24 min listen
WIP 1083: Are You a Real Estate Agent or an Investor - 17 Steps to a Your First Wholesale Deal
WIP 1083: Are You a Real Estate Agent or an Investor - 17 Steps to a Your First Wholesale Deal
ratings:
Length:
48 minutes
Released:
Nov 16, 2022
Format:
Podcast episode
Description
So, you have decided to jump into real estate to take a share of its huge worth. In that case, do you want to be a real estate agent or an investor? Even more, how can you know the difference between the two? Well, a real estate agent is someone who represents another individual or company and performs negotiations on their behalf. In contrast, real estate investors buy and sell properties for themselves. To give you a better understanding, here are 17 steps to help you break down the ins and outs of wholesaling and discover the fundamentals of why you should be doing so. This episode will open your eyes to the possibilities that it brings. So buckle up, because this episode will be a long and exciting one! Make sure to head over Brent’s TTP Training Program where he gives you more exciting tips in wholesaling.----------Show notes:(0:58) Beginning of today's episode (2:05) Brent shares the story of how wholesaling changed his life.(8:01) Build a business that is a servant to you rather than you being a servant to it.(11:05) Be on the investor's side because that's where the cash flow is.(14:53) 6 to 10% of the market is in distress the whole time. It is where you get your fortune. (19:11) "Speed, convenience over price."(22:19) You got to find the listed targets. (22:31) You have to make contact with your target property owners.(23:21) Start pre-qualifying your leads. (23:57) Find motivated sellers. (24:46) You have to understand what the after-repair value is. (28:35) Go to appointments. (28:41) Get the contract and accept it.(28:57) Hold the escrow. (30:11) Get on the phone and start calling. (30:50) Assign the contract.(32:03) Check the title.(32:19) Close the deal(32:24) After the final step, this is where you'll get paid.----------Resources:Rich Dad Poor Dad by Robert KiyosakiCashflow Quadrant by Robert KiyosakiBatchleadsDocuSignWant to learn more? Check out our TTP training program.To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule hereGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Released:
Nov 16, 2022
Format:
Podcast episode
Titles in the series (100)
WIP 10: Creative Ways to Find Cash Buyers that Works!: I’m sure we don’t have to remind you how important networking is when it comes to Wholesaling and flipping. In fact, it’s an essential part of the Real Estate business and critical to finding more deals and often times, the BEST deals! Meet... by Wholesaling Inc with Brent Daniels