|Make Money Wholesaling Real Estate Online|
|Written by Charles Petty|
|Wednesday, 24 February 2010 14:45|
Why Wholesaling Real Estate Online is Making Investors Rich
In today’s real estate market foreclosures and motivated sellers are everywhere. So what is the best money making strategy for you as an investor? That would be wholesaling the properties.
What is wholesaling?
Wholesaling is finding a bargain property and passing it on to another investor. That investor will either buy and hold the property or they will buy and resell it. The property can be a single family home, a multi family home, land, lots, commercial buildings, apartment buildings, pre-construction homes, condos or even new homes. It is simply finding a bargain property and passing it on to a bargain hunter.
That bargain hunter will be an investor who will either purchase the property to resell it or purchase it to hold it for rental income. Your profit as a wholesaler should be between $5000 and $30,000 on each house. In some cases it will be higher than $30,000 and on some deals your profit may be a little lower than $5,000.
There are several investors in states across the USA and foreign investors that see the discounted properties in today’ s market and are looking for a consistent source of these deals. That’s where you, as the virtual wholesaler come in!
This can lead to six figure profits in your first year in the business! In order to succeed in today’s market you have to be on the cutting edge. Using the concepts of Virtual Wholesaling will put you n the cutting edge and also put money in your pocket!
Real Estate Investing Expert, Charles Petty has been involved in over 700 real estate transactions in the last 9 years and is the creators of the Ultimate Turn Key Virtual Real Estate Investing Systems that work in any real estate market.
|Last Updated on Thursday, 25 February 2010 19:29|