As a real estate wholesaler, you perform a very valuable service. You help motivated buyers and sellers find each other in a very noisy market. The real estate wholesaler is not always looked at as a benevolent soul trying to make everyone’s life better. It may be that people consider you as a pest, someone … Read more
In this third installment of “How Much Does a Roof Replacement Cost?” we focus on inexpensive ways to replace a roof, the average cost to remove and replace a roof, and the cost of other roof materials. For a comprehensive review of the topic, please review Part 1 and Part 2 of this series. What … Read more
You’ve decided that you are going to replace your roof. Now, you are looking for roofing materials, roof replacement estimates, and ways to save money. Bravo! There are numerous ways to achieve your goal and do it in a way that doesn’t make you bleed money or leave you with a roof replacement that doesn’t … Read more
You are most likely going to have to replace your home’s roof at some time. The average roof is designed to last 25 years but may last fewer years if the elements have been very unkind to it and/or the original work done was not of high quality. When this happens, you may become very … Read more
Wholesaling real estate can be a lucrative side income or full-time occupation. Connecting a seller and buyer and taking a “finder’s fee” without having to tie up your own capital in a property can be a great way to do deals quickly. But how do you start wholesaling real estate? To someone who has just … Read more
Wholesaling houses can be a lucrative source of income if you have the skills to find properties and sell them with a good margin. After all, you’re not buying the property itself at any stage during the process, so you can make thousands of dollars just for acting as the middleman between the seller and … Read more
There has been an ongoing debate about whether selling real estate wholesale is legal. If you ask real estate professionals, you can get many different answers but often never the same answer. Real Estate Wholesaler’s Niche First, let’s look at the niche real estate wholesaler fills in the real estate market. A real estate wholesaler … Read more
If you’re a real estate wholesaler or just cutting your teeth on the topic, take a look at these must-know real estate terms. For those of you who know all of them, bravo! But, if there are some terms that you don’t know or are unsure about, review them and make sure you understand them … Read more
If you have never closed a real estate deal, you may be forgiven for thinking that it is a simple transaction. The buyer and seller meet, agree to the contract terms, exchange cash, and go on with their lives. Of course, that is not how it ever happens! There is a lot of paperwork, negotiating, … Read more
Buying real estate from a wholesaler can be a great opportunity to purchase an undervalued property, fix it up, and reap profits later. Finding a good wholesale property, though, isn’t as easy as buying a property on the regular real estate market. Wholesalers are often on the clock – they have binding contracts with closing … Read more
Wholesaling real estate, on the face of it, seems like a straightforward enough business. You find a property and seller, enter into a purchase contract with them, and then sell and transfer that contract to the end buyer. Unfortunately, it’s often more complicated than that, not least because laws and regulations vary from state to … Read more
Like some of you, I was once a novice in wholesale real estate, and I scavenged the Internet for all the information that I could find on it. Now, there are guides, like this one, to explain how wholesale real estate contracts work. So, whether you are new to being a real estate wholesaler, researching … Read more
We have compiled a list of some of the must-know vocabulary for all you hustlers working in wholesale real estate or thinking about getting into it. The vocabulary you need to know is a bit different from that used by real estate agents and bankers since real estate wholesalers work with cash buyers, not buyers … Read more
Real estate wholesaling is a way of making money with properties that you don’t own without going through the hoops of becoming a real estate agent or broker. You don’t buy the property, so you don’t need to invest large sums in it. Still, people interested in this business wonder if they need to invest … Read more
Have you decided that you want to be a real estate wholesaler but don’t know where to begin? Or, do you have some lingering reservations because you don’t know how to handle the money part? Well, read more and find out how to manage your taxes so that you don’t have to give the bulk … Read more
People in the fix-and-flip business often find themselves in a fix when it comes to finding money for house flipping. As portrayed by most TV reality shows, house flippers buy cheap property, remodel it, and then sell it for top dollar. While it’s indeed true, these shows tend to not show what happens between the … Read more
Investing in a house flipping business involves great risks. Not only is it costly to get started in the first place but it brings along the complexity of dealing with taxes, purchase and repair costs. This often intimidates real estate investors – and that’s a shame considering the lucrative nature of the business. This is … Read more
Flipping short sales houses is a great way to make profits under certain market conditions. However, errors can be costly in terms of time and money. In this article we discuss some of the worst mistakes when flipping a short sale house. Mistake #1: Assuming Everything is a Quick Short Sale Flip An ideal short … Read more
“Should I flip wholesale houses?” This is one of the first questions people ask when thinking about doing short term real estate deals. There are pros and cons to wholesaling that should be considered before starting this type of business. Deciding between buying & flipping and wholesaling houses can be challenging because both can be … Read more
Flipping REOs can be a very profitable endeavor. The key is knowing the process and the ways to do it effectively. What are REOs? REOs (Real Estate Owned) are properties owned (or “taken back”) by a lender after the sale at a foreclosure auction did not succeed. Lenders that have REOs include banks, government loan … Read more