Flipping Houses - Thomas Smith - Bog

This book highlights the advantages and perks of getting in on the wholesale real estate business. It provides a general guide on real estate wholesaling and the strategies and techniques that you need to follow to improve your stand as a real estate wholesaler and to become successful as one. The book helps the reader understand and become aware of general wholesaling and explains what it really means to be a wholesaler.It moves on to the topic of discussion of the book, which is real estate wholesaling. It provides a decent set of instructions that a person must follow before becoming a wholesaler. The book follows up on this by providing a background on how wholesaling began and the history of wholesaling from the beginning of the '90s, discussing the market crash of 2005-2006 and explaining how it opened up opportunities to new people who wanted to get into the wholesale business all the way until 2013 and then later in 2019.The book follows on by introducing the advertisement aspect of wholesaling. It discusses how print and electronic modes of advertisement are quite vital to the flourishing of a real estate business. It discusses all the various modes from bandit signs, newspapers, and magazines to direct mail, online websites like Craigslist and social media marketing applications like Instagram.It discusses how easily a person can hold major conferences and events on real estate wholesaling to attract potential cash buyers and needed real estate sellers and how they can form a VIP Cash Buyer's list.The book then discusses the potential ways to find, hunt down, and track real estate by looking for it on the web, buying mailing lists, and getting information through the real estate closing agents.Afterward, the book explains how negotiations are necessary to get good deals and leads to properties being sold by sellers and how wholesalers can determine their profit on a property and also determine the market price of properties.It sums it up by informing the reader using real-life case studies of properties that have been sold through the wholesaling methodology and wraps it all up with a conclusion that raises the spirit of the reader to prepare them for their journey to become a successful real estate wholesaler.