Getting Started? This should be easier than Wholesaling

Getting Started?  This should be easier than Wholesaling
I have posted a lot about wholesaling and how I think it should be done on this blog.  Many beginners seem attracted to it because it requires the least amount of capital and has very few moving parts.  In reality I think this is one of the hardest things a real estate investor...

Real Estate Wholesalers – Step It Up

Real Estate Wholesalers – Step It Up
I am probably on 20 different local real estate wholesalers email list and it seems like the same thing happens over and over again. Wholesaler A sends an email blast with a property that is advertised as the next greatest deal.  Usually it is beside train tracks and on a busy street...

House #48 – Wholesale Deal that didn’t Sell

House #48 – Wholesale Deal that didn’t Sell
House #48 was a small and average house on a big lot in a decent area of town, we originally bought it and planned to make it a rental house.  The lot seemed good on paper but in realty it wasn’t easily to expand the property or subdivide the property, so we decided to attempt...

House #60 – Fire Damaged Wholesale House

House #60 – Fire Damaged Wholesale House
I just got back from a short vacation and decided to find some time to write this post from the airplane. House #60 is another fire damaged house we bought, this one in LA County.  It is about 50 miles from us, so we called a couple investor friends and ended up selling this one...

Investors You Need to Write Clean Offers to Banks!

Investors You Need to Write Clean Offers to Banks!
I recently listed one of the houses we purchased on the MLS with no repairs, asking for a cash-only investor. Trying to wholesale real quick via the MLS.  Sure enough, I got a ton of phone calls the first couple days and some interesting things happened. The lock-box combo is not...

Inland Empire Wholesale Deal Sold – House #21

Inland Empire Wholesale Deal Sold – House #21
We closed our sale escrow on House #21 yesterday.  The time line when exactly as planned out in my previous post.  The investor who purchased the property is on of the largest in the area and buys a lot of properties, so hopefully we can sell him a couple more. The profit margin...

What is Transactional Funding?

What is Transactional Funding?
If you are into or looking to get into wholesaling you will want to know about transactional funding.  A bunch of third party companies have set themselves up to help investors get this process done. Transaction funding is made for investors who would like to wholesale properties...

Inland Empire Wholesale Deal – House #21

Inland Empire Wholesale Deal – House #21
As I mentioned earlier we went through our options on House #21 and came to the conclusion that we had many good options, but wholesaling it was the highest on the list.  We’ve bought eight houses in the last 6 weeks and really don’t want to have six retail properties...

Earnest Money Deposit on REO Properties

Earnest Money Deposit on REO Properties
When you submit an offer on any piece of Real Estate you will have to provide an Earnest Money Deposit on the property.  This demonstrates that you are willing to take action on purchasing the property and you actually have the funds.Your deposit is a commitment to purchase the property...

California Escrow Companies – How to pick one?

California Escrow Companies – How to pick one?
So you’ve decided to get into wholesaling, flipping or the rental game.  Everyone has told you to get a strong support team ready to make your business a success.  Picking a good escrow company can make or break your business. To get to the basics, an escrow company is the...

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