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Make Money Quickly With Real Estate Investing - How To Wholesale Real Estate
1. Make Money Quickly With Real Estate Investing - How To
Wholesale Real Estate
In this particular article I'm gonna talk to you about some different ways too quickly generate cash in
real estate investing.
One way to generate cash quickly and real estate investing is to Wholesale Property. What is
wholesaling property?
Wholesaling property is finding a great deal, putting the deal under contract and then quickly selling it
to another investor or an end buyer.
So, let us take a look at those three steps and see how we can accomplish generating quick cash by
wholesaling real estate.
First finding great deals. In our current market finding some truly great deals is not very difficult. With
the current flood of foreclosure properties, short sales and otherwise motivated sellers, there are
some truly amazing deal available right now.
Once you've found a deal, you need to control the deal in some way. Most people prefer to put the
house under contract to control it. You can also use an option to control the deal as well.
The last part of quickly selling it to another investor is usually where most new investors get stuck.
Some new investors think that the hardest part is finding the deals. This is not true.
For most new investors the hardest parts is finding other investors that are serious buyers and who
are willing to buy their deals.
So, in my opinion, you should be focusing on building your list of investor buyers immediately. If I
were starting from scratch I would build it using both direct marketing and networking. I would send
out mail to investors, post ads to find investors and respond to ads investors are running. Plus I would
ask everyone I know if they know of someone looking to buy an Investment Property.
A couple other ways to generate quick money with real estate investing have similar steps like bird-
dogging where you just find deals and turn them over to another investor for a much smaller fee and
buy a house to fix it up and quick turn it. In changing markets, I am reluctant to recommend that
strategy except for extremely good deals or deals that require you to take ownership like deals in the
MLS.
Those are the steps to quickly generating money with real estate investing.
Sherman oaks real estate