Wholesaling Changed His Entire Life -- Deal Breakdown | Flipping Mastery Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 2 April 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
In today's episode of Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry Norton is joined by student James Branch. James was going through a difficult patch in his life -- he lost one of his best friends and ran into some legal trouble -- but finding wholesaling changed his life.
Show notes -- in this episode we'll cover:
- James' incredible journey from a troubled path to finding faith and succeeding in business.
- How James sourced his first deal and how he found a buyer.
- Exactly how James netted $30K on one deal alone.
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☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️
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. |
| 0:07.7 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:15.4 | James, I'm excited to talk with you. |
| 0:17.2 | You've got a deal here that we're going to go over here in a minute that you did a $30,000 assignment, your biggest assignment fee so far, right? That's correct, yeah, man. Maybe start |
| 0:27.4 | there. Tell us what market you're in and tell us how you got your start and wholesaling. |
| 0:31.8 | Yeah, so I'm in the Chicago or the Illinois market. I actually don't do that many deals in Chicago. |
| 0:36.9 | I prefer the suburbs. There's less competition. But yeah, I got my start. I actually don't do that many deals in Chicago. I prefer the suburbs. |
| 0:37.8 | There's less competition. |
| 0:39.8 | But yeah, I got my start. |
| 0:41.3 | I just, I was unemployed for a few years. |
| 0:44.5 | I was kind of just partying and not really taking anything seriously. |
| 0:48.9 | And then, you know, I got arrested and got a felony. |
| 0:52.9 | And then a few weeks later, my best friend, |
| 0:54.5 | I actually died in a car accident. And I realized I needed to change my life. And then coincidentally, |
| 1:01.2 | my friend Matthew came to me and he's like, hey, man, you ever heard her wholesale in real estate? |
| 1:05.5 | You can get houses with no money and sell them without owning them. And it seemed ridiculous. So he |
| 1:09.7 | told me to go look up somebody named Max Maxwell. So I looked him up and I didn't, it didn't, it just seemed scammy to me. |
| 1:16.4 | And then I saw Jerry's face down there in a related thumbnail and I clicked on it. And I think I |
| 1:22.2 | watched like 16 hours straight of your videos. Like that first night, I stayed up until like four |
| 1:27.2 | in the morning watching your videos. So first night I stayed up until like four in the morning |
| 1:27.6 | watching your videos so from when you started watching and learning to when you said okay |
... |
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