How To Wholesale Real Estate Step by Step | RJ Bates III

7 snips

Dec 13, 2023

In this engaging discussion, RJ Bates III, the King Closer and real estate whiz, shares his remarkable journey in wholesaling and his feat of closing 125 contracts in 50 days. He emphasizes the importance of effective communication and strategic questioning in navigating the competitive market. RJ breaks down the complexities of nationwide wholesaling, highlighting innovations like the InvestorLift platform. With humor and insight, he reflects on the challenges of transitioning from a traditional job to entrepreneurship and the necessity of building rapport with clients.

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Intro

00:00 • 3min

Realities and Accomplishments in Real Estate Wholesaling

03:20 • 2min

Navigating Nationwide Wholesaling in Real Estate

05:21 • 7min

Navigating Real Estate Challenges

12:06 • 18min

From Employment to Entrepreneur: A Journey into Real Estate Wholesaling

30:05 • 5min

Navigating Early Real Estate Investing Challenges

34:38 • 3min

Navigating Real Estate Wholesaling Challenges

37:41 • 17min

Negotiating Real Estate: Building Personal Brand and Closing Deals

54:20 • 5min

Negotiating Success in Real Estate

58:57 • 17min

Navigating Team Dynamics in Real Estate Wholesaling

01:16:00 • 2min

Lead Generation Dynamics in Real Estate Teams

01:17:30 • 2min

From Pizza to Properties

01:19:35 • 7min

In this episode, the King Closer, RJ Bates III, takes center stage, showcasing his prowess in closing deals nationwide with just a single phone call.
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RJ, armed with championship belts from closing competitions, shares insights into his virtual wholesaling journey and the strategies that make him stand out in the industry.

As a virtual wholesaler, RJ achieved an impressive feat of closing 50 deals in 50 states over 50 days, which he documented on YouTube. His approach involves utilizing Investorlift, a tool that empowers him to conduct deals across the nation by providing a comprehensive buyer list.

RJ's method of comping properties involves focusing on sales in the vicinity, particularly in lower-income areas, rather than solely relying on numerical analysis. He emphasizes the importance of understanding where end buyers are making purchases, emphasizing that "it's all about acquisitions."

Reflecting on his journey, RJ recalls starting with MLS in 2014 but expanding his reach to surrounding cities and states, eventually venturing into wholesaling nationwide in 2020.

RJ's entry into real estate followed a stint as a General Manager at Pizza Hut for eight years. Frustrated with being labeled a "glorified shift manager," he decided to explore new opportunities, leading him to real estate training with his wife and igniting h

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About Ryan Pineda:

Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.

Ryan has amassed over 2 million followers on social media and has generat...