Wholesale Real Estate: WHY MOST SUFFER & QUIT!

Whether you’re wholesaling real estate as a beginner, or even an advanced wholesaler, these points are important to understand so you can avoid these common pitfalls!

In a nutshell, wholesaling allows you to get property under contract (like, houses) and assign the contract rights to another buyer (typically, called a “Cash Buyer”). These Cash Buyers are usually real estate investors who fix & flip houses and want more deals to buy so that they can purchase, renovate, & sell more houses for a profit.

A couple of great things about wholesaling real estate are: 1) You can literally wholesale houses with little to no money, and no or bad credit. Additionally, 2) You do not have to be licensed in order to wholesale real estate.

It’s important to understand that you do not have to actually buy the property in order to wholesale it. However, you do have to put the property under contract so that you can assign the “equitable interest” in the contract (i.e. the contract rights that you now own once you put it under contract).

At Real Estate Skills, we’ve been helping our clients & students to start and grow hyper-profitable wholesale & flipping businesses across the United States.

These 5 reasons we’re covering today have been distilled down from helping & teaching thousands of others to become successful at wholesaling real estate in their respective markets.

Some ask “Is Wholesaling Hard?” before getting into this industry. We like to say that it’s only as hard as you make it! Nor is it necessarily easy. However, wholesaling is simple once you have the right systems in place to execute consistently on a daily, weekly, & monthly basis in order to hit your income goals.

As you’ll see in this video, the ability to focus is an important attribute to any business owner, but especially if you’re in the wholesaling industry.

All the time, we see beginners getting started and becoming the jack of all trades and the master of none. Watching this video in full will allow you to avoid this common pitfall so that you can focus on the most important revenue generating activities for your business and to increase the likelihood of you wholesaling houses successfully, consistently, & predictably.

By focusing on the signal through the noise, you’ll be able to become a better & better wholesaler each & every day while growing your company. Focusing on one acquisition system at a time will allow you to master all the techniques that go along with it, rather than having to learn a new acquisition system every other week.

We are big on being able to master one system at a time so you can plug other people into the system and teach them how to do it right the first time. This will now allow you to scale your wholesale business and grow from a technician, to a manager, and finally to an actual real estate entrepreneur!

👇 As mentioned, you can check out the links below to stack your knowledge of wholesaling real estate!

🏠Watch our FREE Training on How To Get Started Wholesaling & Flipping Houses WITHOUT Spending $1 On Marketing Here:

🥇Check out our Pro Wholesaler VIP Program on How To Get Started Wholesaling & Flipping:

CHAPTERS:
0:00 - The Top 5 Reasons Why Most Wholesalers Suffer & Quit!
0:26 - Reason 1
2:10 - Reason 2
4:46 - Reason 3
7:19 - Reason 4
9:38 - Reason 5

📈 You can download Wholesale Real Estate Contracts here:

👋 Say "Hi!" on Social & Join our Community:

📺 “How To Find Cash Buyers Online For Free” YouTube Video:
(watch this video to learn how to find 3-5 QUALITY Cash Buyers in your area quickly & efficiently for your wholesale deals)

💙 SUBSCRIBE TO OUR CHANNEL & CRUSH IT AT REAL ESTATE!

#WholesalingRealEstate #WholesalingHouses #RealEstateSkills

📝 Disclaimer:
This video is not personalized financial or legal advice for the viewer.

[jonathongeiger]

I like how real you are and not some guru asking for 7k for a course

[ryanzomorodi]

This video is GOLD right here. Reason #4 is crucial for beginning wholesalers and real estate investors. If you're getting a ton of No's when you're wholesaling real estate, you need to ask "why?" in order to get that feedback, learn, and improve. Wholesalers need to learn how to think like the cash buyers that they serve so they can increase their odds of success.

Keep is coming Alex! This is great stuff.

[driftaway]

If I could pull one whole sale I'd be incredibly happy

[HighGravityAdventures]

dude, Today and yesterday I attended investor/wholesaler/cash buyer meet ups and met a TON of people! I plan to attend every single one that I can. This video reassured me that there certainly are the nay sayers but there are plenty of motivated pros with great info and I plan on replicating what they have done. Thanks Alex for another great vid.

[yasminkelley]

Great content Alex! Please keep the knowledge flooding. “Real estate investing is hard but that’s why it’s worth it!” I’ve fell off my vision but now more than ever I’m taking action. Thank you!!

[JS-pffv]

new to wholesaling - i guess the one thing that is tripping me up is that everyone is saying: "go get leads", but no one is actually breaking down how you are supposed to do it. i want to access the expired listings which should be easy and free to start with since it is public record, but there is nothing out there explaining this.

[Jasmine-pzhu]

1. Can you explain the flow of paperwork, once EMD is given to title company. Does the agent choose the title company?
2. How do we set this up to where the buyer is submitting EMD.
3. Once the purchase agreement is completed, does the title company do the assignment agreement as well? (All parties have to be present)

[Fourwindsofsuccess]

I loved this. I love how you’re blogs & articles & videos push to find your “CASH BUYERS” 1st. These people are insane whom tell you to just contact properties/sellers first.

Thanks Alex 😊

[supremebuddha]

Lots of value here, thank you. heres to everyone’s success 🥂

[kellya]

Fail forward...all you can do is learn and implement & realize that learning is winning too. It's wen you don't learn is wen it becomes insanity. At the end of the day contemplate - My Wins/losses for tod?
- What I learned/improve upon
- Changes I need to make

[bertwright]

Great video and insights as I am new to Wholesaling. I completely agree that failure is feedback.

[jstered]

That last point, taking the 'traditional' method that most people go with first and flipping it on it's head.

[cyvwydi]

Appreciate the well prepared lesson here! I’ve helped buyers invest in real estate for years and now I’m ready to become an investor myself. I’ll check out your website!

[bellaklouisaevans]

Great video. Thanks a lot. You had great advice with a bit of humour.
😂 " negative Nancies" "negative Nicks."

[jonasortiz]

I’m going to do this. I’m going to learn as much as I can ..this is for me Like your videos btw 👍

[queenheffron]

Thank you Alex for such valuable info. I’m learning a lot from your Chanel. I’m a wholesale amateur, what’s all the paperwork I need from finding a motivated seller to the cash buyer and where can I find the agreements/contracts?

[iamaperson]

Thank you so much Alex! Such amazing content! You're really such an amazing teacher, never fails to deliver clear and genuine information. Also very true and up to date and in contact with your students. Much love Alex.💯💪

[johnbarrientes]

I appreciate your input on building your buyer list first. Just about every YouTube wholesaler says the opposite.

[jwilliams]

I really appreciate your videos I think they're great and very informative

[yulibravo]

I am just starting my research on how to do this and have come across a lot of videos, and all ask for so much money upfront for the courses... I mean we are trying to get income because our current income is not enough lol---LOVE how you explain everything so good and for free. I'd be a happy camper to learn it really good and reach my FIRST goal >>>> MY VERY FIRST DEAL! I will be calling cash buyers now and follow all your steps from there on. I do however have a question; I am in Texas and there was a video that mentioned that Texas requires a TREC Contract---- in this case how would I add the part where it has to state that the contract can be assignable??