Frequently Aked Questions?
Rehabbing
What is the difference of rehabbing from wholesaling houses?
Rehabbing is basically buying an undervalued property and repairing it to raise its value. You then resell it fast. In wholesaling, you don’t touch the property. You sell the contract to buy the property to another wholesaler or to an end buyer.
Where can I find properties to rehab?
Drive by the neighborhood where you want to buy a property in. You can also search properties online. Google “rehab list” to find list of properties to rehab in your area.
What kind of properties can I rehab?
Basically any undervalued property will do. Fixer upper homes, also known as handyman specials, are ideal because of their affordability. You can also try houses up for short sales and REOs (real estate owned properties, which are also cheap nowadays.
How long must a rehabbing project last?
A few weeks is just fine. Start rehabbing the property the moment you get it. Don’t let it sit on the market for too long. It is likely to lose value if it is unsold after 90 days.
Where can I get money if I run short of funds for rehabbing?
You can borrow from banks and other traditional lenders, although the processing of these loans will take time. For faster access to financing, try hard money loans.
Wholesaling
Do I need huge investment capital to become a wholesaler?
No. Wholesaling is the act of placing a property under contract and then assigning that contract to another buyer, who will close the deal. Because you are not technically buying a property, you don’t need to have a huge amount of cash or to secure a loan to start out in this business.
How do I find houses to wholesale?
You can approach motivated home sellers who are willing to have their property placed under contract. These people are usually in a hurry to sell their properties and will be willing to accept your offer as long as you help them quickly get rid of their unwanted homes. You can also run an ad on the newspaper or on the Internet.
How do I earn money as a wholesaler?
Wholesalers earn money from the assignment fee they collect from the buyer of the property at the end of every deal. Assignment fees usually range from $5,000 to $15,000 per transaction. However, the amount of money a wholesaler may receive sometimes fall below or go beyond the abovementioned price range.
It's Time for You to Finally get Paid
to Flip Houses...
Dear Fellow Investor,
Congratulations....You've been invited to this page by a member of the REI Wired faculty. You're just seconds away from full, VIP access to the largest collection of Real Estate Investing training videos on the planet.
For the next 24 hours, the entire faculty of REIWired can let his or her students take REIWired for a test-drive. And we've also put together a very special jump-start package to give you a serious edge in 2010...
If you've resolved to change your life through investing in real estate, then this is for you.
As an added bonus...you can grab every single Real Estate Investing Resource that I've ever created or been a part of...AND VIP access to REIWired (so you can see if it's right for you)...for one dollar.
EVERYTHING.
This includes over 150 hours of A to Z, pure-content training videos from over 50 of the biggest names in the industry at my underground training site...REIWired.
Here's a sampling of the training you'll find on REIWired:
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Wholesaling For Quick Cash |
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Seller-Financing And Notes Buying |
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Wholesaling REOs |
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Introduction to Wholesaling |
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Flipping Deals on eBay |
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Houses Sold Before You Buy |
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Buying Foreclosures For Huge Profits |
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7 Secrets To Obtaining Business Credit |
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Apartment House Riches |
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Google Gold Rush |
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Building Your Killer Real Estate Team |
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Twitter and LinkedIn Master Strategies |
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Dealing With The Seller |
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Maximizing Profit Opportunities In Preforeclosure Investing |
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How To Do Everything Wrong In Short Sales |
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Virtual Short Sale Investing Business |
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Secret Techniques To Finding Real Estate Investors Online |
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Short Sale Bank Negotiations |
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Guerrilla Internet Marketing |
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Becoming the Ultimate Buying and Selling Machine |
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Marketing and Selling Real Estate |
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Flipping Houses Without F.E.A.R. |
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Real Estate Website Setup and Optimization |
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Insider Marketing Strategies To Finding Deals |
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Direct-Mail Lead Generation |
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Wholesaling Houses For a Living |
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Successful Real Estate Outsourcing Secrets |
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A Day In The Life Of A Real Estate Wholesaler |
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Creating Automated Bird Dog Networks |
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Short Sale Bank Negotiations |
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Mobile Home Investing |
And that's just the tip of the iceberg.
This is pure-content, no-fluff training from the most successfull investors on the Planet:
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Ron LeGrand |
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Than Merrill |
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Preston Ely |
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Larry Goins |
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Nathan Jurewicz |
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Cris Chico |
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Tim Mai |
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Kenny Rushing |
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Andy Proper |
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DC Fawcett |
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Josh Cantwell |
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Jack Bosch |
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Alfred Alonso |
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Andy Massaro |
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Jamel Gibbs |
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Heather Seitz |
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Glen Gallucci |
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Todd Morgan |
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Sean Malarkey |
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Dave Lindahl |
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Doug Ottersberg |
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Eddie Speed |
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Gary Boomershine |
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Roger Salam |
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Justin Lee |
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Mark Jackson |
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Sam Bell |
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Dean Edelson |
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Jonathan Dieguez |
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Bob Massey |
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Lydia Trotter |
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Franklin Cruz |
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Joe Lawrence |
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Dan Stojadinovic |
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Mike Collins |
And on...and on...and on...
An Average Of 1 New Hour Of Video Training Is Added Every 48 Hours...
So you will NEVER run out of new, cutting-edge investing tips, tactics and strategies.
Every aspect of Flipping Houses is laid out in detail. It starts from the very beginning - so if you've never even heard the words "real estate investing" - you'll be up to speed...fast.
From the basics it moves on to highly advanced, specialized investing techniques and tactics that could only be taught by people who had have millions creating and perfecting those very techniques for their own real estate investing business.
And all of it is set up on a private website so you can access it any time you want, 24/7 - whatever works for you.
Let me be Absolutely Clear with you... This is 100% pure content. There are ZERO attempts to sell books, courses or services. This is high-octane, high-level, personal coaching and mentoring caught on film. I personally gaurantee it.
Alright, What About a Plan?
All the information in the world won't do you any good if you don't have a plan. When I turn you loose on this education without any guidance, you run the risk of going into information-overload which will either give you a brand new excuse on why you're not actually out there doing deals ("I need to study it more...") or it will make you more even frustrated than you are right now.
That's doesn't do either one of us any good and it's not why I put this together for you in the first place.
So...
I created a little "start-up" kit for you...a kind of "Real Estate Investing 101" meets "what do I do first, then second..." to get you focused and to get you to cash fast...like in the next 30 days. Once you get a little security net underneath you, you're home free. So when you start REI Wired You jump right in with...
The REI Wired Fast-Start Guide
Your going to get instant access to it the Fast-Start Guide the second you dive into REI Wired. Download this 98 page "roadmap" to 100 hours of intense Real Estate Education and your path the financial freedom through investing in Real Estate will become crystal clear.
And You've Got To Have The
Right Documents...So...
The only thing you're missing to dive right in and be on your way to cash are the contracts and documents you need to make offers, get them accepted and then flip the deals to someone else.
So...I included them.
I put together the exact contracts that I personally use to buy and sell houses. In fact, I spent almost $4,000 just getting my purchase contract written to make sure that I'm 100% bullet-proof when I make offers. These documents have made me millions and I'm giving them to you to use...so you can too.
And, Of Course, My Personal Collection...
You're going to get Instant, Online Access to my ENTIRE Wholesaling Training Library. This is every Real Estate Educational Course that I've ever created...these 4 courses contain over 22 Hours of hard-core wholesaling training and I proudly call it ..."The Works":
"The Works" Includes...
Wholesaling Houses for a Living
My signature training course. Over 10 hours of down-and-dirty wholesaling training. I open up and lay out my wholesaling business right before your very eyes, so you can take the lessons I've learned in my 20+ years as wholesaler and cut years (or decades) of your learning curve. (A $997.00 Retail Value)
Internet Bandit Signs
This 4 part (8 hour) course shares the insider methods that attract more motivated buyer and seller leads to generate more business than all your other marketing methods combined! It's called local search and it can help you create a non-stop, 24/7 lead generating machine for your real estate investing business. (A $997.00 Retail Value)
Confessions of a Real Estate Wholesaler
90 minutes of secret House-Flipping methods from a real estate Insider willing to help you kill your day job without credit, cash, renovations ...or ever actually buying any houses! If you have ever wondered how "no money down" real estate investing REALLY works and how to build a true fortune, kill your day job, and finally have more time for yourself...you'll find it here.. (A $49.00 Retail Value)
Rehabbing for Fun and Profit
Rehabbing properties is fun and very easy to do once you know how. The real estate business is fun, hugely profitable, and exciting as well. This "paint by numbers, step by step" video will walk you through a house renovation from top to bottom. We show you the step-by-step process we use to squeeze thousands of dollars in extra profits from every rehab! What you will learn in only 43 minutes will amaze you as you realize the thousands in extra profits you could be earning from your very next rehab ... even if it's your first time to rehab a house! (A $147.00 Retail Value)
That's an Additional $2,190 in Wholesaling Courses
You will get instant access to the digital version of every course in "The Works" the second you take advantage of this New Years Bonanza. These courses are yours to keep and your online access to them will permanently remain active.
Need A Little Sample?
The Most Successful Investors in the Industry are Here to Help You...
| Preston Ely... (3.78 Hours of Preston) ...Tells You EXACTLY How He Makes 6-Figures A MONTH and How You Can Too... In the Next 90 Days... The player will show in this paragraph Cris Chico... (6.21 Hours of Cris) Begging You To Make Offers on Their Houses... The player will show in this paragraph Larry Goins... (2.98 Hours of Larry) ...Gives You EVERYTHING You Need to Say to Seller's. Buyer's, Realtors, Title Companies... So They Bend Over Backwards to Help You Make Money... The player will show in this paragraph Mark Jackson... (5.10 Hours of Mark) The player will show in this paragraph Andy Proper... (1.75 Hours of Andy) Massive List of Cash-In-Hand Buyers in the Next 30 Days (and it's 99% automated)... The player will show in this paragraph Steve Cook... (3.02 Hours of Steve) ...Shows You How To Make Sure You're Completely Protected...
So You Can Buy, Sell, Flip or Rent Houses... The player will show in this paragraph Heather Seitz...(3.14 Hours of Heather)(It's Like Shooting Fish In A Barrel) The player will show in this paragraph Dan Stojadinovich...(3.36 Hours of Dan)The player will show in this paragraph Kenny Rushing...(3.24 Hours of Kenny) Are In Complete Control of Every Deal, Every Time... The player will show in this paragraph Tim Mai... (7.18 Hours of Tim) The player will show in this paragraph and I, Mike Collins...(9.79 Hours of Me) and Get that First Paycheck in Your Hand...Fast The player will show in this paragraph |
So...Why A Dollar?
Why, on earth, am I willing to practically give you the exact training that until now, was only available to high-level coaching students that paid thousands to get it?
Well, for two reasons.
First, if you haven't heard...Wholesaling is BACK. The best bargains of our lifetimes together with a ton of pent-up demand means 2010 is going to be an amazing time for wholesalers.
Don't miss it.
You've faithfully entrusted me with your support, so I want to do everything I can to make sure you're ready for the free-for-all that's about to take place.
Second, I get at least one email every single day from people who are upset that so-called "gurus" - who make millions in real estate - still charge $1,000 or more for their "secrets" to successful real estate investing. In this economy, it just put's the important education that's critical to getting started as an investor out of reach of most people.
Those of you that have known me over the years, understand that I have been on a crusade to change this industry...and with the advance of technology and with high-speed internet connections now being the norm...this change is starting to happen fast.
It's why I started REIWired.
And Here's The Deal.
VIP Access to REIWired is $97 per month. Try it for 10 days for a buck. See it with your own eyes. Watch the videos. Download the contracts. Dive into the Fast-Start guide. Explore every part of REIWired and see if it's worth $97 a month to you. If not, simply call me (at 813-425-2030) or send me an email (support@reiwired.com) and you're done.
I know that once you see what's inside REI Wired... and that the techniques you learn from it make you so much fast cash... that you'll keep your access to REI Wired forever.
If that's the case, simply do nothing and after 10 days I'll charge the $97 monthly dues to your credit card.
All the risk is on me to provide you with the most valuable, the most easy to understand, the simplest to implement, the most cutting-edge investing tips, tricks and education so you'll stay with me.
It can't get any more fair than that. Try it, use it, learn from it, put it into action for a buck.
Now I know a few people out there will take me up on this insane offer with the sole intention of grabbing the training in REI Wired and running on down the road...and I'm alright with that. I'm willing to risk it if this training can get in the hands of the people who are genuinely struggling to make a better life for themselves through real estate investing.
I'll always remember the first real break I got as a struggling real estate investor and how it put me over the hump...just when I was about ready to give up on real estate. After months of getting nowhere, I ran into an old pro here in Tampa who told me the most important words I've ever heard...
"Mike, you're making this too hard. Just do this...
...Here's what I buy. Here's the area it's in, and here's what I can pay for it. Now just go find it for me for less than that and you can keep the difference!"
It took me a couple of hours to find a deal that fit the description. I brought it to him and about a week and a half later...I had my first check in my hands. It changed my life.
Now, over 700 deals later...an old pro here in Tampa is here to tell you...
Just Do This.
We're going to take you by the hand and show you exactly... What to Buy, Where to Look, What it's Worth, How to Get it Under Contract with Zero Risk and What Others Are Willing to Pay For It So...You Can Keep the Difference...
It's no coincidence that you are reading these words right now. You were brought to this page at this exact moment in time for a reason...to finally get over that hump and move on to the life that you know is waiting for you and your family. You just need that first real break. Well...here it is. Just Do This.
And to Really Push You Over the Top...(It's a BIGGIE!)
You're going to get Enrollment in My Mentoring Support Program...
REI-Gold is a super-exclusive, ongoing training program, created to provide 24-7 support to my personal mentoring students.
Use the REI-Gold membership to Cut Years off the learning and Supercharge your Real Estate Investing. Your Gold Level Access will stay intact for as long as you remain a REI Wired Member.
And Here's the Bad News...
This offer is extremely time sensitive. Each new faculty member has 24 hours to let their group try out REIWired....then the offer comes down.
This is an opportunity for people that are ready to take action but just need that first break. If you're ready, then let's get started...
Here is exactly what you're getting:
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Instant, Unrestricted VIP Access to REI Wired - with over 100 hours of real world, tried-and-tested, real estate Investing instruction. Explore it, Learn it, Put it into Action for for 10 Days, if it's not everything I've told you it is and more, then just call me or send me an email and you're done!............A $97.00 Value |
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The REI Wired Fast-Start Guide- follow along online or download it to your computer - it's packed with "the best of the best" from the top real estate investors on the planet......................A $297.00 Value |
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Complete Contract and Document Suite - everything I personally use to run my real estate investing business........... A $4,000.00 Value |
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Monthly, Invite-Only Training Calls - with the most cutting-edge real estate investing tactics in the industry -for REI Wired Member's Only.....A $197.00 Value |
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"Wholesaling Houses for a Living" - my Signature Wholesaling Training course...A $997.00 Value |
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"Internet Bandit Signs"- the definitive guide to generating real estate leads online.............................A $997.00 Value |
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"Confessions of a Real Estate Wholesaler"- learn the insider's tips and tactics straight from a 24 year Wholesaling veteran ......................A $47.00 Value |
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"Rehabbing for Fun and Profits" - a "paint-by-numbers", step by step guide to rehabbing a house................A $147.00 Value |
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Gold Membership in REI Gold - my ultra-exclusive training website for my personal mentoring students......................A $97.00 Value |
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The Exact Insider's-Only Techniques and Shortcuts - created and used by multi-millioniare real estate investors.....................Priceless! |
You're about to get over $6,876.00 worth of Real Estate Investing guidance, tactics, techniques, insider's secrets and real-world tools
.....
.....For One Dollar
You've got 10 full days to check out, learn and use everything. (By the way...you're permanently grandfathered into REI Wired too. Your monthly fee is guaranteed to never, ever go up).
If you don't think it's for you, that's perfectly fine. Just call us, email us, or go to our support site before the 10 days is up and we'll never bill you again.
...But You Can Still Keep
"The Works"
Sounds fair, doesn't it?
You have nothing to lose and EVERYTHING to gain.
So what are you waiting for...
Get Started Now
I Understand that I pay just $1.00 to get Full, Instant VIP Access to the REI Wired member's-only website, plus Instant Access to "The Works" complete Wholesaling Training Library and Gold Level access to REI Gold. I further understand that I will be billed $97.00 per month for continuing access to REI Wired if I do not cancel within the 10 day trial period. I also understand that no matter what I decide, I will have permanent, online access to "The Works" Real Estate Training Courses. I understand that I can cancel anytime by contacting customer support at 813-425-2030, by submitting a cancellation request through the support desk on REIWired.com or by sending a cancellation email to support@reiwired.com
Your Information is Safe!
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Be well,
Mike Collins
Founder, REIWired.com
PS: Just Do This. Seriously. "REI Wired" is everything you need to go from where you are right now to full-time real estate investor in 30 days or less. I'm talking quit-your-job money if you're serious about changing your life.
You've got absolutely nothing and everything to gain.
This offer is only valid for the next 24 Hours...So Click Here and grab yours now. I've been saving it just for you ;-)
Copyright © 2010 REIWired.com
*OUR LAWYERS INSIST WE MAKE THE FOLLOWING DISCLAIMER: These results ARE NOT TYPICAL which is why no specific income claims are made. Some members may make little or NO MONEY AT ALL with this program. Individual results will vary greatly and in accordance to your input, determination, hard work, and ability to follow directions.