Learn how to get your first Real Estate Wholesaling Deal with little to no money. Don’t miss this episode! We’ll drop some gems 💎 If you want to get your 1st deal!
Our tips:
All you need is a phone and a car!
💎 D4D (Drive 4 Dollars): Simplest way to find motivated sellers. See the ugliest house in your neighborhood? Save it using Google maps (free) or DealMachine ($50/mo)
💎 Skiptrace your D4D list: Now that you have your list, you’ll need to contact those sellers. Truepeoplesearch.com is simple and free! If you have some funds, use batch skip tracing.
💎 What if you have a seller that’s motivated? You’ll need 2 documents: Purchase agreement between you and seller and an assignment agreement between you and buyer. There are few out there that offer agreements for free including, Pace Morby or Flip with Rick
💎 Send agreements to sellers with electronic signature tools: PandaDoc and HelloSign have free options
💎 Now you got it under contract, what happens next? There are a few options you can do; JV with an experienced wholesaler (you’ll need a JV agreement), if you’re on your own, you will need pictures of the property. If your local, go yourself (take someone with you if you can), virtual market? Ask a realtor or someone to do it for you, ask the owner to do you a favor, or use a service like bpphohotoflow (cost)
💎 Need a title company/real estate attorneys and buyers: Title company research in FB groups for investor friendly title companies. Need to find buyers? FB groups, LinkedIn, or PropStream (cost)
You have everything you need, let us know if you’re able to close a deal using the steps we showed you!
About Get the Bag Podcast
Gladia and Tim connected through Chris Jefferson's real estate wholesaling group, ChargedUp University. The rest is history!
Gladia Castro, also known as the "Nine-to-Five Entrepreneur" is from California, born and raised in the Bay Area. She got into wholesaling real estate in October 2020 and closed her first deal in November 2020. Gladia still works a 9-5 as a Product Director at a tech company. She uses her experience in tech and real estate to help others pursue their passions and dreams.
Tim Park. Tim's experience gained him success as a serial entrepreneur, inventor, and real estate investor. His career has taken him from corporate life to investor life. He is passionate about helping people achieve success. He mentors minority start-ups and real estate investors. He is an amazing connecter and understands the power of your network is your net worth. He lives in Los Angeles and loves football and basketball.
Follow us on IG: @gethebagpodcast
Connect with Gladia: https://withkoji.com/@therealgladia
Connect with Tim: https://stanwith.me/mrtimrei