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Epic Real Estate Investing

Virtual Wholesaling: RJ Bates III's Blueprint Revealed | 1385

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8955 Ratings

🗓️ 16 November 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

In this episode, Matt sits down with R.J. Bates III, a seasoned real estate wholesaler with over a decade of experience in the industry. Together, they take a deep dive into their personal journeys into wholesaling, exploring the ups and downs of building a successful real estate business. R.J. opens up about how the wholesaling landscape has evolved over the years, from relying on traditional methods to leveraging advanced lead generation strategies like Pay-Per-Click (PPC) and Pay-Per-Lead (PPL) marketing. He shares invaluable insights into the importance of direct-to-seller marketing, offering practical advice on how to connect with sellers in a way that maximizes results and minimizes costs. Throughout the conversation, R.J. also sheds light on the challenges of navigating regulatory hurdles in different states and how to stay compliant while scaling your virtual wholesaling operations. He emphasizes the significance of optimizing systems and processes to ensure smooth, efficient business management, even when operating remotely. Beyond real estate, R.J. opens up about his passion for music and his unique hobbies, discussing how his creativity and entrepreneurial spirit intersect in ways that fuel both his personal and professional life. The episode touches on the fulfilling aspects of entrepreneurial success, from achieving financial freedom to the personal growth that comes with owning and operating a business. For aspiring wholesalers, this episode is packed with actionable advice, practical strategies, and valuable lessons learned from R.J.'s years of experience. Whether you're just starting out or looking to scale your virtual wholesaling operation, R.J.'s emphasis on continuous learning, adaptability, and innovation in the ever-changing real estate market will leave you motivated and ready to take your business to the next level. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Terio Media.

0:05.0

Hey, strap in! It's time for the epic real estate investing show. We'll be your guides as we navigate the housing market, the landscape of creative financing strategies and everything you need to swap that office chair for a beach chair. If you're looking for some one-on-one help, meet us at rei-aise.com.

0:23.5

Let's go.

0:24.6

Let's go. Let's go. Let's go. Let's go. Let's go. Let's go. Let's go. Let's go.

0:30.8

Mr. R.J. Bates the third. Welcome to the show, bud.

0:34.0

What's up, man? Thank you for having me. You bet. Nice to meet you. And been a fan, man. I've been

0:38.6

watching love your stuff. You're a killer on the phones. I love watching you and Pace. I learn

0:43.0

something every time. I've been doing this for, gosh, I guess 17, 18 years now myself. And I think

0:51.0

about, gosh, if I just said what he said at that one time, that could have been an extra deal.

0:55.6

If I just said, what he said or did what he did.

0:57.9

And so you're just always learning.

0:59.8

But I think also that is just kind of a testament.

1:02.2

You can do a whole lot of damage in this business.

1:04.0

He just pick up the phone.

1:05.8

Absolutely, man.

1:06.8

And we're two old heads on here.

1:09.3

You're 17, 18 years.

1:10.6

I just passed my decade mark. Oh,

1:12.9

nice. 10 years in the industry, man. It's been one of the best things I've ever done. And yeah,

1:18.0

picking up the phones, talking to sellers. That's what we do, man. You got to be passionate about it.

1:22.8

Yep, yeah. So 10 years, what were you doing just before this and how'd you end up here?

1:26.6

So I was actually a contractor. We had our own remodeling company and I kept getting hired by investors.

...

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