How I’d Start Wholesaling Real Estate from Scratch (2024)

TL;DR

Learn five proven strategies for beginners in wholesaling real estate to start from scratch and achieve success.

Transcript

how I'd start wholesaling real estate from scratch in 2024 if I Am brand new and I want to get started in wholesaling real estate from scratch no experience no money at all this is going to be the guy that you need to be doing what is up guys my name is Zach I've done over 2,000 holing real estate deals and what I'm going to do today is systematica... Read More

Key Insights

• 🤘 Wholesaling real estate involves three simple principles: find a deal, sign a contract, and sell it for a profit.
• 🥶 Outbound marketing techniques like cold calling and SMS texting are effective for beginners.
• 🥶 Government lists provide free and untapped leads for motivated sellers.
• 😑 Different strategies, such as texting pre-foreclosures or cold calling probates, can be used based on individual preferences and circumstances.

Questions & Answers

Q: What are the fundamental principles of wholesaling real estate?

Wholesaling real estate involves finding a deal, signing a contract, and selling the contract for a profit. It is a simple process that should not be overcomplicated.

Q: What is the hardest part of wholesaling real estate?

The hardest part is finding a good deal through marketing. This requires reaching out to motivated sellers and generating leads.

Q: What are some effective government lists for finding deals?

Government lists such as pre-foreclosures, code violations, tax delinquencies, evictions, and arrest records are great for finding motivated sellers.

Q: What strategies are recommended for beginners in wholesaling real estate?

Five strategies are recommended: texting pre-foreclosures, cold calling probates, cold calling government lists, texting government lists, and combining texting and cold calling all targeted lists.

Summary & Key Takeaways

• Wholesaling real estate comes down to three simple principles: find a deal, sign a contract, and sell the contract for a profit.

• The hardest part is finding a good deal through marketing. Outbound marketing (cold calling, SMS texting) is recommended for beginners.

• Government lists, such as pre-foreclosures, tax delinquencies, and code violations, are effective for finding motivated sellers.

• Strategies include texting pre-foreclosures, cold calling probates, cold calling government lists, texting government lists, and combining texting and cold calling all targeted lists.