Wholesaling real estate

[Ishmael Ruglass]

Hello, I'm new to wholesaling real estate and I see it as a great opportunity to learn a new skill and to make profits also, can anyone if you would like to, send me any tips/information for a beginner as well as any advice on how and where to get investors.

[Jerryll Noorden]

Yo man,

You have to realize that BP gets tons of new members all asking the same question and that is why it will be challenging for people here to answer this question because for most it will seem pointless. Tomorrow another 5 people will ask that same question.

I was going to say to look here, and YouTube and learn, but that would be bad advise. Pretty much almost everyone does wholesaling wrong. So I will give you this advise and your homework is to research my advise and dive deeper into it and create a system based on this advise.

Wholesaling the right way is about being honest and transparent. We tell the homeowners: "Yo mami, I have ZERO intention buying your house. Instead I will put it under contract and I will sell that contract to an other buyer that WILL buy your house". More often than not they say "OK Great, lets get it started".

Second piece of advise. You do not need a course on wholesaling, or a mentor or much help on this. Why?

Wholesaling is putting a house under contract below market value OR for a price that still gives the end buyer plenty of opportunity to make a profit, and then assign that contract to an end buyer.

That is ALL wholesaling is. Do you need help or a mentor for this? Uhm No!

The challenge of wholesaling successfully is NOT wholesaling, it is LEAD GENERATION.

It is not wholesaling you need to learn or you need help with. It is how do you get people willing to sell their house for below market value is what the challenge is.

For this, get a website, make it credible, and drive motivated traffic to your website. DONE! Easy Peasy!