1 / 20

Automated Real Estate Systems Zack Childress

An excellent Zack Childress property is sort of just like a group innovator, directing his members for the final objective - your effective property deal.

zackchildress
Télécharger la présentation

Automated Real Estate Systems Zack Childress

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The New Market for Wholesaling Zack Childress Automated Wholesaling Systems

  2. Today’s Goals: • To give you the “bigger picture”—how to move from wholesaling deals to having a business that wholesales deals • To ensure that you understand: • The wholesaling business • Why you get paid to wholesale properties • The key skills you’ll need to have or get

  3. Today’s Goals: wholesaling is a false impression. It is not an creating an investment technique. It is more of an creating an investment quit technique. It is very essential realize that because techniques are really about how we are earning money like if we are rehabbing and rental choices.

  4. The big picture Learn to do it Do it Systemize it Passivize it

  5. The Big Picture: • Learn to do it: • Get a quality home study program or seminar • Study it thoroughly • Understand the business, the customers, the process, the paperwork • Do it: • Talk to sellers and buyers • Look at properties • Evaluate deals • Make offers

  6. The Big Picture: Wholesaling should never be a main technique. It should always be an quit technique, but when you are first beginning out, most of your technique is getting out of out of as many offers as possible. So, wholesaling becomes the main concentrate for most traders. It is a wonderful factor because there is little threat engaged.

  7. Why Bother? • Because as a “wholesaler”, you: • Limit your income to the offers YOU have the a chance to do • Rarely have plenty of your energy and effort to work on the “important but not urgent” things in your business • As the owner of a wholesaling company, you: • Can do endless deals • Move into multiple markets • Step away from the company, and it still makes money!

  8. Because of this…

  9. Convinced Yet? • Referring to that, there are so many different methods that we can general. I am going to discuss those as well, but what I want you to be obvious on is that wholesaling is really nothing more than the art type of managing qualities through agreements and then we allocate our privileges to those agreements to a new customer.

  10. What Wholesalers Do:A Review • We FIND MOTIVATED SELLERS • Of the kinds of properties other investors want: bread and butter and rental properties • We EVALUATE those deals • What’s the ARV? • What are the repair costs? • What’s a good price for an investor/buyer?

  11. How do you bring value? • Because you’ve TRAINED yourself… • To find those desperate sellers • To understand your buyers • To correctly evaluate a deal from the buyer’s perspective • To handle the paperwork correctly and with no hassle to your buyers and sellers

  12. Key Skills to Master • Understanding what makes a good deal for your buyers • Finding deals • Evaluating deals • Negotiating deals • Selling contracts

  13. Why we do it Wholesaling is so many things. If anyone ever pigeon holds you and says that it is “finding properties as a discount and finding a cash buyer,” well, the problem is that is someone who has not experienced wholesaling or knows wholesaling like I do.

  14. Why our SELLERS do it • Estate property • Out of town heirs • Needed major updating • Seller “didn’t need the money”, did need a 30 day close

  15. Understanding “Supply and Demand” in the Wholesale Market • “Supply” generally refers to LISTED properties • There are ALWAYS motivated sellers in any market • There are ALWAYS investors looking to make money in any market

  16. Why “Sellers Markets” Are Charming • Most investors—your buyers—ONLY know how to find properties that are offered TO them • MLS properties • FSBOs • Sheriff’s sales/auctions etc

  17. How to Find Deals When There are “No Deals” • In a weak market, you focus on developing buyers • hot market (or bubble) you focus on: • Finding off-market properties • On-market properties in weak segments

  18. 6 Kinds of Sellers: • Non-represented individuals • Represented individuals • Bank/listed • Bank/direct • HUD • Hedge funds

  19. The Real Estate Goddess’s Guide Shows YOU How to calculate fix expenses, so you ALWAYS create a good provide How to “do the paperwork” so that you never HAVE to buy your home you can’t provide, but still have the offer linked up so you possibly can create money How to find a customer quick, so that your assessments start moving in immediately

  20. For More Details Visit: http://www.co-wholesaling.com/

More Related