How to Wholesale a Million Dollar Property

  Рет қаралды 8,989

Real Estate Investing Tips For Beginners

Real Estate Investing Tips For Beginners

Күн бұрын

Пікірлер: 47
@XRXONE
@XRXONE 6 жыл бұрын
Thanks for being real with us
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
You are welcome. Here is another niche you may be interested in. Very little competition kzbin.info/www/bejne/jma7ZXeBnb6Vp9k
@nadirrabah6756
@nadirrabah6756 2 жыл бұрын
"Liens hopefully" 😂 nice!!! (Mitigating them is often easy)
@trickingwithjordan1708
@trickingwithjordan1708 6 жыл бұрын
Few questions to ask before I start wholesaling to a few property investors I know personally. 1) Lets say a house has been listed for $1,000,000, but it's a nice house doesn't need much fixing up, would you wholesale it? 2) Do you wholesale in nicer areas? 3) Can you wholesale for a lower price than listed price, if the owners have used real estate agents?
@randallwoodard5385
@randallwoodard5385 5 жыл бұрын
TrickingWithJordan, 1.) The idea of contracting a property to wholesale is finding motivation of the seller and pressing points to bring asking price to desirable acquisition price with room for your fee and plenty of equitable interest in deal for your buyers. If you identify reasons someone that has a $1M property has to sell property quickly (Behind on taxes, divorce, breaking code, foreclosure, etc.), then you can use this to bring them down in price and offer them mutually favorable terms in deal for you and them. 2.) You can wholesale property of any value in any area, only realize that it must have enough equitable interest or value add potential to convince buyers to accept assignable deal. 3.) You can wholesale deals with real estate agents involved, only it's often more difficult to. Reasons being that agents are more incentivized to sell asset for the highest gross costs as possible as the sale price is where their commissions come from creating difficulty in negotiating price down to desired price. I'd recommend talking to for sale by owners because they're off market and easier to negotiate with. Good luck out there!
@godblessamericahomeofthefr4642
@godblessamericahomeofthefr4642 6 жыл бұрын
Great info as always,thanks Gerald
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
Thanks
@Bubbabeanstalk
@Bubbabeanstalk 5 жыл бұрын
can u do a video on demolition where the house or property is tag for demolition. explaining how u can save the property or purchase it. can you explain how that works thanks
@amely6932
@amely6932 5 жыл бұрын
So the more equity the more fee you can charge?
@rowelfast2996
@rowelfast2996 6 жыл бұрын
Omg!! I should have checked KZbin first!!... I just paid stupid money for the same info your videos give. I'm going to die now....
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
I just try to bless people. Much success to you
@AndreaPortley
@AndreaPortley 5 жыл бұрын
What if the million dollar property is land such as 300+ acres for sale by owner?
@CreativeVegans
@CreativeVegans 11 ай бұрын
If you find land I have a connect in South Carolina that's thirsty for it!
@MissCeo3000
@MissCeo3000 6 жыл бұрын
Is there a different method of negotiating with luxury homeowners versus the average homeowners?
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
They all have to be motivated. Luxury homes can be great for lease options
@westwilly6353
@westwilly6353 6 жыл бұрын
Wow Gerald that’s some good ass info I like this video thank you thank you thank you!
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
No problem. Thank you
@aliii6813
@aliii6813 5 жыл бұрын
Thanks for the video Gerald. This is information gold. I have started watching your videos abd they are what I need right now. I do have a question though. How do you find those cash buyers that bought houses in that area? Do you go to your realtor or us there a website to check it?
@randallwoodard5385
@randallwoodard5385 5 жыл бұрын
Amando Loreno, you can often find cash buyers in an area by networking with other buyers throughout the city or by finding rentals in the city and contacting the owners of those properties to ask if they'd take up on a well structured deal. I use a number of websites to find these buyers for residential deals, Zillow, Red Fin, Craigslist, Reonomy, and Landglide. Alternatively, if you really can't find a buyer willing to take up on deal, you can contact other well known wholesalers in your area and cut them in on your fee for them to bring a buyer to the deal as well. Good luck out there!
@hearthrob29
@hearthrob29 5 жыл бұрын
Hi, Iam finding it difficult to sell my 100 acres of land in Japan. Any tips for this market ?
@CreativeVegans
@CreativeVegans 11 ай бұрын
I have a buyer for land that resides in South Carolina if you want his information!
@Bubbabeanstalk
@Bubbabeanstalk 5 жыл бұрын
is their a list for fire damage properties
@jimtim823
@jimtim823 7 жыл бұрын
How to find out who has bought a property cash in a area?
@realestateinvestingtips
@realestateinvestingtips 7 жыл бұрын
jim tim 1. Contact a local real estate agent and ask for sold properties in that area that have sold in the last 6 months to a year. 2. Then ask what properties sold for all Cash. He ones that sold for all Cash typically are investors. Not all of them. Some of them. Also focus on the ones that have bought in the area 2 or more Times. Those are your cash investors.
@r33que
@r33que 6 жыл бұрын
Great video thanks my man.
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
You're welcome
@ToiHollidayRealtor
@ToiHollidayRealtor 6 жыл бұрын
Very informative!
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
Thank you
@jordanjones1432
@jordanjones1432 5 жыл бұрын
How much earnest money to put down
@ahmadmoffett8219
@ahmadmoffett8219 6 жыл бұрын
Wowwwwww
@Prod.ByMANMANDIDIT
@Prod.ByMANMANDIDIT Жыл бұрын
Game🔥
@realestateinvestingtips
@realestateinvestingtips 10 ай бұрын
Appreciate that. Thanks for the comment. If you or anyone you know would like to attend a free training I'll be having next week, here's the link. freetraining101.com
@realestateinvestingtips
@realestateinvestingtips 10 ай бұрын
Thanks for the comment. If you or anyone you know would like to attend a free training I'll be having next week, here's the link. freetraining101.com
@viajesmodahogarsaludymas8513
@viajesmodahogarsaludymas8513 2 жыл бұрын
👍
@realestateinvestingtips
@realestateinvestingtips Жыл бұрын
Appreciate that. If you are looking for any free contracts or any other tools to help you get going feel free to check out my site in the tools section. Thanks for your comment. beginnerinvestortools.com/
@fabianmeneses6840
@fabianmeneses6840 5 жыл бұрын
You are great!
@skintight7011
@skintight7011 5 жыл бұрын
Thank u for this video
@michellemorales4365
@michellemorales4365 5 жыл бұрын
Thank goodness I'm a great detective..lol
@Heat2023
@Heat2023 7 ай бұрын
💯💯💯💯💯✅
@realestateinvestingtips
@realestateinvestingtips 7 ай бұрын
Appreciate that. Here's another wholesaling video kzbin.info/www/bejne/kKfFoX1ojZmYZtksi=SeCLLrl4AdF5ofve
@gt4real377
@gt4real377 6 жыл бұрын
Can you help me get a home for $90,000 to $110,000 4 bed room 2 bath in El paso TX 800 a month 550 credit .04= $3,600% APR. Paid off in 10years or the house is yours to keep . With$ 1600 down . Could you get me a deal like this ?
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
The best advice I could give you is to Target motivated sellers In your area that will be willing to carry financing. Someone who is possibly in pre foreclosure or distressed. Remember. It's not the property. It's the situation. Every owner is going through something. Past an ad. " I can give you full price on your property if you can be flexible on terms".
@realestateinvestingtips
@realestateinvestingtips 6 жыл бұрын
Also look into the NACA program. It has nothing Todo with credit www.naca.com
@jcoburninvestmentsllc8340
@jcoburninvestmentsllc8340 7 жыл бұрын
Love your videos brother. You have Facebook?
@randallwoodard5385
@randallwoodard5385 5 жыл бұрын
Love your videos! Really helpful like usual, look forward to more
@psorrell2556
@psorrell2556 3 жыл бұрын
I would think a $1M house would be a pretty house; not a distressed house. Can you wholesale a pretty house.
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