Business For Sale

Real Estate Wholesaling and Home Flipping Company

Lubbock, TX
Lubbock County


Asking Price: Annual Revenue:
$95,000 $1,250,000

Services: Real Estate


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RE: Real Estate Wholesaling and Home Flipping Company Broker: Kyle Morey
Owner Financing is Available!

Quick Facts

Asking Price: $95,000
Annual Revenue: $1,250,000
Net Profit: Not Disclosed
Cash Flow: $475,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 656955025
Broker Reference #: TX-LubbockWholesale

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Business Overview:

A home flipping and wholesaling business is up for grabs in what Realtor.com says is one of the top 10 states to flip houses.

The current owner finds and flips distressed, foreclosed, or otherwise desirably priced property (residential, commercial, land, and rentals) at higher prices within a short period of time. For example, in the state of Texas, the average house listing price is $240,000 with an average flipping profit of $46,000.

Although the new owner will earn six figures a month by fixing and flipping real estate, the owner focuses just as much if not more on the much simpler, less time-intensive, and just as lucrative model of real estate called WHOLESALING. Last year alone, the owner wrote over 300 wholesale deals.

~NO real estate license required~

HOW WHOLESALING WORKS:
Wholesaling is the process of finding great real estate deals and getting paid to bring them to real estate investors (think “finder’s fee”). It is similar to flipping, except that the time frame is much shorter and no repairs are made to the property.

To illustrate, the wholesaling owner recently was in touch with a homeowner who for reasons of her own needed to sell quickly. The wholesaler offered the homeowner $125,000, well under its market value. She agreed and they both signed a contract stating that an investor would buy the property in 30 days but if it didn’t sell, the contract would be void.

The wholesaling owner sent a text to his vast network of real estate investors. A fix and flip investor, after seeing the numbers and believing she could make a good profit, agreed to buy the home for $140,000. An “assignment contract” was signed between the investor and wholesaler. In less than 24 hours, the wholesaler made a $15,000 profit without lifting more than a pen or spending a dime!

INCLUDED IN THE ASKING PRICE:
+ Weekly one-on-one coaching with the owner who will guide you and hold you accountable so you can get more deals and increase your monthly revenue. And if you get stuck or have an urgent question, you will have his personal contact information. You’ll leverage his experience and expertise.
+ Access to the Podio CRM stacked with all of the Apps needed to run your Wholesaling Flipping Business.
+ Access to Sean Terry's Flip2Freedom 3.0 online video course.
+ The owner will custom-build your playbook for finding and flipping more deals.
+ Every single resource and system you'll need to implement in your business from day one. (Contracts, guides, swipe files, access to investors, documents, etc.) You will also receive reduced pricing with all of the owner’s affiliate vendors.

NOTE: The financial information provided in this ad are based on real revenue numbers earned in the state of Arizona. The owner is currently expanding in this state and promises to do everything in his power to help you achieve these or higher numbers in less than a year.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Owner is expanding in Texas.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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