Zack Childress Automated Wholesaling Systems

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The New Market for Wholesaling Zack Childress Automated Wholesaling Systems

Transcript of Zack Childress Automated Wholesaling Systems

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The New Market for Wholesaling

Zack Childress Automated

Wholesaling Systems

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To give you the “bigger picture”—how to move from wholesaling deals to having a business that wholesales deals

To ensure that you understand: The wholesaling business Why you get paid to wholesale properties The key skills you’ll need to have or get

Today’s Goals:

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wholesaling is a false impression. It is not an creating an investment technique. It is more of an creating an investment quit technique. It is very essential realize that because techniques are really about how we are earning money like if we are rehabbing and rental choices.

Today’s Goals:

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Learn to do it

Do it

Systemize it

Passivize it

The big picture

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Learn to do it: Get a quality home study program or seminar Study it thoroughly Understand the business, the customers, the

process, the paperwork Do it:

Talk to sellers and buyers Look at properties Evaluate deals Make offers

The Big Picture:

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Wholesaling should never be a main technique. It should always be an quit technique, but when you are first beginning out, most of your technique is getting out of out of as many offers as possible. So, wholesaling becomes the main concentrate for most traders. It is a wonderful factor because there is little threat engaged.

The Big Picture:

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Because as a “wholesaler”, you:Limit your income to the offers YOU have the a chance

to doRarely have plenty of your energy and effort to work on

the “important but not urgent” things in your businessAs the owner of a wholesaling company, you:Can do endless dealsMove into multiple marketsStep away from the company, and it still makes money!

Why Bother?

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income$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Learn itDo itSystemize itPassivize it

Because of this…

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Referring to that, there are so many different methods that we can general. I am going to discuss those as well, but what I want you to be obvious on is that wholesaling is really nothing more than the art type of managing qualities through agreements and then we allocate our privileges to those agreements to a new customer.

Convinced Yet?

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We FIND MOTIVATED SELLERS Of the kinds of properties other investors want: bread and butter

and rental properties We EVALUATE those deals

What’s the ARV? What are the repair costs? What’s a good price for an investor/buyer?

What Wholesalers Do:A Review

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How do you bring value?

Because you’ve TRAINED yourself… To find those desperate sellers To understand your buyers To correctly evaluate a deal from the

buyer’s perspective To handle the paperwork correctly and with

no hassle to your buyers and sellers

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Key Skills to Master

1. Understanding what makes a good deal for your buyers

2. Finding deals

3. Evaluating deals4. Negotiating deals5. Selling contracts

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Why we do it

Wholesaling is so many things. If anyone ever pigeon holds you and says that it is “finding properties as a discount and finding a cash buyer,” well, the problem is that is someone who has not experienced wholesaling or knows wholesaling like I do.

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Why our SELLERS do itEstate propertyOut of town heirsNeeded major updating

Seller “didn’t need the money”, did need a 30 day close

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Understanding “Supply and Demand” in the Wholesale Market

“Supply” generally refers to LISTED properties

There are ALWAYS motivated sellers in any market

There are ALWAYS investors looking to make money in any market

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Why “Sellers Markets” Are Charming

Most investors—your buyers—ONLY know how to find properties that are offered TO them MLS properties FSBOs Sheriff’s sales/auctions etc

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How to Find Deals When There are “No Deals”

In a weak market, you focus on developing buyers

hot market (or bubble) you focus on: Finding off-market propertiesOn-market properties in weak

segments

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6 Kinds of Sellers:

Non-represented individualsRepresented individualsBank/listedBank/directHUDHedge funds

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The Real Estate Goddess’s Guide Shows YOU

How to calculate fix expenses, so you ALWAYS create a good provide

How to “do the paperwork” so that you never HAVE to buy your home you can’t provide, but still have the offer linked up so you possibly can create money

How to find a customer quick, so that your assessments start moving in immediately

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For More Details Visit: http://www.co-wholesaling.com/