WIP 1165: Using Real Estate Wholesaling to Escape a Job that You Hate
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 10 March 2023
⏱️ 31 minutes
🧾️ Download transcript
Summary
Today's episode features Erik, a former full-time W2 employee who worked for almost two decades. After being tasked with laying off his team members, Erik made a bold decision to lay himself off and leave the corporate world behind forever. In just eight months, Erik transitioned from closing a multifamily deal to owning the second oldest winery in the US, and venturing into the thrilling world of real estate.
Be sure to tune in and listen to his inspiring story!
If you want to explore your options (just like Erik) you might want to check out Brent’s Land Sharks Program.
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Show notes:
- (0:59) Beginning of today's episode
- (3:15) Erik's "rat race" cliche before real estate
- (8:05) What pulled him to jump into real estate wholesaling?
- (10:59) Surround yourself with people who have the same goals as you
- (18:14) How could he jump from owning his first multifamily to owning the second-oldest winery in the United States?
- (21:18) Networking is also a feasible strategy in real estate
- (21:47) Money and time are two valuable assets that you can leverage
- (23:34) Figure out ways to scale your business if money and time are both not in your favor
- (27:30) You can create platforms where people can find you and recognize the value that you do
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Resources:
- Rich Dad Poor Dad by Robert Kiyosaki
- Who Not How by Dan Sullivan
- Raising Private Capital by Matt Faircloth
- Bigger Pockets
- Yellow Letters
- Entrepreneurs Circle Podcast
- Check out Erik’s Website here
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here 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 ink episode number 1165. |
| 0:04.4 | You have two things of high value. When you walk in the room, you either have money, |
| 0:09.0 | and some of them don't, or you have time. So those are two valuable assets that can be leveraged |
| 0:14.5 | when put together. So if you don't have the money, you have to find the right people that do, |
| 0:20.9 | potentially have the money in the capital or the know-how, right? And then you start to give them your |
| 0:26.1 | time and devote whatever it's necessary within your superpowers, identify what you're great at. |
| 0:32.1 | You know, I was great at, you know, marketing and branding and helping people get their word |
| 0:36.7 | and their voice out there. So that's what I gave to people. Then what is it that you're good at? |
| 0:40.8 | Are you good at analyzing deals? Are you good at talking with people and doing the sit-downs? |
| 0:46.3 | Like, find what their pain points are and solve those problems for them. |
| 0:51.3 | This is Game Changing Information, guaranteed to raise your real estate wholesaling business |
| 0:56.4 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 1:01.4 | and start making money today. Join us as we put our guests in the hot seat and dive deep |
| 1:07.2 | to dissect their strategies for success to enable you to duplicate their results. |
| 1:12.0 | You're listening to whole-selling ink. The only show dedicated to making you a fortune in wholesaling. |
| 1:18.1 | Hello, Rhino Nation. Welcome to the whole-selling ink podcast. I'm your host today, Brent Bowers, |
| 1:25.1 | the Landman. Today I have a kind of a very unique guest. His name is Eric. And Eric actually was |
| 1:31.6 | working a full-time W2 job for about 20 years that he absolutely hated. And he's going to talk |
| 1:38.3 | about some of the things that he was doing to kind of, you know, give himself vices to get |
| 1:42.8 | away from that pain he was having each day, working his job. But he was tasked with laying off |
| 1:48.5 | 20 of his team members. And in three months after that, he was to lay himself off. Basically, |
| 1:54.2 | he was being fired from his job. And in eight months time, eight months after losing his job, |
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