Are you looking for guide to wholesaling real estate step-by-step PDF? Look no further, you have come to right place! My Crushing REI blog is loaded with content to get you off and running wholesaling real estate. I also published an ebook available on Amazon/Kindle “The Step-by-Step Guide to Getting Your First Wholesale Deal in 30 Days or Less (Without Spending Money!)”
Back in 2019 when I was just starting out, I would have paid big bucks for this ebook. If I only knew what I know now. The reality is, there wasn’t a good wholesaling real estate step-by-step PDF out there that I could find. So why not make my own?
When I was a newbie, the concept of wholesaling real estate made sense to me, but there was a lot of aspects that my mind couldn’t comprehend. I had so many questions.
- How do I find motivated sellers that will sell their house at a discount?
- Furthermore, why would anyone sell their house at such a big discount?
- Why would a buyer pay such a large assignment fee for a contract?
- How do you find cash buyers and how do you develop those relationships? (the thought of negotiating with rich investors gave me anxiety!)
- What contracts should I use?
- What title company should I use?
- Do I need a company name? Logo? Website?
- How do I get started?
For the most part, I am a self-taught wholesaler. I never splurged on any guru training. The most money I spent was on Jerryll Noorden’s SEO for Real Estate Investors program to get my website and SEO going. SEO is huge if you want to build a successful wholesaling business, more on that here.
The reality is, you can make a boatload of money wholesaling real estate. More than I could have ever imagined. Since the end of 2019, I’ve made over $1.5 million in assignment fee revenue, with most of that coming in the past year.
Wholesaling My Way to Financial Freedom
Not in my wildest dreams did I expect to start a business that generated over $1,000,000 a year. Heck, I would have been fine with 200-300k per year. The best part about this business is how extremely profitable it can be. Especially when you are in it, working it. Which I highly recommend at least for the first couple years.
But it all started with my first deal. It took me a while to finally get a deal, 7 months to be exact. Lots of failed marketing attempts and being hesitant with offers because I was nervous about failing to find a cash buyer. It’s so easy to fall victim to overthinking everything before taking action. The key is to force yourself to take massive, imperfect action. It may not go smooth the first time, but you will learn something and get better each time.
So how do you make that transition from learning to taking action go smoother? This wholesaling real estate step-by-step pdf guide will certainly help! This ebook is a short read goes through the entire process from start to finish.
In my book, you’ll find out how to…
- Prospect for motivated sellers in any market who are ready to sell their house at a discount (without expensive marketing)
- Organize your information and data to drive your success
- Make an impression during your initial seller meeting
- Perfect your sales pitch for WHY your seller should sell to you
- Come up with the perfect offer to your seller
- Closing the deal
- Building your cash buyers list
- Easily assigning your deal to a new buyer
- All of this in an easy to read, step-by-step format…and what you can do to keep the deals flowing in!
Let’s Take a Peek Inside
The Step-By-Step Guide to Getting Your First Wholesale Deal in 30 Days or Less (Without Spending Money!)
My name is Ryan, and I’m going to teach you how to get your first wholesale deal in only thirty days. I know what you’re thinking. What’s the catch? Who is Ryan and why should I trust him?
For starters, I’m not the typical guru that is looking to upsell you on a coaching program that costs thousands of dollars. You made a small investment on purchasing my ebook, and that’s good enough for me. I can promise you, the information provided here is well worth the small investment.
Secondly, I’m a self-taught wholesaler and I started from scratch. I’ve been in the trenches and learned the hard way. Fast forward 2 years later, and now my wholesaling business is generating over 100k per month. I’ve built a 7-figure business in less than 2 years. You can too, but you need to understand the basics of wholesaling first.
Over the years, I’ve invested a lot of time into self education. Reading books, listening to podcasts, searching the forums on Bigger Pockets, anything and everything to learn wholesaling. Looking back, I wish I had found a worthwhile step-by-step guide on wholesaling. It would have saved me so much time. However, I couldn’t find anything that wasn’t a hook for a mentoring or coaching program asking for a large financial investment.
So here we are, 2 years later. I decided to put together my own step-by-step guide. My vision was simple. To create an easy to read, step-by-step guide that was straightforward and very specific on each step. I can’t tell you how many times I’ve read a proclaimed step-by-step guide that does not fully explain each step. I believe my “steps” are specific enough that you couldn’t mess it up if you tried.
You Took Action – That’s a Big First Step!
If you are reading this, you must be interested in wholesaling and making lots of money. I’m going to show you how to earn thousands of dollars without making a financial investment using my tried-and-true method of wholesaling houses.
How am I so confident that this will work for you? I started wholesaling at the end of 2019, and I did my first deal in August for $8,000. Since June of 2021, I’ve averaged six figures per month while only putting in 25 hours a week. I was even working a full-time job while wholesaling! Now I’ve made this my full-time career.
If I can do it, you absolutely can do it too. And it takes no financial investment up front – just some of your time, commitment and motivation to make it work. As long as you follow each step in this guide and do exactly what I tell you to do, you should get your first wholesale deal in 30 days or less.
It won’t be easy. Nothing good in life comes easy, right? You are about to take massive action. Prepare yourself to bust it hard for the next week. When you are exhausted at the end of the day, just remember the end goal. If you get one deal, you could make $5,000, $10,000 or even $20,000. How would that change things for you?
If you are ready to roll up your sleeves and commit an extra 4-6 hours per day for the next 30 days, I’ll show you exactly what you can do to put yourself in the best possible situation to get your first deal. Let’s go!
What is Wholesaling?
Wholesaling is the art of selling your rights and interests in a property to another cash buyer for a fee. Essentially, you are selling your purchase agreement. In a wholesale deal, you don’t purchase the property and take title. Once you find a cash buyer and assign the purchase agreement over to them, that buyer will close on the property. This always works best when the end buyer is a cash buyer. It can be done with a financed buyer but many lenders don’t like assignments and many will require a new purchase agreement between the seller and end buyer.
Let’s break it down even further. You negotiate a buy price of $100,000 with the seller. You agree on a close date and additional terms such as who pays closing costs, etc. The seller signs your purchase agreement. Next, you market the property and your assignable purchase agreement for $110,000. You call your cash buyers, send an email blast and post it to a Facebook group. You find a buyer who agrees to take it for $110,000. They sign your assignment agreement for $110,000 and deposit earnest money at the title company. The difference between your original purchase agreement ($100,000) and the assignment agreement ($110,000) to the new buyer is the assignment fee you earn. When this deal closes, the title company cuts you a check for $10,000!
Wholesaling Is Marketing
Wholesaling is not “real estate investing”. Yes, wholesalers help real estate investors find great deals on investment properties, and successful wholesalers usually invest in real estate with their earnings. However, it’s important to understand that wholesaling is marketing. If you build a wholesaling business, you have built a real estate marketing company.
Once you have done a few deals, you will want to pay for marketing. In my blog, I talk about several paid marketing channels in depth such as direct mail, SMS marketing and Google SEO. These are proven marketing channels that help my business generate 40-50 off market leads every month.
When I first started, I didn’t have any money to spend on marketing. I had to hustle to get my first couple of deals. This step-by-step guide will show you exactly how to generate leads without spending money and get your first deal in 30 days!