WIP 440: 5 Steps to Wholesaling Pre-Foreclosures

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

🗓️ 2 June 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

There are three reasons why many people love pre-foreclosures: 1) they are easy to find 2) they are low risk and 3) they are extremely profitable.

However, not everyone is familiar with wholesaling pre-foreclosures and how they should be approached and handled accordingly. The good news? That’s what Mr. TTP himself tackled in this episode!

If you need a brief on pre-foreclosures, Brent is your guy and this episode is for you! As always, Brent delivered all the basics of wholesaling pre-foreclosures in a way that’s easy to understand and digest, so don’t forget to tune in!

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Transcript

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0:00.0	You're listening to Wholesaling Inc episode number 440.
0:04.4	I highly encourage you to be proactive. They are going to get an unbelievable amount of mail.
0:12.8	Not only from the bank, but from real estate agents,
0:15.7	from other investors.
0:16.9	I mean, as soon as that notice of default or list
0:20.2	pendants gets filed, they are,
0:22.2	people just automatically are sending them dozens
0:24.7	of letters every single week.
0:27.6	So you might just be caught up in the mix there.
0:30.8	This is game-changing information, guaranteed to raise your real estate wholesaling business with actionable steps you can take immediately to navigate the ins and outs of wholesaling and start making money today.
0:42.8	BAM! Join us as we put our guests in the hot seat
0:45.6	and dive deep to dissect their strategies for success
0:48.9	to enable you to duplicate their results.
0:51.6	Investor Grid presents Wholesailing Inc.
0:54.8	The only show dedicated to making you a fortune in wholesaling
0:58.6	with your hosts Tom Kroll and Cody Hoffheim.
1:02.0	Woey! Kroll and Cody Hoffheim. Now let's set the foundation first.
1:07.0	There are four steps to the foreclosure process.
1:11.0	The first step is as soon as somebody doesn't make a mortgage
1:15.0	payment that is called pre-pre-foreclosure. Okay? This is now the bank is
1:20.0	going to give that person, that property owner,
1:22.6	90 days to make up that mortgage payment.
	...

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