WIP 1106: 5 Things All Broke Wholesalers Do…and How to Avoid Them
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 19 December 2022
⏱️ 18 minutes
🧾️ Download transcript
Summary
Most wholesalers started their businesses for one main reason...FREEDOM! Let's be honest. You probably entered the real estate world because you were sick of working towards someone else's dream at your 9–5 job. You think that real estate could be a great bridge to success, so you get all fired up and ready to win the game with all the adrenaline in your body!
The problem is that the initial excitement can sometimes fade. You need to establish good habits to support your business goals.
To help you stay focused and committed, here are 5 easy steps that you can take to improve your chances of thriving in the long run.
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Show notes:
- (1:13) Beginning of today's episode
- (1:28) How do broke wholesalers become wealthy real estate investors?
- (2:39) Choose only one niche to master
- (4:04) Inconsistency in marketing
- (5:59) Stop switching geographical markets!
- (7:39) Stop comparing yourself to other wholesalers
- (10:10) Do BIG deals
- (11:07) Invest in selling systems
- (12:05) What worked six months ago might not work now
- (12:41) Adapt by adding novations
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Resources:
- Check out No Limits Real Estate Investing
- 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 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 | You're listening to whole-selling ink episode number 116, but here's the key. |
| 0:05.7 | You can only choose one, okay? |
| 0:08.8 | You can only choose one niche to master if you're going to get any good. |
| 0:15.5 | This business is simple, but it requires a certain amount of work, an effort, and focus, |
| 0:22.1 | and small little pivots that you only see from taking massive, radical, imperfect action. |
| 0:30.0 | And you have to do that every single day, day in, and day out to get that momentum. |
| 0:37.4 | This is game-changing information, guaranteed to raise your real estate wholesaling business |
| 0:42.2 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:47.3 | and start making money today. |
| 0:50.2 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies |
| 0:54.5 | for success to enable you to duplicate their results. |
| 0:58.0 | You're listening to whole-sailing ink. |
| 1:00.2 | The only show dedicated to making you a fortune in whole-sailing. |
| 1:06.2 | This is Todd Tobak and welcome to the show. |
| 1:08.6 | So today we're going to chat about the habits of broke wholesalers and what to do about |
| 1:14.6 | it. |
| 1:15.6 | In this category and say, oh, man, I am behaving like a broke wholesaler. |
| 1:22.2 | Well, you have to know what broke wholesalers do to actually be a wealthy real estate investor. |
| 1:29.0 | So you can do the exact opposite. |
| 1:31.4 | So there are some tell-tale signs that if you are guilty, hey, guess what? |
| 1:35.8 | That is okay. |
| 1:36.8 | Now, I don't care if you haven't done your first real estate investing deal. |
... |
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