How to Wholesale Real Estate Step By Step (Even If You’re Broke!)
ฝัง
- เผยแพร่เมื่อ 25 ก.ค. 2024
- In this video, I’m going to show you how to wholesale real estate step by step (even if you’re broke). After watching this video, you’ll have everything you need to start wholesaling real estate asap. Check it out!
Links:
1. Attorney for Entity- reieducationacademy.com/legal
2. Business Bank Account (Novo)- reieducationacademy.com/novo
3. Phone Lines: reieducationacademy.com/phones
4. Investor Deal Pro- InvestorDealPro.com
5. Audacity- www.audacityteam.org/
6. Fiverr- reieducationacademy.com/fiverr
7. Simplify Text - MyMathTables.com
8. Direct Mail House- reieducationacademy.com/mailh...
9. Seller Script Review- • Real Estate Seller Scr...
10. Repair Estimate Training- • How to Estimate Repair...
11. Agreements (Seller)- • Wholesaling Contracts ...
(Buyer)- • Assignment Of Contract...
12. Transaction Funding- reieducationacademy.com/trans...
13. Real Estate Investing Coaching- reieducationacademy.com/coaching
If you enjoyed this video and want to support me please leave a LIKE, write a comment on this video and Share it with your friends. You can also subscribe to my channel by clicking the following link:
👇🏾 SUBSCRIBE TO JAMEL'S TH-cam CHANNEL ASAP 👇🏾
th-cam.com/users/jamelgibbs?su...
… and click the 🔔 icon to get notifications every time I post new videos!
⬇️ RESOURCES ⬇️
Get More from Jamel Here: linktr.ee/jamelgibbs
Who is Jamel Gibbs (The Family Oriented Entrepreneur)?
"I teach real estate investors and entrepreneurs how to create time and freedom. Helping them get from where they are, to where they want to be, through proven real estate investment strategies. At the end of the day, I take the guesswork out of building a successful real estate business, moving you closer to building a life and business you love, for you and your family."
Read Jamel's Full Bio Here: reieducationacademy.com/about
Follow Jamel:
FaceBook: / thejamelgibbs
Instagram: / jamelgibbs
Twitter: / itsjamelgibbs
TH-cam: / jamelgibbs
Linkedin: / jamelgibbs
TikTok: / jamelgibbs
Earnings Disclaimer:
The statements in this email are not to be interpreted as a promise or guarantee of earnings. As with any business, your results will vary and will be based on your desire,
dedication, effort, ability to follow directions, and an infinite number of variables beyond our control.
See full disclosures here: reieducationacademy.com/earnin...
Timeline:
0:00 Why You Should Wholesale Real Estate and What to Expect
2:17 What is Wholesaling Real Estate?
3:43 What is Distressed Real Estate?
4:32 How to Get Paid as a Wholesaler?
4:54 How to Wholesale Real Estate
5:14 Example of Wholesaling Real Estate
6:29 How to Set Up Your Wholesaling Business
7:53 Why I Use LLC’s for My Wholesaling Business?
8:59 How to Set up an LLC for a Wholesaling Business?
11:40 The Reason to Use an Attorney for Setting up Your LLC
11:47 What is Anonymity in a Wholesaling Business?
14:44 How to Get an EIN Number for a Wholesaling Business?
15:24 Why it’s Beneficial to Set Up an LLC for Wholesaling Right Away
15:41 Do I Have to Set up an LLC when Wholesaling Real Estate?
16:04 How to Set Up a Bank Account for my Real Estate Wholesaling Business?
16:50 How to Set Up My Real Estate Wholesaling Business Phone Lines?
23:27 How to Pick a Market to Wholesale Real Estate?
26:13 How to Pick Hot Neighborhoods in Your Market to Wholesale Real Estate In?
29:54 How to Find Motivated Sellers
33:23 How to Skip Trace Motivated Seller Lists
33:47 How to Market to Property Owners
35:06 How to Write Your Marketing Messages to Property Owners Using Chat GPT and Other AI Software
37:43 How to Talk to Property Owners When they Call You
39:15 How to Look at a Property and Come Up with Repair Estimates
41:03 How to Run Comps and Make Offers
45:39 Setting Realistic Expectations When Wholesaling Real Estate
46:24 How to Get Contracts Signed By Property Owners
47:37 How to Find Buyers for Your Wholesale Deals
52:58 Assigning Contracts to Cash Buyers and Closing Deals
56:04 Closing Comments
#WholesaleRealEstate #Wholesaling #jamelgibbs #howtowholesalerealestatestepbystep
![How To Wholesale Real Estate Step by Step [WITH $0]!](http://i.ytimg.com/vi/J8jtA7f8vYE/mqdefault.jpg)
![คุณอาเรียโต๊ะข้างๆ พูดรัสเซียหวานใส่ซะหัวใจจะวาย ตอนที่ 4 [ซับไทย] 【Ani-One Thailand】](http://i.ytimg.com/vi/_vK_cden2f8/mqdefault.jpg)
Get 1000 property records of probate, tax delinquent, and preforeclosure homes for free: bit.ly/directskip
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000, My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal..
I stared wholesaling 3 years ago! Changed my life !
hey , you think you could help me out ? im new at this and would like some help.
First no bs video I’ve ever seen on this topic where the individual wasn’t trying to push a course on someone. Good job brotha!
I totally agree. I subscribed immediately
Jamel, This is one of the absolute BEST Videos I've seen in this topic. Thank you for REALLY taking us step by step in how to do this. I pray God blesses you a million fold for the way you are helping so many others! Thank you!!
Thank you for this information! This goes into such great detail and answers so many questions that most youtubers leave me wondering.
Man, thanks for the information! I truly appreciate you sharing your knowledge. God bless you and your family.
this was amazing man, thank you. way more informational than any other video ive watched!
Great video. Very detailed and informative!
You are awesome great information, excellent step by step instructions. If we watch you enough we'll get the confidence to try it.
Extremely informative and easy to follow! I’ve watched quite a few investing videos this year and this one is the best !
thank you for this straightforward video!
This was a great video. It was comprehensive and informative! Thanks!
Wow great information delivered clearly and to the point. By far the best vid I have seen on the topic. Sub’ing now
Excellent Video! Thanks for the valuable information.
This is my first time watching your video and I learned so much from you.
Thank you
This is best video that explains the basics on wholesaling real estate I’ve seen so far.
Mannnn first a foremost thank you! You are a blessing. The anticipation I got right now is out of this world!
Thank you for this video, it has been extremely informative.
Awesome information thank You
thank you for your content!
This is an excellent breakdown! Its exactly what I was looking for. I will be putting this knowledge to use & sharing!
I was searching for information about wholesaling, a few videos appeared. I selected yours, so glad that I did. The information you give is more than expected. Very thorough and concise. Thavk you.
A true "Master Class!" Thank you for this information!
A-Mazing thank you Jamel..💪🏾🙏🏾
Wow man, this is an incredible comprehensive video into wholesaling---very much appreciated Sir!
Way more info than I anticipated... Subscribing
Awesome information!!❤
Great video I’m going to start my journey of wholesale
First person I've heard describe each and ever step. Thanks sir
By far the best and most transparent video on launching your real estate business I’ve seen. Extremely thorough and very high quality content. Respect for providing people the keys needed to take life into their own hands.
Thank you for this ❤
Thank you for sharing this information. I really appreciate it
Glad it was helpful!
You are a great teacher. Thanks for putting great videos out. Blessings!
I agree! This video is game changer!💯💪
By far the best awesome teacher, relatable and insightful, first time I've seen this type of value on TH-cam without all the extra thank you 🙂
As someone who has been interested in wholesaling, out of all the videos I’ve watched on wholesaling, this has been the best step by step video I’ve ever watched. He explained this so that anyone can understand.
Great video thanks
This guy right here is the truth I just started now I'm connected with investors and real estate agents. I haven't made a deal but the information he is giving you is gold. Hey Jamel can you mentor me . 🙏🙏🥺🙏🙏🙏. Thank you a million times . # LifeChanging 🎉
Thanks for that. I appreciate it. Way to take action. 💪🏾💪🏾
Where did you find these realtors? Do you go to local ones and just call them?
Hey have you closed your first deal yet?
Hey would you give us an update??
HEYYY BROOO HOWS IT GOING WITH THE PROGRESS
Great information!! Thank you so much!
🙏🏾
Great information Jamel! I appreciate the depth of the information and guidance.
My pleasure!
Thank you so much, this is one of the best I have seen. God bless.
Unbelievable video! Thank you so much for such an amazing breakdown brother!
Great video, I am going to be working with Springboard, but you have a very thorough video here sir. I appreciate you!
I plan on leaving the W2 world and transition into RE Investing. This is the best video on Wholesaling on YT. Very str8 forward. Basic walkthrough. Step by step.
Most crisp and clear information
This is an excellent video with the entire process explained to perfection! Thank you!!
🙏🏾
This was truly informative Jamel, thank you. Your style of teaching keeps one glued in. I'm ready to begin the journey!
BRAVO 👏🏾👏🏾👏🏾👏🏾👏🏾 wonderful video
Brother I needed this.
free game 💎 more blessings your way thank you sir 🙏
Thanks for the knowledge, big bro ❤
Any time
Thank you, I now know, this is the path to start own business! actually will be retiring in 2024 thought I would renew my MLO and RE licences but I see its not the best option, whole selling is!!will def sign up for the paid services that you offer as your info is the best out there!
Bro You are the best teacher anyone could ever with to find in the real estate. thank you so much for the knowledge you are sharing.
🙏🏾🙏🏾🙏🏾
Thanks!
Blessings to you brother 🙏
Most detailed wholesale video!
An associate of mine gave me the ingredients, and this video is the appetizer. I finished viewing this around 11pm on 9/11/23. Thank you for the information sir! I do appreciate it! 🤜🏾🤛🏾
It's been about a month. How's it going? Have you put anything in motion?
Well done sir.
Great video--very thorough! Did you hear about SC and the law they passed on wholesaling?
perfect thankyou!!!!!!!!
very, very, good instruction bro. this video is fire!
Appreciate it!🙏🏾
Good info..
You are too much. Thanks a lot for this much information you out there for novices like me.
Glad to help
amazing video
Best keep up bro end am already taken that action
This is so good. Is there a reason why you don't use your city or county property website... to show you homes in foreclosure? I believe it would be at the courthouse... where one would find that information.
Thanks you have provided clearly without fluff than I have gotten anywhere else. Still am not sure how you can share the pictures is it because you have a buyers contract that you disclose you are assigning?
Hi Jamel super informative video!!! You mentioned business bank Acct on line but I didn’t hear you mention any specific bank account in your video.
thanks. just a checking account works.
The Goat 💯
This is the best training 🙌 down
This video is pure gold
Hello Jamel ....this is a very informative video ..something i been looking for for weeks ..i truly appreciate the step by step video....because i was alittle losted but ...as lookin at this Question when u sending over a agreement are u suppose to contact them to make sure they received the agreement or you given them the offer over the phone before u send the agreement
Best wholesale video I have ever watched in the You tube channel. Keep up your good work Jamel!
Appreciate that
Amazing and info loaded video. Where can i get all links?
really interested in this. been doing some flipping on my own and need to add to it.
Let’s partner?
Thank you for the information, Jamel. I'm in the Charlotte area and interested in wholesaling. I was wondering if you have some form of mentorship program available, if so, I would like to be one of your mentees.
One of the best, straightforward, and informative wholesale video I have seen thus far!! Thank you for this valuable information!!🙏🏾
Thanks
Love this video, I'm confused on who the pays the whole sale fee, is it the buyer or seller?
good video
Wish I found this video before. I spent so much money and the information was not like this. Thank you!
Hello Jamal, how do I get access to the various contracts and information that you spoke about in your video?
My guy💯
💪🏾🙏🏾
pure gold!
Very informative video. I am looking to start my wholesale business. I am just confused after I get my final offer together to the seller, and I go out to find my cash buyer on Craigslist or fb marketplace. How do you know the price to ask for the cash buyer? Is it the difference from what your agreed purchase price to the seller was to the comps that were pulled in the area?
Question: I was under the impression you don't need an LLC to just wholesale. Like if I were to go solo and be a 1 man band I should be good to go. If I begin to hire people. Virtual callers or what have you and begin to operate like a real business, then I need an LLC. Or am I wrong? If I begin calling and getting contracts signed and find a title business and seller. Is that when I need an LLC? Thought I didn't need one just to do this?
I want to ask a question: The price you listed on the Craiglist ad, is that the actual price of the property or the whole sale assignment fess?
If assignment fess, how would they know the actual price of the property and if it is the price for the property does it include your wholse fees?
Question when you have a deal and you post on Craigslist to find the buyer you post under for sale by owner?
Good afternoon, how can I get in contact with you to start doing deal together. Your content is very understandable; great and thanks very much I appreciate you sincerely
Can you wholesale to agents? I mean , a seller who wants to list a property with an agent - you charge the agent a referral fee for bringing them a customer
Amazing video going to actually start working on this because this video made the process so clear and understandable only question I had was in the example why did you multiply the avg price of homes sold in the area by .70 then use that number for the offer? 100k less than avg seems like a lot
Another question is when do we get in contact with a title company? Before or after we get the property under contract? After contract and assignment contract have been signed to close the sale ? Does the title company or attorney have to review the contracts after each has been signed? Do we ourselves send over the contracts to both seller and buyer or to the title company or attorney and they send those over to get signed
@@stanleyrodriguez3546 how do you get the agreement form to assign the property?
Not sure if because he loOKs like me, eye can comprehend more despite already watching a plethora of other successful Wholesalers but - I'm 8 mins. IN & all ready eager to get out there and take action on some dire steps in strengthening my foundation.
Here's my THANKS 🙌🏿, may it return to Jamel in the form of useful energy, abundance, wisdom, and prosperity!
Good morning like your way of teaching but do not understand how to by house if the house is 350 thousand and property tax is 4000 home insurance is 1400 plus 500 a year home owner association fee so how much should I put rent to cover all expenses without losing my money
where do i get contracts asiignment of cotract
and name of funder if have to close to do double closing
Mr Gibbs, is it absolutely necessary for me to get an LLC when starting? I’ve read that it’s not required but are you able to elaborate a little bit on why one should get an LLC ?
Thank you @jamelgibbs for this very thorough step-by-step video on wholesaling. I do have a question though, do I need to find a titling company before getting into a contract with a seller? Or, will the buyer have one that we can use? Please keep in mind I'm very new at this. Thank you
Usually, the buyer will pick the title co or atty
Bro you are crushing it. I really want to thank you for giving so much info in a straight forward video. I truly appreciate it
I purchased my Fl. house 4 yrs ago, off market, assignee, wholesale found on Craigslist. I am a senior lady who moved from N C.
Hello Jamal, your video is absolutely phenominal by far. Is there a way that I may contact you?
What if you drive by a house and it is in good shape but it looks like someone hasn’t taken care of it at all because of family issues or financial distress would that be a perfect situation because assuming the person can’t handle having/taking care of the property anymore ?
Do I need any type of license to do wholesaling or can I just jump right into it?