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!

 

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.

Vikram Kumar asked:


It is totally undeniable that people visit a particular shop not thinking about shopkeeper’s need but concerning about their own needs. There are various methods available to shop for commercial items. You can look for a way by which there is possibility to avail a better bargain.

In today’s market, there are chances for you to make a better deal for different kinds of commercial items like outfits, handbags, make-up products, etc.

From the past few years, the stores that are available online are proving to be a paradise for the online visitors. It doesn’t matter whether the deal is online or offline! The profit generated from the deal is distributed between chains of people. This chain includes manufacturer, wholesale distributor, genuine retailers and individual customers.  

Here, manufacturer, retailer as well as individual customer avail a lion’s share of profit. But this is not always common with distributors. Absence of sufficient profit is quite common even while distributing commercial ladies items like wholesale fashion handbags.   

Being a smart distributor there is no question of making compromise with your business. But it is possible for you to enhance the margin of profit by visiting and dealing with a leading wholesale handbags and other accessories provider.   

If you are a distributor for wholesale fashion handbags and looking for a better means to enhance your share of profit then there is one option online that is rightly meant for you. Here we are talking about the best provider of wholesale handbags and other accessories online i.e. Huafu international trading corporation. 

It is one of the premier wholesale stores that are physically located in the New York City in the United States. Some of the special features due to which you can think to give priority to this site are provided to you below.

Ø      Wide range of products: with Huafu International Trading Corporation it is possible for you to easily get in touch with best collection of wholesale fashion handbags in the market. You can easily select wholesale handbags section wise with a better view on features and prices offered. You can select items even in alphabetical order as well.

Ø      Goodwill: Huafu International Trading Corporation possesses a very strong goodwill in the market. It is basically because of its best products and trust of customers that it is one of the most dignified companies present in the market.

Ø      Process Of shipping: you need not to worry about the delivery of the wholesale fashion handbags. It will offer you best shipping services ever. All kinds of orders are shipped out within 1-3 working days. Most of the cases, when there is ready stock the order are shipped out on the same day. It is fully assured that you will not face any kind of hassle in returning wrong or damaged items.

Ø      References: you can go for the best references available in the market regarding wholesale handbags. You can seek the help of market experts and other distributors on it. It is fully guaranteed that for a better wholesale deal most of them will recommend you the name of Huafu International Trading Corporation only. 

Brian Ducharme asked:


A wholesale is a very useful strategy in real estate investing. It may be the single fastest way to earn a profit in this business. Although it is a simple concept, it requires diligence if you want to make a lucrative living flipping houses, or for the sake of wholesale terminology, “flipping contracts.” A wholesale can be described as the selling of a contract for a fee. As an investor, there is nothing more important than fast cash. Here is how I perform an average wholesale deal. When I find a property in disrepair for a bargain price I am presented with a couple options. It is evident that the house is a good deal and once the repairs are completed the house will increase in value. The two options I am presented with are to either purchase the house myself and renovate it or to wholesale it. In most cases, I prefer to wholesale it and here are a few reasons why. Many rehab projects can take months to complete between the acquisition, renovation, and selling stages. Not to mention you will have to come up with thousands of dollars to complete the project. The average investor who is just getting started in real estate is not capable of executing this task.

On the other hand, a wholesale can be completed very quickly. It takes me approximately one month to perform a wholesale. Once I have found a good property that meets the criteria of a wholesale, I start contacting other investors I am networked with. I explain that I have found them a great rehab project and I am willing to assign them my contract to purchase the house for a fee. I typically call the same few investors every time so they understand my stipulations and are aware of the fees I charge. I usually charge an assignment fee within the range of five to ten thousand dollars.

 In order to successfully wholesale a property, a few things have to happen. First you have to find a property for a bargain price. Secondly you have to find someone (typically another investor) to purchase the property. You have to fill out a document known as an “assignment of contract” in order to be able to be paid from this transaction. There are many generic versions of this document available on the internet. I also provide a copy of the exact document I use in my manual that is available on my website. Lastly, the investor has to successfully purchase the property in order for you to receive a paycheck for structuring this deal. Your payment comes directly from the investor you wholesaled the house to. The investor is now paying ten thousand dollars more for the house if you charged a ten thousand dollar fee. When this deal is complete you have successfully been paid a large sum of money without putting forward any risk. You acted as a third party negotiator to the deal.

As you can see, there are many reasons why I love wholesaling properties. It is risk-free and it can be very lucrative. If I find several good deals at once, I am incapable of renovating every property at the same time. By using the technique of wholesaling I can continue to profit from every deal I encounter.

Dylan Sun asked:

Today is the era of wholesale buying and selling of products and services, and combined with the phenomenon of global sourcing and multinational purchasing, it tends to be a major business force in the world of today. There are various channels which are used for carrying out of wholesale deals and the activities of multinational purchasing and global sourcing tend to use these channels in the most effective way possible. Of course it goes without saying that one of the most widely used of these channels for wholesale trading of goods, multinational purchasing to find the best deals in the world, and global sourcing of roducts and services is the technology of the internet which has been made possible by tremendous advances in the era of science and technology.

The internet is a widely used medium which has become within the reach of most common people even in countries which were not considered very much advanced technically hitherto. This has given a very powerful and useful tool in the hands of companies and individuals interested in carrying out wholesale multinational purchasing and global sourcing of goods and services. The internet is a technology which has literally connected the world in the form of a network which is endless in its reach and expanse and hence is very effective tool which can be used for wholesale trading of items, global sourcing of goods and services, or carrying out multinational purchasing by buying from far off regions in the hope of getting good deals.

There are various advantages which the internet offers over the traditional brick and mortar methods of carrying out wholesale multinational purchasing and global sourcing activities. The first and the foremost advantage is the tremendous reach of the internet with the masses as compared to other forms of medium for such transactions involved in wholesale multinational purchasing and global sourcing. Agreed that the internet has not reach all people on this planet but still its use is expanding by the day and its role cannot be underestimated in studying the possible tools for activities such as wholesale trading of commodities over long distances, multinational purchasing by companies to save costs, and search for best quality deals in the form of global sourcing. In the days to come the use and role of the internet in dealings involving wholesale trade of products and commodities, multinational purchasing by companies based in the western world including US and Europe to China, and global sourcing for saving costs, is certainly going to be on the rise and will give better utilization of this immensely useful resource.

Eddie Case asked:

As a Real estate Wholesaler you are looking primarily for two resources to make this business run continually, and they are:

1.) Motivated sellers          2.) Investor/ Buyers

One without the other makes it impossible to Wholesale Real Estate, PERIOD! So how do we find the wholesale priced properties? Ready? We first have to find the MOTIVATED SELLERS. It\’s really just that easy, find motivated sellers and you have found all of the deeply discounted real estate you will ever need.

Motivated sellers are a unique breed of seller of real estate because they HAVE TO SELL their property FAST! There are a lot of different reasons that a seller is Motivated to sell such as:

* Divorce

* Foreclosure

* Illness

* Inherited an unwanted Estate Property (Probate deal)

* Loss of Job

* Sudden Job Transfer

* etc.

And many other reasons that cause an individual to become a motivated seller who needs to sell Immediately! But we ONLY want to deal with Motivated Sellers!

So we are really just looking for motivated sellers and NOT the real estate itself! If seller is NOT Motivated to sell at a deep discount, there is no way that you are going to talk that individual into selling you their property at a 40% to 60% of it\’s current fair market value! NO WAY AT ALL (would you?)! And wholesalers need to be buying at these values to make a TRUE wholesale deal work!

So how do we find MOTIVATED SELLERS is really the question of the day! There are many different ways to locate MOTIVATED SELLERS, and most of the methods of attracting motivated sellers revolves around the each wholesalers marketing strategies and the many different types of advertising campaigns that are implemented and run simultaneously, such as:

* Direct mailing postcard campaigns             * Internet Network Marketing

* Classified Advertising                                   * Bandit Sign Campaigns

*Internet-based classified advertising          * Billboards (advanced marketing technique)

* TV (advanced marketing technique)           * Radio (advanced marketing technique)

There are a lot of different ways to make your phone ring with motivated sellers! The pro\’s know that you do not chase motivated sellers around, you make them come to you and beat on your door! But one thing is for sure, if they don\’t know that you want to buy their property, they will never call you!

So there is no real magic for attracting motivated sellers other than good old fashioned marketing and advertising. I know many wholesalers who do nothing more than postcards and bandit signs, and do 2-4 deals every single month of the year. They are easily making high 5 and 6 Figure incomes each and every year!

So there you have it in a \”nutshell\”! Find the MOTIVATED SELLERS, and you have found the wholesale priced properties that all wholesalers need to be SUPER SUCCESSFUL!

More Free FAQ videos? FAQMentor.com

jefferson john babasa asked:

In commerce, wholesalers work as the middle man that makes sure that the products reach their end consumers by means of distributing the products through retailers. The process of wholesaling involves buying the products in large volumes from manufacturers then redistributes it to retailers which in-turn sells the products to the end consumers.

Wholesalers became popular with different business entities because it allows manufacturers to reach organizational buyers or retailers, and allow certain business buyers or retailers to purchase products which are otherwise impossible to purchase.

According to the 2002 census of wholesale trade made in the US, there are an over of 430,000 wholesale operations going around in the United States.

Before starting a wholesale business, one should know about the facts surrounding this line of business such as its benefits to other business entities. Wholesalers provide advantages that both the manufacturers and retailers can benefit from.

Benefits for the Retailers

Retailers benefit largely from wholesalers because of a few reasons such as:

An easier way to get their products.

Doesn’t require minimum order requirements.

Allows smaller retailers to compete with larger competitors.

Aside from wholesalers and distributors, manufacturers also sell their products directly to retailers but pass out a minimum order requirement for their products. Large retailers can easily go around this condition but smaller ones can have a hard time attempting to go around this constraint.

Retailers make use of wholesalers in the purpose of buying products which is otherwise impossible to buy straight from its manufacturers. Since wholesalers sell to a large number of buyers their order quantities may match those of large retailers thus allowing them to obtain lower prices from manufacturers. This in turn will give smaller retailers the advantage of buying the same product such as those that larger retailers are able to buy without the constraints that manufacturers pass out.

Also, by providing this kind of benefit, smaller retailers can easily compete with larger retailers. In this way transacting through wholesalers is often the only way certain retailers can stay in business.

Visit a wholesale clothing shop or online wholesale clothing shop to learn about how one can get their stock for their retail or wholesale business.

Benefits for the Manufacturer

Aside from retailers, manufacturers can also benefit from wholesalers as well because:

Wholesalers can provide manufacturers a wide array of retail outlets.

Opens new market possibility for the manufacturer.

Easily put new products out on the market.

As well as providing help for retailers to have access to products they cannot acquire, manufacturers can also benefit from wholesalers largely as it opens additional market opportunities for manufacturers. Since wholesalers deal with a number of retailers, manufacturers can broadly distribute their product throughout the country if not the world.

Another thing that manufacturers can benefit from wholesalers is that they can easily put out new products on the market. A few retailers rarely buy new products from manufacturers simply because retailers are not sure that this product could even sell. Wholesalers can provide help for manufacturers to distribute their product mainly because wholesaler can yield power with the smaller retailers convincing them to stock the new product.

Considering a wholesaler can serve hundreds of small retail customers, the marketing efforts required to persuade the wholesaler to adopt a new product may be far more efficient compared to efforts needed to convince individual store owners to stock the new product.

For wholesale clothing needs, visit any online wholesale clothing store or visit Seven Wholesale to learn how.

Problems that Wholesalers Face

One of the facts that anyone should know about wholesaling are the concerns that every wholesaler face. Though the wholesaling industry has served an important role in the distribution process and has grown significantly since its formation, the problems they face today have also grown as many wholesalers fight to maintain their market position. Among of those concerns include:

Location. Some wholesalers pay little attention on the location of their business, but smaller wholesalers face the problem of choosing the right location closer to their retailers. The cost of land on some parts of the world had risen so high that using those locations for a wholesale business may not seem reasonable. In addition to land costs, facility location is also affected by access to adequate transportation, such as roads, seaports, airports and rail terminals.  Areas with available land often lack the infrastructure needed to run wholesale facilities unless expensive and time-consuming improvements such as sufficient parking slots.

Transport. Associated with location is the cost of transport. Transportation cost had also begun to become a huge problem with a lot of wholesalers, especially the smaller ones. Because of the fuel problems happening throughout the world, wholesalers are having a difficult time in managing their expenses on the cost of shipping their stocks to their retailers. Transportation expense can represent a significant portion of overall distribution costs and these higher costs are often passed on to customers in the form of higher product prices. Because of this, wholesalers are often pressed to use technologies present today to assist them in managing their transport cost more efficiently such the use of fuel efficient transports; utilizing computer routing software to determine less costly delivery routes; and many more.

New Technologies. Adapting to new technologies that help in assisting in everyday processes are among of the most expensive part of growing a wholesale business to success. Utilizing these technologies, such as those mentioned above, can certainly help in managing a business, but this impose more expenses as these technologies doesn’t come cheap.

Disintermediation. Disintermediation is among of the major problems that wholesalers are facing right now, especially because of the internet. In economics, disintermediation is the removal of intermediaries in a supply chain or simply “cutting out the middleman”. Instead of going through traditional distribution channels, which had some type of intermediate, such as a distributor, wholesaler, broker, or agent, companies may now deal with every customer directly, for example via the Internet. Buyers bypass the middlemen, wholesalers or retailers, in order to buy directly from the manufacturer and thereby pay less. Take for example a wholesale clothing business: retailers could get less if they buy straightly from the manufacturer instead of getting their stock from a wholesale clothing store. In this situation if the manufacturer begins to offer direct purchasing to smaller customers the wholesaler may have little leverage in efforts to retain the retailer as a customer. In instances of disintermediation wholesalers face the challenge of creating greater value for their services, thus making the retailer’s decision to switch more difficult.

Wholesaling has become a huge trend in the world of commerce. Many individuals that owned a retail business are shifting their focus on starting a wholesale business. But be advised that wholesaling takes on a larger responsibility as you will be the one responsible for distributing the manufacturer’s product to the retailers and maintain your credibility with both the manufacturer and retailers. So before starting a wholesale business, make sure that you’ve made a clear and thorough study about the facts, the process, and the factors that affect the success of a wholesale business.

Check out what Seven Wholesale and its collection of wholesale clothing can provide a business of clothing retail store or wholesale clothing store.

J. J. Mangan asked:

How do I find buyers to sell my properties to?  That is the ultimate question in today’s buyers’ market.  Gone are the days of sticking a For Sale By Owner sign in the yard and receiving multiple offers within 24 hours.

No, today’s market dictates that you have a plentiful supply of ready buyers to whom you can sell your wholesale deals.  In this article, I’m going to show you some of the very best ways of locating wholesale buyers.  Generally, these will be buyers that are willing to pay cash for your deals.

One of the very best ways to find buyers is to figure out who has already bought similar property in your market.  To do this, you’ll need to find a list provider like RealQuest.com, MelissaData.com, or even the tax roll in your local county.  What you want to do is get a list of investor buyers that have purchased houses in the last 6 months within the area(s) where you want to sell wholesale deals.  These will be absentee owners for whom their mailing address differs from the property address.  You can use zip codes to narrow down the relevant area.  Once you obtain this list, mail everyone on the list a postcard.  Your postcard need not be anything fancy.  I like to use the U.S. Postal Service’s system available through Click2Mail.  Just send a simple card with message on the back of the card stating that you saw they bought a property in the area recently and wondered if they’d be interested in a deal you have available.  Drive them to a website squeeze page to capture their contact information (so you can add them to your email buyers’ list).  After they enter their info., direct them to the website where you display your deals.  The big advantages to this method over all others are 1) you’re capturing their contact info, so even if they don’t buy a deal from you now, you’ve got their email and can contact them about future deals; and 2) you know that these buyers are legit because they’ve already shown the ability to close on similar property.

Another great way to find wholesale buyers is to blanket the area around your deal with bandit signs.  These are the ugly 18” x 24” coroplast signs you see everywhere on the side of the road and on telephone poles.  Yes, they’re ugly, but they’re effective.  On the signs, hand write a simple message like this – “3 bed/2 bath house, needs work, worth $100k, will sell for $40k CASH”.  You’ll get a ton of phone calls from these signs; the caveat is they won’t all be qualified, so you’ll need to sift and sort a bit to find the true players.  One word of advice:  make sure you or someone working for you is able to pick up the phone when buyers call.  That way, you can also request their email address, and you don’t have to worry about them not leaving a message.

A third way to find wholesale buyers is the use of social media.  This is a relatively new method, but your competition is already likely building their buyers’ list through websites like Twitter and FaceBook, and you should be doing the same.  The best way to do this on FaceBook is to join every real estate-related group in your area, then friend everyone in the group.  Also, consider forming your own group and attract buyers to you that way.  On Twitter, make sure you provide great content in your posts, and people will begin to follow you.  Then, when you have a wholesale deal available, post it to your accounts.

There are many other ways of finding wholesale buyers that work in today’s market, but for the purposes of this article, I’ve focused the discussion on three of the best methods that I know are working today.