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## Wholesaling Real Estate: A Realistic Guide
Wholesaling real estate can be a great way to make money, but it’s not as easy as some people make it seem. It takes hard work, dedication, and a lot of learning.
## What is Real Estate Wholesaling?
Wholesaling real estate is the process of finding properties that are underpriced and then selling them to other investors for a profit. The wholesaler doesn’t actually own the property, they just facilitate the sale between the seller and the buyer.
## How Does Wholesaling Work?
The first step is to find properties that are underpriced. You can do this by looking at MLS listings, driving for dollars, or networking with other investors. Once you find a property that you think is a good deal, you need to contact the seller and make an offer. The offer should be lower than the market value of the property, but high enough that the seller will be willing to sell. If the seller agrees to your offer, you will need to get the property under contract. This means that you will need to put down a deposit and sign a contract with the seller. Once you have the property under contract, you need to find a buyer. You can do this by networking with other investors, or by listing the property on a wholesale listing website. Once you find a buyer, you will need to assign the contract to them. This means that you will sell them your rights to the property, and they will then take over the contract with the seller.
## How Much Can You Make Wholesaling Real Estate?
The amount of money you can make wholesaling real estate depends on a few factors. The first factor is the size of the deal. The bigger the deal, the more money you will make. The second factor is your negotiation skills. If you can negotiate a good deal with the seller, you will be able to make more money.
## Is Wholesaling Real Estate Legal?
Wholesaling real estate is legal in most states. However, there are a few states that have specific regulations that you need to follow. It’s important to check with your state’s real estate commission to make sure that you are following the law.
## How to Get Started in Wholesaling Real Estate
If you’re interested in getting started in wholesaling real estate, there are a few things you need to do. First, you need to learn about the process. There are a lot of resources available online and in books that can teach you how to wholesale real estate. Once you have a basic understanding of the process, you need to start networking with other investors. This is a great way to learn more about the business and to find buyers for your properties.
Finally, you need to start looking for properties that are underpriced. This is the most important part of the process, and it’s where you will make your money.
### Useful Links
### Contact Information
Address
105 Towne Lake Parkway,
Woodstock,
Georgia
30188
Phone
678-707-8114
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### Get Started
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\*DISCLAIMER: This website is not an offer to sell a franchise to, and is not directed to, any resident of a state or province requiring the filing or registration or other regulation of franchises unless Red Barn Homebuyers LLC is registered to sell franchises in that state or province (if necessary), has prepared a disclosure document in compliance with the laws of that state or province and has received approval of this website as franchise advertising, if required in that state or province. The states requiring registration or filing of franchises include: California, Hawaii, Illinois, Indiana, Maryland, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. There are other states and provinces that require disclosures to prospective franchisees. No franchises will be offered or sold by Red Barn Homebuyers LLC in any of the listed states unless and until the franchise offering has been registered and declared effective in that state and the Franchise Disclosure Document required by that state has been delivered to the purchaser before the sale and in compliance with applicable state and federal laws regulating the sale of franchises. No franchises will be offered or sold in any other state or province regulating the sale of franchises until a disclosure document required by that state or province has been delivered to the purchaser before the sale and in compliance with applicable state, provincial or federal laws regulating the sale of franchises.
## Mike Kovak
### Success Coach
Driven by a passion to serve others & generate results, Mike brings his 30+ years of sales & marketing experience to the Team as our Success Coach, working closely with each of our Franchisees to strategically design & implement a unique plan to help grow their businesses.
Enhanced by his latest coaching & business development experience in the mortgage lending arena, he brings his success of managing, scaling & selling their experiential marketing agency after a 20 year run. Mike’s creative & results-driven entrepreneurial skills present a powerful partnership with our Team to make a difference for those we serve. He’s a connector, motivator & a leader with an enthusiastic personality who will go the extra mile to help everyone on our team win.
Mike & his wife, Sherry, are proud parents of 4 teenagers, and is an All-American Triathlete having competed in several Triathlon World Championships, including the upcoming Championship in Spain next year.
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## Michele Sims
### Recruitment Manager
Born and raised in Georgia, Michele is a graduate of Eastern Kentucky University. With more than 25 years of experience with sales and operations, she has the background and the passion to pursue real estate deals. That zeal resulted in Michele and her husband Chris acquiring their first long-term rental property a little over a decade ago. That deal was all it took to get them hooked.
Michele and Chris are the proud parents of two daughters, and have three dogs as part of the family. The pair loves sports, and are big Auburn fans (something that the rest of us forgive them for!).
## Kendra D’Eon
### General Manager
Running a successful franchise operation requires having someone to oversee the process. That’s where Kendra comes into the picture. As a key part of the operations and project management effort, she is always working to oversee the company’s overall operations to ensure both our team and members are able to be productive and prosperous!
Kendra is married to her high school sweetheart Phil and they have 2 sons. She lives in New Hampshire and loves to take advantage of the ability to access the beaches, lakes, and mountains she has available all around her
## Tracey Cooper
### Coaching Coordinator
After earning his degree at Auburn University in Auburn, AL, Tracey chose to enter the IT staffing industry. His first employer was a national staffing firm, where he eventually became the manager of their Washington, DC office.
After five years with the firm, Tracey and four others left to form Prestige Staffing. This firm expanded from the original five partners to more than a hundred employees. Over time, Prestige established offices in Austin, Atlanta, New York, Chicago, Dallas, and St. Louis. All told, he invested 15 years in the firm.
Seeking a change from the corporate treadmill, Tracey sold his interests in Prestige and made the leap into real estate. 2018 was a pivotal year, with Tracey entering a mentorship program with Ken. Since that time, he’s acquired and sold more than 75 properties. His approaches vary, ranging from buying and holding, fixing and flipping, and wholesaling.
## Dave Emrich
### Franchisee Mentor
Dave first came to RED BaRN in 2009, beginning his time as the General Manager. Over the years, he’s overseen a number of company aspects. They include attention to company finances, construction tasks, flipping properties, and real estate functions. Thanks to his more than four decades of experience, he’s a big part of what has made RED BaRN such a success.
## Jessica Stansel
### Accounts/Office Manager
With RED BaRN since 2010, Jessica was born in Canton, GA. Her support as the company flipped hundreds of homes has proven invaluable. When she’s not busy troubleshooting and keeping the office running smoothly, Jessica is looking for ways to make the already-efficient office even better.
Jessica likes to get away for beach vacations, often somewhere along the Florida Panhandle. Closer to home, she loves taking her two daughters to softball games and any tournaments that may come up during and at the end of the season.
## Carolyn Versele
### Onboarding Manager and Franchisee Support
Carolyn joined RED BaRN in 2020, just as the business was about to film “Flipping Showdown.” Owing to her expertise, she quickly became a valuable resource when it came to managing social media and vendor trade outs. She also handled a number of tasks associated with different RED BaRN design projects.
Earning her real estate license in early 2022, Carolyn is now a key member of RB Realty. She and her husband have four children, and love to vacation in Puerto Vallarta, Mexico when the opportunity arises.
## Kevin Corsini
### CEO
In addition to being the Chief Executive Officer, Kevin D. Corsini is also a co-founder of RED BaRN Homebuyers. He brings a varied work history to the business. In times past, Keven has worked as a college president, a business executive, and as an ordained pastor. He also taught at university level for more than 10 years, and holds a PhD in the field of Mental Health.
Kevin began the journey with investment properties over two decades ago, finding another exciting career to pursue. Today, he and his wife are the proud parents of five children ranging from a newborn to age 22. The family is a big fan of jeeping and camping, hobbies they pursue whenever possible.