Wholesaling Investment Property

Copyright © 2008 Ralph Marcus (Mark) Maupin
The simple scale of our Real Estate investing operation out grew our ability to effectively manage renovating and marketing all of the properties we were working with. In short, we were generating far more deals than we could handle without significantly re-structuring the business. At one point, there were over 80 properties purchased and waiting for repairs. Holding costs were out of control. Rather than hiring large numbers of new staff and workmen, and thereby working with far smaller margins on each property we worked with, we turned to utilizing what we had in a different way.Our effectiveness in finding great deals produced more than we wanted to work with. Since then, we have adopted "wholesaling" property to other investors. Also, we no longer concentrate on rental property as we once had for similar reasons, too many properties to manage without a substantial restructuring of our business. Therefore, when we now resell to other investors, we aren't in competition with them. We have actually become a resource and a partner, in some ways, for many real estate investors.When we use the term "wholesaling", we are referring to reselling properties that we have either purchased or are controlling as-is, at a markup that still allows investors to purchase the property at 50% to 70% of the market value. This has allowed us to overcome the problems of managing renovations on a large scale without substantially changing what we do best. This is a valuable lesson to learn from as it can benefit you in your search for property and investments. It is likely if you are involved in real estate investing to any level, you will run across properties, which are good deals, but for various reasons may not be what you are looking for. Whether it is the location, type of property, etc., that makes it undesirable for you; there is someone else out there who is looking for it.Finding that person may be a lot easier than you think, you may already know them through an investor group you belong to. Placing an ad in the paper or working with Realtors are also viable ways to sell these properties. If it's a good deal, it will sell. One thing is certain in the business of real estate investments, the "hardest" part is finding a deal. The rest of it falls into place fairly easily once you have.How does Wholesaler find real estate investor association or groups in their area? Its easy do a Google search on any of following: Real Estate Investing Clubs, Real Estate Investment Association, REIAs, REIA, Real Estate Investing Classes, Real Estate Investing Groups, Landlord Club, Real Estate Mentoring Programs, Foreclosure Boot Camp, Real Estate Training Classes, Real Estate Seminars, Real Estate Schools, Real Estate Courses, Real Estate Investing Network, Real Estate Conventions, Real Estate Boot Camps, and Real Estate Forums. One tip on this and any investment you do is, don't let greed drive your business. It's the biggest pitfall to real estate investors. Holding out for the most, highest dollar usually results in disaster. Make money and move on.An old saying in real estate: "One deal can‘t make you, but it can break you". Take a win - win approach to your business, it does work the best and ultimately is the only way it works.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://megaeveningevent.com/

Investors Club of Michigan Brings Wide Range of Investment Experts to Michigan's Fasting Growing Club

Currency Trading, Stock Trading, Real Estate Wholesaling, Rental Coaching, Painting Expert, And National Real Estate Investing Speaker Title Company Expert, All Part Of Mega Evening Event!

Roy Frank, a real estate broker and stock broker for over 20 years had investors on the edge of their seats last Thursday evening at Wayne County Community College. He explained what the income gap is and ways to fill it. People that attended the WCCC event were also there to learn about a new currency trading system that he uses to trade in the foreign exchange market. It is getting off the chart results for him. If you want to see him -- come to the mega evening event -- he will have a resource table and can show how his program works or answer any of your real estate investor questions—

Ralph Marcus Maupin (Mark) co-founder of Real Estate Investing Club said "We have great line up local experts and great talent. Our club has one hour of networking and going to resource tables at our meeting from 6 pm to 7pm. This meeting we have small business expert, painting contractor expert, section 8 housing expert, title company expert, business lines of credit expert, stock trading expert and currency trading expert. This is all followed by what new in investing in Michigan followed by Our National speaker on Making Money in real estate investing in our market."

Roy Frank is active wholesaler of investment real estate. He has also for years been real estate consultant to charities on donations of real estate.

Get your questions answered at Roy Franks Table on:

1. What is Cash Currency Trading and how does it work?

2. What do you need to know to trade stocks in today's market?

3. What is Real Estate Wholesaling? How do I as investor take advantage of It.?

4. What are laws and rules in Donating Real Estate?

5. What is the Tax Advantages of Donating real estate?

National Real Estate Investors Meeting In Livonia, Michigan

Date: November 15, 2007
Time: 6:00 pm to 9:00 pm
Location: Laurel Manor
Address: 39000 Schoolcraft, Livonia
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http://www.MegaEveningEvent.com

Areas Cover by Club:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com . Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com