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Real Estate Wholesaling

Real Estate Wholesaling

Myths and Truths: Do I Need Money to Get Started Wholesaling?

by Mike Nelson February 13, 2014
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One of the most frequently asked questions by people outside of the real estate business is this: Do I need any money to get started in the wholesaling business? If you listen to most of the “real estate gurus” in the business, you don’t need any money to start. In fact, you can start assigning contracts […]

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Real Estate Marketing

Business Cards: The Most Important Marketing Tool You’ll Ever Have

by Mike Nelson February 5, 2014
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Did you know that the most powerful tool in your real estate arsenal can fit in your pocket? It’s flexible, it’s small, it’s got all the information you need to make money and market yourself: it’s your business card. If you don’t have a business card, you’re potentially missing out on thousands of dollars and […]

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Real Estate Wholesaling

The Dirty Little Secret About a Buyer’s Lists

by Mike Nelson January 16, 2014
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Oh, the buyer’s list. If you ask around to any real estate investor, they’ll practically fall over themselves telling you about how important it is and how it will generate you a ton of sales. For those of you who aren’t fluent in real estate, a buyer’s list is a sheet of paper with the […]

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Real Estate Wholesaling

The Down & Dirty On Direct Mail for Real Estate – Pros and Cons

by Mike Nelson January 1, 2014
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Direct mail marketing – nearly every real estate investor has used it, and every non-investor has come across some in his mailbox. It’s a dead art, right? It’s outdated, cliché, tacky, and definitely not efficient – or so says most of the real estate professionals in the business. Are they right? The truth is, direct […]

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Real Estate Wholesaling

Newbie Alert – Don’t Buy Into the Wholesaling Hype

by Ben Leybovich December 10, 2013
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I know that a lot of you are struggling to find direction in real estate.  This is evident from the daily posts on the forums here at BiggerPockets, and it is understandable indeed as you are bombarded with conflicting messages coming at you from every direction. I received a call from a fellow BPer yesterday.  […]

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Real Estate Wholesaling

Do I Build a Buyers List, or Start Marketing for Properties First?

by Sam Craven September 20, 2013
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I see the question asked often on the BiggerPockets Forum. “Do I build a buyers list, or start marketing for properties first?” The short answer is BOTH.  No reason you can’t market for sellers via your chosen marketing strategy and also be marketing for buyers on craigslist and at networking events.   But the giant buyer’s […]

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Real Estate Wholesaling

Is Wholesaling A Strategy For the Beginner Or the Experienced Investor?

by Sharon Vornholt July 23, 2013
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This topic comes up quite a bit when I am around other real estate investors, and I have to say that everyone has a little different opinion and a different story to tell. A lot of seasoned real estate investors will tell you that wholesaling is the strategy they started out with. Typically they either […]

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Real Estate Wholesaling

Why the Concept of Being a Real Estate Bird Dog is a Scam…

by Clay Huber July 19, 2013
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That’s right. I said it. S-C-A-M. If you are unaware of what a bird dog actually is, here is a definition I found from Investopedia.com: A real estate investing term that refers to someone who spends their time trying to locate properties with substantial investment potential. Usually, the intent is to find properties that are […]

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Real Estate Wholesaling

Why I Stopped Listening To Wholesalers

by Tracy Royce July 4, 2013
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“Buyers are liars and sellers are worse.” Pretty harsh statement to insult the clients in a real estate transaction, isn’t it? The phrase bore from the measurement of trust each party has in the other, though, so should it be any different in an off-MLS transaction? Wholesaling isn’t a bad word. In fact, people love […]

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Real Estate Wholesaling

The Story Of The Wrecked Wholesale Deal

by Danny Johnson June 12, 2013
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One of the students that I am working with texted me about a potential deal this last week. “They want $24k.” That was all I needed to hear. Well, that and the address which showed that it was in a decent part of town and not a war zone. The next text mentioned how they […]

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Real Estate Wholesaling

Don’t Over Complicate Wholesaling: How to Keep it Simple

by Ken Corsini May 8, 2013
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It’s been interesting to watch how many new wholesalers have entered my market just over the last year or so. I’m not really sure what to attribute it to, but there seems to be an influx of guys interested in playing in this space. Don’t get me wrong, I like the fact that there are […]

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Real Estate Wholesaling

The Shocking Truth About Working With Wholesalers

by Michael LaCava March 31, 2013
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As a real estate investor, wholesalers are a great source of potential deals for you. Whether you buy and hold, buy and flip or buy, hold then flip, wholesalers have been the source of some my most lucrative house flips. But working with wholesalers is not as easy as you might think. Sadly, there are […]

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Real Estate Wholesaling

9 Reasons You Couldn’t Find A Buyer For Your Wholesale Deal

by Danny Johnson February 13, 2013
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Let’s imagine you have a house under contract. You’re excited, but nervous. It’s very important you close, not only because you want to make money for your efforts, but because you’ve taken on the responsibility to get the deal done. The seller is relying on you and the last thing you want to do is […]

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Real Estate Wholesaling

Don’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper

by Marty Boardman January 26, 2013
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Have you ever wondered how Google knows exactly what information you’re looking for after typing 2-3 words in the search box? How did Steve Jobs figure out the American consumer would go nuts over a little portable device that stores and plays our favorite music? Who knew combining a pickup truck and a station wagon […]

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Real Estate Wholesaling

Real Estate Wholesalers: Tarnish Your Reputation by Using This Strategy

by Clay Huber November 10, 2012
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I was surfing through the BiggerPockets forums today and I stumbled across one discussion regarding wholesalers.  In a nutshell, the discussion was about a flipper being brought a deal from a wholesaler where the wholesaler greatly exaggerated the key numbers (ARV and rehab cost). Not a rare encounter to read about, but it reminded me […]

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