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How New Wholesalers Can Earn Over $100,000 in their 1st Year

2.8K views
•
September 6, 2023
by
Flip With Rick
YouTube video player
How New Wholesalers Can Earn Over $100,000 in their 1st Year

TL;DR

Learn the blueprint for making over six figures in your first year of wholesaling real estate by identifying what works and scaling it up.

Transcript

how new wholesalers can make over a hundred thousand dollars in their first year wholesaling real estate if you were to make six figures over a hundred thousand dollars in a Simon fees let me tell you something that's gonna get you really excited the blueprint for doing this is already out there I've taught hundreds of thousands of wholesalers how ... Read More

Key Insights

  • 💦 Successful wholesalers consistently learn from their early deals and scale up what works.
  • 🥺 Focusing on specific lists and marketing channels that have proven to be effective can lead to more deals.
  • 💄 Consistent marketing and making offers to motivated sellers are crucial for success in wholesaling real estate.
  • 😑 Government lists, such as probates and pre-foreclosures, can be great sources of motivated sellers.
  • 🥶 Cold calling is an effective strategy for making offers and connecting with motivated sellers.
  • 🤝 Consistency in marketing is essential for consistently finding deals in wholesaling real estate.
  • 🦟 The willingness to take action and never quit separates successful wholesalers from those who don't see results.

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Questions & Answers

Q: How do people make over a hundred thousand dollars in their first year of wholesaling real estate?

People who make six figures in their first year of wholesaling real estate follow a blueprint that involves learning from their first deals and scaling up what works.

Q: What are some fundamental things that most people making six figures in wholesaling real estate do?

Most successful wholesalers focus on a specific type of list, marketing channel, or strategy that has proven to be effective for them. They stick to what works and go even harder on it.

Q: How can new wholesalers get their first deal?

New wholesalers can start by targeting probate lists and driving for dollars to find motivated sellers. They can also learn about various marketing strategies and lists through resources like FreeWholesaling.com.

Q: What is the most important KPI for getting the first deal in wholesaling real estate?

The number of offers made to motivated sellers is the most important key performance indicator. Making more offers increases the chances of getting a locked-up deal and ultimately selling more deals to cash buyers.

Summary & Key Takeaways

  • The key to making six figures in wholesaling real estate is to learn from your first deals and scale up what works.

  • Focus on the marketing strategies and lists that have been successful in finding deals.

  • Consistency is crucial in marketing and making offers to motivated sellers.


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