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Wholesale Real Estate (Flipping Houses) |
To put a property under contract with the intention of reselling it quickly for a profit, either by buying it and then reselling it, or by assigning the purchase contract for a fee.
Real Estate Wholesale Overview
In a wholesale, someone buys or puts under contract a property with the sole desire to sell the property, or the interest of the property, without doing any improvements or updates.
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Pros of Real Estate Wholesale:
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Cons of Real Estate Wholesale:
- Provides fewer tax benefits than other investment types
- Generally smaller amounts of cash made on each transaction
- No long-term wealth building residual ability
Marketing Advice of Real Estate Wholesale:
- Look at online bulletins and newspapers for distressed sellers.
- Bandit signs in high investor activity areas.
- Post-it Notes, direct mail, postcards in high investor activity areas as well.
- Internet e.g. Pay-per-click, etc.
Wholesale Real Estate Forum Topics
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Started by bulkforeclosuredeals
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Posts: 3
Views: 0
Grade: ?
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Last Post: 02/18/10
By: bulkforeclosuredeals
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Started by timandlisa1208
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Posts: 25
Views: 1574
Grade: B
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Last Post: 05/04/08
By: JohnCorey
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Started by colin
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Posts: 1
Views: 442
Grade: A
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Last Post: 09/17/07
By: Jeff_Tumbarello
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Started by bewealthy
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Posts: 6
Views: 1557
Grade: B+
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Last Post: 02/05/10
By: Financexaminer
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Started by timandlisa1208
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Posts: 13
Views: 889
Grade: A
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Last Post: 12/03/09
By: investorpc
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Wholesale Real Estate Books
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The New Path to Real Estate Wealth: Earning Without Owning by Chantal Howell Carey & Bill Carey
This book reveals the ultimate real estate investment secret: you don't have to actually buy or own real estate in order to profit from it. Those who control the paperwork of real estate—the contracts, mortgages, and deeds—make money without having to own anything. This book reveals the simple ways anyone can flip properties or contracts without ever taking title to the property. |
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How to Be a Quick Turn Real Estate Millionaire
Nationally renowned real estate expert Ron LeGrand has developed a method of buying real estate to generate cash that he calls "quick turning". He helps readers understand which type of transaction is appropriate for their specific cash flow goals, and he reveals how-to secrets that real estate investors, and wannabe investors, can use. |
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The Real Estate Fast Track by David Finkel
Author David Finkel offers step-by-step guidance on building a real estate business that lets you earn more while you work less! You'll master all five of the core skills of the world's wealthiest investors and learn the advanced secrets that have helped Finkel's students and clients buy and sell over $1 billion of real estate, much of it without cash or credit. You'll build your real estate business until you can relax and watch the money flow in. |
Wholesale Real Estate Videos
Whole Sale Real Estate Resources
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Constant Contact Newsletters
Description: Constant Contact is the leading web-based email marketing service. Perfect for updating clients and for utilizing your buyers list. Get it FREE! |
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Automated Response System
Description: By far the easiest way for you to screen unwanted calls as well as make sure you do not miss any of the good ones. Free set up with referral code "BALLER"! Automate your business with a 24 Hour Recorded Message. |
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Marketing Signs
Description: Get noticed! Bandit signs are a great way to start your business and create calls instantly. Be sure to watch our sign videos for all the insider tips. |
