Real Estate Skills Podcast

How To Wholesale Real Estate Step by Step (IN 14 DAYS OR LESS)!


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Here's HOW To Wholesale Real Estate Step by Step in 14 days or less with no money, without spending $1 on marketing, without needing experience, & without needing a real estate license. This will teach any beginner how to start wholesaling real estate!

🏘️ Want To Become A Pro Wholesaler & Close 3-10+ Wholesale Deals a Month? Book a FREE Strategy Session with my team to see if you're the right fit:

➡️ https://www.realestateskills.com/apply?pod

Alex Martinez, Pro Wholesaler & Real Estate Investor, shares What Is Wholesaling Real Estate? - at a High Level, and the 12 Steps on How To Wholesale Real Estate in 14 Days or Less.

We put in a ton of time & effort into this training to make sure you're able to immediately take action & start wholesaling houses today.

If you've wondered how to wholesale real estate, then this is the best course & training for you to watch, study, & take action on!

Step 1) PICK YOUR WHOLESALING MARKET. Are you wholesaling locally or virtual wholesaling? Decide right NOW.

Step 2) FIND 3-5 QUALITY CASH BUYERS FOR WHOLESALING. It's much simpler to find Cash Buyers first before you get a wholesale real estate deal under contract. NOW you can find the EXACT deals they want!

📺 "How To Find Cash Buyers For Wholesaling" Video:

➡️ https://youtu.be/VXGQhJAT4eI

📺 "How To Talk To Cash Buyers (Free Script)" Video:

➡️ https://youtu.be/yPDBNoKgIUo

Step 3) FIND & FILTER FOR DISTRESSED PROPERTIES. Our students & clients use the MLS (Multiple Listing Service) to wholesale houses listed with agents. Other options to find motivated sellers: Redfin, Zillow, & Realtor websites.

Step 4) MAKE DISCOVERY CALLS DAILY TO LISTING AGENTS. Agents are the perfect source of distressed on-market & off-market deals! When it comes to wholesaling MLS properties, you must contact the Listing Agent in charge of the deal. This is "Hot Calling," not "Cold Calling" because agents want to close each house as much as you do. This is how agents get paid!

📺 "How To Talk To Agents (Discovery Call Script)" Video:

➡️ https://youtu.be/FQGIlqzVT-8

Step 5) FURTHER ANALYZE THE PROPERTY. I cover how to calculate the ARV (After Repair Value), Estimate Repair Costs, Calculate your Wholesale Fee, & the Offer Price. As a real estate wholesaler, you must be great with your numbers! I also cover the MAO formula (Maximum Allowable Offer) step-by-step.

🔢 Download & Use our Free Deal Calculator to Analyze Wholesale Deals Like a Pro:

👉 https://www.realestateskills.com/calculator?pod

Step 6) CALL THE LISTING AGENT BACK FOR THE CLOSE CALL. Give the agent a genuine, no-nonsense offer you can stick to. Most wholesalers believe they must always provide a price on the first call, which isn't the case. It's the little things that separate the amateurs from the Pro Wholesalers.

📺 "How To Talk To Agents (Close Call)" Video:

➡️ https://youtu.be/Rcq1RJUks0M

Step 7) SEND THE OFFER TERMS VIA EMAIL. Concise & to the point is the goal. Be sure to include the purchase price, inspection contingency, EMD (earnest money deposit) amount, closing time frame, & Proof of Funds Letter (POF).

📺 "How To Get A Proof of Funds Letter For Wholesaling" Video:

➡️ https://youtu.be/RGdJ-bquL5E

Step 8) GET THE CONTRACT BACK, CHECK IT, SIGN IT, & SEND BACK. This is the most important KPI. 1 in 15 Offers Sent should allow you to wholesale a house & make large wholesale fees!

Step 9) FOLLOW UP WITH AGENT TO GET THE EXECUTED CONTRACT. The house is not under contract until the Seller signs the contract after you've signed it. Make it contract binding by locking it up!

Step 10) EMAIL & CALL YOUR TOP 3-5 CASH BUYERS. This is why you don't skip Step 2! Since we already spoke to & found our Cash Buyers Buying Criteria we now have high certainty of closing this deal since it's exactly what they want!

Step 11) AGREE ON PRICE WITH ONE CASH BUYER & ASSIGN THE CONTRACT. Your top Cash Buyers may want to visit the property to double-check everything. Agree upon price & complete the assignment of contract.

🔢 Download & Use our Assignment & Wholesale Contracts:

👉 https://www.realestateskills.com/contracts-yto?pod

Step 12) CLOSE THE DEAL & GET PAID YOUR WHOLESALE FEE. Celebrate! Now it's time to wholesale your next deal!

🚀 My NEW FREE TRAINING if you want to START CLOSING MORE WHOLESALE DEALS ASAP:

👉 https://www.realestateskills.com/watch?pod

TIMESTAMPS:

0:00 - Intro

0:42 - What Is Wholesaling Real Estate?

The 12 Steps On How To Wholesale Real Estate Step by Step In 14 Days or Less:

2:10 - Step 1

4:31 - Step 2

9:49 - Step 3

17:28 - Step 4

22:43 - Step 5

32:27 - Step 6

34:30 - Step 7

41:16 - Step 8

44:24 - Step 9

46:38 - Step 10

51:10 - Step 11

54:31 - Step 12

🏆 Check out our Building Hyper-Profitable Real Estate Investing Businesses:

👉 https://www.realestateskills.com/programs?pod

#WholesaleRealEstate #Wholesaling #RealEstateSkills

📝 Disclaimer:

This video is not personalized financial or legal advice for the viewer.

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