She Did This To Close Legit Creative Finance Deals... | Subto Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 19 January 2024
⏱️ 22 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby sits down with Nita Patel to break down how she overcame her fearful mindset and used door knocking to get the majority of her creative finance deals.
Show notes:
- Nita describes how she quit her W-2 and turned to cold-calling and door knocking pre-foreclosure leads.
- Pace and Nita emphasize that people should quit overthinking everything. Instead, it’s important that beginners focus on simplifying tasks to avoid overcomplicating the process.
- Nita breaks down a deal.
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Transcript
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| 0:00.0 | You're listening to the Sub 2 Breakhouse with place more beyond the wholesale hotline podcast. |
| 0:13.0 | Hey guys, you are in it for a special treat. I've got Nita Patel. The right way to say is |
| 0:18.7 | nita. Okay. But I'm going to tell you right now, the reason |
| 0:23.4 | you're in for a treat is because you see this woman here and you assume with her blouse and |
| 0:27.2 | her well done hair that she's never knocked a door. She's never talked to somebody in foreclosure. |
| 0:31.6 | She's never banged down people's door to get deals done, but that is quite the opposite. |
| 0:36.9 | When I found out how she was getting deals and how she was leading the industry up in the |
| 0:40.4 | Chicago area, I was blown away. |
| 0:42.7 | And so we wanted to bring her on the show and highlight her for you. |
| 0:45.2 | So if you guys are anywhere in the country, what's something that you could use? |
| 0:49.4 | Could you use private money? |
| 0:50.9 | Could you use contractors? |
| 0:52.2 | What could you use? |
| 0:53.4 | Pretty much everything. I can use |
| 0:54.9 | contractors, project managers. Really? Yeah. Okay, cool. So guys, if you go to her website, |
| 1:01.7 | Nita buyshouses.com, she's got a phone number on there. Do you actually answer that phone number? |
| 1:06.5 | I do. Because the phone number on my website, I have no idea who answers that. And I don't even know if we do answer that. You do answer your phone? Yeah. I have an app on my phone. Where do you focus? What area of the market do you focus on? We're in Chicago. Like Chicago or outside of Chicago? Outside of Chicago, so we're in the suburbs. So we invest in northwest and south of suburbs. |
| 1:27.7 | Okay. Are you primarily fixing and flipping or are you primarily buying and holding? |
| 1:31.7 | What is your business model? |
| 1:33.7 | We do half and half. We buy and hold, fix and flip. And then if we have a lot going on or |
| 1:38.8 | we don't like the area, then then we'll wholesale. |
| 1:42.0 | Okay. So you must have grown up in a family that did door knocking and foreclosures |
... |
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