Wholesaling houses may sound too good to be true at first. You get a property under contract, find a buyer, and then walk away with a fee. Can it really be that easy, or is there something that most new real estate wholesalers are missing? Jamil Damji can confirm that wholesaling real estate isn’t just possible but profitable. So profitable that even after investing in sizable real estate deals, Jamil still keeps wholesaling as his main money maker. He’s a wholesaling veteran with decades of experience, so what advice would he give a rookie investor?

Jamil gives you the six steps you need to start wholesaling real estate today, as well as the four crucial things you need to get the deal done. By the end of this video, you’ll know which documents to sign, where to find deals, how to analyze a wholesale deal, where to find buyers, and finally, how to pick up that big check you worked so hard for. Jamil may make wholesaling sound easy in this video, but make no mistake, it’s a grind that's well worth the reward once the deal is done.

Is there a topic you want Jamil to touch on in future real estate wholesaling videos? What sort of info would you need to do your first wholesale deal? Let us know in the comments below, and be sure to hop on the BiggerPockets Forums if you have more questions on the specifics of wholesaling!

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The Newbie’s Guide to Wholesaling in 7 Simple Steps:
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0:00 The 4 Things You'll Need to Wholesale
3:42 Finding Potential
5:57 Using Agents to Get Deals
6:57 Analyzing a Wholesale Real Estate Deal
8:20 Calling and Qualifying a Seller
11:29 Finding Buyers for Your Deals
15:33 Assigning the Wholesale Contract

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