Jamil Damji. What It Means To Be An Expert in Wholesale. Episode 476 with The Real Brad Lea (TRBL)
Dropping Bombs
Brad Lea
4.9 • 2.3K Ratings
🗓️ 19 May 2022
⏱️ 52 minutes
🧾️ Download transcript
Summary
Jamil Damji is an internationally renowned real estate investing/wholesaling expert with 18 years' experience. He is the Co-founder of KeyGlee, the #1 wholesale company in the world with over 75 franchises. He routinely closes 60-80 real estate transactions a month and has completed 5,000+ transactions. Jamil mentors and educates students around the world. He teaches students how to crush their goals and find financial freedom in the wholesale and real estate industry. Above all, Jamil's mission in life is to impact as many lives as possible and share the knowledge he has with those that have a desire to learn.
In this episode, Jamil and Brad discuss the ins and outs of wholesale real estate.
00:00 Intro
03:53 The one lawyer that saved the deal
06:16 Wholesale definition
09:00 The best places to buy right now
10:15 What to do if you want to get into real estate?
12:07 Car deals
14:04 Realtor relationships
16:00 Want to get started, hit up Jamil on IG! @jdamji
18:50 Types of properties we are looking for
23:45 The 5th-15th of the month
27:30 Foreclosure door knocking
30:25 Jamil's show, "Straight out of Compin'."
32:55 "Our job is to find buyers." - Jamil Damji
35:18 Pace Morby and Jamil's show on A&E "Triple Digit Flip"
38:45 Bomb: "Forget Being on TV, Helping people in person is fun." - Jamil Damji
40:15 Bomb: "The universe doesn't do debt." - Jamil Damji
42:03 Go to https://go.astroflipping.com
45:20 "Thou Hallow"
46:16 "The money is not in the "hi" it's in the "hi again." - Jamil Damji
48:40 Shout out to Pace Morby @pacemorby
Transcript
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| 0:00.0 | Listen up or run |
| 0:22.6 | What it is Brad Lee back again with another episode of drop in bombs today in the studio folks |
| 0:28.0 | I got a real treat for you the godfather of wholesaling |
| 0:32.1 | Jamil Damjee's in the house. What's cracking dude? Why are you the godfather of wholesaling? I don't know man |
| 0:37.4 | Somebody called me that and it's stuck but uh honestly, it's because I've been doing it because someone called it |
| 0:42.6 | It's I've been I've been wholesaling for 20 years before like it was even a cool thing today |
| 0:47.7 | You're supposed to because you wholesale more than any mother fucker on the planet. That's right |
| 0:53.3 | That's why he's the godfather folks |
| 0:55.0 | So if you're into wholesaling or you've been interested in it. Yes, you better pay attention to this episode because from what I hear |
| 1:01.5 | Dude, you got the goods. You know exactly how to do her. Yes, sir. You've done it. What got you started in it? |
| 1:06.9 | Honestly, I stumbled into it. So my first deal I was broke |
| 1:11.1 | I was you know got into entrepreneurship. I'm supposed to be a doctor. I'm Indian right? |
| 1:14.4 | I'm I'm born to be a doctor, but I didn't want to do that shit |
| 1:17.5 | I got into entrepreneurship started in the media company selling websites. That was bullshit and |
| 1:25.1 | From there I had proximity to a person who was in real estate and they were developing their building these duplexes |
| 1:30.8 | knocking down old houses building duplexes and |
| 1:33.5 | I'm listening to these guys talk about these projects. They're working on making a hundred and sixty thousand dollars |
| 1:39.0 | Meanwhile, I'm I'm literally scrambling for crumbs. Yeah. I ask how I can get involved and they really couldn't see a place for me |
| 1:45.9 | But I saw a need because they were talking about needing more building lots |
| 1:49.5 | So the next morning I'm walking my dog and I come across a for rent a house for rent and I call the line |
| 1:55.7 | And I asked the lady if she'd be interested in selling the house instead of renting the house |
| 1:59.3 | I'd seen that house for rent for three months |
... |
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