6 Figures Wholesaling Real Estate in only 1 year

TL;DR

Learn the step-by-step process to make six figures in your first year of wholesaling real estate, including marketing strategies, acquisitions, and building cash buyers.

Transcript

what is up guys how's it going we are live zakkin here and in this video i'm gonna show you exactly how to make six figures in your first year in wholesaling real estate that's right guys i am super pumped up for this one because honestly i know so many people are right now want to make six figures in wholesaling real estate and they might not have... Read More

Key Insights

• 🔐 Consistency and patience are key in wholesaling real estate, as it takes time to build up leads and close deals.
• 🤘 Building rapport and learning how to talk to sellers is essential in getting contracts signed and closing deals.
• 🫥 It is important to consistently build a cash buyers list to ensure you have buyers lined up for your deals.
• 🏛️ Marketing, acquisitions, and building cash buyers are the three crucial aspects of wholesaling real estate.
• 🚠 Being knowledgeable about real estate is not as important as being able to connect with sellers and provide solutions to their problems.
• 👂 Government lists, such as probates and code violations, are recommended for finding motivated sellers with no budget.

Questions & Answers

Q: Do I need a different script for pre-foreclosures?

No, you can use the same script and ask if they are interested in selling their property for cash.

Q: How do I find government lists?

Visit the relevant government departments, such as the utility department for water shut-offs or the clerk of the court for probates, to request the lists.

Q: Can I wholesale as a minor?

Yes, you will need a parent or guardian's help, but it is possible to wholesale as a minor.

Q: What is the best strategy for the Phoenix market?

Virtual wholesaling is recommended, as the market can be competitive. Expand your search to surrounding areas for better opportunities.

Summary & Key Takeaways

• Making six figures in wholesaling real estate is easily attainable, as it breaks down to making $9,600 in profit per month.

• One deal per month is all you need to achieve this goal, and the average deal should be around $10,000.

• Government lists, such as probates, code violations, and fire damage properties, are recommended for finding motivated sellers with no budget.

• Driving for dollars and cold calling are effective strategies for finding deals and building a cash buyers list.