How To Make Money Wholesaling Houses Hosted By Shenoah Grove
Wholesaling houses is a great beginners' strategy in terms of it being the ultimate 'zero down' investing strategy. The wholesaler finds a property, keeps the ‘risk-free’ profit and passes along the ‘risk-full’ profit to the rehabber.
In fact, it’s the ultimate 'zero down' investing strategy.
However, while it’s a beginner’s strategy from the standpoint of how much capital you need to have, it’s NOT a beginner’s strategy in terms of how much KNOWLEDGE you need to have.
Some of the skills you'll need to be a wholesaler include:
✓ Marketing
✓ Negotiations
✓ ARV market analysis
✓ Rehab projections / deal analysis
✓ Ability to put together contracts & addendums
If you make errors in any of those processes, that error will end up coming out of your assignment fee.
When you think about it, that’s a lot of real estate knowledge that you’ll need to know and understand in order to complete a deal.
Want to learn more? Sign up for our next Virtual REIA event to learn how to make money wholesaling houses (without risking your money or credit).
ABOUT THE SPEAKERS:
The Texas REIAs are owned & operated by Phill & Shenoah Grove. Together, Phill & Shenoah have been actively investing in Texas real estate since 2003.
During this time, they’ve participated in more than 1,200 real estate transactions totaling more than $200,000,000.00 (and still hold an 8 figure real estate portfolio).
They've survived the 'booms & busts' by studying the Texas market and using the appropriate creative real estate investing strategies designed to help the difficult situations facing their buyers.
The REIA president is Nancy Gonzalez.
