None Of That Matters! 🙅‍♂️ | Wholesaling Real Estate

July 28, 2023

And so a Wholetail to me is I got the I got the this kind of property. I actually close on that property myself with cash or hard money or private money or my line of credit, whatever you use, none of that matters. It's irrelevant. Fact is, you close on the house and then you're just doing really a quick cleanup at best.

What Makes A Good Wholetail? 🤷‍♂️ | Wholesaling Real Estate

July 27, 2023

What makes a good wholetail is typically the house usually doesn't need tons of work. It might need a lot of work, but it shows a little bit better than like a hoarder house would show.

A True Wholetail Means! 🤔 | Wholesaling Real Estate

July 26, 2023

But to me, a true wholetail means you get the discounted property with the seller. So you have your piece of contract. You don't end up finding a cash buyer because you become your own cash buyer. So you actually close on the property yourself and then you immediately start marketing that property on the MLS.

Wholesaling For Retail! 💲 | Wholesaling Real Estate

July 25, 2023

Wholesaling will always be my number one, because that brings huge cash flow every month. And that cash flow pays for all the other things not only my lifestyle, but also pays for the flips that we do, pays for the rentals that we keep. But Wholetail is now wholesaling for retail.

Buy A Property At A Discount! 💁‍♂️ | Wholesaling Real Estate

July 24, 2023

Can you buy a property at a discount? So you have your piece of contract, a piece of paper that you actually sell to an end buyer that has the cash to actually close on that property. So wholesaling is basically no money out of your pocket, no risk on your part. And and it's really no credit checks, nothing like that.

Wholesaling vs Wholetailing! 🤔 | Wholesaling Real Estate

July 23, 2023

Wholesaling vs Wholetailing wholesaling is obviously you getting a contract with the seller at a big discount. So you have a contract and then you in turn sell this contract to a cash buyer that's actually going to bring the money to the table to close on the property.

They're 100% Virtual! 💯 | Wholesaling Real Estate

July 22, 2023

Anybody that's doing any big, big numbers, they're virtual. They're 100% virtual. And that's just the way it is. You'll find some people out there doing a million a year that are face to face. But anybody a year and a million a month, even several hundred a month, they're 100% virtual.

Get On Board With A Virtual Model! 👨‍💻 | Wholesaling Real Estate

July 21, 2023

You know, like I said, it's definitely a better model if you have the time and if you're local and you can do that kind of thing. But if you really want to do some serious numbers and and really grow your business, you know, you have to get on board with a virtual model. That's just the way it is.

Get Good On The Phones! 📞 | Wholesaling Real Estate

July 20, 2023

Now if you're just trying to do a couple of deals a month and make a good living for your family, that's great. I think face to face is the way to go, hands down. But if you're really trying to make it a business or you're scaling and doing bigger numbers every month or every quarter or every year, then the only way to do that is a virtual phone over the phone. So you got to get good on the phones.

It's A Little Less Personal! 🙄 | Wholesaling Real Estate

July 19, 2023

So obviously less personal means you can read their body language. You can kind of get a feel for them. When you're in there, you know, as opposed to face to face. So it is a con it's a little less personal and you're kind of relying on phone, talking and that kind of thing.

Boots On The Ground! 👍 | Wholesaling Real Estate

July 18, 2023

So obviously you have to have boots on the ground if you're virtual. Even when I was doing virtual wholesaling locally, I still had boots on the ground. I didn't go to a house, even though it might be 15 minutes down the road. It's not scalable. So I didn't do it. I just chose to be virtual from the get go, even in my own backyard.

Sky Is The Limit! 🚀 | Wholesaling Real Estate

July 17, 2023

Obviously when you're virtual wholesaling, it's super scalable. All you need is systems and processes. Then you can go to any market you want to in the entire nation. So as long as you have the systems and process and the people in place to make all that happen, you know, the sky's the limit.

You're not Limited To Your Backyard! 🌎 | Wholesaling Real Estate

July 16, 2023

Obviously if you live in a small town, wholesaling is not popular because it's only buyers. So virtual, you know, going over the phone allows you to go anywhere in the nation. So you're not limited to your backyard, you're just limited to your imagination. So that's a huge one.

Reaching More People Is A Big Pro! 🙋‍♂️ | Wholesaling Real Estate

July 15, 2023

Also, you can reach a whole lot more people in one day. So that's a given. If you can reach more people, then you can get more sales to get more sales and make more money. So obviously reaching more people is a big pro.

It's 100% Virtual! 👨‍💻 | Wholesaling Real Estate

July 14, 2023

Prose for over the phone. It's 100% virtual. You don't have to actually go to their house and talk to them and waste 2 to 3 hours, you know, on one appointment. So 100% of virtual.

Getting A Deal Face To Face! 🧑‍🤝‍🧑 | Wholesaling Real Estate

July 13, 2023

I do think hands down, face to face is always better as far as getting the contact is definitely a lot easier. But we're going to go over, you know, pros and cons of doing it over the phone and why I think that model is actually a little bit better, even though you have a better chance of getting a deal face to face.

It's Not Scalable! 🙅‍♂️ | Wholesaling Real Estate

July 12, 2023

It's not scalable because you're only one person. So you can scale up, but you need a lot more people. Typically you're doing these kind of things on your own or with just a handful of people, so you can't get to as many people.

It Takes You Time! ⏰ | Wholesaling Real Estate

July 11, 2023

It takes you time. By the time you get to that appointment, you drive to that appointment. So it takes you probably 30 minutes in most cases, and then you've got to drive back home. So you're looking at maybe 3 hours. So that's a huge con, you know, because you can only see two people, so you can only have two appointments.

Help To Solve Their Problem! ✅ | Wholesaling Real Estate

July 10, 2023

So you physically need an appointment when you're doing face to face. So you're scheduling that with the customer or with the seller and getting all that lined out to where you can actually be there in person to talk to them and give them your whole pitch in and what you can do for them to help their, you know, help solve their problem.

You Have To Be Local! 🙋‍♂️ | Wholesaling Real Estate

July 09, 2023

You have to be local. You're local because that is a pro. So they actually know that you're from their same city. Typically, if you're showing up at their house and you know the area and you are a legitimate person, but the downfall is you have to be local to do face to face, obviously. So that's a pro and a con actually.

See The Property In Person! 👀 | Wholesaling Real Estate

July 08, 2023

You can get the contract signed in person. So contact in person is also here. It's all about when you finish the conversation. You're asking for the sale and then you literally can turn the contract around and just say, Sign here.

Get The Contract Signed In Person! ✍️ | Wholesaling Real Estate

July 06, 2023

You can get the contract signed in person. So contact in person is also here. It's all about when you finish the conversation. You're asking for the sale and then you literally can turn the contract around and just say, Sign here.

Get The Undivided Attention! 👀 | Wholesaling Real Estate

July 04, 2023

Obviously, if they're not distracted, that's a huge benefit because you don't have all those outside influences and everything's, you know, because face to face is huge without having distractions. So you get the undivided attention because when you're there with them, obviously they're looking at you, they're talking to you, you're just talking about the entire house and the process and that kind of thing all in person, which is huge.

Body Language Is Always Key! 🔑 | Wholesaling Real Estate

July 03, 2023

Obviously when you're talking to someone and you're having the whole sales conversation, body language, a lot of times can tell tell the full story, you know, because you can really see if they're more motivated or less motivated the way they talk and feel and that kind of thing. So body language is always key when you're face to face.

More Personal! 🤫 | Wholesaling Real Estate

July 02, 2023

Wholesaling. Is it better to do face to face or is it better to do over the phone more virtual model? So one pro obviously when you're face to face, so obviously anything you do that you can do face to face is always better. Definitely more personal. But not only that.

It Is Possible! 🤑 | Wholesaling Real Estate

July 01, 2023

Yes, you can flip a house that you don't own, that you don't have cash in to and without the risk. So it is possible. If you want to learn more, definitely check out all the videos on my channel.

Locked Up 2 Deals On Sunday! 🔐 | Wholesaling Real Estate

June 30, 2023

You know, we just got a couple of new deals on Sunday, which is kind of crazy because sellers, they're available at all times. Do you have to have acquisition managers are willing to work when the leads come in? Our acquisition managers locked up two deals on Sunday, so just those two properties alone was $18 grand and $17 grand profits to our company. So everybody's happy.

Get A Big Paycheck! 💵 | Wholesaling Real Estate

June 29, 2023

It's definitely possible to flip a house, with no cash, no credit, no money and no risk. So all you have to do is get out there and do it. And at the end of the day, you get a big paycheck, you know, if you negotiated it. Right.

ARV Is The Most Important Thing! 💪 | Wholesaling Real Estate

June 28, 2023

You know, the ARV, you know, the actual value of the house after it's all repaired is the most important thing because everything else falls into place from that point. Because once you know what the house is potentially worth after it's remodeled, then you can kind of make your numbers based on that fact. The end buyer to make a profit that you want to get paid too. So you've got to have a fee in there for you as well.

Run Your Numbers Correctly! #️⃣ | Wholesaling Real Estate

June 27, 2023

Our jobs as wholesalers to reach out to those people and give the contract. After you get that contract at a discount, it's pretty easy to find a buyer that wants to take your place and actually close on that property as long as you ran your numbers correctly.

We Are Problem Solvers! ✅ | Wholesaling Real Estate

June 26, 2023

So virtually you flipped a house with never owning it, no risk, with no money out of pocket. You found an end buyer and you at the end of the day, you solved a particular person's problem. That's really what wholesaling is. We are problem solvers.

Wholesaling Vs wholesaling Houses! 🤷🏼‍♂️ | Wholesaling Real Estate

June 25, 2023

So wholesaling houses are no different. you as a wholesaler getting a contract with a seller, somebody that actively wants to sell their property, they agree to a set price with you at a wholesale discounted price. Once you have that property under contract, you send it to the title company. They get all the paperwork done. In the meantime, you're searching for a cash buyer to take your position in that contract to be able to close on it.

What Wholesaling Is? 🤔 | Wholesaling Real Estate

June 24, 2023

If you don't know what wholesaling is, it is literally flipping houses with no money. You know, the whole process of wholesaling the house. If you really think about it. Everything that we have in life is wholesaling almost everything that we own and we have and we use every day has been wholesale to us.

Become A Millionaire Quickly! 🤑 | Wholesaling Real Estate

June 23, 2023

You can definitely make more money by keeping the property, but it's still important to wholesale, in my opinion. Just so you have that big income coming in to be able to pay for these deals. It is possible to become a millionaire quickly in this business. All you have to do is believe and just be willing to take the action, consistent action every single day, and you can do it too.

Keep A House Than A Wholesaler! 🏡 | Wholesaling Real Estate

June 22, 2023

It's smarter to keep a house than a wholesaler. To be honest, wholesale is still our main thing because I want that big active income coming in. So that's always important to me. But if you do enough deals, you can still always keep that way. You still have that passive income in your net worth building.

Active Income To Pay For Deals! 💁‍♂️ | Wholesaling Real Estate

June 21, 2023

Ultimately, if you've got the finances in place as far as lines of credit and you've got active income to pay for deals, it's actually smarter to keep a property and you actually can make the same amount of money, if not more, by holding a property as opposed to wholesaling.

Make A Giant Active Income! 💰 | Wholesaling Real Estate

June 20, 2023

So wholesaling to me is just a means to an end. It's a way to make a giant active income because active income can easily be used for whatever you want. You know, if you're into stocks or whatever else.

Passive Income Forever! 😱 | Wholesaling Real Estate

June 19, 2023

I looked at wholesaling like an ATM, but also I always knew from the get go that the real wealth will come from holding rentals only will I have passive income forever, but I also have that net worth that will continue building over time, you know, my net worth increases.

Millionaire In Less Than 2 Years! 🤑 | Wholesaling Real Estate

June 18, 2023

So I've got that active income paying for my passive income, which becomes, you know, $400 to $500 per month on active. You know, I've been doing this for 2 and a half years now, and I was a millionaire probably in less than two years. And I didn't even notice until my tax accountant told me.

Tax Free Money! 💵 | Wholesaling Real Estate

June 17, 2023

You buy a house for $0.50 on the dollar, for example. Let's just say for easy numbers, it's a $100,000 house. You buy it for $50,000, maybe $15,000 into the remodel. So you're all in for $65,000. So you can refinance that house, not only get your money back that you've put into it, but also get some tax free money so some more active income money.

BRRR Strategy! ✅ | Wholesaling Real Estate

June 16, 2023

So as a wholesaler, we're buying this deal way less than market value in most cases. So if we're getting these properties for $0.50 on the dollar and we close on it, fix it up. I mean, basically the first try to buy, remodel, rent, refinance and then repeat.

Increase Your Net Worth! 🚀 | Wholesaling Real Estate

June 15, 2023

If you have a high active income, you have the money to put down on these houses to make them passive income. But not only that, not only will you get paid forever when you actually keep rentals. So not only will you have those forever, but you also increase your net worth on every property that you close on.

Wholesaling Is Like An ATM! 🏧 | Wholesaling Real Estate

June 14, 2023

Doing wholesaling is really just, you know, I've said it before, it's like an ATM. What that provides for you is active income, which is awesome because that active income can help fund deals that you can close on to either flip or to keep. As rentals in the rentals especially is is key because that could make it passive income.

How I Became a Millionaire in Less Than 2 Years? 💰 | Wholesaling Real Estate

June 13, 2023

How I became a millionaire in less than two years. Wholesaling real estate, you know, is really just a means to an end, in my opinion. When I found out about it, I was super excited just to have the knowledge and to buy and sell a house without even owning it. Right.

The Only Way You Fail! 😬 | Wholesaling Real Estate

June 12, 2023

Timing is key when you're trying to get a hold of these sellers to stick with it, stay at it and you will succeed. That's really the key to this whole business is consistency. If you're consistent, there's no way to fail, and the only way you fail is to quit.

Try A Different Method! ⚙️ | Wholesaling Real Estate

June 11, 2023

Timing. You just never know. Try different time periods throughout the day and try a different method. You just never know. So that's why it's important to always be top of mind because if your company is top of mind, you're more likely to get the deal. If you're not, you might be warming it up for the next investor or the next wholesaler coming along to get that deal easier.

99% of Deals Come In Follow Up! 🤑 | Wholesaling Real Estate

June 10, 2023

I would say probably 99% of deals come in, follow up. You're hardly ever going to get a deal the first try, first call. You know, it happens very rarely. So follow up. You know, it's really important to do that all the time.

Fill Your Pipeline! ✅ | Wholesaling Real Estate

June 09, 2023

If you're working on sellers, you know you need a lot of them. Obviously, you need to fill your pipeline, follow up these with these leads all day, every day. And don't ever get let a lead go untouched more than a handful of days because you or your company or however you're presenting yourself to these sellers. If you're not top of mind to them at all times, they're going to go somewhere else.

Got A Deal On The 1st Try! 🤷‍♂️ | Wholesaling Real Estate

June 07, 2023

A buddy of mine from out of town knew that our wholesaler in this area and they were like, Hey, we got this property. You know, we don't have any buyers there. Can you help me dispo it? I was like, Sure, no problem. You know, give me the address. So he gave me the address. I looked at that property in our system and we actually had that lead in our system. And it was this late, I'm telling you about that. We've probably followed up like 40 times on this lead and ended up losing the deal to this other investor. And they got him on the first try.

You Always Have To Be TOP OF MIND! 🙋‍♂️ | Wholesaling Real Estate

June 06, 2023

Timing is key because you never know what's on someone's mind. You always have to be top of mind. Your company has to be top of mind when they're ready to go.