Wholesaling Inc with Brent Daniels WIP 1572: #Classic - Are You a Real Estate Agent or an Investor - 17 Steps to a Your First Wholesale Deal
Thinking about wholesaling but unsure if having a real estate license will help or hinder your success? While being licensed offers some perks, many agents struggle with low 1-3% commissions and aren’t familiar with wholesaling.
In this episode, Brent shares 17 key steps to closing your first wholesaling deal, whether you’re an agent or a complete beginner.
Don't forget to check out Brent’s TTP training program for more wholesaling tricks.
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Show notes:
- (0:58) Beginning of today's episode
- (8:01) Build a business that is a servant to you rather than you being a servant to it
- (14:53) 6% to 10% of the market is in distress at all times.
- (22:31) How to make contact with your target property owners
- (23:21) Start pre-qualifying your leads
- (24:46) You have to understand what the after-repair value is
- (28:57) Hold the escrow
- (30:50) Assigning the contract and a contract assignment means
- (32:24) The simple way to get paid
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Resources:
- Rich Dad Poor Dad by Robert Kiyosaki
- Cashflow Quadrant by Robert Kiyosaki
- Batchleads
- Docusign
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
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