Virtual Wholesaling Houses Is the NEW Trend in Real Estate Investing by Duncan Wierman
Virtual Wholesaling Houses Is the NEW Trend in Real Estate Investing
by: Duncan Wierman
Virtual real estate wholesaling is a unique and potentially highly profitable business that can be operated very successfully without ever leaving the comfort of your home. By exploring and utilizing the ever expanding real estate market http://independent.academia.edu/LucindaPricey/Posts via the internet, contracting out administrative tasks to competent virtual assistants and hiring a virtual closing coordinator, your virtual real estate wholesaling business will not just hover on the cutting edge of success but will soar to awesome heights of accomplishment.
Careful on-line research will turn up a multitude of opportunities for the ambitious virtual real estate wholesaler. As a real estate wholesaler your primary aim is first to spot and then promote bargain properties to interested investors. As the primary contact, the virtual real estate wholesaler holds the key to unlocking the door to previously unheard of profits simply by connecting the dots between the acquisition of money making properties and the transfer to investors who, in most cases have neither the time nor the inclination to do all the leg work necessary to close a profitable deal.
The many search engines available on the internet will provide all the fodder necessary to get your virtual real estate wholesaling enterprise underway. Simply key in the types of properties you feel will have the most rapid turnover and then search for the bargain that quickly become a potential gold mine. Unquestionably, there are hundreds and even thousands of opportunities available to the astute middleman in the real estate market.
Of course your job will be easier if you employ the services of one of the many virtual assistants available at the click of your mouse. Once you find a dependable virtual assistant you can then set the ground rules, negotiate a fair price for their services and then just sit back and let someone else do the sometimes tedious legwork for you. Virtual assistants can be one of your most valuable assets in the arsenal of tools necessary to conduct a profitable and sustained virtual real estate wholesaling business.
Once you have developed a working relationship with a competent virtual assistant, your next step should be to find and employ the services of a virtual closing agent. This step is absolutely essential in order to protect both you your investment from the legalities involved in flipping properties.
In addition to performing tasks such as ordering various types of home inspections, conducting surveys and providing repair estimates the competent virtual closing agent will conduct the paper trail necessary to make sure your deal is legal, timely and profitable.
Once again, the onus will be on you, the virtual real estate wholesaler, to ensure that the virtual closing agent you hire is not only competent, but also operates well within the confines of real estate laws.
By instituting the above steps in a professional and expedient manner your venture into virtual real estate wholesaling will be well on its way to becoming a profitable and lasting entrepreneurship.
Copyright (c) 2009 Duncan Wierman