Do you want to start or get into wholesaling but are unsure which is the best wholesale real estate course for you and where to begin?
Undoubtedly, starting as a real estate investor with wholesaling is a good entry strategy, and there are many great courses.
But you might not know which is the best wholesale real estate course for you, which to choose from, and by which criteria. This can become confusing and overwhelming.
You could learn how to do it yourself without a course and by trial and error, but this could cost you more than paying for the right course and getting a “knowledge shortcut.”
Or, you could find the best course for yourself, but it won’t help much if you don’t approach it with the right mindset.
That’s why I researched different wholesale real estate courses for you and tried to find out what kind of marketing they teach.
Why did I check them out, precisely their marketing elements?
First, this website is about real estate marketing, so that’s one reason.
Second, marketing is also a critical success factor in wholesaling.
Besides all the strategies and technicalities, you can learn about setting up wholesale deals.
Some of the wholesaling “gurus” even say that when doing wholesaling, you are not in the real estate business but in the marketing one.
Before I start presenting the different courses, I will also mention how they should be approached to increase your probability of success.
If you don’t meet these pre-conditions, it is better not to invest in a course and save your money for other purposes.
After this first section, I will give you the best wholesale real estate courses in different price ranges, so you can decide which one would be the right one for you according to your budget.
So, let’s start with how you can increase your probability of success with your best wholesale real estate course.
How to Increase Your Probability of Success with the Best Wholesale Real Estate Course for You
1) Your Mindset
There are courses in all kinds of different price ranges out there.
When you see one for, let’s say, around $800, this amount seems a lot at first. Still, the mindset here is what could be your return on investment if you really put the knowledge from the course into action.
Since in one wholesale deal, you can make between $10,000 and $15,000, with just one deal, you can recoup your investment multiple times (meaning an ROI of about 1250%).
Sure, if you don’t take any action from the course, any amount spent on it will be lost. So the key in terms of mindset is to take action.
2) Be a Healthy Skeptic
The barrier of entry to wholesaling is lower than for other real estate investment strategies (e.g., passive real estate investing). So, finding individuals with integrity is a bit more challenging.
This means you want to be a healthy skeptic, evaluate all possible information for yourself, and find out about the validity of people/teachers giving you any advice, especially if the offer has a higher price tag.
So, the teacher’s material and instructions should only be creditworthy if their info comes from actual experience (e.g., not owning just one or two properties).
Here is a short example:
A controversial topic (particularly in the U.S.) would be if you can do wholesaling without a real estate license.
If a wholesaling teacher never mentions the risk of doing it without a real estate license or tells you everything is fine and there is no risk involved, you better run.
What Is the Best Wholesale Real Estate Course – An Overview
You might have already realized that there is no best wholesale real estate course.
It depends on your overall situation, budget, pre-knowledge, experience, preferences, etc.
Therefore, this section will give you a short review according to different categories.
Hopefully, you will find the best course suitable for you.
Please also remember that I couldn’t run a complete and thorough background check on all the vendors regarding their credibility.
Wholesale Course | Price |
---|---|
Wholesaling Real Estate in 30 Days Step by Step | $13.99 ($59.00) |
Barriers & Breakthroughs of Real Estate Wholesaling | free |
How to Analyze a Wholesale Deal in Real Estate | $13.99 ($24.99) |
Virtual Real Estate Wholesaling in 30 Days – Basics | $13.99 ($84.99) |
Ultimate Buying & Selling Machine | $1,288 |
Simple Lease Options | $2,495 |
The 4 Best Wholesale Real Estate Courses for Free or Under $200
Most courses in this price range can be found on Udemy except one (which comes last).
So, here they are:
1) Wholesaling Real Estate in 30 Days Step by Step
In this course, the vendor focuses on the technicalities of setting up and structuring a wholesaling deal.
It is for people who want to know the concrete steps to take to get their first wholesale deal under contract.
It is also suitable for aspiring real estate investors who want to start a side hustle, haven’t done their first deal yet, feel stuck, and want to know more about real estate investing.
What will you learn in the wholesale real estate course?
- What to do with the seller, buyer, title company, real estate lawyer, contractor, and more
- The reason why most people fail in their first wholesale deal
- A detailed process of 5 steps
- The good and bad about wholesaling
- What paperwork is needed, where to get it, and how to fill it out
- What to focus on to be a successful wholesaler
- How to do comps
- Marketing strategies to find sellers that must sell
- How to build a strong, effective buyer’s list
- Guidance all the way through the wholesale process
What’s the Price?
The current price is $13.99 (a discounted price). The usual price is $59.99.
Check it out HERE
2) Barriers & Breakthroughs of Real Estate Wholesaling
This course focuses on the psychological part and common fears about wholesaling, such as getting sued.
It is primarily for new and experienced real estate investors who still have difficulties reaching the next level in their wholesaling business.
What will you learn in the wholesale real estate course?
- Overcome the barriers of real estate wholesaling
- How to move forward with confidence toward your business goals
- The course material is delivered to you via a series of high-quality, easy-to-implement videos
What’s the Price?
Right now, the course is free.
Check it out HERE
3) How to Analyze a Wholesale Deal in Real Estate
This course digs deeper into the different techniques of analyzing a wholesale deal.
So, by design, it’s more for the investor or aspiring investor who needs to become more knowledgeable about this part of the wholesaling business.
What will you learn in the wholesale real estate course?
- How to find and use comps to calculate your after-repair values (ARVs)
- How to calculate a reliable maximum allowable offer (MAO)
- A custom-built wholesaling calculator to analyze future deals
- The difference between the 70% rule and the fixed costs method
- How to present a convincing pitch to potential investor buyers
What’s the Price?
The regular price of this course is $24.99, but it is offered at a steep discount of $13.99.
Check it out HERE
4) Virtual Real Estate Wholesaling in 30 Days – Basics
This course is similar to the first one mentioned, but with the difference that the focus lays more on the remote or virtual aspect of starting a real estate wholesaling business.
It addresses real estate investors who want to do business in multiple markets and use technology to make the business virtual or locally independent.
What will you learn in the wholesale real estate course?
- A step-by-step instructional guide that aims to help you wholesale real estate within 30 days
- An interview with Ebonie Caldwell of the REI Investment Society about virtual wholesaling teaching you: How to structure a remote team
- How to use the proper contracts
- Examples of wholesale deals done remotely
- How to find buyers and sellers
- How to market yourself and your business
What’s the Price?
The usual price is $84.99, and this one also has a temporarily discounted price of $13.99.
You can check it out HERE.
The 2 Best Wholesale Real Estate Courses for over $1000
Now we come to the real estate wholesale courses with higher price tags.
1) Ultimate Buying & Selling Machine
This course contains 71 ways to find and attract deals and is based on the vendor book “Real Estate Day Trading”.
It claims to show you how to do it without a marketing budget and how to set up your computer so you can find the right classifieds, owners of vacant homes, appraisals, and funding and build a list of buyers and sellers fast.
What will you learn in the wholesale real estate course?
- How to make risk-free offers
- Options and when to use them
- Assignments and when to use them
What’s the Price?
The course is currently offered for $1288.
You can check it out HERE.
2) Simple Lease Options
I wasn’t sure if I should include this one.
Because it’s not directly about the traditional wholesaling strategies but a wholesaling sub-niche called “wholesaling lease options.”
It was created by Joe McCall, who has been specializing for years now in lease options.
I decided to include it. Why?
Because from some videos I watched, I know that he also mentions using traditional wholesaling as a part of his lease option strategy (in the offers).
The traditional wholesaling strategies are applied depending on the individual situation of the deal. Besides, it might be interesting to know also about a sub-niche of wholesaling.
What will you learn in his course?
- A comprehensive overview of how lease options work and how this business works
- The best marketing strategies to find the best sellers for lease option deals in any market
- How to talk to sellers: what to say and what questions to ask when you are talking to sellers
- How to make the right offers, and how to present winning offers to your sellers
- How to find tenant buyers and structure deals for win-win scenarios.
- How to use land contracts and Subject-To’s to have further tools in your offer toolbelt
- How to build the right systems and hire the right people
- How to do lease option deals with vacant land
What’s the Price?
This one has the highest price tag and currently costs $2,495.
You can check it out HERE.
What About the Marketing Strategies of the Courses Presented Above?
Unless the course is focused on psychological or analytical elements, they all teach some type of marketing to find buyers and/or sellers.
All course pages are not specific about the marketing strategies used. Still, I am in the process of interviewing all the relevant vendors about that directly.
So, recheck this article in the future when I have it updated with the answers from the vendors.
Final Thoughts with Pros and Cons
As with everything in life, there are always pros and cons. The same is true with wholesale courses.
Regarding pros, these courses can give you a knowledge “shortcut” and shorten your learning curve, saving you time and money.
You can reduce your risks, including your legal risk, by learning from the costly mistakes of others in those courses.
Then you might also find a community of fellow investors with which you could do joint ventures and reduce your barriers to entry.
And finally, the courses may help you grow your wholesaling business faster.
In terms of cons, you need to maintain a healthy skepticism about who the teacher is.
And most, if not all, of the courses are not so helpful when you want to get started in your local area, where laws and regulations can differ. Most of them have a rather gross approach.
All in all, I hope I can help you evaluate wholesale real estate courses better and find the best one for you or discard them.
This article has been reviewed by our editorial team. It has been approved for publication in accordance with our editorial policy.
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