What is wholesaling in real estate? Wholesalers approach homeowners with homes that are typically in a state of disrepair. These owners may want to sell but realize they cannot afford or are physically unable to do the work required to go through the listing process and compete on the Edmonton MLS. Once the wholesaler contracts with the seller, they locate an interested buyer to invest in the property at a higher price, thereby profiting from the difference.
New investors can benefit significantly from the wholesaling market because it requires little to no capital to get started makes this a great training ground for the Edmonton real estate market in general. Investing gives you a way to reach the financial goals you will face over your lifetime, handle unexpected emergencies, increase your monthly cash flow now. And, over time, your investments are crucial to building wealth that will become your passive income and golden nest egg in retirement.
Your success is also the success of a Edmonton real estate wholesaler, putting you at the front of the line for the properties that are the hidden gems of Edmonton means everyone wins. Read on to learn more about how to get incredible deals when working with a Edmonton real estate wholesaler.
The Hunt
We do all the work as a Edmonton real estate wholesaler to find the best location available within your budget. When a wholesaler presents you with an opportunity, you can rest assured that you will be making a wise investment. As time passes, the value of the property will remain tied to the area. The property must have a high potential for a profitable turnaround, as typically, the buyer is a real estate investor who understands the importance of location and price. What would be a glaring red flag to an experienced eye may escape that of a newcomer to buying bargain properties, which are usually in far less than perfect condition. Often, the first cash buyer to make a reasonable offer will get the property. A Edmonton real estate wholesaler like Titanic Properties has a team of professionals from every walk of the industry ready to assess properties quickly because, after all, the early bird does get the worm.
The Math
As a Edmonton real estate wholesaler, we only profit if you profit! When it comes down to it, success in real estate depends significantly on having all of your figures plugged in and relying upon the information gleaned from the winning formulas used in real estate investing. Sadly, numbers may be miscalculated, misunderstood, or even overlooked through inexperience and could cause you to lose a great deal of money and time on the investment. Getting off to a bad start on your first deal has the potential to derail your investment business. A Edmonton real estate wholesaler like Titanic Properties will meticulously calculate all factors involved that come together to make a good deal
Available Inventory
A Edmonton real estate wholesaler constantly adds new properties to their inventory. At Titanic Properties, our experts understand that it takes networking among every facet of the real estate industry and strong communication skills to build connections. These connections require constant time and attention. A real estate wholesaler like Titanic Properties engages in marketing campaigns, investigates local public records, and finds off-market deals by driving for dollars, both physically through neighborhoods searching for these properties and online, through sources like private listings on the Edmonton MLS.
Work With Titanic Properties
You do not need to “reinvent the wheel!” You can kick off your Edmonton real estate investment business as a wholesaler right now with Titanic Properties. At Titanic Properties, our job is to help you over any hurdles you may believe are standing in the way of your investment dreams coming true. Titanic Properties takes the time to listen to any of your questions or concerns, providing you with in-depth answers to be confident in the investment decisions you make. At Titanic Properties, we are happy to explain every step of the process. Many who chose real estate wholesaling as their introduction to real estate investing make it their career path. Experience makes a fantastic teacher.
Working with Titanic Properties and our team of expert real estate wholesalers can save you both time and money. You will be learning the mathematical formulas and successful strategies that Titanic Properties utilizes. You could also save yourself money because the know-how of our professional Edmonton real estate wholesalers at Titanic Properties will keep you from making errors that could cost you thousands of dollars and derail your new venture from the start. Or, you can step back and let Titanic Properties do all the work to help you continue to build wealth that could benefit your family for many generations to come. Ready to find out more about how to get started? Contact Titanic Properties today at 587 415-0587.