WIP 1678: The Brutal Truth About Why Most Investors Fail (And How We Closed 540 Deals in 2024)

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

🗓️ 26 February 2025

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Why do most real estate investors fail? Lack of strategy, poor execution, and not understanding the game. In this episode, Scott Pennebaker pulls back the curtain on how he closed 540 deals in 2024, revealing the tactics, mindset, and resources that set successful investors apart. Scott shares how he leveraged direct mail marketing, built relationships with hedge fund buyers, and structured creative loan products to scale his business. If you're serious about scaling your real estate bu...

Transcript

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0:00.0	You're listening to Wholesling Inc. episode number 1678.
0:04.7	And I was like, so now I have money to be able to, if I get a good deal, 100%.
0:09.9	I said, well, up to how much? He's like, I don't know, I got like $20, $30 million.
0:13.9	I was like, what? He goes, now you have $20 and $30 million. And I was like, oh my my gosh this is how it works the whole industry set up for us
0:21.8	i mean the whole industry set up to make money you and other people's money and we all lend to
0:26.9	each other this is game-changing information guaranteed to raise your real estate wholesaling business
0:33.8	with actionable steps you can take immediately to navigate the ins and outs of
0:38.1	wholesaling and start making money today.
0:41.3	Join us as we put our guests in the hot seat and dive deep to dissect their strategies for
0:46.3	success to enable you to duplicate their results.
0:49.5	You're listening to Wholesaling Inc.
0:51.4	The only show dedicated to making you a fortune in wholesaling.
0:57.9	Stop lying to sellers.
1:02.0	Welcome back to the Wholesaling Inc.
1:03.8	Podcast.
1:04.4	I'm your host, Brent Daniels.
1:06.0	We've got Scott Pennebaker here, and he did over 540 deals, and he's going to show you how to do them
1:13.9	right. From Lexington, Kentucky, Scott Pennebaker, how are you? Good, Brent. Thanks for having me on,
1:21.4	man. Good to see you. You did over 540 deals in 2024. How did you find that many opportunities? How do you find that many
1:32.4	deals? Are you in different markets? Like, break that down for me. Yeah, I'm in Lexington,
1:36.5	Kentucky. Our headquarters is in Nashville. It's, you know, pretty large operation. Honestly,
1:42.1	we started out boots on the ground. My background is in knocking on doors,
	...

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