The Wholesaler's Assignment of Contract
5.0 (1 rating)
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The Wholesaler's Assignment of Contract

Learn to Assign properties to investors and become a wholesaler
5.0 (1 rating)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
5 students enrolled
Created by Lance LaGrange
Last updated 5/2016
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 33 mins on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Assign a Contract to an Investor
View Curriculum
Requirements
  • You should have a sample purchase agreement to reference
Description

One of the biggest concerns of people wanting to become a wholesaler is "where do i get the contract?" This course will provide the contract that you can use in all 50 states and will give you the instructions on how to use it. The Assignment of Contract is what wholesalers use to make money in real estate. Learn all the components of the contract and when to use it. Also get 2 bonuses, including using the Double Closing as another tool to make more money.

Who is the target audience?
  • Wholesaler's that need an Assignment of Contract
  • Wholesaler's that want to understand how an Assignment of Contract works.
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Curriculum For This Course
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Assignment of Contract
6 Lectures 33:15

Explanation of how an Assignment of Contract works.

Preview 03:22

Which parties are involved and some tips on how to do the business.

What Parties are Involved?
05:33

Should you collect an Earnest Money Deposit from the Investor? What is it used for?

Earnest Money Deposit
08:34

What is a Double Closing and how does it work?

Preview 06:54

How to protect your interest and make sure you get paid, even if a seller wants out.

BONUS - What happens if the seller backs out?
03:33

Can you still make the deal to work? Can I just turn it over to the title company and walk away?

BONUS - What happens if there are title problems?
05:19
About the Instructor
Lance LaGrange
5.0 Average rating
1 Review
8 Students
3 Courses
Wealth Engineer

After serving four years in the Marine Corps, the next logical step seemed to be going to college. Graduated from UL Lafayette with a degree in Education, got a teaching job, got married and bought a house. After we had our first child and we decided that my wife would not go back to work.  It didn`t take long to see that the budget wasn`t going to work on a teacher's salary.

       After what seemed like an endless search for a job to support my family, including termite inspector, software support, and vacuum salesman, I ended up in the oilfield. It was obvious that this was a great income for my family, but at the cost of never being home. My job had a 12 days on and 2 days off schedule. 

       During breaks and lunch I started reading books about how self-made millionaires became wealthy. The book that started it all for me was Rich Dad Poor Dad by Robert Kiyosaki. I began to study real estate and all of its advantages. Since I was a bit of a spreadsheet wizard and had a knack for analysis, I had a friend that knew how to invest teach me how to help him find good deals.

       In January 2014, I quit my oilfield job and started working on my wholesaling business. Looking back, I have no idea how I made it. There were a few times in the beginning where I would go a few months without a deal, which meant no income. Over time I built my base of referrals and contacts that were looking for investment properties and my business began to grow. 

      Today, I am as excited as ever to help investors build their wealth to be able to retire comfortably and allow their family to inherit a legacy.