Follow Up Secret! 🤫| Wholesaling Real Estate
April 29, 2025
Also on a side note, it's pretty rare that you're going to get a deal on the first contact. So really, 100% of the deals that we get are all from follow up. So follow up is super important. But so we've got my two acquisition managers, I've got a transaction coordinator. Now, what her job is, is once our acquisition managers get a deal that automatically goes into another part of our system that notifies my transaction coordinator. Now she's the one that opens title with a local title company. Or we might use one of the national companies that we use. Um, nevertheless, she's the one that gets that open. She gives the title company all the information that she needs to give from the seller. She's in direct communication with the seller constantly, every few days making updates.
Also on a side note, it's pretty rare that you're going to get a deal on the first contact. So really, 100% of the deals that we get are all from follow up. So follow up is super important. But so we've got my two acquisition managers, I've got a transaction coordinator. Now, what her job is, is once our acquisition managers get a deal that automatically goes into another part of our system that notifies my transaction coordinator. Now she's the one that opens title with a local title company. Or we might use one of the national companies that we use. Um, nevertheless, she's the one that gets that open. She gives the title company all the information that she needs to give from the seller. She's in direct communication with the seller constantly, every few days making updates.
Investor List Software! 🧑💻| Wholesaling Real Estate
April 27, 2025
The way she does that is she, um, we have a software called Investor List, which I've talked about in my videos. I do have an affiliate link. You know, full disclosure in my description of all my videos. If you wanted to check that out. Um, it is expensive, so I don't recommend doing it unless you're at least doing a deal a month or so. If you're doing a deal a month and you're in your virtual in any way, um, it's 100% worth it. It makes life way easier to where you can actually blast out your deals, you know, in that particular area.
The way she does that is she, um, we have a software called Investor List, which I've talked about in my videos. I do have an affiliate link. You know, full disclosure in my description of all my videos. If you wanted to check that out. Um, it is expensive, so I don't recommend doing it unless you're at least doing a deal a month or so. If you're doing a deal a month and you're in your virtual in any way, um, it's 100% worth it. It makes life way easier to where you can actually blast out your deals, you know, in that particular area.
Maximize Your Income! 💰| Wholesaling Real Estate
April 26, 2025
She gets paid on what she sells. Now she's selling for two different acquisition managers, so her percentage is lower than acquisitions because she has double opportunity to make money because she's selling deals from two different acquisition managers, if that makes sense. So, um, anyways, that's how that works. Nobody gets a salary or a base of any kind. Sometimes I will do like a job pay. When someone starts out, I might give them like six weeks of a small base, uh, to where they can actually make a little bit of money until they start getting deals. Because in my organization, our SOPs are so good. Um, and we hire, you know, good talent to where if you don't get a deal in your first week or two, then you're not going to work out anyways. And we'll just go ahead and let them go so we don't have to pay that whole six weeks of a draw. Um, now they I call it a draw because that's not free money. They're paying that back from their first closings. So that's how that works.
She gets paid on what she sells. Now she's selling for two different acquisition managers, so her percentage is lower than acquisitions because she has double opportunity to make money because she's selling deals from two different acquisition managers, if that makes sense. So, um, anyways, that's how that works. Nobody gets a salary or a base of any kind. Sometimes I will do like a job pay. When someone starts out, I might give them like six weeks of a small base, uh, to where they can actually make a little bit of money until they start getting deals. Because in my organization, our SOPs are so good. Um, and we hire, you know, good talent to where if you don't get a deal in your first week or two, then you're not going to work out anyways. And we'll just go ahead and let them go so we don't have to pay that whole six weeks of a draw. Um, now they I call it a draw because that's not free money. They're paying that back from their first closings. So that's how that works.
Facebook Boots Strategy! 📈 | Wholesaling Real Estate
April 25, 2025
So if you can't get the seller to do it for you, what you want to do is just put it on Facebook in the buy sell trade groups. Exactly. Like I said, hey, who wants to make $50 just to take a couple of pictures? You're going to get a ton of responses. Yes, I do, I do. You know, and then you can cashapp them after they actually send you the pictures. And what you can do is set up a Dropbox link or a Google Drive link and share that folder with them so they can upload that directly into the folder from their phone. And that's exactly how we do that with sellers as well.
So if you can't get the seller to do it for you, what you want to do is just put it on Facebook in the buy sell trade groups. Exactly. Like I said, hey, who wants to make $50 just to take a couple of pictures? You're going to get a ton of responses. Yes, I do, I do. You know, and then you can cashapp them after they actually send you the pictures. And what you can do is set up a Dropbox link or a Google Drive link and share that folder with them so they can upload that directly into the folder from their phone. And that's exactly how we do that with sellers as well.
Seal The Deal! 🤝 | Wholesaling Real Estate
April 24, 2025
It's almost impossible to get a sight unseen offer without a detailed video. But we get two videos. We get one of the exterior and a detailed video of the interior. I mean, we literally will go in room by room, you know, slowly floor to ceiling, you know, making sure we get exactly what we need. So I do have a PDF and a video explaining exactly how to do that, that my whole team sends out when they get deals. So 80% of the time the seller is actually doing that for us. So we don't even need local boots on the ground.
It's almost impossible to get a sight unseen offer without a detailed video. But we get two videos. We get one of the exterior and a detailed video of the interior. I mean, we literally will go in room by room, you know, slowly floor to ceiling, you know, making sure we get exactly what we need. So I do have a PDF and a video explaining exactly how to do that, that my whole team sends out when they get deals. So 80% of the time the seller is actually doing that for us. So we don't even need local boots on the ground.
Wholesaling Money Maker! 🤑 | Wholesaling Real Estate
April 23, 2025
Virtual wholesaling is exactly that. What we do is we do marketing nationwide to get motivated sellers to call us or to raise their hand saying that they want a cash offer. Um, now, cash offers on our only option. But that's what we're going to talk about today, because wholesaling in general is getting a contract with a seller. And then we sell that contract to a buyer that wants to either flip it or hold it for rental property. And then we are the person in between that makes the money.
Virtual wholesaling is exactly that. What we do is we do marketing nationwide to get motivated sellers to call us or to raise their hand saying that they want a cash offer. Um, now, cash offers on our only option. But that's what we're going to talk about today, because wholesaling in general is getting a contract with a seller. And then we sell that contract to a buyer that wants to either flip it or hold it for rental property. And then we are the person in between that makes the money.
Necessity Becomes Strategy! 👈 | Wholesaling Real Estate
April 22, 2025
You know, I chose to do virtual, um, really out of necessity because when I first started, I lived in two different states equally. So I was always on a plane every week coming or going. So I had to be virtual as far as my team goes from the get go. Um, and that's just how I've built my business from now. So we continue to stay virtual because it works. Um, but yeah. So that's really how that works. Virtual wholesaling. When most people talk about it, it's just talking about locking deals up over the phone as opposed to in person. But I'm virtual in every sense of the word to where our entire office is not an office, it's a virtual.
You know, I chose to do virtual, um, really out of necessity because when I first started, I lived in two different states equally. So I was always on a plane every week coming or going. So I had to be virtual as far as my team goes from the get go. Um, and that's just how I've built my business from now. So we continue to stay virtual because it works. Um, but yeah. So that's really how that works. Virtual wholesaling. When most people talk about it, it's just talking about locking deals up over the phone as opposed to in person. But I'm virtual in every sense of the word to where our entire office is not an office, it's a virtual.
God Mode Feature! 😇 | Wholesaling Real Estate
April 21, 2025
And not only that, it's got a system in there, a part of it called God Mode to where it'll actually show you all the flips that happened right around that area. So it enables you to to skip trace those on the spot and call them, because obviously, if there's a house right next to the one that they flipped already, they're going to want to do this one too. So it's super important to, uh, I think, you know, to get that software if you're at least doing a deal a month, you know? So anyways, um, but in addition to that, obviously we email and text are all the buyers that we have on our list in those particular areas. Now, we have every buyer in the nation. So we're able to do that a little bit easier. So if you ever have a deal that you can't sell? Send it to us and we can probably move it for you.
And not only that, it's got a system in there, a part of it called God Mode to where it'll actually show you all the flips that happened right around that area. So it enables you to to skip trace those on the spot and call them, because obviously, if there's a house right next to the one that they flipped already, they're going to want to do this one too. So it's super important to, uh, I think, you know, to get that software if you're at least doing a deal a month, you know? So anyways, um, but in addition to that, obviously we email and text are all the buyers that we have on our list in those particular areas. Now, we have every buyer in the nation. So we're able to do that a little bit easier. So if you ever have a deal that you can't sell? Send it to us and we can probably move it for you.
Virtual Wholesaling Secrets! 🤫 | Wholesaling Real Estate
April 20, 2025
Have you ever wondered how to virtual wholesale to where you're in a completely different state and you're purchasing a property that you've never seen, never will see? You never meet the seller. You'll never meet the buyer and still make a paycheck. Stay tuned and I'll teach you how. Hey what's up guys? My name is Gralen Stewart. I am an entrepreneur and virtual wholesaler and just a real estate investor overall. So my channel is mostly about wholesaling real estate and we do it 100% virtually. So we do it in the virtual sense in every aspect of the word.
Have you ever wondered how to virtual wholesale to where you're in a completely different state and you're purchasing a property that you've never seen, never will see? You never meet the seller. You'll never meet the buyer and still make a paycheck. Stay tuned and I'll teach you how. Hey what's up guys? My name is Gralen Stewart. I am an entrepreneur and virtual wholesaler and just a real estate investor overall. So my channel is mostly about wholesaling real estate and we do it 100% virtually. So we do it in the virtual sense in every aspect of the word.
Get Paid Quickly! 💵 | Wholesaling Real Estate
April 19, 2025
So and that's easy. So if you can't get the seller to do it for you, what you want to do is just put it on Facebook in the buy sell trade groups. Exactly. Like I said, hey, who wants to make $50 just to take a couple of pictures? You're going to get a ton of responses. Yes, I do, I do. You know, and then you can cash app them after they actually send you the pictures. And what you can do is set up a Dropbox link or a Google Drive link and share that folder with them so they can upload that directly into the folder from their phone. And that's exactly how we do that with sellers as well. So that's what that looks like. So as far as what the team looks like, your team is your team, whether you're virtual or local, whether you're locking deals up over the phone or in person, whether your team is nationwide or all in one office.
So and that's easy. So if you can't get the seller to do it for you, what you want to do is just put it on Facebook in the buy sell trade groups. Exactly. Like I said, hey, who wants to make $50 just to take a couple of pictures? You're going to get a ton of responses. Yes, I do, I do. You know, and then you can cash app them after they actually send you the pictures. And what you can do is set up a Dropbox link or a Google Drive link and share that folder with them so they can upload that directly into the folder from their phone. And that's exactly how we do that with sellers as well. So that's what that looks like. So as far as what the team looks like, your team is your team, whether you're virtual or local, whether you're locking deals up over the phone or in person, whether your team is nationwide or all in one office.
Got A Hot Deal! 🔥| Wholesaling Real Estate
April 18, 2025
Hey, I have a deal in whatever zip code. Um, you know, the ARV is 200. Selling it to a cash buyer for 100. Um, send me your email if you're interested, or drop me a DM if you're interested. Something along those lines to gain interest, and you'll instantly get tons of buyers that will reach out to you, or just drop their email that you can try to send them the deal to see if they're interested. So that's how we do that. So how do we get pictures and video? Okay, now what we do in my business is I have a PDF that I made. First of all, um, it's a PDF detailing out every single thing, every single room that we need pictures of, um, from whatever angles that we need, exact detail of how we need it. Um, and also, I have a video of me explaining exactly how to do it with a cell phone sideways and things like that.
Hey, I have a deal in whatever zip code. Um, you know, the ARV is 200. Selling it to a cash buyer for 100. Um, send me your email if you're interested, or drop me a DM if you're interested. Something along those lines to gain interest, and you'll instantly get tons of buyers that will reach out to you, or just drop their email that you can try to send them the deal to see if they're interested. So that's how we do that. So how do we get pictures and video? Okay, now what we do in my business is I have a PDF that I made. First of all, um, it's a PDF detailing out every single thing, every single room that we need pictures of, um, from whatever angles that we need, exact detail of how we need it. Um, and also, I have a video of me explaining exactly how to do it with a cell phone sideways and things like that.
Make $50 Quickly? 💰 | Wholesaling Real Estate
April 17, 2025
You can either use wegolook.com or bpophotoflow.com, or the best way is just put it on Facebook Marketplace or Craigslist saying who wants to make $50? Um, you know, just to take a couple of pictures, then you're going to get a ton of response, um, you know, find somebody that you kind of bond with that you can trust. Um, go have them get a lock box from the hardware store or from Walmart or Lowe's or Home Depot or any of those places, and they can actually go meet the seller for you. Uh, and they're not real estate related. Now, that's where you want to do this different. You want this into like a you want to put that into a buy sell trade type of a group, not the investor groups because the investors could be sneaky and try to steal your deal for you. So you got to be careful on that. But when you're posting your deals, you want that in investor groups. But when you're looking for boots on the ground, do that in the buy sell trade groups.
You can either use wegolook.com or bpophotoflow.com, or the best way is just put it on Facebook Marketplace or Craigslist saying who wants to make $50? Um, you know, just to take a couple of pictures, then you're going to get a ton of response, um, you know, find somebody that you kind of bond with that you can trust. Um, go have them get a lock box from the hardware store or from Walmart or Lowe's or Home Depot or any of those places, and they can actually go meet the seller for you. Uh, and they're not real estate related. Now, that's where you want to do this different. You want this into like a you want to put that into a buy sell trade type of a group, not the investor groups because the investors could be sneaky and try to steal your deal for you. So you got to be careful on that. But when you're posting your deals, you want that in investor groups. But when you're looking for boots on the ground, do that in the buy sell trade groups.
Background Check Requirements! 👈 | Wholesaling Real Estate
April 16, 2025
Have they had recent evictions or not? Um, and those kind of things and background check wise, as long as they're not a pedophile or something in that respect or have some really serious crimes. We typically can look past minor things, but nevertheless, you buy the house, you remodel it or rehab it.
Have they had recent evictions or not? Um, and those kind of things and background check wise, as long as they're not a pedophile or something in that respect or have some really serious crimes. We typically can look past minor things, but nevertheless, you buy the house, you remodel it or rehab it.
Finding Good Renters! 🔍 | Wholesaling Real Estate
April 14, 2025
I found a good renter. Obviously, you want to do your due diligence on renters, just like you do on properties when you get them under contract. So you really want to vet renters out. And we always do a background check and a credit check. Both. Um, obviously we're not looking for perfect credit. We want to give people an opportunity to be in a property and without a lot of trouble. But at the same time, what we're looking for.
I found a good renter. Obviously, you want to do your due diligence on renters, just like you do on properties when you get them under contract. So you really want to vet renters out. And we always do a background check and a credit check. Both. Um, obviously we're not looking for perfect credit. We want to give people an opportunity to be in a property and without a lot of trouble. But at the same time, what we're looking for.
Wholesaling Tips! 🏠 | Wholesaling Real Estate
April 13, 2025
But being a wholesaler myself and running a wholesaling business, we get tons of deals coming through our pipeline. Um, so what that allows me to do is cherry pick the good ones. Okay. So what? What we can do is we can end up, uh, flipping a house. If it's a house that we think we can make a lot more money on as opposed to wholesaling it, then we can decide to do that. Sometimes we will hotel a house to where we're actually just buy it, maybe clean it up, maybe not touch it at all, and then put it on the MLS to get a bigger fee than we would have wholesaling it.
But being a wholesaler myself and running a wholesaling business, we get tons of deals coming through our pipeline. Um, so what that allows me to do is cherry pick the good ones. Okay. So what? What we can do is we can end up, uh, flipping a house. If it's a house that we think we can make a lot more money on as opposed to wholesaling it, then we can decide to do that. Sometimes we will hotel a house to where we're actually just buy it, maybe clean it up, maybe not touch it at all, and then put it on the MLS to get a bigger fee than we would have wholesaling it.
Equity Is Key! 🔑 | Wholesaling Real Estate
April 12, 2025
But that doesn't mean you have to do a $80,000 loan. Maybe I just want to be paid back, you know, the 30 for the hard money and the 20 for my private money. Um, and I just put a loan on it for 50. So then I have a net worth of $50,000 because, you know, it's worth 100. I only loan 50 on it. So I didn't get. I got all the money that I owed back. No extra money. So I have 50,000 equity in the property. And now a loan for 50 grand. You know, it's probably like $400 a month somewhere in that ballpark. If I can rent that for 1200, you know, that's a huge cash flow.
But that doesn't mean you have to do a $80,000 loan. Maybe I just want to be paid back, you know, the 30 for the hard money and the 20 for my private money. Um, and I just put a loan on it for 50. So then I have a net worth of $50,000 because, you know, it's worth 100. I only loan 50 on it. So I didn't get. I got all the money that I owed back. No extra money. So I have 50,000 equity in the property. And now a loan for 50 grand. You know, it's probably like $400 a month somewhere in that ballpark. If I can rent that for 1200, you know, that's a huge cash flow.
Buy Properties At Discount! 👍| Wholesaling Real Estate
April 11, 2025
So what you want to do is buy a property. Now the key is to buy the property at a huge discount. So that's where having a wholesaling business, uh, is beneficial. Okay. So for example, I can buy a house that is a $100,000 house all fixed up, but maybe it needs a lot of work.
So what you want to do is buy a property. Now the key is to buy the property at a huge discount. So that's where having a wholesaling business, uh, is beneficial. Okay. So for example, I can buy a house that is a $100,000 house all fixed up, but maybe it needs a lot of work.
Maximizing Cash Flow! 💰 | Wholesaling Real Estate
April 10, 2025
So if I did the 1% rule, uh, to where it would be $800, that's $200 cash flow. But typically I like to be more than 1%. That's why it's beneficial to have a wholesaling company, because I get the price deeper, you know? So, um, plus, you know, I can usually rent a house and I'm all in 88 grand for, for, you know, the $1,200 range at least. So that would give me a bigger cash flow. But that's exactly how investors get rich quickly, you know, because there's a lot of instances to where, you know, I get this property at that for this same scenario at, you know, all in for 50.
So if I did the 1% rule, uh, to where it would be $800, that's $200 cash flow. But typically I like to be more than 1%. That's why it's beneficial to have a wholesaling company, because I get the price deeper, you know? So, um, plus, you know, I can usually rent a house and I'm all in 88 grand for, for, you know, the $1,200 range at least. So that would give me a bigger cash flow. But that's exactly how investors get rich quickly, you know, because there's a lot of instances to where, you know, I get this property at that for this same scenario at, you know, all in for 50.
Depreciation Tax Benefits! ⚖️ | Wholesaling Real Estate
April 09, 2025
But the biggest benefit is the depreciation. You get to depreciate a house on your taxes. Now keep in mind I'm not a CPA or an attorney, so consult your local CPA on this. But for my understanding, my CPA told me that I can depreciate this house for 27.5 years. That means you get to write off. Um, you know how I think you can write. You can't write off the land or vice versa or something. And I'm not a professional. All I do is get the properties, and my accountant handles it. So all I know is we depreciate it over 27.5 years. And, uh, the property does appreciate over time, because if you hold on to it long enough, whether we're in an up or down market, the house is going to increase over time.
But the biggest benefit is the depreciation. You get to depreciate a house on your taxes. Now keep in mind I'm not a CPA or an attorney, so consult your local CPA on this. But for my understanding, my CPA told me that I can depreciate this house for 27.5 years. That means you get to write off. Um, you know how I think you can write. You can't write off the land or vice versa or something. And I'm not a professional. All I do is get the properties, and my accountant handles it. So all I know is we depreciate it over 27.5 years. And, uh, the property does appreciate over time, because if you hold on to it long enough, whether we're in an up or down market, the house is going to increase over time.
Unlocking Bank Loans! 🏦 | Wholesaling Real Estate
April 08, 2025
Now some lenders are different. Like if you're getting a loan from a bank, they will typically give you at least 70%, um, of the property's value. But most banks these days will give you 75 to 80%. Okay. Almost all of them that I've dealt with have have done at least 70%. But some of the good local banks will even do 80 to 85 I've even seen. So, uh, but let's just assume you can get 80%, because that's pretty that's pretty typical for most properties that I've done. Um, they'll always give me 80%. Okay, so let's say you got the $100,000 RV.
Now some lenders are different. Like if you're getting a loan from a bank, they will typically give you at least 70%, um, of the property's value. But most banks these days will give you 75 to 80%. Okay. Almost all of them that I've dealt with have have done at least 70%. But some of the good local banks will even do 80 to 85 I've even seen. So, uh, but let's just assume you can get 80%, because that's pretty that's pretty typical for most properties that I've done. Um, they'll always give me 80%. Okay, so let's say you got the $100,000 RV.
Profits Every Month! 🤑 | Wholesaling Real Estate
April 07, 2025
However, to really build wealth, I buy rental properties, single family residence, um, to where I can put families in there, and then I charge them a rent price over and above my mortgage price if I have a mortgage. And then the in-between of that price, um, is what is what my profit is every month. So, uh, let's just dig into it.
However, to really build wealth, I buy rental properties, single family residence, um, to where I can put families in there, and then I charge them a rent price over and above my mortgage price if I have a mortgage. And then the in-between of that price, um, is what is what my profit is every month. So, uh, let's just dig into it.
Profits Every Month! 🤑 | Wholesaling Real Estate
April 07, 2025
However, to really build wealth, I buy rental properties, single family residence, um, to where I can put families in there, and then I charge them a rent price over and above my mortgage price if I have a mortgage. And then the in-between of that price, um, is what is what my profit is every month. So, uh, let's just dig into it.
However, to really build wealth, I buy rental properties, single family residence, um, to where I can put families in there, and then I charge them a rent price over and above my mortgage price if I have a mortgage. And then the in-between of that price, um, is what is what my profit is every month. So, uh, let's just dig into it.
Learn The 1% Rule! 📊 | Wholesaling Real Estate
April 06, 2025
Usually if I'm going to buy put $80,000 on a loan, I'm probably going to get at least 12 to $1500 a month in rent on that property. Most investors want 1%. What that means is, whatever their purchase in the property, multiply that by 1% and that's what you should get on a monthly basis. Let me get my calculator out. Uh, for this example. So $80,000 is what I'm in the property for after my refinance times 1%. So I should be able to get $800 a month, like a minimum. That's your bare minimum, but on an $80,000 loan with property taxes and insurance and interest rate, um, I should be able to get that payment, probably in the $600 range.
Usually if I'm going to buy put $80,000 on a loan, I'm probably going to get at least 12 to $1500 a month in rent on that property. Most investors want 1%. What that means is, whatever their purchase in the property, multiply that by 1% and that's what you should get on a monthly basis. Let me get my calculator out. Uh, for this example. So $80,000 is what I'm in the property for after my refinance times 1%. So I should be able to get $800 a month, like a minimum. That's your bare minimum, but on an $80,000 loan with property taxes and insurance and interest rate, um, I should be able to get that payment, probably in the $600 range.
Turn $30k Into $100k! 💵 | Wholesaling Real Estate
April 05, 2025
Okay, so maybe we buy that house for $30,000 and we might put 20,000 into it to fix it up. So now we're all in for $50,000, so we have a $100,000 house that's in perfect condition now for 50 grand, because we bought it for 30 and put 20 into it. You follow me?
Okay, so maybe we buy that house for $30,000 and we might put 20,000 into it to fix it up. So now we're all in for $50,000, so we have a $100,000 house that's in perfect condition now for 50 grand, because we bought it for 30 and put 20 into it. You follow me?
Get The Right Appraisal! 💰 | Wholesaling Real Estate
April 04, 2025
That's what they appraise it for. And you might get lucky. Sometimes they appraise it higher than you expect. Sometimes it might be a hair under, but usually the local banks will work with you. You can say, well, here's my comps that show that RV should be 100. And because I actually did this and I showed them the comps, they're like, hey, you're right. You know, we'll go ahead and give you the $100 appraisal value so you can get $80,000.
That's what they appraise it for. And you might get lucky. Sometimes they appraise it higher than you expect. Sometimes it might be a hair under, but usually the local banks will work with you. You can say, well, here's my comps that show that RV should be 100. And because I actually did this and I showed them the comps, they're like, hey, you're right. You know, we'll go ahead and give you the $100 appraisal value so you can get $80,000.
Ready To Level Up! 📈 | Wholesaling Real Estate
April 03, 2025
I actually did buy it for 20 grand. Um, I bought it for 22 grand, and I was in for like 15. So I was all in for like 45 or so, and I actually refinanced at the time. Um, I think they appraised it at 68,000. So I was able to pull some money out. But now that same property is worth like 110,000 because the market has blown up in the last three years. So I could refi it again. But I don't want to because I don't need to. But my payment on that house is like literally like $400 a month. We're getting 850 and I could definitely raise that rent, and I'm probably going to, um, I could probably get closer to a thousand a month on that property now, and it's worth, you know, 110,000 or some somewhere in that, in that ballpark. So it increases my, my net worth even more because I think my loan on it is in the 45 to 50 range. I don't know exactly. But that just increases my net worth.
I actually did buy it for 20 grand. Um, I bought it for 22 grand, and I was in for like 15. So I was all in for like 45 or so, and I actually refinanced at the time. Um, I think they appraised it at 68,000. So I was able to pull some money out. But now that same property is worth like 110,000 because the market has blown up in the last three years. So I could refi it again. But I don't want to because I don't need to. But my payment on that house is like literally like $400 a month. We're getting 850 and I could definitely raise that rent, and I'm probably going to, um, I could probably get closer to a thousand a month on that property now, and it's worth, you know, 110,000 or some somewhere in that, in that ballpark. So it increases my, my net worth even more because I think my loan on it is in the 45 to 50 range. I don't know exactly. But that just increases my net worth.
Anyone Can Do This! 😇 | Wholesaling Real Estate
April 02, 2025
You don't have to be rich to do this. You could actually buy a deal. Any hard money guy will give you a loan if you get the deal low enough. Okay. Uh, you don't have to be a professional real estate investor. You can literally start by buying a house at a discount. Get a hard money loan on it. Get a renter in there after you remodel it a little bit. You know, borrow money. Put it on a credit card. Whatever you got to do. I don't care.
You don't have to be rich to do this. You could actually buy a deal. Any hard money guy will give you a loan if you get the deal low enough. Okay. Uh, you don't have to be a professional real estate investor. You can literally start by buying a house at a discount. Get a hard money loan on it. Get a renter in there after you remodel it a little bit. You know, borrow money. Put it on a credit card. Whatever you got to do. I don't care.
Build Your Wealth Today! 🚀 | Wholesaling Real Estate
April 01, 2025
The reason it's tax free is because it's in a loan. Um, you know, so it's not like income that I'm getting. It's actually just tax free money that I'm getting. So that's $30,000 I get in my bank account to do whatever I want with. Completely tax free. Also, I've got a property now that I have 20% equity still left in it, so that increases my net worth by $20,000.
The reason it's tax free is because it's in a loan. Um, you know, so it's not like income that I'm getting. It's actually just tax free money that I'm getting. So that's $30,000 I get in my bank account to do whatever I want with. Completely tax free. Also, I've got a property now that I have 20% equity still left in it, so that increases my net worth by $20,000.
0 Money Down Strategy! 😇 | Wholesaling Real Estate
March 31, 2025
So I'm all in for 50 grand on this property. Okay. So now I have $50,000 worth of equity. So let's just say I got a loan. Um, let's just say I got a hard money loan for 30 grand, and then maybe I got a private partner to to give me 20 grand so that I don't have to put any of my own money in the deal. Or you could even say that I paid the 20 out of pocket. Okay. Nevertheless, I got a hard money loan for 30 grand.
So I'm all in for 50 grand on this property. Okay. So now I have $50,000 worth of equity. So let's just say I got a loan. Um, let's just say I got a hard money loan for 30 grand, and then maybe I got a private partner to to give me 20 grand so that I don't have to put any of my own money in the deal. Or you could even say that I paid the 20 out of pocket. Okay. Nevertheless, I got a hard money loan for 30 grand.
Cash Flow Is King! 👑 | Wholesaling Real Estate
March 30, 2025
You know, whatever that math is, you know, if my if my loan is four or if my payment is 400, I guess that would be six, seven, $800 a month cash flow. So that's huge. So not only do I own the property forever, I'm completely in the property for $0. One scenario I could grab 30 grand in my pocket tax free. The other scenario, I can just keep it in the house, um, and get all the money back to pay people back and keep 50 grand equity. Um, but nevertheless, both scenarios I get between 400 and $700 cash flow per month, every single month, forever and ever. So that's always going to pay me.
You know, whatever that math is, you know, if my if my loan is four or if my payment is 400, I guess that would be six, seven, $800 a month cash flow. So that's huge. So not only do I own the property forever, I'm completely in the property for $0. One scenario I could grab 30 grand in my pocket tax free. The other scenario, I can just keep it in the house, um, and get all the money back to pay people back and keep 50 grand equity. Um, but nevertheless, both scenarios I get between 400 and $700 cash flow per month, every single month, forever and ever. So that's always going to pay me.
Unlocking The Cash Flow! 🤑 | Wholesaling Real Estate
March 29, 2025
So in this scenario follow me okay, I bought it I rehabbed it, I got a renter in it. So now it's time to refi okay I'm going to refi it for $0.80 on the dollar which is 80% of the RV. So the RV in this in this instance is $100,000. So they're going to give me $80,000. So now that's a $30,000 gap right. So immediately $30,000 goes to pay off my hard money loan. And then that 20,000 that I borrowed from private money or my own money pays me or the private money back, and then I have that $30,000 that I get completely tax free.
So in this scenario follow me okay, I bought it I rehabbed it, I got a renter in it. So now it's time to refi okay I'm going to refi it for $0.80 on the dollar which is 80% of the RV. So the RV in this in this instance is $100,000. So they're going to give me $80,000. So now that's a $30,000 gap right. So immediately $30,000 goes to pay off my hard money loan. And then that 20,000 that I borrowed from private money or my own money pays me or the private money back, and then I have that $30,000 that I get completely tax free.
Ready To Build Wealth? 💰 | Wholesaling Real Estate
March 28, 2025
Then you can get your money back after you refinance it. Pay off the hard money guy. Pay off your credit cards. Now you've got a cash flowing asset that's going to just increase in value over time to where it's going to pay you forever and ever, and you're in it for $0. So what better way is there to get rich than the Burr strategy?
Then you can get your money back after you refinance it. Pay off the hard money guy. Pay off your credit cards. Now you've got a cash flowing asset that's going to just increase in value over time to where it's going to pay you forever and ever, and you're in it for $0. So what better way is there to get rich than the Burr strategy?
Discover The BRRRR Method! 🔑 | Wholesaling Real Estate
March 27, 2025
So if you've never heard of this term, it was coined by um by a guy from Biggerpockets. It's called the Burr method. And that's been our. Yeah, for hours. So what that stands for is you buy, you rehab the property, you rent it out, you refinance it, and then you repeat the process. So it's really simple. And that's exactly how investors can really become wealthy quick okay.
So if you've never heard of this term, it was coined by um by a guy from Biggerpockets. It's called the Burr method. And that's been our. Yeah, for hours. So what that stands for is you buy, you rehab the property, you rent it out, you refinance it, and then you repeat the process. So it's really simple. And that's exactly how investors can really become wealthy quick okay.
You’ve Got This! 💪 | Wholesaling Real Estate
March 24, 2025
It'll have, anything and everything that you get back from title or that you've gotten signed Sign yourself. It'll have it in that, in that folder right there. And also I have an email chain. So here's how we do our email chain with the title company. It'll be something like this. Uh new deal dash 123 Main Street Chicago, Illinois. So it's simple to always just search that address, whether we're in Dropbox or in our email. Um, and then even when we're doing the email blast, it's got that address in there too. So you can search that I'm talking about for buyers. So no matter where you go, it's easy to stay organized because you just search it by that address. Okay. So anyways, if you're super organized and super, uh, got that super hustle in you where you do whatever it takes to get the job done, then you can definitely do it by yourself.
It'll have, anything and everything that you get back from title or that you've gotten signed Sign yourself. It'll have it in that, in that folder right there. And also I have an email chain. So here's how we do our email chain with the title company. It'll be something like this. Uh new deal dash 123 Main Street Chicago, Illinois. So it's simple to always just search that address, whether we're in Dropbox or in our email. Um, and then even when we're doing the email blast, it's got that address in there too. So you can search that I'm talking about for buyers. So no matter where you go, it's easy to stay organized because you just search it by that address. Okay. So anyways, if you're super organized and super, uh, got that super hustle in you where you do whatever it takes to get the job done, then you can definitely do it by yourself.
Organize Like A Pro! 🗂️ | Wholesaling Real Estate
March 23, 2025
So here's I'll just say a little tip. Here's how I do my drop box. So I've got, uh, I name the drop box file the actual property address. Okay. One, two, three Main Street, comma. Chicago, Illinois. Okay, something like that. That'd be the folder name, but inside that folder I have two more folders. So the other one would be wholesale docs, you know, for one, two, three Main Street, Chicago, Illinois. And then I've got property pics for one, two three Main Street, Chicago, Illinois. So all my wholesale docs, any kind of documents that I get. So it'll have my purchase and sell agreement. It'll have my affidavit of equitable interest. It'll have my assignment contract that I get with the in buyer. It'll have the title commitment from the title company. It'll have any adornments that I might have to get with the seller or the buyer.
So here's I'll just say a little tip. Here's how I do my drop box. So I've got, uh, I name the drop box file the actual property address. Okay. One, two, three Main Street, comma. Chicago, Illinois. Okay, something like that. That'd be the folder name, but inside that folder I have two more folders. So the other one would be wholesale docs, you know, for one, two, three Main Street, Chicago, Illinois. And then I've got property pics for one, two three Main Street, Chicago, Illinois. So all my wholesale docs, any kind of documents that I get. So it'll have my purchase and sell agreement. It'll have my affidavit of equitable interest. It'll have my assignment contract that I get with the in buyer. It'll have the title commitment from the title company. It'll have any adornments that I might have to get with the seller or the buyer.
Wholesaling Isn't Easy! 💁♂️ | Wholesaling Real Estate
March 22, 2025
Wholesaling real estate in general is not easy. There's so many moving parts, so many things that could go wrong, so many things that can go wrong with your seller, so many things that can go wrong with your buyer, and a lot of different things that can go wrong with title work, obviously. And a lot of those you can't control sometimes you can't control some of those things. But um, that's why it's important. You know, once you start doing a couple of deals, you know, start bringing people on to help you with at least help you with the task that aren't necessarily generating revenue for you. Um, like pulling your lists or skip tracing or doing some of that follow up, maybe a lead manager. If you're doing acquisitions and dispositions, bring a lead manager on at least to take your calls. Um, to kind of warm them up for you so you can just kind of get up to the plate and hit the home run, you know, that kind of thing.
Wholesaling real estate in general is not easy. There's so many moving parts, so many things that could go wrong, so many things that can go wrong with your seller, so many things that can go wrong with your buyer, and a lot of different things that can go wrong with title work, obviously. And a lot of those you can't control sometimes you can't control some of those things. But um, that's why it's important. You know, once you start doing a couple of deals, you know, start bringing people on to help you with at least help you with the task that aren't necessarily generating revenue for you. Um, like pulling your lists or skip tracing or doing some of that follow up, maybe a lead manager. If you're doing acquisitions and dispositions, bring a lead manager on at least to take your calls. Um, to kind of warm them up for you so you can just kind of get up to the plate and hit the home run, you know, that kind of thing.
Profits Looking Great! 📈 | Wholesaling Real Estate
March 21, 2025
You know, for the month because it's always cool to have okay, here's, here's the deals that 100%. Uh, it's got clean title. I've got buyers for it. This is projected to close for this month, so I've got actual projected profit for the month. Then I've got just projected profit, you know, because that's that stills that maybe we don't know. Um, we think that we can make this amount of money on them or whatever, but then you have real projected project and then profit, and then you have actual profit. Okay. Uh, deals that have already closed for the month. So that's the difference in being a wholesaler and having a whole selling company. Um, and it takes time.
sellers, first of all. Right. So you might talk to, you know, depending on how good your skill set is as far as sales skills goes, you might have to talk to a hundred sellers before you get a yes. You know, and that's just the reality of it. Um, it is highly a numbers game, but even after the numbers game portion, there's all kinds of other layers of difficulties that could come across.
You know, for the month because it's always cool to have okay, here's, here's the deals that 100%. Uh, it's got clean title. I've got buyers for it. This is projected to close for this month, so I've got actual projected profit for the month. Then I've got just projected profit, you know, because that's that stills that maybe we don't know. Um, we think that we can make this amount of money on them or whatever, but then you have real projected project and then profit, and then you have actual profit. Okay. Uh, deals that have already closed for the month. So that's the difference in being a wholesaler and having a whole selling company. Um, and it takes time.
sellers, first of all. Right. So you might talk to, you know, depending on how good your skill set is as far as sales skills goes, you might have to talk to a hundred sellers before you get a yes. You know, and that's just the reality of it. Um, it is highly a numbers game, but even after the numbers game portion, there's all kinds of other layers of difficulties that could come across.
Delegate To Succeed! 💼 | Wholesaling Real Estate
March 20, 2025
So one person couldn't do all of that. They might have my transaction coordinator. She's the one that actually does these email correspondence with the seller and the buyer and the title company. Um, she's the one that holds holds it all together. She's the glue. She's the one that makes sure at the end of the day, that we get paid on the deal. That way, everybody can focus on their one thing, right? Um, so that's a good takeaway. You know, focus on the one thing that you're good at. That's why it's good, you know, if you're good at sales, but you're terrible organizing. Hire somebody to do the organizing for you. You know, I'm really organized and I'm really good at sales, but it's not scalable to do everything, so you have to start delegating.
sellers, first of all. Right. So you might talk to, you know, depending on how good your skill set is as far as sales skills goes, you might have to talk to a hundred sellers before you get a yes. You know, and that's just the reality of it. Um, it is highly a numbers game, but even after the numbers game portion, there's all kinds of other layers of difficulties that could come across.
So one person couldn't do all of that. They might have my transaction coordinator. She's the one that actually does these email correspondence with the seller and the buyer and the title company. Um, she's the one that holds holds it all together. She's the glue. She's the one that makes sure at the end of the day, that we get paid on the deal. That way, everybody can focus on their one thing, right? Um, so that's a good takeaway. You know, focus on the one thing that you're good at. That's why it's good, you know, if you're good at sales, but you're terrible organizing. Hire somebody to do the organizing for you. You know, I'm really organized and I'm really good at sales, but it's not scalable to do everything, so you have to start delegating.
sellers, first of all. Right. So you might talk to, you know, depending on how good your skill set is as far as sales skills goes, you might have to talk to a hundred sellers before you get a yes. You know, and that's just the reality of it. Um, it is highly a numbers game, but even after the numbers game portion, there's all kinds of other layers of difficulties that could come across.
It's Not Always Easy! 🫣 | Wholesaling Real Estate
March 19, 2025
You know, there's a lot of people out there that make it seem super simple and super easy. And yes, once you have a system in place and processes kind of going, um, it doesn't make it easier, but it's still not easy. Um, there's so many things that can go wrong in the wholesale and real estate deal. Um, for example, you know, we've had issues, you know, in the past and uh, lately as well, you know, there's so here's the whole breakdown. Okay. So you're talking to a bunch of different sellers, first of all. Right. So you might talk to, you know, depending on how good your skill set is as far as sales skills goes, you might have to talk to a hundred sellers before you get a yes. You know, and that's just the reality of it. Um, it is highly a numbers game, but even after the numbers game portion, there's all kinds of other layers of difficulties that could come across.
You know, there's a lot of people out there that make it seem super simple and super easy. And yes, once you have a system in place and processes kind of going, um, it doesn't make it easier, but it's still not easy. Um, there's so many things that can go wrong in the wholesale and real estate deal. Um, for example, you know, we've had issues, you know, in the past and uh, lately as well, you know, there's so here's the whole breakdown. Okay. So you're talking to a bunch of different sellers, first of all. Right. So you might talk to, you know, depending on how good your skill set is as far as sales skills goes, you might have to talk to a hundred sellers before you get a yes. You know, and that's just the reality of it. Um, it is highly a numbers game, but even after the numbers game portion, there's all kinds of other layers of difficulties that could come across.
Make It Simpler! 👍 | Wholesaling Real Estate
March 18, 2025
But anyways, yeah, wholesaling houses is definitely not easy. It's simple in concept. Obviously you get a contract with the seller, sell the contract to a buyer, and you get paid, right. That's simple and concept. But we all know if you're in wholesale and real estate, it's definitely not easy, but you can make it easier, is my point. Um, utilize things like Dropbox or Google Docs, one or the other. They're virtually the same thing. Um, you know, utilize those tools. And then as you grow, start getting into more softwares and more systems that can actually help your business, you know, to where, you know, I couldn't we couldn't do what we do without Podio, just 100% honest.
But anyways, yeah, wholesaling houses is definitely not easy. It's simple in concept. Obviously you get a contract with the seller, sell the contract to a buyer, and you get paid, right. That's simple and concept. But we all know if you're in wholesale and real estate, it's definitely not easy, but you can make it easier, is my point. Um, utilize things like Dropbox or Google Docs, one or the other. They're virtually the same thing. Um, you know, utilize those tools. And then as you grow, start getting into more softwares and more systems that can actually help your business, you know, to where, you know, I couldn't we couldn't do what we do without Podio, just 100% honest.
Focusing On Buyers! 👀 | Wholesaling Real Estate
March 17, 2025
Whatever you do to get that buyer, you know, you're going to Facebook. Uh, you might be on marketplace, you might have an email blast of potential, um, buyers that you found. Um, you know, there's a bunch of different ways that you can go about looking for those buyers. But the point is, now you're focused all your time and energy on that buyer trying to find a buyer because you want to get paid, right? And rightfully so. Once you have a deal, your goal is to get money out of that deal. So it makes sense why you would switch all your focus to try to find a buyer so you can get paid on that deal. But here's the downfall in that scenario. Now you have your second week. Okay. You did the whole first week. Talk to Hunter sellers. 2 or 3 interested. You got that one deal. Now you're looking for a buyer.
Whatever you do to get that buyer, you know, you're going to Facebook. Uh, you might be on marketplace, you might have an email blast of potential, um, buyers that you found. Um, you know, there's a bunch of different ways that you can go about looking for those buyers. But the point is, now you're focused all your time and energy on that buyer trying to find a buyer because you want to get paid, right? And rightfully so. Once you have a deal, your goal is to get money out of that deal. So it makes sense why you would switch all your focus to try to find a buyer so you can get paid on that deal. But here's the downfall in that scenario. Now you have your second week. Okay. You did the whole first week. Talk to Hunter sellers. 2 or 3 interested. You got that one deal. Now you're looking for a buyer.
Maximize Your Deals! 💪 | Wholesaling Real Estate
March 16, 2025
But, um, the difference is we don't have to focus all of our time on that one deal. That's where I'm going with this. Um, you know, we still have tons of leads coming in every week. We're still doing tons of follow up. Still getting other deals. Uh, yes. We still have deals falling out, but they don't hurt as much as the point because we got our pipeline full. We're actively pursuing other leads, uh, to potentially bring in more deals. Um, you know, it does suck, but it sucks a little bit less when you lose a deal because, you know, you have other deals in the pipeline that you're getting paid on. So you've got other projected project, uh, profit rather.
But, um, the difference is we don't have to focus all of our time on that one deal. That's where I'm going with this. Um, you know, we still have tons of leads coming in every week. We're still doing tons of follow up. Still getting other deals. Uh, yes. We still have deals falling out, but they don't hurt as much as the point because we got our pipeline full. We're actively pursuing other leads, uh, to potentially bring in more deals. Um, you know, it does suck, but it sucks a little bit less when you lose a deal because, you know, you have other deals in the pipeline that you're getting paid on. So you've got other projected project, uh, profit rather.
SOP's Are Essential! 👈 | Wholesaling Real Estate
March 15, 2025
That was one of my hardest things that I had to learn. You know, when I started that when I started kind of growing is I'm a control freak. Uh, I always think I do it better than anyone else. So I wanted to do it all, you know? And that's why I did. I did it all for a while. Um, but, you know, after 4 or 5 months of that, it's like, okay, I can't work 24 over seven, so you're going to have to train someone else to do it. That's why, in my opinion, SOPs are super important standard operating procedures. So you write down everything that you do. You make a document of that and then you do a recording of that. So you can train people that way easier because you know you're training somebody, why not record it?
That was one of my hardest things that I had to learn. You know, when I started that when I started kind of growing is I'm a control freak. Uh, I always think I do it better than anyone else. So I wanted to do it all, you know? And that's why I did. I did it all for a while. Um, but, you know, after 4 or 5 months of that, it's like, okay, I can't work 24 over seven, so you're going to have to train someone else to do it. That's why, in my opinion, SOPs are super important standard operating procedures. So you write down everything that you do. You make a document of that and then you do a recording of that. So you can train people that way easier because you know you're training somebody, why not record it?
It’s Worth It! 💰 | Wholesaling Real Estate
March 14, 2025
But anyways, wholesaling real estate is definitely not easy, but it's definitely worth it, is my opinion. So put in the grind and the hustle until you get to the point to where you can actually start scaling it. Uh, to make it a real business to where it's duplicate level. And you can project revenue over several months because you already know from your past what you've been doing. That's when you become a real business. So anyways, hopefully you found value in this video. Please hit the thumbs up button if you haven't already, hit subscribe. If you're not a subscriber and if you just take in the info and not subscribe, come on, shame on you. Hit that button. It doesn't cost you anything. It's free. I always try to bring as much value as I can, so drop me a comment if you got any questions or concerns and I'll see you guys in the next video.
But anyways, wholesaling real estate is definitely not easy, but it's definitely worth it, is my opinion. So put in the grind and the hustle until you get to the point to where you can actually start scaling it. Uh, to make it a real business to where it's duplicate level. And you can project revenue over several months because you already know from your past what you've been doing. That's when you become a real business. So anyways, hopefully you found value in this video. Please hit the thumbs up button if you haven't already, hit subscribe. If you're not a subscriber and if you just take in the info and not subscribe, come on, shame on you. Hit that button. It doesn't cost you anything. It's free. I always try to bring as much value as I can, so drop me a comment if you got any questions or concerns and I'll see you guys in the next video.
New Leads Incoming! 🚀 | Wholesaling Real Estate
March 13, 2025
So week two you still have that marketing whatever you spent to bring those 100 leads in or whatever. Um, you've still got leads coming in again and you still got follow up with those other hundred leads that maybe you didn't reach or it wasn't the right timing or whatever. Um, and you still have those 2 or 3 that were that were still pretty interested, the ones that you didn't get to deal with. So you've got a lot of follow up. Okay. You've got a lot of new leads that you're dealing with. So now let's just say it's a it's a second week. I don't know how long it took you to get those 100 leads. Maybe take you a month or two. Um, but nevertheless, whether you have a lot of marketing or little, let's just say you got another ten leads on the second week. Okay? So now you have 110 leads that you're doing follow up with, especially those 2 or 3, but maybe you've got another 1 or 2 that are pretty interested. So now you got five 4 to 5 sort of medium to hot leads. You got the other 100 plus that you definitely got to follow up with, because timing might not have been right initially.
So week two you still have that marketing whatever you spent to bring those 100 leads in or whatever. Um, you've still got leads coming in again and you still got follow up with those other hundred leads that maybe you didn't reach or it wasn't the right timing or whatever. Um, and you still have those 2 or 3 that were that were still pretty interested, the ones that you didn't get to deal with. So you've got a lot of follow up. Okay. You've got a lot of new leads that you're dealing with. So now let's just say it's a it's a second week. I don't know how long it took you to get those 100 leads. Maybe take you a month or two. Um, but nevertheless, whether you have a lot of marketing or little, let's just say you got another ten leads on the second week. Okay? So now you have 110 leads that you're doing follow up with, especially those 2 or 3, but maybe you've got another 1 or 2 that are pretty interested. So now you got five 4 to 5 sort of medium to hot leads. You got the other 100 plus that you definitely got to follow up with, because timing might not have been right initially.
Learn The Secrets! 🔑 | Wholesaling Real Estate
March 12, 2025
Okay, so you could spend let's just say you spent a week talking to sellers and you talked to maybe 100 sellers during that week, and you got maybe 2 or 3 that were kind of interested. Maybe you end up getting one deal out of those 2 or 3 interested. Okay, so out of 100 leads, you talked to 100 people, 100 conversations. Uh, you've got one deal now. Okay, so here's the issue where a lot of wholesalers have the most trouble. Once they get that deal. Now they're in sales mode. Uh, as far as selling it to an end buyer, because now you got the deal. So you got to put that deal into escrow at a local title company. Um, now you're actively searching for a buyer.
Okay, so you could spend let's just say you spent a week talking to sellers and you talked to maybe 100 sellers during that week, and you got maybe 2 or 3 that were kind of interested. Maybe you end up getting one deal out of those 2 or 3 interested. Okay, so out of 100 leads, you talked to 100 people, 100 conversations. Uh, you've got one deal now. Okay, so here's the issue where a lot of wholesalers have the most trouble. Once they get that deal. Now they're in sales mode. Uh, as far as selling it to an end buyer, because now you got the deal. So you got to put that deal into escrow at a local title company. Um, now you're actively searching for a buyer.
Scaling Your Team! 🤝 | Wholesaling Real Estate
March 11, 2025
But once you get a team in place, you know, for example, I have two full time acquisition managers. All they do all day, every day is follow up with their leads all day, every day and also take new incoming leads. Um, you know, we've already got 7 or 8 for today alone. Um, new leads. But they also have their hundreds of old leads, you know, that that they're still kind of nurturing. Um, so that's the difference you have to have eventually, once you scale, you've got all these people in place. So then I've got my dispo manager. All she does is focus on selling all the deals that my acquisition managers get. We have 11 deals active right now in escrow that we are actively pursuing. They're either already assigned to a buyer or they're my acquisition, or my dispo manager is actively, you know, pushing those out to buyers or a couple of those might be flips as well. But either way, we have 11 in escrow right now.
But once you get a team in place, you know, for example, I have two full time acquisition managers. All they do all day, every day is follow up with their leads all day, every day and also take new incoming leads. Um, you know, we've already got 7 or 8 for today alone. Um, new leads. But they also have their hundreds of old leads, you know, that that they're still kind of nurturing. Um, so that's the difference you have to have eventually, once you scale, you've got all these people in place. So then I've got my dispo manager. All she does is focus on selling all the deals that my acquisition managers get. We have 11 deals active right now in escrow that we are actively pursuing. They're either already assigned to a buyer or they're my acquisition, or my dispo manager is actively, you know, pushing those out to buyers or a couple of those might be flips as well. But either way, we have 11 in escrow right now.
Don’t Panic! 😱 | Wholesaling Real Estate
March 10, 2025
Okay. What is it? So let's just say it's a lien that you can't even control. Um, it's not something small that you can just easily fix. It's not a weed or a grass clean or, you know, mechanics. Lane. It's nothing little, right? Something big. That's thousands of dollars that really mess the deal up. Okay. Uh, you might have even found a buyer. You went through all the trouble, assigned your contract, and you got a buyer. But now that whole deal is dead. All because of this lien that you can't fix, okay? Because there are certain deals out there that you just cannot control. You don't ever know what could happen with the deal. Um, so. So now you spent all your time on energy and you were excited because you had that deal. And this has happened to us many times. You know, that's why I'm I'm telling you from personal experience.
Okay. What is it? So let's just say it's a lien that you can't even control. Um, it's not something small that you can just easily fix. It's not a weed or a grass clean or, you know, mechanics. Lane. It's nothing little, right? Something big. That's thousands of dollars that really mess the deal up. Okay. Uh, you might have even found a buyer. You went through all the trouble, assigned your contract, and you got a buyer. But now that whole deal is dead. All because of this lien that you can't fix, okay? Because there are certain deals out there that you just cannot control. You don't ever know what could happen with the deal. Um, so. So now you spent all your time on energy and you were excited because you had that deal. And this has happened to us many times. You know, that's why I'm I'm telling you from personal experience.
Ready To Hustle! 😇 | Wholesaling Real Estate
March 09, 2025
I'm not saying to jump into anything crazy, but if you're super organized, you've got a lot of hustle in you. You're willing to do what it takes to get deals done. Um, then you can definitely do a ton of deals by yourself, because when I first started out, you know, I was all by myself and I was averaging 5 to 7 deals every month by myself. But I was working a lot. But I am super organized. So I was I was able to still follow up with leads, new leads coming in. Um, I was really good at, you know, the details. You know, I have Dropbox folders for every single property, uh, within each.
I'm not saying to jump into anything crazy, but if you're super organized, you've got a lot of hustle in you. You're willing to do what it takes to get deals done. Um, then you can definitely do a ton of deals by yourself, because when I first started out, you know, I was all by myself and I was averaging 5 to 7 deals every month by myself. But I was working a lot. But I am super organized. So I was I was able to still follow up with leads, new leads coming in. Um, I was really good at, you know, the details. You know, I have Dropbox folders for every single property, uh, within each.