Wholesale Contracts: What Beginners NEED To Know!

Here's EXACTLY what beginners need to know about wholesale contracts! In this video, Ryan Zomorodi, COO of RealEstateSkills.com, sits down with Tim, a beginner investor and wholesaler, to teach him everything he needs to know about wholesaling real estate contracts. Learn step-by-step how to use the purchase and sale agreement and the assignment of contract (assignment addendum) to close profitable wholesale deals. 🚨Check out the #1 Program for Building a Hyper-Profitable Real Estate Investing Business: 👉 https://www.realestateskills.com/ultimate-investor?el=pod  📚Get Our FREE Downloadable Wholesaling Contracts Featured in the Video: ➡️ https://www.realestateskills.com/contracts-yto?el=pod  Ryan breaks down the fundamentals of wholesale contracts, covering everything from where to find wholesale contracts in real estate to how to fill them out correctly. This comprehensive guide is perfect for beginners who want to understand the ins and outs of wholesaling real estate contracts and take their real estate wholesaling business to the next level. Whether you're just starting out in real estate investing or looking to refine your wholesaling strategy, this video is packed with valuable information to help you succeed. Don't miss out on these expert tips from Ryan Zomorodi! TIMESTAMPS: 0:00 - What is a wholesale real estate contract? 1:07 - Different wholesaling strategies explained 2:00 - Why assignment of contract is beginner-friendly 4:34 - Step-by-step breakdown of the closing process 5:50 - Cash offers and distressed properties in wholesaling 7:00 - What is an assignment agreement and how it works 8:49 - Reviewing the wholesaling process and roles 11:02 - Removing yourself from the deal through assignment 12:30 - Introduction to double closing 17:18 - When to use assignment vs. double closing 20:15 - Choosing strategy based on profit margin 24:18 - Assignment vs. double closing for tax reporting 25:14 - Introducing LLC assignment strategy If you want to learn more about wholesale real estate contracts, visit our blog at: https://www.realestateskills.com/blog/wholesale-real-estate-contract  🔥Watch our FREE TRAINING to learn how to Wholesale, Flip, & Buy Rentals from the MLS without having to do any marketing:  ➡️https://www.realestateskills.com/training?el=pod  👉FREE Online Workshop: ➡️ SIGN UP NOW: https://www.realestateskills.com/webinar?el=pod  🥇 Check out our Ultimate Investor Program on How To Get Started Wholesaling, Flipping & Buying Rental Properties:  ➡️ https://realestateskills.com/programs?el=pod  📚Get Our FREE Downloadable Resources:  ✅ Download "How To Wholesale Real Estate: State-By-State Legalities"   ➡️ https://www.realestateskills.com/howtowholesale?el=pod   ✅ Download the "Cash Buyer Script" ➡️ https://www.realestateskills.com/cashbuyerscript?el=pod  ✅ Download "Wholesale Real Estate Contracts"  ➡️ https://www.realestateskills.com/contracts?el=pod  ✅ Download "How To Find Cash Buyers Online For Free" ➡️ https://www.realestateskills.com/google?el=pod  ✅ Download "How To Find Cash Buyers Using Craigslist" ➡️ https://www.realestateskills.com/craigslist?el=pod  ✅ Download "How To Wholesale With Real Estate Agents" ➡️ https://www.realestateskills.com/agents?el=pod  ✅ Download the "3 Ways To Get MLS Assistant Access" ➡️ https://www.realestateskills.com/mlsresource?el=pod  ✅ Download the "2 Ways To Get Your Proof of Funds Instantly" ➡️ https://www.realestateskills.com/proof?el=pod  ✅ Use our FREE Deal Calculator! ➡️ https://www.realestateskills.com/calculator?el=pod  👋 Say "Hi!" on Social & Join our Community: 💻 Website - https://realestateskills.com/?el=pod   📸 Instagram - https://instagram.com/realestateskills  📱 TikTok - https://www.tiktok.com/@realestateskills  💙 SUBSCRIBE TO OUR CHANNEL! ➡️ https://youtube.com/c/realestateskills?sub_confirmation=1  #wholesalerealestate #realestatewholesaling #realestateskills