Chicago Real Estate

Top Five Tools Wholesalers Need to Start Flipping Real Estate

Leave a Comment / Blog, Chicago Investing Articles / By admin

When you start looking for cash buyers for wholesale deals, use craigslist ads online and put out announcements throughout the city, either by placing a sign alongside the road, or an ad on penny savers. Direct all of them to go to your site and sign up. You will use the email service provider to get in touch and Wordpress to host your squeeze page. While you start building potential buyers, start looking for sellers. Buy the list, and send it. Track your response and send that same list a follow up letter within 3 weeks. Repeat the process for at least 4 months.

The Two Types of Motivated Sellers All Wholesalers Should Find

3 Comments / Blog, Chicago Investing Articles / By admin

When wholesaling real estate, you must know who you’re targeting. While it is obvious that you must always be targeting sellers and buyers, what most guru’s do not stress is what type of buyers or specific sellers. If you think that you can put up a few advertisements alongside the road and in the grocery store and get a 20K deal, you’re wasting your time. Having a schedule for sending mail pieces and posting advertisements is critical to your success. You should have a laser-like focus on finding motivated sellers. The following are just two specific groups of sellers you should market too; in fact, these are the only ones you should market to for great deals.

The 4 Different Types of Buyers for Your Wholesale Deals.

Leave a Comment / Blog, Chicago Investing Articles / By admin

Know the Different Types of Buyers for Your Wholesale Real Estate Deals.

Tips on Negotiating a Real Estate Wholesale Deal

Leave a Comment / Blog, Chicago Investing Articles / By admin

When presenting an offer to a seller, no matter how motivated or not they are, there are a few tips that could make all the difference in the world. As a real estate investor and wholesaler, even if you are the best marketer in the world, if you cannot present a contract and get it signed, you won’t make money. Not only that, even after you do get a property under contract, the seller can back out if you are not careful. Luckily for you real estate wholesalers, I have some tips that will help you get over the fear and get your contracts signed. Below I have the step-by-step process you will want to practice when trying to get a wholesale deal under contract.

Five Tips to Know When Presenting a Contract for a Wholesale Deal

Leave a Comment / Blog, Chicago Investing Articles / By admin

Wholesaling Real Estate: Five tips on putting a wholesale deal under contract.

* Be aware of who will be looking at the contract. In general there should be 2 parties, the seller and the attorney. If they want to involve another party such as a realtor who is a friend, make sure you get their contact information before hand so you can establish rapport and answer any questions they may have directly. If the attorney is not familiar with real estate transactions, or wholesaling, just explain that it is all standard and that you will close quickly. Also note that if the contract will be seen by a realtor, having a $10 dollar deposit might not be enough and they will try to kill the deal (and get the business for themselves), which is why you want to speak with them before they see anything. As a wholesaler, it is very important that all parties who influence the seller are on the same page.

How to find Wholesale Deals in Any Market – Especially Chicago

Leave a Comment / Blog, Chicago Investing Articles / By admin

If you’re looking to get started in real estate investing, it is obvious that wholesaling will be the quickest, fastest way to learn and make money. Many people do not know where to begin in order to find property to wholesale, which is perfectly fine. Wherever you live, it does not matter where, you will always have properties you can wholesale. The trick is having the right marketing in place to help you while you get started.