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Top Valentine’s Day Gift Ideas For Property Wholesalers

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on Thursday, 26 January 2017
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Need some cool Valentine’s Day gift ideas for a property wholesaler in your life?

Check out the new list for 2017…

Thank You Cards

If you are in real estate the chances are that you have a few wholesalers which play a role in your business. They rarely get the appreciation they deserve. Whether you are an agent helping them move inventory, a rehabber buying it, or a partner or family member, a thoughtful thank you card can be really appreciated.

Leads

There is nothing that real estate wholesalers love and need more than leads. It probably won’t cost you a dime either. Yet, can be hugely valuable for the recipient. Know anyone looking to buy or sell property, or have seen some vacant homes around the neighborhood which could use a new buyer? Get the info and pass it on.

Drones

Drones are still in. They’ll help your wholesaler create the best photography and marketing presentations so they can flip houses faster.

A Stylist

Real estate wholesalers are typically not famous for their fashion. Yet, branding is becoming more and more important. Take them on a shopping spree, or get them a stylist from a boutique firm like Ensemble who can help them create the perfect wardrobe.

Education

You can never learn too much. There is always something more to learn and master in real estate. Help your wholesalers with the gift of new learning courses or tickets to an industry event.

Vacations

Valentine’s is the ideal time for romantic getaways. Send your favorite wholesaler off on a trip so that they can recharge and come back on top of their game. Mexico, Florida, and the Dominican Republic are all top choices this season.

Funding

You just can’t have access to too much cash in this business. Turn your wholesaler on to new sources of funding for their deals. It could be connecting them with a private lender, giving them some capital to invest for you, or introducing them to transactional lenders.

 

Authored by BestTransactionFunding.com - the BEST source of transactional funding for real estate wholesalers. Log on and get your free Proof of Funds Letter from us today!

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5 Ways to Ensure You Net More Money in the Next 12 Months

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on Thursday, 31 December 2015
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Have a goal to make more money in 2016? Here are five strategies to make that happen…

1. Do More Real Estate Deals

Increase your deal volume and you should increase your income. Realtor.com predicts 2016 will be an even better year for real estate thanks to a surge in buying and selling activity. Know how many more deals you need to complete to hit your annual income goal. If you’ve tapped out your local market, expand the amount of map you are using.

2. Slash Taxes

Savvy real estate investors know that more gross income doesn’t always led to more net income. Taxes can be a significant part of this equation. You should already have a tax plan for the year. Know when you’ll make specific purchases. Know how much you should plan to max out on real estate education and travel, how much you’ll donate to charity and give to nonprofits, if upgrading your personal home can help, and how much you can contribute to your IRA.

3. Increase Per Deal Net Profit

For those not so eager to increase deal volume, at least increase the net earned per deal. Set the goal now, build it into your numbers. This can be done by increasing your cut or margin on wholesale deals by say 10%, or by finding bigger deals that can deliver more cash per deal.

4. Flip Houses Faster

The faster investors turn deals the less they bleed in holding costs and interest charges, and the less risk that is involved. For those that haven’t been wholesaling 2016 is the year to add it to the mix. For current wholesalers this is the year to really tighten up that timeline and presell deals in advance.

5. Make More on Alternative Investments

Make sure your reserves, emergency fund, and alternative investments are working hard for you too. Don’t let them drag down your total returns for the year. Put that capital into private lending, startup investments, tax free college savings, better paying CDs, and IRAs.

Add up all of the above and even with modest improvements in each area investors can substantially boost their net income in 2016.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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House Flipping Profits Soar 30% In 2014

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on Thursday, 08 May 2014
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Market conditions and profits improve by double digits for real estate investors in 2014…

New data shows all the stars aligning for property wholesalers. According to data from foreclosure monitor RealtyTrac:

• Average gross profit per home flipped topped $60k in Q4 2013
• For Q1 2014 unadjusted ROI on flipped houses averaged 30%
• The average time to rehab and flip houses dropped almost 20% to 84 days

So profit margins, and annual returns are improving nicely for U.S. real estate investors. However, so are conditions for flipping and wholesaling even more homes in the second half of 2014.

Quarter over quarter a new 2014 U.S. Home Flipping Report shows the percentage of American homes sales which were flips dropped to just 3.7%. Some might find this surprising. However, savvy wholesalers likely recognize this as great news. It certainly somewhat reflects the recent dips in available housing inventory and decline in publicly available foreclosures and short sales.

However, it also suggests more competition, and specifically heavy weight institutions with bigger pockets are moving out of the way for smaller investors. Plus, as an experienced, veteran wholesaler knows, a hot and healthy market can be even better for flipping and profits thanks to rapid home price increases and end buyer demand. This is backed up even further on news that all cash home purchases hit a new high in Q1 2014 at 42.7% of all residential property transactions.

There are still a multitude of potential wholesale properties out there, with more coming online daily. In Detroit alone hundreds of new foreclosure homes are going to the auction block for as little as $1k a pop.

For those seeking more liquidity to ramp up volume and flip houses faster check out what BestTransactionFunding.com can do for you today...
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