Summary: WHOLESALING REAL ESTATE 101 On this podcast episode I talk about wholesaling real estate, what wholesaling is, and the four basic steps of wholesaling. The Four Steps Are: *Finding a House That Would Be A Good Flip *Making An Offer To Buy That House *Getting The House Under Contract *Selling That House For A Profit To An Investor I discuss a lot of meat and potatoes stuff about wholesaling on this episode. I use an example of finding a house For Sale by Owner on Zillow, making an offer to purchase the house, and flipping the house to a cash investor. Using the example, I walk you through the inspection period and why that is important and how to use the inspection period to cancel your contract or ask for a price reduction. I talk to you about assignments of contract versus double closing and when you should use which strategy. We also cover cash buyers, building your cash buyers's list and why you should get your real estate license. I talk about why finding a house is the most difficult of the 4 steps above and why cash investors like me are always looking for more houses. I discuss different websites for finding houses, and bidding for houses on online auction sites like Hubzu, Auction.com and Xome. I also discuss marketing to motivated sellers with direct mail, Facebook, Pay Per Click, Text Marketing and Cold Calling. There is a lot of meat and potatoes about wholesaling in this episode. If you are new to wholesaling or want an intro to wholesaling then this podcast episode is for you! If you are brand new to real estate and want to learn more about how to wholesale real estate and flip houses then please register for the free wholesaling real estate training at this link below: FREE WHOLESALING TRAINING https://www.lexlevinrad.com/webinar FIXING AND FLIPPING TRAINING If you want to learn how to fix and flip houses I have a fix and flip training webinar at this link: https://www.lexlevinrad.com/fixandflipwebinar DON'T FORGET TO SUBSCRIBE TO THIS PODCAST TO BE NOTIFIED OF UPDATES SUBSCRIBE TO MY YOUTUBE CHANNEL http://www.youtube.com/lexlevinrad?sub_confirmation=1 CONNECT WITH ME ONLINE http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING PROPERTIES For more real estate tips about property investment, investing in real estate, and how to start wholesaling, download a FREE copy of my best-selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com
