West DFW REI Group

 

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Wholesaling real estate has a reputation for being the “easy” way to get started in investing — and in many ways, that’s true. You don’t need a ton of cash. You don’t need a license. And if you play your cards right, you can make a good profit without ever owning the property.

But here’s the thing no one tells you when you're getting started: Wholesaling can go sideways fast.

Maybe your buyer backs out last minute. Maybe the seller gets cold feet. Maybe a title issue pops up that throws everything off course. The truth is, if you’re Wholesaling long enough, a deal falling apart isn’t a matter of if, it’s when.

That’s why understanding the dos and don’ts of Wholesaling — and knowing what to do when a deal takes a wrong turn — is so important.

Let’s walk through it.

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The Right Way to Wholesale: What You Should Be Doing

Wholesaling works best when you’re prepared. It’s not about being flashy or cutting corners. It’s about knowing how to create win-win situations and avoid landmines along the way.

✅ Get That Inspection Clause In There

Every wholesale contract should have a solid inspection contingency. This gives you the right to walk away if something unexpected comes up — like major repairs, title problems, or issues with the seller. Think of it as your safety ... Read More…

 

There are plenty of options available when it comes to investing in real estate. However, it can be challenging for new investors to determine which strategy is the best one to start with. Should you focus on Wholesaling houses, building a portfolio of single-family rental homes, or becoming a Realtor? In this article, let's explore eight real estate investing strategies to consider. We'll also provide guidance on how to choose the best option for you.

Real Estate Investing Strategies

Wholesaling houses: To wholesale homes, you must find distressed properties, negotiate a deal with the seller, and then sell the contract to another buyer for a profit. It requires little or no money down and can be an excellent way to get started in real estate investing. 

Acquiring and renting properties as a landlord: Investing in rental properties involves purchasing a property and renting it out to tenants. This strategy can generate long-term passive income but requires more money upfront to buy the property.

Building new properties:  Building new properties can be a profitable option too, but it requires significant capital upfront and involves more risk than other strategies.

Real estate stocks and REITs: Real estate stocks and real estate investment trusts (REITs) are publicly traded companies that invest in real estate. Investing in these options can provide diversification and liquidity but can also be subject to market volatility.

Private mortgage lending ... Read More…

Buying a house from a wholesaler is a great method to locate deals at deeply discounted prices! This post discusses the pros and cons of dealing with a wholesaler.

Only investors hire experienced wholesalers to identify the perfect properties when buying houses in Dallas and Fort Worth. Wholesalers, on the other hand, can assist any investor in finding a home at a significant discount. Working with a local property wholesaler should never be underestimated, whether you are a real estate investor or simply a shrewd buyer seeking a great deal on a home.

Pros of Buying Houses From A Wholesaler In Dallas Fort Worth/North Texas

Great Prices
When you engage with a wholesaler to buy a house in Dallas, Fort Worth, you'll be able to find and purchase a home for a fraction of the retail price. Before they are available to the general public, a wholesaler knows how to locate the best off-market assets.

Simple Transactions
Working with a wholesaler streamlines the process. They'll be familiar with the process, ensuring that you and the documentation are ready for the closing. When you buy a house from a wholesaler, everything is taken care of for you, so you don't have to worry about difficult transactions or hidden fees. The professional wholesaler will take care of everything and answer all of your inquiries.

Multiple Properties Available
Wholesalers in Dallas and Fort Worth usually have several properties available at any given time. Because most wholesalers frequently work w ... Read More…

 
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A wholesale agreement for properties in Dallas-Fort Worth will be important to you as an investor, so make sure you grasp and understand everything about it. Learn more about the process and what to expect in our most recent post!

When two real estate investors/ wholesalers come together to find a distressed property at a low price, a real estate wholesaler agreement or a wholesale real estate contract will be required. The wholesaler enters into a contract with the seller to purchase the property, and then transfers or assigns ownership of the contract to the buyer. In essence, the wholesaler acts as a go-between between the seller and the new buyer, bringing together two people who might not otherwise have come into contact.

Contract Basics

There are many types of investor contracts available in today's investing world.  Some people use a real estate attorney to draft and evaluate for you to ensure that all terms and clauses are legally sound and make sense for all parties involved in the transaction. Many investors use their State-created contracts.  In Texas, we use the TREC 1 to 4 family contract.  Even though numerous templates are available online, you should always have your attorney review your final draft. The contract will normally include the specifics of the property as well as the terms and conditions of payment. Everyone's roles will be clearly defined to ensure that there are no misundersta ... Read More…