Mastering Deal Acquisition: Free, Outbound, and Inbound Strategies Explained
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 16 January 2025
⏱️ 14 minutes
🧾️ Download transcript
Summary
Learn the secrets to finding great deals in real estate wholesaling through free methods, outbound marketing, and the coveted inbound leads. Understand the pros, cons, and risks of each approach to streamline your path to success.
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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Transcript
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| 0:00.0 | How do we find deals? If a wholesale business is just simply, you know, finding great deals, |
| 0:04.7 | how do we do it? Well, there are three ways to find deals, all right? There are the freeways. |
| 0:10.5 | There is what we call outbound and inbound. So, let's talk about which ones work great for what. |
| 0:24.4 | As far as free goes, all right? Free Methods of getting deals would be the MLS. This would be properties that are on the market. |
| 0:29.7 | The next one would be referrals. So this could be agents. This could be other wholesalers. |
| 0:35.5 | You know, you could do all that. Then you could just like go hustle and like knock doors and, you know, just really get out |
| 0:42.3 | there and try and build relationships is the key. |
| 0:44.7 | Now, here's the thing. |
| 0:46.1 | Do the freeways work? |
| 0:48.6 | Yes. |
| 0:49.7 | With like, uh, let's just put like a little asterisk, kind of like Barry Bonds, right? |
| 0:53.9 | They want to put an asterisk on all of like Barry Bonds, right? They want to put an |
| 0:54.4 | asterisk on all his records, even though he's the best ever. Um, you know, with, with the MLS, you can |
| 1:00.4 | get deals. But in most cases, uh, you're really having to flip. I mean, most people who are doing |
| 1:07.0 | free methods, they're, they're having to actually buy the property and flip it because there's |
| 1:11.2 | already a middleman involved. There's already agents. There's already another wholesaler. Can you wholesale |
| 1:16.9 | it and make money for sure? But in most cases, man, the free is really good for just people who |
| 1:22.2 | want to flip properties, who actually want to buy it, fix it up, and sell it. You know, in fact, |
| 1:27.0 | I do a lot of free deals. |
| 1:28.4 | They're almost all me buying deals to flip, all right? |
| 1:32.1 | And I just hate door knocking, so I don't even recommend that, period. |
| 1:34.9 | But, you know, when it comes to free, it's very difficult to wholesale these. |
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