Watch Me Wholesale This Deal From Start to Finish!

TL;DR

In this video, Zach virtually wholesales a property by negotiating a better price with the seller and then finding interested buyers through cold calling.

Transcript

what is up guys Zach in here and in today's video you're going to watch me virtually wholesale a property basically from start to finish now I got myself into a little bit of a pickle last night and this has led me to make this video where I for the next hour to three hours how long it's gonna take me I'm going to go sell a deal I locked up over a ... Read More

Key Insights

• 🎴 Negotiating skills play a crucial role in securing a lower price when wholesaling a property.
• 🥺 Not all investors are interested in fixer-upper properties, leading wholesalers to adapt their strategy.
• 🤝 Realtors can be valuable resources for finding potential buyers for wholesale deals.
• 🥶 Building a cash buyers list can be challenging, but cold calling can still yield positive results.

Questions & Answers

Q: How did Zach secure the property deal at a lower price?

Zach initially advised the seller that the original listing price was too high for a good wholesaling deal. He then called the seller to negotiate and successfully convinced them to lower the price to $30,000.

Q: Why were landlords not interested in buying the property?

Many landlords preferred turnkey properties that required minimal work. The fixer-upper nature of the property deterred them from making a purchase.

Q: How did Zach adjust his strategy to find interested buyers?

After facing challenges with landlords, Zach decided to target flippers and reached out to realtors specializing in duplexes. He contacted them to see if they had any potential buyers interested in fixer-uppers.

Q: What challenges did Zach encounter in finding buyers?

Zach faced difficulties in quickly building a cash buyers list from scratch. However, after cold calling for 46 minutes, he managed to find two potentially interested buyers who happened to be real estate agents.

Summary & Key Takeaways

• Zach negotiates with a seller to lock up a property deal for $30,000, below the listed price of $45,000.

• He encounters challenges when reaching out to landlords as they prefer turnkey properties rather than fixer-uppers.

• Zach shifts his strategy to target flippers and contacts realtors who specialize in duplexes to find potential buyers.