How to make a profit buying
real estate from wholesalers!
presented by:Wayne Arnold
Experienced full-time Real Estate Investor and Property Manager with more than twenty five years of hands on in all aspects of the industry. He started investing in the early 1980’s in the Northeast as a part-time endeavor, and by the early 1990’s had a successful and lucrative full-time career as a Real Estate Investor. He moved his business to Florida in the 1990’s.
Wayne is considered an expert professional in his market and for more than ten years has run a Real Estate Investment group to foster the education and mentoring of other investors in the Tampa Bay Area. Wayne has exhibited the experience and flexibility to adjust strategy and approach with the cycles of the market.
Wayne has diversified experience in many aspects of the Real Estate industry including:
25+ years of Management of portfolio of Commercial and Residential real estate
100+ Property Rehabilitations and related project management
Pilots the capital and asset acquisition activities of the business entities
Manages vendor relations, oversight and negotiation activities for Projects
Actively pursues and participates in the sales and marketing of assets
Conducts oversight of tenant and customer management
Utilizes his decades of previous management, mechanical and construction skills in overseeing operations
Facilitates the education and information sharing in the Tampa Bay market by fulfilling the Leadership role of a local Real Estate investment group
Teaches Seminars for other Real Estate Investors, and is frequently requested as the guest speaker at others’ meetings/seminars
No RSVP is needed for this event.
Members enter for free, Non Members pay a $10,- door fee.
How to make a profit buying real estate from Wholesalers
Do you want to learn how to make a profit from great deals without doing any marketing or pounding the pavement? Are you sick of trying to find deals through Realtors only to find that most of the good deals are already under contract? Don’t have time to knock on doors looking for deals?
The answer is to make use of Wholesalers to create a constant stream of deals to choose from. Here are a few excellent reasons to let Wholesaler deals work for you:
Saves you time to focus on your “real job” – either as a Rehabber or otherwise
Allows you to buy a good deal that’s already been negotiated – you can avoid the hours (and sometimes weeks) needed to negotiate a great deal
No dealing with unreasonable or unreliable homeowner sellers
No need to rely solely on realtors/MLS inventories for your opportunities.
Wayne Arnold is a local wholesaler who will show you in great detail how this process works step by step. He has been in the business for more than 25 years and has completed hundreds of wholesale deals - and has purchased many properties from other local wholesalers.
Here is what Wayne will teach you on Thursday at the General Meeting:
How to pick the right wholesaler to buy from – and what can happen if you deal with the wrong one
How to recognize a good deal – and how to get REAL comps
What pitfalls to look for when reviewing potential wholesale deals
Determining your goals for this property & the differing approaches to Hold and Resale Properties
How to realistically estimate your costs ($s and time) from “Buy to Fly”
Review a few recent wholesale scenarios and show how everyone made money
How to manage and staff the repairs to keep your expenses in check
How to keep the “End-User” in mind
Marketing to sell in this environment
Answer your questions
Also make sure you stop by the speakers table in the back and pick up your handout!
