Episode 222: Mistakes We’ve Made – Wholesaling Real Estate
Dan Lok Show
Dan Lok
4.9 • 824 Ratings
🗓️ 1 October 2020
⏱️ 45 minutes
🧾️ Download transcript
Summary
Today David and Brysan will talk about their mistakes and experience that they have encountered in wholesaling that you should lookout and avoid. Use their knowledge and experience to minimize your expenses and start out properly in Wholesaling. Not Selling Offers, Overestimating ARV, Starting in MAO, Over rehabbing, Lack of Consistency are the things to lookout for.
Transcript
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| 0:00.0 | Welcome back to the Discount Property Investor Podcast. Our mission is to share what we have learned from our experience and the experience of others to help you make more money investing like a pro. |
| 0:15.1 | We want to teach you how to create wealth by investing in real estate the discount property investor way. |
| 0:21.2 | To jumpstart your real estate investing career, visit free wholesalecourse.com, the most complete |
| 0:27.3 | free course on wholesaling real estate ever. |
| 0:30.1 | Thanks for tuning in. |
| 0:32.4 | We are asked over and over again, how do you find the right phone numbers for the properties you're trying to |
| 0:38.4 | buy? It is pretty simple. You skip trace the owner and property address. What does that mean? |
| 0:43.9 | What does skip trace mean? It means you go and find the contact information of the owner of a property. |
| 0:50.3 | But you don't want to do that one time. |
| 0:57.4 | Real estate is a numbers game and a people business. |
| 1:00.7 | You need to work a lot of leads to find motivated sellers. |
| 1:06.8 | We use an awesome skip trace service that you can upload a giant list of names and addresses all at once, |
| 1:10.5 | and a few minutes later you have a ton of phone numbers for prospecting. |
| 1:16.2 | Visit www.dipipodcast.com forward slash skiptrace. |
| 1:27.7 | All right. Welcome back to the show, everybody. |
| 1:33.3 | I got Bryson Duvall, one of my new co-hosts joining me this afternoon. |
| 1:34.5 | Bryson? |
| 1:35.4 | What's on, man? Welcome back, buddy. |
| 1:36.3 | Good to see you, my friend. |
| 1:37.3 | Let's get it. |
| 1:38.2 | Let's see you. |
| 1:38.9 | Let's get it. |
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