Real Estate Investing Training Video Wholesale Deal Part 1

http://www.localmentor.com/ host Michael Jake shows how a wholesale house flip happens. A walk through of a typical REO, Bank Owned House, Estate House, tired rental property, and how the deal was Found, How it was Funded, and how the profit was made and how much! Learn more Colorado Creative Real Estate Investing Techniques at http://www.localmentor.com/

Duration : 0:8:27


[youtube p32PxqwCtLQ]

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25 Responses to Real Estate Investing Training Video Wholesale Deal Part 1

  1. walisantana says:

    Mike,do you offer …
    Mike,do you offer your program in San Diego California?

  2. youngtangerine says:

    That’s what I’m …
    That’s what I’m talking about. You go localmentor…seems to me you are
    “doin’ the thing”

    LOVE REAL ESTATE 24/7!!!!!!! Tangerine

  3. macpduff says:

    Thanks for the vid
    Thanks for the vid

  4. pissedoffdude87 says:

    ha ha…no.
    ha ha…no.

  5. aaronmwall says:

    @pissedoffdude87

    @pissedoffdude87
    my first piece of advice would be to change your name to something more professional

  6. localmentor says:

    get some of John …
    get some of John Schaub’s books – all on amazon.

  7. pissedoffdude87 says:

    Does anyone know of …
    Does anyone know of any books or learning resources around that are good for someone looking to start out in property investment? I’m 22 and am looking at buying my first property to rent out and live in with the intention of making a profit on it and hopefully buying some more properties down the track. I guess i’m looking for something that will just explain the more basic facts before i start moving onto the finer points of real estate

  8. SelymAllip says:

    Hi my name is Myles …
    Hi my name is Myles and I’m looking for I suppose you could say a “mentor” I have taken a few classes on real estate investing and I see the opportunities that it brings. I’m looking to get in to get my mom and dad out of debt to reduce the insane stress they have. After of course I would like to juice up my money to provide a life out of debt for myself (I’m only 18 and in college). If your interested in showing me the ropes, I am a very good learner and I listen well.Would be much appreciated

  9. localmentor says:

    Overpriced? Your …
    Overpriced? Your market may be different than mine, but that deal was less than 70%-repairs and my buyer would buy as many of those deals as I could find and have margin to fix and flip it.
    …and yes things get more complicated when buyers try to use traditional bank financing. I wouldn’t even tie up a deal with someone who needed a loan. Rehabers pay cash or hard money or private money and can close in days. This house went from contract to closing table in 2 business days.

  10. Flammingos says:

    We just learned …
    We just learned about wholesales and real estate. It is really wonderful but I think you got that house overpriced O.o But I was told when the person who buys the home with a bank loan things get messy, is it true?

  11. misitohi says:

    I’m offering 1% …
    I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  12. sheena801 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  13. sheena801 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  14. vibes250 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  15. vineethpm1 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  16. praveenthube says:

    I’m offering 1% …
    I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  17. michabella22 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  18. navaneeee says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  19. carrotraisincake says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  20. fluffywalrus100 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  21. liorohu says:

    Let me try……… …
    Let me try………..

  22. olwen1987 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

  23. Trumpcard3230 says:

    BIRDDOG ALERT: I’m …
    BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Details at: mshinvestments(.)com

  24. localmentor says:

    internet will get …
    internet will get you more short sale and terms deals than all cash junkers – 9-1 ballpark stats by my account. far more pretty houses than ugly houses, so learn how to profit on them too and you’ll have a well rounded biz.

  25. localmentor says:

    keep in mind there …
    keep in mind there is no ‘one way’ to get leads. You get one system for lead generation up and running and working, then you start another. For beginners, driving for dollars gets them out from in front of the computer and into the market to learn what areas look like, sell for, etc…all while getting leads. Ugly and vacant is obvious to any untrained eye and a great way to start – at some point you can outsource that and move on to other, multiple leads gen strategies.