How to Get Your First Foreclosure Deal: Step By Step | Subto Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 17 May 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby and foreclosure expert Michael Franke sit down to dive into the best way to get deals: door-knocking properties in foreclosure.
Show notes -- in this episode we'll cover:
- Pace and Michael talk about Michael’s background and how he got into focusing on foreclosures, his process between door-knocking and cold-calling, his mindset shift, and how he’s grown his team into 14 people.
- Michael shares stories of his first couple of deals and the failures that came with them.
- Michael shares he biggest lessons: he emphasizes that even though he experienced several obstacles, he did not give up.
- If you’re not taking action because you feel you’re not ready in some aspect, this is a great podcast to tune into.
- Pace and Michael discuss the fears and challenges they’ve both overcome to get to the level of success they are at today.
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🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 | Hey guys, Pace Morby here. Welcome to Wholesale Hotline Podcast. Today, we're going to be talking about |
| 0:04.0 | wholesaling and how you can get started. But I want to tell you, wholesaling is not just an amazing way for you to get |
| 0:08.9 | started in real estate, but you can also build cash flow and build a portfolio in the process. |
| 0:15.1 | Today's episode, you will walk away with tremendous notes. And I want you to remember, we do a live |
| 0:20.5 | episode every Monday night |
| 0:22.5 | over on my YouTube channel, YouTube.com forward slash pace morby. Head over there and you can meet |
| 0:28.4 | other audience members and do deals in the live chat. Remember to subscribe, give us a little bit |
| 0:34.5 | of love, and make some comments in the show notes down below so we know what to talk about in the future. |
| 0:39.2 | Enjoy today's episode. |
| 0:45.5 | Hey guys, I'm here with Michael Frankie. |
| 0:47.7 | We're going to talk about why the heck would you choose and focus in on foreclosures? |
| 0:53.0 | Michael Frankie's been a friend of mine for years. |
| 0:55.3 | He's one of our community leaders, also making his name |
| 0:58.3 | in the foreclosure world. |
| 1:00.3 | Anybody that you see online talking about foreclosures, |
| 1:03.2 | this is the guy to go and follow. |
| 1:04.5 | Go to his YouTube channel. |
| 1:05.5 | I remember, I don't know, less than two years ago, |
| 1:08.8 | I DM'd you and I'm like, bro, get your content game |
| 1:12.1 | going. |
| 1:12.8 | And he would ask me questions and he would, I'm sure, ask Eric questions as well. |
| 1:17.0 | And then finally, bro has been cranking out amazing content on his YouTube channel. |
... |
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