WIP 1083: Are You a Real Estate Agent or an Investor - 17 Steps to a Your First Wholesale Deal

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

🗓️ 16 November 2022

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

So you've decided to get into wholesaling but...will having a real estate license open you up to more opportunities or less?

The truth is, there are many pro's and con's to being a licensed agent. But as a non-wholesaling agent, you are typically pounding the pavement and fighting for 1% to 3% commissions. Most agents aren't even familiar with the concept of wholesaling houses.

Whether you are an agent or not, this episode is going to be pure gold. In this recent presentation directed at agents, Brent shares 17 steps to doing your first real estate wholesaling deal...whether you're an agent or a total newbie to real estate investing. Get a pen and pad, a BIG cup of coffee, and prepare to immerse yourself in what could be one of the most important Podcast episodes you listen to in 2022!

So buckle up, because this episode will be a long and exciting one! Make sure to head over Brent’s TTP Training Program where he gives you more exciting tips in wholesaling.

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Show notes:

(0:58) Beginning of today's episode
(2:05) Brent shares the story of how wholesaling changed his life
(8:01) Build a business that is a servant to you rather than you being a servant to it
(11:05) Be on the investor's side because that's where the cash flow is
(14:53) 6% to 10% of the market is in distress at all times. It's where you make your fortune
(19:11) "Speed, and convenience over price."
(22:19) You got to find the listed targets
(22:31) How to make contact with your target property owners
(23:21) Start pre-qualifying your leads
(23:57) Find motivated sellers now
(24:46) You have to understand what the after-repair value is
(28:35) Go to appointments
(28:41) Get the contract and accept it
(28:57) Hold the escrow
(30:11) Get on the phone and start talking to more people
(30:50) Assigning the contract and a contract assignment means
(32:03) Checking the title the "right" way
(32:19) How to close the deal
(32:24) The simple way to get paid

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Resources:

Rich Dad Poor Dad by Robert Kiyosaki
Cashflow Quadrant by Robert Kiyosaki
Batchleads
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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 your no obligation discovery call here to learn more about working with Brent Daniels personally

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

Click on a timestamp to play from that location

0:00.0	You're listing the wholesaling ink episode number 1883.
0:04.4	Why do we want passive income because we want control?
0:07.8	We want control of the time that we have left in this world.
0:11.5	And we can absolutely get it from real estate.
0:14.0	We can absolutely get it from this business.
0:15.7	We can absolutely get it from wholesaling, building a wholesaling company.
0:19.4	100%, but it takes a shift in mindset.
0:23.0	This is game-changing information guaranteed to raise your real estate wholesaling business
0:28.3	with actionable steps you can take immediately
0:30.8	to navigate the ins and outs of wholesaling and start making money today.
0:35.9	Join us as we put our guests in the hot seat and dive deep to dissect their strategies for
0:40.7	success to enable you to duplicate their results.
0:43.7	You're listening to wholesaling ink.
0:46.0	The only show dedicated to making you a fortune in wholesaling.
0:50.2	Darren Bentley here and welcome to today's episode, which is a very special episode.
0:58.0	Brent Daniels did a recent training where he covered in depth the 17 steps
1:04.2	of doing a wholesal deal, wholesaling a house.
1:07.8	And he did this training more specifically for realtors.
1:11.7	As you know, Brent has been an agent for many, many years.
1:14.8	And these are real estate agents who are out there typically running themselves
1:19.3	ragged for two to three percent commissions if they're lucky to even get that.
1:24.1	Many times it's much, much less than that.
	...

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