How To Close 2 Or More Wholesale Real Estate Deals Each Month | Rob Swanson Teaches Wholesale Real Estate Techniques

August 31st, 2009 . by Rob Swanson

Real Estate Wholesalers: Can You Learn to Wholesale And Flip a
House a Week?

Ok real estate wholesalers, what’s your objective?

It’s simple; your job as a wholesaler is to find a great deal that
you can sell immediately to another real estate investor and turn
into a quick profit, i.e. flip a house.

You just need to get out there and find great deals. Right?

That means you need a strategy for getting properties under
contract lightning fast at significantly discounted prices or
with great terms, package up the deals and sell them to another
investor fast.

Your goal; get paid in 10 days, 15 days, or 30 days at the most and
pocket a profit of $3,000, $7,000 up to $10,000 or more on each
wholesale real estate deal you do.

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Real Estate Wholesalers Make Money in Volume
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Let me explain.

There is a big reason real estate wholesalers fail to flip houses
consistently and make the big money that the guru’s promise.

You see, being a real estate wholesaler is a game of making many
little profits and building systems to automate your business.

Once you do this, one day you will wake up as a wholesale real
estate investor, look around and say “Wow, I am really making some
great money.”

So, why do so many real estate wholesalers across the country fail
to have that wake-up moment?

It’s simple.

To make money as a real estate wholesaler you must be doing
multiple deals – deals in volume. And when you learn how to do it,
you can make a great living – without deals in volume, you will
struggle to earn as you learn to wholesale houses.
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Stop Searching for Wholesale Houses in Retail Areas

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So what is the mistake that holds too many wholesalers back?

The mistake is spending too much, if not all of your time trying to
find wholesale deals in retail areas.

Stop for a minute and think about that.

Wholesale houses “in volume” are not in retail areas.

Here’s what I mean.

A retail area is a neighborhood that is already in high demand,
i.e. it’s a place where homeowners want to live, renters want to
rent and every investor would love to buy.

If you’re a wholesaler trying to buy in a retail area then you’re
just competing against every other buyer in the market.

And that makes it really tough to consistently buy houses at the
discount wholesale prices you need to pay.

It’s an easy mistake to make. Almost every wholesaler that asks
their “buyers list” where they want deals is going to hear the
names of all the local retail hot spots. And, if you listen to
closely, you’ll make this mistake without even knowing it.

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Identify High Inventory Wholesale Neighborhoods
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The Solution: Stop looking for wholesale deals in retail areas.
And, here’s what you must do instead.
You must, as a real estate wholesaler find neighborhoods with the
highest inventory and focus all of your efforts on finding deals
and buyers there.
These are the pocket and neighborhoods that have the most deals
available.
Leave the high demand retail areas alone; just don’t waste your
time.
Go find deals in the highest inventory areas, build a solid buyers
list and you will be on the fast-track to wholesaling houses for
fast cash.

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If you want to learn 53 other devastating mistakes real estate
wholesalers make and 7 simple ways to succeed; claim your FREE copy
of my powerful 2 CD audio training “53 Wholesale Mistakes” today.
Claim your copy here today http://www.53WholesaleMistakes.com.