WIP 1168: From Losing Everything to $8million in Wealth (Bigger Pockets)
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 15 March 2023
⏱️ 52 minutes
🧾️ Download transcript
Summary
Brent Daniels went from a successful real estate broker with a big house and eighty employees to losing everything during the last housing crash. He had to let go of all his employees, lost his car and wife, and was left with several hundred thousand dollars of debt. However, Brent found a way to get back on track by wholesaling real estate. He built a successful business that generates over a million dollars annually with just four team members.
Despite his wins, he still remains humble and shares his script for getting hefty wholesale fees from motivated sellers. Brent's journey proves that a comeback from rock bottom is possible, and it can be the foundation for success. Let's listen to his Bigger Pockets interview and get a glimpse of his inner workings. If you found his story compelling and wish to achieve similar outcomes, be sure to check out his TTP Training Program for an opportunity to work with him personally.
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Show notes:
- (1:14) Beginning of today’s episode
- (4:46) Brent's inspiring rags-to-riches story
- (6:46) Looking back at the turning points that led Brent to his success in real estate.
- (18:06) Brent shares his strategies for building momentum in the wholesaling business.
- (20:13) Debunking door-knocking myths: Brent shares his insights on the effectiveness of door-knocking in real estate.
- (21:22) Laser-focus on distressed properties. The importance of targeting distressed properties in real estate.
- (23:05) The three key factors: Speed, convenience, and price
- (36:37) "Don't let the deal die" segment with Brent Daniels. Brent offers his expert advice on salvaging deals that are on the brink of falling apart.
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Resources:
- Zillow
- Think and Grow Rich by Napoleon Hill
- How to Stop Worrying and Start Living by Dale Carnegie
- Rich Dad Poor Dad by Robert Kiyosaki
- Bigger Pockets
- Bigger Pockets Podcast
- 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 the wholesaling in episode number 1168. |
| 0:04.4 | So I think a lot of people just hold on to leads too much because they're like, |
| 0:08.1 | oh, it's a lead. I love this lead. It's going to coddle it and I'm going to keep it here and I'm |
| 0:12.8 | not going to push them too hard and I'm going to be really nice and I'm going to bring them, |
| 0:16.7 | you know, sweets and I'm going to stop by and I'm going to be, you know, I'm not going to pre-qualify |
| 0:21.2 | them too much. I'm just when they're ready, they'll tell me their price and we'll make a deal. |
| 0:25.6 | And that never happens. You need to have a conversation of what is the condition timeline |
| 0:31.6 | motivation price and if you understand and the timeline is the most important thing in that |
| 0:37.2 | because if they've made the decision that they're going to sell that property, that's who you |
| 0:41.5 | really get in front of. This is game-changing information guaranteed to raise your real estate |
| 0:47.1 | wholesaling business with actionable steps you can take immediately to navigate the ends and |
| 0:52.0 | out of wholesaling and start making money today. Join us as we put our guests in the hot seat and |
| 0:58.2 | dive deep to dissect their strategies for success to enable you to duplicate their results. |
| 1:03.6 | You're listening to a wholesaling ink. The only show dedicated to making you a fortune in wholesaling. |
| 1:11.8 | What's going on everyone? This is David Green, your host of the Bigger Pocket Trills State |
| 1:15.2 | Podcast, the best, the biggest and the baddest real estate investing podcasts in the world. |
| 1:19.8 | Here today with my co-host Henry Washington, where we bring you another amazing interview |
| 1:24.8 | today with Brent Daniels. Brent runs a wholesaling business that is very successful, |
| 1:30.4 | talks to a lot of people and frequently puts deals together that other people would let die. |
| 1:35.2 | And in today's show, we hear about his rags to Rich's story and a lot of other information. |
| 1:41.2 | Henry, first off, good morning and second, what were some of your favorite parts of today's interview? |
| 1:45.2 | Hey, man. Good morning. Happy to be here. Oh, man, what an incredible story. I think we all |
... |
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