Hey Ryan, I just want to start out by saying thank you! I followed the link to download your templates. I couldn’t believe that they were actually free, no questions asked, no sales pitch, just helping out the new investors like myself. Just because of this transparency and honesty alone, you have impressed me more than any other content provider I follow. Keep up the great work.
I would love to see a video of you filling out the purchase and sale agreement to get insight on what details you input in order to get your offers accepted
HI RYAN I JUST WANT TO THANK YOU !! YOU ARE AN EXCELLENT TEACHER !!! I'M LEARNING A LOT FROM YOUR VIDEOS !!! YOU MAKE IT VERY SIMPLE FOR ME TO GRASP AND I CAN TELL THAT YOU HAVE A HIGH LEVEL OF INTEGRITY !!! KEEP DOING WHAT YOUR DOING ITS VERY HELPFUL !!! PEACE AND PROSPERITY TO YOU AND YOUR BEAUTIFUL FAMILY !!!
I know you said you planned on doing this but just to throw in a video recommendation for you would just be finding deals and calculating ARV, repair costs, etc. Basically just number crunching. Maybe videos of you finding deals online, then going to the property to check it out, then everything after that if its a good deal, while breaking everything down.
Great information Ryan! Thanks for sharing the wealth. Just got your book and getting ready to read it. Could you make a video on repair costs and building your buyers list?
Great video Ryan. Full of gold nuggets and easy to understand, can you explain more about RVM. Ryan Thank you for your commitment and valuable teachings
By the way Ryan, you post very valuable content for flippers! I've been skimming through your videos for the past few hours. My fiance introduced me to you this evening... she's the first one who found you because she was intrigued by your couch flipping videos (which we want to do as well) and then she's like "look honey, he does real estate like you and he used to play baseball...you love baseball don't you?"... Absolutely...yes I do and I also love real estate... perfect matchup! LOL
Great video! It would be very helpful if you could cover how to find/build a buyers list step by step. Finding deals mean nothing if you don’t have anyone to buy it.
So can you explain why a Wholesaler is needed, why can’t a seller go direct to a buyer? Or, conversely why does someone want to enter into a wholesale contract compared to going to a realtor to sell their home instead? Lastly, if someone is able to secure a wholesaler contract, (and with a minimal earnest deposit), that timeframe to find a buyer must be accomplished within a relatively short amount of time, if I am understanding correct? So, you would need to have some idea of who’s to be likely wanting to buy it?
As a believer I can’t stomach going into a home saying I was going to buy the house but my intention was to assign it. Do you tell the seller upfront that the goal is to assign? Would love to hear your thoughts! Thanks for the video
Cody Harris nothing wrong or immoral with assigning it. When I walk them through the contract I explain them the assignment clause. “This means if we want, we can sell the house to one of our partners or another investor. Sometimes we do it but either way it will not affect you. You’re still getting your price no matter what.”
@@RyanPineda This answered 1/2 of the questions I had too. The next would be for the buyer. Buyer's are willing to understand they are essentially paying more for what the "wholesaler" was able to negotiate?. Would the buyer then decline due to knowing they're about to pay 20k more than what it is being sold for? Or is it an easy route for them knowing they landed a property to flip since the hard part of negotiating has been completed. Lol I hope that makes sense.
Im trying to wrap my head around this. So far, no one has been able to answer this with several whole salers just leaving in mid convo after asking this one simple question. If someone came up to me with this deal, id look up the property. If you dont own it, im going right to the owner now cutting you right out. Whats stopping anyone from doing this?
Great content! Question for you .. can you be left holding the bag so to speak if you can't find a buyer for the deal you have under contract? If so, what is a good closing date to use?
That's negotiable. Either party can. It bolsters your offer more though as the buyer to offer to pay the closing fee, plus since you're not the end buyer you wont actually pay it regardless. And if the buyer doesn't wanna pay it and your wholesale fee is big enough you can always take it out of your portion to keep both sides happy.
I’m a little confused as to everyone saying that it costs nothing to do wholesaling but then they state that you’re putting e.g. 70k on a contract despite “not buying it”. If you can’t find a cash buyer does that mean you are now stuck with the property and 70k in debt? I’d like to get into this for the income aspect, but I dont want to hurt myself with making a mistake. Thank you for any advice.
From my knowledge. There are contingencies in the purchase and agreement contract that can be used to get out of the deal in those scenario's. You just have to find a good pair of contracts to use. Learn their jargon as well as you can because those fancy words will save you if all hell breaks loose.
Do you think because everyone is sharing this stuff on youtube now because broadcasting makes more that the market will be saturated? Or do you think it will actually make room for more because people will just switch to broadcasting or what?
Awesome stuff! Also, I'm an investor in India but like to invest in flipping properties in the US. Is there a way for me to partner up or are there companies that help people like us in the US ?
I’m an escrow officer and have been for 21 years. It’s not as easy to find an escrow co or title co that will insure the transaction if it’s not disclosed properly. Most will turn away the deal unless it’s black and white and both assignee and seller are aware of the price increase on the flip side. Sometimes the investors don’t always disclose what the transaction is, which is where you run into issues and it can be viewed as a “double escrow”. As long as it’s mutually agreed upon and escrow is aware of the assignee, you should be fine. 🙂
Javier Salazar Garza I listened to sell or be sold. But seems abit harsh when dealing with home owners youree trying to relate to in stressful situations
Did he say 100k house 70% which is then 70k then minus 20k repairs & now you get the house for 50k, but need to make profit so you get it @30k & make 20kprofit. What market is this realistic in? Where you can get houses 70% off? Million dollar houses going for 300k @ that rate.
Ideally, you want to be all in for about 70% of the market value of the house. You can read my book Flip Your Future (available for free on FutureFlipper.com) to get a breakdown of how to know what a good deal is
I don’t know this whole selling homes doesn’t seem as easy as RUclipsrs tell you. How do you calculate the offers? How do you know if you’re leaving enough meat on the bone for yourself how do you find deals? How do you find buyers? Everything’ seems too overwhelming to a person with 0 experience. Seems like a lot of things can go wrong for you.
@@Eduardocruz003 To be honest bro I dont think so. But I recommend bird dogging. Im bird dogging right now 30% of the deal is mine. All I do is cold call. So far no deal but we’ll see
hey ryan! i hope your day is blessed! are you willing to do things like take someone under your wing and help them out if they pay you for your time! i'm just 21 going on 22 and i'm looking to start making some big money, been really good in saving and i work in time share so i have selling experience, I have about 20k that i can invest into something but i wanna make more money, but i just need the right guidance because i know i have the attitude and the hunger to match with it! so please let me know if you have anything that can help me out and i'll give you my personal info when you reply! loving all the new content!
BEFORE you sign a contract, you need a buyer. Signing a contract without having a buyer or a few buyers in the "wings," is suicide. You usually have 30 days to sell a house. What happens when you do ALL of that work finding the property, evaluating it etc; and you have NO buyer? Just my 2 cents.
![Real Estate Wholesaling for Beginners with NO MONEY [Step By Step]](http://i.ytimg.com/vi/3-mrL5DdU70/mqdefault.jpg)
![Real Estate Wholesaling for Beginners with NO MONEY [Step By Step]](/img/tr.png)
Sooo helpful! 💪🏼 much success for who ever is reading this and never give up!. Ryan, thank you for your great content
Glad you liked it!
Hey Ryan, I just want to start out by saying thank you! I followed the link to download your templates. I couldn’t believe that they were actually free, no questions asked, no sales pitch, just helping out the new investors like myself. Just because of this transparency and honesty alone, you have impressed me more than any other content provider I follow. Keep up the great work.
I would love to see a video of you filling out the purchase and sale agreement to get insight on what details you input in order to get your offers accepted
Hi I can’t find the contracts , do you mind sending it to me ?
Would love a separate video on how to generate leads and also sales skills. Been binging on your RUclips channel, such great content and quality.
Hi, can u recommend an escrow company and or escrow agent that has experience in doing escrows for wholesaling in Ca and or Vegas? Thanks.
Congo Mike
Good job like & enjoy the the video clear explanations thanks
HI RYAN I JUST WANT TO THANK YOU !! YOU ARE AN EXCELLENT TEACHER !!! I'M LEARNING A LOT FROM YOUR VIDEOS !!! YOU MAKE IT VERY SIMPLE FOR ME TO GRASP AND I CAN TELL THAT YOU HAVE A HIGH LEVEL OF INTEGRITY !!! KEEP DOING WHAT YOUR DOING ITS VERY HELPFUL !!! PEACE AND PROSPERITY TO YOU AND YOUR BEAUTIFUL FAMILY !!!
I know you said you planned on doing this but just to throw in a video recommendation for you would just be finding deals and calculating ARV, repair costs, etc. Basically just number crunching. Maybe videos of you finding deals online, then going to the property to check it out, then everything after that if its a good deal, while breaking everything down.
Hey Ryan.
Awesome video... filling all the holes my mentor left.
A video about comps and calculating ARV.
Im going to wholesale a home this year! WISH ME LUCK! Thanks Ryan God Bless!
Hey Ryan! thanks for producing this crazy value! How do I get in contact with your assistant to have you on our podcast?
Could you explain the marketing channels? I think that’s a critical part. And what fits best?
Fantastic content 1000% transparent how do you only have 100k subs completely underated smh
Awesome video ! Can you do a video explaining how you can be as efficient as possible on driving for dollars & how it would work?
Great information Ryan! Thanks for sharing the wealth. Just got your book and getting ready to read it. Could you make a video on repair costs and building your buyers list?
pretty sure all of us wouldn’t complain about an hour long video coming in depth in each aspect of it
Currently binging your Playlist and taking notes along the way. Thanks for the content man🙏
Thanks for explaining the contract we can use and providing one for us!
Please make a video on how to find buyers and sellers and how to get the contacts. Thank you for the great video 🙏💪
Would love to know best marketing practices and how to find cash buyers once you start securing properties?
Great video Ryan. Full of gold nuggets and easy to understand, can you explain more about RVM. Ryan Thank you for your commitment and valuable teachings
I definitely want to learn how to wholesale, but I don’t think it’s possible just yet here in the la/oc market
A video on how to find wholesale deals. When looking at possible properties, what are the qualities that STAND OUT to you?
Hi Ryan, it would be great to see a deal evaluation video, because it's all about the numbers. Thanks
Thanks for the idea!
By the way Ryan, you post very valuable content for flippers! I've been skimming through your videos for the past few hours.
My fiance introduced me to you this evening... she's the first one who found you because she was intrigued by your couch flipping videos (which we want to do as well) and then she's like "look honey, he does real estate like you and he used to play baseball...you love baseball don't you?"... Absolutely...yes I do and I also love real estate... perfect matchup! LOL
Hi Ryan what course do you recommend????
Hey Ryan, I just moved to Brooklyn, New York, and my question is; homes here are $1,000,000. +, can I wholesale in this area?
You can wholesale in high ARV cities but it's more challenging.
Thanks for this video! Also what happens if you don’t find a buyer?
Thank you for the video Ryan this is what I'm exactly trying to learn!
Awesome!
Thank you Ryan, you are the goat. A video on generating leads with RVM would be cool 😎
@Jacob Greek ringless voicemail
Another video for lead generation. Thanks.
Great video! It would be very helpful if you could cover how to find/build a buyers list step by step. Finding deals mean nothing if you don’t have anyone to buy it.
great video...very informative..thank you Ryan!
A great overview about wholesaling.
Ryan I am in a highly priced market. I would love to know more about to determining ARV and repair costs.
Great video sir. I definitely need this. 💯🔥💯🔥💯
.
.
Keep up the great work sir. 🙏
So can you explain why a Wholesaler is needed, why can’t a seller go direct to a buyer? Or, conversely why does someone want to enter into a wholesale contract compared to going to a realtor to sell their home instead? Lastly, if someone is able to secure a wholesaler contract, (and with a minimal earnest deposit), that timeframe to find a buyer must be accomplished within a relatively short amount of time, if I am understanding correct? So, you would need to have some idea of who’s to be likely wanting to buy it?
Simple steps to follow!
Please make one on Paid Ads with best tips and reviews of effective ads 👍
Former teacher turned flipper -- Ryan, it's "You're just not good at it," not "Your just not good at it." : ) Thanks for the great information!
Great overview! What are your top marketing channels for distressed sellers?
Thank you Ryan , I really appreciate this gift that God has given you.
How many texts a day to get a deal in Phoenix market ? Also wondering can you do a video on price per square foot
I live in Arkansas and I would love to know more about( driving for dollars)
I see a lot of vacant homes just in my day today at work
Can I use your contracts in LA?
Evaluating what a good Market is... What math do you do for the evaluation... and how long you stay in that market ?
Please explain the leads in depth !!
You’d have to qualify for the property first right?
If you’re doing this remotely do you email the contract to the seller?
Please answer this. I didn't see the free contracts on your website. Where can I get the contracts,?
Do you have to pay capital gains tax of the profit from the assignment fee?
I’m having trouble with market comps and ARV ?
Clear explanation! Can you do a vid on finding deals on redfin, Zillow, fb?
Do you sell just the whole sailing portion of your course by itself or you have to buy the entire course?
Great info! Very helpful!💪
Glad you think so!
Hey Ryan, what’s your upload schedule? I see you post around 1:15 but I’m not sure what days you post on. Great video as always!
He posts Monday - Friday! He will start doing 6-7 days a week soon
As a believer I can’t stomach going into a home saying I was going to buy the house but my intention was to assign it.
Do you tell the seller upfront that the goal is to assign? Would love to hear your thoughts!
Thanks for the video
Cody Harris nothing wrong or immoral with assigning it. When I walk them through the contract I explain them the assignment clause. “This means if we want, we can sell the house to one of our partners or another investor. Sometimes we do it but either way it will not affect you. You’re still getting your price no matter what.”
@@RyanPineda This answered 1/2 of the questions I had too. The next would be for the buyer. Buyer's are willing to understand they are essentially paying more for what the "wholesaler" was able to negotiate?. Would the buyer then decline due to knowing they're about to pay 20k more than what it is being sold for? Or is it an easy route for them knowing they landed a property to flip since the hard part of negotiating has been completed. Lol I hope that makes sense.
Good stuff! I'd love to see a video on your take on door knocking.
Thanks!
How can I get upgrades on a new home that's in escrow but has not been bluetaped just yet for final walkthrough without a realtor?
Also do we have to pay for the appraiser and to the contractor . Please explain thanks
I’m from Vegas I’m very interested in learning how to close deals please help
Im trying to wrap my head around this. So far, no one has been able to answer this with several whole salers just leaving in mid convo after asking this one simple question. If someone came up to me with this deal, id look up the property. If you dont own it, im going right to the owner now cutting you right out. Whats stopping anyone from doing this?
Great video, this helped out a lot
Good!
Great content! Question for you .. can you be left holding the bag so to speak if you can't find a buyer for the deal you have under contract? If so, what is a good closing date to use?
You would leave a contingency that would give you an out.
Please cover repair cost breakdown
Does a wholesaler have to pay any fees like closing cost etc...?
Who pays for the fees, the closing fees etc
That's negotiable. Either party can. It bolsters your offer more though as the buyer to offer to pay the closing fee, plus since you're not the end buyer you wont actually pay it regardless. And if the buyer doesn't wanna pay it and your wholesale fee is big enough you can always take it out of your portion to keep both sides happy.
I’m a little confused as to everyone saying that it costs nothing to do wholesaling but then they state that you’re putting e.g. 70k on a contract despite “not buying it”. If you can’t find a cash buyer does that mean you are now stuck with the property and 70k in debt? I’d like to get into this for the income aspect, but I dont want to hurt myself with making a mistake. Thank you for any advice.
Also what happens if the title company finds that the seller doesn’t have the liens and fees paid?
From my knowledge. There are contingencies in the purchase and agreement contract that can be used to get out of the deal in those scenario's. You just have to find a good pair of contracts to use. Learn their jargon as well as you can because those fancy words will save you if all hell breaks loose.
Do you think because everyone is sharing this stuff on youtube now because broadcasting makes more that the market will be saturated? Or do you think it will actually make room for more because people will just switch to broadcasting or what?
I would love to know how to get leads
how the buyer knows it's a good buy, do you send a inspection report?
How to find the buyer part please
How do you find buyers list?
Where can I buy digital real estate that is very chieap and is profeteble
You mentioned escrow what does this mean?
Hey Ryan, how do you deal with cold calling and people on the DNC registry? Have you guys ever been fined?
Kathy Vuong scrub them and take them off your list. We’ve been threatened but not fined.
@@RyanPineda Thanks for the reply. Any service that you would recommend for scrubbing?
What is the title company?
Is there a way to know if certain properties cannot be wholesaled or do you sign onto a contract first and say that you are a wholesaler?
yea use the formula to see if the property is a deal or not
Can you post a video on how to market for new leads
I recently made a video on how to find your first deal this month. Hope this helps! ruclips.net/video/iu7DSDQRGDw/видео.html
Awesome stuff! Also, I'm an investor in India but like to invest in flipping properties in the US. Is there a way for me to partner up or are there companies that help people like us in the US ?
Hi Ryan,
Can u please recommend and escrow company/escrow agents that knows how to do wholesale escrows in Ca and/or Vegas?
I’m an escrow officer and have been for 21 years. It’s not as easy to find an escrow co or title co that will insure the transaction if it’s not disclosed properly. Most will turn away the deal unless it’s black and white and both assignee and seller are aware of the price increase on the flip side. Sometimes the investors don’t always disclose what the transaction is, which is where you run into issues and it can be viewed as a “double escrow”. As long as it’s mutually agreed upon and escrow is aware of the assignee, you should be fine. 🙂
Just bought never split the difference after this video. 😎👊
Lol! Me too!
Javier Salazar Garza I listened to sell or be sold. But seems abit harsh when dealing with home owners youree trying to relate to in stressful situations
Good thing i can sell water to a fish 🐟 😍
How to negotiate with the sell😢
Did he say 100k house 70% which is then 70k then minus 20k repairs & now you get the house for 50k, but need to make profit so you get it @30k & make 20kprofit. What market is this realistic in? Where you can get houses 70% off? Million dollar houses going for 300k @ that rate.
Ideally, you want to be all in for about 70% of the market value of the house. You can read my book Flip Your Future (available for free on FutureFlipper.com) to get a breakdown of how to know what a good deal is
I don’t know this whole selling homes doesn’t seem as easy as RUclipsrs tell you. How do you calculate the offers? How do you know if you’re leaving enough meat on the bone for yourself how do you find deals? How do you find buyers? Everything’ seems too overwhelming to a person with 0 experience. Seems like a lot of things can go wrong for you.
You're 100% right. It took me months to know the business well enough to start wholesaling. Oh and I worked 70 to 80 hours EVERY week!
deal evaluation please
Love vid
Hey Ryan. Just wondering. Can you wholesale with an ITIN number? 17 looking to partner with someone who only has ITIN. Thank You!
Hey man have you found the answer to this? You're exactly the person I would want to hear right about now.
@@Eduardocruz003 To be honest bro I dont think so. But I recommend bird dogging. Im bird dogging right now 30% of the deal is mine. All I do is cold call. So far no deal but we’ll see
hey ryan! i hope your day is blessed! are you willing to do things like take someone under your wing and help them out if they pay you for your time! i'm just 21 going on 22 and i'm looking to start making some big money, been really good in saving and i work in time share so i have selling experience, I have about 20k that i can invest into something but i wanna make more money, but i just need the right guidance because i know i have the attitude and the hunger to match with it! so please let me know if you have anything that can help me out and i'll give you my personal info when you reply! loving all the new content!
Joshua Spaar yes I do mentorship. You can apply at futureflipper.com
just followed im trying this in bellingham
How do you personally Comp?
Thanks you so much $$$$$$
Come through wholesalers!
Yup
Anybody have access to the wholesale contracts Ryan talks about?
Hello im really interested in learning these. Can you please help me? I will really appreciate it!
BEFORE you sign a contract, you need a buyer. Signing a contract without having a buyer or a few buyers in the "wings," is suicide. You usually have 30 days to sell a house. What happens when you do ALL of that work finding the property, evaluating it etc; and you have NO buyer? Just my 2 cents.
Do people do this with multimillion dollar houses?
Everything
Oh lit know I have all the secrets!!!
Also post COVID you might need an LLC
Why is that?
What a g
Did you go to college?
And then I find this gold