Nick Ruiz

    Nick Ruiz's Articles

    • How to Get Your First Wholesale Deal Done in 30 days

      Listen up guys & gals… I get TONS of questions like this, “Nick, I just ran into your information and I want to know how long it will take to get my first deal done? I’m hungry and need this money”I’m glad you’re hungry and love your ambition, but let’s get logical for a fast sec. I’m all about you doing your first deal ASAP. I want you to have it done YESTERDAY!So, what I want to do is give you a little insight on how to get your first wholesale deal done in 30 days or less. It’s totally possible and…

    • Wholesaling Homes Works Best in These 2 Areas

      Are you wondering where exactly you should be finding your deals? Would you like to know the perfect areas that make you the most profit?Lots of people ask me what price range they should focus on for their deals. Here’s the thing…Different markets have different ranges of prices for areas and it’s tough to compare apples to apples. So, I’m going to tell you the universal areas to look in that may have different ranges of price for different areas…Here are the 2 main areas to jump into for wholesaling homes:1. First Time Home Buyer Areas.It doesn’t matter where you…

    • How To Start A House Flipping (Rehabbing) Business

      What I’d like to shed some light on how to start a house flipping business where you are rehabbing and selling real estate investment properties.There are 3 parts to the Single Family Triad™:1. Wholesaling Houses2. Rehabbing and Selling Houses3. RentalsNow, when most people think of flipping houses, they think of #2 – Rehabbing and selling houses. If you’re completely new, I’ll usually guide you towards wholesaling houses first because you can get in with little money, no credit, and ZERO risk.Then, once you have a grasp on how deals work and you have some nice profits in your pocket from multiple…

    • What Areas Are Best for Wholesaling Houses?

      When people are first starting in this business, they seem to be slightly confused with what areas they should be focusing on. Now, you know that I teach the Single Family Triad™ (1. Wholesaling 2. Rehabbing and Selling 3. Rentals), but for the sake of time, I want to focus this article on where to focus when you are wholesaling houses.For some reason, people always seem to want to focus their efforts in areas that they like or where they would live. This is a big ‘no no’ because that usually isn’t where the deals are.Remember, we are looking for…

    • How to Flip Houses From Scratch

      So you’re sick of your job and you’re ready to put your stake in the ground as an entrepreneur in real estate….Remember though, hating your job does NOT make you automatically an entrepreneur real estate investor by default. You have to be ready to be extremely uncomfortable and do things most people of the world aren’t willing to do.The bottom line is that real estate is one of the oldest and best business models in the world and you don’t need to be a genius to do it. It’s fun, rewarding, and extremely profitable. To scale it huge, all you…

    • How to Operate in All 3 Parts of the Single Family Triad

      So, you guys know that I swear by the Single Family Triad. I’m maneuvering in all 3 parts of real estate investing many times throughout the year. What is the Single Family Triad?Let me explain….I do one of three things with every deal I put under contract:I Wholesale it to another RE investorI close on it, rehab it, and sell it to a retail buyerI close on it, and rent it out for passive monthly incomeWholesaling HousesI usually encourage beginners in this real estate investing biz to start of wholesaling because it has no risk and you can make tons…

    • Find Your Buyers First When Wholesaling Homes

      Wholesaling Homes is a beautiful way for new people to get their feet wet in the best business in the world – Real Estate. It’s not my opinion…Real Estate is the oldest and best wealth creator that the world has ever seen.With the strategy of wholesaling, you can jump in without worrying about having cash or credit.I want to focus this article on why having your buyers lined up on the front end is key. Most people think you find someone to sell their house to you first, and then you find a buyer.Nope!Find Buyers First When WholesalingYou find a…

    • How to Wholesale a Home with a Mortgage On It

      “Hey Nick, what if a house has a mortgage on it? How can I wholesale a home with a mortgage on it? I thought I could only work with free and clear homes?”I get asked this question a lot. That assumption is completely false.You definitely can wholesale homes with mortgages on them.The key here is that you have to make sure that the mortgage amount is equal to, or less than the amount that you’re willing to pay…For example:You do your due diligence and in talking with the motivated seller and realize that you can offer $100,000 for a home as…

    • The Crash of 2008 Destroyed ME…Here’s What I Did Next

      I’ve been a real estate investor/entrepreneur since 1999. I started when I was in my late teens and built a multi-million dollar net worth by my mid 20s. The banks were giving away money, and I was taking it. I would leverage the properties as much as I could, because values were climbing and I knew it would all be fine.Things were good for a while. I had 70 rental properties, $60,000+ coming in every month from rents, multiple crews working for me. I was grabbing up as much as I could as long as the banks were giving me…

    • 2 Key Questions to Ask a Motivated Seller on the Initial Call

      It’s no secret that marketing to Motivated Sellers is one of the best ways to consistently find discounted homes. And after we go through the effort and expense of marketing, we soon will be answering our phone with those precious calls as they come in.Well, believe it or not, there is a certain way to interact with sellers on the first call with them to make sure you maximize your time and energy you’ll spending talking with them.I’m not one that’s into exact scripts or making things seem robotic, but there’s nothing wrong with a general strategy that you can adopt…

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