INTRODUCTION Real estate - owning it is the American Dream. It is a symbol of wealth and status. It has been so for generations and it will be so as long as there is an open market and land to sell. If you look into the background and history of the wealthiest Americans, 9 times out of 10 you will discover that they used real estate as a stepping stone to wealth. Investing in real estate gives the everyday person like you or me the opportunity to get into the game. It gives us a chance to build that wealth and status. To create passive income that compounds into freedom. Real estate IS the great equalizer. In fact, with wholesaling you do not even need to have a bank account packed with tens of thousands of dollars. You can start investing in real estate with very little investment. Wholesaling real estate is a popular buzz word. Anyone who talks about investing in property; reads books about how to get rich quick or visits real estate investor forums has heard about wholesaling. What is it all about? How does this really work? Is it a scam or is it legit? Can I make money with it? I am going to take the opportunity to answer all those questions and more. The goal of this book is to not only show you how wholesaling works, but also how you can get into the business. As a guide to wholesaling, this book will teach you the difference between wholesaling properties and flipping real estate. It will also show you where to look to find the best deals and how to recognize a good deal from a loser. It will also teach you where to find sellers and buyers and how to market to them. We will instruct you on how to protect yourself and your investments while working in this competitive marketplace. That will include guidelines on ... ... middle of paper ... ... in price is the wholesaler’s profit. Example: Wholesaler buys an auctioned car for $1,500. The retail value is $3,500. The wholesaler sells the car for retail price. The profit off the deal is $2,000. The same holds true for wholesaling real estate except you never actual buy the property. You are selling your right to buy the property. You are selling your purchase contract not the actual real estate. This is why you do not need a real estate license to be a wholesaler. Wholesaling is selling a contract NOT real estate. Example: Owner needs to sell his house right now. “As Is,” the house is worth $50,000. Wholesaler offers $35,000 cash. Seller accepts offer. Wholesaler calls his client who is looking for houses. He offers to sell the house for $45,000. The end buyer accepts. Wholesaler uses the end buyer’s money to pay the seller’s sales price of $35,000.
Whole Foods Market allows each market to supply products that are standardized, and also supply products based on local buyer needs, as well as the culture of the area; therefore their business strategy is transnational (Thompson, 2016, p. 192). Whole Foods Market varies their products based on location, focusing on local products and any unique products to promote a neighborhood market feel for their customers. The company strategically chooses its locations, placing them in educated areas, and then focuses on products to sustain a competitive advantage.
To me the American Dream comes right back to being stable in a financial aspect. I hate to think in a mind set that everything Is about money but that’s how I view The American Dream. Since I was a little girl I have always had the American Dream drawn up in my mind. This was far before I knew how I would have the means to support it such as a college degree and the job after graduation. Both things that I am still seeking but closer and closer to achieving every day. My America Dream has always looked like a large white house, newly build on a corner lot. The garage will be on the side of the house and a long drive-way which will include my black Land
Buying or selling a house or an apartment is one of the biggest decisions of a person’s life. And when selling or establishing a price for real estate, people seek out real estate agents to do the dirty work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market in their community. They
Hand out this first. The American Dream holds a greater significance than that of earning more money or owning an incredible car. It signifies the inner dream that all men aspire to, regardless of how trivial it may seem. The U.S.A. Bound by its motto as being a freedom-for-all nation, it has been labelled since the dawn of its colonial era as being a land of opportunity- giving us the understanding of the real "American Dream".
Vanguard Case Analysis After reading through the Vanguard case, there were a few difficult forks in the road that Vanguard seems to be facing. The company’s future can be greatly affected by some of these difficult choices. Vanguard has to decide whether to change their investment offerings, further develop Internationally, or to simply advertise to increase their client base. Top managers at Vanguard have to step up to the plate and rollout detailed plans as to what path the company should take regarding some of these issues. Through our in-class discussions, the majority of the students argued on one major problem that Vanguard was facing.
Inventory: Whole Foods also seeks to stock the highest quality and most varieties of fresh foods available, regionally and globally. This is done through careful selection of food suppliers who are in keeping with the highest standards of food production while maintaining a certain degree of environmental and social responsibility in the process.
Everyone will experience buying a house at one point or another. Why not have a real estate agent help you and guide you through the process? I chose this occupation because it interests me for many different reasons. Wouldn’t you like a job where your schedule revolved around your life? Or you could control the growth of your business? Or basically over time, be your own boss? These are a few of the many reasons the real estate industry has caught my eye.
Owning a home means gaining equity. If the owner keeps the house long enough for it to rise above the initial cost of its purchase, then that is profit. This is one of the most essential and superb matters associated with home ownership.
fame. The thing that never changes about the American Dream is that everyone deserves something
People make purchases on the basis of emotion rather than logic. I believe out of my experience that people decide to buy something not because it serves them a purpose but because it feels right to them. After this first stage of buying I know for sure that people start to think of logic to justify their decision to themselves. So it becomes extremely important for a salesperson to make an emotional connection between their prospects and themselves. I make sure that every time I have a prospect I will make a personal connection with that particular prospect. The whole idea behind it is used to generate an interest that touches them internally. This way I made sure that my time is not wasted and I am able to sell more over a selling spree. Therefore, it becomes extremely important for you as a salesperson to close deals on the basis of the emotions rather than selling with logic.
First, money is very important in my American Dream for obvious reasons. Money gets you food. Money gets you shelter. Money gets you nice things. I believe that money, lots of money, is a big part of everyone?s American Dream; everyone including myself. When most people think of money the first thing that comes to mind is luxuries; however, money is needed for the bare necessities such as food and shelter. But how do you acquire money? Through a good job of course. Having an enjoyable, good paying job is extremely important. I am a firm believer that if you enjoy what you do, you do not have a job, you have a career. Many Americans also include jobs and money in their American Dream: ?Throughout much of our nation?s history people pursued the American Dream by...
The American Dream can be a motivational fire, but it takes a lot of hard work and dedication, one must focus on building a balanced life for themselves, participate in honest work and practice their craft to have marketable skills that just stick out from the competition. People work their whole lives making money so they can satisfy their desires. The idea of being able to purchase the items people have always dreamed of is an achievement in itself. Having a great family, owning a home and having beautiful things to fill it with is a common dream amongst people. Many people take pride in what they possess.
Buying and owning your home is part of the American dream. Although the dream itself has since changed, the home still remains the main focal point. Today owning a home doesn’t necessarily mean a house. People now buy duplexes, cooperative apartments, and condominiums. For some families it could take up to a couple of generations before it’s able to have the capabilities of buying a home. To many people it means a certain achievement that only comes after years of hard work. It is a life altering decision and one of the most important someone can make in their lifetime. The reasons behind the actual purchase could vary. Before anything is done, people must understand that it’s an extraneous process and it is a long term project.
An option for individuals look are looking to buy property have the option to purchase a house. The advantages are: “pride in ownership, privacy, own land, tax benefits, fixed rate, security, and can renovate to their desire. The disadvantages are: less flexibility, mortgage has interest, more stress about money, requires down payments, closing costs, and moving costs, need to have a fixed income/stable income, and bank may take over house if payments are not made” (Zillow, May 12th 2012 ). Pride of ownership is advantage because it gives those individuals accomplishment feeling and shows their hard work paid off and do not have to deal with landlords anymore” (Free Advise Staff, unknown date). Privacy is another advantage because it gives the homeowners the freedom to do whatever they wish and not worrying that they will break the rules. Owning land is an advantage because “every time you pay off your mortgage individuals are gaining equity and increasing your assets” (Chapman’s lecture, unknown date). Another advantage is individuals will get a “tax benefit which will help pay off the interest of the mortgage and increases income” (Kirlew, Unknown date). Security is an advantage because in the “long run if some individuals want to have kids those individuals do not have to worry about moving each year, but instead helps their children grow up in a ...
As compensation they charge a fee for this agreement. Agent and Brokers also differ from a merchant wholesaler because they do not own goods and services that they buy and sell. Agents works closely with buyers and sellers with more lasting businesses (Kotler & Keller, 2012). An example of an agent with this representation is a real estate agent who enters into a contract to sell a house or business to a consumer. The relationship exists until the need is met and at this point the agent collects a pre-determined