42: Building a Monster Wholesaling Business with Mike Nelson

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 31 October 2013

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The concept of wholesaling still confuses a lot of people – and learning how to do it correctly to make great income confuses even more. Luckily, today on the BiggerPockets Podcast we are going to sit down with a wholesaler who is crushing it with his amazing wholesaling business. Mike Nelson is going to take us inside his business and show us how he is generating huge profits through systems that you can start to implement in your own business today. From marketing to outsourcing to partners and more – this podcast will take you from wholesaling newbie to pro in just an hour. Don’t miss this show! Read the transcript for episode 42 with Mike Nelson here. In This Show, We Cover How Mike lost 2k on the first deal Partnering with others while wholesaling Virtual wholesaling Mike’s exact process for wholesaling a deal Postcards vs. Yellow Letters The one direct mail tip that blew Josh and Brandon away! Tips and tools for finding missing homeowners How to hire a Virtual Assistant to help you in your business Links from the Show Accurint by Alexis Nexus BP Podcast 018 : Flipping, Marketing, and Wholesaling with Danny Johnson BP Podcast 038: Unique Strategies for Buying Real Estate with Travis Daggett ODesk.com Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki The 4 Hour Workweek by Tim Ferriss The E-Myth Revisited by Michael Gerber The Lean Startup by Eric Ries Tweetable Topics The secret to success in business is fixing other people’s headaches. (Tweet This!) If you don’t have a business card – you are inconveniencing the other person to write down your number. (Tweet This!) Connect with Mike Nelson Mike’s Blog WholesalingHouses101.com Mike’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast Show 42.
0:04.0	You're listening to Bigger Pockets Radio,
0:07.0	simplifying real estate for investors large and small.
0:10.0	If you're here looking to learn about real estate investing without all the height, you're in the right place.
0:16.0	Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.
0:22.0	Your home for real estate investing on the market. benefited from BiggerPockets.com.
0:22.8	Your home for real estate investing online.
0:26.4	What's going on everybody?
0:27.3	This is Josh Dorkin, host of the BiggerPockets
0:29.7	podcast here with my jolly old partner in crime, Brandon Turner. Hey Brandon.
0:35.0	He's making sound like Santa Claus on a rampage.
0:38.0	Do you remember that old weird owl song? It was The Night Santa went crazy?
0:42.0	I don't, but I remember... The night Santa went crazy I don't but I remember the night
0:44.8	Santa went crazy anyway yeah I made a music video in high school to it it was awesome
0:49.9	is it on YouTube no but I should put it on there. I do have the VHS.
0:54.0	Oh, you have to. I got to find a way to do that. There are lots of people who would click on your video.
1:00.0	It was pretty great. I'll have to look for that.
1:01.0	And then point fingers at you and laugh.
1:03.0	Yeah, it would go viral.
1:04.0	That's what it was.
1:05.0	Nice, nice.
1:07.0	So things are good.
	...

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