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(WATCH ME) JV a $35,000 Virtual Wholesaling Deal!

3.1K views
•
January 10, 2022
by
Flip With Rick
YouTube video player
(WATCH ME) JV a $35,000 Virtual Wholesaling Deal!

TL;DR

In this video, Zach outlines the process of JVing with subscribers in real estate deals and offers tips for finding success in virtual wholesaling.

Transcript

what i'm telling you is do a bunch this is how i started we started going from doing 20k deals to 50ks i just got real nerdy with it's like all right i had i did like let's say like when i was first starting i was like all right i did four fifty thousand dollar deals it's like one of 18 right where did i get those deals from they're like all probat... Read More

Key Insights

  • 🤝 Analyzing past deals can reveal the sources that have produced the biggest deals, allowing wholesalers to focus their efforts on those areas for increased profitability.
  • 🥺 Virtual wholesaling can be successful by targeting probate leads and vacant properties.
  • 💦 Negotiating extensions with sellers and finding ways to work with tenants are essential in real estate wholesaling.

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Questions & Answers

Q: How can I go from doing small deals to bigger deals in real estate wholesaling?

The key is to analyze your past deals and identify which sources have yielded the biggest deals. Focus your efforts on those sources to add zeros to your deals and increase profitability without doing more work.

Q: Is virtual wholesaling effective in real estate?

Yes, virtual wholesaling can be successful. Zach recommends focusing on probate leads as they have the potential to yield high-value deals. Additionally, he suggests going after vacant properties to increase the chances of finding lucrative deals.

Q: How can I handle situations where the tenant is refusing to let me inspect the property?

It's important to respect the tenant's rights as well as follow legal regulations. However, tenants typically have a 24-hour notice for inspections. If the tenant is refusing access, you may need to negotiate an extension with the seller until the lease is up or find alternative ways to assess the property.

Q: What mindset should I have in real estate wholesaling?

It's crucial to keep expectations in check and find joy in the reality of your accomplishments. Don't get caught up in the race to make more money. Focus on being grateful and living the life of your dreams while steadily growing your business.

Summary & Key Takeaways

  • Zach shares his experience of JVing with subscribers in real estate deals, providing insights into the process.

  • He emphasizes the importance of analyzing past deals to identify the sources of success and focusing efforts on those areas to add zeros to deals.

  • Zach discusses specific deals with subscribers, offering guidance on how to negotiate contracts, handle tenants, and find cash buyers.


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