So what is wholesale real estate contract and why should you even care?
That’s simply a real estate purchase contract executed with the intention of assigning the equitable rights in it to another investor.
The equitable rights is a trade-able entity that real estate investors have built profitable businesses on for ages.
Due to social media, the business is getting more popular and attracting abuse and regulations.
If you can keep it simple to marketing and service to people, you don’t have to worry about regulations.
These are the 3 Rookie MISTAKES to Avoid:
(1) 100 in 1 vs 1 in 100
(2) Marketing vs Law
(3) Anxiety vs Curiosity
Below is a question for us to address with this lesson...
“I did some D4D and found another property.
And I did some research and learned that the owners (husband and wife) are deceased.
I was able to find the wife’s obituary (she passed after the husband) and was able to learn of her surviving children.
Now I have yellow letters locked and loaded ready to send to them.
But I had a concern in that I couldn’t find anything in the probate records.
No information came up about the original owners let alone information on the property and its value.
I was curious to know if this would be an issue should I get a response since there is no record of an heir or personal representative for the property.”
Enjoy the video.
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ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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myEmpirePRO :|: http://myEmpirePRO.com