Capital Hacking E304: What is Real Estate Wholesaling? How Do You Do It without much CASH? with John Galan & Helena Wu
In this podcast, the hosts introduce the guests, John Galan & Helena Wu, who are wholesalers in the real estate industry. John shares his background as a former CPA and how he transitioned into real estate after realizing that many of his high net worth clients were involved in the industry. He joined a wholesaling mentorship program and made his first phone call to an agent in January 2022. However, he continued to juggle his accounting business alongside his wholesaling business. With the guidance of his mentor, John worked on his mindset and intention, eventually closing his first deal on April 15th. He then made the decision to quit his job in June, and shortly after, he closed another deal. In the following month, he was able to close five deals.
Shownotes
[00:03:49] Take action and cultivate mindset.
[00:05:47] Building a national franchise company.
[00:11:16] Wholesaling is a quick way to grow money in real estate.
[00:17:33] Finding deals through networking.
[00:24:41] Consider multiple exit strategies.
[00:28:40] Building relationships brings consistent deals.
[00:36:45] Wholesaling is simple but challenging.
[00:37:33] Persistence, consistency, and determination.
[00:41:45] Passionate, integrity-driven business partners.
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