How to Start Wholesaling Houses with No Money | The Ultimate Guide

TLDRLearn how to start making money in real estate through wholesaling houses, even if you have no money, credit, or experience. Follow the four phases outlined in this video to achieve success.

Key insights

💡Wholesaling houses is a real estate strategy that allows you to make money without having to invest your own money.

💪To succeed in wholesaling houses, you need to have a burning desire, unwavering commitment, and a strong work ethic.

📚Proper education and training are essential in wholesaling houses. Learn the necessary techniques and strategies to find, analyze, negotiate, and secure good deals.

📞Consistent lead generation is the key to success in wholesaling houses. Use free resources like Prop Wire or the Agent Outreach technique to find motivated sellers.

💰Make low cash offers to agents and sellers to secure deals. The more offers you make, the more deals you'll get and the more money you'll earn.

Q&A

Do I need money or credit to start wholesaling houses?

No, wholesaling houses allows you to make money without having to invest your own money or have good credit.

What are the basic steps to start wholesaling houses?

The basic steps include having a burning desire and commitment, learning proper techniques and strategies, consistently generating leads, and making low cash offers.

How can I generate leads for wholesaling houses?

You can generate leads by using free resources like Prop Wire or following the Agent Outreach technique to find distressed properties and motivated sellers.

How many offers should I make to secure deals?

It is recommended to make at least five offers a day to increase your chances of securing deals and earning money in wholesaling houses.

Can I start wholesaling houses part-time?

Yes, you can start wholesaling houses part-time. However, it is important to have a burning desire and a strong work ethic to succeed.

Timestamped Summary

00:00Introduction: Wholesaling houses allows you to make money without investing your own money.

06:56Phase 1: Have a burning desire and unwavering commitment to succeed.

09:15Phase 2: Learn proper techniques and strategies through education and training.

13:36Phase 3: Consistently generate leads to find motivated sellers.

16:55Phase 4: Make low cash offers to agents and sellers to secure deals.