December 18th, 2009 | 
Author: 
“The secret is that there is no secret”?
I don’t think so.
On the webinar that I did last night I found out that many beginning – and even some advanced – real estate investors don’t know the secret (and I’m not talking about “The Secret” here…).
It’s really not that hard, but you need to put some effort into it
for sure – otherwise you will not be successful.
Wholesalers’ Buyer is…
Let’s face it, with the economy doing what it is, and most folks strapped for cash,
credit hard to come by, and private lenders hard to convince with no track record…
You need a way to get started WITHOUT cash, WITHOUT credit, and WITHOUT experience.
I’m pretty sure you’ve heard that “wholesaling” is the ticket in this case.
And yet, so many get hung up on a bunch of stuff that you don’t even need as a wholesaler.
Like fuguring out how to get a hard money loan.
Or how to raise money from private lenders.
Or how to get going with bad credit…
Here’s the deal: None of that stuff MATTERS!
What DOES matter is that you figure out who your buyers are, and what they need and want.
So, I thought about it – for you…
And I came up with this idea.
A big hickup of getting started in wholesaling is the fact that you are misguided to build “buyers lists”.
But what happens when you just do that (without figuring out WHO your buyers are first) is that you build a list of a bunch of wholesalers who are in no different position to actually “buy” anything than you are.
So – at best – you have a chain of wholesalers sending around “flex options”.
And even if they’d ever get an actual deal done (because someon by accident has an actual buyer on the hook), it would translate into a $127.85 split for each wholesaler in the chain.
Now that we know who are NOT your buyers…
So then who are your “real buyers”?
The primary buyer of wholesale deals is a rehabber.
Someone who fixes up properties in order to sell them to a retail buyer as quickly as possible.
Meet Joe Rehabber
Joe is a real person – that’s what you have to think of when you figure out who you serve as a wholesaler.
But wait…
I wonder if this would be something you’d want to know more about?
If you could ask Joe Rehabber a question about his business and about his needs so you can serve him better as a wholesaler…
…what would your most burning question be?
Maybe you would like to know how to become a rehabber yourself? That would probably be something you could find out from Joe as well…
Please engage right now and leave your question for Joe in the comment section below!
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