🔥Watch our FREE TRAINING to learn how to Wholesale & Flip Houses from the MLS without having to do any marketing: realestateskills.com/training?el=10beststates
You got this, Ziant4life! Many people have had bad experiences with bad wholesalers. You can always educate agents and buyers alike. Remember to approach this business with a service mentality and you will crush it! Cheers and Happy Investing! 🏠
As a licensed agent, would you recommend doing both wholesale deals and regular real estate transactions or you think its better to just narrow the focus doing one or the other? Also could you do a video on the opposite as well, 10 worst states to wholesale just for comparison
Great question, RicoLamar987! It's always nice to have an additional exit strategy in your tool belt. You shouldn't stop doing your other transactions, but it is always good to know how to wholesale. Being an agent gives you many advantages when it comes to negotiating as well. That's a great idea and we will add it to the list of videos to make! Cheers and happy investing, RicoLamar987! 🏠
@RicoLamar987 One thing @Fabuloustransportation is likely referring to is your fiduciary responsibility to whom the agent is representing either the seller or buyer. With appropriate disclosures and understanding of your local laws and regulations, you can wholesale as a real estate agent. We actually wrote an article that goes over how you do this. Here is a link: www.realestateskills.com/blog/can-realtor-wholesale-property I hope this provides you more insight on the matter. Cheer! 🏠
Hello, Lenick Joseph! You can look into those but usually they are highly competitive and not worth the hassle. Using the MLS to be your main source of deal flow has worked for us. Cheers! 🏠
I've been educating myself for a while now, but my discouragement was about my home state of CA, so this was enlightning. I know it's all numbers, but the prices here compared to examples in other states add to the fear. But thank you, great info!
You're very welcome, Lia Odell! We built our business doing deals in CA so it can be done. Just always remember cash buyers are buying in a wide variety of markets. You got this! Cheers! 🏡
We'll be releasing a new video specifically for wholesaling in South Carolina in the next week so be sure to Subscribe to be notified! Don't want to miss that one ;) We have multiple ways to wholesale in all states such as: joint ventures, partnering up with real estate agents, consulting agreements, etc., Here's our guide book which has "How-To" guides for wholesaling in each state: realestateskills.com/howtowholesale?el=10beststates Cheers & Happy Wholesaling!
FYI - Here's our video on How To Wholesale Real Estate Legally In South Carolina: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-sa8SoD10i68.htmlsi=8Xo2ceiJj5fcY7gA Cheers!
I have followed real estate skills since june 2023, and Alex gave me the know-how to start, so thanks very much for that. Can we get a video on what states actually have laws for wholesaling and who has no restrictions (open season lol)? Again, thank you for teaching. Keep up the amazing work 🎉
Great suggestion and we can add it to our list of videos to make, Nicole Davis! We are stoked to hear that you've been able to get started wholesaling from what we teach on our channel! Keep it up! Cheers and happy wholesaling! 🏠
Each state has there own laws and regulations in order to wholesale real estate, @Fabuloustransportation! It's important to learn how to abide by the local rules and regulations, but every state does allow you to wholesale real estate. 🙂
We're glad you loved the video, Pia Mayer! If you're interested in joining our program, first we want to make sure we're a good fit for each other. Check out our free training here: realestateskills.com/training?el=10beststates Once you've had time to go through the free training you can schedule a time to talk with our team and we can come up with a strategy together to move your real estate investing goals forward. 😊 We look forward to hearing from you soon, Pia! 🏠🚀
Hello, WolfBoy723! It always depends. You need to be able to assess if the time put into a property will have the ROI you're looking for. We think it is great to understand wholesaling, wholetailing, and flipping in order to have a fully rounded set of exit strategies. Cheers and happy investing! 🏠
Hi there! Looks like you've got the list down perfectly! These are indeed some of the best states for wholesaling real estate based on market activity, demand, and investment opportunities. Do you have a favorite from the list or a market you’re working in? Thanks for watching and engaging with the video!💙
@@RealEstateSkills Yes, pretty new but doing my best to keep up with what the info you are providing. Amazing work! Right now I am mostly in Texas because that’s where I live. It has some pretty good areas and the market has a lot potential. But over time and when I get better and I definitely will expand to further markets
Thank you for what you do! I am a young person hoping to get into real estate here in Tennessee and your videos are very helpful for learning more about the market.
Great video! I'm fascintated that you list California as number one. I'm curious if you can go a little deeper as to why. I've seen similar videos like yours and none of them even have California on their list.
Good question, Bert Wright! Things to consider are the fact that California is a very desirable state to live in and there is a shortage of housing in major destinations such as San Diego, Los Angeles, etc. This creates unique investing opportunities despite the higher-than-average price points. Cheers and happy wholesaling, Bert Wright!🏡
When doing the google ninja trick you run into a lot of wholesalers with websites. One buyer didn’t want to pay over 5k for an assignment fee. Some of the people that answered were rude and short. You must have tough skin for the Google trick.
Hello, GOD's Intercessor! Thick skin is definitely a must so just remember not to take things personal. One of the best things you can do is utilize our free script we teach in our "How To Talk To Cash Buyers" video. Here is a link: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yPDBNoKgIUo.html Once you watch that video and download the script you can start to filter out your cash buyers and start to build up your list. Don't let this discourage you! Press forward and learn from each person you speak with. You got this! Cheers! 🏠
Hello, Tyler! You are allowed to wholesale one deal per 12 month cycle in Illinois without a license. We actually wrote a pretty great article about wholesaling in Illinois here: www.realestateskills.com/blog/how-to-wholesale-illinois?el=10beststates We think this will be a great read for you and help you with you future wholesaling ventures in your state. 😊 Cheers and happy wholesaling, Tyler! 🏠
@@tyler2467 That sales experience is going to pay off here! Congrats on getting started on your real estate journey. Remember you can take what you learn here and apply it virtually into other markets. Down the road you can look into getting your license , but it isn't necessary to get started. 🚀
I’m surprised that you place CA as #1 I live in San Diego , Ca, Wholesaling is almost impossible here. I tried wholesaling in LA too , no luck. Sellers in CA have a different mindset.
Hello, roadsafeties! We have a ton of students that do deals together within our community. Unfortunately, right now we don't have the time to JV outside of our community. Cheers! 🏡
Alabama let's goooo, Hannah! If you're interested in wholesaling in Alabama we suggest you check out our article here: www.realestateskills.com/blog/how-to-wholesale-alabama?el=10beststates That article is going to go over the wholesaling process for Alabama for you! Also, don't forget to download our "HOW TO WHOLESALE REAL ESTATE STEP-BY-STEP STATE GUIDE" down in the description for any state you're interested in wholesaling in! 🚀 Cheers and Happy Wholesaling, Hannah! 🏠
Typically the agent will have that lined up for you, Cj Kirk! If your buyer has a preference though you can always request it to be included in the contract. Cheers! 🏠
Hello, @99JSTEWART! The short answer is yes you can wholesale in Texas. We actually wrote a great blog that goes over how to wholesale legally in Texas. Here is a link: www.realestateskills.com/blog/how-to-wholesale-texas If you have more questions feel free to ask in the comments! 🙂 Cheers! 🏠
Colorado is a great place to wholesale, Manny Reyes! We actually have an article on our site talking about how to get started wholesaling in Colorado you might enjoy. Here is a link: www.realestateskills.com/blog/how-to-wholesale-colorado?el=10beststates Enjoy the article and happy investing, Manny! 🏠
Hey Alex, thanks for all that you do. Am considering joining the program. Did have a question though, i watched your other step by step vid on how to wholesale. You recommend 14 day close when making offers. What if i find a buyer on day 5 or 7 after executed contract and he needs more days to acquire the funds, if hes using hard money or getting lending which typically takes 7-14 days sometimes and it goes past the 14 day mark and the contract is no longer active. How do we move forward with the deal if we need more for buyer to get the funds together to close?
Great question, Brandon Vintila! Thank you for showing interest in joining our program! To answer your question, in situations where the buyer needs more time to secure funds after the initial contract is executed, communication becomes crucial. If you find a buyer on day 5 or 7 and they require additional days for funding, it's essential to discuss this with them. Consider extending the closing period by mutual agreement, making sure to document any changes in writing. This can be done through an amendment to the contract, outlining the revised closing date. It's important for both parties to be on the same page and understand the updated timeline. Additionally, staying in regular communication with the buyer and keeping transparency about the situation can help build trust and facilitate a smoother process. If needed, consult with your real estate agent or legal advisor to ensure that any modifications to the contract are in compliance with local laws and regulations. Remember, flexibility and clear communication are key when navigating such situations. Make sure you check out our free training here: realestateskills.com/training?el=10beststates Once you've gone through the free training you can schedule a call with our team and together we can come up with a strategy to move your real estate investing goals forward. 🚀 Let me know if you have any more questions! Looking forward to hearing from you soon, Brandon! 🏠
No 30 days unless you already have a buyer. You still need a inspection so the investor doesn't have any surprises like foundation issues. Also keep in mind unless the house is empty the old owner needs time to pack and get a moving company.
