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Wholesailors Academy

2.3k members • $15/m

AutoClose REI

51 members • $147/m

Real Estate Cheat Codes 🏚

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Wholesaling Houses 101

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10 contributions to AutoClose REI
AutoClose REI Update: Group Temporarily Suspended
The group will be shut down for about a week due to low engagement for PAID memberships. This is my full-time job as a mentor, real estate investor and father figure leading by example but if things do not pay for itself I have to skip a bill until I can pay for a bill. It seems Skool pro-rated mid-month when I upgraded to the PRO account instead of charging me full price like they should of and now the bill is due 2 weeks ahead of schedule and two weeks too early when I expect to get paid from a lot of my of other resources outside of skool. I am sorry if this creates a delay in our weekly meetings.....this came as unexpected and unplanned. See you in one week or so........ If you need to contact me feel free to reach me at 814-831-9853
AutoClose REI Update: Group Temporarily Suspended
0 likes • 2d
No worries
52 MEMBERS AND COUNTING?: WHO WANTS FREE LEADS?
Attention all my lurkers action takers and go-getters I am now free to give everyone in the group 100-300 free leads and help you close deals with our buyers that are either nationwide to you or local......... We need help in OH, FL and PA.......I encourage all FREE PLAN MEMBERS to take action and request your leads now. I need you to research what counties you will like to get leads for that match OH, FL and PA? Let me know in the comments...............there is plent of properties to go after............ Comment Your Preferred State: OH, FL or PA and name a county......make sure you look at the buy boxes available in BUYERS BUY BOX or if you have not requested your free BUYERS LIST from me for these markets I will send you that list.............just let me know or I will not send you what you need!! Closing deals takes effort, patience, and determination but more importantly it requires letting me know what you want first and seen if this group and my college, on the job and career background is what can help you succeed as a beginner in real estate as a starting wholesaler. If you are not a beginner looking for your first deal and joined as an experienced KNOW HOW and need affordable options. Send me a private DM. I can help you privately scale under our LOW-ENTRY/HIGH-RETURN options............. #HappyDealHunting #PutInYourRequestNow
52 MEMBERS AND COUNTING?: WHO WANTS FREE LEADS?
1 like • 3d
@Patrick Brown Akron OH. Please also send me the buyer's list. Thanks in advance!
1 like • 3d
@Patrick Brown thanks. I just responded to your email.
Happy Sunday: Sunday Meeting Sept.28th Cancelled
Im going to cancel the Sunday Meeting today for 3PM EST. I need to revamp some business models that will help push my company into a new phase working with some new business clients and I will be busy creating content, holding conversations and talking profit and losses......... If you are a LEVEL 1 account and have not attended any meetings, I will find time this week to personally reach out to and discover your motivation, WE NEED ACTION TAKERS!!!!! If you are taking action and staying in touch with me I will send you those free leads to work on if you are in the FREE PLAN>Please put your name below if you want leads................ HAPPY SUNDAY!!!!!! #Happy DealHunting
1 like • 4d
Sounds good. What states are you looking into.
1 like • 4d
perfect. Send me some leads and I’ll work on them. Please send me also the other instructions on your calculator formula and completing and sending offer sheets. Thanks
AutoClose REI: Our Purchase Power……
This is how easy we have made buying real estate when it comes to making offers to ON/OFF Market properties allowing us to get a property under contract and close more deals. Our Purchase Power: Offering 70% of the asking price upfront and the remaining 30% overtime from the projected rent. Typically offering $1000/MO. To seller and if we can get a clear estimate of the rent projections, we could possibly pay them more then $1000 up to $2000/Mo. Allowing us to purchase the property at 100% ahead of what others are offering when they busy making LOWBALL OFFERS….we are buying 100% of the asking price allowing us to always get the contract. Contracts, Terms and Conditions Required: 1. Purchase and Sale Agreement 2. The Promissory Note 3. The Mortgage or Deed of Trust 4. The Deed Additional Considerations and Clauses: 1. Rental Income Allocation Agreement 2. Property Management Clause 3. Fix and Flip Clause 4. Insurance and Taxes 5. Default and Forfeiture Clause This type of real estate transaction, where the seller provides financing for a portion of the purchase, is known as "owner financing" or "seller financing." To structure a deal where you pay 70% upfront and the remaining 30% over time from the projected rental income, you will need several key legal contracts and documents. It is highly recommended that you consult with a qualified real estate attorney to draft and review all of these documents to ensure they are legally sound and protect your interests. Here are the essential contracts and documents you'll need: 1. The Purchase and Sale Agreement (PSA) This is the foundational contract for the entire transaction. It outlines the core terms of the deal, including: - Purchase Price: The full, agreed-upon asking price of the property. - Down Payment: Acknowledges the 70% of the asking price that you will pay upfront. - Contingencies: Standard clauses like inspection, appraisal, and title review. - Financing Clause: This is where you specify the owner financing arrangement. Instead of a traditional mortgage contingency, this section will state that the remaining balance will be financed by the seller. - Closing Date: The date the deal will officially close and you will take possession of the property.
AutoClose REI: Our Purchase Power……
1 like • 8d
Love it!!
3 likes • 10d
Interesting strategy. I agree that sellers are more informed and are flooded with calls. I wasn’t able to watch the entire video. Only had 15 minutes left. I’ll try restarting my phone. My understanding is that our role is to evaluate the leads using AI. Is this correct. I don’t usually work on the weekends but I’ll join the next call. Do you have many members in Texas? Look forward to talk then. I’m also interested in the CRM. Let’s schedule a call!! Thanks for sharing and look forward to JVing!!
0 likes • 9d
@Patrick Brown I heard different opinions on this but I we can an gree on another state.
1-10 of 10
Wendy Gokool
3
44points to level up
@wendy-gokool-2064
Wholesaler partner, note buyer consultant and lender

Active 6m ago
Joined Sep 4, 2025