WIP 1041: Adapt or Die - The Recession Proof Method to Make an Extra $400k in Your Business This Year

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

News, Wholesaling, Education, Houses, Make Money, Business News, Real Estate Agent, Business, Real Estate, How To, Cash Buyers, Entrepreneurship, Wholesale Houses, Entrepreneur

4.9 • 1.4K Ratings

🗓️ 19 September 2022

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Things are changing. The market’s unpredictable, and cash buyers are becoming increasingly picky, usually offering thousands of dollars less on your asking prices.

The time to change is now. Adapting to current market changes puts you in a stronger position to come out of the downturn unscathed...but how do we leverage a changing market to explode our profits? Because you can absolutely make a fortune in this market if you are smart and use leverage to maximize opportunities not available to most traditional wholesalers.

Adjusting to these situations not only makes you bulletproof, but also puts you in the best position to generate explosive returns on every deal. If you’re looking for ways to maximize your profits, then today’s your lucky day! Todd Todback is here to teach you the exact methods and tactics for earning an extra $400,000.00 in your wholesale transactions this year.

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Show notes:

(1:01) Beginning of today’s episode
(1:25) When you adapt to market changes, you’re going to win
(3:56) Things are changing, and cash buyers are still buying, but their appetite isn’t the same
(4:20) You need to get the maximum return for the minimum investment
(5:25) Working with traditional banks has prevented us from wholesaling properties
(6:59) The real estate market is softening and buyers' appetite is getting lower
(10:09) The benefits of putting our buyer and seller together for a new contract
(14:28) Eliminating mental baggage
(15:15) The time is now, grab it

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Resources:

Want to learn more? Check out our TTP training program.
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Transcript

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0:00.0	thing I want to incorporate is that things are changing, right? And cash buyers are still buying,
0:05.1	but their appetite isn't the same. So what do you need to do? You need to adapt, okay? And you
0:10.5	need to learn how to sell to retail buyers direct without taking on risk, without taking on too much
0:17.6	burden, right? Without spending a ton of money on marketing without a return, right? You need to
0:23.2	be able to get maximum return for the minimum investment. And that's the strategy that I am going
0:29.2	to teach you today. This is Game Changing Information, guaranteed to raise your real estate
0:35.4	wholesaling business with actionable steps you can take immediately to navigate the ends and
0:40.3	outs of wholesaling and start making money today. Join us as we put our guests in the hot seat
0:46.3	and dive deep to dissect their strategies for success to enable you to duplicate their results.
0:51.9	You're listening to wholesaling Inc. The only show dedicated to making you a fortune in wholesaling.
1:00.1	This is Todd Tobak and welcome to the wholesaling Inc podcast. So I am so pumped for today's show
1:06.8	because I haven't talked much about this. And right now, we haven't had something groundbreaking
1:13.5	in our industry in a very, very long time. And we're talking a lot more about this because I'm
1:18.8	seeing some changes in the market. And when you adapt, you are going to win. You're going to win.
1:26.2	Okay. What do I mean by things are changing in the market? Well, you're starting to see cash
1:30.0	buyers. Their appetite go down. And maybe it mean by appetite means that they are less of them.
1:35.4	They are paying less than they were before. They're backing out of deals. They're renegotiating.
1:39.9	Or they're not buying at all, right? Because if you buy a property and values are going to go down,
1:44.2	you're taking on a lot more risk. So if you're in the business of wholesaling properties to these
1:49.8	people, you better adapt or you're going to die. Now, let me tell you something right now.
1:55.7	The time is now. What do I mean by that? Okay. This is your time because what happens when
2:03.2	there's change is that a lot of people, they don't adapt. And they do things like they were doing
	...

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