Hey guys, Pace Morby here. Welcome to Wholesale Hotline podcast. Today we're going to be talking

about wholesaling and how you can get started. But I want to tell you, wholesaling is not just an

amazing way for you to get started in real estate, but you can also build cash flow and build

a portfolio in the process. Today's episode, you will walk away with tremendous notes.

And I want you to remember, we do a live episode every Monday night

over on my YouTube channel, YouTube.com forward slash pace morby.

Head over there and you can meet other audience members and do deals in the live chat.

Remember to subscribe, give us a little bit of love, and make some comments in the show

notes down below so we know what to talk about in the future.

Enjoy today's episode.

I get questions in the DM all the time about why was this not a good deal? Pace, why am I getting low ball cash offers if you're a real estate agent or man, this agent told me all I do is send low ball cash offers. What is a low ball cash offers if you're a real estate agent or man this agent told me all I do is send low ball cash offers

What is a low ball cash offer? Why do investors have to give you a low ball cash offer? And what does that look like on the other side for a real estate investor? So I get sent a deal the other day in Mesa, Arizona And he says the ARV is $460,000. Now, for those of you guys that

don't know what ARV means, it means after repair value, which means I'm going to buy this house in Mesa,

and I'm going to add value to it with money, time, and my cruise expertise, and I'm going to make

this house worth $460,000 after a renovation.

So after repair value, ARV. Okay, so he sends this to me, says this could be worth $460,000.

My price to you is $315,000. And I said, absolutely not a deal. Now Now if you're a real estate agent, you'll look at that

and you go, there's no way. What are you talking about? There's a hundred and forty thousand

dollar spread here. Are you kidding me? Actually more, $145,000 spread. You can't make money

on a $145,000 spread? Now, we're here with the No One Left Behind Challenge. Have you guys enjoyed the No One Left Behind Challenge so far? Now, we're about to get started making some calls. If you guys ever want to see me making calls, we'll put a link in the description down below. We have this really cool thing called Heroes of the Hustle that just goes through a bunch of agent calls that I have.

We'll put that down below. But this week, we are making calls for you guys. Who set appointments today? Anybody set appointments? Oh, my, look at this. This is, whose first appointment was it that you set? Amazing. So about half the room set your first appointment. Pretty freaking awesome. Okay, one more time. Everybody has set their first appointment today. Incredible. Two?

Amazing. I hope I close it. You set five. Stop bragging. Proud of you. Really proud of you. Is it like life changing to be in the room and actually do the business? Yes. Okay, cool. So what's going to happen is you're going to run into real estate agents that you're talking to and you're setting appointments for me or other people. And you're going to get agents that go, you're not going to be one of those low ball cash offer people, are you? It's like, are you reading off of a script lady? Did they give that to you at Keller Williams? Is that like the Keller Williams script? Yes. And so when I hear that, I don't get upset. I just understand where that real estate agent has been in their life, which means they've done zero flips.

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