Rich Dad's Guide: Your First Real Estate Deal | Wholesaling Inc Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 21 November 2024
⏱️ 18 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Wholesaling Inc Edition), Brent Daniels is back with a very special collaboration TTP x Rich Dad, Poor Dad. Today he breaks down everything a newbie needs to get their first deal.
Show notes -- in this episode we'll cover:
- Brent emphasizes generating leads, negotiating deals, and closing transactions as the main pillars. A steady lead pipeline is essential for success.
- Breakdown of lead types, highlighting referrals (trust-based), inbound leads (often costly but motivated), and outbound leads (proactive outreach, like calls and door-knocking).
- The keys: target poor conditions, available equity, and motivated sellers who seek convenience and are willing to trade price for speed.
- He advises pre-qualifying leads based on property condition, timeline, motivation, and price, stressing consistent follow-up and well-crafted offer presentations.
- The three exit strategies: buy-sell, buy-hold, and assigning contracts, aiming for long-term wealth by building assets over time.
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☎️ Welcome to Wholesale Hotline & TTP Breakout🦏🍌! ☎️
Brent Daniels is a multi-million dollar wholesaler in Phoenix, Arizona… and the creator of “Talk To People” — a simple, low cost, and incredibly effective telephone marketing program...
Also known as “TTP”... it helps wholesalers do more, bigger, and more profitable deals by replacing traditional paid advertising (postcards, yellow letters, bandit signs, and PPC) with being proactive and taking action every single day!
Brent has personally coached over 1,000 wholesalers enrolled in his “Cold Calling Mastery” training, and helped 10,000’s of others who listen to him host the Wholesaling Inc. podcast, watch his YouTube channel, and attend his live events...
A natural leader, Brent combines his passion for helping others with his high energy, “don’t-wait-around-for-business” attitude to help you CRUSH your wholesaling goals as quickly and easily as possible!
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JOIN BRENT FOR THE LIVE SHOW EVERY WEDNESDAY AT 10:00 AM ARIZONA TIME: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
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💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: ttplinks.com 💲
Become a "TTP Insider" for exclusive tools and trainings (it's FREE to join)!: https://www.talktopeople.com/insider/
Want to work with me one-on-one? 📞 Book a call with my team!: https://www.talktopeople.com/coaching
Service for Distressed Property Lists and Property Valuations - “TTP Data!”: http://ttpdata.com/
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Brent Daniels's YouTube: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
🔹 Brent’s IG: https://www.instagram.com/brentdaniels_ttp/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
‼️‼️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 | You are listening to another TTP breakout with Brent Daniels on the Wholesale Hotline podcast. |
| 0:14.6 | Hey guys, Rich Dad Real Estate Coach Brent Daniels here. |
| 0:18.2 | And if you just read Rich Dad Poor Dad, |
| 0:21.5 | then you're probably looking for some incredible |
| 0:24.2 | real estate opportunities. |
| 0:25.7 | And remember this, we make money when we buy. |
| 0:30.2 | So let's break all that down. |
| 0:32.4 | All right, there's three main parts to buying really great deals. |
| 0:37.2 | The first one is lead generation. Second is the conversion |
| 0:40.9 | and third is your exit strategy. To put it even more simple, find deals, negotiate deals, |
| 0:48.3 | and close deals. But nothing happens unless you are generating leads. You can know everything there is to know about investing in real estate, |
| 0:58.0 | but if you don't have a full, healthy pipeline of opportunities, |
| 1:03.0 | nothing is going to happen. |
| 1:05.0 | So this is where we start. |
| 1:07.0 | This is where the main focus should be. |
| 1:09.0 | This is your true income producing activities |
| 1:11.6 | is living right here in your lead generation system. |
| 1:16.6 | And that breaks down into three parts. |
| 1:19.6 | You've got referrals, you've got inbound leads, |
| 1:22.6 | and you've got outbound leads. |
| 1:24.6 | Now referrals, you probably know what this is. This is people that know, |
| 1:29.0 | like, and trust you that are going to send you opportunities to see if you want to buy those |
... |
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