To build an inventory of wholesale property listings, you have to prospect sometimes.
That is to say, you will have to get on the phone and talk to seller prospects if you are into acquisitions.
There are 2 sides of the wholesale business:
In this lesson, I will talk about how to outshine and survive any type of crisis that will inevitably kill most wholesale real estate business such as Covid-19.
Also, you will understand the difference and distinction between a signed contract and a deal especially in time of crisis.
Finally, I will elaborate on why you should be scared
Also what to do to make the most money you’ve ever made in your life.
So have you checked out the biggest sources of data to prospect for potential wholesale property listings? www.EmpireBIGData.com
Below is a question for us to address with this lesson…
“Just got my first corona curse out while cold calling.
I make my pitch and the seller says
Are you FkG kidding me with all of this S**! going on.
You wanna call to buy a house?
I will FkG hunt you down.
Do you hear me?
Don’t you ever call my FKG number again.”
ANSWER – I’m surprised people are still cold calling.
It was challenging before the pandemic and now it’s 10xed hard!
Homeowners were stressed out prior to the pandemic and now its daily worry.
If your target market is over 60 please stop calling them out of pure decency.
They are the most vulnerable group.”
ANOTHER Comment on the difference between contracts a.k.a Wholesale Property Listings and actual deals…
“After a year of being in the business.
I’m thankful to have had 7 contracts (now 8 as of today) that didn’t close.
10 sellers to not sign contracts after verbally accepting contracts.
20+ appointments some sellers didn’t show up to.
Winning a few bidding wars. Losing most of them.
Hosting meetups & taking time to help others & just talking to people about what I’ve experienced.
I just wanted to tell anyone reading this that if my ass can do this business you can too!!”
“It may not be the time for you…gotta speak for yourself.
I just got 2 more properties under contract today…
…well one today and the other docusign is being sent tomorrow…
This business is simple but if you’re not doing the simple things to be successful you’ll quit on yourself.”
Enjoy the video for the ultimate answers.
Building a wholesale property listings inventory is the livelihood of many people and hopefully including you.
So it is very important that you respect yourself by respecting the business that has the capacity to produce jobs.
As I said earlier, there are 2 sides to a wholesale real estate operation…
1st Side – Acquisition
This is the team that focuses on generating seller leads that is potential willing and able to sell at a deep discount.
So it is such discounts that becomes equity and salaries for many people.
2nd Side – Disposition
Money only comes from one place; from buyers.
So if no one is generating buyers for the game of wholesale real estate, that means the business is dead.
Therefore it is time that some starts learning how to bring in new buyer blood for the game.
Without new buyers, all the contracts being locked in are useless.
So the good news is that digital marketing has made that, not only super simple, but you can monetize the whole process.
Are you STRUGGLING in launching or... GROWING your Real Estate Investing & Wholesaling business?- FREE BOOK ($97 Value)Are you having a difficult time generating motivated sellers, qualified buyers and closing your 1st or NEXT deal? Is your dream to build an empire to sustainable heights heading down the drains? Smart Real Estate Wholesaling PLUS BONUS BOOK "Real Estate Money Secrets" ...and he is giving away a limited amount of both books for free ($97 Value) for a limited time. Would you like the secrets of learning, earning and building your lifestyle, business and real estate empire simultaneously with leveraged and minimal effort? This book is your gateway to 10X and may be even 100X your business and income using the art and science of attraction. Smart Real Estate Wholesaling also serves as a manual for all types of businesses, aspiring and experienced entrepreneurs. In addition to the download of these 2 books, I will also give you exclusive access to a free bonus an optional million dollar opportunity to be coached and mentored by OLA personally. Simply tell us your email address below and the book access will be instantly sent to you. You will have options for Paperback sent to you as well as Kindle or PDF downloads.
Padilla 5.0 out of 5 stars ⭐⭐⭐⭐⭐ Awesome book!!
Cliff R. 4.0 out of 5 stars ⭐⭐⭐⭐ Full of actionable, useful information for sure.
The author does an excellent job of cutting through much of the real estate wholesaling BS that is prevalent in the market. That is to say while most gurus are teaching what they DO NOT DO, Ola outlines steps of creating value at the center of your marketing. His down to earth delivery just makes sense. He speaks of leveraging technology, the importance of multiple income streams, and an overview of the real estate wholesaling business in the new age of business marketing. For example, he mentions that many people don't even like their family members stopping by unannounced, so how can you expect them to be ultra receptive to a stranger popping up looking to capitalize on a misfortune. Of course that's not how the "Door Knocking" conversation would be framed, but that's exactly what it is. All in all I enjoyed the read and if you plan on making action your focus, you will too.
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Ola is a legit real estate investor and marketer. He's a real student of wholesaling and marketing - his approach to marketing for wholesale deals - ADD VALUE - is recession proof and feels right. Don't pass up this book!
Melton Thomas 5.0 out of 5 stars ⭐⭐⭐⭐⭐ A true mindset shift!
As a virtual real estate wholesaler and investor, it makes sense to me to optimize my approach and use technology to drive. This book gave me a clear, concise framework that I could leverage and implement!
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This book is amazing and very beneficial. The author is very knowledgeable on the concepts at hand. Definitely a great book to read.
How do I find wholesale properties?
To find wholesale properties, you need marketing skills that targets distressed home owners who needs offload.
How do I find a real estate investor for wholesaling?
Most traditional methods will tell you to go to a local meetup to kiss up cash buyers or people who claim to be a cash buyer with no way to verify.
I am happy to tell you that you can learn the simple skill of digital marketing to build a massive list of potential buyers and investors and make money in that process even long before you close a deal.
You can then turn around and use that money to market for seller leads if you choose and make even more money.
How do I create a buyers list for wholesaling?
You can create a buyers list for wholesaling purely 100% online and even monetize the process.
Simple place an autoresponder web form with an free offer giveaway that investors would find valuable on web landing page
And capture leads into your pipeline using digital marketing.
How much money do you need to start wholesaling real estate?
Using the smart wholesaling formula, all you need is $300 but it can take a lot less if you don’t value time and have time to invest in manual marketing methods.