wholesaling: Wholesaling Real Estate - 21 Must Know Tips!
- 05/09/11 08:34 AM
1. Over paying seller - This common mistake is usually done by those starting out. The reason many over pay is because they lack fundamental real estate knowledge and are itching for their first deal. Over time, most wholesalers will know what their price points should be and knowledge comes from learning and doing. Take time to learn the price points investors are buying real estate in your area. Call a realtor and start getting info! 2. No marketing strategy - A business with no sign, is a sign of no business! It does not surprise me that those who struggle … (0 comments)
wholesaling: 5 Must Know Tips When Investing In Chicago Real Estate!
- 01/27/11 03:45 AM
5 Must Know Tips When Investing In Chicago Real Estate! (w/video) We have worked with Chicago’s top real estate investors, realtors, and wholesalers in the last few years. We have seen people come and go as you could expect in such a unstable market. Fortunately, we have seen what has made other successful and other investors fail. Whether you are a wholesaler or investor looking to get into the Chicago market, there are rules that will help you get started in the right direction which we will share exclusively with you. Below we have complied five tips that can help you … (0 comments)
wholesaling: 5 Types of People You Should Be Aware of When Wholesaling Real Estate
- 07/22/10 11:52 AM
Real Estate investing is probably the quickest way you will get to your dream income. Wholesaling will be your way into this industry. As you start building your business and generating leads, you will need to know what type of people you're talking to. Whether it is another wholesaler, a seller, a potential buyer, there are certain personality types you must try to avoid or learn to deal with. These types of individuals can waste your time, energy, and ultimately money. Take notes because you will need to look out for The Big Talker, The Middle-Man, The Weasel, The Yapper, and … (0 comments)
wholesaling: 5 Practical Tips to Help Anyone Wholesaling Real Estate Improve Their Business
- 07/19/10 03:24 PM
Many wholesalers get into the game with great intentions but fail due to bad planning. My tips are to help people know and understand some vital components that go into a wholesaling business. From organizing your folders and joinging facebook groups, these tips come from what the top wholesalers in the industry teach others throughout their coaching or courses Follow up System - Cleanliness is Godliness, right? Same goes for your work space. You will want to have a filing cabinet divided into 12 sections. Each section should have 31 folders in it. The sections represent one of the 12 months … (1 comments)
wholesaling: 5 Tips on How to Spot Potential Wholesale Deals
- 06/22/10 01:42 PM
When you are driving through your farm area, you must know the typical signs of your average wholesale property. Not always do the properties exude these characteristics, but if they do, it is a great indicator of its potential as a wholesale deal. As if we were playing poker, I have listed 5 obvious tells of a potential wholesale property. If you see a property with two or more of these tells, start finding the owner because you can bring it in and flip it to your buyers! Grass and lawn are un-kept. This is not always a give away, … (0 comments)
wholesaling: Tips on Using Craigslist to Wholesale Real Estate
- 05/24/10 02:32 PM
If you are new or just getting started in the wholesale real estate business, you probably want to get down to nitty gritty.I respect that so lets get started. If you don’t already know, Craigslist is one of the most visited websites online today. It gets billions of hits and it is one of the top searched sites for every major city in the US. Not only is this site free, it’s great to boost web traffic and get in front of a targeted audience. As a wholesaler, craigslist should be on top of your must do list everyday. Although it … (5 comments)
wholesaling: 5 Tips on How to Find Cash Buyers Using the Internet
- 05/20/10 04:40 AM
5 Tips on How to Find Cash Buyers Using the Internet If you are just now getting into the profitable world of wholesaling, the internet is a tool you should become an expert in. The majority of buyers and investors are going online to find deals. There are so many websites, listing pages, and classified ad sites that its hard to tell which is best. It is always changing and will never be the same, but for now, I have compiled a list of sites and online tricks a wholesaler should be doing in order to find cash buyers for their … (3 comments)
wholesaling: 5 Tips of Advice When Working With Other Real Estate Wholesalers
- 05/18/10 09:26 AM
As a wholesaler you should always call on the “we buy houses” signs scattered throughout your town. Despite the advise of gurus, I recommend you always be honest and say that you are a wholesaler working with cash buyers to do deals. I bring this up because when you start putting up signs, you will be getting called by others who claim to be cash buyers when they are just wholesalers. Knowing other wholesalers will help you leverage their time and efforts to get deals sold quicker. Like all the aspects of real estate investing, you should know what to look … (6 comments)
wholesaling: Five Reasons Why Wholesalers and Investors in General Should Have Their Real Estate License
- 05/15/10 02:02 PM
If you are a wholesaler or working with one, or just researching this niche in real estate for yourself, you will come across many uninformed individuals who will tell you that having a realtors license is needed to wholesale. These people are wrong and misinformed. They just don’t want you to promote yourself as a real estate advisor or consultant unless your licensed, which is what they are trying to tell you. Just remember this, as a wholesaler you are acting as a buyer and any contract is assignable to another person. Simple as that. BUT regardless of the fact that … (0 comments)
wholesaling: The Two Types of Motivated Sellers All Wholesalers Should Find
- 05/14/10 10:40 AM
When wholesaling real estate, you must know who you’re targeting. While it is obvious that you must always be targeting sellers and buyers, what most guru’s do not stress is what type of buyers or specific sellers. If you think that you can put up a few advertisements alongside the road and in the grocery store and get a 20K deal, you’re wasting your time. Having a schedule for sending mail pieces and posting advertisements is critical to your success. You should have a laser-like focus on finding motivated sellers. The following are just two specific groups of sellers you should … (0 comments)
wholesaling: Here are my tips for anyone starting to wholesale real estate in Chicago.
- 05/03/10 09:59 AM
Here are my tips for anyone starting to wholesale real estate in Chicago.Chicago Wholesale real estate * Start in your backyard. I suggest you do not go further than 10 miles from your current address. If you live in or near downtown, you can always start in the nearby college areas like University of Chicago, UIC, Chicago State and so on. Take out a map of Chicago and circle the 10 mile radius from where you live. * Build a buyers list. In order to have a good wholesaling business, you will need to find your clients before you have a … (0 comments)
wholesaling: Five Tips to Know When Presenting a Contract for a Wholesale Deal
- 04/26/10 12:06 PM
1. Be aware of who will be looking at the contract. In general there should be 2 parties, the seller and the attorney. If they want to involve another party such as a realtor who is a friend, make sure you get their contact information before hand so you can establish rapport and answer any questions they may have directly. If the attorney is not familiar with real estate transactions, or wholesaling, just explain that it is all standard and that you will close quickly. Also note that if the contract will be seen by a realtor, having a $10 dollar … (1 comments)
wholesaling: Wholesaling Houses for Quick Cash
- 03/04/10 05:00 AM
Wholesaling Properties for Quick Cash. Ever see those late night infomercials that have telling their stories of how they made 40K within days in real estate without using any money and no credit? Well, technically, that is possible. What most of those infomercials are referring to is a strategy called, wholesaling. In case you are wondering, no, wholesaling is NOT illegal, no matter what ignorant lawyers and brokers tell you, and YES, it can be a very lucrative once you get up and going. Here is the simple process of wholesaling broken down for you. First you set out … (0 comments)
wholesaling: Social Media got you confused?
- 02/16/10 12:53 AM
Social Media - Get on twitter, Facebook, and LinkedIn. On each you will want to build friends and contacts that are in the real estate profession throughout your city or area. Yahoo groups are another great source. Also, set up a blog on WordPress and start writing about real estate investment deals in the area, or why your area is great to buy in. You post this article in your twitter and Facebook and you will slowly yet surely get responses! This is more of a credibility builder than anything. Buyers will go online and read articles you posted about property … (4 comments)
After years of working with various real estate investors and having been apart of many investing strategies, We have many tips for everyday real estate professionals.
We focus on finding motivated sellers and partnering with investors to help them get their properties sold Fast. Because of our niche, we offer great interment marketing tips and strategies for any level professional.
I believe in universal concept of balance and love. I in my monthly newsletter I try to stress concepts of sharing, giving, and appreciation in order to reach higher goals.
We focus solely on Chicago Investment Real Estate deals that help investors get immediate ROI.
*We are NOT nor claim to be agents, we work directly with INVESTORS and other real estate professionals*
1. Over paying seller - This common mistake is usually done by those starting out. The reason many over pay is because they lack fundamental real estate knowledge and are itching for their first deal. Over time, most wholesalers will know what their price points should be and knowledge comes from learning and doing. Take time to learn the price points investors are buying real estate in your area. Call a realtor and start getting info!
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