Saturday Quick Tip -- You’re Doing The Wong Real Estate Strategy
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 2 November 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Special Saturday Edition), we help you start your weekend right offering tips, news and mindset advice.
Show notes -- in these episodes we cover:
- Tips to level up your wholesaling business.
- Motivation to keep you going on your real estate journey.
- The latest industry news to keep you updated.
Please give us a rating and let us know how we are doing!
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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. |
| 0:04.2 | Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:08.0 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:17.6 | One thing that I've noticed and I've been in education now 15 years is that the key to making money in real estate is really about timing. |
| 0:26.2 | It's all about timing. Everything that we do is timing. |
| 0:29.3 | Really all of these strategies, it's not right or wrong. |
| 0:31.7 | It's just at the right time. |
| 0:33.7 | And so that's what happens most of the time that I see. |
| 0:36.5 | I see a lot of people get into real estate and they're doing it wrong. |
| 0:40.3 | And it's not that the thing they're doing is wrong. |
| 0:42.3 | They're doing the wrong strategy in the wrong order and at the wrong time. |
| 0:45.3 | And so one thing that I like to talk about a lot with my students is all of this is developmental. |
| 0:50.3 | Now what do you think that means? Real estate is developmental. Building your skills. Yeah, you're building skills and that process is developmental. Now, what do you think that means? Real estate is developmental. Building your skills. Yeah, you're building skills, and that process is developmental, |
| 0:58.2 | meaning you start where you're at, you build on that foundation. It's a stepping stone. |
| 1:02.9 | Right? Like I started out in Metro Detroit, wholesaling, five and $10,000 houses. That's where I started. |
| 1:10.1 | But I built on it over 20 years to where I am today. |
| 1:12.6 | So it's all developmental. |
| 1:14.6 | Bill had mentioned this thing I talk about called the speed of money. |
| 1:17.6 | And I want to take a minute and talk about this, the speed of money. |
| 1:21.6 | There's different ways to earn money in real estate and really anyway. |
| 1:26.6 | And there's fast speed money, there's |
| 1:30.3 | medium speed money and there's slow speed money. Fast speed money would be like in 30 days, |
... |
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