Friday, February 19, 2010

TOP 10 Reasons to Wholesale Real Estate Contracts

#1.) You Need NO MONEY To Get Started! (Favorite Reason!)

#2.) You Do Not need good CREDIT to get Started! BAD CREDIT does not effect your ability to start Wholesaling real estate, Anyone can get Started TODAY!

#3.) You usually never take ownership of the properties that you are Wholesaling! NO OWNERSHIP HASSLES to deal with!

#4.) No Destructive tenants to deal with...EVER!! Tenants SUCK!

#5.) No Holding Costs to suck Your wallet dry while You're hoping and praying to sell a property for a profit!

#6.) No Fixing or Repairing Property..... EVER!

#.7) No Contractors to deal with! I CRINGE when I think about dealing with the extremely dangerous "Contractor Factor" side of Buying-Fixing and Selling Real Estate and hoping to make a profit!

#8.) Your Deal PROFIT is ALWAYS "locked-in" and Guaranteed at every closing! I average $ 5,000.00 to $ 7,500.00 every time a deal is closed!

#9.) You can do multiple deals at ONE TIME! And, it never effects Your debt to income ratio because YOU NEVER borrow any money to wholesale houses!

#10.) It's the ONLY style of real estate investing where you can do 10-25-50-100 deals in a years time, and at years end, own ZERO properties! And owning ZERO Properties means ZERO HEADACHES in my book!!

Well there you have it people! My Top 10 Favorite reasons for Loving Real Estate Wholesaling! 10 GOOD reasons if I do say so myself!

Udo Ginczek

http://www.netbuc.com

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