While the news likes to focus on the negatives, we see the opportunity. There is so much opportunity that USA Today had to write a report on it. Its no surprise though, if you were going to seinars and events back in 2008, 2009, you heard everyone saying this would happen, and guess what, IT IS!
A recent article in the Chicago Tribune states that less properties sold in 2010 than in 2009. Also, there was a decrease in price for properties that did sell. As investors, this is not necessarily bad news. We take this article and try to find positive points for Chicago investors, especially cash buyers.
These tips fit almost any self-starting entrepreneur. If you are wholesaling real estate, you are an entrepreneur, whether you think so or not. As any sport or industry you are in, the only way to succeed is to have passion, discipline, and humility.
If you are just now getting into the profitable world of wholesaling, the internet is a tool you should become an expert in. The majority of buyers and investors are going online to find deals. There are so many websites, listing pages, and classified ad sites that its hard to tell which is best. It is always changing and will never be the same, but for now, I have compiled a list of sites and online tricks a wholesaler should be doing in order to find cash buyers for their real estate deals.
Five Things to Know When Putting Together a Wholesale Deal
When you start your wholesaling business, or whatever real estate niche you are in, having buyers wll be your blood line. In theory, wholesaling is quick, easy, and full of dancing care bears in the clouds, but in reality, if you are working solo and just got a course, there are a few things you need to know. Wholesaling is fun and rewarding, but take time to do your homework and sharpen your sales skills. If you have not experienced a seller or buyer walking away from a deal, or having attorneys belittle you, just wait because it will happen eventually. The following are just some small tips you should print out and put in a binder with your course.
Know the Different Types of Buyers for Your Wholesale Real Estate Deals.
