Augusta
VIP Contributor
it you are trying to adopt the wholesaling strategy of investing in real estate then you need to know the steps to take to be successful with it
The right steps to be taken are as follows
Do a Research
You need to find out the wholesaling laws in your region. Then check out the nearby locales and neighborhoods where to invest in the property.
Look for a distressed Property
Check for properties listed below market value especially the ones the owners who are willing to flip.
Calculate the process
you need to be calculative here and take due diligence of this. get a property that fits what you want. Get the information about the property's fair market value.compare eith other properties in the area
Get in touch with the Seller
When you have seen the property you want them contact the seller and let them know you are a real estate wholesaler and how working with them will sell their property very fast.
Get the Property Contract
Get the property under contract after showing your offer to the seller. Don't just get contract but be sure that it has the right for you to assign the contract to another party.
Get a buyer
The last step will be you finding a Cash Buyer. Then make the necessary sales so that you can keep your profit and pay the buyer
The right steps to be taken are as follows
Do a Research
You need to find out the wholesaling laws in your region. Then check out the nearby locales and neighborhoods where to invest in the property.
Look for a distressed Property
Check for properties listed below market value especially the ones the owners who are willing to flip.
Calculate the process
you need to be calculative here and take due diligence of this. get a property that fits what you want. Get the information about the property's fair market value.compare eith other properties in the area
Get in touch with the Seller
When you have seen the property you want them contact the seller and let them know you are a real estate wholesaler and how working with them will sell their property very fast.
Get the Property Contract
Get the property under contract after showing your offer to the seller. Don't just get contract but be sure that it has the right for you to assign the contract to another party.
Get a buyer
The last step will be you finding a Cash Buyer. Then make the necessary sales so that you can keep your profit and pay the buyer
