How To Get Your First Wholesale Deal (Then Do 3 Deals A Month) | Flipping Mastery Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 24 December 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition) Jerry breaks down all marketing channels for wholesaling in 2024.
Show notes -- in this episode we'll cover:
- Mindset and skillset breakdown.
- This is a people business (marketing and sales) not a product business (real estate).
- Why leads are the lifeblood of your business.
Please give us a rating and let us know how we are doing!
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☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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‼️‼️Pro tip: Make a post with your market & what you need help with‼️‼️
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:07.7 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:16.0 | I want to share with you the most important thing you can do not just to get started and do your first wholesale deal, |
| 0:23.6 | but to continue on the path to doing deals every month and achieve financial freedom and the life of your dreams. |
| 0:30.6 | And just to put wholesaling real estate in the proper context, the average wholesale deal nationwide is around $15,000. |
| 0:38.3 | That means if you learn how to wholesale three deals a month, |
| 0:41.3 | you would earn over $500,000 a year, which is incredible. |
| 0:46.3 | Doing your first deal and then going on to do deals consistently every month |
| 0:50.3 | requires the right mindset and the right skill set. |
| 0:53.3 | Let's talk about the right mindset first, |
| 0:56.2 | and then I want to give you practical and tactical steps to get your first deal. There are two |
| 1:01.6 | fundamental principles I believe you have to embrace before getting started with wholesaling. |
| 1:07.2 | The first principle is what I call the outcome over income principle. |
| 1:11.6 | Instead of thinking about the immediate desire to do a deal and make some money, |
| 1:15.6 | think about the long-term goal of consistent income. |
| 1:19.6 | The question shouldn't be, how do I do my first deal? |
| 1:22.6 | As much as it should be, how do I consistently do three deals a month? |
| 1:27.7 | In my mentor program called Fast Track, one of the things I tell my students over and over again |
| 1:32.3 | is the goal is not to just do a deal and make some money. |
| 1:35.3 | The goal is to build a business that does deals and makes money. |
| 1:39.3 | There's a huge difference between the two. |
| 1:42.3 | If all you do is focus on doing a deal, then maybe you do a deal |
... |
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