Storage Wins EP158: Find Out Exactly How Alex's Clients Made $82,000 Net On Their 5th Wholesale Deal!
Felipe Bossans and Jesús Toledo are new to the business, but that hasn't stopped them from crushing it out of the gate! Felipe and Jesús were wholesaling on the side and closed three deals over the course of a couple of months, but decided to go full time in June. They reached out to Alex for mentorship and with a little bit of guidance were able to close and net $82,000 in profit on their 5th deal!. BOOM! Find out how they did it, on this week's masterclass.
Key Takeaways:
- Felipe and Jesús recently closed an $82,000 wholesale deal. Details covered in this master class :-)
- Felipe and Jesús reached out to Alex for coffee. They were seeking mentorship and they were hungry!
- Who are Felipe and Jesús? How did they meet and become partners?
- How did Felipe and Jesús get started in real estate?
- In November of 2016, these guys had no idea what wholesaling even was!
- They were able to close three deals within a couple of months of getting started. How did they do it?
- However, they were still struggling to 'make it.' That's why they decided to reach out to Alex.
- What kind of challenges did Felipe and Jesús have?
- Alex has been in this business since 2005 and he's still learning new ways to better his business.
- Since going full-time in June, how many deals have Felipe and Jesús done so far?
- Felipe and Jesús have been bootstrapping their business. They have a very small marketing budget.
- The guys recently closed a wholesale deal and made $82,000 in net profit. This was their 5th deal!
- How did they find the seller?
- They spent less than $1,000 to get the right lists they needed.
- How did they come up with their point system and figure out which list to target first?
- Let's break it down how they found this $82K deal. When Felipe cold called the guy, what happened?
- Focus on the person, not on the money or on their property.
- How did Felipe and Jesús end up marketing the contract?
- Felipe and Jesús almost lost the deal because the seller was becoming stressed out.
- Always walk your sellers through what's going to happen next.
- What were some of the biggest lessons Felipe and Jesús learned during this process?
- If you're struggling, remember that we're problem solvers and we need to have solution-oriented thinking.
- Want to work one-on-one with Alex? You can reach out! He has space only for one more person (his max is 2).
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Mentioned in This Episode:
Interested in joining The Flip Empire Inner Circle (Small Group Consulting Program), apply here
If you have already closed some wholesale deals, have the financial resources to invest in yourself, and would like to chat with Alex about working 1-on-1, go here to schedule a call.
Connect with Felipe Bossans at felipe@fbrealtygroup.com, and/or Jesús Toledo at jesus@fbrealtygroup.com.
The Art of Wholesaling Properties, by Aram Shah and Alex Virelles
Leave us a review here: Flip Empire on iTunes
Email Alex: Alex@FlipEmpire.com
Tweetables:
"You stop learning, you start dying."
"We're problem solvers, that's what wholesalers are."
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