Big Cash Flow Streams Most Wholesalers Are Missing Out On

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on Jun 28 in BestTransactionFunding

 

Many real estate wholesalers are letting thousands of dollars in potential cash flow and income just slip through their fingers each month. Start monetizing these items and multiply your income.

A lot of real estate wholesalers work really hard to hustle and find and sell deals. Yet, they are often letting some of the easiest money just go to waste. Or worse, go right to the competition. By recapturing these streams of income wholesalers can hit their financial goals much faster and see more consistency in their incomes.

Leads That Don’t Fit Your Criteria

As a wholesaler you are digging up leads every day. If you are doing well you probably have a lot of calls, emails, and contact form fills from those that just don’t meet your criteria for some reason. These will typically far outnumber the deals you actually do. The price range, neighborhood, level of repairs, or asking price just might not be a perfect fit. Yet, these deals can still be a great fit for other investors. Trade them or get a referral or assignment fee for them.

Homeowners Who Don’t Want to Sell Cheap

You are likely running into a lot of homeowners who just believe they can get more for their homes if they hold out for a better offer or list it for sale with a Realtor. Maybe they can, maybe they can’t. Why not refer them to a Realtor? Maybe there is a legal way to get compensated for that. If no one buys the listing, you can always go back and make another cash offer.

Movers Needing New Housing

How are you helping all your sellers with their next housing solution. Many will need to buy or rent something else. Are you helping with that or just giving that business away? Every wholesale transaction you do could easily lead to 1, 2 or 3 more, all without having to dig up a new lead.

On Site Advertising & Sponsorships

If you really have a great website (not the Investor Carrot type) and have invested in SEO and ads and are generating good traffic, then there are plenty of people who are going to be willing to pay to get in front of those website visitors and the ones who make it on your email list or join your Facebook page. They can pay for ad space, or sponsor your site and marketing efforts. That may not be a lot of money each month, but once you build a tribe of sponsors and set them up to produce residual passive income for you each month, it’s easy extra cash flow to fuel your wholesaling business or surplus funds you can treat yourself with.

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