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The Exit Strategy Playbook Every Investor Needs
June 23, 2025 | 3 Minute Read With every potential property acquisition, it’s critical to take a strategic approach. Before we ever commit to purchasing a property, we ensure we have multiple exit strategies in place. Real estate is a market-driven industry, and when conditions change—whether due to interest rates, buyer demand, or unexpected challenges—our […]
The Best $20K I Never Made
June 9, 2025 | 3 Minute Read Last week a virtual wholesaler brought us a property. The asking price? $65,000. My business partner of over 10 years, Jeff, and I happened to be nearby finishing up a renovation project, so we decided to stop by and walk the property together—a rare occasion, since I usually […]
Should You Assign the Contract or Double Close?
April 21, 2025 | 4 Minute Read When I get a property under contract and my exit strategy is to wholesale it, I need to determine if I am going to assign the contract or double close it. Both approaches allow me to flip properties without holding them long-term, but they come with distinct advantages, […]
The Sneaky Wholesaler
March 31, 2025 | 2 Minute Read A few weeks ago, an agent submitted an offer on one of my listings. The contract seemed straightforward—no unexpected terms or conditions. It included a 10-day inspection period and close of escrow contingent on inspection approval, which was reasonable. After some negotiation, we agreed on the final price. […]
Finding Properties Without Spending Money
March 31, 2025 | 3 Minute Read When I started investing in real estate back in 2002, my focus was entirely on wholesaling properties. At the time, I had no marketing budget—actually, I had no money to spend at all. So, I had to get creative. As I gained experience and started closing more deals, […]
You Need Multiple Streams of REI Income
March 24, 2025 | 3 Minute Read When I first started investing in real estate back in 2002, my sole strategy was wholesaling. It had a low barrier to entry with minimal costs, making it an easy way to get started. And it worked—until 2008. When the market crashed, buyers disappeared, and most wholesalers quickly […]
Four Wholesaling Mistakes to Avoid
February 24, 2025 | 3.5 Minute Read When I first started wholesaling properties in 2002, the real estate landscape was completely different. The online services we have today simply didn’t exist. Back then, most real estate tools were software applications you had to download onto your computer. Finding good deals wasn’t as easy as pulling […]
Before You Buy from a Wholesaler, Ask This One Question
January 13, 2025 | 3.5 Minute Read Two weeks ago, we secured a contract for a property from a reputable and experienced wholesaler for $80K. It required $20K in renovations to convert it into a rental, which made it a great addition to our long-term portfolio, especially with rents in the $1300 range. If we […]
Fourth Commandment to House Flipping: The Inspection Period
November 11, 2024 | 2.5 Minute Read FOURTH COMMANDMENT: THE INSPECTION PERIOD When we make offers, it’s not just about the dollar amount. Sure, the price is essential (after all, we’re here to make a profit), but there are several key elements we include in every offer. Here’s a breakdown: Purchase Price Inspection Timeframe Closing […]
How to Use an Assignment Agreement to Wholesale Properties
November 11, 2024 | 2.5 Minute Read Over the years, I’ve wholesaled hundreds of properties, using a single simple document to assign properties to other investors. The assignment agreement allows an investor, often referred to as the “assignor” or “wholesaler,” to transfer their rights in a real estate purchase contract to another party, known as […]
