Channel: BiggerPockets

Category: Education

Tags: flipping houseswholesale houseswholetail vs wholesalefix and flipwholetailingwholetailing real estatereal estatereal estate investing for beginnershow to wholesalehow to invest in real estatepassive incomeinvest in real estatebiggerpocketshow to wholesale housesfixer upperreal estate for beginnersreal estate investingwholesalingwholetail real estatewholesale real estatehow to flip houseshouse flippingflipping homeshouse flipper

Description: You’ve heard stories of how house flipping can make you five, six, or even seven-figure profits on a single deal. House flippers love to show the sheer amount of equity they can pump into a property with some simple rehab and renovations. What flippers rarely show is the amount of work, time, and money that is needed to make these deals happen. And as a rookie real estate investor or an investor with an already busy career, flipping may seem out of reach. That’s why wholetailing (yes TAIL not SALE) is one of the best ways to build wealth through real estate in a short amount of time. Henry Washington has used this strategy multiple times in the past, and it’s even made him more money with far less work (he shows this example in today’s video). Wholetailing may be the best real estate strategy you’ve never heard of, and if you can implement it in your real estate journey, the results could be impressive! Have you ever tried wholetailing before? If so, did it work out the way you planned or did any unexpected hiccups happen along the way? Let us know in the comments below whether this strategy is one you’d take on in the future! ~~~~ Join BiggerPockets for FREE 👇 biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Check Out Henry’s Recent Videos: What Makes a "Good" Real Estate Deal: youtu.be/QWbRSFOmbLk 4 Overlooked Ways to Find Off-Market Real Estate Deals: youtu.be/609-fs65pY4 How to Find Off-Market Properties WITHOUT Breaking the Bank: youtu.be/abDHqTn1Uj0 The Beginner’s Guide to Financing Rental Properties: youtu.be/u2A4znB7Dfk ~~~~ Whole-Tailing vs. Wholesaling: What’s the Difference? biggerpockets.com/blog/whole-tailing-versus-wholesaling-differences?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ 5 Smart Exit Strategies For When Things Go Wrong Flipping Houses: biggerpockets.com/blog/2014-02-23-5-exit-strategies-for-success?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Negotiating Your Way to 1000 Wholetail Real Estate Deals: biggerpockets.com/blog/2014-07-03-bp-podcast-077-negotiating-way-1000-wholetail-deals-michael-quarles?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow Henry on Instagram: Henry: @thehenrywashington or instagram.com/thehenrywashington ~~~~ Connect with Henry on BiggerPockets: biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Flipping Profits Without the Rehab 02:23 What is Whole-Tailing? 03:29 Fix-and-Flip vs. Whole-Tailing 06:35 Henry's Real-Life Whole-Tail Deal 09:13 The Pros and Cons of Whole-Tailing 11:54 No Rehab, Plenty of Profits!