WIP 1053: How This Wholesaler Just Did a $35,000 Deal by Driving for Dollars
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 5 October 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
Driving for Dollars is possibly the most dependable, repeatable, and inexpensive method of finding deals. Quite simply, you drive through neighborhoods looking for homes in need of repair, and you pick up the phone and call them! It's honestly one of the fastest and easiest ways for new real estate investors to get started but don't get confused in thinking this is only a "new investor" strategy. Many successful real estate wholesalers use Driving for Dollars as their primary marketing channels because it's easy to scale and will always give you deals that no other investors have access to.
Our guest today is the best example of taking action using the Driving for Dollars strategy. Meet Josh Donesky, the savvy investor who started wholesaling at eighteen and is now crushing it in his market! Today we’ll break down one of his Driving for Dollars deals that netted him around $35,000! Josh breaks down exactly how he did this deal, step by step.
If you want to dive deeper into implementing these strategies into your own business, head over to Brent’s TTP Training Program and get an exclusive opportunity to work with him personally.
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Show notes:
- (0:01) Beginning of today’s episode
- (3:30) The story of how he closed his first wholesale deal at eighteen
- (7:15) How did he split his time to balance between real estate and boarding school?
- (13:48) In real estate, if you want to feel bulletproof, unstoppable, or a real rhinoceros, you need to have the ability to close deals
- (20:23) Have pride that you’re out there finding the deals and helping people out of bad situations
- (23:18) A $35,000 driving for dollars deal breakdown
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Resources:
- Rich Dad Poor Dad by Robert Kiyosaki
- 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 a call with our team 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 | it is wild how distracting a flip can be. And listen, if you're a contractor, if you're a designer, |
| 0:06.4 | if you just want to make the world a better place and clean up neighborhoods and swing a hammer |
| 0:11.5 | and do all that, I completely understand. If you're in this thing to make a ridiculous amount |
| 0:16.8 | of income to then go buy fixed up properties that are ready to go and be rented, just wholesale. |
| 0:23.5 | Just wholesale. Have pride that you are out there finding the deals. You don't need to swing a |
| 0:28.9 | hammer to feel like a real estate investor. This is game-changing information guaranteed to raise |
| 0:35.3 | your real estate wholesaling business with actionable steps you can take immediately to navigate |
| 0:40.4 | the ins and outs of wholesaling and start making money today. Join us as we put our guests in the |
| 0:46.4 | hot seat and dive deep to dissect their strategies for success to enable you to duplicate their |
| 0:51.7 | results. You're listening to wholesaling ink. The only show dedicated to making you a fortune in |
| 0:57.8 | wholesaling. Welcome to the wholesaling ink podcast. I'm your host Brent Daniels, Mr. TTP, |
| 1:05.7 | Mr. Talk to people. And I have a guest on here from Chattanooga, Tennessee. He's been doing this |
| 1:12.8 | business five years. He said some ups. He said some downs and he is going to break it all down |
| 1:19.0 | on how you can go out there and get your first deal and build a real business. This is exciting. |
| 1:25.8 | Josh Denesky, how are you, brother? Oh, I'm doing good. Thanks, Brent. I'm really excited to |
| 1:30.8 | be here. Thanks for having me. I'm excited to have you on here. So you started this fresh. You |
| 1:35.3 | were pretty young when you got in to your real estate adventure, right? Yeah, I was fresh out of high |
| 1:41.9 | school. The whole rest of my family except one other brother. I'm one of six total kids. Everyone |
| 1:46.7 | else is medical. And so out of the blue, my brother sent me this link. He said, hey, real estate |
| 1:52.2 | looks like it'd be something that would interest you. And I was, he was right. And I was just |
| 1:55.7 | starting in college for business degree. And over the summer and between high school and college, |
| 2:00.0 | I took look at the article. It was a rich dad poor dad, Robert Kibisaki program that he, you know, |
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