Zack Childress Tips For Risk And Lies About Wholesaling

Real Estate Lies

Real Estate Lies

Wholesaling can be one of the greatest things to any real estate investor when they are just getting started or they need cash now.

The problem that lies in this is that your traditional wholesaling educators or gurus tend to only teach you the myths and the strategies from ten years ago. There is a big problem with that. The market has changed. Investors have changed. Sellers have changed. The lies are that they just do not do it anymore. That is something that you need to be clear about.

You need to understand that wholesaling is made up of many different ways of investing as a wholesale investor which is obviously just the art form of controlling real estate to make what we know as an “assignment fee.”

A lot of these so called “gurus” out there will tell you that you need no money to do this strategy. Well, that is another lie. They always leave out the fact that you have to do marketing. There is traditional wholesaling where most people go down the path of really trying to start wholesaling. That is a flat out lie. If you are going to do traditional wholesaling, you have to do a lot of marketing which requires money on your behalf to invest in that.

Now, do not get me wrong. We can build to traditional wholesaling. I want you to also be aware that you can not only build to traditional wholesaling which requires marketing, but there is a phenomenal way of wholesaling right now in the current market which truly does not take any money for marketing if you position yourself as a co-wholesaler. As a co-wholesaler, we can find people with properties and we can find people with buyers, and we can use the correct paperwork in the process to earn a fee on those types of transactions.

Now, I want to be clear with you that not all wholesaling requires you to pay for marketing, but the myths and the lies that they tell you about traditional wholesaling does require for you to spend money on marketing, but let’s build through that as we learn what co-wholesaling is all about.

So, guys. This is Zack Childress. I just want you to be aware of some of these things and keep reading. There is more great information on this page and more articles that can help you become a better wholesaler in today’s market.

Click Here to Download my Co-Wholesaling Blueprint ($197.00 Value) for FREE

Zack Childress New Market For Wholesaling

New Housing Market

New Housing Market

Ok, so, let’s get real clear here. You know, wholesaling is not something that takes a rocket scientist to figure out. Anyone can buy a book from Barnes & Noble to learn about what wholesaling is all about. The problem with that is that those strategies are old. We call them old school wholesaling.” Anyone can wish and go out there and hope that is going to be a reality for them and the problem is that those techniques do not work today.

We call it “traditional wholesaling.” Can you do them? Yes, absolutely you can, but to be a good wholesaler and to run an operation as a wholesaler and to make money on a consistent basis in wholesaling, you need to be in the “know” and you need to be in the “now” and in the new market of wholesaling. The new market of wholesaling is really all about leverage, networking, and building other streams of wholesaling income coming in through your business.

I want to also be clear that there are more wholesalers in the market then there were ten years ago when it was easier. So, we have to position ourselves as someone of authority that can get deals done in the new market and we need to brand ourselves as a co-wholesaler. Through that, we can now be part of the new market and we can leverage the power of other people to help our business grow. The new market of wholesaling does not just do the traditional wholesaling strategy. It just doesn’t do co-wholesaling, but they are also into the strategies wholesaling like wholesaling unsellable properties and wholesaling to retail buyers and wholesaling REOs and wholesaling options and wholesaling commercial. These are the things that we need to know and understand when it comes to a new market, but the main part that you probably should pay attention to is where to start as a wholesaler.

To start as a wholesaler, you really need to think about what you have and what you do not have because a lot of the time what you don’t have going for you is really going to be your demise before you even start. So, with that said, one of the fastest and easiest ways to get started just like I did when I got started and how I help students all over the country get started is through co-wholesaling. That is the art that can get you into the real estate business faster than anything else with the power of leveraging and networking. Then you can be a part of that new market that is out there so you can benefit from the efforts and energy of other people.

I want you to really get close on that. If you can see yourself doing a deal in the next 30 or 60 days leveraging the power of other people, then this is probably where you should be starting as a co-wholesaler.

So, guys, stay tuned. Read another article on this page. Get more information about what we are doing here so that you too can make a huge jump in your business to get it off the ground where you need to be.

Click Here to Download my Co-Wholesaling Blueprint ($197.00 Value) for FREE

What Is Wholesaling?

What is Wholesaling?

What Is Wholesaling Real Estate

What Is Wholesaling Real Estate

Great question! What is wholesaling? Well, wholesaling is a misconception. It is not an investing strategy. It is more of an investing exit strategy. It is very important that you understand that because strategies are really about how we are making money like if we are rehabbing and lease options. Wholesaling should never be a primary strategy. It should always be an exit strategy, but when you are first starting out, your primary strategy is exiting out of as many deals as possible. So, wholesaling becomes the primary focus for most investors. It is a beautiful thing because there is little risk involved. There is no money needed. There are no loans needed. You do not need a whole lot of money to go out and do it. In some types of wholesaling, you do not need any money to do it.

Talking about that, there are so many different ways that we can wholesale. I am going to talk about those as well, but what I want you to be clear on is that wholesaling is really nothing more than the art form of controlling properties through contracts and then we assign our rights to those contracts to a new buyer. That is something that you want to think about when you are looking at this model because what we are doing is contracting the property and we are choosing not to close on it. So, instead of letting the deal go away, we still want to exit out of the deal and make money. So, we find a new buyer and we assign our rights to a new buyer.

Now, also understand this. Wholesaling, true wholesaling is where you never close on the property. You never actually buy the property. You never actually show up on the title. You never actually close or do any of that. You never go into escrow or anything because you are assigning your rights to that contract to a new buyer through what is called an “assignment contract.” At that point, the new buyer is the one that closes. They are the ones that go get the money. They go to escrow. That is something that you want to be very clear about.

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. I have been wholesaling for nine years now. There are so many different ways.

You have what is called “traditional wholesaling.” You have wholesaling options, wholesaling unsellable properties, wholesaling to a retail buyer, wholesaling REOs which by the way isn’t a true wholesale because in some cases, you have to take the title or close or borrow money, but there are ways to do that using what is called an LLC. There is also wholesaling commercial real estate and also what we know as “co-wholesaling” which is the fastest and easiest way to get started as a wholesaler because it really is truly little to none at all risk in it. There is really truly no money needed in that type of strategy.

When you are looking at wholesaling, just know that it is really about being able to control as much as you can and through contracts, and then selling those contracts to a new buyer for a fee without every closing on the property or borrowing money to close on the property.

There again, wholesaling is a very broad term. Never let someone tell you that it is a pigeon hold or that it is one type of thing. It is not. If they do tell you that, run from them. I will tell you right now that if you want to start as a wholesaler, the fastest way for you to start is co-wholesaling.

Get some more information about what we are doing here. Get some of our free stuff that we have here on the page. Learn a little bit more about it. I will see you guys hopefully on a video training, maybe in the back office as one of our new students, but also, keep reading more articles if you find yourself still looking for some answers.

Click Here to Download my Co-Wholesaling Blueprint ($197.00 Value) for FREE

Zack Childress Tips For How I Got Started As a Wholesaler

Get Started Wholeslaing

Get Started Wholeslaing

Hey! This is Zack Childress here and I get asked all the time “how did you get started as a wholesaler?

Well, like many of you, I read one of those ancient books and went to one of those ancient seminars where people talked about wholesaling and the power of wholesaling. I was gung-ho and ready to go. I went out in the market and I started trying but they always left out that I had to spend money for marketing to get the amount of leads that I needed to be a good wholesaler.

Well, I did get started and I did do a couple of deals here and there, but the real power that happened for me was a shift when I sat back and realized that there was other people that I was competing with, and how I could leverage the power of those people to help me grow my business.

Well, co-wholesaling was born almost eight years ago. That was really how it got started for me. At that point, I started interacting and really becoming a brand as a co-wholesaler.  I started finding all my co-wholesale partners and all my co-wholesale buyer partners and seller partners. I really started building that whole entire process of leveraging the power of my network to grow. That is what allowed me to really skyrocket my wholesaling business.

Then it went on into other markets. I started going out into other markets and leveraging those powers. Then I was able to start marketing for sellers and co-wholesale with wholesalers who had buyers. I was able to put all that together. The secret was really understanding the paperwork and the process of how I secure myself and how I had these conversations. It started building and building the momentum because now it was not just me anymore. It was me times as many people as I wanted it to be. It just grew and it expanded and it doubled every single six months. I was growing and growing and growing.

That is the same thing that I want my students to see. I want my students to feel that growth. I want my students to feel that excitement that it is working. The problem is that we can’t get there through traditional wholesaling. We have to get you there through co-wholesaling because that is how you are going to get there the fastest.

Obviously, that is why the course is called REI Quick Cash System so that you can achieve the goals that you want in the fastest way possible.

So, people always ask “Zack, how did you do it?” Well, that is how I did it. I did it with the same exact course that I am showing you here on this page. You too can make it happen. You just have to make some shifts. You have to make some changes so you can achieve the results that you want in life.

So I recommend that you keep moving forward, you keep learning, and you keep educating. Let me help you get there the same way I did for my own business. All I have to get you to do is understand the power of co-wholesaling and get you trained on that so you can go out and leverage the growth of your business too.

Click Here to Download my Co-Wholesaling Blueprint ($197.00 Value) for FREE