How To Wholesale Real Estate Step by Step [WITH $0]!

Here’s EXACTLY How To Wholesale Real Estate Step by Step With No Money! Alex Martinez, veteran real estate investor and CEO of RealEstateSkills.com, outlines the actionable strategies for you to start wholesaling houses and flipping real estate with no money down!
This step-by-step guide is perfect for beginners and new investors looking to break into the real estate market without upfront capital, without any marketing, without needing a real estate license, and without ANY prior experience!
💸 Entrepreneurs & Professionals looking to get started and work closer with Alex’s team, APPLY HERE:
➡️ www.realestateskills.com/appl...
In this video, Alex shares:
🏠 Wholesaling Houses With No Money: Learn the fundamentals of wholesaling and how you can get started even if you don't have the initial capital.
🏘️ Flipping Houses With $0: Discover techniques to flip houses without investing your own money.
👨🏽‍💻 Consistently Find Houses To Wholesale & Flip: We provide proven processes and systems to locate properties with ease. Investors can use these properties as potential wholesale deals or profitable house flips.
🪜 Step-by-Step Guide for Beginners: Each step is broken down to ensure you understand how to effectively enter the real estate market and make your first deal.
TIMESTAMPS
0:00 - Introduction
4:49 - Step 1: Pick Your Market
10:36 - Step 2: Finding 3 to 5 Cash Buyers
25:40 - Step 3: How to Find Deals (on the MLS)
38:10 - Step 4: How to Talk to Real Estate Agents
45:00 - Step 5: How to Analyze Deals
1:02:42 - Step 6: How to Submit Winning Offers & Get Them Accepted
1:09:04 - Step 7: How to Negotiate & Get Deals Accepted
1:10:42 - Step 8: How to Close Deals (Wholesaling)
1:15:14 - Step 8: Part 2: How to Close Deals (Fix & Flip)
1:17:41 - Step 9: Repeat the Process
1:18:38 - Conclusion
✍️ Apply To Our PRO WHOLESALER VIP Program To Get Started, Today!:
➡️ realestateskills.com/pro-whol...
🥇Apply To Our ULTIMATE INVESTOR Program & Learn How To Start Wholesaling & House Flipping:
➡️ realestateskills.com/ultimate...
📚Get The FREE Downloadable Resources Mentioned In The Video:
✅ Download “How To Wholesale Real Estate: State-By-State Legalities”
Learn how to wholesale and understand the laws & regulations in every state:
➡️ www.realestateskills.com/howt...
✅ Download the “Cash Buyer Script”
Learn EXACTLY what to say to cash buyers, how to get them to work with you, and how to get them to pay you large wholesale fees:
➡️ www.realestateskills.com/cash...
✅ Download “Wholesale Real Estate Contracts”
Get PDF templates you can use for your “Purchase & Sale Agreement” and “Assignment Agreement”:
➡️ www.realestateskills.com/cont...
✅ Download the "Assignment of Contract" Resource
Get the step-by-step guide for assigning a contract and your very own Assignment of Contract sample form:
➡️ www.realestateskills.com/assi...
✅ Download "How To Find Cash Buyers Online For Free"
Get the EXACT strategy, keywords, and phrases needed to instantly find cash buyers online for free:
➡️ www.realestateskills.com/goog...
✅ Download "How To Find Cash Buyers Using Craigslist"
You’ll receive detailed slides explaining the "Craigslist Trick" in-depth, our proven cash buyer phone script, and Craigslist email outreach template:
➡️ www.realestateskills.com/crai...
✅ Download "How To Wholesale With Real Estate Agents"
Get the detailed systems and processes for wholesaling with Realtors and real estate agents:
➡️ www.realestateskills.com/agen...
✅ Download the "3 Ways To Get MLS Assistant Access"
You’ll learn exactly how to get MLS assistant access without getting a real estate license:
➡️ www.realestateskills.com/mlsr...
✅ Download the “2 Ways To Get Your Proof of Funds Instantly"
Includes the EXACT step-by-step instructions on how to get free Proof of Funds letters. Submit high-quality offers on wholesale deals and increase your ability to get deals under contract:
➡️ www.realestateskills.com/proo...
✅ Use our FREE ARV Calculator!
Effectively analyze the After-Repair-Value on your potential properties with this completely free tool:
➡️ www.realestateskills.com/blog...
👋 Say "Hi!" on Social & Join our Community:
💻 Website - realestateskills.com/?el=htwa...
📸 Instagram - / realestateskills
📱 TikTok - / realestateskills
🐦 Twitter - / realest8skills
👨🏽‍💻 Facebook - / realestateskillsdotcom
💙 SUBSCRIBE TO OUR CHANNEL!
➡️ kzbin.info...
#WholesaleRealEstate #FlippingHouses #RealEstateSkills
📝 Disclaimer:
This video is not personalized financial or legal advice for the viewer.

[@RealEstateSkills]

🔥Your new real estate career starts with Real Estate Skills! Book a call with my team to join our program and community, APPLY HERE: www.realestateskills.com/apply?el=htwafhw0app ➡Learn More About The PRO WHOLESALER VIP Program: realestateskills.com/pro-wholesaler?el=htwafhw0 ➡Learn More About The ULTIMATE INVESTOR Program: realestateskills.com/ultimate-investor?el=htwafhw0

[@CM-er2bx]

I have an opportunity to get a great deal under contract but I need a proof of funds if I send in proof of funds without actual backing from a lender or bank like you've shown in another video can I get into any legal issues doing that?

[@RealEstateSkills]

The proof of funds you can acquire from the companies here are legitimate: kzbin.info/www/bejne/iHjHe2CYptp_a6c They provide transactional lending if the deal checks out. Nothing illegitimate about that. If you have a legit proof of funds, then there's no issue with that. You can also acquire a proof of funds from other Hard Money Lenders or Cash Buyers if you'd like.

[@CM-er2bx]

@@RealEstateSkills ok perfect just wanted to make sure these where legit lenders. thanks for replying back so quickly thank you for your knowledge man.

[@RealEstateSkills]

@@CM-er2bx You got it! We recommend giving them a call and learning more about the companies. The more knowledge you have, the better.

[@loyceislife]

Keep going and motivating us as students ✅

[@RealEstateSkills]

Love your comment! We'll never stop!!! Cheers & Happy Wholesaling!

[@loyceislife]

First I got the email and clicked instantly I’m at my 9-5 too lol

[@RealEstateSkills]

BOOM! Gotta watch when you can! I respect it! Cheers!

[@NunyaBiznes715]

Good video😀 Quick question, do you feel it’s more difficult to find a buyer with an on market deal?

[@sharonceaser-wheeler3364]

This is awesome

[@RealEstateSkills]

We're happy to help, @sharonceaser-wheeler3364! 🚀 Cheers! 🏠

[@user-de2uy7py1y]

Very knowledgeable

[@RealEstateSkills]

We're glad you learned something from the video, @user-de2uy7py1y! 💙 Cheers! 🏠

[@anuarjflores]

Extremely educational. Thanks so much for sharing. People like you make the world a better place.

[@RealEstateSkills]

Glad you enjoyed it & found it helpful! Nothing fires us up more than helping others to provide for themselves & their families through real estate! Wishing you nothing but the best on your wholesale real estate journey! Cheers & Happy Wholesaling! P.S. Here's a link to our free wholesaling & flipping training if you want to go even more in-depth & see some case studies: www.realestateskills.com/training?el=htwafhw0 P.P.S. Please shoot us a SUBSCRIBE when you get the chance! We'll be coming out with more content each week :)

[@9to5killaCartel]

What's your solution if the state contract has an non-assignable clause in the contract? That's standard in Virginia Beach.

[@RealEstateSkills]

Hey! We're not attorneys and this isn't legal advice. Here's what we would do, though: Multiple solutions: 1) Use an assignment of agreement addendum to now make the original contract assignable. This is what we do in California - our contracts also have a "non-assignable" clause when working with realtors. It requires the seller, the new buyer, and you to all sign this addendum. Once this is signed the original contract is now assignable. Not a roadblock, whatsoever. Business as usual. Or, 2) You can cross out the clause before signing the contract & have both you and the seller initial crossing it out. You can also then put "and/or assigns" next to your contract to make its assignable nature more apparent. We don't typically do this, but just another strategy. Or, 3) You can also just double close on the property if you want to avoid having to assign it. There are a few ways we'd go about it! Cheers & Happy Wholesaling P.S. Shoot us a Subscribe if you haven't yet ;) We'll be having more awesome content coming out soon!

[@GloriaAllen-fu6es]

This is a genuis order. Ill be testing this theory tomorrow

[@RealEstateSkills]

We're glad to hear you agree, @GloriaAllen-fu6es! Keep us updated on your progress. 🙂 Cheers! 🏠

[@CollinAnderson-th3hw]

How did it go!?!

[@RealEstateSkills]

@CollinAnderson-th3hw Take what you've learned and go try it! You got this!

[@deliveranceotuitatoyo447]

Is it necessary for me to go and see or do a showing with a real estate agent when I’m wholesaling or do I just make an offer on the 2nd phone calls? Do I necessarily have to see the property physically since I’m the wholesaler not the buyer or who sees the property, and goes for the showing the wholesaler or the cash buyer Because some real estate agents, ask you to come and see the property

[@RealEstateSkills]

@deliveranceotuitatoyo447 You don't necessarily have to go see the properties yourself. Your cash buyer is going to want to walk the property typically and they will usually bring their team of contractors to assess the status of the property. Sometimes you may have to go look at the property and that's why we recommend starting locally. Cheers! 🏠

[@brandonvintila2696]

Question. What if the agent insists on using their preferred title company, one that doesn't know anything about assignments or double closing?

[@RealEstateSkills]

Great question, @brandonvintila2696! Assignment of contract is pretty standard in real estate contracts and we have never come across a title/escrow company that was unable to help us. The same goes for double closing. Cheers! 🏠

[@jonathanfrouws7566]

Which is better propwire or MLS?

[@RealEstateSkills]

Hello again, @jonathanfrouws7566! We use the MLS to find the majority of our deals as it requires you spend $0 on marketing. If you don't have MLS access don't let that stop you from using other software such as Redfin or Zillow. Cheers! 🏠

[@jonathanfrouws7566]

@@RealEstateSkills ok thanks. In the long run, do you recommend I invest the money and time into getting my saler’s license?

[@RealEstateSkills]

Good question, @jonathanfrouws7566! I assume you're asking about your real estate license? If so it's not a bad option to have it, but also it's not necessary to run a successful real estate investing business. This all comes down to what your specific goals are and what lifestyle you want. Cheers! 🙂

[@TheOnlyException92]

Can this be done from AUS -

[@RealEstateSkills]

Yes it can, @TheOnlyException92! What we teach is for the USA market, but I'm sure many of the same principles will be useful for you. I would learn your local laws and regulations before you get started. Cheers! 🏠

[@philw9787]

If agent represents you on buyer side. Who pay realtor commission?

[@RealEstateSkills]

@philw9787 Historically the seller has been responsible for both agent commissions, but with recent changes that take effect July 2024, The seller will only be responsible for the listing agent's commission. The reality is this has always been up for negotiation and likely will remain that way. Typically as a wholesaler you're not responsible to pay agent commissions. Cheers! 🏠

[@Resellindustryco]

Can I use my name To contact relesate agents for propertys and proof of funds as my name ? Im only 16 years old But Once I’ve Got down the contract I can have my parents sign it off Or Will I have to use my dads name For everything ?

[@RealEstateSkills]

Great question, @JayoTheGen! You must be 18 in order to sign any contract. You can partner up with your parents and educate them on the process. That way you can do the legwork and have them sign the contracts. You are starting so early so just make sure you familiarize yourself with your local laws and regulations before you move forward with wholesaling! Cheers! 🏠

[@Resellindustryco]

One more question What % Am I Suppose to offer to the realtors So I can make money off the house ?

[@RealEstateSkills]

Typically as the wholesaler you don't pay the agents commission. The seller and buyer negotiate who pays what before the time of closing.

[@GSyes-no9iq]

I’m a wholesaler here in the Florida market if anyone wants to network

[@RealEstateSkills]

@GSyes-no9iq Florida is a great state to be wholesaling in! If you want to learn how to find deals to wholesale while spending $0 on marketing, check out our free training here: ➡️ www.realestateskills.com/training?el=htwafhw0app We have a great community that you can JV with and help you get your deals closed! 🙂 Cheers! 🏠

[@calebrivera2649]

Just curious if I missed it or not but do you talk about covering closing costs and agent commission?

[@RealEstateSkills]

Hey Caleb, When wholesaling real estate on market & with real estate agents, the agents commissions are usually paid by the actual seller of the property. As a general rule, closing costs are typically split 50/50 between the buyer and seller. :)

[@mariedoyle3808]

So who would pay the wholesaling fee to the whole seller if the selling agent is representing the buyers side as well?

[@RealEstateSkills]

Your cash buyer pays your wholesale fee!

[@TrentonBlair-cw1el]

Hey I am 16 and was wondering about how I would go about some of these steps especially in step 6 and I was hoping you could reach out to me? thankyou

[@RealEstateSkills]

@TrentonBlair-cw1el What would you like to know? 🙂

[@TrentonBlair-cw1el]

I would like to know being only 16 going on 17 how I would show proof of funds for such a large amount as well as what I would need to do to get a contract signed since I can't sign it myself. I have many more questions. I have set an appointment for a phone call with realestate skills in hope of answering many of this and starting my course.

[@TrentonBlair-cw1el]

I have also contacted an attorney recently to know my local laws I'm just waiting for a reply

[@RealEstateSkills]

You will learn a bunch on that call with our team! Yes you do need to be 18 in order to sign contracts. You can partner with your parents and have them sign for you, but now it is best to just educate yourself as much as possible with the process of wholesaling in your area. Cheers! 🏠

[@joseivanzaragozamartinez5299]

Idk how this is Just 500 views

[@RealEstateSkills]

You're an OG! You were here first 😎 Now it's over 800! ha sure hope you enjoyed it! Definitely subscribe if it resonated with you. We'll be coming out with more content on all things wholesaling, fixing & flipping, and even buying rental properties - all things we've been working on for over a decade. Don't want you to miss :) Happy Wholesaling!

[@aludleo3661]

Thanks man We want you to know , You are Highly Appreciated. Do you have instagram or something that we can ask personal questions concerning this topics?

[@RealEstateSkills]

Hey! We appreciate the love! Our instagram is here: instagram.com/realestateskills/ - we'll definitely try to get to your question on there. Also, we don't mind answering questions in the comments too when appropriate. You can also check out our free training on wholesaling & flipping here, which covers different topics than the video above! Here's the link: www.realestateskills.com/training?el=htwafhw0app Looking forward to getting connected! Cheers & Happy Wholesaling!