Victory Talk
How to Get RICH Wholesaling Real Estate | Ep 103
Jul 16, 2024
Learn how to get rich by wholesaling real estate as the host and guest share their success stories and strategies. Discover the process of wholesaling, from identifying properties to flipping contracts. Explore insights on wholesaling income, starting out, motivated sellers, and Section 8 investing in real estate.
12:24
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Quick takeaways
- Real estate wholesaling involves negotiating below-market deals and leveraging software like Deal Machine.
- Challenges in wholesaling require initial active income, and marketing strategies like bandit signs attract buyers.
Deep dives
Real Estate Wholesaling and Property Investment Strategy
Real estate mentor Tom Cruise, not the actor, shared insights on real estate wholesaling. Beginning at 25, he started wholesaling properties, explaining the process of negotiating deals below market value and flipping the contracts for profit. Cruise emphasized leveraging software like Deal Machine and driving for dollars to find distressed properties for profitable resale, highlighting the importance of after repair value in real estate investments.
