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Wholesaling Inc with Brent Daniels

WIP 520: The Untold Secret to Building a Million Dollar Real Estate Business

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

4.91.4K Ratings

🗓️ 22 September 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

Imagine this: you’ve finally closed your first ever deal and it’s a very lucrative one. What should you do with the huge amount of money once it’s wired in? Understandably, it would be very tempting to splurge, spend the money, and buy the things you’ve always wanted. After all, you worked hard for it, right? Wrong!

In this special episode, Mr. TTP himself, Brent Daniels shared the untold secret of building a million dollar real estate business. And it’s not as complex as you think! However, it would involve planning accordingly and knowing where your money should go and how you should manage it accordingly.

Regardless if you’re new to the business or a seasoned one, today’s episode can provide massive value and can spell the difference between staying stuck or taking your business to the next level!

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Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.

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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to Wholeselling Inc. episode number, 520.

0:04.1

You only have two options when you make money to invest it or to spend it.

0:08.6

The 1% know that we need to invest it for the future and you can invest it if you are

0:14.4

keeping your personal budget low. This is what is so critical. Do not run out

0:19.2

there and just start spending and spending and spending because you want to look good on the gram or you want to look

0:24.3

good on YouTube or whatever it is. It doesn't matter. You're impressing people that don't care

0:29.1

about you. 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.

0:43.0

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.

0:50.0

You're listening to Wholesailing Inc. The only show dedicated to making you a fortune in

0:56.0

wholesaling.

0:57.0

Hey everybody, it is Brent Daniels, Mr. TTP. You are closing deals. You went out there and you generated a lead

1:05.7

You converted it to a signed contract and you sold that contract now the title company or

1:11.8

closing attorney is going to wire you money.

1:15.0

They're going to wire you the funds that you made on this deal. It is so exciting.

1:20.0

But what do you do with it? It's confusing. This is the first time or maybe this is the first few times that you've ever received this kind of money before.

1:28.0

You're used to getting a W-2 paycheck or you're used to doing contract labor or whatever it is.

1:34.2

This is different.

1:35.2

What do you do?

1:36.2

What do you do?

1:37.2

Well, most people, what they do is it goes straight into their personal account, right? What is the problem with this? There's an obvious and

1:44.9

blaring problem with this, right? This is going to you personally. You are

1:49.8

responsible for this income personally. It goes into your account, what happens when they go into a

...

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