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How to SCALE to 100k+ a Month in Virtual Wholesaling Real Estate

1.2K views
•
February 6, 2022
by
Flip With Rick
YouTube video player
How to SCALE to 100k+ a Month in Virtual Wholesaling Real Estate

TL;DR

Learn how to scale your virtual wholesaling business to seven figures per year by implementing a perfect system.

Transcript

how to scale to a hundred thousand dollars per month in virtual wholesaling and how to create a perfect system for doing it what's up guys zakian here in today's video i want to show you the exact perfect systems guide for virtual wholesaling real estate so you can scale up your business to seven figures per year i'm super excited to share this vid... Read More

Key Insights

  • 🤝 Scaling a virtual wholesaling business requires around 5-10 deals per month, averaging $10,000-$20,000 per deal.
  • #️⃣ Keeping the systems simple and understanding your numbers are essential for success.
  • 🥶 Virtual assistants play a crucial role in marketing, particularly in SMS text blasting and cold calling.
  • 👂 Utilizing lists from driving for dollars, Listrei.com, and government sources can help identify potential properties.
  • 🤩 Analyzing key performance indicators (KPIs) allows you to track and measure the success of your virtual wholesaling business.
  • ❓ Consider the Southeast region as a potential market for virtual wholesaling.
  • 🗯️ Marketing consistency and finding the right employees are crucial for scaling a virtual wholesaling business.

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Questions & Answers

Q: Where can I find virtual assistants for my virtual wholesaling business?

You can find virtual assistants on websites like Upwork.com, where they typically charge around $4-$5 per hour. The quality of the VA may vary based on your budget and workload requirements.

Q: What types of marketing strategies can be used in virtual wholesaling?

SMS text blasting, cold calling, and direct mail are commonly used marketing strategies. You can choose the tools that suit your needs, such as SMSack.com and ZackDeiler.com, or explore other options available in the market.

Q: What are some recommended lists for virtual wholesaling?

It is recommended to use a driving for dollars app like Listrei.com or Deal Machine. Additionally, lists such as pre-probates, pre-foreclosures, vacant properties, and tired landlord lists can be pulled from Listrei.com. Free government lists can also be obtained from the county clerk of the court, code enforcement department, and utility department.

Q: How can I determine the right virtual wholesaling market?

Consider the top 25 virtual wholesaling markets, which can be found at freewholesaling.com. The Southeast region has proven to be successful for virtual wholesaling, but ultimately, the decision depends on your personal preferences and market research.

Summary & Key Takeaways

  • Scaling a virtual wholesaling business to earn $100,000 per month requires about 5-10 deals per month, averaging $10,000-$20,000 per deal.

  • Keeping the systems simple is key to running a successful virtual wholesaling operation, with the book "Traction" by Gino Wickman providing valuable insights.

  • The most important aspect of the business is marketing, with virtual assistants (VAs) playing a crucial role in SMS text blasting and cold calling.

  • Lists for driving for dollars, government lists, and listrei.com can be utilized to find potential properties.

  • Determining the right virtual wholesaling market and analyzing key performance indicators (KPIs) helps track and measure business success.


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