How To Determine Your Maximum Offer
If you are going to be assigning your contracts, you need to ensure a good margin for your AS IS Cash Wholesale Buyer to Buy! Here’s the formula I use for single family homes:
The Maximum Offer (MO) is calculated by first determining what the house will be worth after renovation which is referred to as the After Repaired Value (ARV); less the rehab dollars required; less the Buy/Sell/Hold (B/S/H) costs; less profit amount desired
Continue reading How Do You Know What To Offer On A Property
What you are going to read below is totally different from everything you have every learned about wholesaling. I will teach you how to do this methods of real estate investing totally different from any other guru. None of the techniques require ANY money, credit , or experience. So if you find yourself in one of the categories below :
* You are already a traditional investor who owns at least 1 rental property
* You have ordered at least 1 other course but haven’t gotten started yet
* You are actively involved in real estate and have studied many courses
* You know absolutely nothing about real estate
This wholesaling course is designed for ALL of you. I cater to those who know absolutely nothing about this business. All you need is the information in this Course (and the appropriate included contracts) to make more money than you’ve ever dreamed possible! Are you ready to change your life? Let’s get started!
Now it’s time that we are put the different pieces of the puzzle together. In this section we will go over the simple steps of making money in real estate without leaving your house. Once you understand this you can get your first deal going within 15-20 minutes. You can do these deals from anywhere you choose as long as you apply the model.
First let’s do a quick recap of the kinds of deals you are going to be doing, since you want to be able to work with any buyer, seller, investor, etc you must have an arsenal of tools and solutions at your disposable. Now we need to know the categories that each potential deal will fall under.
Continue reading How To Buy And Sell Houses Virtually
Techniques to Assigning Deals for More Profits
When I first started flipping properties, I assigned my deals to the first investor I could find not considering that it could be possible to make more profit. Now, that I have become more experienced, I selectively accept contract assignments.
Today I want to discuss how you should assign a deal to an investor the proper way for fastest results and many times larger profits. Continue reading Tips for Assigning Deals for Faster Profits
Today we want to cover the processes of putting your business on autopilot. I have laid out the exact steps, roles, responsibilities, time frames and business process for each part of doing a wholesale deal over the internet.
Continue reading Virtual Wholesaling Business Process Maps
The secret to investing virtually and ensuring how to get paid
Virtual “Online” Transaction Coordination is the latest in time saving method.
What are the benefits of hiring a Virtual Transaction Coordinator?
Continue reading Virtual Transaction Coodination – Getting the Deal Closed
Flipping homes can be confusing when you are just starting out. Especially if you are new to the real estate industry. For you newcomers, here are some quick start steps:
Continue reading Cheat Sheet to Quick Turning Houses: Steps To Your First Flip
What is virtual real estate investing?
Many people don’t believe that you can actually invest virtually. My definition of virtual investing is “Property that is purchased and added to your portfolio and that is never physically touched”. I combine this strategy with pure internet marketing to find leads, and also find hungry buyers to wholesale to for quick cash.
I do think it is important for everybody to beware of the fact quick turning real estate is a strategy that solves your short term cash flow needs, I also would advise that look forward in the future and develop a long term strategy for buying and holding after you have cash reserves so you don’t have to constantly be working.
I wholesaled 45 houses last year all without any credit and without putting down more than 10 dollars as a binder fee. Wholesaling or “Quick-turning” is the best way into the real estate investing business. Doing it online at home in your pajamas makes it ideal! My goal is to share with you how to do this simple, easy, duplicable system.
When I first got started, I used to invest only my area. But for many people their backyard economics don’t make any sense or they can’t find deals. My personal portfolio is spread out over 18 states, and I don’t have a one property that doesn’t produce a positive cash flow. I started with nothing, and I really understand that the biggest challenge for people is that they don’t have money or credit available to do deals.
I am going to show, how you can get big chunks of cash when you wholesale. I have never seen a business, where I have been rewarded in the way I have financially as this one. In this business, if you are willing to put in the time, the money that comes back to compensate your time is unbelievable. My goal is to deliver the plan in this manual that can do 5 – 10 thousand dollars easily every month. This is a very easy duplicitable system and I you can follow along exactly what we do on daily basis, to make money. Continue reading Virtual Wholesaling and Investing Business Processes
How many times have you let fear stop you from doing what you wanted to do? We all think we’re beyond that. However, the truth is, fear stops everyone at some point in their lives. Think back to a specific incident in your life where you were so intimated by the “what ifs” that you completely talked yourself out of your idea. Have you ever convinced yourself that obstacles were insurmountable and there was no point in proceeding?
Continue reading Help for Your House Flipping Fear
Using a non exclusive option, is a great way to start doing deals if you are nervous about signing a purchase and sale contract, or the owner would still like to sell it himself. BUT it can also be used to pick up more deals that so close to the number you need to be at to make a profit .
Continue reading How, Why and When to Use a Non-Exlusive Option Contract
You have done the marketing, you know the numbers, you want the deal. However the seller may still be in the “let me think about it mode”. Overcoming his objections and knowing how to spur his decision making process along is key! You want to get the contract now. Here is how:
Continue reading How To Get The Seller To Sell To You FAST