Your success is our top priority. With coaching, you'll receive tailored strategies and guidance that suit your unique goals and challenges. No one-size-fits-all solutions here!
Dive deep into the intricacies of real estate wholesaling with lessons and resources that go beyond the basics. Master every aspect, from deal sourcing to negotiation and closing.
This in not an easy business to be successful in and without the property mindset you won't succeed. That's why I've partnered with Henry G (Positive Mindset Podcast Host) to ensure you have proper mindset coaching as well.
Learn how to identify high-yield opportunities, negotiate the most favorable terms, and maximize your profits, while minimizing risks.
Your coach will be your personal cheerleader, motivating you to take action and holding you accountable for your goals.
Our Real Estate Wholesaling Coaching Program is specifically designed for individuals who are ready to take their real estate wholesaling journey to the next level.
No matter where you are in your real estate wholesaling journey, our coaching will provide you with the personalized guidance, support, and expertise you need to succeed. Join us today and embark on a journey that will transform your passion into profit and your dreams into reality.
Are These Areas You Need Help In?
Finding Buyers
Having a solid buyer network is crucial in wholesaling real estate because it enables you to quickly and efficiently sell the properties you have under contract. With a strong network, you can connect with experienced investors who are actively seeking deals, increasing your chances of finding buyers for your wholesale properties. This network also allows you to gauge market demand, negotiate better deals, and build long-term relationships within the real estate industry.
Lead Generation
Lead generation is essential in wholesaling real estate as it forms the foundation of finding potential properties to wholesale. It enables you to identify motivated sellers who are willing to sell their properties below market value, providing lucrative opportunities for wholesaling. Effective lead generation strategies such as direct mail campaigns, online marketing, and networking can help you consistently find new leads and maintain a steady flow of potential deals.
How To Run Numbers
Running your numbers accurately in wholesaling real estate is crucial for making informed decisions and maximizing profits. It allows you to determine the potential profit margin by calculating the purchase price, estimated repair costs, and your desired assignment fee. Properly evaluating these numbers ensures that you are acquiring properties at a favorable price and enables you to negotiate effectively with sellers and buyers, ultimately increasing your chances of successful wholesale transactions.
Seller Financing
Understanding and utilizing seller financing in wholesaling real estate offers several benefits. Firstly, it expands your potential pool of buyers as it allows you to offer flexible financing terms to investors who may not qualify for traditional bank loans. Secondly, it can facilitate faster transactions and attract more buyers by offering favorable terms such as lower down payments or longer repayment periods. Finally, it provides an additional avenue for negotiation with sellers, potentially allowing you to secure properties at better prices or terms.
Making Offers
Knowing how to make offers and negotiate effectively in wholesaling real estate can significantly benefit your business. It enables you to secure properties at lower prices, increasing your potential profit margins. Skillful negotiation can also help you navigate complex deals, handle objections, and build rapport with both sellers and buyers, fostering long-term relationships in the industry. Lastly, being adept at making offers and negotiating gives you a competitive edge, allowing you to stand out in a crowded market and seize lucrative opportunities.
Running Comps
Running comparables accurately when wholesaling real estate offers valuable insights for making informed decisions. It allows you to determine the fair market value of a property by analyzing recent sales of similar properties in the area, ensuring you don't overpay. Properly assessing comparables helps you set appropriate wholesale prices, attract potential buyers, and increase the likelihood of successful transactions by aligning your pricing strategy with market trends.
Determining ARV
Determining the After Repair Value (ARV) accurately is crucial in wholesaling real estate. It helps wholesalers analyze deals, negotiate purchase prices, and identify profit potential. Accurate ARV assessment also builds credibility, enables efficient marketing, and minimizes risks associated with overpaying for properties.
Estimating Rehab
Estimating repairs accurately is vital in wholesaling real estate for several reasons. First, it helps wholesalers determine the overall investment needed to bring the property to its desired condition, allowing for accurate deal analysis and profit evaluation. Second, precise repair estimates enable wholesalers to negotiate purchase prices based on the property's current condition and potential after repairs. Finally, accurate repair assessments help wholesalers market the property effectively, attracting the right buyers and maximizing the chances of a successful wholesale transaction.
Title Companies
Working with a good title company in wholesaling real estate provides a smooth transaction process, title insurance protection, and expert guidance. They handle the necessary paperwork, ensure a clear title, and offer valuable insights into the local market and legal requirements. This partnership enhances credibility and minimizes risks, resulting in a more efficient and secure wholesale transaction.
EMD
EMD stands for Earnest Money Deposit, which is a sum of money that the buyer puts down as a sign of good faith when entering into a real estate transaction. In wholesaling real estate, EMD serves as a commitment from the buyer and demonstrates their seriousness about the deal. It's important because it provides assurance to the seller and increases the wholesaler's credibility, showing that they have a serious buyer and are more likely to close the transaction successfully.
Inspection Periods
An inspection period is a specific timeframe within a real estate contract that allows the buyer to conduct thorough inspections and assessments of the property. In wholesaling real estate, the inspection period is important as it provides the buyer (wholesaler) an opportunity to assess the property's condition, identify any potential issues or repairs needed, and determine if the deal is still favorable. It allows the wholesaler to make an informed decision and negotiate repairs or adjustments if necessary before proceeding with the wholesale transaction.
Any Anything Else
Any other one off questions I've got the answers for you and will help you over come every obstacle you run into!
About Your Coach
Eric's been real estate investor since 2019 and a full time wholesaler and since 2021. He has been a long time student of the game. He specializes in seller financing, creative deal structure, and finding Hidden Deals.
A large focus for Eric is the lifestyle approach to the business. Understanding that this is hard work and takes time, but also can be the catalyst to building the life you want to live and living it on your terms.
What the Program Consists Of:
Don't let your real estate wholesaling dreams stay dormant. Ignite your passion and propel your career forward The Hidden Deals Coaching Program. Your future in real estate starts here.