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How to Build a $25,000/Month Operation in Only 4 Months | Wholesaling Real Estate

3.9K views
•
January 28, 2023
by
Flip With Rick
YouTube video player
How to Build a $25,000/Month Operation in Only 4 Months | Wholesaling Real Estate

TL;DR

Learn how to build a successful wholesaling real estate business that generates $25,000 per month in under four months.

Transcript

think of Harriet Tubman Muhammad Ali John Madden Alexander the Great you think of these people that accomplished such amazing things do you think they would have done any of these things without a plan no they all had plans how to build a 25 000 a month wholesang real estate operation in under four months what is up guys Zach in here and in today's... Read More

Key Insights

  • 🌱 Successful achievers throughout history, including Harriet Tubman, Muhammad Ali, John Madden, and Alexander the Great, all had plans to accomplish great things.
  • 👨‍💼 To scale your wholesaling real estate business to $25,000 per month, focus on marketing, acquisitions, dispositions, and execution.
  • 🥺 Create a marketing plan that outlines the number of leads to pull, contact, and convert into the CRM.
  • 🥺 Develop an acquisitions plan that focuses on converting qualified leads into contracts.
  • 🌱 Implement a dispositions plan to attract cash buyers and build relationships with them.
  • 🌱 Execution is the most critical aspect of the plan, and taking consistent action is necessary for success.
  • 🥺 Reverse engineer your goals to determine the number of leads and deals required to reach $25,000 per month.

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Questions & Answers

Q: What are the four key components to building a successful wholesaling real estate business?

The four key components are a marketing plan, acquisitions plan, dispositions plan, and execution plan. These components work together to drive leads, convert leads into contracts, attract cash buyers, and ultimately generate $25,000 per month.

Q: How many leads should I be pulling every month?

The number of leads to pull depends on your target market and goals. However, to achieve $25,000 per month, aim for at least 20 leads per month.

Q: How many leads should I contact every month?

It is essential to maintain a one-to-one ratio between the number of leads pulled and the number of leads contacted. If you can only contact 1,000 leads in a month, make sure you have 1,000 high-quality leads to contact.

Q: How many contracts should I aim to convert from my leads?

The number of contracts you can convert depends on various factors. Aim to convert at least 5 to 10 of your qualified leads into contracts per month.

Summary & Key Takeaways

  • This video provides a step-by-step guide on how to build a successful wholesaling real estate business that generates $25,000 per month in under four months.

  • It emphasizes the importance of having a carefully planned marketing, acquisitions, and dispositions strategy.

  • The video highlights the significance of taking action and executing the plan consistently to achieve success.


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