A “dead” real estate deal happens more than you’d think. Somewhere along the line, a buyer, seller, agent, or investor gives up. Either there’s not enough money, time, or patience left in the deal to get the property bought or sold. When real estate transactions drag out, you could get caught with months of holding time or thousands in inspection costs, only to have the deal drop out from under your feet. So, how do you revive a dead deal when everyone else has given up? Just ask Tyler and Trevor Sarter.

Tyler and Trevor are based in Detroit, dealing with lots of international investors who want a piece of the cash-flowing pie. They work primarily as wholesalers, but also flip houses, and advise/consult their investors from abroad. They have a “do what you need to do to get the deal done” type mentality, which to no surprise has served them very well in their business. When other investors give up, Tyler and Trevor are waiting in the wings to get the property closed.

As two former basketball players, they understand what working as a team means and how everyone needs to play their part in order to become champions. They’re not as profit-oriented as they are solution-oriented, making sure everything gets done no matter what comes their way. Because of this, they’ve built a successful real estate business, better yet as two brothers.

In This Episode We Cover:

How to find buyers, sellers, and deals as a wholesaler, flipper, and investor

Keeping the deal “alive” and why over-communicating is necessary to start investing

Staying organized and building a fine-tuned machine that will run even when things go wrong

How to prepare yourself as a rookie real estate investor for your first deal

Using real estate to help friends and family deal with tough situations (while you also make a profit!)

Finding the “MVP” of your team and the support roles that will boost that player up

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

Get Your Ticket for BPCon 2022

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

Rob's BiggerPockets Profile

Rob's Youtube

Rob's Instagram

Rob's TikTok

Rob's Twitter

The Newbie’s Guide to Wholesaling in 7 Simple Steps

How to Build a Highly Effective Real Estate Team

REIPro

PropStream

Books Mentioned in the Show:

Rich Dad Poor Dad by Robert Kiyosaki

Millionaire Real Estate Investor by Gary Keller

The Millionaire Fastlane by MJ DeMarco

Mastery by Robert Greene

Connect with Tyler & Trevor:

Tyler's BiggerPockets Profile

Trevor's BiggerPockets Profile

Work with Promise Land Realty

Work with Promise Land Realty on Instagram

Work with Promise Land Realty on Twitter

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-656

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 83: Don't Miss the #NerdTrain