Welcome to: Hanoi Real Estate

It’s completely up to you to spend however much or little money and time on your advertising. Bake some cookies and have a Sunday afternoon open house! People will come with their spouses and friends and they’ll tell their friends and so on. That’s called viral advertising! Pitch it as a “Choose your neighbor day” and invite your neighbors. They might have a friend or relative who’d love to move in next door.

Many novice wholesale investors think you need lots of money or excellent credit to succeed. Or, they think there are complicated classes or licensing.


A second major challenge, dealing with insurance. Insurance is not a simple “get a policy” issue on a subject-to deal. Since you are not the owner of record on the mortgage, if you drop the previous owner’s policy the lender will be notified and will check why the policy has been dropped. If they discover the change of ownership, they may request full payment of the mortgage using their “Due on Sale” power. Not part of our plan in a subject-to deal. You may need to carry two policies but explore your possibilities.

Lease purchase agreement or lease option is basically a contract done for a piece of land or property. This contract is done between the buyer and seller for a fixed period, after which buyer may gain full rights and ownership of the property. Buyers also have the option to not buy the property and forfeit down payment.


With every real estate investment there comes a contract. The contract, details both you, and the seller rights and agreed terms and conditions. If any part of this buyer seller relationship defaults on the contract, you can usually recover the money or deposit paid by law. The laws of the land differ from country to country, so this is also another reason for tip number one above.

An internship can be taken. Being an intern at a well-respected company can have a significant positive impact on the opinions of potential future employers. You will gain practical knowledge that one cannot be taught in a school. It is also a good way to have more contacts in the real estate industry.