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Updated over 2 years ago on . Most recent reply

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Leighton Swatek
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Starting out with wholesaling

Leighton Swatek
Posted

Very new to wholesaling, and REI, looking for direction. I understand that I need a purchase contract to hold the property while doing due diligence and finding an end buyer. Then an assignment contract to assign the original contract to the end buyer. Is there any other contracts I need to have handy for the process? Also how do I determine my assignment fee?

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Wale Lawal
#2 New Member Introductions Contributor
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,343
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Wale Lawal
#2 New Member Introductions Contributor
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Leighton Swatek

Wholesaling real estate offers many opportunities for beginning and veteran investors alike. As with any business, there are a number of steps you can take to give yourself an advantage over your competition. Here are 5 tips you should follow if you want to boost your wholesale real estate business:

1. Arm yourself with research

2. Practice, practice, practice

3. Don’t be afraid to express what you want

4. Establish rapport

5. Emphasize learning over selling

Read this article for detailed information https://www.fortunebuilders.co...

All the best!

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