How To Wholesale Real Estate Step by Step (IN 21 DAYS OR LESS)!

Here's EXACTLY How To Wholesale Real Estate Step by Step in 21 days or less with no money, without any marketing, without needing a real estate license, & without needing experience. I hope this makes it simple for a beginner to wholesale real estate!

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In this video, Alex Martinez shares “What Is Wholesaling?”, “The Wholesaling Process at a High Level,” and the "12 Steps on How To Wholesale Real Estate In 21 Days or Less".

We put in a lot of time & effort into this training to make sure you’re able to immediately take action wholesaling houses today - whether you’re advanced or even a beginner.

If you’ve been wondering how to wholesale real estate, then this is the perfect lesson for you to watch, study, & implement!

💡Want To Consistently Close Deals Without Spending $1 On Marketing? Watch Our Brand-New FREE Training:
➡️ https://www.realestateskills.com/watch?el=pod

📈 You can download the Assignment Agreement here:
➡️ https://www.realestateskills.com/contracts-yto?el=pod
(use this to assign contracts that are assignable by their nature)

📺 “How To Find Cash Buyers Online For Free” YouTube Video:
➡️ https://youtu.be/YzWGQJPKv6c
(this is the YouTube video referenced on how to find 3-5 Cash Buyers in your area quickly & efficiently)

Step 1: PICK YOUR MARKET. You can do this step right NOW. Decide if you're wholesaling locally or virtual wholesaling.

Step 2: FIND 3-5 CASH BUYERS. The reality is it’s much simpler to find Cash Buyers first before you get a wholesale real estate deal under contract rather than after.

Step 3: FINDING & FILTERING FOR WHOLESALE DEALS. Our clients & students use the MLS (Multiple Listing Service) to wholesale houses with agents. Other great options: Redfin, Zillow, & Realtor websites.

Step 4: MAKE DISCOVERY CALLS DAILY TO REAL ESTATE AGENTS. When it comes to wholesaling MLS properties you must contact the agent involved with the deal. Agents are phenomenal sources of on market & off market deals! Remember this is “Hot Calling” not “Cold Calling” because agents want to close each house as much as you do. This is how agents get paid!

Step 5: FURTHER ANALYZE THE PROPERTY. I cover how to calculate the ARV, Repair Costs, your Wholesale Fee, & the Offer Price. As a real estate wholesaler, you must be great with your numbers! I also cover the MAO formula step-by-step.

Step 6: CALL BACK THE AGENT (CLOSE CALL). Give the agent a no-nonsense, genuine offer you can stick to. Most wholesalers think they have to always give a price on the first call, which isn’t the case. Little things like this separate the amateurs from the Pro Wholesalers.

Step 7: SEND THE OFFER TERMS. Short, sweet, & to the point is the goal. Be sure to include the purchase price, closing time frame, inspection contingency, & EMD (earnest money deposit) amount.

Step 8: GET THE CONTRACT, CHECK IT, SIGN IT, & SEND BACK TO AGENT. This is the most important KPI (Key Performance Indicator). Remember 1 in 15 Offers Sent will allow you to wholesale a house & make large wholesale fees!

Step 9: FOLLOW UP WITH THE AGENT TO GET THE EXECUTED CONTRACT. The house is not under contract until the Seller signs the contract after you’ve signed it. Lock it up!

Step 10: EMAIL & CALL YOUR TOP CASH BUYERS. This is why you don’t want to skip Step 2! Since we already found & spoke to our Cash Buyers we now have high certainty they want this deal since it fits their exact buying criteria!

Step 11: AGREE UPON PRICE WITH YOUR CASH BUYER & ASSIGN THE CONTRACT. Your top Cash Buyers may want to visit the property to double check everything. Agree upon price & complete the assignment of contract.

Step 12: CLOSE THE DEAL & GET PAID. Ding! Celebrate! Now it’s time to wholesale your next house! 

TIMESTAMPS:
0:00 - Intro
0:36 - What Is Wholesaling Real Estate?
1:15 - 2 Ways To Close Wholesale Real Estate Deals
2:39 - The Wholesaling Process at a High Level

The 12 Steps On How To Wholesale Real Estate Step by Step In 21 Days or Less:
4:29 - Step 1
6:18 - Step 2
7:24 - Step 3
13:27 - Step 4
18:14 - Step 5
29:00 - Step 6
36:52 - Step 7
39:46 - Step 8
42:50 - Step 9
44:50 - Step 10
49:21 - Step 11
52:18 - Step 12

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📝 Disclaimer:
This video is not personalized financial or legal advice for the viewer.