How to Find Good Wholesale Deals on eBay
December 7, 2009 by admin
Filed under Home Business
Michael Contaro asked:
Looking for a place where you could sell your items for a profit? Why don’t you have a try at eBay.com and see your profit grow on every sale that you will make out of your items.
EBay is popular to almost everybody. It caters to different types of individuals-hobbyists, traders, computer programmer, accountant, design engineers, ‘buy and sell’ investors, and others. In eBay, you will find millions of items of varying kinds that are listed, bought, and sold everyday. Anything-from Barbie or Bratz dolls, computer software, antique furniture, vehicles of old or new models, and others-can be sold as long as it is not illegal or illegally acquired (in case the item is purchased from another individual) and does not violate eBay’s Prohibited and Restricted Items policy.
Through eBay, there is a chance that you will be able to get rare items for your collection. Through eBay, there is a chance that you will be able to obtain modern technology merchandises (such as laptop computers, digital MP3 players, and latest mobile phone models) in a competitive price. Through eBay, there is a chance that you will be able to generate profit out of your items compared to selling it on a garage sale.
Through eBay, almost every goal is possible to achieve.
Majority of the items sold on eBay are from private merchants who end up selling such items to other private users. When you try to search this auction site, you will also notice that most of the auctions or deals are for single items. Although majority of items sold are from private sellers to private buyers, the existence of growing ‘business to business’ market on eBay is present. One of which is the wholesale business, where wholesalers are using eBay to sell merchandises in bulk or in large quantities (thus, the term ‘wholesale’ is applied) to resellers.
Wholesalers also understand that though there are individuals searching for different items for their own consumption, there are also individuals who are also looking for different items for resale purposes.
Thus, if you are an eBay seller, specialty shop owner, flea market vendor, or even a wholesaler, you will be able to find good wholesale deals on items that you need using eBay. The online auction site provides a sub-category for wholesale, thus you will easily find listed merchandises for sale on eBay. For instance, if you are a eBay wholesaler of toys, all you need to do is to visit the toys category and click the sub-category ‘wholesale’. From there, you will be able to see the wholesale deals for a specific kind of item or merchandise.
Probably you are wondering why there are individuals who does not simply purchase at wholesale yet they will resell on individual lots. Part of the reason is that many eBay sellers do not have the capability of storing large quantities of items or money to purchase large lots. However, if you have the capability of storing large quantities of items and some additional money to spend, you should think about purchasing wholesale lots on eBay and then selling it on individual lots later on.
In most cases, eBay wholesale purchases are set on low price compared on individual lots. Once you have made the purchase, you can take better images and write the best possible description for that item or merchandise, and sell it for twice the price of what you have paid for it.
There are always good wholesale deals on eBay. You will be able to maximize your business potential as well as revenues if you consider purchasing wholesale lots on eBay.
Looking for a place where you could sell your items for a profit? Why don’t you have a try at eBay.com and see your profit grow on every sale that you will make out of your items.
EBay is popular to almost everybody. It caters to different types of individuals-hobbyists, traders, computer programmer, accountant, design engineers, ‘buy and sell’ investors, and others. In eBay, you will find millions of items of varying kinds that are listed, bought, and sold everyday. Anything-from Barbie or Bratz dolls, computer software, antique furniture, vehicles of old or new models, and others-can be sold as long as it is not illegal or illegally acquired (in case the item is purchased from another individual) and does not violate eBay’s Prohibited and Restricted Items policy.
Through eBay, there is a chance that you will be able to get rare items for your collection. Through eBay, there is a chance that you will be able to obtain modern technology merchandises (such as laptop computers, digital MP3 players, and latest mobile phone models) in a competitive price. Through eBay, there is a chance that you will be able to generate profit out of your items compared to selling it on a garage sale.
Through eBay, almost every goal is possible to achieve.
Majority of the items sold on eBay are from private merchants who end up selling such items to other private users. When you try to search this auction site, you will also notice that most of the auctions or deals are for single items. Although majority of items sold are from private sellers to private buyers, the existence of growing ‘business to business’ market on eBay is present. One of which is the wholesale business, where wholesalers are using eBay to sell merchandises in bulk or in large quantities (thus, the term ‘wholesale’ is applied) to resellers.
Wholesalers also understand that though there are individuals searching for different items for their own consumption, there are also individuals who are also looking for different items for resale purposes.
Thus, if you are an eBay seller, specialty shop owner, flea market vendor, or even a wholesaler, you will be able to find good wholesale deals on items that you need using eBay. The online auction site provides a sub-category for wholesale, thus you will easily find listed merchandises for sale on eBay. For instance, if you are a eBay wholesaler of toys, all you need to do is to visit the toys category and click the sub-category ‘wholesale’. From there, you will be able to see the wholesale deals for a specific kind of item or merchandise.
Probably you are wondering why there are individuals who does not simply purchase at wholesale yet they will resell on individual lots. Part of the reason is that many eBay sellers do not have the capability of storing large quantities of items or money to purchase large lots. However, if you have the capability of storing large quantities of items and some additional money to spend, you should think about purchasing wholesale lots on eBay and then selling it on individual lots later on.
In most cases, eBay wholesale purchases are set on low price compared on individual lots. Once you have made the purchase, you can take better images and write the best possible description for that item or merchandise, and sell it for twice the price of what you have paid for it.
There are always good wholesale deals on eBay. You will be able to maximize your business potential as well as revenues if you consider purchasing wholesale lots on eBay.
How to Wholesale Real Estate
November 26, 2009 by admin
Filed under Real Estate
Eddie Case asked:
You’re all excited and fired up about getting started in real estate investing! You have chosen to specialize in real estate wholesaling, CONGRATULATIONS! You have chosen the absolute BEST real estate investing vehicle available to new investors!
Why is it the best? Its best for a lot of reasons but the 3 best reasons to wholesale real estate are:
1.) There is Zero Risk involved with this type of investing. 2.) You need none of your own money to get started as a wholesaler 3.) Your credit rating is NOT a factor, it NEVER even comes into play!
And if that’s not enough to get you totally excited about real estate wholesaling then the potential of earning a realistic high 6 and 7 figure income should push you right over top!
Now for some sobering news. Although real estate wholesaling can make you fabulously wealthy as an investor, it’s “no free lunch”. What I mean is, there is a good deal to learn about real estate wholesaling first. You must first do your homework and prepare yourself for the wholesaling road ahead.
You must first familiarize yourself with the “business model” of wholesaling real estate. There are a few key areas that surrounds a typical real estate wholesale deal that you MUST understand thoroughly and then implement successfully to make this wholesaling machine work properly and profitably.
At the very least you should understand the following wholesale deal related procedures:
- Learning your market – Finding Investors so you can wholesale your properties – How to “talk to your investors” intelligently – How to find Great deals on wholesale priced property – How to make purchase offers on property – How to structure the wholesale deal between the buyers and the sellers – How to write a wholesale deal sales contract – How to use private money and Hard money to your advantage – How to calculate Repair cost to distressed property – How to use assignment contracts – How to build a “killer” investor buyers list – How and where to market your wholesaling business for the world to see!
These are just a few of the many different facets that make up a completed real estate wholesale deal! There really are few things that you must thoroughly understand and then be implementing to make this business work right fro m the gate.
I get really upset, no that’s not strong enough, I get fuming pissed-off when I see all of the pretend experts and fake gurus out there pumping false information to unassuming victims who buy-in to these crooks lies!
I remember when I first got into the wholesale business, I spent a lot of money chasing a few of these individuals to the ends of the earth only to find out that I had been scammed! Only to wake up one day and realize that my money had been stolen from me, and that I was right back where I had originally started. With no real direction on which way to go as a real estate investor want-to-be, and not knowing who to trust to get me where I wanted to go.
It wasn’t until I met the one person who was true a practicing real estate wholesaler that the “light-bulb” finally came on for me. It took me finding an “honest to god” real wholesaler to show me the ropes to make real sense of this business we call wholesaling. And then within a very short time I was wholesaling my **** off banking BIG money, and having the time of my life in the process! All it took was some Real direction from someone who was an expert and from someone who truly cared about my success as much as I did!
Real estate wholesaling is no different than any other business that you get into. You must understand how it really works first! Or, its never going to make you any money. I have started and operated 13 different companies over the last 25 years and I am speaking from pure experience when I’m telling you this! I learned the hard way, but you do not have too!
You can learn a lot from avoiding the same mistakes that other before you have made. You can save so much time and money learning from other peoples mistakes. By listening to what other successful investors have to tell you about their learning experiences, you can avoid 90% or more of the typical mistakes that most “Newbies will make. And you will make mistakes!
Wholesaling real estate is an awesome vehicle to FAST CASH! A successful wholesaler can make $ 250,000.00 to $ 1,000,000.00 %2B per year! A “Luke warm” wholesaler can easily make $ 75,000.00 to $ 100,000.00 a year. The money is there if you know how to wholesale correctly. But its a business, not a hobby. And to do it right you need to know how to setup the business correctly, and then run the business correctly, or it ain’t going to work, meaning, you ain’t going to make much money! Sorry, but that’s a fact jack!
I specialize in helping new and some seasoned investors break into the real estate wholesaling business “hardcore and full time”, and do it the right way the first time.
Visit: www.FAQMentor.com for 20 FREE Real estate wholesaling FAQ’S!
You’re all excited and fired up about getting started in real estate investing! You have chosen to specialize in real estate wholesaling, CONGRATULATIONS! You have chosen the absolute BEST real estate investing vehicle available to new investors!
Why is it the best? Its best for a lot of reasons but the 3 best reasons to wholesale real estate are:
1.) There is Zero Risk involved with this type of investing. 2.) You need none of your own money to get started as a wholesaler 3.) Your credit rating is NOT a factor, it NEVER even comes into play!
And if that’s not enough to get you totally excited about real estate wholesaling then the potential of earning a realistic high 6 and 7 figure income should push you right over top!
Now for some sobering news. Although real estate wholesaling can make you fabulously wealthy as an investor, it’s “no free lunch”. What I mean is, there is a good deal to learn about real estate wholesaling first. You must first do your homework and prepare yourself for the wholesaling road ahead.
You must first familiarize yourself with the “business model” of wholesaling real estate. There are a few key areas that surrounds a typical real estate wholesale deal that you MUST understand thoroughly and then implement successfully to make this wholesaling machine work properly and profitably.
At the very least you should understand the following wholesale deal related procedures:
- Learning your market – Finding Investors so you can wholesale your properties – How to “talk to your investors” intelligently – How to find Great deals on wholesale priced property – How to make purchase offers on property – How to structure the wholesale deal between the buyers and the sellers – How to write a wholesale deal sales contract – How to use private money and Hard money to your advantage – How to calculate Repair cost to distressed property – How to use assignment contracts – How to build a “killer” investor buyers list – How and where to market your wholesaling business for the world to see!
These are just a few of the many different facets that make up a completed real estate wholesale deal! There really are few things that you must thoroughly understand and then be implementing to make this business work right fro m the gate.
I get really upset, no that’s not strong enough, I get fuming pissed-off when I see all of the pretend experts and fake gurus out there pumping false information to unassuming victims who buy-in to these crooks lies!
I remember when I first got into the wholesale business, I spent a lot of money chasing a few of these individuals to the ends of the earth only to find out that I had been scammed! Only to wake up one day and realize that my money had been stolen from me, and that I was right back where I had originally started. With no real direction on which way to go as a real estate investor want-to-be, and not knowing who to trust to get me where I wanted to go.
It wasn’t until I met the one person who was true a practicing real estate wholesaler that the “light-bulb” finally came on for me. It took me finding an “honest to god” real wholesaler to show me the ropes to make real sense of this business we call wholesaling. And then within a very short time I was wholesaling my **** off banking BIG money, and having the time of my life in the process! All it took was some Real direction from someone who was an expert and from someone who truly cared about my success as much as I did!
Real estate wholesaling is no different than any other business that you get into. You must understand how it really works first! Or, its never going to make you any money. I have started and operated 13 different companies over the last 25 years and I am speaking from pure experience when I’m telling you this! I learned the hard way, but you do not have too!
You can learn a lot from avoiding the same mistakes that other before you have made. You can save so much time and money learning from other peoples mistakes. By listening to what other successful investors have to tell you about their learning experiences, you can avoid 90% or more of the typical mistakes that most “Newbies will make. And you will make mistakes!
Wholesaling real estate is an awesome vehicle to FAST CASH! A successful wholesaler can make $ 250,000.00 to $ 1,000,000.00 %2B per year! A “Luke warm” wholesaler can easily make $ 75,000.00 to $ 100,000.00 a year. The money is there if you know how to wholesale correctly. But its a business, not a hobby. And to do it right you need to know how to setup the business correctly, and then run the business correctly, or it ain’t going to work, meaning, you ain’t going to make much money! Sorry, but that’s a fact jack!
I specialize in helping new and some seasoned investors break into the real estate wholesaling business “hardcore and full time”, and do it the right way the first time.
Visit: www.FAQMentor.com for 20 FREE Real estate wholesaling FAQ’S!
Best Wholesale Deals – Benefit of Buying Wholesale and Starting Your Own Business
Steve Oneskms asked:
Whether you already have a business or you want to start a business of your own, you can benefit by purchasing products or supplies that are needed through wholesalers. Buying wholesale is a great idea, and wholesalers have much to offer businesses today. However, it is important that you understand what a wholesaler actually is, the benefits if buying wholesale, and how you can start your own business with wholesale products. First of all, you may be wondering what a wholesaler is. Basically they are a company that acts as a person in between the manufacturer and yourself. Wholesalers have huge amounts of stock and this allows them to charge you prices that are low for the products that you need. However, you will want to purchase fairly large quantities if you want to get the best competitive prices. Going with wholesale products from wholesalers is a great way to get a deal, especially if you are not already dealing directly with a manufacturer.
Benefits of Buying Wholesale
If you decide to go looking for the best wholesale deals, you’ll no doubt find that there are many great benefits to buying wholesale. Here are just a few of the great benefits you’ll enjoy when you decide to make your purchases from wholesalers today.
- Benefit #1 – Get a Better Price – One of the main benefits that you’ll enjoy when purchasing products wholesale is that you will be able to save quite a bit of money. Most of the time you’ll get a much better price when purchasing from wholesalers. The more goods that you purchase, the better the price will be for you. However, even if you are a smaller business just getting started, you can still save by purchasing your products through wholesalers.
- Benefit #2 – Purchase in Larger Quantities – Buying wholesale allows you to purchase larger quantities of items as well, and when you purchase more items, you’ll find that you get a much better deal on them. However, some companies may have a minimum amount that you have to purchase in order to get the best deal. Purchasing large quantities of products can be beneficial to you and to the wholesaler as well. So, if you want to find the best wholesale deals, purchasing large quantities will help you find them.
- Benefit #3 – Ask for Better Discounts – Although you’re already saving when you buy products and supplies wholesale, you may be able to save even more money. How? Well, you can actually ask for a better discount. If you become a good customers with a wholesaler and you purchase quite a few goods from them, just by asking they may be willing to give you an ever better deal, so it is worth a try.
- Benefit #4 – Great for Starting Your Own Business – Another great benefit of buying wholesale is that it is a great way to help you start your own business. It can make start up costs much lower for you, which can be a huge help when you’re trying to get your business off the ground. You may even want to start up a business that centers around selling the wholesale products that you purchase for profit.
It is definitely easy to see that there are many wonderful benefits to using wholesalers and finding the best wholesale deals. You can save money, get large quantities of products, and even start your own business. So, whether you own a business already or you want to start one of your own, going with wholesale products is an excellent idea that you will want to use.
Starting a Business Using Wholesale Products
Speaking of businesses, if you are considering starting up a business to try and earn some extra income to have better financial security, you may want to consider getting involved in wholesale products. Finding great wholesale deals can help you easily start up a business of your own and be successful at it.
If you want to go into business on your own, one great way to get started is to research wholesale stock and purchase it for low prices, then selling it through a variety of different outlets for profit. It is easy to buy up great products at wholesale prices and then sell them to others for profit, on sites such as eBay. The better the deals are on the stock that you buy the more profit that you’ll be able to make, so finding the best wholesale deals is important.
Even if you’ve never had your own business before, starting up a business using wholesale products is easy for anyone. Simply find great deals on wholesale products and sell them to make a profit and you’ll be on your way to having the extra income that you’ve been wanting. If you do plan on getting into this type of business, probably one of the best sites that will help you is eBay. You’ll be able to find great wholesale deals on the site and you can also sell your products their too.
So, if you’re looking for a rewarding home business you can run yourself that will be rewarding and lucrative, it’s time to consider selling wholesale products. If you find the best wholesale deals, you’ll be able to make a nice profit. This is a business opportunity that has high profit margins, flexibility, and it is low risk. If you’re tired of constantly stretching your money to make ends meet, then this is a great idea for you to try.
Whether you already have a business or you want to start a business of your own, you can benefit by purchasing products or supplies that are needed through wholesalers. Buying wholesale is a great idea, and wholesalers have much to offer businesses today. However, it is important that you understand what a wholesaler actually is, the benefits if buying wholesale, and how you can start your own business with wholesale products. First of all, you may be wondering what a wholesaler is. Basically they are a company that acts as a person in between the manufacturer and yourself. Wholesalers have huge amounts of stock and this allows them to charge you prices that are low for the products that you need. However, you will want to purchase fairly large quantities if you want to get the best competitive prices. Going with wholesale products from wholesalers is a great way to get a deal, especially if you are not already dealing directly with a manufacturer.
Benefits of Buying Wholesale
If you decide to go looking for the best wholesale deals, you’ll no doubt find that there are many great benefits to buying wholesale. Here are just a few of the great benefits you’ll enjoy when you decide to make your purchases from wholesalers today.
- Benefit #1 – Get a Better Price – One of the main benefits that you’ll enjoy when purchasing products wholesale is that you will be able to save quite a bit of money. Most of the time you’ll get a much better price when purchasing from wholesalers. The more goods that you purchase, the better the price will be for you. However, even if you are a smaller business just getting started, you can still save by purchasing your products through wholesalers.
- Benefit #2 – Purchase in Larger Quantities – Buying wholesale allows you to purchase larger quantities of items as well, and when you purchase more items, you’ll find that you get a much better deal on them. However, some companies may have a minimum amount that you have to purchase in order to get the best deal. Purchasing large quantities of products can be beneficial to you and to the wholesaler as well. So, if you want to find the best wholesale deals, purchasing large quantities will help you find them.
- Benefit #3 – Ask for Better Discounts – Although you’re already saving when you buy products and supplies wholesale, you may be able to save even more money. How? Well, you can actually ask for a better discount. If you become a good customers with a wholesaler and you purchase quite a few goods from them, just by asking they may be willing to give you an ever better deal, so it is worth a try.
- Benefit #4 – Great for Starting Your Own Business – Another great benefit of buying wholesale is that it is a great way to help you start your own business. It can make start up costs much lower for you, which can be a huge help when you’re trying to get your business off the ground. You may even want to start up a business that centers around selling the wholesale products that you purchase for profit.
It is definitely easy to see that there are many wonderful benefits to using wholesalers and finding the best wholesale deals. You can save money, get large quantities of products, and even start your own business. So, whether you own a business already or you want to start one of your own, going with wholesale products is an excellent idea that you will want to use.
Starting a Business Using Wholesale Products
Speaking of businesses, if you are considering starting up a business to try and earn some extra income to have better financial security, you may want to consider getting involved in wholesale products. Finding great wholesale deals can help you easily start up a business of your own and be successful at it.
If you want to go into business on your own, one great way to get started is to research wholesale stock and purchase it for low prices, then selling it through a variety of different outlets for profit. It is easy to buy up great products at wholesale prices and then sell them to others for profit, on sites such as eBay. The better the deals are on the stock that you buy the more profit that you’ll be able to make, so finding the best wholesale deals is important.
Even if you’ve never had your own business before, starting up a business using wholesale products is easy for anyone. Simply find great deals on wholesale products and sell them to make a profit and you’ll be on your way to having the extra income that you’ve been wanting. If you do plan on getting into this type of business, probably one of the best sites that will help you is eBay. You’ll be able to find great wholesale deals on the site and you can also sell your products their too.
So, if you’re looking for a rewarding home business you can run yourself that will be rewarding and lucrative, it’s time to consider selling wholesale products. If you find the best wholesale deals, you’ll be able to make a nice profit. This is a business opportunity that has high profit margins, flexibility, and it is low risk. If you’re tired of constantly stretching your money to make ends meet, then this is a great idea for you to try.
Do I Need Good Credit To Wholesale Houses?
November 5, 2009 by admin
Filed under Real Estate
Eddie Case asked:
You need not worry about your credit rating when wholesaling because it NEVER enters into the picture for this type of real estate deal! As a wholesaler you are never going to need to qualify for a mortgage.
Wholesalers either \”double close\” on their wholesale deals or they \”assign\” their contracts to their investor/buyers eliminating the need to ever fill out a credit application!
Since the majority of wholesale deals are funded with Private Money and not conventional funding, traditional credit based borrowing goes right out the window!
When \”Double closing a Wholesale deal only one loan package is used to close both sides of the deal. Your Buying from a motivated seller and then your selling back to your Investor/Buyer with the same money, (using it twice!). So the ONLY person who needs to give credit info is your Investor/Buyer, because he is ultimately one the one who is on the \”hook\” for the financing with the private lender, NOT YOU!
SO YOU DON\”T HAVE TO GET YOUR CREDIT PULLED! YOUR CREDIT DOES NOT MATTER ONE BIT because your not the one repaying the loan!
What other style of real estate investing allows you to control hundreds of thousands of dollars of real estate deals even if you have \”Bad Credit\”?! NONE that I know of!
Also, because most wholesale deals revolve around Private Funding, there is NO CREDIT AGENCY REPORTING! This is because the \”Private Lenders do not report to the agencies. So your buyers credit rating NEVER shows any new loans on their credit report!
This helps your Investor Buyers credit rating because their debt to income ratio never changes even though they may have placed several hundred thousand dollars worth of mortgages with the Private Lenders.
This means your investor buyer never looks like his credit limit is over extended! Your buyer can still borrow more money from other hard money lenders anytime he wants, in turn, he can still buy more deals from you!
But, if YOU have blemished credit, YOU can still invest heavily in real estate as a real estate wholesaler. You can start TODAY!
More free FAQ videos here:FAQMentor.com
You need not worry about your credit rating when wholesaling because it NEVER enters into the picture for this type of real estate deal! As a wholesaler you are never going to need to qualify for a mortgage.
Wholesalers either \”double close\” on their wholesale deals or they \”assign\” their contracts to their investor/buyers eliminating the need to ever fill out a credit application!
Since the majority of wholesale deals are funded with Private Money and not conventional funding, traditional credit based borrowing goes right out the window!
When \”Double closing a Wholesale deal only one loan package is used to close both sides of the deal. Your Buying from a motivated seller and then your selling back to your Investor/Buyer with the same money, (using it twice!). So the ONLY person who needs to give credit info is your Investor/Buyer, because he is ultimately one the one who is on the \”hook\” for the financing with the private lender, NOT YOU!
SO YOU DON\”T HAVE TO GET YOUR CREDIT PULLED! YOUR CREDIT DOES NOT MATTER ONE BIT because your not the one repaying the loan!
What other style of real estate investing allows you to control hundreds of thousands of dollars of real estate deals even if you have \”Bad Credit\”?! NONE that I know of!
Also, because most wholesale deals revolve around Private Funding, there is NO CREDIT AGENCY REPORTING! This is because the \”Private Lenders do not report to the agencies. So your buyers credit rating NEVER shows any new loans on their credit report!
This helps your Investor Buyers credit rating because their debt to income ratio never changes even though they may have placed several hundred thousand dollars worth of mortgages with the Private Lenders.
This means your investor buyer never looks like his credit limit is over extended! Your buyer can still borrow more money from other hard money lenders anytime he wants, in turn, he can still buy more deals from you!
But, if YOU have blemished credit, YOU can still invest heavily in real estate as a real estate wholesaler. You can start TODAY!
More free FAQ videos here:FAQMentor.com
Columbus Wholesale Investment Property – is it Safe to Buy?
November 1, 2009 by admin
Filed under Real Estate
Eric J. Pifer asked:
Over the past several months the ‘chicken-little’ syndrome has befallen us and a lot of smart people have lost their sense and think that the sky is falling. Don’t get me wrong there are some areas in the country in which I would not currently choose to buy investment property.
However, in my opinion, Columbus Ohio does not fall into this category. I would actually say comparatively it is a safe bet and if you’re looking to pick up cheap wholesale houses, why not do it when everything is on sale!
Why is Ohio’s capital city a safe area to invest in wholesale property?
According to PMI Group, a leading mortgage insurer and finance company of over 30 years, Columbus Ohio is one of the top 10 safest cities to buy investment property. PMI recently released their fall 2008 risk index, in which they listed the top 10 safest and the top 10 riskiest areas to invest.
They rated Columbus Ohio property as having a less than 1% chance for declining prices over the next 2 years, whereas the worst on the list have an over 99% chance of falling prices.
In addition Forbes magazine listed Columbus Ohio as one of the top 10 places to live well. This translates to Columbus being a great place to live with a lower cost of living, which in turn makes it a more attractive place for those looking for opportunity in an economic downturn.
Columbus Ohio also made the top 10 list of CNN Money Magazine for best cities to live. It is not only attractive because of affordability but it is also a desirable place to live because of what the city has to offer. This should be good news to landlords and retailers alike.
So if the metropolitan area is so great why are there so many good deals?
Columbus has been affected by the housing market ‘bubble’ to some degree. The current foreclosure crisis and falling prices have given way to an influx of great investment deals that are hitting the market. This has provided opportunity for investors to purchase great wholesale deals for pennies on the dollar.
With a minimal chance of further decline in real property prices it would appear as though we are reaching the bottom here in Columbus.
More silver lining in a weak economy…
Materials costs are plunging and contractors are begging for work. Therefore any investment property picked up at a great price especially at wholesale price has even more inherent potential profit. This is due to the fact that with materials down and contractors desperately seeking work the cost of rehabbing distressed properties has fallen as well.
Ohio’s capital city is certainly a great place to pick up wholesale investment property at a significant discount. So landlords (buy and hold investors,) rehabbers (retailers) and just plain bargain hunters are all certain to profit or benefit.
During a time when everyone is losing money as a direct result of fear, be sure to use analytical reasoning in deciding on your financial health rather than emotion fueled by the media.
For the ultimate in wholesale investment property and related material check out: ColumbusWholesaleHouses.com
Over the past several months the ‘chicken-little’ syndrome has befallen us and a lot of smart people have lost their sense and think that the sky is falling. Don’t get me wrong there are some areas in the country in which I would not currently choose to buy investment property.
However, in my opinion, Columbus Ohio does not fall into this category. I would actually say comparatively it is a safe bet and if you’re looking to pick up cheap wholesale houses, why not do it when everything is on sale!
Why is Ohio’s capital city a safe area to invest in wholesale property?
According to PMI Group, a leading mortgage insurer and finance company of over 30 years, Columbus Ohio is one of the top 10 safest cities to buy investment property. PMI recently released their fall 2008 risk index, in which they listed the top 10 safest and the top 10 riskiest areas to invest.
They rated Columbus Ohio property as having a less than 1% chance for declining prices over the next 2 years, whereas the worst on the list have an over 99% chance of falling prices.
In addition Forbes magazine listed Columbus Ohio as one of the top 10 places to live well. This translates to Columbus being a great place to live with a lower cost of living, which in turn makes it a more attractive place for those looking for opportunity in an economic downturn.
Columbus Ohio also made the top 10 list of CNN Money Magazine for best cities to live. It is not only attractive because of affordability but it is also a desirable place to live because of what the city has to offer. This should be good news to landlords and retailers alike.
So if the metropolitan area is so great why are there so many good deals?
Columbus has been affected by the housing market ‘bubble’ to some degree. The current foreclosure crisis and falling prices have given way to an influx of great investment deals that are hitting the market. This has provided opportunity for investors to purchase great wholesale deals for pennies on the dollar.
With a minimal chance of further decline in real property prices it would appear as though we are reaching the bottom here in Columbus.
More silver lining in a weak economy…
Materials costs are plunging and contractors are begging for work. Therefore any investment property picked up at a great price especially at wholesale price has even more inherent potential profit. This is due to the fact that with materials down and contractors desperately seeking work the cost of rehabbing distressed properties has fallen as well.
Ohio’s capital city is certainly a great place to pick up wholesale investment property at a significant discount. So landlords (buy and hold investors,) rehabbers (retailers) and just plain bargain hunters are all certain to profit or benefit.
During a time when everyone is losing money as a direct result of fear, be sure to use analytical reasoning in deciding on your financial health rather than emotion fueled by the media.
For the ultimate in wholesale investment property and related material check out: ColumbusWholesaleHouses.com
Real Estate Wholesale Deals
October 12, 2009 by admin
Filed under Real Estate
NC Real Estate asked:
Welcome to Buy NC Real Estate Deals.com, your place on the net for deeply discounted investment properties in North Carolina.
Our specialty is finding great real estate investment deals so you don’t have too. We buy and sell real estate, which includes houses, lots, multifamily units, and commercial buildings in any condition or location in North Carolina.
We buy many properties at reduced market value, so after repairs and renovations, it can be listed at a retail price that is within the comparables of the neighborhood. By having renovated over 100 homes, we have the skill set to negotiate better than a lot of investors. Buying, selling, and renvoting is our full time business. We are an established company, get referrals, and are always marketing, which means we get more properties than we can handle. Instead of letting them sit there until we can get to them, it is best for us to wholesale the deal, so someone else can make money on the property.
We buy and sell in many locations and we have a large buyer list, but there are times, we do not have the manpower to handle all of the properties we receive, nor do our buyers. By networking and having many relationships with other investors, we can all benefit based on what each one of us has going on at the time. We will pass deals on to you, thus saving you time, money, and marketing costs.
Most of our investors say they can NEVER find the kind of deals we offer on their own.
If you want great properties, with equity or cash flow, fill out our form and tell us what would be the ideal property for you. Most of our properties do not get posted because we move them so quickly.
Our properties move so fast that they rarely even make it to this website before they are sold to one of our investors. To be notified quickly of our next available wholesale property please complete our VIP Buyers List!
Join Our VIP Buyers List Now! There’s no cost or obligation and you’ll be the first to know about our investment properties as soon as they become available.
Buying, Selling, Wholesaling, Flipping Real Estate in North Carolina Since 2003.
Welcome to Buy NC Real Estate Deals.com, your place on the net for deeply discounted investment properties in North Carolina.
Our specialty is finding great real estate investment deals so you don’t have too. We buy and sell real estate, which includes houses, lots, multifamily units, and commercial buildings in any condition or location in North Carolina.
We buy many properties at reduced market value, so after repairs and renovations, it can be listed at a retail price that is within the comparables of the neighborhood. By having renovated over 100 homes, we have the skill set to negotiate better than a lot of investors. Buying, selling, and renvoting is our full time business. We are an established company, get referrals, and are always marketing, which means we get more properties than we can handle. Instead of letting them sit there until we can get to them, it is best for us to wholesale the deal, so someone else can make money on the property.
We buy and sell in many locations and we have a large buyer list, but there are times, we do not have the manpower to handle all of the properties we receive, nor do our buyers. By networking and having many relationships with other investors, we can all benefit based on what each one of us has going on at the time. We will pass deals on to you, thus saving you time, money, and marketing costs.
Most of our investors say they can NEVER find the kind of deals we offer on their own.
If you want great properties, with equity or cash flow, fill out our form and tell us what would be the ideal property for you. Most of our properties do not get posted because we move them so quickly.
Our properties move so fast that they rarely even make it to this website before they are sold to one of our investors. To be notified quickly of our next available wholesale property please complete our VIP Buyers List!
Join Our VIP Buyers List Now! There’s no cost or obligation and you’ll be the first to know about our investment properties as soon as they become available.
Buying, Selling, Wholesaling, Flipping Real Estate in North Carolina Since 2003.
What Is A Real Estate Wholesale Deal?
September 30, 2009 by admin
Filed under Real Estate
Eddie Case asked:
Real Simple! Here is how a wholesale deal makes you and I quick money deal after deal! Let\’s break it down!
First: You find a motivated seller, Someone who really needs to sell badly. You make a wholesale priced offer (usually 40 to 60 cents on the dollar) and get that property under contract with that seller. In this example we will say that the house\’s fair market value is $ 100,000.00 and we got the seller to agree to sell it to us for
$ 50,000.00. We have it under contract for 50 cents on the dollar!
Second: You find a buyer that wants to purchase the property you just put under contract with the motivated seller, and he agrees to buy it from us for let\’s say $ 60,000.00. He realizes that he is getting a 100K property for 60 cents on the dollar and that he is getting a great deal on a property worth 100K when fixed up!
Third: We then go to closing and we buy it for 50K from the motivated seller and complete that transaction. Then, we turn right around immediately and resell that same property to our buyer that we found who wants to buy the property from us at 60K and complete that transaction.
So, what have we done: We paid 50K for the house and we turned right around and sold the house for 60K the SAME DAY, and we make a quick $ 10,000.00! This was a win-win-win deal for all parties involved, and here\’s why:
1.) The original seller unloaded a problem house and moved on with their life!
2.) Our buyer just bought a GREAT piece of real estate at a wholesale price that he will now rent for cash flow or fix and resell at a nice profit.
3.) And you (the wholesaler) pocketed $ 10,000.00 for combining a motivated seller with a motivated real estate investor buyer!
****Today\’s Free FAQ video here? FAQMentor.com
Real Simple! Here is how a wholesale deal makes you and I quick money deal after deal! Let\’s break it down!
First: You find a motivated seller, Someone who really needs to sell badly. You make a wholesale priced offer (usually 40 to 60 cents on the dollar) and get that property under contract with that seller. In this example we will say that the house\’s fair market value is $ 100,000.00 and we got the seller to agree to sell it to us for
$ 50,000.00. We have it under contract for 50 cents on the dollar!
Second: You find a buyer that wants to purchase the property you just put under contract with the motivated seller, and he agrees to buy it from us for let\’s say $ 60,000.00. He realizes that he is getting a 100K property for 60 cents on the dollar and that he is getting a great deal on a property worth 100K when fixed up!
Third: We then go to closing and we buy it for 50K from the motivated seller and complete that transaction. Then, we turn right around immediately and resell that same property to our buyer that we found who wants to buy the property from us at 60K and complete that transaction.
So, what have we done: We paid 50K for the house and we turned right around and sold the house for 60K the SAME DAY, and we make a quick $ 10,000.00! This was a win-win-win deal for all parties involved, and here\’s why:
1.) The original seller unloaded a problem house and moved on with their life!
2.) Our buyer just bought a GREAT piece of real estate at a wholesale price that he will now rent for cash flow or fix and resell at a nice profit.
3.) And you (the wholesaler) pocketed $ 10,000.00 for combining a motivated seller with a motivated real estate investor buyer!
****Today\’s Free FAQ video here? FAQMentor.com
How to Wholesale a Hot Smoking Deal for 5 Figure Profits
September 28, 2009 by admin
Filed under Real Estate
Karen Roberts asked:
5 Figure Assignment Fees may be hard for some people to believe in today’s Real Estate Market. Believe it or not, they are still out there for the active, persistent and methodical real estate investors, even the first-timers!
Wholesaling
Wholesaling is the art of finding and assigning properties. It can be so appealing to new investors because there is very little cash required to support these types of deals and credit is not an issue. A new investor requires only a small amount of cash to cover earnest money deposits, advertising, etc.things like this.
Discover your mission, vision, or purpose in life.
Spend some time envisioning the type of lifestyle that fits your family and personality traits. Then begin to realistically set your goals based upon the vision.
Remember the basics about goals – they should be SMART GOALS.
S-pecific
M-easurable
A-ttainable
R- ealistic
T-imely
Aim for what really matters to you. Discover your mission/vision/purpose. and teach yourself how to set and persist to achieve your goals. To manage time effectively track your tasks consistently, so that you don’t waste time on non income producing activities. Visualize and focus on your goals daily to ensure that your actions reflect that which pertains to your goals.
What tools do you need?
The basic tools that you will need as a new wholesale investor are these:
Cell phone - (preferably a PDA) with unlimited minutes, you’ll need them! This will help you to organize your tasks, records, phone numbers and synchronize with your computer. Computer - researching data comps and for marketing your wholesale deals Printer - print out contracts, contracts and any documents Camera - this is an absolute must have for creating your e-flyers to mail our to your database to sell your deal Contracts / Agreements Fax Machine Filing Cabinet – you’ll need this too.
As your business evolves, you’ll reach a point where you will find other tools and gadgets that increase your productivity and your profits.
How to find deals:
There are many places to you can locate deals and here is a list a few of them:
Vacant Houses Title Companies Home Inspectors REIA Clubs FSBO’s Bankruptcy Attorneys Homeowners Associations Burned out Landlords Bail Bondsmen Code Enforcers Hard Money Lenders Meter Readers Waste Management Divorce Attorneys Probate/Trustees Tax Offices Garage Sales Estate Sales
** Every time you go for a ride, take a different route to get to know your neighborhood, the properties, comps, vacants and utility workers.
Once you’ve made contact with a truly motivated seller- you’ll make them an offer on that property based on the comps, repairs and your desired profit.
Quick Calculation of the Maximum Acceptable Offer: (MAO)
MAO = (ARV x .65) – RC – CC – AF
ARV = After Repair Value
RC = Repair Cost
CC = Carrying Costs
AF = Assignment Fee
Assigning The Contract
The most important thing to do here….in the money step is to be very clear that you’ve contracted to purchase the property as “your name….and/or assigns”: By placing and/or assigns after your name, you’ve ensured your ability to assign the deal to an end buyer. Although a contract is usually assignable unless otherwise stated, I would **** for you to fall down on the money step by leaving it to happenstance. Once you have an executed purchase agreement with the motivated seller that contacted you and you’ve negotiated a hot, smoking deal with your and/or assigns on that top line…you are ready to find your buyer.
Note: In my contracts, “and / or assigns” is a part of the agreement along with the following clause.
Buyer shall receive a key within 48 hours and be granted access to the property to allow partners and contractors to evaluate it as needed. If the seller is still living in the house, I request access on pre-arranged days and times. When they won’t be there and this allows me to get my investors in to see the property.
How to help your buyers see the value in your deal
I try to make it as easy as possible for my buyers to access, evaluate and purchase my wholesale deal by doing the following. By having my contractor to come out and submit an estimate on the needed repairs (on his professional letterhead) can save my buyer/investor a great deal of time and guesswork and I also ask my real estate agent for some accurate comps on the subject property. Even though I encourage every buyer/investor to pull their own comps, perform their own due diligence, I’ve found that by doing these things, they are steps that aid in the process of assigning the deal.
So at this point, you’re so close to that meeting with your bank teller right? …hang on!
At this stage, you have the property under contract, you’ve got your estimate(s) for the repairs, comparables, photos, and you’ve got access to the property and your blank assignment of contact in your hot little hands. You’ve done a lot and you’re close.
How to Find a Buyer for your Deal
During this point, time is certainly of the essence and you’ve got to get your e-flyer made and sent out to your database, your craigslist ads, your for-sale-by-owner posts, directional arrows and a hard copy to bring to your local real estate investor club.
In my experience, they are many, many “wanna-be” investors that read book after book, attend seminars and invest within the confines of their minds. My advice to my students is to weed out the tire kickers from the decision makers, early on before they have a deal. Create a performing database. It doesn’t have to include many, many names…. just the ones that know a hot, smoking deal when they see one and that will perform when the times comes to do so.
What day is it? Now it’s payday!
Your end buyer / investor will be exchanging a signed assignment of contract with you for a fee. They are paying for the right to step into your place and fulfill the obligations that you and the seller have set forth.
Collect a deposit from your buyer as you hand over the purchase agreement and obtain a signed assignment of contract . This will help you to separate the decisive, action taking investors from those that have a case of paralysis of analysis. If your buyer is serious about moving forward, they will have the wherewithal to hand over a deposit in good faith thereof.
Since it’s your deal, you would be using your title company who is most knowledgeable and skilled in the art of wholesaling properties and the manner in which you operate your business. You will provide your title agent with instructions about the remaining funds that will be released to you upon settlement. If your title company is not able to release those funds to you at that time, it’ll be necessary to execute an addendum with your buyer.
An addendum attesting to the fact that you will be both be at the closing and the buyer ( your assignor) must pay you in the lobby immediately following the closing, along with a Notarized Memorandum of Agreement would help to protect your interest.
Assignment fees can be very lucrative in certain markets. On my very first wholesale deal- the assignment fee was $7,000 and I had never done it before….so not bad right? My third wholesale deal allowed for a $40,000 fee because it was a hot, smoking deal. The buyer, a contractor was thrilled to get that property so that he could rehab it and make his profit.
Hot, Smoking deals are out there….if you’re not paying attention, you’ll bump right in to one of them!
So, with that- see your vision, steady yourself, prepare with vigor and head in that direction with renewed energy, confidence and persistence…and remember to enjoy the journey.
Karen Roberts
5 Figure Assignment Fees may be hard for some people to believe in today’s Real Estate Market. Believe it or not, they are still out there for the active, persistent and methodical real estate investors, even the first-timers!
Wholesaling
Wholesaling is the art of finding and assigning properties. It can be so appealing to new investors because there is very little cash required to support these types of deals and credit is not an issue. A new investor requires only a small amount of cash to cover earnest money deposits, advertising, etc.things like this.
Discover your mission, vision, or purpose in life.
Spend some time envisioning the type of lifestyle that fits your family and personality traits. Then begin to realistically set your goals based upon the vision.
Remember the basics about goals – they should be SMART GOALS.
S-pecific
M-easurable
A-ttainable
R- ealistic
T-imely
Aim for what really matters to you. Discover your mission/vision/purpose. and teach yourself how to set and persist to achieve your goals. To manage time effectively track your tasks consistently, so that you don’t waste time on non income producing activities. Visualize and focus on your goals daily to ensure that your actions reflect that which pertains to your goals.
What tools do you need?
The basic tools that you will need as a new wholesale investor are these:
Cell phone - (preferably a PDA) with unlimited minutes, you’ll need them! This will help you to organize your tasks, records, phone numbers and synchronize with your computer. Computer - researching data comps and for marketing your wholesale deals Printer - print out contracts, contracts and any documents Camera - this is an absolute must have for creating your e-flyers to mail our to your database to sell your deal Contracts / Agreements Fax Machine Filing Cabinet – you’ll need this too.
As your business evolves, you’ll reach a point where you will find other tools and gadgets that increase your productivity and your profits.
How to find deals:
There are many places to you can locate deals and here is a list a few of them:
Vacant Houses Title Companies Home Inspectors REIA Clubs FSBO’s Bankruptcy Attorneys Homeowners Associations Burned out Landlords Bail Bondsmen Code Enforcers Hard Money Lenders Meter Readers Waste Management Divorce Attorneys Probate/Trustees Tax Offices Garage Sales Estate Sales
** Every time you go for a ride, take a different route to get to know your neighborhood, the properties, comps, vacants and utility workers.
Once you’ve made contact with a truly motivated seller- you’ll make them an offer on that property based on the comps, repairs and your desired profit.
Quick Calculation of the Maximum Acceptable Offer: (MAO)
MAO = (ARV x .65) – RC – CC – AF
ARV = After Repair Value
RC = Repair Cost
CC = Carrying Costs
AF = Assignment Fee
Assigning The Contract
The most important thing to do here….in the money step is to be very clear that you’ve contracted to purchase the property as “your name….and/or assigns”: By placing and/or assigns after your name, you’ve ensured your ability to assign the deal to an end buyer. Although a contract is usually assignable unless otherwise stated, I would **** for you to fall down on the money step by leaving it to happenstance. Once you have an executed purchase agreement with the motivated seller that contacted you and you’ve negotiated a hot, smoking deal with your and/or assigns on that top line…you are ready to find your buyer.
Note: In my contracts, “and / or assigns” is a part of the agreement along with the following clause.
Buyer shall receive a key within 48 hours and be granted access to the property to allow partners and contractors to evaluate it as needed. If the seller is still living in the house, I request access on pre-arranged days and times. When they won’t be there and this allows me to get my investors in to see the property.
How to help your buyers see the value in your deal
I try to make it as easy as possible for my buyers to access, evaluate and purchase my wholesale deal by doing the following. By having my contractor to come out and submit an estimate on the needed repairs (on his professional letterhead) can save my buyer/investor a great deal of time and guesswork and I also ask my real estate agent for some accurate comps on the subject property. Even though I encourage every buyer/investor to pull their own comps, perform their own due diligence, I’ve found that by doing these things, they are steps that aid in the process of assigning the deal.
So at this point, you’re so close to that meeting with your bank teller right? …hang on!
At this stage, you have the property under contract, you’ve got your estimate(s) for the repairs, comparables, photos, and you’ve got access to the property and your blank assignment of contact in your hot little hands. You’ve done a lot and you’re close.
How to Find a Buyer for your Deal
During this point, time is certainly of the essence and you’ve got to get your e-flyer made and sent out to your database, your craigslist ads, your for-sale-by-owner posts, directional arrows and a hard copy to bring to your local real estate investor club.
In my experience, they are many, many “wanna-be” investors that read book after book, attend seminars and invest within the confines of their minds. My advice to my students is to weed out the tire kickers from the decision makers, early on before they have a deal. Create a performing database. It doesn’t have to include many, many names…. just the ones that know a hot, smoking deal when they see one and that will perform when the times comes to do so.
What day is it? Now it’s payday!
Your end buyer / investor will be exchanging a signed assignment of contract with you for a fee. They are paying for the right to step into your place and fulfill the obligations that you and the seller have set forth.
Collect a deposit from your buyer as you hand over the purchase agreement and obtain a signed assignment of contract . This will help you to separate the decisive, action taking investors from those that have a case of paralysis of analysis. If your buyer is serious about moving forward, they will have the wherewithal to hand over a deposit in good faith thereof.
Since it’s your deal, you would be using your title company who is most knowledgeable and skilled in the art of wholesaling properties and the manner in which you operate your business. You will provide your title agent with instructions about the remaining funds that will be released to you upon settlement. If your title company is not able to release those funds to you at that time, it’ll be necessary to execute an addendum with your buyer.
An addendum attesting to the fact that you will be both be at the closing and the buyer ( your assignor) must pay you in the lobby immediately following the closing, along with a Notarized Memorandum of Agreement would help to protect your interest.
Assignment fees can be very lucrative in certain markets. On my very first wholesale deal- the assignment fee was $7,000 and I had never done it before….so not bad right? My third wholesale deal allowed for a $40,000 fee because it was a hot, smoking deal. The buyer, a contractor was thrilled to get that property so that he could rehab it and make his profit.
Hot, Smoking deals are out there….if you’re not paying attention, you’ll bump right in to one of them!
So, with that- see your vision, steady yourself, prepare with vigor and head in that direction with renewed energy, confidence and persistence…and remember to enjoy the journey.
Karen Roberts
What Type Of Financing Is Used To In A Real Estate Wholesale Deal, And Do I Need To Qualify?
September 15, 2009 by admin
Filed under Real Estate
Eddie Case asked:
Together, my partner and I have wholesaled a combined 450 Deals over the last 7 years. And the majority of these deals were funded either one of two different ways and they are:
1.) CASH ONLY DEALS. Where the Investor/Buyer brought all CASH to the closing to purchase the property. My FAVORITE type of buyer (cash is king:))!
2.) HARD MONEY (Private funding). Hard Money is \”private money\” meaning, there are no traditional institutional banking guidelines associated with the money. The money comes from private individuals who lend their own money directly to the wholesale buyer. The money is termed \”HARD MONEY\” because the point (4-10 points per deal) are high, and the interest rates are High (12- 20 %) and the term averages of ONLY 12 months! Now that\’s some HARD DANG money!
Hard money has some pretty \”harsh\” terms, but also has it\’s benefits! Here are a few of the GREAT benefits of using hard money as a real estate investor:
* Your deal is usually a true \”NO MONY DOWN\” deal! You can\’t beat that! Hard money lenders can lend you your:
a.) purchase price
b.) repairs costs
c.) all of your closing costs
And roll it all into one mortgage. Also, Hard Money Lenders do not require you to put the typical 10% to 20% down on the property you are purchasing (conventional banks do!)
* Hard money lenders will usually lend on any property regardless of its current condition, whereas most conventional lenders (Banks) will not!
* Hard Money Lender do not report to the Credit agencies! So your debt to income ratio is NEVER effected regardless of how many hard money loans you currently have open! This means you can do multiple deals at once using different hard money.
* A lot of hard money lenders will even give you 3-6 months after closing on the property before you need to make your 1st mortgage payment to them. This gives you time to repair the property and rent it or sell it before your 1st payment ever comes due! This really lowers traditional \”holding costs\” tremendously!
So as you can see, Hard Money has been specifically designed to accommodate the special needs of the real estate investor. Even though the money has \”hard\” terms, it works so well for real estate investors. Typically, most investors who borrow hard money only stay in the loan for an average of just 6 months, before either refinancing-out, or reselling the property in question.
We as the Real Estate Wholesaler, NEVER own anything long term. The longest we EVER own is a few hours during a \”double closing\” more on \”double closings\” some other time). And if we are \”assigning contracts\” we NEVER own at all.
So, we never have to \”Qualify for financing\”. When a deal is structured with a Hard Money Lender, and a \”double closing is going to get the deal done, the same Hard Money loan being used for the deal, will close both sides of the transaction (between You and the Original Seller AND You and your Investor/Buyer). So, only your Investor/Buyer needs to qualify with the Hard Money Lender for the deal! This is because your Investor/Buyer is the \”end user\” of the money and is the one guaranteeing the loan, NOT YOU! Case Dismissed!
More Free FAQ Video about wholesaling houses here? www.FAQMentor.com
Buying Wholesale Saves Retailers Money
Mitch Gleason asked:
Buying wholesale is the practice of purchasing goods in large quantities at a cheaper price to be sold at a retail store for a higher price. Almost anything can be purchased at a wholesale price if you purchase enough of the items. Depending on the company’s policy you may be able to purchase as little as five items and receive a wholesale price on each of the items. Then you can turn around and sell them in your retail store for a higher price to make a profit. That is what wholesale dealing and selling is all about.
Wholesale paper goods, such as envelopes of various sizes and shapes, copy machine paper, printer paper, notebook paper, colored paper, notebooks of every size shape and color, folders, flashcards and index cards, business cards, announcements and party invitations, three ring binders, note cards with matching envelopes and hanging file folders are all part of the wholesale paper goods that can be purchased through a wholesale dealer and then sold for retail prices making a profit for the retailer.
Paper companies or stationary retailers can be found both on the Internet and in the regular brick-and-mortar market place. Wholesale dealers allow these stationary and paper companies to purchase a variety of paper products and then they retailers pass the savings on to you in the form of sales so that you are enticed to purchase more because the prices are so low. It is the same thing with the retailers; they purchase more from the wholesalers because the prices are so low.
If you have a special occasion coming up such as a wedding, baby shower, open house, wedding shower, christening or any other special occasion, retailers will give you a price break for purchasing several stationary items at one time. This could include the invitations and the reply cards in addition to the seals or stickers and all the envelopes. The retail stationary store can offer you this discount because they themselves received a generous discount from the wholesale dealer.
Sometimes it’s best to skip the retail store and go directly to the wholesaler if you need to purchase a lot of stationary or paper goods for something such as a business or a school or in large special occasion like a large wedding of over 500 people or grand opening of your own business in which you’d like to send out announcements to everyone in a certain demographic, then it would be prudent to go directly to the wholesaler to save money by purchasing your stationary and paper goods at a wholesale costs. You’re only cutting out the middleman which in this case would be the retailer.
Wholesale dealers make their money by purchasing the paper products direct from the factory and then passing their savings on to you by allowing you to purchase in bulk so that you can make money in the retail paper business. Wholesalers purchase in truckloads to get their deep discounts in order to become wholesale dealers of paper goods and stationary items.
