Blog

45 Questions To Answer Before Wholesaling Real Estate


Wholesaling houses continues to be incredibly popular, thanks to its reputation for low risk, big rewards and ease of getting into. Still, it is only smart to create a plan and learn as much as you can about how it works before getting started. Having said that, here are 45 important questions to ask and get answered before rushing ahead with wholesaling real estate:

  1. How much real estate education do I need to get started?
  2. Where can I get a quality and up to date wholesaling course?
  3. Will I want to take advantage of real estate / business coaching too?
  4. How can I get to know my local real estate market better?
  5. What’s the best way to research local competition and potential allies?
  6. How do I found out about local zoning laws?
  7. Do I need business cards, and what should they look like?
  8. How can I build credibility in the real estate industry quickly?
  9. What’s the best way to build a real estate website?
  10. How do I build a Facebook page for my property wholesaling business?
  11. How do I choose the best name for my real estate business?
  12. What are the best phone numbers for real estate wholesalers to use?
  13. What are best practices for having a new logo designed?
  14. What are my state’s foreclosure processes?
  15. How do I buy houses that are in foreclosure?
  16. How do I find homes that are in foreclosure?
  17. Where can I get the best list for direct mail?
  18. How many times should I mail prospects?
  19. What makes a great direct mail piece?
  20. What’s the best way to handle inbound responses from direct mail?
  21. How can wholesale deals be found on the MLS (Multiple Listing Service)?
  22. Which parts of wholesaling houses should be outsourced?
  23. Can I find properties to buy on Craigslist?
  24. What makes the best Craigslist ads for buying and selling real estate?
  25. What questions should be asked when purchasing internet leads?
  26. How do Facebook ads work for wholesaling houses?
  27. What outdoor advertising techniques should be considered for marketing?
  28. How do I use the 3 different methods of valuing real estate?
  29. What information and tools are there for evaluating deal value?
  30. Which properties are worth visiting?
  31. How do investors accurately estimate repairs for a property?
  32. What are the 10 Steps in successfully negotiating a property purchase?
  33. Which contracts should be used for making offers?
  34. Where can money be found for wholesaling properties?
  35. Where can private mortgage lenders be found?
  36. When should transactional and hard money lenders be used?
  37. What type of software should be used to build buyers lists?
  38. Who are the important professionals to network with?
  39. What information should be included in a Wholesaling Deal Marketing Package?
  40. How can profits be made by selling a contract?
  41. How do double closings work (legally)?
  42. How do real estate closings work?
  43. What team members and advisors are wise to have?
  44. What is the best strategy for growing a wholesaling business?
  45. What will be done with all of the money and wealth generated from wholesaling?

This may sound like a lot, but all of these answers, and more can be found in one convenient resource, along with much more information to help aspiring real estate investors get on the fast track to wholesaling success. You’ll find it all in the The Real Estate Wholesaling Bible.

[fbcomments]