Good morning, Cristian! If you're looking for Cash Buyers first, then check out our video here on How To Talk To Cash Buyers: kzfaq.info/get/bejne/r7Z0dbGgsM2thaM.htmlsi=z3MlVwVILGPhY4oW ^This video covers the exact questions to ask your Cash Buyers to get an exact understanding of what they're looking for. This way, you can bring them the exact deals that they want and increase your chances of successfully wholesaling deals to them! Be sure to download our Cash Buyers Script (which is in the video above), so you always know what questions to ask. Here's a link to the free download: www.realestateskills.com/cashbuyerscript?el=m1i3dwre Cheers & Happy Wholesaling! Time to crush!

Thanks for the realistic comment, I’m curious to see what OP will respond with. How much longer do you have it under contract?

Hey! Awesome to hear! Just curious, why is that your biggest takeaway? California's great for wholesaling.

Thanks for the hearts! You're awesome! Hope you enjoyed the vid all about Cash Buyers! Cheers & Happy Wholesaling! 🏠

Appreciate the love, Cathleen! Wishing you nothing, but success! <3 Please shoot us a Subscribe if you want to see more of our content like this! :)

BOOM! The whole point of this video was to start stirring up ideas on how you can fit wholesaling into your schedule no matter your occupation. Super glad this sparked an idea for you :) In case you haven't grabbed it yet, here's our free resource that goes along with this video: www.realestateskills.com/time?el=htwre15h ^This can help stir up some additional ideas on how to make it happen! Cheers & Happy Wholesaling!

I work 4, 12s as a nurse, how do you find time? I really want this!

Hey Cristian! Much appreciated, glad you loved it! Here's our free training on wholesaling with case studies in case you want to check it out: www.realestateskills.com/training?el=htswrefb Cheers & Happy Wholesaling! 🏠

haha! There we go! Man, all that efficiency & time saved really pays off in the long run. I didn't mention it in the video, but I get the overwhelming majority of my meals delivered every single week. It eliminates the need to think about what you're going to eat, eliminates prep, and eliminates cleaning dishes. This one life hack saves me countless hours every week! Highly recommend! Shoot us a Subscribe if you found the video valuable. We'll be coming out with more content in this format soon! Cheers & Happy Wholesaling!

Solid questions. First off, we always encourage you to know who your Cash Buyers are before ever finding deals. This way, you can find the exact deals they want and increase your likelihood of closing the deal. This allows you to at least have the start of a mutually beneficial relationship with them before ever finding a deal for them. This one action of finding and talking to your cash buyers first can potentially eliminate any cash buyers trying to cut you out (at least this has been the case for us). If a Cash Buyer tries to go around you, or "freeze" you out, then this is why we find multiple cash buyers first. We just work with another cash buyer instead and we NEVER EVER again work with the cash buyer who tried to go around us. Sophisticated Cash Buyers know the opportunity cost when they go around a pro wholesaler. Such as, missing out on 1-3 deals a month for their business for the rest of their business career. That opportunity cost can be in the millions. A big price to pay to try and save $10k-$20k on one deal. Backing out due the inspection of the property is required to use the inspection contingency. Essentially, there has to be something wrong with the property that you didn't see the first time around, or didn't anticipate for. We generally do not get an actual home inspector out there. Anyone can provide an inspection, including yourself. We always give specific reasons due to the inspection since that is why we're backing out. Cheer & Happy Wholesaling!

@@RealEstateSkills thanks for the solid response

Anytime!

Hey! Super glad you enjoyed this one on wholesaling! Here's the resource that goes along with the video in case you haven't been able to download it yet: “How To Wholesale In 15 Hours Per Week” Resource: www.realestateskills.com/time?el=htwre15h Definitely hit SUBSCRIBE if you want to be notified when our next video like this comes out. Much more to come! Cheers & Happy Wholesaling! 🏠

You Ask for a referral if they can and they still get a piece. Worst case if that's not allowed then you find a local investor friendly agent.

@@PolitikPolitik-fh2qc why would I want to bring on another agent? Is that just for people that don't know how to handle the paperwork?as I can easily fill out contracts

@REIwAlexY well a referral still cuts in the original listing agent. As for if you have full confidence in doing real estate contracts addendum and meeting contigency then there is no reason. I gave advice assuming a beginning watching this. If you aren't a beginner then there's no reason after the referral.

@@PolitikPolitik-fh2qc gotcha! Appreciate the insight man. I've closed a few on market deals and 1 off but need to work on making consistent process rather than shot here and there

Great responses in here already! Still ask the agent to represent you. Sometimes they come up with the solution themselves, such as having a friend represent you as your buyer's agent from another brokerage, someone within their own brokerage, or possible even have their broker represent you! If they don't come up with the solution themselves, then ask them if they have a friend or referral that would like to represent you. Typically, the listing says how much they are offering to Buyer's Agents, such as 2-3%, on the MLS Listing Sheet. I don't even get into talking about percentages. There's no point to talk about percentages with the agent at this time in the conversation. As of right now, the Seller pays commissions so no need to talk about percentages. We just offer the opportunity to represent us to invoke reciprocity and to ensure a smooth conversation. Keep crushing it! Wishing you nothing but the best! P.S. We'll keep covering videos on these topics, so be sure to Subscribe because we'll go in-depth on this in the future!

Hey there! Your comment means a lot! I appreciate you taking the time and working on the skills needed to get to the next level. Wishing you nothing, but the best! P.S. Definitely Subscribe to our channel if you haven't yet :) We'll be coming out with more content just like this very soon ;)

Thanks for the love, amigo! Stephanie's a real estate rockstar! Glad you enjoyed it, cheers!

You got it! Glad the vid was helpful! Please hit SUBSCRIBE when you get the chance! We'll be coming out with more content on wholesaling very soon ;) Also, here's a link to our free training that goes into all the concepts talked about in this video: realestateskills.com/training?el=fwtyfwd Cheers & Happy Wholesaling! 🏠

You can verify the condition of the property through photos, having an agent go to the property and facetime you, having a Cash buyer go to the property, having a contractor go to the property, etc., - There are multiple ways. In this specific situation, I would put the burden of the inspection on my Cash Buyer since they'd be going to the property. Or, I would use a local/hungry real estate agent to go verify the condition. To your last question, my answer would be a question: why don't you just wholesaling in Virginia rather than wholesaling in Tennessee where you don't know anyone? You can make wholesaling much more difficult than it needs to be by wholesaling in a state you don't know anybody in.

Hey there! Super amped you're getting a ton from the video! Yes, you can still be taken seriously if you take yourself seriously. Age is just a number. Don't let it hold you back. If you haven't seen it yet, here's our video on How To Talk To Cash Buyers: kzfaq.info/get/bejne/r7Z0dbGgsM2thaM.htmlsi=TgSzV7aKVPKJJCge Give that a watch and download the free cash buyer script that's in the video. This should absolutely help with instilling confidence. Additionally, go to our channel page here: kzfaq.info ^Check out all of our videos on Cash Buyers. My business partner, Ryan, has several videos we released recently showing live conversations with Cash Buyers. This way, you can start to get a feel for the how conversations will go! Cheers & Happy Wholesaling! 🏠

Woo! Appreciate the comment! We'll be coming out with more wholesaling content just like this! If you want to be notified when it comes out, then you can subscribe to the channel here: kzfaq.info Cheers & Happy Wholesaling! 🏠

Gracias hermano! 🚀😎

Thank you very much, amigo! Cheers & Happy Flipping!

Hey there! We 100% recommend doing it manually. We've never, ever seen a software accurately calculate the ARV. What's important to understand is that appraisers calculate what a home is worth. So, we analyze for the After Repair Value (ARV) just as an appraiser does. This real estate skill is vital to develop in order to become the best in the game and successful. Here's our article on how to find real estate comps. This should help you on your journey: www.realestateskills.com/blog/real-estate-comps Hope this helps! P.S. We'll probably make a few videos on calculating the ARV and finding real estate comps in the near future (next 30 days or so). If you want to be notified when they come out, then you can subscribe here: kzfaq.info Cheers & Happy Wholesaling! 🏠👍

Hey there - we're all good. Thanks for reaching out, though! Good luck in your endeavors, amigo!

Woowoo! Appreciate the love! Means a lot! Keep crushing it!

Awesome! So excited for you! Time to put everything into action soon!!

Consistency. Constant improvement, refining, & learning. Go at your own pace, learn the foundational skills, and get your reps in. It's like anything in life. We will stink at something new in the beginning, but as we get more experience we get better! I encourage you to start submitting an offer a week. From there, go to an offer a day. Finding deals, analyzing deals, and submitting quality written offers are all skillsets that you need to develop to be a real estate investor & wholesaler. No way around it. You got this!

Hey there! Appreciate the comment. We only work with those who are local as we're big on teamwork, in-person communication, and camaraderie. Good luck in your editing & graphic endeavors! Cheers!

The Cash Buyer pays you the difference! The cash buyer is typically a fix & flipper in the area purchasing multiple deals a month! Check out our KZfaq channel “Real Estate Skills” here for videos on How To Find & Talk to Cash Buyers: youtube.com/@realestateskills

10 written offers where the listing agent is representing you, where the property is going all cash (this means it’s going to an investor), and where we’ve already had Discovery Calls with the agents. Sorry you feel that way. I suggest adjusting your approach to increase your acceptance rate if 1 in 10-15 high quality written offers sent after thorough analysis and phone conversations seems off to you. This is what we’ve seen to be as realistic numbers after honing our approach for over 12 years now. Keep in mind these are not verbal offers. This is not a “bulk” offer strategy. Anyone can make a massive amount of weak offers and “feel” as if they’re doing a lot of work, but getting no results. These are high-quality written and strategic offers where all the seller needs to do is sign the contract in order to get the deal under contract. Cheers & Happy Wholesaling!

Hey Zach, when we say "offer" we are referring to actual written contracts with agents on properties we've already spoken to the agent and analyzed the property. It's about submitting high-quality & strategic offers that have a good chance of going through since we have already spoken with the agent. I'd like to ask, out of the 200 offers you sent, how many of those were written contracts & did you speak to the listing agent to learn more about the deal and the seller's motivation on every one of those offers before submitting them? If you legitimately sent 200 written offers without getting a deal under contract & without wholesaling one then there's a lot of room for improvement. Looking forward to hearing your response!

@@RealEstateSkills I have a phone conversation with every agent before I submit an offer. I always send an email with a verbal offer and a POF for the agent to run by the seller first before I have the agent write up the offer to see if we are close on price. I've got one closing for 22.5K next week but that was a pocket listing so it wasn't on the MLS. Usually the agents come back and say that the offer is too low for the seller. I usually don't get the offer into the contract phase, I send an LOI with a POF. Also, I was always taught that I don't need to estimate repairs as every cash buyer and every contractor has a different repair cost, that all I needed to know is what flippers are currently paying for a similar property and to get it for less than what they buy for, and sell them another. Maybe my process is flawed, but that's how I learned to do MLS deals

We'll be releasing a new video specifically for wholesaling in South Carolina in the next week so be sure to Subscribe to be notified! Don't want to miss that one ;) We have multiple ways to wholesale in all states such as: joint ventures, partnering up with real estate agents, consulting agreements, etc., Here's our guide book which has "How-To" guides for wholesaling in each state: realestateskills.com/howtowholesale?el=10beststates Cheers & Happy Wholesaling!

Also, how do I handle the EMD if I don't have my own funds to back it?

​@ethanmagdaleno4309 emd is usually due within 48 to 72 hours so you just want to have cash buyers lined up and close the deal on day one or two

Hey Ethan! You're not required to use the funds from the source of the proof of funds to close the deal. So, yes, it is fine to use the Private Money Lender's proof of funds & then have the Cash Buyer use their own funds for the deal! Makes complete sense to me. Thanks for the clear questions. Hope this helps! Happy Wholesaling!

Hey Ethan - Regarding the EMD deposit, it's typically due within 72hrs. First, make sure that it is refundable and make sure to thoroughly understand the contract to understand how to get it back in the case you need to cancel. Also, make sure to have an inspection contingency or any other contingencies you see fit so they can be your back out clauses. If you don't have your own funds then wholesale the deal to your Cash Buyer before the EMD is due and have them put in the deposit. This is our goal every single time we put a property under contract. If you need more time and can't have the cash buyer put in the deposit, then get resourceful and borrow the funds for the EMD. Whoever you borrow the funds from, pay them interest on lending you the funds if the deal closes. For example, if they lend you $5,000 for the EMD. Pay them 10% interest = $500. Make sense?

@@RealEstateSkills Yes, thank you for clearing that up! Keep up the great videos with FREE information! You’re helping low income people like me to learn valuable skills in order to become confident in getting started in real estate!

Hey there! Exactly what we mean is: having the listing agent write up the actual state association of realtors contract with your offer terms in it and you have signed it. A "sent offer" for us is the completely filled out contract with great terms and at a price that works as a profitable wholesale for us, and a profitable fix & flip for our cash buyers. A "sent offer" is NOT a letter, text message, verbal offer, or email. It's an actual signed contract by you where all the seller now needs to do is to sign the contract for the property to be under contract. Hope this provides clarity! If you want an example of contracts we like to use for certain wholesale deals, then take a look here: www.realestateskills.com/contracts?el=m1i3dwre Cheers & Happy Wholesaling! P.S. Please hit SUBSCRIBE if you enjoy the content! We'll be coming out with more great wholesale real estate content very soon!