Wholesaling Real Estate
Wholesaling Real Estate Guide for Beginners
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Narrated by:
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William Bahl
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By:
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Samuel Gobar
About this listen
If you've heard of flipping houses, but having given it a try because you lack the funds and skills, then real estate wholesaling might be a perfect start to begin your career as an investor. Why? Wholesaling doesn't require a huge amount of money for start-up fees, and you won't have to worry about making repairs. With our guide to wholesaling, you learn how to purchase and assign property in a matter of weeks, and leave the renovation worries to other investors. Wholesaling real estate is a quicker way to earn your fees, and it not near so nail-biting an experience. The risks associated with wholesaling are minimal because you aren't purchasing the home, you're only procuring the property to pass it to another investor who takes on the risks. Listen our guide and learn how to drive sellers and buyers to respond to your marketing. You'll be able to negotiate with the confidence of knowing that your learned communications skills and proven strategies will enable you to build your business successfully. You'll feel the reward of helping homeowners climb out from under the heavy burdens of a home they can no longer maintain or afford. Some of the strategies and skills you'll be learning within these pages are:
- How to market for the highest profits and greatest number of responses
- How to accurately analyze the market for accurate pricing and the most profits
- When and how to work the wholesale process
- What are the most common mistakes and how to avoid them
- How to compete with other investors and "Hunt with the Big Dogs"
- The importance of treating your business like a business
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- By: MJ DeMarco
- Narrated by: MJ DeMarco
- Length: 12 hrs and 46 mins
- Unabridged
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Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. I call this soul-sucking, dream-stealing dogma "The Slowlane" - an impotent financial gamble that dubiously promises wealth in a wheelchair. For those who don't want a lifetime subscription to "settle-for-less", there is an alternative.
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Excellent!
- By Iray007 on 09-22-15
By: MJ DeMarco
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Los secretos de la mente millonaria (Narración en Castellano) [Secrets of the Millionaire Mind]
- Domina el juego de la riqueza [Mastering the Inner Game of Wealth]
- By: T. Harv Eker
- Narrated by: Ivan Villanueva
- Length: 2 hrs and 17 mins
- Unabridged
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El autor estaba en bancarrota, en solo dos años y medio se convirtió en millonario y construyó una de las más grandes firmas de consultoría para el éxito. Con sus enseñanzas ha tocado la vida de millones de personas. Este audiolibro te enseña a observar como piensas. Es un reto a tus ideas que te limitan, a los razonamientos que no te apoyan y a tus acciones con respecto al dinero.
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El libro está bien, pero ES VERSION RESUMIDA
- By alexnvlp on 08-24-23
By: T. Harv Eker
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The Little Book of Common Sense Investing
- The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
- By: John C. Bogle
- Narrated by: L. J. Ganser
- Length: 5 hrs and 50 mins
- Unabridged
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The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
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One star for every point this 5 hour book makes.
- By Matt on 01-31-19
By: John C. Bogle
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The 1-Page Marketing Plan
- Get New Customers, Make More Money, And Stand Out From The Crowd
- By: Allan Dib
- Narrated by: Joel Richards
- Length: 6 hrs and 31 mins
- Unabridged
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To build a successful business, you need to stop doing random acts of marketing and start following a reliable plan for rapid business growth. Traditionally, creating a marketing plan has been a difficult and time-consuming process, which is why it often doesn’t get done.
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You Need to buy Book to get key info
- By Rosie's mom on 10-23-18
By: Allan Dib
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The Most Important Thing
- Uncommon Sense for The Thoughtful Investor
- By: Howard Marks
- Narrated by: John FitzGibbon
- Length: 7 hrs and 9 mins
- Unabridged
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
- By Johnny on 06-08-15
By: Howard Marks
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One Million Followers, Updated Edition
- How I Built a Massive Social Following in 30 Days
- By: Brendan Kane
- Narrated by: Brendan Kane
- Length: 7 hrs and 50 mins
- Unabridged
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In One Million Followers, Kane will teach you how to gain an authentic, dedicated, and diverse online following from scratch; create personal, unique, and valuable content that will engage your core audience; and build a multimedia brand through platforms like Facebook, Instagram, YouTube, Snapchat, and LinkedIn.
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A Very Poor Read
- By Anthony Butler on 04-14-21
By: Brendan Kane
What listeners say about Wholesaling Real Estate
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Anthony Reid
- 08-02-20
Solid Foundation on Flipping Properties
Be honest with the owners. Don’t try to sugarcoat the appearance or condition of their home. Talk to them about the fact that they obviously know their home is going to need some work, but don’t forget to talk to them about a few things you like as well. When you see that they are relaxing and hear them responding more openly to your questions, ask them what their plans are when they sell their home. Knowing their plans is imperative because this will let you know one of two things: their dreams or nightmares.
If they say they want to buy a boat and travel the coastline, then you’re going to enable them to follow their dreams. If they say they are going to have to live with their parents when they no longer own the house, then that’s a problem. They have no money to pay for the repairs on the house, and the longer they stay, the more they postpone their future. So, you're going to help them dump the house and begin saving for a better tomorrow. Whatever the owners' response is, either their dream or nightmare, you need to be the solution.
Now you want to ask them the second most important question. "SO, WHAT HAS BEEN HOLDING YOU BACK?" Asking this question will help you get to the reasoning behind their problem. It could be that they tried to sell their home, but they couldn't sell it for the price they were asking. Instead of dropping the price, they gave up. It could be that what has held them back was that they had listed the house in the past, but the traditional buyer couldn't get past the mess. You have the solution for that, right? Whatever they say has been holding them back, you be the solution to helping them.
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12 people found this helpful
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- Jeffery Anderson
- 08-08-20
Incredibly helpful for the new real estate invest
Tell them a story here and there about your family and pets, and just talk to the owners as if they were your friends. Don’t make it all about business, be friendly and smile. They are already stressed enough to bring a stranger into their home in the condition it’s in, so put them at ease with casual conversation. If possible, sit down around the kitchen table to discuss the deal. Kitchen tables are a friendly, family location, and you’ll know they trust you when they let you sit down at the table. If they offer anything, accept it. That’s what friends do, right?
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- Pamela
- 07-26-20
Informative , clever, useful
Real estate investing, whether you're buying residential or commercial property, is not a get-rich-quick scenario. You can make some fast cash flipping houses, if that's your thing, but that is a full time business activity, not a passive, long term investment. The word "investment" implies that you are committed to the activity for the long haul. Often, that's just what it takes to make money in real estate.
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- Alicia Patton
- 08-03-20
Overall great content, especially for $6.95
Contact the owners and see if they could use your services. Even if the property has a while to go before the lease option has matured, many investors are willing to purchase property held by another as a lease option.
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- James Vinson
- 08-08-20
Step-by-step guide to wholesaling!
You’ll find educational blogs and Podcasts on Bigger Pockets to keep you informed about the latest market trends, innovative investing strategies, and information that will help you to build a profitable business. Bigger Pockets is a community of people who are looking for a wholesalers’ services, and they are all at your fingertips. Of course, like you, other wholesalers visit the site as well, so your marketing materials must be spot on, and your personality needs to be engaging. Browse the site, but before participating in a forum discussion, be ready to speak intelligently and knowledgeably about your skills and offerings.
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- Kenneth
- 08-05-20
Business Entities Simplified!
Wholesaling real estate requires consistent and targeted marketing efforts, and the more creative you are, the more money you'll be able to save and still attract business. Remember, wholesaling is all about relationships, about making contacts with people who have problems in need of the solutions you offer. The more you can convince them that you have the best option, the better you will distinguish yourself in your marketing materials and strategies.
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- Sidney
- 07-26-20
Insider Tips worth hundreds alone!
In the US alone, population levels have grown from 180MM in the late '50s to 330MM+ today. And so, the highly competitive pricing increments in real estate have been reflected in the population growth over time. The $20K home of the '50s is now worth $500K or more. That's a 25x increment in value over time.
Gobar takes readers through the dynamics of building a personal financial statement in order to prepare prospective investors for the all important thrust into the world of investing in real estate. Real estate investment isn't just property accumulation. It's also investments in REITS, tax liens and other avenues of making passive income in real estate without the headaches of owning a property.
Overall, the thrust of this Gobar's book is good for the beginning investor in real estate. There are pitfalls in real estate investment like gaining good, knowing the property downsides, the neighborhood quality of life issues and much more.
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21 people found this helpful
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- Anne Vierra
- 08-09-20
Read again material
This is a very good book educative on how to become a millionaire through real estate investing when you are still on daytime job.
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- Sidney Shook
- 08-05-20
Laid out how simple wholesaling can be
First, find all the homes that have sold within a half-mile to a mile radius that has the same or similar features as your property. It is always better if you can find ones to compare that were built by the same builder, the same year, and the same model. However, when the house is older, finding these types of comparisons is not always possible. Today's markets are so volatile that comps won't be very useful if they are much older than three to four months—six months at the very most. Hopefully, you can find four or five homes that are similar and located within the designated area.
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- Marshall Shepard
- 07-31-20
A must BUY! Even if you don’t think you need it!
You’ll learn how to compose an offer that will give you maximum profits while creating the best chance of seller acceptance. There is a talent in negotiating an offer that makes everybody walk away satisfied. Although the sellers had to compromise, they still got some of what they wanted. That's the beauty of wholesaling real estate in finding that middle ground that everyone can accept and still feel as though they benefited in the exchange.
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