WIP 1088: Presentation at Bigger Pockets Event - If Not Now, When - Overcoming Analysis Paralysis to Achieve True Success in Wholesaling
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 23 November 2022
⏱️ 25 minutes
🧾️ Download transcript
Summary
As a wholesaler, do you ever find yourself not doing the things you know you should be doing?
If so, maybe you're caught in analysis paralysis, one of the biggest obstacles preventing wholesalers and real estate investors from having success and/or making higher paychecks.
Today, we'll challenge your emotional intelligence and critical thinking as Brent gives you the framework to break free from mediocrity and finally achieve massive success in your business and in your life. Now’s the time to pull yourself from those limiting beliefs, be sure to visit Brent’s TTP Training Program for an opportunity to work with Brent Daniels personally.
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Show notes:
- (0:50) Beginning of today's episode
- (2:15) Theory doesn't get you paid; making deals does. It’s all about massive imperfect action!
- (5:22) Emotions are the most expensive aspect of this business
- (5:28) There are three parts to your real estate business: lead generation, conversion, and exit strategy
- (7:18) Build up your squad of real estate agents
- (11:45) Understanding their goals is essential for conversion. So you have to prequalify every property owner based on four things
- (14:14) You won't lose deals because of excessive follow-up. You'll only lose sales if you don't follow up
- (16:04) It's not all about price. It's about speed and convenience
- (17:14) Brent explains the three exit strategies as a real estate wholesaler
- (20:46) Practice making an excellent first impression with your voice
- (21:22) Remove all of your distractions before making that call
- (23:05) In this business, you have to exercise active listening
- (24:00) Why wholesaling is the bank that funds your other deals
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Resources:
- Zillow
- Want to learn more? Check out the Land Sharks program.
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or click here to schedule your free discovery call to become part of the Rhino Tribe.
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 listening to wholesaling in episode number 1888 because people think that it is education |
| 0:08.4 | plus action equals results. It's not. It's the action plus the result is your education every |
| 0:13.8 | single time because theory doesn't get you paid. Deals get you paid. Action gets you paid. |
| 0:18.8 | This is game-changing information guaranteed to raise your real estate wholesaling business |
| 0:23.8 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:28.9 | and start making money today. Join us as we put our guests in the hot seat and dive deep to dissect |
| 0:35.3 | their strategies for success to enable you to duplicate their results. You're listening to |
| 0:40.4 | wholesaling ink. The only show dedicated to making you a fortune in wholesaling. |
| 0:48.0 | Wholesaling is sourcing discounted properties. It's the art of finding discounted properties. |
| 0:52.4 | That's all it is, right? And it's just really important to understand that if you want to get |
| 0:57.5 | the absolute best deals you find them yourself. You go out there and you find them yourself, |
| 1:00.8 | especially if you start with a low budget, right? If you don't have a lot to throw at marketing, |
| 1:05.6 | if you don't have a lot of relationships in this business, if you're just starting this business |
| 1:09.2 | cold, it's very simple. Like six to 10% of the real estate market is in distress at all times. |
| 1:15.1 | There's 143 million residential properties. We're talking 8 million to 14 million opportunities |
| 1:23.6 | at all times. At all times. There's 96 people in here. I counted. Could you imagine how many deals |
| 1:31.7 | that you could do? And there's 14 million opportunities out there of ugly distress properties. |
| 1:38.7 | The only thing stopping you is a phone call. The only thing stopping you is having a quality |
| 1:44.4 | conversation with a distress property owner. That's it. So that's what I want to talk about. I want |
| 1:49.8 | to talk about being very proactive in our business. I want to talk about building our own schedule |
| 1:54.8 | so that we can go after and we can hunt for these opportunities every single day. It doesn't matter |
| 1:59.6 | if you're part time, you're full time. It doesn't matter. You can go out there and find them, right? |
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