Wholesaling Wonders: More Than Just Deep Discounts! πŸ‘πŸ’Έ

Ah, wholesaling! The real estate world’s equivalent of a flash sale. But let’s be real, it’s not just about snagging that deeply discounted property. It’s an art, a science, and sometimes, a bit of a headache. 🀯

Wholesaling is like the Black Friday of real estate. Everyone’s looking for that 50% off deal, but not just any deal – we’re talking about properties that are 50% off their after-repair value (ARV). Sounds simple, right? Well, not so fast! πŸƒπŸ’¨

The math behind a wholesale deal is a bit like solving a Rubik’s Cube while riding a unicycle. πŸŽͺ🀹 The average wholesale deal sits at about 70% off the ARV. Subtract repairs and your fee, and you’ve got yourself a number. For instance, for a home worth $100,000, you’d ideally want to get it under contract for no more than $70,000. But wait! If it needs, say, $25,000 in repairs, you’re now looking at a contract price of $45,000. And that doesn’t even account for your profit! πŸ’°

To make a cool $5,000 on that deal, you’d need to secure the property for a whopping $40,000. That’s 60% off its ARV! Talk about a steep discount. πŸ“‰

But here’s the thing: while wholesaling is popular, it’s also where many investors hit a wall. If you’re only focused on wholesaling, you’re essentially a one-trick pony 🐎. But why limit yourself? There’s a whole world of real estate strategies out there waiting for you to explore.

So, the next time you’re eyeing that wholesale deal, remember: it’s not just about the discount. It’s about the strategy, the relationship, and sometimes, the ability to think outside the (property) box. 🏠✨

Happy wholesaling, and may your discounts always be deep and your profits high! πŸš€πŸ’°πŸŽ‰

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β€œOursourcing my marketing with Lead Mining Pros was the best decision I could have made. I actually have time now to work on closing deals and coordinating my transactions, and am getting tons of warm leads on a silver platter.”

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MEET OUR ALL-INCLUSIVE PACKAGES

Our All-Inclusive Packages are EXACTLY what you need if you are looking to oursoruce your marketing and lead generation to an experienced, professional, and effective team.Β 

We take care of everything from list pulling and skip tracing, to marketing, sales, and lead gen so all you have to do is follow-up and close deals.

β€œOursourcing my marketing with Lead Mining Pros was the best decision I could have made. I actually have time now to work on closing deals and coordinating my transactions, and am getting tons of warm leads on a silver platter.”

- Evan S.

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