Learn To Wholesale Houses
Once you learn to wholesale houses, you will get paid thousands of dollars to find great deals and sell them to other real estate investors
. This is called wholesaling.
To wholesale houses, your success lies in (1) your ability to find great deals at significantly discounted prices and (2) your ability to find cash buyers ready, willing and able to buy the deals from you. The way it works to get paid with wholesale real estate is simple.
First, you find a property and make an offer to the seller to buy it at a significantly discounted price. The seller of the property accepts your offer and you sign the paperwork. You, the real estate wholesaler, now has something to sell to another real estate investor, i.e. the contract on the house that gives you the right to buy it at a huge discount.
Maybe you never thought of it before, but if you have a contract that gives you the right to buy a property at a significantly discounted price, that is a valuable piece of paper. And, as you'll discover, there are many real estate investors that are willing to buy that paper from you.
Second, and now that you understand that you have a valuable asset to sell, all you need to do is find a buyer willing to pay you a little more for the rights to your deal. To wholesale houses, the best buyers are other real estate investors that have cash. Cash buyers are the key to a real estate wholesalers regular pay day.
Cash buyers are easier to find than you might think. The reality is that a real estate wholesaler is someone that specializes in finding great wholesale real estate deals. In most cases, cash buyers spend their time focused on other parts of the real estate investing business. And, that means that they look to you as the real estate wholesaler to help them find great wholesale deals to buy. Like any skilled and professional service, they pay for your efforts and ability. The better the deals you find, the more they pay. The truth is, they pay great. You just need to get out and make it happen.
To wholesale houses, all you have to do is find and control properties with a contract at a significantly discounted price and sell your right to buy the wholesale priced house to a cash buyer that wants a great deal. Most real estate wholesalers make between $3,000 and $10,000 on each property they find without rehabbing or renting.
It's an absolutely great business and you should learn to wholesale houses today. If it sounds too simple, that is because it is. In fact, once you decide to wholesale real estate, you will discover that there are 8 proven ways to find deals fast.
by: Rob Swanson
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