Tarek El Moussa didn’t let a recession, a divorce or two bouts with cancer slow his roll. The real estate entrepreneur and HGTV host is proud to announce his latest project: a mentoring program called Homeschooled By Tarek El Moussa.
In a recent real world case study he filmed to promote this, he talked about how you can turn a typical one-and-done wholesale deal into passive cash flow each and every month.
Too good to be true? Let’s find out. Read on for my review.
This is for beginners, advanced investors, and anyone in between.
Especially if you wanna leverage real estate to create wealth for your family and future generations.
And yes, even after 10 seasons of Flip or Flop, a brand new show (Flipping 101) soon to debut on HGTV, and a wife that’s crushing it on the Netflix show, Selling Sunset, Tarek is still in the trenches, doing deals to this very day.
He’s a busy man. He also owns TEM Capital, TEM Brands, and Tarek Buys Houses. Oh and he just had his third kid.
“Sharing everything I’ve learned over the years is my mission in life,” Tarek says.
“I feel like I’ve done such a good job of just working my ass off and learning so many cool things, that it’s my turn to take that knowledge and really give it to you,” he continues.
“My parents were immigrants. When I started I had no money, no brand, no TV show, and I definitely didn’t have a strategy. So I’m gonna show you how to get started with little to no money, and how I’m using the current market to squeeze even more profit from every deal.”
Yes, the market’s changing. Tarek admits that. But with change comes opportunity.
Investors are doing fewer deals, they’re facing more competition than ever, and when they are interested in a property, they’re getting priced out most of the time. This can spell disaster, and it has for many investors who are now out of business.
But don’t overcomplicate this, Tarek says. Wholesaling is simple.
You get a seller to sign a contract to sell their home for a certain price; you find a buyer to pay more; and you pocket the difference. Right?
Tarek knows it sounds crazy, but he’s doing wholesale deals, right now, in this market – plucking ’em right off the MLS.
It’s the best way to get cash in the door without spending money on leads or needing a down payment.
However, as the market slows, you have to maximize profit on each deal. Most wholesalers are happy as a hound dog with two tails if they make $5- or $10k on a deal. And hey, if they’re doing big volume, that’s great. But transaction volume is gonna be lower for the foreseeable future. So that’s not gonna cut it.
Tarek’s team, on the other hand, just wholesaled a deal in Big Bear, California. Purchased it for $180k. Sold it for $300k. Pocketed a whopping $120k.
How can you do deals like that? By building strong relationships with sellers and agents; by knowing the true value of a property; and by using inspections and feedback loops to negotiate correctly, Tarek explains.
And then once you’re wholesaling like a pro and making real money, now you have to put that money to work. Create passive income.
When you take some of that profit and invest the right way, you can hop off the wholesaling hamster wheel and actually enjoy life.
Tarek’s not trying to be wholesaling houses when he’s 90. Are you?
So look into buy and holds, look into Airbnb, commercial, whatever it is.
Inside Homeschooled, not only will Tarek teach you everything he knows, but he’s gathered some of the leading experts in every area of real estate to come in and share their wisdom as well.
Book a call to learn more and find out what it costs.