The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.
an investor is that is trying to find his next 100k fast and is flipping like 10 houses a month calculating all building supplies doesn’t have time to walk around and look for the perfect house to flip no he would rather have someone that has the contract all ready for him so he can make that quick buck
I wholesale houses in Vegas, there’s lots of buyers all day. I make 10-30k on a contract and all of my system is automated. Data skimmer on the county recorders website Look for houses with liens Get the parcel number Match the parcel number with an address Find the owner Get the owners Information Cold call If no answer there’s a scripted voice message with a nice sounding female to ease them into it Offer cash, 7 day closing, no bullshit You’d be surprised how many people just want 10-50k to get out of their house, you can have it. Done this many many many times.
A property investor usually only pays market value or less... why would they pay market price plus your mark up.. People involved in real estate who have money are already hawking these properties. The real take on this video is either that property is not there or your offer is no good.
Real estate wholesaling is nothing new, what he doesn't tell you, is you have to go find distressed properties and trust me dealing with owners of distressed properties are not easy your not dealing with the cream of the crop and talk to A LOT of homeowners before you find someone willing to sell at a super low price
Essentially you are being loaned lots of money and if one thing goes wrong, you're screwed. I'll give you an example I saw happen: I saw someone do this exact same thing and when he finished fixing the house, after putting $200k in and on too of the money from investors, a week before closing, the house caught fire. He didn't have insurance and he is currently being sued by the investors and bank. Man is definitely gonna go bankrupt
Not my first time asking this question but I’ve heard clever investor talk about this too. But I feel like I need a full video or see somebody do it in action in order to really take off.
Best wishes to Real Estate Investors but please Don't forget to pay your taxes. This money is so important to inner-schools, social services, low income housing, and programs which uplift our youth. Seriously, when you don't pay it hurts our economy. "rinse & repeat."
Most wholesaler automate and send direct mail to hundreds of potential sellers/homeowners. This costs money and your close rate may be one out of every 100. It’s a grind but it’s possible lol
Yes but im 19 self employed just started building credit have the money for down payments and all the skills to remodel. I have no shot with the banks this is cap
@@JavierMartinez-gd5dr if you did your research you would know that a lot of people ask for a earnest money deposit before moving forward with signing the contract. If you can drive around and find a off market place and the person doesn’t ask for a earnest money deposit, sum will ask for proof of funds as well so stfu no one tells you everything they just lure you in so you’ll buy their courses
@@blitzer9493 you can negotiate the earnest money jack ass and find a cash buyer and they would give EMD to title or if you had $1000 for EMD yourself you would put it down and charge a cash buyer the same amount so it’s not like you even payed it, don’t speak about something you don’t even know what your talking about
@@blitzer9493 and actually how would they even want EMD before signing the contract, you don’t give the home owner the EMD you turn in the paperwork to a title company and give them the EMD, never give it to the home owner your getting ripped off
Yeah saying it is the easy part. Most people they won't even give you that chance unless you are driving luxury car. Yeah it will do all the tricks. These days to make money you better have money 💰 😅😅😅😅😅
It’s called Wholsaling and there are some expenses you may need to be ready for - in order to have a valid contract you may need to put down $10 in EM but really the rest of it is all networking. I’ve done about $200k this year in wholsaling - I recommend land though since it is easier for newbies
“Did you know this get-rich scheme”
The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.
Get to her
FinanciaI-PIanner Rebecca Mart-Watson (in fuII)
“The worse it is the better it is” *paints over lights switch*
Swimming pool 😂 in the basement
*5 Outlet in each bedrooms* 2.8% of them don't work
Me: “Listen I have big plans for this house I’m gonna flip it real quick”
Bank: “yeeee….no”
Gotta show them that fat down payment the first loan is always the hardest to get
Creative financing. Dont limit yourself. Self educate.
@@KevinZaja Elaborate, please. "Cretive financing" is way too unspecific.
You’re not flipping houses though or even buying it
🏆
“Go find an investor”
Yeah, one that wants to pay a broke middle-man a premium for purchasing a dump. Sounds easy enough.
Im dead😂
Well this guy doesn’t mean to buy the property he means to take the property from the owner 🧐
an investor is that is trying to find his next 100k fast and is flipping like 10 houses a month calculating all building supplies doesn’t have time to walk around and look for the perfect house to flip no he would rather have someone that has the contract all ready for him so he can make that quick buck
I wholesale houses in Vegas, there’s lots of buyers all day. I make 10-30k on a contract and all of my system is automated.
Data skimmer on the county recorders website
Look for houses with liens
Get the parcel number
Match the parcel number with an address
Find the owner
Get the owners
Information
Cold call
If no answer there’s a scripted voice message with a nice sounding female to ease them into it
Offer cash, 7 day closing, no bullshit
You’d be surprised how many people just want 10-50k to get out of their house, you can have it.
Done this many many many times.
@@joshuad1716what’s your overhead per month?
Thanks for telling me how to find a needle in a haystack
People who live in a fixer upper often think their house is worth much more than it is. Even when you do your own work, the cost is still too high.
What's the best ways to find the INVESTORS though?
You did not sat anything about the cost of repairs.
Awesome Information ! Thank you so much for your time and real estate knowledge ! Thanks Thach Nguyen !
A property investor usually only pays market value or less... why would they pay market price plus your mark up.. People involved in real estate who have money are already hawking these properties. The real take on this video is either that property is not there or your offer is no good.
Easier said than done.
😂😂😂
I love how you brokies like to live poor and allow rich to get richer
@@-Sam69 you’re not rich if you spend time insulting people in TH-cam comments 👍🏼 dead giveaway
@@-Sam69 doubt you’ve ever paid a bill in your life must be nice off of daddy and mommy money
If it was easy, everyone would do it..
I dont know if you read these, but can you please make a short video explaining what you mean when you say "tie it up"? Thank you
Mean you get the contract of the house
How do you find an investor who’ll buy your contract
Thanks, Tom Vu.
Now that i'm rich i'm gonna have to choose which car to drive.
LoL
What if the investor Waits until the contract is up then contact the seller and undercut you ?
Did the same w wholesaling when we were 19
All you gotta do is get a real estate license and find someone who will pay you $25k. Simple! 😆
Earlier said then done.
I’m a real estate broker. Great deals are hard to find
What if the person wants to check the house first
How do you collect your share ?
Yea good luck selling that contract, gotta know someone with hundreds of thousands sitting around
Plenty of them in China
Then the investor contacts the owner and he buy the property himself and tou are screwed
can I join your course?
3. How? (What do I google/questions I ask?)
That's whole Saleing legal in some states
The investor pays that means you can't make money without money
How do I start
Why not do 100 times a year instead of 4 times a year then since you make it seem so easy 😂
Real estate wholesaling is nothing new, what he doesn't tell you, is you have to go find distressed properties and trust me dealing with owners of distressed properties are not easy your not dealing with the cream of the crop and talk to A LOT of homeowners before you find someone willing to sell at a super low price
Love this❤
What’s the whole sale contract fee
Buuulllll shiiiiiiit!
How to write offer up to investor with assignment fee inside contract any templates that’s available
I have contracts for sell pre written ready to go. Reply if interested
That’s called whole sale😂
nice one.
$25k assignment fee for a $125k house 🧢
It’s usually between 2-5k not 25 unless its like a big ass building
Forgive my ignorance,
What do you mean by "tie it up*...what does that entail.
Essentially you are being loaned lots of money and if one thing goes wrong, you're screwed.
I'll give you an example I saw happen:
I saw someone do this exact same thing and when he finished fixing the house, after putting $200k in and on too of the money from investors, a week before closing, the house caught fire. He didn't have insurance and he is currently being sued by the investors and bank. Man is definitely gonna go bankrupt
Avoid wholesalers. All the time.
You real estate advice are gold, thank you !
What is this real estate called I’m trying to do this? Someone count me me in
You still money to buy the house
How do you find investors?
That’s my question, and how to find fixer uppers on market.
On Tinder
@@dailyclipz4u936 knock on doors
@@ht1863 😂
@@ocboarder055 😂
Is he paying for minutes on here. Slow down bro😅
Hahaha
But how do you find an investor?
Thank you! I hate when these people leave out details
Not my first time asking this question but I’ve heard clever investor talk about this too. But I feel like I need a full video or see somebody do it in action in order to really take off.
True
Best wishes to Real Estate Investors but please Don't forget to pay your taxes. This money is so important to inner-schools, social services, low income housing, and programs which uplift our youth. Seriously, when you don't pay it hurts our economy. "rinse & repeat."
He drove up to his own crappy home in a rental car lol
Do you need a real estate license?
Oh there are plenty of this house in Florida after hurricane Ian. Is that mean you going to make billions dollars this year?
Asks “when are you selling” like 😂 what if he doesn’t want to sell at all
Most wholesaler automate and send direct mail to hundreds of potential sellers/homeowners. This costs money and your close rate may be one out of every 100. It’s a grind but it’s possible lol
That's when you FORCE them to
Why do you always look so sleepy
go to work, start asking everyone in break room when they r planning to sell their house. find investor. easy!
😂
But how do you find an investor?
@@billy1239. find agents who have investors. Go on forums. Meetup groups.
Gold
Yes but im 19 self employed just started building credit have the money for down payments and all the skills to remodel. I have no shot with the banks this is cap
How good is your credit and you can still do fha loans and live in a duplex if you have enough
It's not cap, You sell the contract so you don't actually have to pay. Research the basic things before speaking
@@JavierMartinez-gd5dr if you did your research you would know that a lot of people ask for a earnest money deposit before moving forward with signing the contract. If you can drive around and find a off market place and the person doesn’t ask for a earnest money deposit, sum will ask for proof of funds as well so stfu no one tells you everything they just lure you in so you’ll buy their courses
@@blitzer9493 you can negotiate the earnest money jack ass and find a cash buyer and they would give EMD to title or if you had $1000 for EMD yourself you would put it down and charge a cash buyer the same amount so it’s not like you even payed it, don’t speak about something you don’t even know what your talking about
@@blitzer9493 and actually how would they even want EMD before signing the contract, you don’t give the home owner the EMD you turn in the paperwork to a title company and give them the EMD, never give it to the home owner your getting ripped off
Be my teacher man
Hare Krishna Hare Krishna Krishna Krishna Hare Hare Hare Rama Hare Rama Rama Rama Hare Hare
++++++++++
Why?
Here of all places you can be?
So if it’s a crack house, it’s better??
Help me do this and my first 100,000 and ill give u 50 %
What's the worst that could happen?!?!?!? Lol. Ignore this dude.
Yeah saying it is the easy part. Most people they won't even give you that chance unless you are driving luxury car. Yeah it will do all the tricks. These days to make money you better have money 💰 😅😅😅😅😅
his whole body language is cap
🤦🏻♂️😂
Yeah but you need money 1st to buy any fixer upper or any property at all ! 😅
Lol
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
I don’t under stand anything this man said just gibberish … fmd
🤣😂🤣😂🤣😂🤣🤣😂😂🤣🤣😂🤣🍌🍌
Whats up with your eyes?
No one is selling u shit price right now
It’s called Wholsaling and there are some expenses you may need to be ready for - in order to have a valid contract you may need to put down $10 in EM but really the rest of it is all networking. I’ve done about $200k this year in wholsaling - I recommend land though since it is easier for newbies
Can you mentor me?
Hi, can you show me how? we can help each other..
If you’re interested in getting help from me feel free to email me