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Wholesaling 101!

Make Sure to Watch ALL OF THE VIDEOS ON THE PLAYLIST LINKS BELOW!

 
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Wholesaling Real Estate Live Event (Day 1) - Escape the Matrix

START HERE WITH THIS LIVE EVENT! KEEP AND OPEN MIND AND TAKE NOTES!!
 

 

 

Wholesaling Real Estate Live Event (Day 2) - Escape the Matrix

 

Wholesaling Process Explained

1. Find a Motivated Seller (Marketing)
2. Meet with the Motivated Seller 
3. Get a Contract Signed with Motivated Seller (Acquisitions) 
4. Drop Deposit & Contract Off to Title Company
5. Find a Cash Buyer
6. Assign [or Sell] Contract for a Profit to Cash Buyer (Dispositions) 
7. Send Assignment of Contract to Title Company 
8. Closing Day (PAY DAY!)
 

 

 
 

Wholesaling Lingo + Acronyms Explained

EMD= Earnest Money Deposit 
D4D= Driving For Dollars
BK= Bankruptcy 
POF = PROOF OF FUNDS
ARV = AFTER REPAIR VALUE
OPM = Other People’s Money 
MLS = MULTIPLE LISTING SERVICE
NOD= Notice of Default
DOT= Deed Of Trust
CFD= CASH FOR DEED
GWD = GENERAL WARRANTY DEED
DOM = DAYS ON MARKET
 ROI = RETURN ON INVESTMENT
CAP % = RATE OF RETURN BASED ON CAPITAL GAIN
PSA= Purchase & Sale Agreement
  LOI= LETTER OF INTENT
NOI = NET OPERATING INCOME
AOH = AFFIDAVIT OF HEIRSHIP
SEO= Search Engine Optimization
TC = TITLE COMMITMENT
AOC = ASSIGNMENT OF CONTRACT 
SFH = SINGLE FAMILY HOME
 
 
 
 

Who is Rick Ginn?

 
My Story! 
 
 
 

Who is Zach Ginn?

 
My Bags to Riches Story! 
 
 
 

Virtual Wholesaling Explained 

WATCH THIS ENTIRE VIRTUAL WHOLESALING PLAYLIST
 
 

Title Companies Explained 

WATCH THIS ENTIRE Title Companies PLAYLIST
 
 

Contracts Explained 

Click Here to Download Free Wholesaling Contracts!
 

Free Podio CRM Guide

 

Is Wholesaling Real Estate Legal?

Please Read Laws & Advice with Lawyers & Title Companies before Wholesaling (This video is not legal advice!)

 

Current Laws

1. SC https://www.scstatehouse.gov/sess125_2023-2024/bills/4754.htm

2. OR https://legiscan.com/OR/bill/HB4058/2024

3. IA https://legiscan.com/IA/bill/HF2394/2023

4. VA https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB917

Others

1. Nebraska https://nebraskalegislature.gov/FloorDocs/107/PDF/Final/LB892.pdf 

2. Oklahoma http://webserver1.lsb.state.ok.us/cf_pdf/2019-20%20ENGR/hB/HB3104%20ENGR.PDF

3. Arizona https://www.azleg.gov/legtext/55leg/2R/laws/0170.pdf

4. Illinois https://legiscan.com/IL/text/SB1872/2023

5. Kentucky https://apps.legislature.ky.gov/record/23rs/hb62.html
 

Wholesaling Resources

   

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