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10 Steps to Becoming a Real Estate Wholesaling Rock Star!
10 Steps to Becoming a Real Estate Wholesaling Rock Star!
10 Steps to Becoming a Real Estate Wholesaling Rock Star!
Ebook95 pages33 minutes

10 Steps to Becoming a Real Estate Wholesaling Rock Star!

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About this ebook

TRANSFORM YOUR LIFE FROM "SURVIVING" TO THRIVING!

Building a successful real estate wholesaling business is easy if you know the rules.

Getting your start in real estate wholesaling and investing doesn't require a lot of cash, good credit, or experience. You need a proven, step-by-step plan that is easy to follow and implement.

When I started in real estate, I wasn't given this plan, so I had a long and difficult struggle to find success. This plan is the result of many years of successes and failures of myself and others.

This book gives the basics needed to get you on your way to becoming a rock star real estate wholesaler!

David P. Witte is a Licensed Real Estate Instructor, Licensed Real Estate Broker, Real Estate Wholesaler, Rehabber, Flipper, Landlord, Real Estate Investment Coach, and Public Speaker.

In this book, David shares the secrets that he has learned and shows YOU how to start wholesaling real estate without experience, credit, or lots of cash.

LanguageEnglish
Release dateMay 29, 2019
ISBN9780578521459
10 Steps to Becoming a Real Estate Wholesaling Rock Star!

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    Book preview

    10 Steps to Becoming a Real Estate Wholesaling Rock Star! - David P. Witte

    10 STEPS TO

    BECOMING A

    REAL ESTATE

    WHOLESALING

    ROCK STAR!

    TRANSFORM YOUR LIFE FROM

    SURVIVING TO THRIVING!

    DAVID P. WITTE

    Copyright © 2019 by David P. Witte

    All rights reserved. This book or any portion thereof

    may not be reproduced or used in any manner whatsoever

    without the express written permission of the publisher

    except for the use of brief quotations in a book review.

    Printed in the United States of America

    First Printing, 2019

    ISBN 978-0-578-52145-9

    David P. Witte, LLC

    3230 Southgate Circle

    Suite 136

    Sarasota, FL 34239

    www.DavidPWitte.com

    rock star

    Noun

    A person who is renowned or revered in his or her field of accomplishment.

    Any animal, plant, or other thing that is renowned amongst others of its type.

    +

    real estate wholesaler

    Noun

    A person that finds motivated sellers, gets their property under contract, then assigns the contract to another buyer before closing, making a small but quick profit on each.

    =

    wholesaling rock star

    Noun

    A person who is revered for his or her ability to find motivated sellers and discounted real estate deals to wholesale to others.

    Disclaimer

    Every example in the book is 100% true but makes no claim as to how much money you will make in the real estate business.

    The only guarantee I make is that if you keep sitting on the couch, you’re not going to make any money in real estate.

    The events in this book represent actual events in my life, but the names have been changed to protect the privacy of the subjects.

    I am not a lawyer, cannot give legal advice, and nothing in this book should be considered as legal advice. I highly recommend you seek a local real estate attorney for legal help in your real estate endeavors. Laws vary from state to state and a local real estate attorney can provide expert legal advice tailored for your location and situation.

    The principals of real estate investing addressed in this book are based on generally accepted practices of real estate investing; they and are not guaranteed to be a legal or accepted practice in your state.

    What You Will Learn in This Book

    Why wholesaling?

    How to structure deals

    Real estate contract basics

    How to value property

    What makes a good target market?

    Real estate marketing basics

    Working with motivated sellers

    Finding cash buyers

    And a lot more

    Free Training

    Table of Contents

    Welcome!

    The Allure of Land

    Why Wholesaling?

    My Road to Wholesaling

    The Crash of 2008

    Avoid the Mistakes I Made

    Back on the Horse

    Points to Remember

    The Plan - Go from Zero to Hero

    Skipping Some Steps

    Step 1 – Commitment

    Decide - Do You Really Want to do This?

    Step 2 - Learn the Basics

    Real Estate Basics

    A Better Way to Learn

    Step 3 – Learn to Structure Deals

    Think Past the End of Your Nose

    Avoid the Monkey Trap

    Make Strategic Decisions

    Step 4 – Learn About Contracts

    Contract Basics

    Know Your Contract

    Real Estate Attorney or Title Company?

    Step 5 - Learn How to Value Property

    Get a Quick Estimate

    Sales Comparison Method

    Step by Step:

    Determine the Sold Price per SF

    Determine the Current Value

    Calculate Your Maximum Offer

    Leave Room to Negotiate

    They’d Never Sell for That!

    Step 6 - Find a Target Market

    What Makes a Good Target Market?

    Narrowing Down to a Neighborhood

    Step 7 – Learn Real Estate Marketing

    Find Motivated Sellers

    Marketing Strategies

    Step 8 - Only Work with Motivated Sellers

    Are They Motivated?

    Weed out the Lookers

    Step 9 - Find Cash Buyers for Your Deals

    Where to Look

    Blast out the Deal

    Control the Deal

    Step 10 - Get Going!

    Take Action

    Why not a Real Estate Investing Seminar?

    What’s Next for You!

    Welcome!

    Just a quick note to get this party started…

    Although I am a Licensed Real Estate Teacher, this book is not another in a long line of tomes filled with dry information and theory. Nor is it a "quick fix, read this, and

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