3 Beginner Mistakes to Avoid in Subto | Subto Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 11 May 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby and Dawn Walker discuss some mistakes made while closing her very first subto deal in real estate. Leveraging the people around you can help you succeed! Find out how to navigate through pitfalls in subto and real estate.
Show notes -- in this episode we'll cover:
- Why mistakes are a requirement for growth..
- Avoid these 3 mistakes when starting subto.
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎
Transcript
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| 0:00.0 | You're listening to the Sub 2 Breakhouse with Pace More Beyond the Wholesale Hotline podcast. |
| 0:13.3 | Don Walker! |
| 0:16.0 | Everybody's on Walker. |
| 0:18.1 | Thanks. |
| 0:18.6 | I appreciate all the love. |
| 0:19.7 | It's kind of weird to get all of it, but I love it. Thank you. |
| 0:23.3 | Okay. So you get the deal closed. Like you got paid, right? I got paid yesterday. We're still |
| 0:28.5 | dealing with one problem with the title company, but it's something we're fixing tomorrow. |
| 0:32.4 | So Molly's- What's the problem? |
| 0:34.2 | Title doesn't want to record the performance deed. |
| 0:38.3 | And we're having to amend the addendum. |
| 0:42.3 | And so we're going to send that out tomorrow. |
| 0:44.3 | Molly's on top of it and so is Allison. |
| 0:46.3 | So I messed up from the beginning. |
| 0:48.3 | I made a mess and I didn't realize that it wasn't proper to hold back on the performance deed and offering that. |
| 0:57.0 | I just heard it so many times during the Zooms. I was like, yeah, we can do this, right? |
| 1:02.0 | So that's a learning lesson for me because it does create quite a bit of problems. |
| 1:06.0 | Sounds like in Texas with title companies. So it makes a lot of sense to me. I'm still trying to piece it |
| 1:12.4 | all together, but I think we're good. The seller's happy. And she was excited that she got her |
| 1:17.7 | $3,000. So she wasn't expecting that. So it was good. Tell me the story. Tell me the bunnies. |
| 1:24.2 | I want to know the bunnies. So a baby elephant brought this to me. And at first they |
| 1:29.8 | what's a baby elephant for the people are brand new. A baby elephant is someone that comes to the |
... |
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