June 29, 2024


All right. So you decided to take up wholesaling real estate and you need lead because that's the first thing you need when you start this business. But how do you get to? really step 1 is you need a list!

June 27, 2024


And here is pro tip never just sign a contract blindly. Make sure you're on the phone with them while you are explaining it or while you're there with them. Otherwise you know, it's just a simple click the sign.

June 26, 2024


I pulled the list. So it's an equity absentee list from propstream for this particular county. So don't ever just chock your list and think that they're dead because if they're are motivated seller list something made them motivated then all of a sudden fall off of that list unless they sell the house or some.

June 25, 2024


If you're going to do wholesaling real estate, obviously you've got to be good at acquisitions. You've got to be good at transaction coordinating and you've got to be good at dispositions and you have to know how to run a business if you want to make it into a business. But if it's a side hustle, get the deals, sell the deals and move to the next one.

June 24, 2024


Getting to talk to sellers again and just interacting and going through the whole process, getting the lead into our system, following up with that lead, you know, taking those inbound calls, calling people back, you know, texting people, doing the whole thing. That's the key to this business.

June 23, 2024


Once you start talking to sellers, you're going to end up getting deals, but you can't get those. You can't manage those. Once you get into bigger volumes of leads without a CRM and you definitely want to track it so that you know what kind of money you're spending on different lead sources and if they're worth it or not.

June 22, 2024


You just need your CRM or your notebook. Either way, you need your tracking phone number so that you can track the leads when they come in. And then you just need a list of people, and that's the three things you need.

June 21, 2024


I always suggest propstream. It's $97 a month. But the fact is, you get 10,000 records per month with propstream, so you can pull a lot of leads. 10,000 leads per month for $97. It's crazy.

June 20, 2024


Think about those lists on listsource. There's Adamdata, there's propstream foreclosuresdaily.com. I think there's all kinds of different lists out there you could buy.

June 19, 2024


Any kind of advertising out there at all you can have. You know, I would suggest to use different phone numbers. Even when we do direct mail, we have different numbers for different types of lists that we use, and we keep those numbers forever.

June 18, 2024


The last thing you need in a super important, in my opinion, you need a tracking phone number. Not only do you not want to use your personal cell phone because potentially safety reasons.

June 17, 2024


You need some sellers, whether you buy lists or you drive for dollars or you do some type of marketing to bring calls in. You need a list of sellers to talk to. Okay.

June 16, 2024


If you do Facebook or some of those other types of marketing where people call you, then you definitely need the cirium to be able to track those people calling in so you don't get those lost and you waste money on marketing.

June 15, 2024


So the next thing that you need is a list of sellers. So you have to have somebody to call or somebody to market to. No matter what kind of marketing channel you choose, you have to have a list of some sort.

June 14, 2024


So there's super affordable things out there in Podio a lot of real estate investors use I use it myself. So it's definitely a really good tool. A lot of team members built in because it get kind of charged based on the members that are using it as well.

June 13, 2024


You need something to track your leads with. Whether that's a CRM, you can use something like Podio. I think their basic version is free or almost free, at least even an upgraded version that's still super cheap is like, I think it's $24 a month or something like that.

June 12, 2024


To keep track of your leads. I mean, you have to have somewhere to put their name, address, phone number and the notes that you take every time and then something holding you accountable to actually be able to follow up day to day or at least a weekly basis.

June 11, 2024


Very basic things that you have to have when you get started in wholesaling real estate, 1st thing you need somewhere to be able to put your leads. So I definitely suggest maybe use as some type of basic generic CRM just somewhere that you can actually store information.

June 10, 2024


3 basic tools that you must have to get started in wholesaling real estate. A lot of people try to overcomplicate this whole business and yes, it can be difficult and some aspects, but at the same time you got to start with the basics.

June 9, 2024


So yes, you can you can wholesale without a team. Absolutely. But once you figure it out, definitely hire that team, get things in place to where you can actually grow, grow that machine and grow your income at the same time.

June 7, 2024


But without a team, you know, it's impossible to truly do big numbers by yourself because you're typically going to work yourself to death. So that's my 2 sense on that.

June 6, 2024


Once you get the process and the systems and everything in place, I definitely suggest hiring a team, make it a business to where you can kind of oversee everything and make things run smoothly. Then you've got everybody doing their own thing in their own particular position.

June 5, 2024


Can you wholesale without a team? Absolutely. Is it more difficult? Absolutely. Is it necessary? Absolutely. You got to be able to do everything first before you hire.

June 4, 2024


You're not the only wholesaler in town. Trust me, there's tons and tons of competition everywhere you go in the nation. So try to get those leads live if you can. If you can't, contact them as soon as you can.

June 3, 2024


If you're doing acquisitions, you're spending money on marketing, you've got to answer these calls live. That's when you have the best shot, especially if you're doing like pay per click or Facebook, radio ads, stuff like that.

June 2, 2024


In late 2019, I focused on creating processes and systems to transform from a solo wholesaler to a thriving business. Learn how to build a business the right way!

June 1, 2024


Master each role in your business before hiring. Embrace the process, do it all yourself, and take your time to build the perfect team. Watch to learn how!

May 31, 2024


You've got to be good at marketing. You've got to be good at doing the acquisitions. If you're doing cold calling, you've got to be a good cold caller. You've got to be good at doing the transaction coordinating. You've got to be good at talking to buyers about selling the deal and just completing the whole transaction.

May 30, 2024


So starting now, you know, it's tough when you're doing everything all at once. You know, it could be difficult, but it is possible once you figure out the process and you need to be able to master every step along the way.

May 29, 2024


Wholesaling real estate. Can you actually do this without a team? So the short answer is yes, but it's more difficult for sure. So when I first started out, obviously I didn't have a team in place and whenever I found it, you know, I just took action immediately.

May 28, 2024


The ARV sets the tone and gets you started for everything else. You make your money on the purchase, not on the sale, because if you didn't get the ARV right to begin with, you wouldn't have your MAO correct. Therefore, you probably wouldn't make money or not as much.

May 27, 2024


You do want at least three or four similar properties to actually get a true ARV. So the ARV sets the tone and gets you started for everything else.

May 26, 2024


Propstream is a good resource. The county assessor is a good resource, not necessarily what their assessed value is. Usually you can find like properties within that same area or neighborhood to where you can see what the property is actually sold for.

May 25, 2024


If you're already doing deals popstream is 100% worth it. And we use it all day, every day to analyze our deals and acquisitions. We also use it for our list building.

May 25, 2024


If you're already doing deals popstream is 100% worth it. And we use it all day, every day to analyze our deals and acquisitions. We also use it for our list building.

May 24, 2024


You know, the actual ARV of a property. You got to know not just the beds and baths and the square footage and potential, the lot size, but the actual neighborhood. And sometimes more than just the neighborhood.

May 23, 2024


So get the basic ARV quickly. You can just search all the sites like Redfin, Realtor.com, Zillow.com, the county assessor, you know, if you just search those sites alone, average those and then get you a decent ARV.

May 22, 2024


ARV ultimately is what gets you paid. So if you get the ARV wrong, everything else that you do will most likely be incorrect. And you probably won't be able to make money on that deal.

May 21, 2024


You make your money when you buy, not when you sell. I'm sure you've heard it before, and it's so true, especially in wholesaling real estate, to know how you buy something at the right price. You got to know your ARV.

May 20, 2024


16.5% total return as $20,594 per deal. Almost $21,000 per deal to do. Real estate is pretty awesome. I'm happy with it.

May 19, 2024


Facebook. So we actually did 10 deals during last quarter that brought in $238,557 and we only spent $8,195 on that. That's a 29% return. I mean, that's huge for one marketing channel.

May 18, 2024


Cold calling that brought in $84,250. We spent $6,400 bucks to bring in $84,250. That's a 13% return, which is super solid.

May 17, 2024


Radio, We actually did four deals. We actually brought in $145,700. We actually spin on that for $3600 to bring in $145K. I mean, that's pretty huge. That is a 40.47% return.

May 16, 2024


We did $11,500 in pay per click and the return wasn't great. It's $10,006 spend to get that 11,500. It's a 1%. It's less than 1%. You know, to be honest.

May 15, 2024


So we did 2 deals with RVM for a total $20,000. It was two different deals that were $10 grand apiece. We only spent $2,016 on that. That's a 10% ROI as well.

May 14, 2024


We only did 1 deal from JV and last quarter we only got $3,000 for that. So obviously as a $6,000 assignment fee super tiny deal. You know, JV didn't cost us anything. We split the deal and JV I mean that's infinite return as well, right?

May 13, 2024


We only did 1 deal from JV and last quarter we only got $3,000 for that. So obviously as a $6,000 assignment fee super tiny deal. You know, JV didn't cost us anything. We split the deal and JV I mean that's infinite return as well, right?

May 12, 2024


You want to see the return that I actually got in my marketing efforts for Q2, for my wholesaling real estate business, we had 1 referral and that actually brought us $10,000 in revenue, which is awesome. And that spend, That was $0. Obviously, a referral is free.

May 11, 2024


You know, I completely love real estate. Everything about it. You can make money in so many different ways in real estate. So you just got to keep doing that push forward. Go for your goals. Let go of whatever is holding you back so you can get there.

May 10, 2024


Stepping away from multiple 6 figure income to potentially grow something that I could do 7 figure income with. It wasn't advertising anymore. Now it was houses and real estate. So that's what I went all in on because I believed in my skills already.