluating Property8:43
Making an Offer and Putting Property under Contract3:21
Learn how to make offers on wholesale real estate by using sales comps minus repair costs, capping at 65–75% of market value, and securing a contract with a small deposit.

Contacting Buyers and Assigning Contract3:39
Contact buyers and sign an assignment contract to wholesale a property, screen buyers, conduct inspections and appraisals, coordinate escrow and closing, and secure a ten thousand dollar profit.
Build a Team3:50
Build a strong real estate wholesale team by aligning vision with a capable manager and experienced mentors, and mobilize professionals to streamline transactions and reinvest.
Table List of Potential Team Members1:34
Closing and Getting Paid3:17
Maintain transparency from the start, telling sellers your intent and buyers you are a wholesaler. Use double closing to protect profits and anticipate costs.
Milestone 2

Requirements

No prior knowledge or skill is required.
Pen, pad, and calculator

Description

Most people think you have to have a lot of money to operate a real estate business. That is just inaccurate. In this course, I will lift the veil and show you how to do one type of real estate that requires little to no money. The type that I am referring to is called wholesaling. The premise of this type of real estate is about finding people that who for one reason of the other must sell their property, they are known as motivated sellers. Often at times, these motivated sellers are distressed as a result of debt, divorce, being an absentee owner, probate, foreclosure, having bad tenant. Regardless of what is causing them to be distressed, they all have one goal to be rescued.

In How to Build Wealth with Wholesaling Real Estate I will teach you how to locate these people, evaluate their property, make them an offer, and put their property under contract. Simultaneously you will learn how to locate buyers or other investors and assign a contact to them at a marked up price. In essence, I will show you how to become the middle man between motivated sellers and buyers. You will learn how to coordinate between the two, close the deal, and collect a check. There are some essential documents that must be executed, I will show you what they are and provide a copy to use as an example in crafting your very own, with the help of your attorney. Everything you need to know from initiating a conversation with a motivated seller to showing up at the Title Company at the day of closing to collect your check with be explored. You will leave this course with a clear plan on how to run your own wholesale business from A to Z.

This course is about Wholesaling Houses

You Need This Course If You Want:

To successfully wholesale
To acquire skills in real estate
To keep more of your own money
To be financially astute
To enjoy economic freedom
To create a plan for your finances
To become an entrepreneur
To build wealth
To properly protect wholesale business

Who this course is for:

Anyone who wants to start their own business
Anyone who wants to make money wholesaling houses
Anyone who wants to find property well below market value
Anyone interested in making money from real estate
Anyone who wants to start a real estate business with little or no money
Anyone who wants to build a list of buyer and sellers
Anyone who wants to assign properties for quick cash
Anyone who wants to work from home
Anyone who wants to operate a business with low-upfront cost
Anyone who wants to make a lot of money
Anyone who wants to operate real estate without a license

How to Build Wealth With Wholesaling Real Estate

What you'll learn

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Course content

Welcome!1 lecture • 3min

Let's dive in!7 lectures • 34min

Roll up your sleeves!5 lectures • 22min

Ready to make deals!4 lectures • 12min

Additional Resources2 lectures • 4min

Requirements

Description

Who this course is for: