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Wholesaling Inc with Brent Daniels

WIP 1611: Knowing When to Walk Away from the Deal

Wholesaling Inc with Brent Daniels

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

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

4.91.4K Ratings

🗓️ 25 November 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

In this episode, Todd Toback shares the game-changing power of walking away from a deal. Discover why deal size matters, how focusing on bigger, juicier opportunities can maximize your profits, and why sometimes the smartest move is stepping back. Todd explains how this bold strategy can triple your profit margins and give you the upper hand in any negotiation. This is a must-listen for anyone ready to level up their deal-making game! --------- Show notes: (1:00) Beginning of today’s e...

Transcript

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0:00.0

You're listening to Wholesselling Inc. episode number 1611.

0:04.1

Deal size is everything. Deal size is everything. Deal size is everything. I want you to

0:08.6

repeat that mantra because the guy or gal who does $20,000 wholesale deals and the competitor

0:17.0

who does $50,000 deals in the same market, same marketing budget is going to smoke.

0:23.5

The guy who, guy who's doing the bigger deals is going to smoke the person doing $20,000

0:28.4

deals.

0:29.3

This is game-changing information guaranteed to raise your real estate wholesaling business

0:34.7

with actionable steps you can take immediately to navigate

0:38.0

the ins and outs of wholesaling and start making money today.

0:42.7

Join us as we put our guests in the hot seat and dive deep to dissect their strategies for

0:47.1

success to enable you to duplicate their results.

0:50.5

You're listening to Wholesaling Inc.

0:52.7

The only show dedicated to making you a fortune in wholesaling.

0:58.3

So today I'm going to talk about the power of walking away from a deal.

1:03.3

You're going to love today's episode because it's going to put a lot of money in your pocket

1:07.5

and also make this business a lot more fun.

1:10.0

So one of my favorite deals ever, I want to share a story.

1:13.4

And I've told this scenario many, many, many times was a deal that we bought for a very,

1:21.7

very low price.

1:22.7

And we sold it for about an $80,000 profit. And I'll tell you the story. This deal was in Victorville,

1:31.6

California, and it was a gnarly probate deal. They were family members who were living with squatters,

1:39.0

one of the family members were squatters living in the property with no electricity, no water. And

...

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