Wholesaling Inc with Brent Daniels WIP 1904: #ThrowbackThursday - 5 Minute Breakdown - Breaking Down a $24k Wholesaling Deal that Came from a Referral
Brent Daniels, gives us a quick breakdown of a deal that he got in Utah. He bought the house for $260,000 and sold it for $315,000, making over $24,000 in profit. Wholetailing is an investing technique where you buy discounted properties, but you put it under contract, fix it up, and then list it on the MLS market for sale.
Brent shares the emotional story behind the property and how he was able to close that deal in just 10 days. He also talks about the importance of being loud so that you can get more opportunities. Join the TTP Training Program for more insights.
---------
Show notes:
- (0:49) Beginning of today’s episode
- (1:16) Why they chose a wholetail strategy instead of a traditional wholesale
- (2:07) From lead to close in about 10 days using their own cash
- (2:38) The biggest lesson: be loud about what you do to attract referral deals
- (3:27) Why this was a tight deal and didn’t fit their usual wholesale criteria
- (3:46) How only 24 minutes of evaluation led to a $24K profit
- (5:16) Final takeaway: reputation + visibility = free deals
----------
Resources:
- MLS
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?