Go Deeper! 👇 | Wholesaling Real Estate
May 17, 2025
Don't do what I do, you know, starting out at least. But over time, obviously you can grow into doing multiple marketing channels because, you know, if it's going to bring you money in, then do it. But at the same time, you don't want to overdo it at first. You want to do what works, learn it, perfect it, and then go deeper into it.
Don't do what I do, you know, starting out at least. But over time, obviously you can grow into doing multiple marketing channels because, you know, if it's going to bring you money in, then do it. But at the same time, you don't want to overdo it at first. You want to do what works, learn it, perfect it, and then go deeper into it.
Perfect Your Marketing First! 📢 | Wholesaling Real Estate
May 16, 2025
You know, once you have a little bit of success, you know, just for an example, if you if you chose cold calling, start out with one cold caller, buy you some list and have them cold call. You've got to train them and teach them on what to do and what to say and how to say it. Um, but once you start getting deals from that, you can expand that. You can buy more or less for them to buy. Uh, to call. You can do, um, add another caller if you wanted to. So then, um, once you have success in that, you can start expanding from it. So that's exactly what I'm talking about.
You know, once you have a little bit of success, you know, just for an example, if you if you chose cold calling, start out with one cold caller, buy you some list and have them cold call. You've got to train them and teach them on what to do and what to say and how to say it. Um, but once you start getting deals from that, you can expand that. You can buy more or less for them to buy. Uh, to call. You can do, um, add another caller if you wanted to. So then, um, once you have success in that, you can start expanding from it. So that's exactly what I'm talking about.
Wasted Money! 🤦♂️ | Wholesaling Real Estate
May 15, 2025
I think he got over a couple of hundred calls in the matter of, in the matter of like an hour or two, and it was impossible to keep up. So the ones that actually did leave messages, he was calling back. Um, but when you when you really look at it, we probably wasted a lot of opportunity. We definitely wasted some money and some time, but definitely probably opportunity costs more than anything. Um, because all those calls should be answered live. That's the key. Whatever marketing channel you choose. That's why I say perfect it. You want to do one, maybe two at a time, get really good at those two and then go deep into them.
I think he got over a couple of hundred calls in the matter of, in the matter of like an hour or two, and it was impossible to keep up. So the ones that actually did leave messages, he was calling back. Um, but when you when you really look at it, we probably wasted a lot of opportunity. We definitely wasted some money and some time, but definitely probably opportunity costs more than anything. Um, because all those calls should be answered live. That's the key. Whatever marketing channel you choose. That's why I say perfect it. You want to do one, maybe two at a time, get really good at those two and then go deep into them.
You're Throwing Money Away! 💸 | Wholesaling Real Estate
May 14, 2025
I'm a big believer in not wasting money in my personal life or business, so, um, I only spend money on things that I know is going to bring me money. So if you're doing too many things, what I'm saying is you're going to throw money away unless you have a team in place. But even if you had a team and you started doing all these marketing channels and they don't really know how to handle those, for example, um, pay per click, you know, if you don't take those calls live or call them back within 30s to a minute or so, five minutes tops, you're probably going to lose that, because if they're searching online on Google or something, you know, uh, sell my house fast or something along those lines. They're looking like for now, they want answers now. They need help right now because they're actively pursuing you. So if you're not taking those calls live, you're basically throwing money in the trash. And those are very expensive leads.
I'm a big believer in not wasting money in my personal life or business, so, um, I only spend money on things that I know is going to bring me money. So if you're doing too many things, what I'm saying is you're going to throw money away unless you have a team in place. But even if you had a team and you started doing all these marketing channels and they don't really know how to handle those, for example, um, pay per click, you know, if you don't take those calls live or call them back within 30s to a minute or so, five minutes tops, you're probably going to lose that, because if they're searching online on Google or something, you know, uh, sell my house fast or something along those lines. They're looking like for now, they want answers now. They need help right now because they're actively pursuing you. So if you're not taking those calls live, you're basically throwing money in the trash. And those are very expensive leads.
None Of It's Working! 🙅♂️ | Wholesaling Real Estate
May 13, 2025
So, after you have a team behind you that can handle a lot of things over time, that’s when you can start adding more marketing channels, because I've got, you know, some people are like, hey, I'm doing this, this and this and this, but none of it's working. Well, you know, I’ve been there too. You know, at one time, you know, I was doing direct mail, cold call and RVM direct mail was working. Okay, but the RVM and cold calling was terrible because I wasn't doing it right. Yes. We got to a deal from RVM, but we probably should have got 5 or 6 deals from that from that first time I sent those if I did them correctly. So that’s the whole message here, guys. Um, don’t do what I do, you know, starting out at least. But over time, obviously you can grow into doing multiple marketing channels because, you know, if it's going to bring you money in, then do it.
So, after you have a team behind you that can handle a lot of things over time, that’s when you can start adding more marketing channels, because I've got, you know, some people are like, hey, I'm doing this, this and this and this, but none of it's working. Well, you know, I’ve been there too. You know, at one time, you know, I was doing direct mail, cold call and RVM direct mail was working. Okay, but the RVM and cold calling was terrible because I wasn't doing it right. Yes. We got to a deal from RVM, but we probably should have got 5 or 6 deals from that from that first time I sent those if I did them correctly. So that’s the whole message here, guys. Um, don’t do what I do, you know, starting out at least. But over time, obviously you can grow into doing multiple marketing channels because, you know, if it's going to bring you money in, then do it.
I Failed At Cold Calling! 🤦♂️ | Wholesaling Real Estate
May 12, 2025
Slowly, I would say after, um, 3 or 4 months, I dabbled in cold calling, which I failed miserably. Um, because I didn't train my cold callers like you're supposed to. I just expected them to know what to do and how to do it, and that's just not the case. Um, whether you're using virtual assistants or someone here in the States, people have to be trained, uh, for you to have, uh, any kind of success at all. You know, you can't just count on people, even if they've had experience of some sort. You got to teach them exactly what you want them to do. For them to be successful and for you to actually get deals out of it. So I failed at that.
Slowly, I would say after, um, 3 or 4 months, I dabbled in cold calling, which I failed miserably. Um, because I didn't train my cold callers like you're supposed to. I just expected them to know what to do and how to do it, and that's just not the case. Um, whether you're using virtual assistants or someone here in the States, people have to be trained, uh, for you to have, uh, any kind of success at all. You know, you can't just count on people, even if they've had experience of some sort. You got to teach them exactly what you want them to do. For them to be successful and for you to actually get deals out of it. So I failed at that.
The Big RVM Mistake! 🤷♂️ | Wholesaling Real Estate
May 11, 2025
Let's just say there was about a thousand or so phone numbers. So what I did was all I knew to do was, um, send out VMs. Your phone's going to ring, take the calls and try to get a deal. Right. And that is right. But what you want to do is you want to slowly have those, um, those phone calls go out on your RVM system. Uh, And what I did was I uploaded it. I sent the whole thing out at once. So literally a thousand messages, you know, phone calls, um, went out all at one time. So my acquisition manager was, like, blowing up. His phone was blowing up, literally, um, for several hours in a row because it definitely worked. He was getting tons of calls.
Let's just say there was about a thousand or so phone numbers. So what I did was all I knew to do was, um, send out VMs. Your phone's going to ring, take the calls and try to get a deal. Right. And that is right. But what you want to do is you want to slowly have those, um, those phone calls go out on your RVM system. Uh, And what I did was I uploaded it. I sent the whole thing out at once. So literally a thousand messages, you know, phone calls, um, went out all at one time. So my acquisition manager was, like, blowing up. His phone was blowing up, literally, um, for several hours in a row because it definitely worked. He was getting tons of calls.
Acquisition Manager Strategy!🧏| Wholesaling Real Estate
May 09, 2025
So in my business, I have two acquisition managers. And their whole job is to take all the incoming leads that come into our system. Okay. So not only are they following up with all their leads all day, every day. They're also taking in new coming leads that we do. Um, we have multiple marketing channels to bring these leads in. We typically get, um, 50 to 60 leads every single week. So my two acquisition managers typically get around 30 new leads every week. But like I said, they also follow up with existing leads constantly.
So in my business, I have two acquisition managers. And their whole job is to take all the incoming leads that come into our system. Okay. So not only are they following up with all their leads all day, every day. They're also taking in new coming leads that we do. Um, we have multiple marketing channels to bring these leads in. We typically get, um, 50 to 60 leads every single week. So my two acquisition managers typically get around 30 new leads every week. But like I said, they also follow up with existing leads constantly.
Virtual vs Local Office! 🏢| Wholesaling Real Estate
May 08, 2025
I did the same thing for my discipline manager. and we only do that when needed. Oftentimes, you know, they don't really need the money because it's, you know, a female that their husband works and that kind of thing. Or they have money saved up from severance from their last job or what have you. So anyways, that's really how that works. You know, that's virtual wholesaling in general. It's really easier to scale because you're not meeting people face to face. Also, I would say that having a local office with your whole team there is definitely easier because you can build that camaraderie and that whole culture in your office.
I did the same thing for my discipline manager. and we only do that when needed. Oftentimes, you know, they don't really need the money because it's, you know, a female that their husband works and that kind of thing. Or they have money saved up from severance from their last job or what have you. So anyways, that's really how that works. You know, that's virtual wholesaling in general. It's really easier to scale because you're not meeting people face to face. Also, I would say that having a local office with your whole team there is definitely easier because you can build that camaraderie and that whole culture in your office.
Team Structure Insights! 👈| Wholesaling Real Estate
May 07, 2025
So as far as what the team looks like, your team is your team, whether you're virtual or local or whether you're locking deals up over the phone or in person, whether your team is nationwide or all in one office. It's all the same. Okay, you've got acquisition managers. Transaction coordinators and disposition managers. And then what I do is all the marketing. And kind of oversee the operation. Okay. So that's really all there is to it. It's pretty simple as far as that goes. Now what I pay them in my business we pay 100% commission. So everybody eats when deals are closed.
So as far as what the team looks like, your team is your team, whether you're virtual or local or whether you're locking deals up over the phone or in person, whether your team is nationwide or all in one office. It's all the same. Okay, you've got acquisition managers. Transaction coordinators and disposition managers. And then what I do is all the marketing. And kind of oversee the operation. Okay. So that's really all there is to it. It's pretty simple as far as that goes. Now what I pay them in my business we pay 100% commission. So everybody eats when deals are closed.
Tech Challenge Solution! 🧑💻| Wholesaling Real Estate
May 06, 2025
For the 20% that are just completely, um, technology challenge, I guess, for lack of a better word. Um, if they're completely technology challenge, then that's when we will get somebody local, um, to go do that for us. And how do you get that person? It's easy. You can either use wego, com or um, bpo.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.
For the 20% that are just completely, um, technology challenge, I guess, for lack of a better word. Um, if they're completely technology challenge, then that's when we will get somebody local, um, to go do that for us. And how do you get that person? It's easy. You can either use wego, com or um, bpo.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.
Disposition Manager Role! 💁♀️| Wholesaling Real Estate
May 05, 2025
Also, we have a disposition manager that is simultaneously, uh, notified when acquisitions get the deal because she's going to go ahead and start actively pursuing buyers to try to sell that deal. So then once she does assign the contract to a buyer, um, our transaction coordinator is also communicating with the buyer. So she's the one that's actually talking to the seller, talking to the title company, talking to the buyer. Uh, if there's attorneys, probate attorneys or anything like that involved, she's talking to them as well. Um, she's the one that coordinates all of those things to make sure we get to the closing table. So lastly, we do have our disposition manager, which I touched on. Her sole job is to sell all the contracts that acquisitions gets.
Also, we have a disposition manager that is simultaneously, uh, notified when acquisitions get the deal because she's going to go ahead and start actively pursuing buyers to try to sell that deal. So then once she does assign the contract to a buyer, um, our transaction coordinator is also communicating with the buyer. So she's the one that's actually talking to the seller, talking to the title company, talking to the buyer. Uh, if there's attorneys, probate attorneys or anything like that involved, she's talking to them as well. Um, she's the one that coordinates all of those things to make sure we get to the closing table. So lastly, we do have our disposition manager, which I touched on. Her sole job is to sell all the contracts that acquisitions gets.
Ready To Level Up!👆| Wholesaling Real Estate
May 04, 2025
Also on that topic, you I mean, you eat what you kill. So you know, acquisition manager that might get four deals in a month compared to the other one that might get ten. Obviously the one that got ten is going to make more money. Now the transaction coordinator handles all of those in this scenario. All 14 of those contracts. And I pay her on a per contract basis, um, between 250 and 350. Uh, depending on the situation. Now, my disposition manager, uh, is the same as acquisitions.
Also on that topic, you I mean, you eat what you kill. So you know, acquisition manager that might get four deals in a month compared to the other one that might get ten. Obviously the one that got ten is going to make more money. Now the transaction coordinator handles all of those in this scenario. All 14 of those contracts. And I pay her on a per contract basis, um, between 250 and 350. Uh, depending on the situation. Now, my disposition manager, uh, is the same as acquisitions.
Facebook Marketing Strategy! 📢| Wholesaling Real Estate
May 03, 2025
We'll just split the fee with you 50 over 50. So, um, but also my disposition manager will also put that on all the local Facebook groups. So, for example, if you have a deal in Chicago, Illinois, what you want to do is join all the local Facebook groups for investors. Okay. Um, you just type in the to the search bar on Facebook. You know, investor, Chicago wholesaler, Chicago real estate investor in Chicago, all those type of keywords to try to find local groups, join all of them that are specific to investors in that local area. And then post your deal, but don't post it too detailed, okay? Be very general and vague.
We'll just split the fee with you 50 over 50. So, um, but also my disposition manager will also put that on all the local Facebook groups. So, for example, if you have a deal in Chicago, Illinois, what you want to do is join all the local Facebook groups for investors. Okay. Um, you just type in the to the search bar on Facebook. You know, investor, Chicago wholesaler, Chicago real estate investor in Chicago, all those type of keywords to try to find local groups, join all of them that are specific to investors in that local area. And then post your deal, but don't post it too detailed, okay? Be very general and vague.
Avoid Deal Stealing! 🔍| Wholesaling Real Estate
May 02, 2025
You 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 post 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 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 post 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.
Virtual Team Setup! 🧑💻| Wholesaling Real Estate
May 01, 2025
Now there's a bunch of nationwide virtual wholesalers out there like myself. However, we don't only just lock up contracts over the phone virtually, but we also my entire team is virtual. We all work out of our own homes. Nationwide, we're all in different parts of the country and even across the world. So I got a question as somebody was asking me how that how that works. You know, how do you go about finding a local team? Um, how do you pay them, you know, etc.? How does how does it all work?
Now there's a bunch of nationwide virtual wholesalers out there like myself. However, we don't only just lock up contracts over the phone virtually, but we also my entire team is virtual. We all work out of our own homes. Nationwide, we're all in different parts of the country and even across the world. So I got a question as somebody was asking me how that how that works. You know, how do you go about finding a local team? Um, how do you pay them, you know, etc.? How does how does it all work?
Virtual Property Tours! 🏠| Wholesaling Real Estate
April 30, 2025
I have a video of me explaining exactly how to do it with a cell phone sideways and things like that. Um, so that tells them right there between those two things. It tells them exactly how to do it. Uh, so what happens is my acquisition manager, once they get the deal, they'll just tell the seller, like, hey, I'm going to actually send you a link, um, and a PDF explaining to you how we need pictures. Okay. They just tell them that we need to get pictures now because obviously, um, that's an important part of the process. We have to get pictures and we get a video every single time. 100% of the time we get videos. Um, that's what really sells our deals virtually. Um, that makes it a lot easier. We get sight unseen offers with videos.
I have a video of me explaining exactly how to do it with a cell phone sideways and things like that. Um, so that tells them right there between those two things. It tells them exactly how to do it. Uh, so what happens is my acquisition manager, once they get the deal, they'll just tell the seller, like, hey, I'm going to actually send you a link, um, and a PDF explaining to you how we need pictures. Okay. They just tell them that we need to get pictures now because obviously, um, that's an important part of the process. We have to get pictures and we get a video every single time. 100% of the time we get videos. Um, that's what really sells our deals virtually. Um, that makes it a lot easier. We get sight unseen offers with videos.
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?