| In this particular article I'm gonna talk to you about | | | | new investors think that the hardest part is finding |
| some different ways too quickly generate cash in | | | | the deals. This is not true. |
| real estate investing. | | | | For most new investors the hardest parts is finding |
| One way to generate cash quickly and real estate | | | | other investors that are serious buyers and who are |
| investing is to Wholesale Property. What is | | | | willing to buy their deals. |
| wholesaling property? | | | | So, in my opinion, you should be focusing on building |
| Wholesaling property is finding a great deal, putting | | | | your list of investor buyers immediately. If I were |
| the deal under contract and then quickly selling it to | | | | starting from scratch I would build it using both direct |
| another investor or an end buyer. | | | | marketing and networking. I would send out mail to |
| So, let us take a look at those three steps and see | | | | investors, post ads to find investors and respond to |
| how we can accomplish generating quick cash by | | | | ads investors are running. Plus I would ask everyone |
| wholesaling real estate. | | | | I know if they know of someone looking to buy an |
| First finding great deals. In our current market finding | | | | Investment Property. |
| some truly great deals is not very difficult. With the | | | | A couple other ways to generate quick money with |
| current flood of foreclosure properties, short sales | | | | real estate investing have similar steps like |
| and otherwise motivated sellers, there are some truly | | | | bird-dogging where you just find deals and turn them |
| amazing deal available right now. | | | | over to another investor for a much smaller fee and |
| Once you've found a deal, you need to control the | | | | buy a house to fix it up and quick turn it. In changing |
| deal in some way. Most people prefer to put the | | | | markets, I am reluctant to recommend that strategy |
| house under contract to control it. You can also use | | | | except for extremely good deals or deals that |
| an option to control the deal as well. | | | | require you to take ownership like deals in the MLS. |
| The last part of quickly selling it to another investor is | | | | Those are the steps to quickly generating money |
| usually where most new investors get stuck. Some | | | | with real estate investing. |