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Wholesale Real Estate

Getting Started in Wholesale To Millions

Wholesale Real Estate – Free Class on Getting started in Wholesale Real Estate.  You can wholesale real estate virtually or in-person.  I prefer digitally since it gives you more freedom. Virtual wholesaling course by Wholesale To Millions and includes the real estate marketing / wholesale contracts course.

Meet your Wholesale Real Estate Teacher

Allen Jimenez – Real Estate Broker #0549644TX

I was born and raised in Houston, TX with no brothers or sisters, just with my mother. After a conflicted childhood (that I’m thankful for today) I decided to move to a different part of Texas. This allowed me to start my own life at just 14 years old.

With not a dime in my pocket I’m proud to say I decided well when choose to use my abilities to sale with the right product. It was a path full of struggles, full of failures, but also a blessed path that brought me to where I am today.

My intention is to use all the good stuff I’ve learn from the past 15 years and share them with you. And guide you to success using a shortcut so you can avoid making the mistakes I already made. Just start having the life you want, the life you deserve starting now!

If I could do it, you can do it!

What Wholesale To Millions Can Do For You

In addition to our virtual education platform, we have been also working in creating a strong system. For this, we collected thousands of data from sources all over the country for you to filter, download and start using. That’s right! You can start working on your texts, your calls, you mail after a couple of minutes here!

And speaking of that, we can also show you how to call thousands of leads in just a couple of hours. We also teach you how to use mass text software to send as many texts as you want with just some few clicks!

When you see you get your first deal after a few days, you’re going to be super exited! I want you to learn, to work smart and continuously, to get a 6-figure income! Join me Getting started in Wholesale Real Estate!

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Wholesale Real Estate

Mass Text Software SMS Marketing in Lead Generation Strategies

EasyMassText.com is a service allowing mass text in bulk 250, 500, 1000, 2000, 5000, 10,000 at a click of a button. SMS marketing is one of the most effective lead generation strategies especially vs email marketing, since 93% of Text are opened vs 2-13% in email marketing tutorials.

Mass Texting Software Training

EasyMassText.com is an amazing tool to mass text prospects. It’s easy to use and very convenient. You can upload lists to text from a variety of sources, including Facebook friends.

How to use Mass Texting Software EasyMassText

easy mass text
  • You can have access to our samples once you become a member. Just find a list of candidates and save it as a .CSV file. Before saving t, you can edit your list to add tags/categories that will be helpful to filter contacts when texting.
  • Click on Upload Customers and select the file afore mentioned.
  • Go to the Manage Customers tab. Filter your contacts to make sure you se the Type of Contact you want to send a text. Use categories/tags accordingly. Click the star icon to add them to your Favorites list.

Start texting

  • With no contact selected, click on Send Message, and type your text. 
  • Create automatic fields using columns from your spreadsheet.
  • If you want to add an automatic field, insert it after the word with no space in between. For example, type “Hi,[First Name]…” and EasyMassText will change the field to the corresponding contact name. For this, you must make sure to have a clean list before you upload it to your system, so texts are sent smoothly, as personally written.
  • Select who is receiving your texts. It can go from all the contacts on the page, you can manually select a few, or let the system randomly select a certain amount.
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Wholesale Real Estate

Wholesale Real Estate Training – Virtual Wholesaling Real Estate

Wholesale To Millions is the only school with a licensed, active real estate broker with 15 years of experience in Wholesale Real Estate Training. Max Maxwell is ok wholesaling real estate but wholesaling real estate can be easier and more prosperous using our system and techniques.

You Are The Only One Who Can Change Your Life!

Virtual wholesaling and real estate wholesaling are the same. However, virtual allows you to do it from anywhere you are. So, you can do virtual wholesaling while traveling the world.

I’m going to give you a short cut to everything I learned for the past 15 years. In this Wholesale Real Estate Training, I’m presenting the strategies, the tools, the systems I created. I have been using them myself, and I know they will guide you to success.

Learn how to Wholesale Real Estate

Basically, this is the process to wholesale real estate:

  1. Find buyers
  2. Refine contact list of buyers
  3. Make thousands of calls in 2 hours using our system
  4. Use our iron clad contract that protects you from being sued
  5. Lock homes under contract
  6. Use our list of investors to buy the contract from you
  7. Resale the contract for a profit
  8. REPEAT

I will show you how to do this and more. All the key points in the contract to get you covered, to protect your assets, to stay out of trouble. I’m sharing my tips, my secrets, EVERYTHING! Just sit there in front of your computer and let the journey begin.

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Wholesale Real Estate

Wholesale To Millions – Virtual Wholesaling Jerry Norton

To Wholesale Real Estate, you need to find homes to buy. You need a list of homeowners that are likely to sell soon. You will have to define your criteria that are easy to resale fast. Better start taking action! Learn How To Get Your First Wholesale Deal here

To Wholesale Real Estate, you need to find homes to buy. You must get a list of homeowners that are likely to sell soon. You will need to define your criteria that is easy to resale fast like a 3bed/2bath 1500+ sqft home on a standard size lot (5000sqft in Houston). 

Our Wholesale-To-Millions Homeowner Finder

Our Wholesale-To-Millions Homeowner Finder

You can use our very own system. It took years for us to have all this data and this system for you. It is easy to use. Use it to determine what sales in your area, then locate those homes.  Then refine that list with sellers who been in their home for 3+ years. Then keep refining till you get below 1000 contacts. 

Find Leads In Less Than 3 Minutes

This system allowed you to find quality leads information in less than 3 minutes. After refining to meet your criteria, you can download this data in the format you prefer and add it to your CRM system.

Noelle Randall, Jerry Norton are training in virtual wholesaling. We are the only licensed brokers who can teach wholesale to millions lead generation training. Use our system at www.Wholesale-To-Millions.com or simply contact me I will send you a list to start you off.  

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Wholesale Real Estate

How To Find Real Estate Wholesale Deals

Today we learn about how to find wholesale real estate deals. Finding wholesale real estate deals is actually a form of marketing and advertising. But I understand, when first getting started you must watch every dollar to get your first wholesale deal. So today, I will teach you how to find properties at wholesale real estate value very cheap. Learn more here.

This training is for real estate Wholesalers, Investors, Realtors, Brokers, and basically anyone who wants to find a house dirt cheap. In this course today we will talk about how to effectively place your signs, developing and purchasing buyers list, developing & purchasing sellers list, importing those list into a multi-line professional caller.  Cold Calling real estate wholesaling is a top priority for you every day.

How To Find Real Estate Wholesale Deals?

Now that you know what wholesaling is, that you like the idea and want to get stated ASAP, the first question you do to yourself is How I Find These Deals?

Check Out Our To-Buy List for Wholesaling

You can start by buying some of Our Contact Lists and add that data to your system. We already did a big, heavy work for you and collected contact information from sellers in many areas.

  • Our sellers list includes name, contact info, house, and neighborhood information.
  • You can also get an Expired or For Sale By Owners list.
  • People In-Need list is built with contact info from people that may be urgently looking for money. How can you identify them? Using water disconnected notices, bankruptcy files, foreclosure notices, tax in default.

Partnering with someone in your area will help you save money by splitting the contact list cost. You will both benefit and for a part of the price.

Finding Wholesale Deals Is All About Marketing Yourself

We will talk about the ratios and numbers that break down how advertising and marketing dollars should be spent. In real estate marketing we will discuss staying organized in your multi-line professional caller. We will talk about the setup of your multi-line professional cold caller. And lastly, we talked about social media advertising to attract sellers and buyers to your website. 

Invest On Bandit Signs

If they are legal in your state, you can leverage for this great alternative. Yes, having them printed and installed may take a few hundred dollars. But think of this: if these signs get you at least one deal, they would be worth the money.

Are you starting with no funds? You can always do them yourself! Buy a big fat market and some blank sings and fill them with your info, 3-4 lines, your vanity number, your website and place them around your area. Remember to use contrasting colors, installing them above eye level in posts or use stakes to put them in the ground.

The Secret To Success In Real Estate Wholesale With Bandit Sings

Master your farm area. Get to know the area you plan to work very well before you start. Don’t waist your time, effort, and money in an area with a super low turnover rate.

Also drive around the area, create your own pinpoint map with your phone or take pictures of the places you want to have your signs installed.

Work on Your Wholesale Mastermind

These are two important things you must cultivate to grow your wholesale business:

The Power Of Delegating In Wholesale Real Estate

You don’t have to personal take care of every little task in your business to have it done right. Delegate the simple tasks that may take some good time from you and use that time to get yourself to the next level, to constantly improve yourself.

Virtual wholesaling means you can do this from anywhere… Just delegate the tasks like Max Maxwell.

Work on your alliances

Realtors, bankers, loan officers, title company workers, escrow agents, county front desk, state lawyers… This is the people you need around you! Build quality relationships, bring value to them, be there for them and they’ll be willing to help you along the way.

Where are your real estate wholesale deal coming from?

From my experience, I can tell the following numbers:

  • 30% of your leads will come from bandit signs
  • 30% from cold calling
  • 20% from social media
  • 10% from referrals
  • 10% from mail campaigns

You can choose to exploit every method, or better focus on those you master in the beginning, knowing already the potential they have.

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Wholesale Real Estate

Real Estate Comparable Market Analysis CMA

This is a real-world example of how realtors / brokers / wholesalers / investors determine a property value.  A student wanted to know how much this property worth is.  So, we are using this real-world real estate Comparable Market Analysis CMA example today. Learn more here.

Step By Step Real World Comparable Market Analysis CMA

Let’s walk together through the process. A student sent a link of a property with a price of $125,000. Here is what a usually do from my computer:

1.      Find basis information about the property

  • First thing we do is searching for the address online. It is listed in several sites, meaning it is not good for wholesale.
  • Zillow suggest a value of $177,000 based on a huge market area.
  • HAR.com describes this as a 3bed, 2 and a half bath property with 1505 sq ft on a lot of 4,490sq ft. located in Tomball, TX. Subdivision is Westbourne. Built in 1994. Their value is almost $155,000
  • Use google maps street view and take a virtual block around the street and the block to check the neighborhood or find oddities.

2.      Leverage the power of aerial view

Use the aerial view to have a closer look into neighbor’ properties, conditions of lots around, value of homes nearby.

  • In this case, the retainer pond found behind the property suggest many possible troubles like mod, mosquitoes, snakes, or water accumulation after rain.
  • Also, we get to see the size and price of this property and compare it to the ones next door. This is a way smaller house with the same problem than the neighbors’ with not a big difference in prices. If you can get a bigger place in the same area for the same money, this means you can drop the price.

3.      Comparing To Similar Properties Within The Zip Code

In this case, I’m running a search on HAR.com for homes of the same type sold in the same zone, listed from 0-100 days. Narrowed my results by using the corresponding subdivision and adding similar criteria to the property under study. Square footage is perfect to start. Checked the few closest properties and compare the features and value to the offer you have.

4.      Create a Comparable Market Analysis CMA with any tool

Real Estate Comparable Market Analysis CMA

This is an optional step. As I have access to all the tools HAR.com tools, I’ll use them to create a CMA with the more similar options I found in my previous research. Simply add all the information requested and generate a CMA. This will give you an idea of the right price, of how long does it take to be sold in that area and how close the price was to the accepted offer.

Learn more here.

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Wholesale Real Estate

How much is my House Worth? – Real Estate Comparable Market Analysis

How much your home worth? Are you planning on buying an investment property and need to know the value? You can find out by doing a Market Analysis also known as a Comparable Market Analysis. Real estate brokers & realtors use this technique every single day to evaluate properties. Now you will learn how to evaluate any home or any type of real estate in our school.

What is Comparable Market Analysis

You may also hear the term CMA which is Comparable Market Analysis this is an evaluation of how much a property is worth at the current moment. How much a person would be willing to pay for it in today’s market. this should not be confused with the Tax Appraised Value.

CMA vs Tax Appraised Value

A market analysis is what the property will sell for in today’s current market. The state is in a price all this state or a city does to issue taxes. Both valuations can be very different especially in dense city areas.

What To Look At When Building Your Market Analysis

  • Define your market area. Make it very small, take a specific section of the subdivision if necessary.
  • The quality of schools within your market area has a big effect on your analysis. The better the schools, the higher the home value.
  • Make sure you compare homes of the same type. For instance, divide them into a single family, townhome, or condo.
  • Similarly, compare homes according to the years of construction and renovations performed.
  • Square footage is super important. You can’t compare the values of homes with a huge difference in lot square footage or building square footage or living square footage. This all weighs in your value.
  • Also, the ratio of the number of bedrooms, bathrooms, and car spaces in the garages versus the square footage says a lot about the dimensions of the rooms and their convenience.

Defining the Market Area

Real Estate CMA Comparable Market Analysis

Now we must define the area that is comparable to the home. Try not to use ZIP code tools or radios tools as they can hurt us when gathering data. This is because you end up leaving out important comps or including irrelevant comps. To make an informed decision, we use a Pinpoint Plot Tool. If you don’t know the neighborhood call some realtors that master that area.

Investigate for oddities

Sometimes, great deals come with hidden oddity. You want to stay away of anything that is weird, hard to sell. Although you may also consider lowering the value due to such oddities, which may include:

  • Busy streets/heavy traffic
  • Bad layouts/tiny rooms
  • Bad neighbors: dirty, smelly, loud neighbors or neighbors running businesses
  • HOA/ Maintenance fees
  • Flood zone/ flooded property
  • Somebody died mysteriously/murdered inside the house

Why Not Using Zillow or Trulia for CMA Comparable Market Analysis?

Trulia or Zillow as well as many other companies deal with large amounts of data. they do the best with what they have but it’s impossible for them to get the right value because of how different each neighborhood is, the proximity to other neighborhoods, whether these are good or bad, and the different values that can exist in the same neighborhood.

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Wholesale Real Estate

How to Wholesale to Millions in Real Estate

Today we talk about setting our business plan up to Wholesale To Millions. Our goal is that our students can learn the art of wholesaling using our strategy and technique. This will set the foundations to let us make a 6-figure income. The sky is the limit, so let’s get started!

There are a couple of things you must do to keep your wholesaling career running smoothly. Also, these basic steps will help you get protection against any bad scenario you may think of. Having an organization is key to protect your personal assets. Make sure you follow the next steps to build a shielded, champ business.

1.      Set up LLC Entity

An LLC, or Limited Liability Corporation is the initial shield to protect you against any sue, claim or legal issue that may arise along the way. First you have legal protection, so you never take a deed in your name. This LLC becomes your “corporate umbrella” and your liability – assets at risk – is limited to what the LLC owns.

This is also a great tool for wholesaling on non-assignable. These legal claims could easily harm anyone with no veil. In your case, they will have to penetrate the corporate umbrella when they try to get you. Having and LLC will also help discourage needless lawsuits, as they can anticipate the results (in your favor).

Where do you get a legal LLC?

  • Come up with a name and check for similar names or restrictions.
  • You can hire a lawyer, a tax CPA, visit websites like legalzoom.com, or simply hire one of our professionals to get it done for you!
  • Your state will have an LLC that has a filing fee. It is commonly around $400-$500.
  • Then, get your EIN. This is like a Social Security number for your business. This is free, takes around 10 minutes to be done, and you can even it do from your phone.
  • Open a business checking account.
  • Get a team to help you keep it all legal: Get a bookkeeper, an accountant, a tax adviser, a CPA, an attorney, or this one handy person that can do it all for you in a few hours a month.

2.      Set up DBA under LLC

Now you must make a presence. This starts by visiting your county court offices and get your DBA under the LLC. DBA, the acronym of Doing Business As, will allow you to perform business activities under your LLC name. it only costs $13 and will save you  good money on taxes when you buy any supply for business activities.

You must select a DBA name that also works for your future domain. Make sure it is built with 3-4 words that are short and easy to remember, check some domains available, take them to court with you and select the one you can (not taken). Also ensure you invest in a reliable .com domain.

3.      Set up your Website

Wholesale to Millions in Real Estate - Wholesale Real Estate

Having a website will do two important things for your business. First, it will give you credibility. And mostly, it will help you generate leads. A good website will help you find candidates to cover the first layer in lead generation. Those leads you will then include in your email campaigns or contact and filter until getting your clients.

4.      Set up Vanity Phone

A vanity phone number is a custom-made set of digits that either spell out a word or are memorable in some way. In this case, you want to make sure it is simple, and something related to buying homes. You can hire this service for as little as $10 a month. Any call directed to your vanity phone number will be redirected to any personal/office number you select.

This will allow people to remember your number and increase you lead generation tools. It also helps your business have a more professional look. In this trust game, where people get involved in one of the biggest transaction of their lives, you must do anything you can to gain you client’s trust.

5.      Set up your brand

Start creating all your brand image. You need a logo for your social media, your website, your business cards, and everything. Use letters, images and even a professional picture of yourself. My recommendation to help you find a high-quality logo is opening a contest on freelancer platform. You will have tons of options to choose from. Make sure they show integrity, are clear and trust-worthy, describe well what you do.

After all this, you’ll be ready to go and start your professional path in real estate wholesale.

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Wholesale Real Estate

Wholesaling Real Estate For Beginners – Virtual Wholesaling & Lead Generation

Today we talk about Wholesaling Real Estate For Beginners.  Wholesale real estate flipping houses will earn you a 6-Figure income and the best part is you do not need any money to get started. Learn from a real estate broker with 15 years of experience in Wholesale real estate flipping houses.

What Is Wholesaling Properties?

In a nutshell, wholesaling means we put a property under contract, and we sell the rights to an investor for profit.

How To Find Super Cheap Homes to Sell?

Just because a home is in the market for a price, it doesn’t mean that is its real worth. It can be more or less. You should master your farm area; you have to know the market prices of the area you’re working on so you may know what truly a right value for every property for sale is. Commonly, your proposal to the seller will go from 50-70% of the real market value for that home.

Why can you place such a low offer? Because the property is being sold as is, repairs or renovations are often needed, and sellers are motivated to sell fast. So your job as a middleman is to find a property, analyze it, and propose a selling price that allows you to offer it for a higher value and thus you and the end buyer will make profit.

How Much Money Can We Make On A Wholesale Deal?

Wholesaling Real Estate For Beginners make money

There is no one unique answer for this question. This will depend on each person’s performance, abilities, and dedication to wholesaling. But in order to give you an idea, I calculated an average of earnings from 2015-2020 from my students and myself. Here is how it turned out:

  • Minimum profit: $2,887
  • Median profit: $8,922
  • Average profit: $12,383
  • Maximum profit: $26,991

All these numbers are great! Who would love to at least start making the minimum? This is what you could be doing, this is what you can expect in this business. My recommendation is: if a deal won’t get you at least this minimum profit, don’t take it. There are tons of homes, tons of sellers and tons of buyer, and there’s a lot of time and effort behind each transaction so make it worth!

I can also tell a fabulous story about a commercial land deal with a giant profit (not included in the previous calculations) of $127,323. This fantastic deal is a living proof that in wholesaling, sky is the limit!

Wholesaling Real Estate For Beginners Requires Money?

Not really. You can start with just time and hard work. It may be a little rough but never impossible. And after your first couple of closed deals, you can invest in advertising, office  supplies, marketing, signs, and stuff like that to improve your presence and thus your profits.

Do You Need A Real Estate License To Wholesale?

No!

Wait! Are you waiting for a longer answer? You could instead start your way into wholesaling but ok, here it is.

It is not necessary to be a licensed realtor to wholesale properties. In fact, being a realtor can be seen as a drawback in wholesaling because you:

  • will have a higher level of fiduciary responsibility
  • must be extra careful and disclose any license information clearly.
  • should get your broker’s approval
  • must split your earnings with your broker.

It would be helpful to be familiar with the home buying/selling process and contracts, but this is something anyone can learn, and no assessment is required.

Is Wholesaling Real Estate For Beginners Difficult?

Absolutely not! Focus on staying out of trouble and making a lot of money. There are risks! Of course! A bad contract can get you sued; can make you lose money. You’re dealing with real  people’s money and lives as well. And that’s why training is a need. Make your decision of becoming a real estate wholesaler an informed decision. Don’t simply jump out to the market and start the process.

Make sure to find and grasp quality and relevant information about wholesaling in your location. You should feel confident of every step you take, knowing what you’re doing is right for every party. The rest of the process is not too different from any other real estate transaction.

The Right Mindset Will Take To From Zero To Millions

Again, when you have the confidence of what you’re doing is right, that you’re doing a great job, that you’re acting with integrity, when you put your time and effort in the right place, the universe will respond with its best answers.

There is no reason to fail. You have everything you need to start making money in front of you!

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Wholesale Real Estate

Getting Started in Wholesale Real Estate – Training Courses

In this lesson, we will talk about How to get started, and what is Wholesaling Real Estate, how to find wholesale deals, where to find sellers, and how to work with investors. In this lesson, we will be also talking about closing the deal now and making sure the contract is written for your benefit. We will eliminate all loopholes so that you can close the deal down.

What is Wholesale Real Estate?

Wholesale real estate, it’s such an easy way to make a lot of money without any money at all. But you can get yourself into a lot of trouble as well. So, you better make sure to learn from the best coaches out there. In brief, real estate wholesaling is the process of finding a deal and passing it along to an end investor.

How is Real Estate Wholesale done?

Well, your job is finding a distressed property with a below market value, get it under contract to then sell it to the end buyer for a higher price. This way, you can make a profit investing little to zero money!

Wholesale real estate both in houses, residential and Commercial can be done in Most states without a license.

How To Find Wholesale Deals?

getting started wholesale real estate how to find deals

Here I’ll show you some of the best tactics I’ve used to find great deals and personally recommend when Getting Started in Wholesale Real Estate:

  • Navigate your market area looking for distressed properties. Why? Easy! A home says a lot about the owner. A distressed home may imply economic issues or lack of interest in the property. They’re quite likely needing to get rid of that property and the conditions will secure a below market price.
  • You can also go online and check real estate websites like Craigslist, Zillow or Realtor.com to check some of the good properties listed there.
  • Are you part of a local real estate network? Leverage from that and exchange some great information
  • Searching for public records in your area is also a good method. Cases like recently inherited properties or homeowners behind on payments make good candidates for deals.

How To Work With Real Estate Wholesale Investors?

Finding your end buyers is just as important as finding the deal. Maybe a little more significant, as they are the ones who put the money in the deal and where your profit comes from. Investors or contractors are the right target for this. Build a strong buyers’ list and you’ll know where to take and close any deal you find.

There are several methods to build a good buyers list, including:

  • Build strong, relevant relationships. How? By getting into your network, you can whether attend real estate events or get involved in social media groups.
  • Use email marketing campaigns and social media to spread the word about your offers.
  • Use bandit signs. This old school method is still reliable these days. Many successful wholesalers love to use them. Share your contact info throughout your area.

Making Sure The Contract Is Written In Your Benefit

There are legally two ways to perform a real estate wholesale. You can either sell a contract or execute a double closing. It is my recommendation to stick to the most common option, selling the contract. This way, your name, your financial status, your credit score, none of this will matter or get in the way of closing the deal.

It is the perfect method for those starting from scratch in this business. When you get a property under contract, you then sell the end buyer the possibility to buy that property. Make sure this is stated in the contract, as well as your way out the deal without having the obligation to put any money from your pocket in case the buyer backs out!!!