WIP 1312: Live Coaching - Breaking Down the Mistake that Cost This Wholesaler $28,000

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

News, Wholesaling, Education, Houses, Make Money, Business News, Real Estate Agent, Business, Real Estate, How To, Cash Buyers, Entrepreneurship, Wholesale Houses, Entrepreneur

4.9 • 1.4K Ratings

🗓️ 3 October 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the world of real estate wholesaling, having confidence in your numbers is the key to success. When you excel at property valuations, market analysis, and crunching those digits, you can confidently navigate negotiations, assess profits, and make decisions with ease.

However, it's easy to underestimate the importance of confidence, and that can be a costly mistake. In this live coaching call, we'll analyze a deal that cost one wholesaler $28,000, identifying what went wrong and discussing the right approach.

Don't forget to explore Brent's TTP training program for more information.

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Show notes:

(1:05) Beginning of today's episode.
(1:54) Learn to have confidence in your numbers.
(3:48) In this business, you have to trust your gut and follow what you feel.
(6:45) Understanding partnerships.
(10:51) Start asking about what other offers they have with your sellers.

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Resources:

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

Click on a timestamp to play from that location

0:00.0	You're listening whole selling in episode number 1300 and 12
0:04.4	Listen, they're gonna try to take everything from me
0:07.2	But I need to make sure that we stay level that this is a partnership. I don't work for you. I don't work for them
0:13.4	Right, we work together to solve this problem. You want to sell their house? We want to buy that is a partnership
0:19.5	So when you have somebody who's trying to
0:22.6	Take everything it needs to be established that like listen I buy houses
0:27.2	There are a lot of houses to buy. This is a partnership. We are working together
0:31.6	This is game-changing information
0:34.0	Guaranteed to raise your real estate wholesaling business with actionable steps
0:38.2	You can take immediately to navigate the ins and outs of wholesaling and start making money today
0:44.5	Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success to enable you to duplicate their results
0:52.3	You're listening to whole selling ink the only show dedicated to making you a fortune in wholesaling
1:00.6	Redalpo here by your closing clear. Yeah, so yeah, no, that's Monday
1:07.0	I I closed my first deal and I'm closing another deal on the seven
1:14.6	What was the spread the first one so the first one was a 20,000
1:20.1	Simon, but I
1:22.1	JV with another wholesaler, so he took five and I took 15 and
1:27.7	the other one
1:29.7	It's kind of like I still make money, but my soul hurts because I took a chance and
1:36.8	I'm making 10,000 on that one
1:38.8	I JV it with another wholesaler. He's taking three and I'm taking seven, but we could have I could have made instead of seven
1:47.0	I could have made 35K
	...

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