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.
Which parties are involved and some tips on how to do the business.
Should you collect an Earnest Money Deposit from the Investor? What is it used for?
How to protect your interest and make sure you get paid, even if a seller wants out.
Can you still make the deal to work? Can I just turn it over to the title company and walk away?
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.