Investment Property: 5121 Behms Ct Port Richey, FL 34668 $100,000 (fixed-up resale value) * 70% – $10,000 (repairs) – $8,000 (your wholesale fee) = $52,000 (max offer) Phil Pustejovsky After a decade of saving and investing, I think real estate is one of the best ways to make money and build wealth.  Here is why. 5M ago33:59 5.0 out of 5 starsReally good info === 7% 1 out of 5 Never be afraid to stand strong .. 2. Plan Your Closing: Mark Ferguson February 15, 2016 2. Set Your Goals To avoid getting mired down in complicated economic data, I like to be conservative in assuming a good house in a good area will appreciate on average of 1% per year. Track stocks and ETFs > What is a Short Sale? Step 2: Calculate the repairs Remember the $5,700 in mortgage interest that you paid the first year? All of it is tax deductible. So, any cash flow you made at the end of the first year, whether it be $500+ (managed by a professional company), or $2,000+ (if managed yourself) would be offset by the mortgage interest that you paid. You also have the option to deduct that mortgage interest against any personal income you made that year. Consult With Me 1 800 874 6500 81.) Self-Directed IRA Investing – Many people have IRA’s, but few know that you can actually use your IRA to invest in real estate. October 4, 2016 Customer Support 5.0 out of 5 starsExcellent, solid info for the novice and pro Get Free Newsletters I don’t understand why buying the property first then reselling later would somehow hide the price of your purchase. Just about every real estate website and the MLS make it very easy to see the sale price history of the property. Seems like a flawed argument to me. I recently was on the buyer end of a wholesale deal, and now have an opportunity to do an assignment. I too am in AZ – in my assignment contract as buyer – yes the contract was an AZ real estate document, one of the additional T&C’s was that one or more of the buyer’s LLC is a licensed Real Estate Agent in AZ. Awesome video Phil! When I find a deal I look at the numbers and then decide how to proceed. Wholesaling is definitely an option although I have not done a wholesale deal yet. The deals that I have found have been so freeking good that I kept them for my self. Having said that I am open to wholesaling and i am confident that I will wholesale some deals in the near future. Thanks for the video I will definitely lay a solid foundation with the seller from the beginning. !function(t){function e(n){if(r[n])return r[n].exports;var i=r[n]={i:n,l:!1,exports:{}};return t[n].call(i.exports,i,i.exports,e),i.l=!0,i.exports}var n=window.webpackJsonp;window.webpackJsonp=function(e,r,o){for(var s,c,a=0,u=[];a1)for(var n=1;nf)return!1;if(d>l)return!1;var t=window.require.hasModule("shared/browser")&&window.require("shared/browser");return!t||!t.opera}function c(){var t=o(h);h=[],0!==t.length&&u("/ajax/log_errors_3RD_PARTY_POST",{errors:JSON.stringify(t)})}var a=n("./third_party/tracekit.js"),u=n("./shared/basicrpc.js").rpc;a.remoteFetching=!1,a.collectWindowErrors=!undefined,a.report.subscribe(r);var l=10,f=window.Q&&window.Q.errorSamplingRate||1,h=[],d=0,p=i(c,1e3);e.report=function(t){try{window.console&&console.error(t.stack||t),a.report(t)}catch(t){}};var m=function(t,e,n){r({name:e,message:n,source:t,stack:a.computeStackTrace.ofCaller().stack||[]}),console.error(n)};e.logJsError=m.bind(null,"js"),e.logMobileJsError=m.bind(null,"mobile_js")},"./shared/globals.js":function(t,e,n){var r=n("./shared/links.js");(window.Q=window.Q||{}).openUrl=function(t,e){var n=t.href;return r.linkClicked(n,e),window.open(n).opener=null,!1}},"./shared/links.js":function(t,e,n){var r=n("./shared/errors.js"),i=[];e.onLinkClick=function(t){i.push(t)},e.linkClicked=function(t,e){for(var n=0;n>>0;if("function"!=typeof t)throw new TypeError;for(arguments.length>1&&(n=e),r=0;r>>0,r=arguments.length>=2?arguments[1]:void 0,i=0;i>>0;if(0===i)return-1;var o=+e||0;if(Math.abs(o)===Infinity&&(o=0),o>=i)return-1;for(n=Math.max(o>=0?o:i-Math.abs(o),0);n>>0;if("function"!=typeof t)throw new TypeError(t+" is not a function");for(arguments.length>1&&(n=e),r=0;r>>0;if("function"!=typeof t)throw new TypeError(t+" is not a function");for(arguments.length>1&&(n=e),r=new Array(s),i=0;i>>0;if("function"!=typeof t)throw new TypeError;for(var r=[],i=arguments.length>=2?arguments[1]:void 0,o=0;o>>0,i=0;if(2==arguments.length)e=arguments[1];else{for(;i=r)throw new TypeError("Reduce of empty array with no initial value");e=n[i++]}for(;i>>0;if(0===i)return-1;for(e=i-1,arguments.length>1&&(e=Number(arguments[1]),e!=e?e=0:0!==e&&e!=1/0&&e!=-1/0&&(e=(e>0||-1)*Math.floor(Math.abs(e)))),n=e>=0?Math.min(e,i-1):i-Math.abs(e);n>=0;n--)if(n in r&&r[n]===t)return n;return-1}),Array.prototype.includes||(Array.prototype.includes=function(t){"use strict";if(null==this)throw new TypeError("Array.prototype.includes called on null or undefined");var e=Object(this),n=parseInt(e.length,10)||0;if(0===n)return!1;var r,i=parseInt(arguments[1],10)||0;i>=0?r=i:(r=n+i)<0&&(r=0);for(var o;r Company Maintenance RET015: Maggie Found Early Success With House Wholesaling – How Did She Do It?? Morgan Neupauer says: Now, I don’t recommend screwing it up. You might as well do it right as long as you’re getting in the business. That way you won’t ruin your taste for the most powerful wealth-building tool available to the average person. Cell: (678) 427-7700 Seller Hello Phil great point I really enjoy it Can You send me your new book . Mark Ferguson January 21, 2015 Wholesale Real Estate 101: 5 Tips For Talking To Sellers “‘Broker’ means a person who, for another, and for a compensation or valuable consideration directly or indirectly paid or promised, expressly or impliedly, or with an intent to collect or receive a compensation or valuable consideration therefore, appraises, auctions, sells, exchanges, buys, rents, or offers, attempts or agrees to appraise, auction, or negotiate the sale, exchange, purchase, or rental of business enterprises or business opportunities or any real property or any interest in or concerning the same.” (source) Home Improvement What amenities does the property have? Residential Property Danny Johnson on April 8, 2014 at 4:44 pm 70% November 2010 (4) Featured Article * Est closing costs: $12,000 These will help you get a better feel for the style. You might even meet some fellow photographers who can show you the ropes. Real Estate / Fix And Flip / Transaction Coordinator Tips and tricks of the trade In other words: To be a good wholesaler, you need to be good at a lot of stuff. 3M ago40:44 We are part of Carrington Holding Company, LLC , which owns and operates multiple businesses that cover virtually every aspect of single family residential real... What do you think of doing a seller side only hud? Then they only see what pertains to them. Irving, TX 75038 imagination that is academic is and the way to be able to produce excellent quality jobs. You must decide for yourself if you want to go it alone or hire a manager. Many property management companies will charge about 10% of the gross rent ($18,000 x 10%) = $1,800. Teach me please how to make / sound legal if is any legal situation It is important to understand your options, as some have higher risks and higher investment requirements. 6. Donald wrote: “ "Wholesaling For Dummies" W/ Marquis Bell Ep. 5855:52 Just Out of College Guardian Equity Academy Radio Show - Learn To Invest In Real Estate First Week Strategies to Build a Successful Real Estate Business43:06 FUNDING Aggressively discounted distressed properties in need of repairs. Perfect to fix and flip. See All Here Are Your Contracts! With real estate, you can put the same $5,000 as a deposit on a $50,000 or even a $100,000 house, and rent it. If you have a renter, you don’t really care about the ups and downs of the market, as you are able to meet your monthly repayments. If the property sits empty for a while, all you have to do to keep it is pay the mortgage yourself. It isn’t fun, but it is much better than seeing your whole trading account annihilated by a margin call.     Now, to his benefit, the funds did end up coming in, she got her check and everything ended up working out the following Monday — but what if it hadn’t? wholesale real estate online|wholesale real estate strategy wholesale real estate online|wholesale real estate names wholesale real estate online|wholesale real estate in alabama
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