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How Luca is Making $48,000 a Month | Wholesaling Real Estate

6.2K views
•
September 4, 2023
by
Flip With Rick
YouTube video player
How Luca is Making $48,000 a Month | Wholesaling Real Estate

TL;DR

Luca shares his journey and strategies for making over $48k per month in real estate wholesaling, providing valuable insights and tips for success.

Transcript

how Luca is making over forty eight thousand dollars this month by wholesaling real estate what is up guys Zach in here and welcome to the Baxter's podcast and we have a Luca here and Lucas sent in the Huds he's shown the proof he's actually done wholesaling deals with me this guy's legit and he's going to share exactly how he made over 48k this mo... Read More

Key Insights

  • 🔉 Social media and YouTube can be valuable resources for learning about wholesaling real estate.
  • 🏛️ Building relationships with other wholesalers and experienced investors can provide valuable guidance and opportunities for joint ventures.
  • 🏛️ Virtual wholesaling can be successful with effective communication, transparency, and building trust with sellers.
  • 🦔 Zoom Info and social media platforms like LinkedIn can be helpful for finding and connecting with hedge funds and institutional buyers.
  • 🥺 Direct mail campaigns, such as the Ros system, can generate additional leads and increase the chances of successful wholesaling deals.

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Questions & Answers

Q: How did Luca get started in wholesaling real estate?

Luca initially had a logistics background but knew he wanted to pursue real estate. He discovered wholesaling through social media and started his journey by learning and taking action. After months of research and preparation, he closed his first deal in Blairsville, Georgia.

Q: How did Luca find his buyers for his deals?

Luca used various methods to find buyers, including county records, SMS marketing, and leveraging existing relationships with other wholesalers. He also utilized Zoom Info to find and connect with hedge funds for larger assignments.

Q: How did Luca develop trust with sellers in virtual wholesaling?

Luca emphasized the importance of building trust with sellers through effective communication and transparency. He approached conversations with a friendly and confident attitude, explained the process clearly, and actively listened to the sellers' needs and concerns.

Q: Which marketing channels have been most successful for Luca?

Luca has found success with direct mail campaigns using the Ros system, which generates additional leads and increases the number of calls he receives. Additionally, he has developed strong word-of-mouth referrals through building solid relationships and providing quality service to his sellers.

Summary & Key Takeaways

  • Luca transitioned from a corporate logistics background to real estate wholesaling, driven by the desire to build wealth within the real estate industry.

  • He initially learned about wholesaling through social media and YouTube channels, and eventually connected with experienced wholesalers like Zach in order to learn and grow his business.

  • Luca started his wholesaling journey in Atlanta, Georgia, but later expanded to other markets such as Blairsville, Georgia and Columbus, Georgia. He then relocated to Dallas, Texas and successfully established himself in the competitive market.


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