WIP 1686: Deal Review - How a Simple JV Turned into a $50k Payday

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

🗓️ 10 March 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Todd Toback reveals how a simple joint venture turned into a $50K payday and how you can use the same strategy. Learn the power of influencer marketing, how to find local market influencers, and why referrals give you a competitive edge. Plus, discover key insights on building rapport with sellers and the importance of consistency in real estate success. Tune in now! --------- Show notes: (0:52) Beginning of today’s episode(1:53) Influencer marketing(2:34) Find local market influe...

Transcript

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0:00.0	You're listening to Wholesling Inc. episode number 1686.
0:04.7	Now, one of the things, the lesson that I want you to learn from all of this is that when we walk into a home and we've been recommended by one of our local influencers is that we don't really have to compete with the buyers, right?
0:18.9	Because they go into it wanting to do business with us.
0:22.4	This is game-changing information guaranteed to raise your real estate wholesaling business with
0:27.8	actionable steps you can take immediately to navigate the ins and outs of wholesaling and start
0:33.0	making money today. Join us as we put our guests in the hot seat and dive deep to dissect their
0:39.2	strategies for success to enable you to duplicate their results. You're listening to Wholesaling, Inc.
0:45.1	The only show dedicated to making you a fortune in wholesaling. Tonto back here, and today's
0:52.9	episode is another deal review, and this one is another banger,
0:57.6	$50,000, one that I actually did with my joint venture partner in one of my markets,
1:04.1	and super excited because the source is one of my favorite lead sources here. I'm going to tell
1:08.9	you about it here. All right. So let's talk about
1:11.6	this 50K banger. And if you know me, my goal for you is to make $50,000 on every wholesale deal
1:19.2	minimum. Because guess what? Two deals a month, $100K a month, $1.2 million a year. You're running a
1:26.1	business at 60-70% margin. Six or 700 grand
1:29.8	is not a bad way to go. And so you got to do big, fat, juicy deals. And that's what this
1:36.5	podcast is all about. Okay. And Bobby knows that. You're going to hear from him. All right.
1:41.3	So let's talk about again, this deal that we just closed.
1:49.3	This is something that just closed within 30 days. And this deal was a lead that came in from our influencer marketing. And I've talked about the influencer marketing where we are partnered with
1:53.7	influencers who have Facebook pages who have influence with their audience. All right. So someone like
2:00.3	Tucker Carlson, and I'm going to backtrack
2:03.6	here for a second. We're not partnering with Tucker Carlson, okay? Or I don't know, someone, it could be
	...

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