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Wholesaling Inc with Brent Daniels

WIP 707: How Consistent Daily Efforts Helped One Wholesaler Generate $158k in Just a Few Short Months

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

🗓️ 10 June 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

Dhancon Desroches did door-to-door sales for 5 years, switched to wholesaling, and got his very first deal in January 2020. Now, he does business virtually and, just 4 months into 2021, he has made $158,000! He’s proof that if you dedicate at least 20 hours a week to being a real estate entrepreneur, you are going to win.

In this episode, Dhancon shares his work ethic—how he keeps his energy up while cold calling and how he deals with property owners. He also reveals what he does to be able to negotiate prices and gives a breakdown of one of his deals.

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Transcript

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0:00.0

You're listening to wholesaling ink episode number 707 hard work is not enough consistent hard work is more the direction that we need to start thinking 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 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

0:30.0

results you're listening to wholesaling ink the only show dedicated to making you a fortune in wholesaling

0:40.0

Welcome to the wholesaling ink podcast America's number one podcast for new real estate investors where we know the finding discounted properties is the most proven path to financial freedom.

0:54.0

You're host Brent Daniels Mr. TTP Mr. Talk to people and I am telling you this if I can do it so can you so let's get started let me hit you with some facts here's the facts that I tell everybody that's starting out with this business.

1:09.0

I'm telling everybody if you dedicate 20 hours a week to your wholesaling business to being a real estate entrepreneur you are going to win.

1:19.0

This is going to blow everybody's mind. I have on this podcast an incredible wholesaler that lives in Orlando does business virtually in Indianapolis and listen to this.

1:31.0

There are some weeks that he spends 45 hours prospecting on the phone making calls talking to property owners.

1:42.0

I am so excited to share his journey because listen to this first year in the business does $120,000 this year so far only four months into this year he's at $158,000 it is my pleasure.

1:58.0

I'm so excited to have you on here let's rock and roll brother let's do it let's do this so you were knocking door to door you were doing door to door sales for how many years five long years.

2:13.0

Okay, five years and you're knocking doors at what point in your professional life do you discover hey wait a second there's this real estate thing that I've heard about.

2:25.0

There's this wholesaling thing that I've heard about like what how does this enter into your life you're out there knocking doors are you thinking maybe there's something bigger better like how does this happen.

2:35.0

Yeah, so always looking for something better than where I'm at already and wanting to improve but I found out about wholesaling probably year four and a half of me knocking on doors.

2:47.0

Where I found out about it is there was a guy Alex Alex G I'll just say Alex G is his name okay and he did door to door with us was not very good doing the door yet you got to put a lot of consistent.

2:59.0

Effort every single day just knocking in the cold knocking in the rain doesn't matter you're going and he was not the best and then during the middle of the summer I found out from one of my other friends that this guy's living in Columbia doing wholesale deals virtually here and he had a month during the summer.

3:16.0

He did almost 70,000 I'm thinking of myself holy call like this guy could do 70,000.

3:21.0

I have way more work ethic than this guy like sure away and he's a great guy too but that's that's how I found out about it incredible so when you find out about it internally right you hear about this and you're like wait a second I work harder than this guy.

3:35.0

So I know that I could do better than this guy you're probably beating him in sales and what you were doing with the you know door to door security right every time.

3:43.0

So you have that confidence that wait if he can do it so can I right and that's what opened the door exactly and it wasn't until even do I knew the opportunity was there wasn't really forced into it until after that summer had ended my wife to be we're expecting to have my daughter now yeah and the job that I was at we couldn't do the traveling anymore because every six months or during the summer we would go from one location to another work that market and then go back to Florida back in our hometown.

4:13.0

And I just didn't want to be traveling with the newborn sure told my the company that I was with the I can't do it anymore they basically flat out told me sorry you can't do it the only way they'd allow me to do it is if I took a year off with no work no pay.

4:28.0

Haven't you could can't do that and then I can rejoin and then I can stay in Florida year round and I have to travel like well crap while let me see what can I do oh yeah I did I found about whole selling.

4:39.0

About about your program got that and then I got my first deal in January of 2020 yeah it was fast yeah I mean but you were putting in so much work I mean you were putting in yeah I mean it is like listen when anybody comes in I tell them if they call for 15 hours a week.

4:57.0

You're going to start usually it's about 20 hours of calls to get a deal right but it takes 90 days right so you have to have consistency consistency consistency and it's like oh my gosh you know I did like an hour I did two hours I did three you're doing.

...

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