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Wholesale Hotline | Brent Daniels

The Secret To Making Big Money With Foreclosures -- The Best Ways To Communicate With Sellers | Subto Show

Wholesale Hotline | Brent Daniels

Wholesale Hotline

Business, Investing

4.9 β€’ 586 Ratings

πŸ—“οΈ 14 June 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby sits down with Michael Franke, a doorknocking master to break down the art of doorknocking in real estate.

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

  • How to reach out to foreclosures? Michael breaks it all down.
  • The pros and cons of each reach-out method.
  • Michael breaks down a $75K deal.

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❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 way for you

0:08.6

to get started in real estate, but you can also build cash flow and build a portfolio in the process.

0:15.2

Today's episode, you will walk away with tremendous notes. But I want you to remember, we do a live

0:20.5

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

0:38.7

Enjoy today's episode.

0:45.6

How the heck do we reach out to people that are going through foreclosure in order for me to get as many deals as I possibly can?

0:52.2

Am I only door knocking? I don't know. The guy who knows all the answers is right here to my right. Possibly your left. I'm not quite sure how this works on the camera. But welcome Michael Frankie to the show. Appreciate you, brother. Thank you. Michael came all the way out from Kansas City to hang out with us to talk about pre-foreclosures, door knocking, how

1:11.3

to reach out to people, how to solve problems, how to check your heart at the door to help

1:15.1

as many people as humanly possible.

1:16.8

He also has his own YouTube channel crushing it on there, focusing on this exact topic.

1:21.8

So if you want more information, either watch our playlist or go over to his channel.

1:26.4

He's doing live door knocking on that freaking channel. Nobody's doing that. Nobody's doing that. All right. Michael, how am I reaching out to these people? And what's my first one I should do? That's what we should do. Should we do significance of importance, likelihood of getting a deal, or I don't know. I think maybe the first one we should do is probably the first. If I give you a list right now, pre-foreclosures, what are you doing first?

1:50.1

It would either be a doorknock or a cold call, but before we even get into that, why even contact people in this amount of different ways?

2:00.2

If you've ever watched Alex or Moses' channel, do you watch his stuff?

2:03.3

Of course.

2:04.3

He had an interesting stat in one of his podcasts about everyone consumes content differently.

2:10.9

He put his books out in a physical form, a Kindle, an audio book, and a course.

2:17.8

And he found that about 25% of people consumed in each different one of those.

...

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