Wholesaling houses is a great beginners' strategy in terms of it being the ultimate 'zero down' investing strategy. The wholesaler finds a property, keeps the ‘risk-free’ profit and passes along the ‘risk-full’ profit to the rehabber.
In fact, it’s the ultimate 'zero down' investing strategy.
However, while it’s a beginner’s strategy from the standpoint of how much capital you need to have, it’s NOT a beginner’s strategy in terms of how much KNOWLEDGE you need to have.
Some of the skills you'll need to be a wholesaler include:
✓ ARV market analysis
✓ Rehab projections / deal analysis
✓ Ability to put together contracts & addendums
If you make errors in any of those processes, that error will end up coming out of your assignment fee.
When you think about it, that’s a lot of real estate knowledge that you’ll need to know and understand in order to complete a deal.
Want to learn more? Sign up for our next Virtual REIA event to learn how to make money wholesaling houses (without risking your money or credit).
ABOUT THE SPEAKERS:
The Texas REIAs are owned & operated by Phill & Shenoah Grove. Together, Phill & Shenoah have been actively investing in Texas real estate since 2003.
During this time, they’ve participated in more than 1,200 real estate transactions totaling more than $200,000,000.00 (and still hold an 8 figure real estate portfolio).
They've survived the 'booms & busts' by studying the Texas market and using the appropriate creative real estate investing strategies designed to help the difficult situations facing their buyers.
The San Antonio RENC is the San Antonio Chapter of the Texas Wealth Network, the largest Real Estate Investment Association in Texas. We pride ourselves on providing access to deals, money, partners, buyers, sellers, service providers, and just about everything an investor needs to make money in real estate. We also take pride in providing quality local real estate education, as well as plenty of opportunities for networking with other real estate entrepreneurs. Since 2002, the Texas Wealth Network has been the largest such investing group in Texas and we just keep growing.
The Association president is Shenoah Grove, a REALTOR and Broker licensed in Great State of Texas (license #518223), as well as a real estate investor who has participated in facilitating, negotiating, or transacting more than 1,200 real estate transactions since 2003, using multiple combinations of real estate strategies.
Mrs. Grove started this monthly Association in order to provide local investors with the opportunity to put opportunities with money, meaning that if you have a deal but no money, you may find an investor with money at this investment association. Conversely, if you have money but no properties, you’ll be able to find people with properties in this investment group.
Remember, it just takes one connection to turn a dream into a profitable transaction… and to potentially change your life forever… so join us on the third Tuesday of every month!
If you have attended a meeting before and want to come back you must join our club. Visitors are only allowed to come as a guest one time before joining, no exceptions. JOIN NOW! Coupons cannot be applied towards membership dues.
"If You Like Networking With Other San Antonio Real Estate Investors, Then You’ll Love The San Antonio Real Estate Investment Association!"
For Club Members, this Event is FREE for the duration of your membership.
If You Are A Non-Club Member...
Becoming a Member to the largest, local real estate club in Texas has its benefits. First and foremost, being a Club Member will give you a 58-73% discount on attending our Events!
Other benefits include...
Tickets at the door are $40. We do offer Club Membership Packages Good For 6 months:
Yes! If you are interested, please contact us right away (210-970-7934) as we only allow 7 tables at any meeting (and we always sell out). We offer 2 Vendor Packages...
For more information on our Vendor Packages, please click here.