Wholesaling Property For Beginners: In a recent video, I sit down with 21-year-old wholesaler, Drake Harris, in Texas. He has already closed 10 land wholesale deals in just a few months, all while still studying business marketing.
Property wholesaling, or deal sourcing in the UK, is where you find an amazing property deal, and rather than buy it yourself, you pass it on to an investor. It is a great strategy for those who are just getting started in property, because it doesn’t require a lot of upfront capital.
On the other hand, it is also an excellent business for established property investors. It is impossible to buy every deal you come across, so wholesaling the ones you don’t buy is a great way to generate cash flow. So property wholesaling is a strategy that can be used by anyone, regardless of the size of their portfolio!
If you want to see how it is done, make sure to watch the full video until the end. You can watch the video at the top of this page, or on my YouTube channel.
I want to teach people how to get into property wholesaling, because it offers a great starting point for those just at the beginning of their real estate journey. In this article, I will give you a 3-step guide to wholesaling property.
By the end of this article, you will know whether property wholesaling could be your path into property, and whether it is worth your time to learn more about it. If it is, keep reading until the end, because I can help with that too!
I want to get this wholesaling property for beginners guide into the hands of as many people as possible. That way, I can help more people reach financial freedom through property. However, I need your help reaching them!
Please consider sharing this blog post on your social media pages! When you share our content, it allows people to learn the skills they need to become financially free via real estate. It makes a real difference. If you decide to share this article, I truly appreciate, and thank you for doing so!
1. Wholesaling Property For Beginners: Find A Deal!
This is all about knowing what makes a good property deal. You will be looking for motivated sellers, willing to sell their property below market value. Understanding the market will take some time, and require some training.
2. Wholesaling Property For Beginners: Negotiate With The Seller!
Make a list of possible properties, and start making calls. You will need to speak to the sellers, and negotiate on price. You will have to make a lot of calls, and be ready to face rejection. If you follow the process consistently, you will secure a deal. Depending on the jurisdiction you are operating in, you may also need to put the property under contract.
3. Wholesaling Property For Beginners: Sell The Deal To An Investor!
Finally, you will find an investor and pass them the deal for a fee. You can find investors via real estate networking events, or even via cold calling, as Drake did. This is where sales skills are important, and can make the difference between being successful, and failing.
Wholesaling Property For Beginners: Get Trained!
Now that you have read this wholesaling property for beginners guide, it is time to get some property training! Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
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The SECRETS to becoming a successful property investor
Get immediate and actionable insights to accelerate your property investment journey.
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How to LEVERAGE other people's money to get started
Begin to understand the strategies to use to reduce the barriers to getting started.
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How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
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How to RECYCLE your money again and again
Don't just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
