Wholesaling works by finding a distressed property, putting it under contract at a discount, and assigning that contract to a cash buyer for an assignment fee. You never take ownership. In Florida, those fees typically run $5,000 to $25,000 per deal.

Where most people get stuck isn't the concept — it's the contracts.

Florida has specific requirements around assignment disclosures, purchase and sale agreement language, and the difference between assignment and double-close transactions. Get those wrong and you don't just lose the deal. You create legal exposure. Most free content online doesn't cover any of it, because free content doesn't have to deal with the consequences.

Latin REIA's mentorship includes attorney-reviewed Florida contract templates and spends real time on the legal framework before students make their first offer. Founder Antonio Lopez has closed more than 100 deals in South Florida since 2012 and coaches students through live deals, not case studies from other markets.

Six Skills, Taught with Real Florida Examples

The program covers six areas: sourcing motivated sellers through direct mail, cold calling, and digital ads; running the Maximum Allowable Offer calculation so the end buyer can still profit; executing Florida-compliant contracts with required disclosures; building a buyer's list of investors who actually close; handling seller conversations and objections before you're sitting across from a homeowner who just lost a spouse and needs to sell fast; and setting up systems that keep the pipeline moving after the first deal is done.

That last one gets skipped a lot.

"Most mentored students close their first deal within 60 to 90 days," said Lopez. "The ones who don't usually have the same problem — they never built a real buyer's list. They found a deal and then had nobody to sell it to. That's a fixable problem, but it needs to get fixed before you go find the deal."

Florida's Distressed Market Makes This Workable Right Now

Florida is consistently one of the top five states for pre-foreclosure and distressed sale activity, according to CoreLogic market data. That matters because wholesaling only works if motivated sellers exist in your market. In South Florida — where homeowners dealing with inherited properties, probate, and missed payments are active across all three major counties — they do.

ATTOM Data Solutions reported in 2024 that experienced Florida wholesalers average $8,000 to $15,000 per deal in assignment fees, with top performers generating over $200,000 annually without owning property. Those numbers don't happen automatically, but they're not fiction either.

A 2023 National Real Estate Investors Association survey found that 78% of wholesalers who closed their first deal within 90 days had a mentor involved, compared to 22% who went it alone. That gap is bigger than most people expect going in.

Who This Is Actually For

Latin REIA's wholesaling mentorship is built for people who have time to put in the work but not cash to put into a down payment. The program is bilingual — English and Spanish — and runs through a community of 500+ active members across South Florida. Coaching spots are capped each month.

The program starts with a free discovery call. Lopez and his team assess your market, timeline, and goals, and will tell you directly if wholesaling isn't the right first move for your situation. Some people are better suited for house hacking or a buy-and-hold strategy depending on what they have and what they're trying to do.

About Latin REIA

Latin REIA is a real estate investment association headquartered in Fort Lauderdale, Florida. Founded in 2012, it serves the Latino investor community across South Florida through mentorship programs, investor education, live events, and ongoing coaching. Members range from people looking to close their first wholesale deal to investors managing multi-property portfolios.

For more information or to book a free strategy call:
https://latinreia.com/real-estate-wholesaling-mentorship/

Contact Us

Phone : +1 (954) 287-4111

Email : [email protected]