You Got a Wholesale Deal Under Contract. 😲 Now what
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How Do You Start Designing Your Dream House - Liat Doron - Post 6 Last post like this week's initiative I had a lot of fun with you guys. During this week, I discovered that I really enjoy writing, it was a big surprise for me and I am very thankful to Avi Ben Mordechay...
Disposition – Finding Buyers and Marketing the Property / Contract – Yoav Lavee and Haim Mamane. – Post 4 #EntrepreneuroftheWeek Haim and Yoav # Post 4 So after we have learned how we can solve a problem and come up with sellers to agree on a purchase price below the market price, the next step…
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Last post like this week's initiative I had a lot of fun with you guys. During this week, I discovered that I really enjoy writing, it was a big surprise for me and I am very thankful to Avi Ben Mordechay for giving me this opportunity.
Finally I want to talk to you a little about dreams.
We all have these but unfortunately sometimes they stay in a drawer.
I try to constantly remind myself to fulfill them even if they sound a little illogical at first.
It is very easy for us to fall into the place of "not at the moment", "it will not work" - this is our critical part that often takes over. Once you clearly see your dream in front of your eyes, take action! A dream becomes a reality, not with the help of a huge and crazy step, but through small steps that slowly create real change.
Check what is the smallest step you can take right now and maximum tomorrow morning that can advance you towards the goal? This small step creates momentum for you and that's the whole secret.
I think another important step is to create a suitable environment for you. The environment has a tremendous impact on our lives. The people around us affect our energy level, performance and successes. Surround yourself with the right people. It is much easier to fulfill a dream when you are around people who also want to do it or have done it in the past. If you are interested in or involved in real estate, being in this group is the right step in choosing your environment????
Give yourself time. In times of change I need the time to think with myself quietly. It is very easy to get lost and forget the dreams during the daily routine and daily chores. Make time for it - in front of the sea, on the couch at home or in the park.
Take an example from others. Do a modeling and see how a successful person works. Instead of seeing others who are successful and jealous, learn to forgive and take energy from them and see how you are successful as well. Follow on social media people who have succeeded in what you want, join courses and workshops of people who can teach you, and find people you can meet face to face.
See mistakes as learning and not as failure. Every time you took a step, no matter what the outcome, we pampered yourself. The very act of doing strengthens you. Next, look at the result. If you got the result you wanted - great.
If you did not achieve the result? Not bad, a chance to think about how to improve next time. Everyone makes mistakes, and people who have achieved their dreams have made more mistakes than everyone else.
And I think the most important thing is to get rid of negative habits. Hours in front of the TV, work we don't want, constant scrolling on social networks, are a waste of time that incites you and no wonder then we don't have time to fulfill the dreams. Proper time management will restore us quite a bit of time and good energy wasted on the wrong things.
Once we are focused nothing can distract us from the path.
So I had fun sharing with you this week's posts some insights and inspirational stories, telling you how I became a property designer in the US and how to do it remotely.
So it's all friends, hope I contributed some knowledge and inspiration, if you enjoyed reading I would love it if you would share me in the comments and tell me what your dream is?
Feel free to follow me on Instagram and see more of my designs:
https://www.instagram.com/liat.doron.design
And if you have purchased an investment property and need design help feel free to talk to me.
liat.home.design@gmail.com
Liat Doron 050-9877654
Designer of investment properties in the USA.
Good luck to everyone,
Liat.
Continue reading on our site…
https://www.forumrealestateusa.com/en/2021/05/Dreams-of-where-to-start-this-week%27s-entrepreneur-Liat-D./
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If you are interested in Real Estate financing at best rates for Foreign Nationals or American, we have an auction platform where hundreds of lenders compete on your loan!
www.NadlanCapitalGroup.com
Our YouTube Channel:
https://www.youtube.com/channel/UCliNShPg9cVs5HIz3kRbe3g
If you are interested in Real Estate Courses, Mentoring, Deal Analysis Report for a purchase you are about to do or an educational membership go to:
www.ForumRealEstateUSA.com
You can contact us on the site - we have more then 10,000 articles in 12 languages:
Or join the Facebook group -
Hebrew:
https://www.facebook.com/groups/ForumNadlanUSA
Inglese:
https://www.facebook.com/groups/USARealEstateForum
And get weekly educational updates about the USA Real Estate market:
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Contact us at:
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Phone: 978-600-8229
Email: Support@ForumRealEstateUSA.com
Disposition - Finding Buyers and Marketing the Property / Contract - Yoav Lavee and Haim Mamane. - Post 4
#EntrepreneuroftheWeek Haim and Yoav # Post 4
So after we have learned how we can solve a problem and come up with sellers to agree on a purchase price below the market price, the next step of course will be to put the house under contract and then sell the contract to the final buyer. Because at the end of the day we need to get paid!
One of the great advantages of wholesalers is that we do not actually buy and sell the property but "sell" the contract for a commission (Assignment Fee) to a final buyer who will usually be an investor, entrepreneur who wants to flip (improvement) or an investor who wants to buy the property for rent. The buyers we want to target will be buyers who can buy in cash and close quickly.
It is important that we know how to price our contract in a way that will leave profitability for the final buyer (investor) so that we can sell the contract in the fastest way. The more correctly we price the deal the more we can maximize our profitability and also the faster we can move the contract.
So before we talk about the whole process of selling to the final buyers - Disposition it is important to talk about some important things:
1. Contract with the seller - It is very important that in the contract with the seller we have a clause that allows us to transfer / sell the contract to another buyer (Assignable contract). In addition, in most cases we will sign a contract before our person on the ground has physically seen the property. It is therefore important to have an exit clause like inspection contingency so that if something is found in the condition of the property that changes for us the price we can pay for the property. In such a case we can always withdraw from the deal or talk to the property owner again about a price reduction.
2. Photos + video of the property - after we have signed a contract we will send the man
Our on the ground (Boots on the Ground) that will take as many pictures of the property as possible - The good, the bad & the ugly from all angles and from all directions including
Some videos so we can make sure the condition of the property matches the description the seller gave
For us and the estimate of the renovation costs does not exceed what we thought. The photos and videos are important because they are the ones that will be used by us in marketing the property to potential buyers
our. It is important for us to show the property exactly as it is, for better or worse in order to save
Everyone has less time, effort and fewer visits to our property.
Tailor-friendly Teitel company - Not all Teitel companies know how to work with wholesalers. In the end our transactions are non-standard and important
That the title companies we decide to work with know how to work with Assignment
of Contract & Double Closings - Main Closing Strategies of
Wholesalers. We have seen many times how inexperienced title companies can knock
Deal So the importance of this thing is critical.
So after we have dealt with all these issues it is time to look for potential buyers for our deal. Let's talk about where to find this type of buyers:
1. Real Estate Agents - There are many real estate agents who work with investors and they can connect you to their investors of course for a fee. The agent will receive his commission from the buyer or from you depending on your summary with the broker. There are lots of ways to find these agents but the way we like is to go to Realtor.com and look for highly likely renovated properties invested by investors in the same area of your deal and just contact the agent who represented the seller and ask them if his investor would be interested in another project. Area.
2. Examination of all the assets sold in the last 3-6 months in cash - and to reach the broker who handled the transaction or alternatively to reach the buyer himself through SKIP TRACING.
Continue reading on our site…
https://www.forumrealestateusa.com/
-------------
If you are interested in Real Estate financing at the best rates for Foreign Nationals or Americans, we have an auction platform where hundreds of lenders compete on your loan!
www.NadlanCapitalGroup.com
Our YouTube Channel:
http://bit.ly/2GMQPB5
If you are interested in Real Estate Courses, Mentoring, Deal Analysis Report for a purchase you are about to do or an educational membership go to:
www.ForumRealEstateUSA.com
You can contact us on the site - we have more than 10,000 articles in 12 languages:
www.ForumRealEstateUSA.com
Or join the Facebook group -
Hebrew:
http://bit.ly/2IfAAxH
Inglese:
https://bit.ly/3bCvwQb
And get weekly educational updates about the USA Real Estate market:
https://bit.ly/2RjMwUF
Contact us at:
https://www.forumrealestateusa.com/
Phone: 978-600-8229
Email: Support@ForumRealEstateUSA.com
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