October 01, 2024


There are a lot of ups in this business, but there are also downs — the downtimes. As long as you're prepared for those things, it's not that big a deal. But you've got to know that they're coming. That's why I like to tell you the truth on my channel. You know, a lot of times, this business sucks real bad, but the pros outweigh the cons. That's why I'll continue doing it forever and ever.

September 30, 2024


The real risk I have is in marketing dollars. And a lot of times, if you're just doing wholesaling, I mean, sure, you have risk with employees, but at the same time, most of the time, we pay employees commission only. So there's not much risk in that either just your time and marketing.

September 29, 2024


But there are a lot of highs and lows in this business. Like I said before in other videos, if it was easy, everyone would do it, right? Because you can make a lot of money. Now, is it worth it? Absolutely. I wouldn't change it for the world because, at the same time, what else can you do to make a million+ dollars in a year just from assigning contracts to people, right?

September 28, 2024


So that's definitely, you know, ups and downs in this business. When you get somebody really good, it's amazing. But when you get somebody that's kind of, you know, sucking, bringing down the culture, or bringing down profits, it's even worse. That's just the way it is.

September 27, 2024


We've gone through 4 or 5 other ones in the last 12 months. Acquisition managers, that is what I mean. And that was super painful, you know, because not only does it cost you a lot of money to onboard somebody, but it costs you a lot of time. And if they don't work out, it's missed opportunities that you may or may not have had as well. So all those things come into play. That's why they say, you know, hire slow but fire fast. And that's exactly the reason, you know, because you want to make sure you get the right people in place. And, you know, that's my fault. I thought I had the right people when I hired those people, and I ended up not. So that's always a struggle in my business — getting the right people in the right seats.

September 26, 2024


If you can build a team around you to do all the different aspects of your business so that you can focus on growing your business, you know, that's the way to do it. And you know, that's always a struggle too. Employee struggles, you know, that's difficult. But when you find a really good employee, it's amazing. Like my number one acquisition manager.

September 25, 2024


Obviously, I do a ton of marketing. I do almost every marketing channel there is. The only thing I don't do is billboards and TV. Pretty much everything else I do or have done for sure. But what works today may not work tomorrow, and what worked, you know, last year doesn't necessarily work today. So that's a big, big thing. You have to learn how to mold and grow into, you know, new ideas. You always have to be conforming to whatever's working today, you know.

September 24, 2024


You know those easy deals. And that's what's cool: some of the deals that you think are going to be hard end up being the easiest deals you ever do. Some of the deals that you think are going to be super easy end up never closing. And also, some of the biggest assignment fees that we get, you know, it's such an easy process with those buyers. They're cool with you making 40 or 50 grand sometimes, but then there's others where you're barely making anything. You know, you're making maybe 7000 or 8000, and the buyer is squeezing you for even more, where you end up making hardly anything. So that happens as well.

September 23, 2024


You know it's it's awesome when you when a deal goes smooth. Uh it goes exactly the way you planned it and hoped that it would. Let's just say you want to do ten deals a month, You want to close ten deals a month, That means you probably have to get 12 - 15 contracts if you actually want to close on ten.

September 22, 2024


The ups and the downs of wholesaling real estate. So obviously a lot of people get in this because the money is good right? You want to make a difference in your family's life and your life etc. Okay So that's great you know that's exactly why I got into it as well. But there are ups and downs in this industry for sure.

September 21, 2024


You've got to go through because there's no money down. Easy to do. Now, that's simple. But the concept and then in buying, owning, fixing it wouldn't make sense. Said who to believe that making things. Whoa, hold on. That Absolutely. Take it down that property and not have a little bit. But you're just to just yesterday they pointed it out for them anyway as to where it could make a bigger feel, a bit more silly. But at a sign of the worst times, of course, except to make a big problem.

September 20, 2024


Your inner circle and people that know you or know people that know you. That's who your private lenders will become. And those people want to know you. But not just that. They want to know that they can trust you with their money to where it's safe. So the more you have under your belt, the better that becomes and the easier it becomes and the easier it becomes for you to be real estate beast!

September 19, 2024


You got to unleash the beast within you so that you can eventually get into maybe some takes and flips on deals that make sense. I just want to do this super easy remodels that I can get in there in two, three, four weeks. Maybe it goes on six weeks, but it's fairly simple stuff.

September 18, 2024


You got to unleash the beast within you so that you can eventually get into maybe some takes and flips on deals that make sense. I just want to do this super easy remodels that I can get in there in two, three, four weeks. Maybe it goes on six weeks, but it's fairly simple stuff.

September 17, 2024


You know it's on paper Sure But you know if you bought $100,000 house for 50 grand and you refinanced it for 70 grand you've got $30,000 worth of equity there And over time that's going to keep on building value So your net worth goes up over time Also your mortgage goes down over time plus your monthly cash flow from that rental income or your rent to own income In my case it keeps going up over time because they're paying down your mortgage for you And you know with inflation and you know every year rent slightly goes up a little bit  So your cash flow starts out here but it keeps widening It gets bigger and bigger So that's why that's important to me So that's how you become a real estate beast in my opinion

September 16, 2024


You know, I'll never stop wholesaling because I love that part of it. But you got to start buying more properties, okay? So that you can make that long term wealth in income. And that's the banks look at too. They see your net worth.

September 15, 2024


Wholesaling is awesome. It's literally like a cash machine. A big ATM spent money out all the time. As long as you feed that marketing machine. You know it's going to spit out good things on the end. Cash Right. Just like an ATM does.

September 13, 2024


Trying to stay focused. So not not chasing squirrels and doing too many things, but you just have to know that in my opinion, there's really like three or four exit and a real estate game to where that that you can actually do with very little money that have huge upside and huge reward. And that's wholesaling real estate that's wholetailing which you wholesale for retail fixing and flipping or buying and holding. And really the buy and hold piece is key in my opinion.

September 12, 2024


You know, So we do fix and flips occasionally, a couple a month probably. We do some lipstick, little hotel type deals where you actually close on it, but you're just doing a couple of minor things and listing it again. And then we do buy and hold properties for long term income and really that's a wealth building. And really in my in my mind, that's really what makes you beast like you're just completely and go find yourself in the industry in general.

September 11, 2024


But becoming a real estate beast is really exactly that. They want to wholesale, right? So you can have bring in that big income all the time because their income ultimately funds my down payments for my real estate deals.

September 10, 2024


An asset. Just like Robert Kiyosaki says, it's not an asset unless it pays. You and I have the same philosophy. You know, it's not really an asset unless it's paying me. So that's why I want to buy more real estate. Okay. And I've talked about in other videos. I don't like to be land lording. So real passive income to me is still owning the property. But the landlord, the landlord part of it doesn't come into play because my tenant slash buyers maintain the property themselves. They don't ever call me about issues that they're having. But.

September 09, 2024


Becoming a real estate based first. The cheapest and easiest way to becoming a real estate based, in my opinion, obviously is wholesaling real estate. My channel is all about wholesaling, but not only that, you know, wholesaling is a stepping stone to get to to the next level. It's really just a huge active income, you know, a huge taxable active income. So you have to be able to offset that large income by creating assets.

September 08, 2024


Making money frees our time up. So that's really what we're all chasing, is more freedom to do what we want, when we want, how we want, where we want, with who we want, and all of those things, right? So you've got to unleash the aria beast within.

September 07, 2024


Because ultimately most of our goals, we think, is money, but it's really not money. It's really the freedom that money can buy you is really what it is, because time is the only thing that we can't get more of, right? That's why our time is super important. That's why you spend time with your family and your kids as much as possible with your parents or what have you, because you can't get time back.

September 06, 2024


How do you become a real estate beast? As my shirt says, unleash the rich beast, the real estate investor beast. But how do you do that? How do you become that? Right. So being a real estate beast can mean a lot of different things, right? Obviously, you've got to be a hustler. You got to want it really bad. You've got to work hard for what you want and what your dreams are. Okay?

September 05, 2024


If you're a one man show, definitely acquisitions is the most important thing. You got to get really, really good at talking to sellers. But when you've got systems and people and processes all in place, dispositions, it's just a little bit harder sometimes. But it's still both Jobs are fairly easy if you've got systems in place to be able to handle those things.

September 04, 2024


Source in your own deals will make you rich, because that's the part that most people don't want to do because it's an entire new business. If their business model is just to flip houses, that's what they want to focus on. And their business model is just a buy and hold and then refinance later. That's probably what they want to focus on, too.

September 03, 2024


When I say what's most important, acquisitions or dispositions, I mean, they're both pretty important. But I would say the job of acquisition manager is slightly easier than a disposition manager if you have the systems in place. Now, if you're just a one man show doing marketing, you're doing everything on your own, then definitely acquisitions is way more important. Acquisitions is way harder.

September 02, 2024


When you're when you're talking about dispositions, I think it's slightly harder if you have systems in place in your entire operation for acquisitions and dispositions. Dispositions takes a slight edge to me being more difficult, but they're both important.

September 01, 2024


Every deal is not for everybody. Sometimes people have funds available at certain times. So some of it's timing. You know, you might have a smoke and know that you can't act on. And you might want to take it down yourself as a wholesaler so you can buy it for a rental or you can flip it yourself, but you don't have the funds to do it.

August 31, 2024


The condition sometimes matters too, because I flip houses also and I buy and hold for rentals as well. But I don't want any part of a full blown renovation. I don't do them and I don't want to do them. So there's people out there too. If your list only pertains to buy and hold people, then it's probably harder to sell it.

August 30, 2024


Let's talk about location. Obviously, if it's a small little town in Potok, feel that there's no real buyers there. I don't care if you got $100,000 house for $10,000, you probably can't sell that for 15 to 20.

August 29, 2024


There's a lot of things that come into play with these deals. Location has a big thing to do with it. The condition of the property has a big thing to do with it, and then just your price has a has a big thing to do with your being able to dispose or not.

August 28, 2024



So disposition wise, I would say it's kind of the same if you actually have a system in place to where it's easier for your disposition manager to sell deals, then that's ideal.

August 27, 2024


And all they literally have to do is answer phone calls, return phone calls, and do follow up phone calls and just negotiate with sellers all day long and get contracts signed. That's really it.

August 26, 2024


Acquisitions is important because they have to know how to buy right buy deep to where you can actually make a wholesale fee. But also their job is a little bit easier when you have a system in place like mine.

August 25, 2024


Trust me, it all starts with buying the house. That's where you make your money. And without acquisitions, you wouldn't have a deal. Right. But at the same time, what good is having ten, 15, 20, 30 deals on your board or in your system if you can't sell them?

August 24, 2024


If you have a machine in a system in place where leads are just coming in all the time and all your acquisition manager has to do is answer the phone and talk to sellers all day and then try to negotiate and make deals. Then I would say if you have that system in place, that that is a little bit easier than dispositions.

August 23, 2024


So what do you think is more important in wholesaling real estate in this business in general? Is the acquisitions or dispositions? And I don't really know the answer because they're both really, really, really important.

August 22, 2024


Have ongoing training with them. Stay in communication. Help them out when they need to, you know, because it's not just like after you finish that, you can't just leave them alone. They're still going to struggle along the way and you're going to be there to help them as as a leader.

August 21, 2024


But if you don't do those things, you're really setting them up to fail. And trust me, I've been there. I'm trying to teach you things that I've learned along the way that I filled out originally. So now I learned these things. And now that's what I do now.

August 20, 2024


I have 5 cold callers and one of them is the manager over the other 4 she calls herself, but she also manages the other 4 people. She's the only one who answers to me because she's handling all of them.

August 19, 2024


You got to be a pro f1st and then detail it out on a PDF. Make an instructional video of how to do it. Number 4 is a live training on exactly what to do.

August 18, 2024


Everything you taught on the instructional video. Now you're showing them live like, here's how it's actually done. Watch me do it live. And you're actually talking to sellers so they know exactly how to do it.

August 17, 2024


Be a master at whatever it is you're hiring for. Document that on a PDF, a detailed step by step video showing them step by step of exactly what you're doing. Show them Live you prove that you're a master, so you're training them.

August 16, 2024


Documented on a PDF to where it's easy to follow. Maybe even make a flowchart. Do your self recording exactly what you told him on the flow chart that you built up.

August 15, 2024


Send your employees up for success. You've got your detailed information. So first of all, let's back up. You've done it yourself and you're a master at it. So now you are qualified to teach it to an employer, right?

August 14, 2024


So step by step documentation is super important, but equally or even more important now, don't skip the first step. You know, document. But equally or even more important is recording a video.

August 13, 2024


You got to think like a kindergartner. Like, how would you explain this to a kindergartner that's never, ever seen this or heard of this or done this in any way, shape or form. That's the first thing document every single step that you do.

August 12, 2024


But once you master that skill, let's say you want to hire out for a cold caller now what you want to do is document everything that you do every single step, even if it seems super minor and might new.