(If you have a question you would like to see added, please email us at questions@demeeder.com)
You don’t need money to get started, the process will take a bit more time, however, this is 100% doable with $0 through NBS marketing.
The power of our No Budget Strategy allows you to market with just 10-12 hours a week. There are 168 hours in a week so if you're looking at side hustles worth your time then wholesaling could possibly be the right fit for you.
You may be wondering how? Well instead of doing traditional methods like cold calling, bandit signs, text blasting, post cards etc. We have developed a system that teaches you how to have motivated sellers reach out to you through NBS marketing.
Let's face it - wholesaling real estate deals seem too good to be true. Find a great discounted property, get it under contract, then flip that contract to an investor for a quick profit. Thousands in your pocket without even owning the property!
Here's the thing - wholesaling is a nearly risk-free strategy when done correctly. In fact, it's one of the safest ways to make money in real estate as a beginner.
You don't need perfect credit or even large amounts of cash to start. You don't have to personally finance properties or manage renovations. With wholesaling, you control properties without the burdens of ownership. (You transfer ownership)
Best of all, you can wholesale safely without liability for property defects or financing risks. The end buyer handles inspections, repairs, and funding - not you!
You simply facilitate deals and let other investors take on all the traditional headaches. All that's left for you is a steady stream of paydays when you assign contracts.
Even better, you can run your wholesaling business without quitting your day job first. Keep your income secure as you build your real estate business on the side.
Compare that to the massive risks that come with buying and owning rental properties yourself as a new investor. Wholesaling real estate is the foolproof "training wheels" strategy to get started.
So don't let the usual real estate fears hold you back. Wholesaling provides the safest path possible for rookies to earn, learn, and get their feet wet in the real estate market.
When done ethically and legally, wholesaling simply works. Why not minimize risk while putting thousands in your pocket on each deal?
Let me know if you need any other reassurance when it comes to just how low risk it is to wholesale real estate as a beginner! There's never been an easier time to start.
I wasn't a salesperson either, I started from the warehouse industry, and I don't recommend cold calling (Do you like getting cold called?) Although it's a method you can optionally to increase the likelihood of success use the power of NBS and it will allow you to speak to only people who are interested and motivated.
Not a problem! Once you place yourself in proximity for great things to happen, you'll probably be shocked at the good fortune that comes your way.
Wholesaling is done by Amazon, Walmart, and every grocery store in America. When they buy bulk products at a discount they then sell for a higher price. See we facilitate real estate investment deals to cash buyer investors. Fix and flippers will always be looking for a property to upgrade...
And motivated sellers who need money now will part ways with their property.
Here are some potential reasons why someone would want to go to a real estate wholesaler instead of directly to a cash buyer:
Speed and convenience - wholesalers can make quick offers and handle all the paperwork. Sellers don't have to find and negotiate with buyers themselves.
Maximized profit - wholesalers may be able to negotiate a higher purchase price than what cash buyers typically offer.
No listing agent commissions - Sellers avoid paying 3-6% commissions to listing agents by going to a wholesaler. This puts more cash in the seller's pocket.
Flexible closing timeline - Wholesalers can sometimes close very quickly or work with the seller's needed timeframe. Cash buyers may have rigid closing requirements.
As-is condition - Wholesalers purchase properties in any condition. Many cash buyers won't buy properties needing major repairs.
No repairs required - Sellers avoid having to make any repairs prior to closing when going to a wholesaler. Cash buyers may require maintenance or repairs first.
Confidentiality - Wholesalers allow sellers to dispose of properties quietly if needed. Sale details are kept private.
Out of state sellers - For sellers not located near their investment property, wholesalers handle things on the ground for them.
Inherited properties - Heirs looking to liquidate inherited properties quickly can use a wholesaler to handle things efficiently.
All that work is done for you! Our contracts work in all 50 states (We disclose everything to our sellers and buyers, so everyone is on the same page)
Everything is done through the title company. You are probably wondering what would happen if you got a property under contract what would happen if you can't find a cash buyer.
If you can't find a cash buyer, you renegotiate price and or simply terminate the contract easily. (We teach you how to disclose everything, so the potential of this happening is virtually zero.)
The difference is that possibly with the right guidance, wholesaling real estate has proven to be a highly profitable model thousands have succeeded with, even after previous failed attempts at entrepreneurship. (I personally went through 3 wholesaling courses before investing in true mentorship with Paul McComas.
Wholesaling isn't some untested theory - it's a turnkey business with a step-by-step blueprint for finding discounted properties and flipping them to buyers for quick profits.
When you break into wholesaling under the mentorship of an experienced investor, the odds of success are extremely high. You'll learn to avoid past mistakes and leverage systems that work.
It's true that nothing is ever guaranteed, but wholesaling real estate simplifies the complexities most new businesses face. With the formula and your mentor's support, you'll be set up for sustainability and long-term profits.
You may have tried making money online, network marketing, ecommerce, or other less structured ventures before. But with the predictable profits wholesaling offers, you can feel confident this one will stick.
Rather than hoping for success, you'll be equipped with the skills, knowledge, and mentorship to create success. Let me show you why wholesaling is different and how we can avoid the pitfalls that hindered past attempts.
The time is now to turn your discouragement from previous setbacks into motivation to finally build the profitable, fulfilling business you deserve. I wouldn't waste your time if I didn't wholeheartedly believe in your ability to thrive wholesaling real estate.
I completely understand the distrust towards real estate gurus and coaching programs. There are certainly plenty of scammers out there overpromising, underdelivering, and just trying to make a quick buck. You deserve better than empty promises.
Here is how I'm different:
I provide documented proof of my own wholesale deals and returns.
No hypotheticals - you can see real-world examples of success.
My coaching fees are reasonable. I don't believe in get-rich-quick schemes. Building a sustainable business takes commitment and hard work.
I offer individualized support and am invested in your success, not just making a sale.
My students' successes fuel my passion for mentoring. I emphasize ethical practices at all times. Your reputation and relationships are everything in this business.
My program focuses on step-by-step systems, not motivation alone. Wholesaling requires real skills - not just hype.
You get hands-on experience - not just theory.
My network of industry connections provides access to the best resources for growing your business. I practice complete transparency. No surprises or hidden fees.
Bottom line, I stand behind my program 100% because it works if you work. Let my past students' success stories ease your doubts. I'm committed to earning your trust through tangible results. Give me a chance to show you what authentic mentorship is all about.
There is no shortage of doubters who claim everything good has already been snatched up. Here's the reality:
There is still an abundance of discounted properties available if you use the right acquisition strategies and tools. Motivated sellers with urgent needs exist in every market.
More importantly, wholesaling success is not dependent on unearthing hidden "diamond in the rough" type deals. Even average deals can produce five-figure profits when wholesaled effectively.
With the proper analytics software, we can instantly evaluate any potential deal and ensure the numbers pencil for your minimum assignable profit. No more wasting time on marginal deals.
I will provide you with the key indicators to look for in deals that have inherent wholesale opportunity. Things most overlook.
We will target under-the-radar lead sources beyond just MLS and public records to find deals before competitors even know they exist.
Once you start wholesaling regularly, more and more opportunities will come to you through referrals as your network expands. Deals will find you.
Consistency and persistence are vital. The odds of uncovering deals improve exponentially through daily dedicated prospecting. I will show you how.
Bottom line - concerns about market saturation are overblown. Equipped with the right system, you will source profitable wholesale deals, even in this market. I guarantee it!
Done correctly, it is an entirely ethical and sustainable business model. Here is my perspective:
Wholesaling provides a win-win service helping sellers liquidate properties fast and connecting them to buyers. It solves problems for both parties.
I conduct business transparently and make the process smooth, clear, and beneficial for all involved. No tricks, dishonesty, or manipulation.
There are countless long-term, professional wholesaling businesses operating ethically and profitably after 10+ years in business. It is not some short-lived scheme.
Legal contracts are used to assign deals. All parties are aware and consent to the wholesale transaction and fees involved.
Wholesalers make the market more efficient by facilitating deals that otherwise may not happen. We add value through this intermediary role.
It is a legitimate business like any other that provides real value in return for real compensation.
Much unethical behavior in wholesaling can be avoided by fostering win-win relationships, not chasing quick cash.
My focus is long-term.
There must be some catch, right? Why isn't everyone doing it if it's so lucrative? Here's the reality:
Wholesaling does take real effort, persistence, and specialized skills - it's simple but not easy. The average person won't put in the work to become successful.
It requires dealing with rejection on the sales process and coping with stressful scenarios when deals can fall apart. Not everyone has the resilience for business.
You have to be willing to learn negotiation skills, marketing tactics, and other wholesaling competencies. Ongoing education is a must.
Wholesaling is highly scalable for those committed to growth, but solo deals don't lead to riches overnight. Patience and reinvestment are key.
In summary, wholesaling delivers life-changing results for those who master the skills and work ethic it demands. Let me prove the catch is simply dedication, not magic or gimmicks. I look forward to showing you how rewarding this business can be!
You may be thinking since you didn't find success initially you lack the ability to thrive in this business. Wholesaling real estate is a very different model than other investment strategies like buy & hold rentals or flipping. The skills involved and risk factors are not comparable.
Previous efforts may have lacked proper guidance from an experienced mentor. Trying to learn real estate alone is extremely difficult and often unsuccessful.
Perhaps you need a more systematic approach with less room for second-guessing and analysis-paralysis. Overthinking rather than taking action is a common pitfall.
The bottom line is previous setbacks have no bearing on your potential for wholesaling success. maybe you just need the proper training, skills, and support to thrive this time around. You have what it takes!
That negative stereotype comes from unethical actors, not the professional approach I teach.
The key is being completely transparent about the process and building win-win relationships, not just chasing quick profits.
Some tips:
Explain your role as an investor (if they were selling their house for a small enough price would you buy it? If so that makes you an investor as well)
Both parties willingly consent to transparent transactions. (otherwise, how would I sleep well at night?)
Wholesaling is being a middleman. The wholesaler finds a distressed property owner who wants to sell their house quickly for cash. Then they find a buyer who wants to buy a house at a normal price.
The wholesaler signs a purchase agreement with the seller to buy the house from seller. But the wholesaler doesn't actually buy the house themselves.
They just sell their right to buy the house to the cash buyer investor at a higher normal price.
The person who buys the contract from the wholesaler gets to buy the house for a low price directly from the seller. The wholesaler makes money from the difference between the low and normal prices without ever owning the house.
Being a wholesaler is like being a connector who matches sellers and buyers to get houses sold. The wholesaler earns money by bringing the two sides together instead of buying and selling the houses themselves. It’s an easier way to make money from real estate without having to take all the risk of owning houses.
If you have people skills, the ability to learn, and the ability to accept change, then you can learn this high-paying skill.
If you're a hands-on learner, who would rather get a tutor, (Do It with You) and would prefer coach to player hands-on training, then click here.
Location - Properties in desirable areas with conveniences near employment hubs and amenities tend to sell best. Avoid highly remote or distressed locations.
Sales price - Look for sizable discounts well below market value based on comparable properties. Enough discount is needed to attract buyers after assigning contracts.
Property condition - Major structural issues and excessive deferred maintenance add risk and uncertainty. Focus on cosmetic fixes.
Construction quality - Well-built properties with quality materials require fewer expensive repairs down the line.
Title status - Clear title with no liens or encumbrances makes transactions much smoother.
Foreclosure status - Pending foreclosures present opportunities but also timing challenges around bank timelines.
Crime rates - Areas with high crime deter many buyers. Check rates and trends.
School districts - Properties in top school zones attract families and often equate to higher valuations.
Property age - Very old or dated properties may need substantial rehab costs making deals tougher.
Days on market - The longer a property lingers, the more motivated a seller may be to deal.
1. Find undervalued homes
2. Get contracts
3. Get scripts
4. Get title company
5. Get in touch with the seller
6. Pull comps and calculate Maximum Allowable Offer
7. Assess property, estimate rehab costs, & verify details
8. Consider wholesale fee, timeline, & your ability to find a buyer
9. Market the property to buyers & real estate investors
10. Negotiate a deal with the buyers and assign the contract to the buyer COLLECT WHOLESALE FEE!
Wholesaling is alive and well.
Wholesaling is NEEDED and PROFITABLE whether it’s a buyer or seller's market.
Why?
Because as long as there are commercial or residential properties, a need for wholesalers will exist due to an infinite buy-and-sell market. (no one stops buying no one stops selling in real estate)
(virtually impossible)
Here are a few ways!
Driving for Dollars, Door Knocking, Calling Realtors Expired Listings, For Sale by Owners on Zillow and in local area, Social Media Networking, Water Shutoff lists, and bandit signs
"I don't know the first thing about contracts, paperwork, closing etc. It's too complex."
"What if I can't find deals fast enough and don't start making money quickly?"
"Can I really learn complex contract and negotiation skills? I'm not a lawyer."
Who has time to find buyers, make offers, negotiate deals etc? Sounds exhausting.
(If you have a question you would like to see added, please email us at questions@demeeder.com)
1. Motivation: What makes you consider selling?
2. Condition: What is the status of the property? Were there any repairs done in the last 5 years? Any HVAC, ROOF, or FOUNDATION ISSUES?
3. Timeframe: How soon are you looking to sell?
4. Price point: What’s the number you are looking to get for the property?
1. Investor groups on social media
2. Networking Events
3. REIA meetings
4. Courthouse Auctions
5. Title Companies
6. Realtors
7. Rental property
8. Websites
9. Chamber of Commerce
10. Meeting yours and other landlords
1. Are you looking for buy-and-hold or fix-and-flip deals?
2. What area do you like to buy in?
3. What types of property criteria do you require?
4. What type of return are you typically looking for?
5. Do you purchase properties with liquid funds, or do you borrow capital?
6. How much time do you require to close deals?
7. How many per month can you purchase?
8. When are you looking to close on your next deal?
9. What other services can I help you with?
10. Are you willing to follow my protocol for going under contract deals?
No problem, you can go back and renegotiate.
You can use a corporate disposition company.
You can Joint Venture with someone.
Gain Access to Our Nationwide Buyers
You can cancel the purchase and sales agreement. (Between wholesaler and seller)
You must ask your buyers why this does not work for them.
Inaccurate property valuation - Not correctly estimating ARV or required repairs can lead to setting the wrong prices.
Poor due diligence - Failure to research title, liens, permits, HOAs, etc. can cause legal issues down the road.
Bad contractors - Using unqualified or unscrupulous contractors reflects poorly and creates problems.
Failure to track marketing - Not knowing which marketing tactics are producing leads and deals hinders optimization.
Weak purchase agreements - Having errors or gaps in your purchase contracts leads to problems legally.
Choosing the wrong properties - Focusing too much on chasing deals vs the right deals waste time.
Trying to be a one-person show - Holding all the roles of sourcing, marketing, negotiating, contracting etc. may bottleneck deals.
No systemization - Lack of standardized processes results in inefficiencies and administrative chaos.
Not building a power team - Successful wholesalers surround themselves with experienced real estate attorneys, agents, lenders etc.
Poor time management - Inconsistent or ineffective work blocks means wholesaling part-time drags out.
Purchase and Sales Agreement (you and seller) and an Assignment Agreement (you and end buyer)
Let's pretend I wanted to buy a lollipop from the store for $1. I went to the store and signed a paper promising to buy the lollipop for $1. But then I realized I don't actually want the lollipop; I just want to make money.
So, I found you (a buyer), and you really want a lollipop. I said I would sell you my paper that lets me buy the lollipop for $2. You agree because you get to buy the lollipop for only $1 using my paper, and I make $1 profit.
This is called an assignment of contract. I'm assigning or transferring my right to buy the lollipop to you. You pay me money for giving you my paper that lets you buy it directly from the store for less.
I don't have to buy the lollipop myself or give you the actual lollipop. You just take my place in buying it from the store using the original paper I signed. It saves you money, makes me money, and gets you the lollipop you wanted.
ARV (after repair value) X 70% subtracted by repair costs subtracted by your assignment fee = MAO, max allowable offer.
Research ARV - Determine the After Repair Value by looking at recent sold comps of similar properties in the same area.
This is what it should sell for fully fixed up.
Estimate total rehab costs - Inspect the property and create an itemized list of needed repairs and projected costs. Add a buffer for the unknown.
Calculate maximum allowable offer - Subtract estimated rehab costs from the ARV. This is the maximum you can pay and still attract buyers.
Account for wholesale fee - Take out at least $5,000+ from the allowable offer for your minimum wholesale fee. Allows room for buyer profit.
Consider seller motivation - A highly motivated seller means you can offer on the lower end of the range. Offer higher if less motivated.
Compare to asking price - If your maximum allowable offer is below asking price, identify areas to reduce rehab costs or get seller to come down.
Factor in market conditions - Adjust your range based on whether it’s a buyers' or sellers’ market currently.
Leave meat on the bone - Make sure there is enough profit margin for the buyer after your fee, so deals don’t fall through.
Get 70-80% of retail value - Industry rule of thumb is wholesaling at 70-80% of potential retail value.
The goal is finding the sweet spot between the maximum you can pay, and the minimum needed to make the numbers work for buyers. It takes some trial and error at first.
When you have the right systems in place, you could be working on a deal within a week... depending on your skill level, we guarantee that within 90 days you will be working on a deal.
The timeline for completing a typical real estate wholesaling deal can vary, but generally falls within the following range:
Finding a Property: 1-4 weeks
This step involves identifying a viable distressed property, researching its background, and making initial contact with sellers.
Evaluating and Making an Offer: 24 hours
During this stage, the wholesaler will assess the property, run comps to determine the Maximum Allowable Offer (MAO), and present a formal offer to purchase.
Securing a Purchase Agreement: 24-48 hours
Negotiating and signing a purchase agreement acceptable to both parties can take some back-and-forth. Complex title issues can also extend this.
Marketing and Finding a Buyer: 7-10 days
Two months is typical, but it depends on the property appeal and the wholesaler's cash buyer network. More unusual properties may take longer to sell.
Drafting a Wholesale Contract: 24-48 hours
The actual paperwork drafting the assignment contract is normally done quickly between the wholesaler and buyer.
Closing the Deal: 1 week
Finally, the buyer and seller close directly, transferring title and completing the wholesaling transaction.
Overall, most successful wholesalers close their deals in 6-10 weeks.
Simple deals can happen in 7-10 days, while complex properties may take 3+ months.
With an efficient system, 6-8 weeks is a reasonable expectation (subject to your efforts).
Yes, it is possible to wholesale properties that need extensive repairs or complete renovations, but it can be more challenging.
Partner with renovator buyers - Develop ongoing relationships with buyers who specialize in high rehab properties.
It's difficult to say, one deal could potentially be someone's yearly salary; deals go as low as a couple thousand to as high as $50k-$60k. On average most deals are between $5,000 and $10,000.
Yes, my wife and I personally use the NBS method to bring in $20,000–$50,000 dollars a month without cold calling.
Wholesaling Real Estate has been around for decades. Prior to the crash of 2008 and all the way through the pandemic of 2020. It is one of the most resilient and essential businesses you can start. Regardless of the situation.
Tell them you understand and ask if they have any questions.
Let them know that if anything changes feel free to reach out.
YOU can and YOU will, when you put in consistent effort.
Think about it... is there a shortage of properties in the USA?
100% possible to reach financial freedom through wholesaling real estate.
There is no shortage of opportunity...
If you believe someone will collaborate with YOU on helping them solve their problem, then you will be successful with the right systems in place.
Many people that attempt to wholesale fail because many are not consistent, meaning YOU will be the exception.
You can close your first deal in as little as 30 days.
Use FREE proof of funds from Besttransactionalfunding.com
No, you do not. 💪🏼
You are not acting as a buyer's or seller's agent. As a wholesaler, you are bringing a buyer and seller together in a transaction, but not representing either party as an agent. Real estate licenses are required to represent buyers and sellers in transactions.
You don't complete sales transactions or handle money. Licensed real estate agents help close sales and handle money transfers from buyers. As a wholesaler, you assign your purchase contract to the buyer, but don't facilitate the actual sale closing or money exchange.
Not an issue; go back and renegotiate with the seller on price, extend the contract or if all else fails, terminate the contract with the seller by using our bullet proof contracts.
Wholesaling Real Estate is legal in all 50 states. There are different rules and regulations in certain states I.e. OK, IL, UT, KY, PA to name a few. We advise you speak with a wholesale friendly title company to ensure all procedures are handled accordingly. The most important thing is to make sure your contracts have full disclosure of what you intend to do with the property. Regardless of if it’s an attorney state like NC or a Non-disclosure state like TX, you can still proceed with your wholesaling business.
(If you have a question you would like to see added, please email us at questions@demeeder.com)
Who has time to find buyers, make offers, negotiate deals etc? Sounds exhausting.
My significant other will hate me being on the phone and computer even more if I do this full time.
If the opportunity was so great, everyone would be doing it. Why isn't it saturated?
I'm not good at sales or being pushy and persuasive with people. This goes against my personality.
"I'm afraid I'll end up just wasting time and money on this without ever getting a payoff."
"What credentials or experience do I really have that qualifies me to do this?"