Wholesaling Real Estate with Wholesale Trusts | [Video]

In this episode of Coffee with Carl, attorney Carl Zoellner explains wholesaling in real estate and how you can incorporate wholesale trusts into your overall real estate investing game plan.

Updated September 21, 2021

If you invest in real estate, you should know about wholesale trusts. At some point, everyone who’s in real estate should become a wholesaler. Eventually, you’ll come across a deal that you can’t take down for whatever reason. That’s when you need to know about wholesaling real estate.

In a nutshell, wholesaling is buying and selling paper. It’s a creative real estate investing strategy in which you find deals and sell them to buyers. It’s important to note that wholesaling is active income, which means you’ll be hit with 15.3% self-employment taxes.

In wholesaling, you find a property and enter into a contract without the intention of closing. Then, you take that property to an investor who doesintend to close. For finding the property, you …