A Step By Step Guide To Working With A Property Wholesaler in Orange County

Working with a property wholesaler in Orange County can be a great way to find a home or add to your portfolio. Learn more about the benefits, what to watch out for, and how it works in our latest post!

Do you want to find great deals on investment properties in the Orange County area? Working with H&M Realty Group can help you find some of the best area properties at unheard of prices. Below, we will explain how wholesaling works and how to work with a property wholesaler in Orange County!

Study The Market

Before working with a wholesaler in Orange County, you’ll want to have a good idea of what is gone in your local market. Take a look at trends, recent sales, and who’s buying. You’ll need to have something to go on to ensure you are getting a great deal! Most of this information is public and can be obtained from sites that share MLS data such as Zillow and Trulia. You can also find the majority of this information through your local property appraiser’s website. Before you buy, spend some time learning about what is happening in the local Orange County real estate market.

Find The Right One

Not all wholesalers are the same. We can’t stress this enough. Some wholesalers are marketing the same property as many other wholesalers, some are inexperienced, and some will rope you into paying a non-refundable deposit, only to cancel the sale and walk away with your cash. As such, wholesalers often get a bad rap. However, when you find the right wholesaler, it can be like finding gold. It’s important to find someone who is experienced, who understands your goals, and who can provide the references to back up their claims.

Do Your Homework

At the end of the day, the due-diligence lies with you. You’ll want to ensure the title isn’t cloudy and that there won’t be any other claims to the property. To do so, have an experienced firm run your title search. You’ll want to be able to run some comps for the house, both before and after repairs have been made. Try to get at least three solid comps for each scenario. You can estimate repair costs yourself or hire an inspector to tell you what is wrong. From there, you can obtain estimates from local contractors to perform the work. Keep in mind, that repairs can often be higher than originally quoted, so be sure to plan ahead for this when determining your repair budget.

Be Able To Close Quickly

When you find the perfect wholesale deal in Orange County, you’ll want to get the ball rolling as quickly as possible. While you don’t want to cut corners, you should try to complete your due-diligence as quickly as possible. There are likely several other investment buyers looking at the property and you don’t want to find yourself missing out on a great deal. That said, if you miss out on one, don’t get too discouraged. Set your sights on the next deal… it’s out there!

Why Work With A Property Wholesaler In Orange County?

You might think you can just go out and find the deals yourself and you would be right! However, a lot goes into marketing and sourcing the properties we offer. We spend a tremendous amount of time in negotiations, not always getting the deal. However, when we do, it can lead to a simple, fast, and convenient way for you to buy a house in Orange County at 70% of the market value. When you work with H&M Realty Group, you will be able to save both time and money.

Learn more about working with a property wholesaler in Orange County! Contact us today! 949-625-4533

Joe

Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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