WIP 1288: One Deal, $86K in Profits - How He Did It
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 30 August 2023
⏱️ 37 minutes
🧾️ Download transcript
Summary
If you're aiming to build a rock-solid real estate business, it all comes down to having meaningful conversations and making solid offers. The key is to focus "only" on income-generating activities, rather than wasting time on things like website, logos, and business cards. Ya know, things that don't generate revenue. And guess what? Today's story is living proof.
Meet Sam Carmichael, a regular salesperson who ventured into real estate wholesaling in Massachusetts. His positive attitude turned him into a real force to be reckoned with, sealing an unbelievable $86,000 profit from just one deal! Want to learn more? Check out the TTP training program to consistently generate wholesale deals, and build a thriving real estate wholesaling business with Brent Daniels' help.
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Show notes:
- (1:10) Beginning of today's episode.
- (6:32) What introduced him to real estate investing?
- (8:57) Why do some people naturally gravitate toward self-development while most people don't?
- (10:06) You need to follow proven tactical instructions.
- (13:43) Build a habit of having conversations and making offers.
- (21:15) The most powerful part about reaching out to property owners is typically the lower competition.
- (22:53) Breaking down a deal.
- (31:35) Build the skills that will enable you to establish a long-lasting business.
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Resources:
- BiggerPockets
- Rich Dad Poor Dad by Robert Kiyosaki
- Mojo Dialer
- Podio
- DealMachine
- Propstream
- Follow Sam’s Instagram 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 to whole-selling ink episode number 1288. |
| 0:04.1 | They all have this need to get better in this growth mindset and you just need to attach yourself |
| 0:09.1 | to people within the group who are doing what you want to do at a level higher than you. |
| 0:13.4 | And then what I've taken from the pocket, I say this to the team. |
| 0:16.2 | I'm going to send this to the team. They're going to listen to this and they're like, |
| 0:18.4 | oh, they're talking from this. |
| 0:19.9 | Like you need to follow proven tactical instruction. |
| 0:23.0 | So like as a manager, one of the things that I've stopped doing is I've stopped just telling people |
| 0:27.7 | sales theory. And instead, I'm giving them tactical instruction every single piece on how to go |
| 0:33.4 | and do it. And when they can prove it to themselves, then they'll go out and do it. |
| 0:37.6 | This is game-changing information, guaranteed to raise your real estate wholesaling business |
| 0:42.7 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:47.7 | and start making money today. |
| 0:50.4 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for |
| 0:55.2 | success to enable you to duplicate their results. You're listening to a wholesaling ink. |
| 1:00.5 | The only show dedicated to making you a fortune in wholesaling. |
| 1:06.8 | Every day, we have a choice of how we're going to act, right? Whether it be positive or negative. |
| 1:12.6 | If we're going to produce or not produce, and the big choice we make each day is what type of |
| 1:19.9 | mental state are we going to operate in positive or negative. And I am so excited for this podcast |
| 1:27.3 | to conversation, guys, because you were going to get your dose of positivity from this incredible |
| 1:33.4 | wholesaler. He lives in Massachusetts, but he does business in Rhode Island. He's absolutely |
| 1:39.5 | incredible. And his name is Samuel Carmichael. Sam, how are you, brother? |
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