WIP 1084: The Exact Steps This Real Estate Agent Took to Generate Over $400k in 18 Months

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

🗓️ 17 November 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this incredible episode, you will discover how one real estate agent was able to go from making 1% to 3% commissions, to generating over $400,000 in just 18 months of wholesaling real estate.

Brent speaks with James Michener, the real estate agent who cracked the real estate code and took massive (sometimes imperfect) action to achieve explosive profits in his real estate business. James started small but with the new strategies that he learned (and more importantly, implemented), he now owns 21 doors and has made almost half a million dollars in less than two years! Discover how he did all of this on today's episode.

If you're ready to get started in building your own real estate wholesaling business or even want to make just a few extra thousand per month in additional income, check out Brent’s TTP Training Program where he gives you the exact steps you need to take to become a successful real estate wholesaler.

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Show notes:

(0:47) Beginning of today's episode
(2:15) Don't try to change an unmotivated seller into a motivated one. It doesn't work that way
(8:12) Our goal as real estate entrepreneurs is to achieve passive cash flow
(9:30) What does his lifestyle look like right now?
(13:45) There are two ways to become efficient in wholesaling. It's either you talk to more people or have high(er) quality conversations
(20:33) It's all about being authentic, which is the trick to winning more deals
(21:01) What's the secret sauce for not being "slimy"?
(23:06) Be specific, be likable, and be a real human being and communicate naturally with people
(28:25) How James likes to help real estate agents develop their business from zero to a hundred deals

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Resources:

Follow James’ social media here and subscribe to his Youtube channel here
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 your no-obligation discovery call here
If you’re looking for the exact cold calling script Brent uses in his business check out TTP Insider

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	You're listening to Whole Sailing Inc. episode number 1084.
0:04.3	Hey, how do I become successful? It's like get a daily schedule in place and talk to as many
0:08.8	people as you can. TTP. You know, and yeah, and I say 10 to 15 contacts, new contacts today
0:14.8	keeps the bill collector away, you know. This is game-changing information, guaranteed to raise your
0:20.9	real estate wholesaling business with actionable steps you can take immediately to navigate the
0:26.0	ins and outs of wholesaling and start making money today. Join us as we put our guests in the hot
0:32.1	seat and dive deep to dissect their strategies for success to enable you to duplicate their results.
0:38.0	You're listening to Whole Sailing Inc. The only show dedicated to making you a fortune in wholesaling.
0:46.2	Welcome to the Whole Sailing Inc. podcast. I am your host, Brent Daniels, Mr. TTP, Mr. Talk
0:51.6	to people on this podcast episode. I have James Mitchner from Prescott, Arizona. He has been a
0:59.2	licensed real estate agent for nine years. He has done unbelievable work as a traditional real estate
1:07.6	agent. But 18 months ago, he got caught with the whole sailing bug and has made over 400,
1:16.5	thousand dollars in the last 18 months just from the whole sailing side of his business. He still
1:23.4	has a real estate company, a traditional real estate company, and he has a whole sailing business.
1:28.5	And he's going to talk to us about how he balances both of those and what he really looks for
1:34.6	in his real estate businesses and being a real estate entrepreneur. So James, welcome.
1:39.4	Hey, thank you, Brent. I appreciate it. This has been awesome. I've been looking forward to it.
1:43.5	This is exciting. So $400,000 in wholesale deals, right? When you look at a deal and you're
1:51.2	talking to a property owner and you're deciding, okay, do I list this property as a professional
1:57.3	realtor as a real estate agent or do I go to them as a cash buyer? How do you make that determination?
2:04.0	Yeah. So it's all in the conversation, right? Asking the right questions and just kind of
2:08.3	feeling out what their pain points are, right? So the big thing for me is I'm not trying to change
	...

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