On today’s episode of the BiggerPockets Podcast, we have Phillip Vincent, an acquisition specialist who hails from the St. Louis, Missouri area. Phillip is part of a large real estate investment firm, handling all the ins and outs of getting properties under contract. This week’s podcast goes into great detail on how to interact with distressed homeowners, how to generate leads from the high-end price points and walks you through the best way to handle Probate leads.

Additionally, Phillip is particularly knowledgeable in wholesaling and shares excellent insight on exactly what you need to do to get started in real estate, ethically. This is an action-packed show, so let’s get into it!

In This Show, We Cover:

Powerful and unique lead generation
The benefits of having a real estate team
How to flip a $1,000 house
How to actually purchase in high-end markets
How Phillip lost $200,000 on a spec build
Time Capsule Homes and why they make great investments
Using SEO and PPC to get deals
A snapshot of the life of an Acquisition Specialist
Why marketing doesn’t really cost you any money…
How to leverage wholesalers and newbies for lead generation
The importance of being ethical when wholesaling
How to network effectively
And a whole lot more!

Links Mentioned

Books Mentioned in the Show

Rick Dad Poor Dad by Robert T. Kiyosaki
The Big Rich: The Rise and Fall of the Greatest Texas Oil Fortunes by Bryan Burrough

Tweetable Topics

“In real estate, don’t buy weird.” (Tweet This!)

“Find people in your market that have too many leads and simply go help them with those leads.” (Tweet This!)

Connect with Phillip

Phillip’s BiggerPockets Profile
FasterHouse Website: http://www.FasterHouse.com/

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71: Finding Great Deals and Getting Started as a Wholesaler with Phillip Vincent