WIP 1014: From 0 to 120+ Deals in 2 Years – How This Wholesalers Structures His Business
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 11 August 2022
⏱️ 32 minutes
🧾️ Download transcript
Summary
In under 3 years Jerry Harris went from 0 deals to closing over 120 real estate deals. How did he do it? He joins Brent Daniels to break down his unique business structure: he only has 1 acquisition manager, his team is 100% virtual and he fix-and-flips homes in under 30 days. He’ll also give tips on how to be better at sales and a breakdown of a $77k-profit deal.
If you like what you heard in today’s episode, apply to Brent’s TTP training program today to receive the systems and strategies you need to close massive deals in wholesale.
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Show notes:
- (1:15) - Beginning of today’s episode.
- (1:52) - Jerry’s background and how he got into real estate.
- (4:04) - How you can get better at sales.
- (7:12) - The structure of Jerry’s business.
- (10:05) - How Jerry uses a small, 100% virtual team.
- (15:00) - How Jerry flips homes in 30 days.
- (17:50) - How much do flips and wholesales generate in Memphis?
- (20:01) - Why you should learn wholesaling before fix-and-flipping.
- (21:05) - Jerry breaks down a $77k deal.
- (27:30) - Jerry top advice for newbies and his future plans.
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Resources:
- Want to learn more? Check out our TTP training program.
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule here.
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Transcript
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| 0:00.0 | I always tell them the whole thing first. |
| 0:02.0 | They both come and walk away and they say, |
| 0:04.0 | well, that's not what I want to do. |
| 0:05.4 | But I'm telling you, fixing it, flipping can be a money pit. |
| 0:09.0 | It can be $10 bucks. |
| 0:10.8 | When you learn the whole thing, you learn to know what people buy, |
| 0:14.2 | where people buy, what people buy it, |
| 0:16.4 | and the numbers they bind them in. |
| 0:18.4 | The reason why I became so great at fixing it, |
| 0:21.6 | because I learned negotiating from wholesale. |
| 0:23.6 | I knew what areas they bought in. |
| 0:25.3 | I knew how much they wanted to spend. |
| 0:27.2 | I even knew because I could go to the restaurant |
| 0:30.0 | often to see how much money they brought them there, |
| 0:32.4 | a bar to get them. |
| 0:33.9 | And then I watched how much they sold them for. |
| 0:36.4 | So I will always tell people, |
| 0:38.2 | it leaves wholesale your first team |
| 0:40.6 | before you touch your first team. |
| 0:42.4 | I love it. |
| 0:43.2 | I love it. |
| 0:43.6 | Great advice. |
... |
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