Wholesale Real Estate For Beginners: The ULTIMATE GUIDE

Don't miss this eye-opening interview with Greg Helbeck, the owner of Velocity House Buyers, as he shares a cautionary tale about the risks involved in wholesaling real estate.
Ready to get started in wholesale real estate? This video is the ultimate guide for beginners! Learn everything you need to know to be successful in this industry, from finding properties to negotiating deals to closing sales. Most importantly, learn how you can keep yourself protected from potential lawsuits.
Connect with Greg! 👇
www.velocityhousebuyers.com/
IG: / grego_37
In this revealing conversation, Clint and Greg discuss the misconceptions surrounding wholesaling and delve into the unexpected challenges that nearly derailed Greg's business.
Gain valuable insights into the intricacies of real estate wholesaling and learn how to protect yourself from potential pitfalls from this video.
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Show Notes:
0:00 Intro
2:51 Real Estate Wholesale Risks
8:42 Putting Deals Together
17:37 Greg's Business
23:26 Where to Find Wholesale Deals
30:31 Spacing Out Marketing
42:45 Final Notes
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#wholesalerealestate #wholesaling #realestateinvesting

[@cometcal2]

What's great about this interview is learning Greg's thought process on how he resolved problems.

[@waynecmontgomery]

Hey Clint, Great video!!! What do you think about the Alabama federal court decision on the Corporate Transparency Act?

[@ClintCoons]

I will be releasing a video this week on it.

[@Darrell_lewis_massage_realtor]

Lives in Nevada on paper… GENIUS

[@va6783]

Clint if you have a c corp and a llc for flipping as a disregarded entity. Which entity is used for marketing, website and mailing.

[@ClintCoons]

You can use the C- corp or set up a WY LLC owned 100% by the corp.

[@organizer14]

But what if you make offer and the house has so many problems you might wish you never not it?

[@ClintCoons]

That is why many wholesalers will use LLCs or wholesale trusts to make offers.

[@dwbdwb01]

In the video it was mentioned to not have cash "build up" in an LLC, move it out... What's the best strategy for moving the reserves, NAPT, 2nd bank account with the LLC, another LLC, a trust, etc????

[@ClintCoons]

You have a lot going on with this question. If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

[@donwbacik2043]

I just meant which structure (entity) should be used to hold the cash reserves.

[@ClintCoons]

@@donwbacik2043 Use a Wyoming LLC

[@donwbacik2043]

Wow… that’s simple enough, thank you