WIP 1018: $220k+ in Half a Year -- How This Newbie Did It
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 17 August 2022
⏱️ 26 minutes
🧾️ Download transcript
Summary
A football player and a lady in a wheel chair putting up signs at 4am. That's exactly how our guest today, David Niehaus, got his start. From putting up bandit signs, to losing $30k, to closing over $300k in his first year and a half, David breaks down his crazy start in wholesaling. He'll break down exactly how he found and sold his most lucrative deals and provide insight you can start using today.
If you are ready to take massive action -- just like David-- apply to Brent’s TTP training program today to receive the same systems and strategies for finding and closing deals and put yourself, and your family, on the road to financial freedom today.
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Show notes:
- (1:15) - Beginning of today’s episode.
- (3:40) - David’s background and how he got into real estate.
- (6:15) - How David left $20k on the table.
- (10:05) - How David went from struggling to closing deals.
- (14:00) - $300k+ in a year -- how David's doing it.
- (22:40) - $1m a year -- David's vision.
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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 | So I ended up walking away. It was about a little over $47,000 from that deal. |
| 0:04.9 | So real quick, from the first time that you talked to him to the time that you got paid $47,000 |
| 0:11.3 | net, how long of a timeline was that? A little bit over a month, yeah. |
| 0:14.7 | And you made 47? Yes. In six weeks. In six weeks. Not 10 months. |
| 0:19.3 | Not 10 months. Not having to bring in your three brothers and your dad. |
| 0:23.1 | Yeah, exactly. Not having to swing a hammer. |
| 0:26.0 | Right. Not having to paint it next year. Like I am telling you, the magic is in finding the |
| 0:31.6 | deals. And remember, the buyer determines value. This whole fantasy that everybody has that |
| 0:37.7 | their house is worth what it's worth. It was worth $42,000 to you. It's worth something more |
| 0:42.4 | to a hedge fund. A hedge fund will always pay more for it. |
| 0:45.5 | This is Game Changing Information. Guaranteed to raise your real estate wholesaling business |
| 0:50.6 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling. |
| 0:55.6 | And start making money today. Join us as we put our guests in the hot seat and dive deep |
| 1:01.4 | to dissect their strategies for success to enable you to duplicate their results. |
| 1:06.1 | You're listening to wholesaling Inc. The only show dedicated to making you a fortune in wholesaling. |
| 1:15.2 | Welcome back to the wholesaling Inc podcast America's number one podcast for new real estate |
| 1:21.4 | investors. I am your host, Brent Daniels, Mr. TTP, Mr. Talk to people. And I have an incredible |
| 1:28.4 | guest on the podcast for the very first time. He's out of Cincinnati, Ohio. And the interesting |
| 1:34.6 | thing about Cincinnati is typically the deals in Cincinnati or kind of between that, you know, |
| 1:40.4 | eight and 10 or 12,000. But my guest today is doing bigger deals. And he's going to show us exactly |
| 1:46.8 | how he's doing that in his market there in Cincinnati. He's wholesaling. He's flipping. It is my |
| 1:51.9 | pleasure to introduce to the wholesaling Inc podcast David, me house. David, how are you, brother? |
... |
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