Your post from a year ago interested me. I have been a real estate investor for 20 years and flipped many, many deals. Made a lot of money and lost more than I made during the bust. Your phrase "and I want to do everything the right way" intrigued me. You'll never do anything, in my opinion, if you want to do everything right from day 1. Mistakes will always be made. Money will always be lost. That is a part of the game. The key is to keep learning, keep taking action, and keep going forward with consistent action - never quit. Then you will make more than you lose and you will grow a tremendous amount - both personally and professionally.
Lou Lender, never heard of it. Can you tell me more about it. If there is anyone else out there that knows about this program Lou is talking about, can you enlighten us. Kyle Weimer, Hi, can you tell us more about this program and how it works?
Basically revolves around doing deals in markets that lend them selves to your particular strategy. No need to do deals in your backyard when you can do them where they are easier and bang your head against the wall A LOT less.
I don't even wholesale where I live. 1200 miles away usually.
Blitz helps you to put those systems in place and market selection. About having your business work more for you than you do for it.
Basically revolves around doing deals in markets that lend them selves to your particular strategy. No need to do deals in your backyard when you can do them where they are easier and bang your head against the wall A LOT less.
I don't even wholesale where I live. 1200 miles away usually.
Blitz helps you to put those systems in place and market selection. About having your business work more for you than you do for it.
I do not have Rob Swanson's course but he is talking about "pinpointing" in wholesaling.
To be successful you need lots of "wholesaling type" of properties and lots of all cash buyers already interested in the area.
You can build your all cash buyers list much easier when it is a popular area to wholesale.
You can find title co's to do a simo close easier.
Sellers will take a lower offer easier.
Agents will present a lower offer easier.
Private Lenders w SDIRAs are already lending there.
And, conversely,
Wholesaling does not work everywhere easily.
The difficulty id getting people to do what you want on the ground 1000 miles away.
Kyle Pettit what issues could you share about getting your team to cooperate with you long distance?
I myself was interested in purchasing this course but I will hold off after reading this thread. How exactly does this course work. I'm very new to the wholesaling business (I haven't closed my first deal yet) and I want to do everything the right way. Thanks.
Your post from a year ago interested me. I have been a real estate investor for 20 years and flipped many, many deals. Made a lot of money and lost more than I made during the bust. Your phrase "and I want to do everything the right way" intrigued me. You'll never do anything, in my opinion, if you want to do everything right from day 1. Mistakes will always be made. Money will always be lost. That is a part of the game. The key is to keep learning, keep taking action, and keep going forward with consistent action - never quit. Then you will make more than you lose and you will grow a tremendous amount - both personally and professionally.
Sat on his webinar 50 minutes and learned zero. The entire time he says I about to teach you something, and it is nothing you actually put to physical use. I can only guess at the end they want you to buy something that might actually be of some use. That was frustrating for someone trying to learn about real estate investing
Hi @Loretta Sanchez, Not sure if you attended the training on Tuesday night or not, but if you did, I hope you got value out of learning from my experience through the last crash and the strategies I teach in my upcoming book:
CASH IN -- What to do BEFORE, During & AFTER the next housing market crash.
I covered how I put my first $10M real estate fund together in 2008 while the market was in "real estate free-fall", what I discovered (in hind-sight) was my $30MM mistake and the 10 step process I teach in my book to cash in on the real estate market going forward.
@Clary C. I noticed that your post said you were a new wholesaler 2 years ago. Do you have any wholesaling tips for a newbie wholesaler?
Where did you find your contract to give to tie up the property, and where did you find the contract to use with the cash buyer. Also, does Massachusetts use title companies or attorneys to close the deal? If you use a title company, what special instructions did you have to give the title company to make the double close work with them?
I'm starting out wholesaling in Northern California.