Kent Clothier Explains How Reverse Wholesaling Can Make You Millions During a Recession in REI

TL;DR

Kent Clothier shares his journey from a successful grocery business to becoming a real estate investor and mentor, emphasizing the importance of cash buyers and building a strong team.

Transcript

all right all right guys we are live welcome to the Baxter riches podcast I'm Zach in your hosts i quited my minimum wage bad boy job to pursue the riches of real estate investing at the age of 17 and never looked back I'm here to educate and inform entrepreneurs young and old how to become complete real estate investors by talking the best and mos... Read More

Key Insights

• 👨‍💼 Kent Clothier's success in real estate investing came after a setback in his previous business.
• 🏘️ Real Estate Worldwide offers software and training programs to help investors become successful in wholesaling houses.
• 🤩 The key strategy taught by Kent Clothier is to focus on building relationships with cash buyers, who are the key to a successful wholesaling business.
• 👨‍💼 Wholesalers can have more control and predictability in their business by nurturing relationships with cash buyers and providing them with valuable opportunities.
• 👯 Kent Clothier emphasizes the importance of time and not taking it for granted, as well as the need to wake people up and strive for excellence rather than settling for mediocrity.
• 🏛️ Kent Clothier's advice for someone starting out in real estate investing is to focus on building relationships with cash buyers and understanding their needs.
• 😃 Kent Clothier believes the biggest opportunity in real estate investing is to learn and master creative seller financing deals, which can allow for more control and higher profits.
• 💗 Kent Clothier's vision for Real Estate Worldwide includes growing their boardroom mastermind, improving their software, and potentially partnering with someone to scale their business to a larger audience.

Questions & Answers

Q: How did Kent Clothier get started in real estate investing?

Kent Clothier started in real estate investing after a setback in his previous business. He stumbled across real estate wholesaling and became very successful, ultimately founding Real Estate Worldwide.

Q: Who were Kent Clothier's mentors in real estate?

Although he didn't have a specific mentor in real estate, Kent Clothier mentioned Russ Whitney and his father-in-law as key influencers. He also mentioned other mentors in life and business, such as Roland Frasier and Frank Kern.

Q: What is Real Estate Worldwide?

Real Estate Worldwide is a company founded by Kent Clothier that offers software and training programs for real estate investors. It focuses on wholesaling houses and helping investors find cash buyers.

Q: How does Kent Clothier recommend finding cash buyers?

Kent Clothier recommends using Craigslist to find cash buyers by searching for keywords such as "cash only" or "must sell for cash." He also advises using bandit signs to attract cash buyers at major intersections.

Summary & Key Takeaways

• Kent Clothier got started in real estate investing after experiencing a setback in his previous business, and he quickly became successful in wholesaling houses.

• He founded Real Estate Worldwide, which offers software and training programs to help people become successful real estate investors.

• Clothier's key strategy is to focus on cash buyers, as they are the key to a successful wholesaling business.