Tag Archive for: wholesale deals

Today we are going to discuss why you need wholesalers on your side. Real estate investing is a competitive game. Therefore, the winners are those who combine smart property acquisitions with proper funding. Wholesalers can help you unlock better deals that others won’t even see. Here’s why they are an essential part of your success.

The Two Pillars of Real Estate Investing

To thrive in real estate, you need two things:

First, Great Deals:

The best properties often don’t make it to the public listing. They’re snatched up by investors at the top of a wholesaler’s list.

Second, Proper Funding:

Being “money ready” means you can buy, fix, as well as finish properties quickly without delays.

Why Wholesalers Favor the Money-Ready Investor

Wholesalers prioritize investors who:

  • Close deals fast.
  • Avoid creating complications.
  • Have funding ready to go.

When you’re easy to work with, wholesalers offer you deals before they hit the email lists. To clarify, these properties often have higher profit margins. As a result, they can be 20% more than publicly listed ones.

Example:
A property with a $400,000 ARV (After Repair Value):

  • Hard Deals: 10% profit margin = $40,000.
  • Good Deals: 15% profit margin = $60,000.
  • Great Deals: 20% profit margin = $80,000.

By securing great deals, your profits double compared to scraping through regular listings.

Be Money Ready to Maximize Success

Being “money ready” means having the funds for:

  • The purchase.
  • Repairs and renovations.
  • Carrying costs and any unexpected overruns.

To clarify, the faster you complete a deal, the quicker you see returns. Delays of just three months can slash profits in half.

The Long-Term Impact of Better Deals

Let’s compare three investors flipping three properties annually:

First, Hard Deals: $120,000/year or $360,000 over three years.

Second, Good Deals: $180,000/year or $540,000 over three years.

Third, Great Deals: $240,000/year or $720,000 over three years.

Investors at the top of a wholesaler’s list not only earn more but they also enjoy the ability to reinvest profits or fund new opportunities.

How to Get Money Ready

To work with wholesalers and secure great deals:

  • Line up your funding for the purchase, rehab, and holding costs in advance.
  • Build relationships by showing wholesalers you’re a reliable and fast closer.
  • Work with lenders like us to create a “money bucket” strategy that funds every stage of your project.

Start Thriving in Real Estate Today

Want to make real estate investing easier as well as more profitable? Reach out to us. We’ll help you get “money ready” so you can:

  • Secure better deals.
  • Finish projects faster.
  • Either do less and enjoy more or scale up to grow your portfolio.

Watch our most recent video to find out more about: Why You Need Wholesalers on Your Side

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How to Get Wholesalers to Email YOU!

 Today I would like to share with you what I’ve learned over the past 23 years while working with successful investors. These investors have learned how to grow their wealth quickly and easily by working smarter, not harder! What exactly does that mean? To put it briefly, they work smarter by getting on the wholesaler’s “A” list. As a result, they can find incredible deals without scouring the internet or contacting realtors. Find out how to get wholesalers to email you today! Let’s get started!

Finding good wholesalers

First and foremost, you need to find wholesalers without doing endless internet searches or asking other investors. Investor Lift is a user-friendly website that can help you build a wholesaler network quickly. This website allows you to find the majority of wholesalers in your area by simply clicking on the property. More importantly, you to find the contract information including their email and often a phone number as well. In as little as 10 to 15 minutes you can be emailing wholesalers and getting deals sent directly to your inbox.

  1. Create an excel spreadsheet to copy and paste the wholesalers information into.
  2. Go to Investor Lift at  https://investorlift.com/ 
  3. Sign up for a free account by clicking Register in the upper right corner.
  4. Select the State that you are searching in.
  5. Click on a Property that you are interested in.
  6. Select Contact to see who is selling the property.
  7. Copy and Paste the email and phone number in your excel spreadsheet.
  8. Build your List by going through each property and adding to the excel spreadsheet.
  9. Add Properties to your excel spreadsheet daily.
  10. Send them an email sharing what types of properties you are looking for.
  11. Follow up weekly to see what they have available.
  12. Go to the properties you are interested in.

Get on the “A” list!

Establishing a good relationship with the wholesalers is the key to success! Of course it may take 30-60 days to create the relationship. However, it is important to show that you are an active buyer and a good buyer. As a result, investors will receive property information before it is added to the website. Ultimately wholesalers want investors who know what they are looking for in order to have properties purchased quickly.

Keep a watchful eye.

In a nutshell, you will find both good and bad wholesalers during your search. With this in mind, it is important that you keep a watchful eye out for the bad wholesalers. A bad wholesaler for instance is one who tend to advertise overinflated properties, or properties that have under-inflated fix up costs. Focus your attention on the good wholesalers who have good deals in order to set yourself up for success.

Work smarter not harder!

Build wealth quickly and easily by getting on the wholesalers’ “A” list! In doing so, it creates an easy way to get the cream of the crop before the properties post on the websites. Stop wasting your time looking at 30 to 40 properties a day by using Investor Lift. In addition to finding properties, it is important to find the right financing as well. Here at The Cash Flow Company we can answer your questions and find the right product for you. Reach out to us to find out more about financing flips, BRRRR, bridge loans, and gap loans. We would be glad to walk through any deal that you have and see how we can make it even better.

Watch our most recent video to find out more about how to Get Wholesalers Emailing YOU! 

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One of the best ways to make the most on your investments is to find wholesale deals. But, how do you do that? Well, here are 5 tips from REIClub.com. Check them out!

Ready to learn more? Visit our Investor Tools page, or contact us today!

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