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Wholesale Hotline | Brent Daniels

Saturday Quick Tip -- Secrets to Finding Foreclosure Property Owners to Call (Free and Easy) | Subto Show

Wholesale Hotline | Brent Daniels

Wholesale Hotline

Investing, Business

4.9 β€’ 586 Ratings

πŸ—“οΈ 29 June 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Today on the Wholesale Hotline Podcast (Subto Edition) Jerry is joined by Michael Franke once again to talk all things foreclosure.

Show notes -- in this episode we'll cover:

  • Why foreclosures happen and how you, as an investor, can help.
  • Why you should go after vacant homes (and how to go about it).
  • Michael gives you all his secrets from years in the business.

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🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:04.0

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

0:08.2

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

0:13.5

in the process. Today's episode, you will walk away with tremendous notes. And I want you to remember

0:19.3

we do a live episode every Monday night

0:22.5

over on my YouTube channel, YouTube.com forward slash pace morby. Head over there and you can meet

0:28.4

other audience members and do deals in the live chat. Remember to subscribe, give us a little bit

0:34.5

of love, and make some comments in the show notes down below so we know what to talk about in the future.

0:39.2

Enjoy today's episode.

0:45.7

What do we do if the house is vacant while we're knocking doors or reaching out to pre-foreclosures?

0:52.2

Is that a bad thing?

0:53.3

No, that's when the game begins. I get really excited when you have a vacant house. Guys, think about it. You're outdoor knocking, which we've talked about in other videos, all of a sudden you're kind of looking in the windows and there's no furniture in there, maybe there's just a mess, and there's no one there. That's when the excitement starts. Well, hold on. Michael Frankie, by the way, has his own YouTube channel, Michael D. Frankie,

1:15.6

D is for door knocking. This dude's the most gangster door knocker and pre-foreclosure expert in the country.

1:21.6

He is the best of the best. He's hanging out with us.

1:25.6

I look at a vacant house and I'm like if I'm a new

1:28.1

person I look at that and I go there's no decision maker for me to talk to right that's

1:31.8

not a deal so the reality is that there's something that has happened to make that house

1:37.2

vacant over the hundreds and hundreds and hundreds of deals of these that I've done

1:40.9

the common link is one death or some really significant

1:47.3

situation in their life to where they can't even imagine being in that house

1:51.6

anymore you mentioned in a previous story a homeowner who you made

1:56.0

$75,000 on an assignment she made a good amount of money too she didn't even want to go to the

...

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