Saturday Quick Tip -- Easy Repair Cost Estimator | TTP Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 30 December 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
Every Saturday on the Wholesale Hotline Podcast (TTP Edition), Brent brings you a quick tip to level up your business.
Key takeaways:
- How to quickly determine repair costs.
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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. |
| 0:11.0 | Hey, it is Brent Daniels and I am in a kitchen today, which is very fitting because this video is all about estimating the rehab costs for your wholesale deals. Now, listen to me. Listen very, very, very closely. Stop being a contractor. Stop being an inspector. Stop even thinking that wholesaling is about real estate. It is about talking to people. It is the people business. Okay, so I'm going to |
| 0:39.4 | give you tools in this video so that you can make broad assumptions on what it will cost |
| 0:45.6 | somebody that you're going to sell this property to to fix up these properties. Okay. Are these |
| 0:50.8 | perfect? No. Are these rules of thumb? Yes. Do I use this every single day in my business? |
| 0:56.8 | 1000%. Here is the rule of fun. The first thing you need to do, okay? Step one is you need to find out the square footage of the properties that you're going after. Okay. It's very easy to Google it and to see it on a ton of different |
| 1:12.3 | website, Zillow, Truly a Redfin, whatever it is. If you want to get the exact square footage, |
| 1:18.1 | go look at the county, your county's tax assessor or treasure, whatever it is in your area, |
| 1:23.7 | and find out what they have, what they're taxing it on because they tax on the size of |
| 1:28.2 | the house. So find what that square footage is if you want the exact or somewhere close. But |
| 1:33.7 | usually, honestly, guys, most of the time Zillow is right. So just go with Zillow so that you're |
| 1:38.4 | not messing around too much. But if you're a perfectionist, you analytical's out there, I get it. |
| 1:42.9 | Go get it. You engineers, go go crazy with the research, but not too crazy. |
| 1:47.2 | But remember, we are not contractors. |
| 1:49.5 | So stop. |
| 1:50.1 | You don't need to break it all down and figure it all out. |
| 1:52.7 | I did this when I first started. |
| 1:54.0 | I remember I had to figure out how much roofs costs and how much flooring costs and how much |
| 1:59.7 | it cost to install. |
| 2:00.6 | And it was all just |
| 2:01.9 | creative distraction. It was creative avoidance from talking to people. We want to get all that out of the |
| 2:09.0 | way. And I'm going to give you a tool here so that you can use it to make assumptions. But the |
... |
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