WIP 1117: Wholesaling Quicktip - The Truth About No Money Down Real Estate Investing
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 3 January 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
Are you ready to jump into real estate but feeling held back by a lack of upfront capital? No money down investing may sound like a dream come true, but is it really a viable option? In this episode, we'll take a closer look at the pros and cons of this investing approach, so you can decide for yourself if it's the right fit for you.
Don't miss out on this opportunity to learn more about the ins and outs of no-money-down investing and make an informed decision about your financial future! To learn more about wholesaling, check out Brent's TTP training program.
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Show notes:
- (1:12) Buy properties with no money down
- (2:13) Keep investing in assets.
- (3:12) Buy at the right time, when the market is rough
- (4:10) You look closer to economic centers so you can get the longest-lasting returns on your efforts
- (5:12) Look for signs of distress
- (8:00) Build a business that runs without you
- (9:17) You can get infinite returns on the hard-earned efforts that you've done and create a business around that
- (11:09) You learn the skill of building a foundation in your real estate business, and everything else will come to play
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Resources:
- 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 learn about our mentorship programs and become part of the 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
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| 0:00.0 | You're listening whole-selling episode number 1117. |
| 0:04.8 | Focus on finding great deals and selling them to people that already have the money, right? |
| 0:11.6 | Find these properties. Put them under contract and magically as soon as you put a property owner |
| 0:19.2 | under contract on a purchase agreement. Guess what? You have an asset. You can sell that asset |
| 0:26.4 | and start building up your war chest to go out there and buy the best deals. |
| 0:31.4 | This is Game Changing Information. Guaranteed to raise your real estate wholesaling business |
| 0:36.5 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:41.5 | and start making money today. Join us as we put our guests in the hot seat and dive deep to |
| 0:47.4 | dissect their strategies for success to enable you to duplicate their results. |
| 0:52.0 | You're listening to Whole Sailing Inc. The only show dedicated to making you a fortune in whole |
| 0:57.6 | selling. The year is 1973. Robert Kiyosaki, the author of Rich Dad Poor Dad, is sitting in a |
| 1:05.8 | three-day seminar and it's titled Buy Property with No Money Down. After the 72 hours, |
| 1:12.5 | after the three-day seminar, they have to go out into the world and they have to find 100 |
| 1:17.2 | properties that they are going to do their due diligence on, speak to the agents, |
| 1:22.2 | speak to the homeowners and find the best opportunities to buy with no money down. |
| 1:28.5 | All right, one property filtered down out of the 100 properties that he looked at and that |
| 1:33.1 | property was an $18,000 condo in Maui, which is shocking. I mean, you're not buying that now, |
| 1:39.3 | but it was an unbelievable deal. It was in bankruptcy and he was able to pull $2,000 out of his |
| 1:45.1 | credit cards and get a bank loan for $16,000 to purchase that first condo. Well, we all know the |
| 1:51.2 | story after that. He ended up selling that property, buying property in Oregon, buying multi-family |
| 1:57.6 | in Oregon, buying multi-family in Phoenix and really the rest is history. His book came out, |
| 2:03.0 | his game came out and everything went absolutely bananas and he kept investing in assets. |
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