Wholesaling Inc.
- Podcast
- July 20, 2023
WIP 2018: The 8 Do’s and Dont’s of Wholesaling Real Estate (Part 2)
Are you ready to stop setting empty goals and start building a predictable, profitable business? In Part 2 of this foundational series, Brent Daniels brings the heat as he breaks down the final crucial Do's and Don'ts of wholesaling real estate. He tackles audience questions head-on, delivering rapid-fire formulas for estimating repair costs, navigating virtual markets, and selecting the exact business model that fits your lifestyle.
Whether you choose to go direct-to-seller, work with agents, or focus entirely on dispositions, Brent explains why committing to a single lane is the ultimate secret to scaling. Discover why you need to stop obsessing over massive wealth goals and instead focus purely on a productive daily schedule. Plus, hear the incredible story of how one simple question on a wrong-number cold call turned into a $25,000 payday! Get ready to take massive imperfect action and dominate your market. Be a part of the TTP training program now.
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Show notes:
- (0:00) Beginning of today’s episode
- (1:07) How to execute virtual contracts using mobile notaries or Investor Bootz
- (3:13) Brent's rapid-fire formula for estimating cosmetic and major property repairs
- (5:14) The three core wholesaling models (direct to seller, agents/MLS, and dispo)
- (7:27) Deciding between building a people-heavy operation or a marketing-heavy machine
- (9:30) How asking one extra question on a wrong number call led to a $25,000 fee
- (10:39) Using the 70% minus repairs formula in an average real estate market
- (11:44) Why you must commit a minimum of three to six months to any marketing channel
- (13:09) The critical importance of committing to one business model and avoiding shiny objects
- (15:02) Shifting your mindset to understand you are in the sales and marketing business
- (16:33) Why setting a productive daily schedule is far superior to setting massive wealth goals
- (18:30) How dedicating just 20 hours a week to wholesaling can help you fire your boss
- (19:55) The absolute best niche lists to target if you are operating on a tight marketing budget
- (22:22) A rapid-fire recap of the 8 Do's and Don'ts of Wholesaling Real Estate
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Resources:
- Investor Bootz
- TTP Insider
- DealMachine
- BatchLeads
- Talk To People
- Instagram: @realbrentdaniels
- 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
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