Wholesaling: Your Cash Locomotive
For your real estate investing to thrive and grow, it needs a steady infusion of cash. Cash for expenses. Cash to market and expand. Cash for reserves. And most important – cash for you.
Wholesaling is the cash locomotive. This single strategy will bring quick, easy, consistent cash into your business. An average wholesale deal should earn you between $8,000 – $10,000; and you can easily do two deals per month with part time hours. We’re talking at most 15 hours a week – when you’re closing two deals a month.
That means that as a wholesaler you are earning between $16,000 – $20,000 every month for 15 hours a week of work! But the advantages don’t end there…
What Makes Wholesaling Great?
You never purchase the home! You simply sell the “deal” to your buyer who buys directly from the homeowner. You never have to locate purchase funds; you are never responsible for a mortgage; and repairs to the property are not your concern. Essentially, this is a risk free strategy!
Because of this, you can close multiple deals each and every month. Remember, these are high dollar – high profit transactions.
You’ll also love the speed of wholesaling. These are fast transactions with most closing within 30-45 days!. You’re not holding onto properties for months waiting to sell. Your buyers are better too. You’re not selling to an owner/occupant who needs to get a loan from a bank.
You are selling to investors who have their own sources of financing for the properties. They are able to close quickly and without all the typical contingencies you find in standard real estate contracts.
Where Can You Learn More?
Come to our next meeting June 7 at the Wingate by Wyndham Columbia Hotel at 6:30 PM.
Address: 217 Lenneau Ct. Columbia, SC 29212
Lou Castillo will be discussing how to start, build, and profit from your own wholesaling business even if you have no experience.
Lou started in this business in the early 1990s and once he and his wife discovered they were earning more part time in real estate than full time at their corporate positions, they “retired” from their jobs and went full time into the business.
Lou has closed on hundreds of real estate deals totaling over $30 Million. Although he began as a rehabber, he soon learned that wholesaling would be his Cash Locomotive.
What You’ll Discover
Lou will break down the wholesaling process to show you how easy it truly is to profit from this strategy. Most people would stop there.
Lou will also show you how a properly executed wholesaling business becomes the foundation for at least 4 other profit streams. You’ll uncover how to fully exploit all of the profit potentials available to you once you have a wholesaling business.
What You’ll Love About Lou Castillo
Lou is a high-energy speaker with a deep passion for real estate and for sharing his knowledge with others. His belief is that everyone deserves to live the life of their dreams and he wants to show them a path through real estate to realize those dreams.
You’ll be impressed with not just the amount of information he shares in a short period, but also the fact that he is such a down-to-earth approachable guy.
What you’re going to love about Lou’s presentation is that he encourages audience participation to make it interactive. The whole evening will feel like a night out with a friend who is sharing some great advice for establishing a growing a successful and very profitable real estate investing business.