QUESTION ⁉️ “How does driving for dollars work?”
Simply drive around town looking for real estate properties that look distressed, with overgrown weeds, look abandoned, with “for sale by owner” or “for rent” signs.
Then you note down the address with pen or paper… or using the new fancy driving for dollars app such as DealMachine to retrieve the owner of the property and market to them.
Sounds simple enough? Except that this is simplea data gathering minimum wage activity.
There is a better way.
As you know, real estate wholesaling is the art and science of finding deeply discounted properties using mass media marketing to potentially distressed and motivated sellers, locking under contract and selling the rights to the contract to an end buyer for a lucrative fee between $1,000 & $82,000 which is my highest one time fee ever.
Driving for dollars is not a mass media marketing. Therefore an average person will not work until it works. Essentially it doesn’t work for 98+% of those who attempt.
In this series, we introduce a better strategy to build a real estate wholesaling business. It’s called Smart Wholesaling.
With smart wholesaling, you can expect this 3 opportunities:
(1) Skip 80% of the hustle in traditional wholesaling
(2) Make $100,000 or more per year with or without closing deals and…
(3) Close 10X more deals
ENJOY THE VIDEO!