Docstoc

Wholesale Real Estate Investing Secrets

Document Sample
Wholesale Real Estate Investing Secrets Powered By Docstoc
					Presented by Daniel Toriola
There is an underground market for REO properties and foreclosed homes that lenders have to dump. Almost no one knows about this process. No one knows who these people are, and no one knows how to get on this list. It is a select few. Click here to know more

Have You Registered {firstname,lastname}.com Yet? Register Your Domain For $7.99 Only! Web Hosting and Site Builder Plans also Available. Click here to know more

Wholesale Real Estate Investing Secrets By Tony Javier

Wholesaling Revealed In this Lesson you learn the following: Definition of wholesaling The history of wholesaling Why it is legal How to do it with no cash or credit. Definition Wholesaling is a term that has been around for years. It is most commonly used when goods are traded such as groceries and other products sold at retail outlets. There are 3 parts to this. The original owner or producer of the goods would sell to the wholesaler, the wholesaler would find retail outlets to sell goods to at wholesale prices and retail stores then charge retail prices to their customers. History It has only been until the last few years that this term has been associated with real estate. The way that it works in real estate is that a wholesaler will market to find properties at a substantial discount. They would then turn to their buyers (an investor list they have created) and sell them the property for more than they paid. The wholesaler could make a few thousand to several thousand dollars. It is like being a broker that makes more money on the transaction and does not need a license. Legal "Is this legal you say? This sounds like flipping." Call it what you want to it is completely legal. The only way it becomes and has become illegal is if you falsify information. Never overstate value or pay someone to overstate value, lie or advise for a buyer to lie on a mortgage application or hide details that could affect the value of the property. As long as you disclose everything and stay legal you will be fine.

31 Days To Real Estate Investing Riches How to Start a Successful Real Estate Investing Business. Page 1

Presented by Daniel Toriola
Wholesaling with no Cash or Credit This is the fun part. How do you get paid, especially if you do not have any money or credit? That is the easy part. You can do this a few ways. The easiest and cleanest way is to assign the contract. You get a property under contract and sell the contract to another investor. If the property is worth $50,000 in as is condition and you have it under contract for $40,000 then ask for a $10,000 fee. It is illegal to get compensation if you are not licensed in a transaction unless your name is on the contract or you have a certain interest in the property. If your name is on the contract then you have an interest and you can do what you want with your interest. The second way to do this is to become a bird dog. That means that you locate properties for other investors but they put the contract together. You just get a fee for introducing the buyer and seller. You can only receive a fee from the Buyer and not the Seller. Receiving it from the Seller is practicing Real Estate Sales without a license. The way that I typically wholesale properties is to do a double closing. With this technique you put a property under contract. You then find a buyer that will write a contract with you as the seller. You then buy the property and sell the property on the same day typically 30 days after you contract with the original seller. The difference between your purchase and your sale less any expenses is your profit. There are tax advantages to doing it this way that you should consult with your accountant. There is one other way to wholesale properties that is a little more risky and takes some money. The only reason that I like this method is that you can take your time a little more and maximize the value of the property. With this technique you actually close on the property, clean it up, maybe spend a thousand or two and resell it. I have done some of my best deals that way. I am making $30,000 next week on a deal that all I did was cleanup, some minor foundation work and had layers of wallpaper taken of the walls and painted. By spending a couple thousand dollars I was able to get at least $10,000 more for the property than if I had not done the minor cleanup and repairs. More risk equals more reward. I used this technique to do my best wholesale deal of $39,000 in just a few days of cleanup. This article was written by Tony Javier. Tony has a very successful Real Estate Investing business. You can get his 90 Minute Telesminar on how to Wholesale Real Estate for free, go to http://www.TotalRealEstateInvesting.com along with many other bonuses.

Get Started In Real Estate Investing! Learn real estate investing with zero money, zero credit and zero risk, and earn some extra money at the same time. Free E-book! Page 2

Presented by Daniel Toriola
How to Get the Real Estate Investing Information You Need Most - Part 1 By Brad Wozny

Most of the time, it is hard to get the right information when you want them urgently. However, if you search in the right places you can get what you are looking for in no time. If you are looking for real estate investing information, then you should get your basic facts correct. What you should know real estate investing is not only about real estate deals or getting real estate investing information on how to market yourself, but a combination of everything put together. Marketing yourself has some advantages, this way you can reach people and promote your business to them. Reaching out to the mass needs money, so if you are having a crunch or just started off then you can try online marketing too. Online marketing, and web in general, is an effective form of getting real estate investing information. If you are on to real estate investing information gathering, then make a list of the online tools that you have in your arsenal. Search Engine Optimization (SEO), Newsletters, Blogs and News feeders, and moving on to the Web 2.0 formats. If you want real estate investing information on how to setup your office then the first thing you need to consult is a guidebook. Firstly, you need a large clear desk area. You need to keep it clear of any dumping. Phone and a Fax machine is the second element you need to have. A good computer is as good an asset you can get. However, the computer data needs backing up, so do you and if you forget backing up your valuable real estate investing information, then you are in for a shock. Get the real estate investing information from the pro. You will get the tips and tricks as well as the secrets from them. You have to spend, rather, invest some money into you real estate business, no matter what your local investment expert says. Another real estate investing information you will get from the professionals is about the right time that one can invest in the market. One of course needs to take risks in this business but that should be backed by relevant information.

Brad Wozny is a real estate investing expert. Let Brad show you how to connect with eager real etsate investor buyers & sellers of investment properties. Access private money & creative lending resources. Read more about Brad on his Real Estate Blog and claim your FREE Strategic Real Estate Investment Manifesto.

Real Estate Investing eBooks An online resource for information regarding real estate investing. Page 3

Presented by Daniel Toriola

Related eBooks: How to Get the Real Estate Investing Information You Need Most - Part 1 Wholesale Real Estate Investing Real Estate Information Sources All About Real Estate Investment Trusts (REITs) Real Estate Investing Seminar Tips – Part 1 Get more Free PDF eBooks at FreePDFeBooks.com Related Products: Real Estate Investment for Beginners Fixer-Upper Fortunes Home Remodeling Secrets Mega-Wealth Audio Library The Golden Book Of Proof

Malamaal.com: A genuine resource center for Quality Ebooks and Softwares
This PDF eBook is for free Distribution only, it cannot be SOLD Massage Therapy Success Ignite Your Massage Therapy Business! Click here to know more

Powered By FreePDFeBooks.com ReBrand this PDF eBook with your Name / URL / ClickBank Affiliate ID for Free

Tax-Free Real Estate Investing Insider secrets on how to make tax free profits in real estate using your IRA. Create your own private bank. Page 4


				
Patricia Johnson Patricia Johnson Management Consultant
About Sharing ideas with others. The documents may contain basic information you already know. The documents are shared, also keeping in mind the people who don't know. Also, the documents might be useful to those who think they know buy they don't know that they don't know.