Learning the Ins and Outs of Wholesaling. Finding Properties and Cash Buyers!

7 Replies

Im a new investor in the Jersey, Delaware, and Maryland area looking for the best ways to wholesale properties. 

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@Prince-Jovian Antoine

Thats a very broad question. Type in "wholesaling" "direct mail" "marketing" "yellow letters" "assigning a contract" and so on in the search bar at the top right corner of your screen. Read until your brain hurts and then you should have a decent understanding on how to wholesale. Good luck and feel free to reach out to me if you have any specific questions.

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@Prince-Jovian Antoine

Welcome to Bigger Pockets community. You will find all kinds of useful information under “Learn.”

Yep, after you learn the principles of real estate, you know, the stuff that doesn't promise you'll make a million by Christmas, just the basics, like what real estate is, why it is unique, what rights of ownership there are, types of deeds, title, what title insurance is, how property is valued, what liens and encumbrances are, how to read a legal description, what bilateral and unilateral contracts are, what is necessary in a contract, what a leasehold interest is, how settlements are accomplished and the laws surrounding transactions. 

A week's worth of reading and understanding where to find answers will save you months of chasing your tail as many starting off will end up doing trying to piece meal forum answers and questions together. 

Nope, this stuff isn't taught here, you'll need to find a text book for RE agents on Amazon, cost can be less than $20.00. If you can't afford that, hold off trying to get in a business you don't have a clue about. Good luck :)  

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