Feeling Excited But You Need To Read This 😱 · Real Estate Learning Community

Feeling Excited But You Need To Read This 😱

I am definitely fired up for this group having grown to 200+ members in such a short amount of time. Although, I do recognize some folks have joined this group looking to sell things that have nothing to do with real estate investing. If you come across these individuals please let me know and I will immediately remove and ban them from the group.

On other news! Had an incredible Zoom call with one of our newest FTS member guiding her and her husband through the quickest way to make $10,000 in real estate.

I did a training all about this with another student and literally showed her in real time from beginning to end how anyone can do this in any market.

I am sharing with you all this full private training down below! Happy Friday!

"Understanding Wholesaling Land Deals"

1. Introduction to Wholesaling 0:00

Discussed a call with Stacey about her first fix-and-flip.
Emphasized the excitement around wholesaling due to low risk and higher returns.

2. Importance of Quick Transactions 0:35

Highlighted the value of getting money in the bank quickly.
Mentioned the proof of concept and ROI from successful transactions.

3. Focus on Wholesaling Land 1:54

Explained the simplicity and speed of wholesaling vacant lots compared to other properties.
Shared experiences of helping others make significant profits.

4. Example of a Successful Land Deal 2:24

Walked through a recent deal involving a one-acre lot.
Discussed the process of pulling a list and contacting potential sellers.

5. Evaluating Property Values 3:30

Explained how to evaluate property values based on surrounding home sales.
Discussed the importance of understanding the local market.

6. Calculating Potential Profit 6:08

Shared a method for calculating potential profits based on ARV (After Repair Value).
Discussed the importance of conservative estimates.

7. Negotiating with Sellers 9:08

Discussed the negotiation process with sellers and understanding their motivations.
Emphasized the importance of asking the right questions.

8. Understanding Land Characteristics 17:40

Listed key questions to ask about land, including topography, water access, and utilities.
Explained how these factors affect land value.

9. Importance of Relationships with Builders 14:08

Discussed the benefits of having relationships with builders for land deals.
Explained how certain builders can often pay more than others due to lower construction costs.

10. Closing Thoughts on Wholesaling Land 43:03