BRAND NEW Virtual Wholesaling System | Cris Chico | Facebook Ads/ PPC | Summary and Q&A

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April 22, 2021
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Flip With Rick
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BRAND NEW Virtual Wholesaling System | Cris Chico | Facebook Ads/ PPC

TL;DR

Chris Chico introduces a new virtual wholesaling system called nationwide wholesaling, which involves targeting a wide geographic area to generate leads without the need for market selection.

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Key Insights

  • 😓 Nationwide wholesaling allows investors to cast a wider net and explore new markets, uncovering potential deals in areas they may not have considered before.
  • 😘 Targeting a larger geographic area can result in lower lead costs and less competition compared to traditional virtual wholesaling.
  • ⚾ It is important to have a base level of competency in real estate and marketing to succeed in nationwide wholesaling.
  • 🥺 Inbound marketing methods, such as Facebook ads, can be effective in generating leads and finding motivated sellers.
  • 🤩 Consistency and persistence are key in any marketing strategy, and it may take time to see results in nationwide wholesaling.
  • 🥺 Understanding the nuances and strategies of Facebook ads can help optimize lead generation and increase the chances of finding deals.

Transcript

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Questions & Answers

Q: What is nationwide wholesaling?

Nationwide wholesaling is a virtual wholesaling system that involves targeting a wide geographic area, such as an entire state, to generate leads and find potential deals without the need for market selection.

Q: How does nationwide wholesaling differ from virtual wholesaling?

In virtual wholesaling, investors typically choose a specific market to focus on. With nationwide wholesaling, investors cast a wider net and target a larger geographic area, allowing them to explore multiple markets and find opportunities in different locations.

Q: How do you identify the best states for nationwide wholesaling?

It is recommended to target states that have a high level of investor activity and competition. Platforms like Keegle and U-Haul can provide insights into popular markets and areas where investors are actively seeking deals.

Q: Is nationwide wholesaling more expensive than traditional virtual wholesaling?

The cost of nationwide wholesaling depends on your targeting strategy. By targeting a larger geographic area, the cost per lead may decrease, making it a more affordable option compared to traditional marketing methods like direct mail.

Summary & Key Takeaways

  • Chris Chico, the godfather of virtual wholesaling, shares his knowledge and experience with virtual wholesaling real estate, specifically introducing a new approach called nationwide wholesaling.

  • Nationwide wholesaling involves targeting a wide geographic area, such as an entire state or multiple states, to generate leads and find potential deals.

  • By casting a wider net, investors can discover opportunities in markets they may not have considered before, allowing them to tap into less competitive areas and potentially find hidden gems.

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