Wholesale Real Estate Investing
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Title: Wholesale Real Estate Investing
Word Count: 523
Author: Brad Eden
Email: vze2sd7h@verizon.net
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Wholesale Real Estate Investing
Copyright 2005 Brad Eden
Consider these parameters for a real estate deal:
Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500
If you analyze the numbers, you see that the equity
available in this deal is $87,500 (Property Value minus
Purchase Price minus Repairs).
So here's a hypothetical question for you: Assuming that
the information above is accurate, and the property is
located in an area that you view as acceptable and/or
favorable, then:
If I offered to give you this deal in exchange for $10,000
in cash, would you do it?
Remember - this is hypothetical. The real question here is
this:
Would you exchange $10,000 in cash for $87,500 in equity?
For most savvy investors, the answer is: Absolutely YES!
This is called "Wholesale Real Estate Investing" - the
process of buying a lot of equity at a very significant
discount from another real estate investor who has already
done the hard work of finding a deal and getting it under
contract.
Just think about that - consider how easy real estate
investing would be for you if you had a network of real
estate investors in your area (and maybe even all over the
country) who, several times each month, offered you the
opportunity to purchase significant amounts of equity for a
severe discount...
...It would be quite easy to become wealthy, fairly
quickly, wouldn't it?
The answer again, is: Absolutely Yes, it will.
It is through smart "wholesale real estate investing" that
you can increase your net worth by $20,000 to $100,000 on
every real estate deal that you do.
...Now the burning question becomes, "Where exactly do I
find these wholesale real estate investing deals?"
I know of at least 3 solid sources...
You've got to admit - it will be a pretty wonderful thing
when you know how to find great real estates deals in which
you can trade a small amount of cash for a large amount of
equity without even having to find the deals yourself...
...And that's exactly what "wholesale real estate
investing" is all about.
So let's get right to it. Here are 3 places to find
wholesale real estate deals:
1.) Visit the local real estate investing club in your
area. Almost all of these clubs have networking
opportunities to work with other investors who wholesale
deals regularly, and this is an easy way to find great
opportunities.
2.) Watch for ads in the newspaper, television, and in
other media that advertise slogans like, "We Buy Houses",
or "Sell Your House in 9 Days" or anything similar to that.
Most of the time, these people are real estate investors,
and they are happy to wholesale deals to people like you.
3.) Watch your email-box. Why? Because if and when you
choose enrollment in various free e-courses online, such as
that via tm-RealEstateInvesting.com, you'll be provided
with automatic notification about great local and national
deals as they become available. But be forewarned - you've
got to act quickly whenever these deals are announced,
because obviously the response is always significant.
Happy Hunting!
About the Author:
Brad Eden is a Entrepreneurial Sciences expert with 14
years of industry experience in real estate, marketing and
technical communication. Brad owns & operates a free
traffic resource for entrepreneurs.
www.americanfreetraffic.com/home.html
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