My Perspective!

I was there too and it was so much fun. We were basically doing the rehab ourselves because we just didn’t have the money to hire someone to do it for us. Even though this was not my first rehab deal, it was Michelle’s and she was involved in every piece of it so that [...]

The potential to make money!

One of the most beneficial aspects of wholesaling real estate is that it gives you the potential to make a lot of money and build your real estate empire. Once you are established in your area, know the good deals from the bad ones, and have a good list of sellers and buyers, you have [...]

Building your Seller’s List!

As you build your buyers list, you may also feed your sellers list. This list comprises resources of those people who are looking to sell properties. This will run the gamut of individuals or families who are moving to other areas, or are upsizing or downsizing their living arrangements, to realtors, asset managers, banks and [...]

What is your monthly income?

A recommended standard of minimum monthly income for a tenant should be two and a half to three times the rent amount which helps to ensure that the tenant will be able to afford to rent your property. This isn’t a guarantee at all though, as the tenant may have high monthly bills and obligations, [...]

How many people will be living in the rental?

Knowing how many people will be living in the property lets you determine how much more wear-and-tear the property will experience. You may want to adjust the rent or security deposit, or restrict the number of people who can live in the house. Also find out if they have any pets that will be living [...]

Purchase Price!

The amount you pay for your deal is going to be the largest chunk of money that goes into your rehab budget. You always want to pay the lowest price possible and you may need to negotiate your butt off to get it. So you need to have good motivation and business skills to get [...]

By |January 26th, 2017|Uncategorized|0 Comments

Repair Price!

As you will see in the next section, the final repair price is the number that is going to be the greatest influence on your bottom line and cause you the most aggravation and frustration if you don’t get the number down right. Depending on the type of property, the condition it is in, and [...]

By |January 24th, 2017|Uncategorized|0 Comments

Vision Board!

It has been said that your mind determines your reality. If you think negative thoughts then negative things will happen to you. Conversely, if you think positive thoughts, then positive things will happen to you. This is referred to as the Law of Attraction. It means that like thoughts attracts like results. I use the [...]

By |January 21st, 2017|Uncategorized|0 Comments

Build Rapport

Negotiating a real estate deal never has to be stressful. Once you understand the nature of negotiating and get some experience in it, you’ll begin to feel confident and comfortable. The best way to negotiate your real estate deal is face to face or on the phone, never through email or text. It’s more direct [...]

By |January 19th, 2017|Uncategorized|0 Comments

The purpose of a wholesale

A wholesale transaction allows you to buy and sell best-deal properties quickly and with little knowledge, money, or credit. It is a method that allows you to enter the business and begin building it. It also provides a unique service to both sellers who want to get rid of properties as quickly as possible, and [...]

By |January 17th, 2017|Uncategorized|0 Comments