However, this formula works just as well when you know your market and your numbers. Memorize it, study it, use it! The key here is practice.
Real Estate Investing For Real Estate Investors
Go out on a few appointments with a couple rehabbers or speak to some local contractors to get your numbers together. Immerse yourself in the process. Start with the entry level type house in your market and learn the most common repair items first. For example: roof, windows, boiler or furnace, paint, flooring, kitchen update, bath updates etc.
Typically, most investors look to secure properties and market to motivated sellers right out the gate. This can pose a real problem, especially if you are new. If you happen to get a property under contract what are y0u going to do to move it?
Who are you going to sell the contract to? Traditionally someone would get a deal under contract with a seller and then they would then have to hustle and scramble to find a buyer for it. This can be very stressful, especially when the clock is ticking to get the deal done. Remember that!
How to Make Money Flipping Houses
Reverse wholesaling just makes more sense. Screen them to find out what and where they are buying, then go out secure exactly that.
If you are looking to streamline this process so you can build your cash buyers list quickly then you need to check out this system. This is the exact system I used to generate most of the cash buyers in my market and you can use it in your market or any other market across the country. No Gimmicks, No B. This is how you stand out from the competition, take over your market and change your life for the better.
Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Get insight, lessons, weekly inspiration, and expert interviews delivered straight to your inbox. Dave Brown has been active in real estate full time since and has combined his passion for internet marketing and SEO with real estate investing to create a highly successful and profitable real estate investing business.
Real Estate Marketing. Share on facebook. Share on google. Share on twitter. Step Goal Achievement Training. I think the main social networking platform that was really big at the time was MySpace. Facebook was just somewhat coming on to the scene. It was more or less known for much more different things than it is today. They do not cost you anything. They are zero dollars. Now if you want to get paid ads or have people watching your videos, then yes, YouTube and Facebook have ad platforms for you to go out there and have people watch your videos and all that good stuff, but really what I want to help you today with taking advantage of how you can get that first deal done as quickly as possible.
Now, say for instance you live in Chicago.
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The first thing I would tell you to do is build up a cash buyers list. You could literally go on there and find thousands of people that you can reach out to.
- 3 Reasons You Should Find Cash Buyers & Motivated Sellers.
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You could just simply type in the word we buy Chicago houses and you will find a ton of people on there that are going to want to do business with you that are actively looking for deals. I could find cash buyers. How am I going to get deals for them? Find out the title rep, give the title rep a call and see when is the last time they had a transaction close there. Now say for instance they are a legitimate cash buyer, get a proof of funds.
Proof of funds could be a letter, and not just like a letter from a transactional i. What I would do is I would go and type in real estate on Facebook and I would look for groups that have Chicago in the title.
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You could find Chicago real estate related groups. Go on to Facebook at this point in time and you could go on there and start siphoning out people that are doing deals in Chicago or may have deals.
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- The Ultimate Guide To Wholesaling Real Estate: How To Flip A Property Without Actually Buying It;
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- Where To Find Motivated Sellers For Wholesale Real Estate Deals | Patten Title Company.