Secret Strategy to Wholesale Real Estate for BIG Profit 2020

uncover common myths about real estate wholesaling and learn to find deals by debunking beliefs like not enough deals, you'll get stuck, and you don't need money or realtor status.

Avoid mainstream websites such as hot pads dot.com, realtor dot.com, Zo dot.com, truly a dot.com, and Remax dot.com when sourcing deals; pursue off market opportunities not shown on these sites.

Identify motivated sellers facing hardships, needing money fast, economic circumstances, or inheritances, and learn to acquire their properties for pennies on the dollar.

Identify motivated sellers by spotting urgent selling phrases, such as 'need to sell soon' or 'moving out of state,' and hunt these cues to guide wholesale real estate deals.

Identify non motivated sellers to avoid wasting time on negotiations with those unwilling to sell cheap, and look for motive baited or motivated sellers to maximize deals.

Identify hot zip codes where buyers are purchasing homes in the last six months using realtor lists or ListSource, then build a targeted list by location, property type, and markets.

Master direct mail strategies to reach motivated sellers for wholesale real estate. Learn to craft standout letters and postcards, and assemble absentee, probate, and tax delinquent lists.

Learn to pull absentee owner lists from Melissa Data to target private owners in and out of county, filter by property type, and export a csv for wholesale real estate.

Use your list to drive direct mail, starting with a cheap postcard, then repeat six to eight follow-ups to the same list using handwritten or invitation envelopes every 30–60 days.

Explore strategies to locate motivated sellers, including for sale by owner signs, driving for dollars, bandit signs, and social media outreach, with guidance on signs and double closing basics.

Learn to analyze wholesale real estate deals by calculating ARV, estimating repairs, and setting your maximum allowable offer using MLS comps and investor-friendly realtors.

Learn to estimate repairs and compute MAO from ARV, subtracting costs and assignment fees, using quick formulas for cosmetic work, kitchens, roofs, and rentals for wholesale deals.

Get started now by marketing, calling sellers, and sending letters or postcards, even without a business name; stay consistent, finish what you start, and keep marketing to secure deals.

Get properties for pennies on the dollar by building rapport, caring for the seller, and listening; educate them on value versus assessment and follow up to close without sounding desperate.

Control the deal by using a Purchase and Sales Agreement, fill out the contract with the full legal description from the tax assessor site, and ensure all owners sign.

Identify an investor-friendly title company used by others on Facebook or BiggerPockets after you sign the contract, then email your contract to that title company in your city.

Identify cash buyers who close in 7–10 days and pay all cash, verify funds, and avoid non cash buyers. Learn pricing for fix-and-flip and buy-and-hold investors.

Explore multiple strategies to locate cash buyers for wholesale real estate, including bandit signs, Craigslist and Facebook ads, tax assessor searches, Google ads, realtor referrals, joint ventures, and mass outreach.

Agree on price with the cash buyer, fill the assignment of contract, send it to title company, set closing date, and review HUD-1 to decide between traditional or double closing.

Identify absentee owners' properties, market via direct mail or bandit signs, view and assess, present MSO offers, sign contracts, pass through the title process, find buyers, and repeat for profit.

Automate your wholesale real estate business by outsourcing, using a virtual assistant and a crm to manage leads, buyers, and marketing campaigns, starting slow.