Episode Details

Wholesale Real Estate using TV, and growing over 1000 Flips with Tony Javier

Published 4 years, 4 months ago

Description

Tony Javier believes you need TV, TV, and more TV! Learn why TV has boomed his real estate investing business and why you, too, should get on the air.

Video replay of my interview with Tony Javier discussing wholesale real estate using TV.

WHOLESALE REAL ESTATE USING TV, AND GROWING OVER 1000 FLIPS WITH TONY JAVIER

What is Wholesale Real Estate?

A wholesaler buys a home, usually one that’s distressed, for resale, and then sells it on to potential buyers. The property is sold to a third party without the need of buying the property first. The goal of wholesaling is to sell a property to an interested buyer prior to the closing of the contract for sale with the original homeowner. No money passes between the wholesaler and the seller until a buyer has been found for the property.

The wholesaler gets to make a profit if he finds a buyer willing to pay more for the house than he agreed to. Profit is the cash returned to the vendor for selling their products at a higher rate.

Wholesaling is a great way to make money when you want to get into the business but don’t have a lot of cash to invest. It does not require taking a course, passing a test, or getting a real estate license in order to sell real estate as a wholesaler. If you have good people skills and are patient enough to wait for your turn, wholesaling might work out for you.

If you would like to begin Wholesaling Houses, you should work with investors who may be working on properties that are at the foreclosure stage or are already in bank-owned and HUD properties. Wholesalers that specialize in real estate can negotiate the best deals for their customers.

The wholesaler then resells the goods for a larger markup, or discount, then what was paid by the retailer. By selling a large quantity of goods to the retailer, the wholesaler may sell them at a lower price. Not only does wholesaling of real estate not involve selling multiple houses for less money, it’s actually something completely different.