Wholesale Real Estate
One of the best ways to get started in real estate investing is wholesale buying because it typically requires no capital or cash on your part. In a wholesale deal, you obtain a property under contract below its market value. You then assign your interest in the contract to another buyer for a fee. Done correctly, wholesale buying allows you to quick-turn properties into CASH!
This powerful elite training will show you ways to locate, evaluate and negotiate for wholesale properties in some of the nation's most dynamic markets, as well as how to apply this knowledge to properties right in your own backyard.
Wholesale Real Estate Learning Objectives
- Identifying the five key parts of wholesaling real estate (FIELD)
- Understanding the benefits of using wholesaling as an exit strategy
- Finding buyers to purchase your wholesale deals
- Building a database of buyers
- Using marketing & advertising tools to find deals
- Identifying sellers among various referral sources
- Formulating the Maximum Allowable Offer (MAO) to ensure you do not overpay for a property
- Using clauses in your contracts to minimize risk
- Marketing & advertising deals to find buyers
- Controlling the deal by providing lending sources to potential buyers
- Qualifying & negotiating with buyers
- Using an assignment & a double closing to increase your success
- Networking with HML to find the cash you need
- Creating a personal action plan!
These real-world strategies and tools, coupled with top-notch instruction, provide both an eye-opening and energizing experience. If real estate entrepreneurship is what you seek, then Rich Dad Education's Elite Wholesale Buying is a must.