Below you will find updated stories about my completed wholesale deals as well as the numbers behind them. I detail the great, good, bad, and ugly to give you a real, full spectrum of how this business goes. All addresses, closing statements, and assignment checks are verifiable.
7122 Normal Blvd. Chicago, IL 60621
Case Study 1
Englewood 6 Unit
Case Study 2
The Water Bill Building
6716 May St. Chicago, IL, 60621
14301 S State St. Riverdale, IL 60827
Case Study 3
Facebook Layup Deal
Frequently Asked Questions (FAQ)
a. Wholesaling is the act of canvassing for properties before they are listed on the MLS, and contacting the owners or deceased owner’s heirs in pursuit of getting the property under contract to sell to an end buyer, for a profit
a. The short answer is “no”. The line between what is “brokerage” and wholesaling” blurs more and more every day. Check with your local municipality and REIA’s on updated laws pertaining to the matter.
a. This is a very valid question. Besides money, the most important resource will be cooperative relationships that help you progress. You will look completely incompetent if you’re trying to do a deal and you don’t have these resources and relations at least initiated.
a. It becomes easier to sell deals once you have a consistent list of buyers who you have vetted and know to be bonafied investors. But above anything, the most important thing is to have a great deal. Calling investors and attempting to gather a grocery list from them of what they would like to purchase comes off as robotic and amateur. Every Youtube wholesaler in America recites the same speech when they call. Don’t be that wholesaler.
a. Absolutely not! In fact, most people who wholesale start that way because of a lack of credit or resources to be able to rehab homes themselves. Credit helps in being able to purchase goods needed to advertise for deals but is certainly not needed in order to make deals happen.
How to Become a Successful Wholesaler + E-Book
The Ultimate Guide to Starting Your Wholesaling Investing Business (Valued at $2049)
Discover how to make income using wholesaling as an investment strategy
What You’ll Learn:
- Wholesaling Houses Basics
- Prospecting Homes
- How to Market A Wholesale Deal
- How to Sell a Wholesale Deal
- Closing Residential Deals
- Investor Mindset
- Winning Strategies
Once you enroll, you have immediate, UNLIMITED access to the course content. You can watch as many times as you need.
This is an easy-to-use, step-by-step guide that covers all you need to know about buying, marketing, and selling your first wholesale deal.
In an easy-to-read PDF format: you can read it on your tablet, computer or even your smartphone.
Start learning today with an immediate download.
I Offer 60 Minute Coaching Calls
Need a 1 on 1 session to help grow your wholesaling business?
- How to qualify deals for wholesaling
- Driving for Dollars
- What sites to use
- How to talk to sellers
- How to deal with title companies/lawyes
- And much more!