In today's episode, we're going over step by step how to make $15,000 in 30 days through wholesaling real estate. I've got my bald co-host, Brian DeVille, here. How many wholesales have you done at this point? Um, I would say 200. 200 wholesales. I don't know how many wholesales we've done. We've done at least 700 flips and wholesals. Yeah. So we're, we're, if not over 1,000 for sure. That's a lot. It is a lot. So wholesaling changed my life. Flipping houses changed my life. Our average fee right now is about $15,000 to $18,000 per deal. And so, you know, the average deal takes about 30 days. So we just got to help people get a deal right now today if they want to make 15, 18K. Yeah, I would say my average fee is 35,000 in change. That's like our, that's like for sure. Yeah. Because you guys in California. Because you're in Southern California. So, yeah, the prices are a little bit higher. But yeah, 15K should be easy.

Okay. So let's just go over the basic concept of wholesaling for those who have never heard it, have no idea what it is.

You know, flipping a house, which is how we both got started is, you know, you find a good deal, you find the money to buy it, you find the contractor to fix it up, you then

fix it up, list it with a realtor on the market. A new buyer comes in, usually who's going to live in

it. They do their inspections. They're expecting this nice, beautiful flip, and then, you know,

they end up buying it. And the whole process, on average, takes four to six months, give or take, right? In fast markets where things are hot, you can sell them quicker. When things have been really slow, like they have the last couple of years, they can take longer. Wholesaling cuts all of that out. Wholesaling basically is the first half of that where it's like, hey, we find a really good deal. But instead of

finding, you know, a private lender to fund it and a contractor to fix it up and a realtor to list it,

we cut all that out. And then we just find an investor who's willing to pay us more for it. And we just

sell them the contract. A lot of people don't really like get that part of it. Like they think that, um, there's a lot of shenanigans with the contract.

Like every time we do the, the, uh, webinars and stuff, people are always like, but what about

the contract?

What do people need to know about a wholesaling contract?

A wholesaling contract is probably the easiest contract in real estate.

Yes.

Because you're not dealing with realtor forms.

So once you start dealing with realtor forms, your purchase agreement goes from being from, goes from one page to 12 pages.

Yeah.

So a wholesaler purchase agreement should be one to three pages.

And then an assignment agreement should be half a page.

It's one page.

It's very, very, very short.

It's very simple.

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