How To Start Wholesaling Real Estate For Beginners (IN 14 DAYS OR LESS)!

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 97

  • @RealEstateSkills
    @RealEstateSkills  3 місяці тому +3

    💸 Entrepreneurs & Professionals looking to get started and work closer with Alex’s team, APPLY HERE:
    ➡ www.realestateskills.com/apply?el=htswrefb
    ✍ Apply To Our PRO WHOLESALER VIP Program To Get Started, Today!:
    ➡ realestateskills.com/pro-wholesaler?el=htswrefb
    🥇Apply To Our ULTIMATE INVESTOR Program & Learn How To Start Wholesaling & House Flipping:
    ➡ realestateskills.com/ultimate-investo?el=htswrefb

  • @MobileHomeGeekTexas
    @MobileHomeGeekTexas 3 місяці тому +17

    This is gold. This video should be taught in College courses

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +2

      @MobileHomeGeekTexas We're glad you liked the content! If you want to learn more about wholesaling real estate, make sure you sign up for our free workshop August 6th!
      Here is a link to the workshop: realestateskills.com/workshop?el=htswrefb
      We look forward to seeing you there!

    • @jasperatighe5967
      @jasperatighe5967 3 місяці тому

      I missed the workshop 😮

    • @andrewbrunner8189
      @andrewbrunner8189 3 місяці тому +1

      This should start to taught in middle school.

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +2

      Hey Jasper - you should be able to check out the replay until August 18th! Here's the link: www.realestateskills.com/workshop
      Cheers!

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +3

      @andrewbrunner8189 - ha we agree! I wish I learned this in middle school!

  • @jtsur13
    @jtsur13 3 місяці тому +8

    Great video! I think you should do a series with Tim on him going step by step and closing on a deal.

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +5

      @jtsur13 Thank you! We will definitely add that to our video ideas! Make sure to sub so you don't miss out!

    • @edgaragueda8040
      @edgaragueda8040 3 місяці тому +1

      @@jtsur13 true !

    • @horrorsharlot
      @horrorsharlot Місяць тому

      @@RealEstateSkillssubbed!!!

  • @ryanzomorodi
    @ryanzomorodi 3 місяці тому +5

    Love this! Way to drop so much value on how and why to get started wholesaling real estate as a beginner, which can lead to investing in the very industry you work in 💯

  • @Hestia134
    @Hestia134 3 місяці тому +7

    Valuable information guys! Much appreciated 🙏🏽

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +4

      Thank you!! Glad it was helpful! Please let us know of any real estate topics you want us to cover next...
      Cheers!

    • @xxgamerxxchrischris2325
      @xxgamerxxchrischris2325 3 місяці тому

      ​@@RealEstateSkills Hey can we talk one on one my guy I need help with starting my career in real estate wholesaling

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      @xxgamerxxchrischris2325 Hey there! The best thing you can do is book a call to speak directly with my team. Here is a link to book your call: www.realestateskills.com/apply?el=htswrefb
      We look forward to hearing from you soon!

  • @esfere
    @esfere 3 місяці тому +4

    Going to wholesale my first deal soon!

  • @cathleentenorio3333
    @cathleentenorio3333 3 місяці тому +1

    Thank you for all this info and the free downloads!! Shared this video along with advise to subscribe . ❤‍🔥❤‍🔥❤‍🔥❤‍🔥

    • @RealEstateSkills
      @RealEstateSkills  2 місяці тому +1

      You're the best! Thank you for sharing, Cathleen! Woowoo!

  • @___Truth___
    @___Truth___ 19 днів тому +1

    I’m so lucky this individual is from San Diego😂😂😂 Made it far more immersive for me🎉🎉

    • @RealEstateSkills
      @RealEstateSkills  18 днів тому

      Hi there!
      Haha, love to hear it! San Diego is an incredible place for real estate investing, and being immersed in the local market gives you an advantage. Knowing the specific neighborhoods, trends, and even those small nuances about San Diego’s real estate scene can set you up for success. Whether you’re looking to wholesale, flip, or build your rental portfolio, you’re in a great spot.
      If you ever have questions about real estate here in SD or beyond, don’t hesitate to ask! Cheers to local investing!

  • @edgaragueda8040
    @edgaragueda8040 3 місяці тому +1

    I’m starting in this world, and you give people the confidence to do it
    Thanks for the knowledge

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +2

      Hey Edgar! Glad you enjoyed the video. Glad you're getting the confidence to take action!
      If you want additional training, then you check out our wholesaling & flipping training here (we'll dive deeper into case studies & how to wholesale properties from the MLS): www.realestateskills.com/training?el=htswrefb
      Cheers & Happy Wholesaling!

  • @AnthonyTaylorJr210
    @AnthonyTaylorJr210 3 місяці тому +1

    Great video!
    Quick question
    Now that the calculator is available is there a video on how to use it?

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +2

      Hey Anthony,
      Appreciate it!
      We don't have a UA-cam video covering the deal calculator yet.
      We'll add it to the queue so be sure to subscribe to be notified when it comes out!
      Crush it! 🏠🏠

  • @sethherzog5194
    @sethherzog5194 2 дні тому

    Awesome video! I’m just curious how you find MLS listing and are still able to make a profit with a property already listed around market value? Also would the investors not have found it if it was on the MLS?

    • @RealEstateSkills
      @RealEstateSkills  День тому

      Hi Seth!
      You can still profit from MLS listings by targeting properties that need repairs, have poor photos, or have been sitting on the market. Many investors overlook these. Also, working directly with agents can give you early access and help negotiate better prices, especially if the seller is motivated. Finally, cash offers are attractive since they close quickly, even if they’re lower than asking price.
      Hope this helps!💙

  • @cristianrayas2586
    @cristianrayas2586 3 місяці тому +1

    Thank you so much for this! This was great! Love this information!

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      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! 🏠

  • @cherylw.8814
    @cherylw.8814 3 місяці тому +1

    Awesome video! Extremely informative, very useful to any beginner! Loved it! 😊

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      Hey Cheryl! Glad you enjoyed it & found it useful for getting started wholesaling real estate! Here's a link to our additional free training if you want to dive deeper into these concepts on wholesaling real estate (perfect for any beginner who's watched the video above already): www.realestateskills.com/training?el=htswrefb
      You got this!
      P.S. Please SUBSCRIBE if you found value! We'll be coming out with more content soon on wholesale real estate, fixing & flipping, and buying rental properties! Cheers!

  • @shadhickman9192
    @shadhickman9192 3 місяці тому +2

    Another great video from Alex Martinez and Real Estate Skills!

    • @shadhickman9192
      @shadhickman9192 3 місяці тому +1

      Hey guys where is the Deal Calculator Alex did say we could download??Can ya atleast email it to those who comment on the video or who ask about it the calculator please?

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +2

      @shadhickman9192 We're glad you enjoyed the video! The Deal Calculator we mentioned is in the video description and I'll give you a link here. 🙂
      Here is a link to the deal calculator: www.realestateskills.com/calculator/?el=htswrefb
      Cheers!

  • @AnthonyTaylorJr210
    @AnthonyTaylorJr210 3 місяці тому +2

    Great video! Thank you for sharing.

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      @AnthonyTaylorJr210 We're glad you enjoyed the video! Make sure to sub so you don't miss videos like this in the future! 🙂

  • @grnbm0
    @grnbm0 21 день тому

    Hey Alex! Im wondering if i send the p&s agreement along with the assignment contract to the title company? I may have missed this part in your video but I didn’t hear who the purchase and sale agreement goes to. Love this video, super helpful thank you!

    • @RealEstateSkills
      @RealEstateSkills  18 днів тому

      Hi there!
      Hey there! Glad the video helped! Yes, once you have the signed Purchase and Sale Agreement (P&S) and the Assignment Contract with your end buyer, both should be sent to the title company. They’ll use these to understand the transaction terms and calculate fees, ensuring a smooth closing.
      Thanks for asking, and happy wholesaling!

  • @LubaSantelo
    @LubaSantelo 3 місяці тому +1

    Excellent presentation am almost heading to there soon

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      BOOM! Appreciate the kind words! Glad you enjoyed this format to talk about wholesaling real estate. Be sure to hit SUBSCRIBE to know when our next videos are coming out! You got this!
      Cheers & Happy Wholesaling! 🏠👍

  • @robbiereeb5724
    @robbiereeb5724 Місяць тому

    This is so much free information!

  • @omidsrccarandreviews6200
    @omidsrccarandreviews6200 3 місяці тому +1

    This is an awesome video, I've gained so much confidence and the correct knowledge to get things rolling. I am 17, can I still talk to the buyers and will these people take me seriously? just curious, Thanks Alex for this video, you rout here changing lives and I want to do nothing more than to do the same.

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      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: ua-cam.com/video/yPDBNoKgIUo/v-deo.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: ua-cam.com/users/realestateskills
      ^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! 🏠

  • @nezancorralle2390
    @nezancorralle2390 Місяць тому

    Thank you so much for this video

    • @RealEstateSkills
      @RealEstateSkills  Місяць тому

      Hi Nezan!
      You're welcome! Glad you enjoyed the video! If you have any questions about real estate investing, wholesaling, or flipping houses, feel free to ask. Always happy to help! 😊
      Cheers!💙

  • @antonioacevedo5305
    @antonioacevedo5305 3 місяці тому +1

    This was great ! My only question is, when you use the websites for the hard money lenders to get the letter of proof of funds and you send that to the agents, you don’t actually have to use the money from the hard money lender because your cash buyer has the money correct ? then what do you do with the letter you got from the hard lender, just forget about it i guess ?

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      Hey Antonio,
      Appreciate the comment & glad you enjoyed the vid!
      Correct, you don't have to use the money from the hard money lender because your cash buyer will be using their preferred funding method.
      Correct, you don't need the proof of funds letter anymore after it has been assigned.
      Solid questions. Hope that provided clarity!
      Be sure to subscribe because we'll make more vids specifically around the Proof of Funds soon!
      Also, here's our in-depth article all about the Proof of Funds if you want to get a better understanding: www.realestateskills.com/blog/proof-of-funds-letter?el=htswrefb
      Cheers & Happy Wholesaling!

  • @Hestia134
    @Hestia134 3 місяці тому +2

    Is it okay to let your agents know your exit strategies upfront so whenever it’s time to assign they won’t be surprised about the other cash buyer being involved.

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +3

      @Hestia134 Yes it is definitely best to be transparent. Your cash buyer should be looked at as your financial partner and an extension of your exit strategies.
      As you do more deals you also might move into your own fix and flips or buy and holds. So don't limit yourself!

  • @jerryibarra7571
    @jerryibarra7571 3 місяці тому +1

    loved the video i wanted to ask where can i find a mentor? i've been looking and found none

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      Hey Jerry! Glad you loved the video!
      Here's my article I wrote all about finding real estate mentors for wholesaling: www.realestateskills.com/blog/wholesale-mentor
      This should be a great step in the right direction for you!

  • @ethanmagdaleno4309
    @ethanmagdaleno4309 3 місяці тому +1

    Hey Alex and team! One question I had was this: If you use proof of funds from a private money lender, are you required to use their money for the deal? Or can you use their proof of funds and then the cash buyer uses their own funds for the deal? Does that make sense or do I need to clarify? Haha

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +2

      Hey Ethan, nope you are not required to use the private money lenders proof of funds. Your cash buyer can use their own funds for the deal.
      Cheers & Happy Wholesaling!

  • @lydmarie444
    @lydmarie444 3 місяці тому +2

    Thank you!

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      @lydmarie444 You're very welcome! Make sure to sub so you don't miss future videos like this.

  • @jayoung8639
    @jayoung8639 3 місяці тому +5

    I have a full time job in my city's Water Utility department. I make 32k/year with a family of 4 and 2 animals, a dog and cat. So Im sure alot of people can understand what Im going through. Im tired of being worried if I can pay rent or my $300 light bill especially since it's summer and I live in Texas. I've tried wholesaling 2 previous times one being the beginning of this year and the other when my 3 year old toddler was born. Im ready to make a change in my life. I want to quit my job as soon as I make 50k from Wholesaling but Im not set on that for sure yet. Im just ready to be financially free

    • @jasperatighe5967
      @jasperatighe5967 3 місяці тому +4

      Hang in there. Keep on. You'll surely get there 🙏🏾💪🏾

    • @jayoung8639
      @jayoung8639 3 місяці тому +1

      @@jasperatighe5967 thank you Jasper I appreciate it. I wish you longevity and prosperity

    • @Sharmichelle3
      @Sharmichelle3 3 місяці тому +3

      Start wholesaling again on the weekends and connect with other wholesalers.

    • @jayoung8639
      @jayoung8639 3 місяці тому +2

      @@Sharmichelle3 thanks for the advice .

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +4

      Hey! You got this, man! I commend you for supporting your family. Nothing more respectable than that!
      It's all about getting consistency with wholesaling first while still having your main income source which is your job.
      As a follow up video to this one, we just released this video which is all about how to carve out 15 hours a week in your busy schedule in order to get started while having a full time job: ua-cam.com/video/0ixkSl-wW6o/v-deo.htmlsi=R77WAuatlvGWDMZk
      I hope this new video resonates with you and gives you a few ideas on how you can get the time to make this happen. In the video, I also cover what you need to be doing in those new 15hrs you carved out in order to have the highest likelihood of success wholesaling!
      Keep going. You got this! Don't let anything hold you back!

  • @JaybDaDon
    @JaybDaDon 3 місяці тому +1

    Hey looking at a property here for 50k because it's so low offering it to the cash buyers at 70k would be smart to do or is it not worth the trouble?

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      @JaybDaDon Hey there! The answer is that depends. What is your cash buyer's buying criteria? What does the local market look like? There are many factors we don't know to give a proper response.
      It's awesome you're taking action and getting involved with real estate investing! You can book a call with our team and get your questions answered.
      Here is a link to book your call: www.realestateskills.com/apply?el=htswrefb
      Make sure to have your questions ready and we look forward to hearing from you soon!

  • @Hossanamba
    @Hossanamba 3 місяці тому

    How do I inspect houses when virtual wholesaling?
    If I'm living in Virginia and the house I'm wholesaling is located in Tennessee, how do I verify that the seller is telling the truth about the condition of the property when we're under contract? Should I just take the seller's word for it, or should I send someone out to inspect it, like a real estate agent? If an inspection is necessary, how do I find someone to help inspect the property when I don't know anyone living in Tennessee?

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      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.

  • @mlp7010
    @mlp7010 2 місяці тому +1

    1:04:40

  • @Darrell_lewis_massage_realtor
    @Darrell_lewis_massage_realtor Місяць тому

    Start the timer

  • @DEG1985
    @DEG1985 3 місяці тому +1

    Saludos hermanos hispanos hacia adelante!👏👏👏

  • @playamade6178
    @playamade6178 3 місяці тому +1

    Awesomeness

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      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: ua-cam.com/users/realestateskills
      Cheers & Happy Wholesaling! 🏠

  • @ahkielisrael1567
    @ahkielisrael1567 3 місяці тому +1

    Great tutorage😊...

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      Hey! Thanks a ton. Glad you think so. The goal was to help out Tim as a beginner wholesaler, and if you got a lot out of this, then we're amped! Here's a link to our additional free training if you want to dive deeper into these concepts on wholesaling: www.realestateskills.com/training?el=htswrefb
      Cheers & Happy Wholesaling!
      P.S. Please SUBSCRIBE if you found value! We'll be coming out with more content soon on wholesale real estate, fixing & flipping, and buying rental properties! Cheers!

  • @devaughnwright190
    @devaughnwright190 3 місяці тому +1

    I live in Illinois. It says that I can wholesale 1 deal a year without the license. What can I do to work around it?

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      There are multiple ways...
      You can form JV partnerships with Cash Buyers prior to finding any deals and submit offers in their name. When done correctly, you won't be wholesaling technically anymore.
      You can double close.
      You can do LLC assignments.
      You can virtually wholesale in other states.
      Also, you could just get a real estate license, too. That wouldn't hurt!
      Cheers & Happy Wholesaling! 🏠👍

    • @h3cz_
      @h3cz_ Місяць тому

      Get a real estate license. It's worth it. You get access to the MLS which is king to allocating deals. I got mine to wholesale full-time & agents are more open to working with you when they know you're licensed. Or wholesale one deal a year & leave money on the table. The choice is yours.

  • @emmanuelledjamba7998
    @emmanuelledjamba7998 3 місяці тому +1

    I would love to contact the landlord of a distressed flat across my house, to enquire if he wants to sell, but I'm really struggling alot to find the details to contact, I'm based in Cape town South Africa.please help as this flat is in need of serious upkeep painting etc

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      Use a skip tracing service like propstream. Here's a link to a free trial: trial.propstreampro.com/realestateskills/ (this works in the USA). You'll need to find a skip tracing service that works in South Africa.
      From there, you can get the contact info of the owner and contact them directly.
      You can also knock on their door and talk to the owner/tenant. If there is a tenant there, you can see if they'd be open to sharing the owner's contact info.
      Cheers & Happy Wholesaling!

  • @robbiereeb5724
    @robbiereeb5724 Місяць тому

    I reallllly want to start this. I’m a college student and it would be nice to have some money. I understand the content mostly, but I’m worried I’ll sound like an idiot and not know what to do.
    I’m confused about the whole contract process.

    • @RealEstateSkills
      @RealEstateSkills  Місяць тому

      Hi Robbie!
      Don’t worry-here’s a quick overview of the contract process:
      Get a Property Under Contract: Use a Purchase Agreement with the seller.
      Assign the Contract: Sell your contract to a cash buyer with an Assignment of Contract.
      Submit to Title Company: They’ll handle closing.
      You’ve got this! For more, check out: www.realestateskills.com/blog/assignment-of-contract
      Hope this helps!💙

  • @kylesprague8364
    @kylesprague8364 Місяць тому

    Encinitas real estate investor and entrepreneur here; looking to partner up?

    • @RealEstateSkills
      @RealEstateSkills  Місяць тому

      Hi Kyle!
      Thanks for reaching out. Encinitas is a fantastic market with lots of opportunities for real estate investing! We're always open to potential partnerships, especially with like-minded entrepreneurs. Whether you're into wholesaling, flipping, or building out rental portfolios, there's definitely room to collaborate.
      Feel free to shoot me a direct message with what types of deals you're working on or looking for, and we can explore how we might team up. Cheers!
      For more info on how we approach real estate investing, check out our blog: www.realestateskills.com/blog

  • @sebastianestala9913
    @sebastianestala9913 3 місяці тому +1

    👏👏

    • @RealEstateSkills
      @RealEstateSkills  3 місяці тому +1

      @sebastianestala9913 We're glad you enjoyed the video! Make sure to sub so you don't miss future vids like this. 🙂🚀

  • @crazyzooter
    @crazyzooter 5 днів тому

    He didn’t ask the right questions this video was perfect but need someone to ask better questions i have a lot of questions unanswered

    • @RealEstateSkills
      @RealEstateSkills  4 дні тому

      Hi there!
      Hey there, thanks for watching the video and for your feedback! 🙌
      I’m glad you found the content helpful but I understand it left you with some unanswered questions. We’ve got you covered! Please feel free to drop your specific questions here, and I’ll do my best to get you the answers you’re looking for.
      Also, if you want to dive deeper into wholesaling and get more detailed guidance, check out our Pro Wholesaler VIP Program-it’s packed with comprehensive training on everything from finding cash buyers to mastering negotiations.
      Let me know how I can help. Looking forward to your questions!
      Cheers! 🏡💬

    • @crazyzooter
      @crazyzooter 4 дні тому

      I found two properties where I think it’s great profit for both sides I already talked to owner but I don’t know what next steps to do

  • @grnbm0
    @grnbm0 21 день тому

    Hey Alex! Im wondering if i send the p&s agreement along with the assignment contract to the title company? I may have missed this part in your video but I didn’t hear who the purchase and sale agreement goes to. Love this video, super helpful thank you!

    • @RealEstateSkills
      @RealEstateSkills  20 днів тому

      Hi there!
      Thanks so much for the kind words-glad you’re enjoying the video!
      Yes, you’ll send both the Purchase and Sale Agreement (P&S) and the Assignment of Contract to the title or escrow company handling your closing. The P&S confirms the original deal terms with the seller, while the Assignment of Contract ensures the title company knows you've assigned the deal to your end buyer, who will now be responsible for completing the purchase.
      Getting these documents over to the title company early helps ensure a smooth closing process and allows them to start preparing title and coordinating with both parties.
      Hope this clears things up! and thanks again for watching!

    • @___Truth___
      @___Truth___ 19 днів тому

      @@RealEstateSkills The amount of rabbit holes I went through to find some amazing content like this is an absolute blessing.
      Thank you🙏🏽