Real Estate In Your Twenties

Real estate wholesaling is one of the most popular strategies for new investors to get involved with because it can be done with limited funds and experience.

But it’s definitely not all it’s cracked up to be.

I recently realized that BiggerPockets did not have one ultimate source of information about wholesaling. So… I thought I’d take up the banner and give myself a place to send people when they ask about wholesaling. It is my hope that this ultimate guide will give you a great starting point for understanding how wholesaling works. Consider this a foundation upon which you can build your wholesaling business.

I’ve made an attempt to be as thorough as possible while still maintaining some brevity, so to aid in that goal I’ve included multiple links to other great BiggerPockets content that I don’t need to repeat. I encourage you to open each and every one of these links into a new tab on your browser and read them all.

Yes, it might take a few hours.

But if you are serious about building serious income from wholesaling, it might be the best investment you’ll ever make.

Finally, understand that no matter how long I make this post, I could never cover everything there is to know about wholesaling. There are too many “but.. what about” and “but… what if”s. Instead, I want to encourage you to ask your questions either in the comments below this post or in the Wholesaling Forum here on BiggerPockets. The Forums are an incredible place to ask your question and get answers from dozens of successful investors. And it doesn’t cost a thing.

With that, let’s get to the Ultimate Guide to Wholesaling.

(Click to read on BiggerPockets…)

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

I’m almost speechless.

For those of you who know me, you know this is rare. But I just got finished setting up a real estate lead generation website (a “I Buy Houses” website) through LeadPropeller.com, and I’m blown away.

In less than twenty minutes I had my website built, including all the language I wanted on there, and it’s live. Right now. On the internet. For motivated buyers to contact me. So I can buy their houses. So I can make more money. So I can live the life I want.

The purpose of this blog post is to share a bit about LeadPropeller and how you can use it to make yourself a website and start attracting leads. But first, let’s talk about the problem.

Why You Need a Real Estate Investor Website

Leads are the lifeblood to any real estate investor.

(click to continue reading on BiggerPockets)

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

You know what they say about those who read?

They lead.

In one of my previous articles, “The 21 Best Real Estate Books for Investors,” I talked about all my favorite real estate books and the impact they have had on my life. However, I believe a great real estate investor should read just as many business books as real estate books — if not more.

So this year I made a concentrated effort to read more business books to help me improve my investing and business life.

The following are the five books that made the biggest impact in my life in 2014, and I hope they will make a dramatic impact on your life in 2015. Please let me know in the comments below this post your thoughts on these books and any other book recommendations you think I should check out! I’m always looking for a new book.

The 5 Business Books That Changed My Life in 2014

(click to continue reading on BiggerPockets)

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

What did you learn about real estate investing in 2014?

If you are anything like me: a lot.

Most of that learning has been from the BiggerPockets Podcast and the BiggerPockets Blog. Each week, more than 30 volunteer writers contribute articles to help others in the BiggerPockets community grow their real estate businesses.

I don’t think a day goes by that I don’t learn something from these amazing people.

Therefore, I thought it would be a good idea to sift through our “Analytics” on the back-end of BiggerPockets and see what the most popular posts for each month were. Below you’ll find the top 8 or 9 posts from each month, based on number of unique views in 2014.

Obviously, there were hundreds of incredible posts that didn’t make this list simply because the headlines were not quite as “catchy” or there was an over-abundance of incredible posts out all at the same time, so I want to take just a moment and thank every one of the volunteers who donated their time this year to help improve the BiggerPockets community.

Lastly, I wanted to give a shout out to my buddy Dave, who helped me put this list together and organize it. Thanks Dave!

Related: 25 Smart Tips for Real Estate Investing Success (From BiggerPockets Members!)

And with that, I give you:

The 100 Most Popular Real Estate Investing Blog Posts from 2014

(Click to read on BiggerPockets…)

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

What would YOU do with an extra $1,000 a month in your bank account?

Around BiggerPockets, you’ll hear a lot of stories of “big success.” Someone just flipped a house and made $100,000. Someone just bought a 300-unit apartment building. Someone just crossed the threshold of a million dollars in net worth.

These are awesome and inspiring stories, but if you are a newer investor, these goals might seem unattainable.

Today I want to share some strategies for making money investing in real estate, but rather than explore the best ways to make millions in real estate, I want to explore some ways to simply make $1,000.

As I go through this post, keep that first question I asked earlier in your mind: what would YOU do with an extra $1,000 a month in income? Also understand that none of this is “quick” or “easy.” This will take some work. But if an extra $1,000 would change your life, then keep reading.

And if you have family or friends who would benefit from earning an extra $1,000 a month, do me (and them) a favor and share this on your Facebook wall!

With that, let’s get to it.

(Note: below I give a lot of “numbers” and example deals. Understand that every real estate market is different, and you might think these numbers are absurdly high or absurdly low, depending on where you live. Try not to focus on the number as much as the principle behind the number.)

(click to continue reading on BiggerPockets)

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.