All Forum Posts by: Lee Section

The cheapest way if you have the time is definitely using Wordpress. Its not to hard to get the url of your choice. As far as hosting goes i always go with Host Gator it is simpler then Go daddy and in my experience you can do more with it. I read here someone said Word press is subject to hacks. Any website is subject to hacks but you can take measures to protect your self from this.

I'm speaking from experience if you can type a simple message and point and click a mouse, then you can save money by making your own website. Its not as hard as some would think.

Here are some tips for you new website:

1. Make sure what ever your url is you get a .com and not a .net or any of those other ones

2. Make your Welcome Page simple but catchy. Stay genuine and not to pushy Remember your goal is to get your visitors information not scare them off

3. To get a higher conversion rate from your customers try to offer a gift that will help them now rather than later. This will entice your visitors to actually give you there information.

4. And last but not least have a call to action. Remember your visitors want to be led and told what to do next. If you don't have a call to action you might not get the results you were hoping for by having a website in the first place.

5. If your gonna have a two websites (one to attract sellers and one to attract buyers) I would recommend you have a blog attached to them. Blogs aren't hard to maintain and contrary to popular belief you don't need to update them all the time. Four articles on both blogs slam packed with information that will benefit your visitors is more than enough to show that you know what you are talking about, and provides instant credibility.

This is all i have right off the type of my head. I'm no guru or anything but i have done a lot of websites. :) Good Luck

P.S. i would say out of all 5 tips number 5 is the only one i would consider optional.

So let me place this process out step by step just in case i have missed something.

1) Build a team. CPA, Investor friendly Closing Company, Investor Friendly Real Estate Agent, Real Estate Lawyer (which is optional)

2) Form a LLC for my wholesale company.

3) Build a Motivated Buyers list (through various marketing strategies. Which my Closing company and Real Estate Agent can help with)

4)Market for Motivated Seller (Preferably looking for Buyer specific leads but willing to take any good deals)

5) (now this is when i get a little confused) Once I find seller go over the numbers to see if it works out to be a good deal. (
Now as a Wholesaler do i also do title research? Look for liens on the property? And do get a property inspection?

6)If it turns out to be a good deal go through a Agreement For Purchase & Sale Of Real Estate Contract with a earnest money deposit $10-$50 with the seller?

7) Show the property and go over the number with my Motivated Buyer. If everything goes well we feel out another separate Agreement For Purchase & Sale of Real Estate , and the buyer leaves a non-refundable earnest deposit.

8)I give both contracts to the closing company and they set a closing date.

9)The closing company prepares a HUD-1 and a assignment contract between me and my rehabber/investor.

10) Sign all paper work and get paid

Is this right? One quick question why do I need a assignment of contract and a purchase agreement between myself and the rehabber/investor? Its the process of things I am alittle confused on. Can anyone clarify maybe I'm missing something.

Thank you in advance

Thank you for the encouragment. I have been reading and studying endless material for a while now. I think the only thing thats kept m from actually starting is the fear of falling on my face. Its just now I've made the conscious decision to not let that hold me back. My goal is to try to get a deal on the books with in the next month.

Hello Bigger Pocketiers,
I just wanted to introduce my self to everyone here. I'm super new to the REI world. I'm starting out in the wholesale arena or atleast i'm trying to learn the ropes as much as possible right now. There's so much information here.

So please feel free to reach out. Especially if you are in the Mississippi Area please. I just want to learn the initial steps for now so I can go out into the world. :)