Profit from Real Estate Investing with Zero Out of Pocket

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PROFIT FROM

REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Real Estate Investing Guide for Beginners


Table Of Contents Real Estate Investing Options

01

Little to No Capital Required

02

Wholesaling or Rehabbing?

04

Pro t from Wholesaling

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Tips for a Proper Wholesaling Transaction

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Learn How YOU Can Buy Houses With ZERO Money Out of Pocket and NO Credit Check! PROFIT FROM REAL ESTATE INVESTING AND MAKE THOUSANDS EVERY SINGLE MONTH.

Legal Disclaimer: This document is not intended as legal real estate investment advice. The reader of this document assumes all responsibility for the use of this information, which is here for educational purposes only. The author of this eBook assumes no responsibility or liability whatsoever on behalf of any reader of these materials. The amounts of money mentioned are NOT in any form a guarantee of income and your individual results will vary depending on your own efforts.


PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Real Estate Investing Options Without a doubt getting into real estate investing has proven to be a very pro table exercise because people that have entered into this line of business have made tons of money. However, there is more to real estate investing than simply making money because you should also derive pleasure from your pursuit of investing in real estate. There are all kinds of avenues available to those that are considering real estate as a likely method of investing in the future. And why on earth shouldn't you? This is one way that millionaires around the world will agree to build a massive fortune quickly. At the same time, real estate can be a very risky venture for business so you need to have a few more stable methods of bringing in money in order to have a truly diverse portfolio and a better security system for your nancial future. Even within the world of real estate investment, you will nd di erent manners of investing and each bears di erent risks. Commercial real estate is sometimes a good place to begin because it is relatively secure when compared to some of the other forms of real estate investing. The drawback with commercial real estate is that it requires a massive investment, to begin with. This is something that many real estate investors do not even consider until they have built a sizable portfolio and have plenty of money to risk. House ipping is becoming a popular form of real estate investing and many people have discovered that this is also a great way to make or spend money very quickly. This is a high-risk venture, to say the least, but the rewards are equally high when a ip goes well. You will have to decide for yourself if you are willing to take the gamble as house ips are part skill and part luck. Considering residential rental properties and becoming a landlord is perhaps not as glitzy as owning business properties throughout the city or ipping fabulous properties for instant pro ts but, it is a great way to work yourself into a rather comfortable retirement. This is a long-term type of real estate investment but the payo s can be rewarding when all is said and done. For the cautious real estate investor, this is a worthy type of real estate investment to pursue. Lease or rent-to-own purchases can often bring better pro ts. For many real estate owners, this is preferable to straight-up renting for many reasons. First of all, those who hope to own their homes are much more likely to take better care of their homes than those who are just renting. This means that even if for some reason they decide to move elsewhere and do not complete the purchase you are less likely to need extensive repairs before you can move along to the next client. You can charge a little more than rent applying a certain amount of the monthly rent to the purchase price or down payment of the home, and you can actually be helping a family that might have hit a trouble spot along the way to achieve the American dream of homeownership. Real estate investing is a great way to build great fortunes. and you must decide where you want to begin your journey into this lucrative eld. Remember that once you've begun your real estate investment career it is a good idea to utilize more than one type of investment for the sake of diversity and spreading the risks, as this is a volatile market.

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

The one type of real estate investing that lays the foundation for all other types of real estate investments is called wholesaling which is a way you can earn some quick cash, without having to spend any of your own money, use your own credit, or even buy a property at all.

Little to No Capital Required As far as wholesaling homes and real estate investing go, it requires nothing more than to get control of properties, which are then marketed and sold to the investors that have enough cash. It is also a lot better way of making money than say, rehabbing properties in which you would need to wait six to eight months before you realize any serious money. Essentially, wholesaling homes require that you locate lucrative looking deals and it also means having to market these homes mainly to those who are involved in rehabbing as well as retailing properties. The fact of the matter is that rst buyers are always on the lookout to make a small though quick pro t and will generally pass over the bigger pro ts to those who are indulging in real estate investing because they do not have the time, money, and patience to repair properties that they have bought. And they also don’t wish or cannot a ord to wait for months until the property can be sold after it has been properly rehabbed. In fact, it is quite common to earn as much as ten to fteen thousand dollars per month from wholesaling homes and all it takes is to work as little as twenty hours in the week and without having to work over the weekends. If you are thinking about real estate investing you should also consider wholesaling homes because it is a great business that does not require much capital and there is also little need to get credit and, best of all, it is quite simple to learn the ropes. All you would need is having an investor list or two and within a short span of time, you could be making good money.

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Thus, if you were considering real estate investing and more particularly wholesaling homes, you would want to buy the property and resell it as soon as possible and maybe make one or two quick deals each month. Such types of deals do not require that you have much money or credit and there are also no bosses to answer to. What it really involves is being able to locate a good deal and having someone to buy a property from you. Actually, nding bargain buyers is not very di cult and the entire wholesaling of homes can be completed in just three weeks from start to completion of the deal. However, remember that in this form of real estate investing you need to ensure that you do not pay more than is necessary for a property and also ensure that you allow for enough scope for making a pro t when selling to bargain hunters. Also, try to close the deal as soon as you can and for cash only and try to avoid buyers who want to buy through bank guarantees because that would mean delays in getting loans sanctioned and that is not good when wholesaling homes. The bottom line is that wholesaling homes is a simple form of real estate investing and it does not require any great learning to get into this form of business. With a little luck and plenty of perseverance and hard work, you can easily turn ten deals each month and thus make a tidy pro t as well.

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Wholesaling or Rehabbing? This topic has been one of heated debate for quite some time now. You have the “Die Hard” Wholesalers, your Rehabbers, and Landlords that all feel that their strategy is the best. Probably the best way to describe where everything ts in, it’s to think of a triangle. If you look at Real Estate like a triangle you’ll see that on one side we have rehabs, on another side we have Rental Property and on the last side of the triangle, we have wholesaling.

Wholesaling vs. Rehab Wholesaling is the bottom side of the triangle, the foundation that quickly injects large chunks of capital into your home buying business. This is the capital that you’ll be using to grow your business and purchase longterm wealth vehicles like Rental Properties later on. This is the best strategy for beginners and I wouldn’t recommend trying to do any of the other real estate investing strategies until you’ve had a few wholesale deals under your belt.

Wholesaling properties is by far the easiest and fastest way for a new real estate investor to go from $0 to $20,000 in 30 – 45 days. It won’t take you long to get to the point where you’re making $10,000 to $20,000 checks each and every month (or every week), only working a few hours a day. That’s probably one of the greatest bene ts that you’ll nd when wholesaling Real Estate. Who wants to worry about xing junk properties or unclogging toilets? This is a strategy that you can put on autopilot if you learn, follow and implement all the appropriate systems.

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

If done properly, you should only need to show up to Close The Deal and then pick up your check at the title company. Remember that time is your most valuable asset! Once you've created your real estate investors list, it won't be hard for you to move these deals in a short amount of time, normally within 10 to 15 days. Your buyers will be paying with All Cash and nancing is not an issue. Wholesaling is much easier than selling to an “End Buyer”. In a slower Real Estate Market, it may literally take two to three months for you to nd a quali ed end buyer who wants to buy the property. Remember that the keyword here is “QUALIFIED BUYER”. When you’re dealing with other investors you know that they either have cash or hard money, and nancing isn’t a big issue. On a transaction with an end buyer, you’re going to get interested people with various nancing issues and you’re the one that has to worry about getting the deal closed. Once you nd a buyer, you've got to get their loan approved, then have to get the loan taken care of, get the appraisal, and all the other things that come with a regular retail buyer, and at the beginning, you want to make sure you can move and close your deals fast. That brings me to another reason why I recommend wholesaling real estate over rehabbing for beginners. When you buy, x and resell real estate, you’re committed to the property. Once you close on that baby it’s yours. The Good And The Bad! If some unforeseen problem arises (It always does), you’re going to be the one that carries the expense. If you’re rehabbing a property, you have to start by hiring a contractor or handyman, who will do all the repairs to the property, while you will have to market the property and go through the process with the end buyer. All of this may take a long time, and you are the one carrying the costs. Every day that this property remains in your possession, money is pouring out of your wallet.

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

In a wholesale deal, all that you are really doing is getting control of the property. You would simply take the same property that you would normally buy and rehab, and get it under contract. Then, you’re taking that contract, marketing it, and selling it to other investors that want to take on the project. There are investors out there that prefer doing rehabs. These are investors who have the cash to pay and who don't mind waiting six months to do a rehab. There are also investors that want to do a deal, but are horrible at talking to sellers and would not be able to secure the pricing that you can. These Rehabbers have no problem paying you an “assignment fee” (the amount that you pocket when you sell your contract) because they understand that it is a cost of doing business for them. The Rehabber will generally net more than a wholesaler but look back at all of the risk and time associated with doing a rehab. The average, depending upon your location is between $25,000 to $40,000 and at times even more. But most wholesale deals are going to net you anywhere between $10,000 and $20,000. Usually about half of what the average Rehabber makes per deal. However, unlike the rehabber, as a wholesaler, you have more control over the amount of money you earn. The best part of wholesaling is that your pay is directly proportionate to your ability to put deals together and not how much time or physical labor you have in a deal. As you get better at negotiating, you’ll be getting properties under contract for less and less, allowing you to sell the contract for more and more. I would personally rather do four wholesales and spend less time than to wait six to eight months for a single rehab to cash out. Even if you’re in a position to wait that long, is it really worth the risk? That’s the question that you need to ask your self when deciding which real estate investment strategy you want to take on. Exactly how much risk are you willing to accept?

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Pro t from Wholesaling Wholesaling in real estate is an entire business in itself and generates super-fast pro ts, usually without ever acquiring the title on the property. It’s not uncommon to pick up a check at closing, with the seller and buyer present at the same time. Many times I have earned thousands of dollars within two or three days of nding a deal. Successful people in the wholesale business are accomplished at locating good deals and marketing them, primarily to people who are in the rehabbing and retailing business.

The rst purchaser is willing to take a smaller, fast pro t and leave the larger pro t to an investor with the time and money to buy, repair, and sit on the house until it’s sold. Some people are making a good income by buying and then reselling immediately only once or twice a month. These deals require no money, no credit, and no bosses. Believe me, if you locate a deal, someone is waiting to buy it from you.

Finding bargains for bargain hunters is the easiest and quickest way I know to pick up a check for at least $5000.

Real Estate Investing Guide for Beginners

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Tips for a Proper Wholesaling Transaction The wholesaling process shouldn’t take more than 15 to 20 days from the beginning to the end. These are some important tips to follow for a proper wholesaling transaction: 1. Don’t pay too much. Remember, you’re selling to bargain hunters. Leave them plenty of room to make a pro t or you won’t nd a buyer. That means they should net at least 20 percent of the sales price after all expenses. 2. Your only exit is to sell for all cash quickly. Make sure your buyers can get the cash and aren’t relying on bank nancing. Don’t allow buyers to learn banks won’t nance junkers at your expense. If a buyer can’t close in 15 days or less, nd another buyer. 3. Use an assignment of contract and let your closing agent collect your fee. There’s really not that much to learn about wholesaling. It’s an easy real estate business. Many people are doing one to ten deals a month and netting a decent earning. Some make more on one wholesale deal than most people make in a year on their job.

Real Estate Investing Guide for Beginners

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READY TO LEARN HOW TO BUY HOUSES WITH ZERO MONEY OUT OF POCKET? Pro t from Real Estate Investing and Make Thousands Every Single Month!


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