Investing Strategies
Are You Using These 3 Wholesale Contract Clauses? (You Should Be)
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Wholesaling real estate is a very simple process:
- Find someone who REALLY wants to sell their property
- Put it under contract for a low price
- Market the property with your commission added
- Flip the property to a cash buyer
- Cash your check
I do that process month-in and month-out and regularly find great deals. Deals that mean quick cash for me. I’m talking $6-$10,000 range on almost every deal. Not a bad gig – I must say.
But it wasn’t always that way. There was a big learning curve for me at first. Now I’m happy to team up with the folks at Real Estate Mogul to shorten that learning curve for you. We want you to close the same kind of deals I’m closing (or even better ones!) as soon as possible.
One of the biggest leaps in profitably from my business came when I added three simple clauses…
Patrick Riddle
has been investing in real estate ever since he got the bug in college at Clemson University and - to his parents dismay - dropped out of college to dive full-time into real estate at the age of 22 with a couple friends/partners from school.
The first few deals were rough for them, mainly using their own cash, credit, and hard money loans. But, soon he found out that was a rough and unsustainable way to build a real estate business.
After "on the job" learning through the school of hard knocks at first, he found the key that helped their company get deals done more quickly, with higher profit, less risk, without having to go to banks or use their own cash.
Fast forward to today, their company has closed over 130 real estate transactions and has put over $6 million in private money into their own transactions.
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