18 Year Old Makes $100,000 in One Month!! (Wholesaling Real Estate)

TL;DR

• Ivan, 18, achieves $100k month wholesaling, shares journey and strategies.

Transcript

what is up guys zakin here and if you are ready to see an inspirational story about wholesaling real estate this is it if you are young if you are a teenager if you are just getting started in this business this is probably one of the most motivating stories i can give to you i have ivan garcia here ivan is in the inland empire and we're gonna be t... Read More

Key Insights

• 👷 Transitioning from an initial focus on Amazon FBA to real estate wholesaling, Ivan's background in construction and early interest in real estate shaped his journey.
• 🤝 Ivan's success underscores the potential of virtual wholesaling, exemplified by his out-of-state first deal and innovative marketing strategies.
• 💗 Strategic negotiation tactics like price reductions and leveraging contractor assessments enable Ivan to optimize deal profitability and grow his business.
• 👨‍💼 Emphasizing the importance of networking and learning from successful peers, Ivan's growth mindset drives his business scaling and long-term real estate goals.

Questions & Answers

Q: How did Ivan transition from Amazon FBA to real estate wholesaling?

Ivan's transition stemmed from a mastermind introduction where curiosity and research led him to wholesaling, aligning with his long-term real estate aspirations.

Q: How did Ivan secure his first deal out of state?

Ivan strategically targeted different markets, landing his first deal in a state he wasn't initially focused on, highlighting the potential of virtual wholesaling.

Q: What marketing strategies does Ivan employ for wholesaling?

Ivan utilizes various marketing approaches, including SMS campaigns, cold calling, text blasting, and even leveraging Facebook and Google for finding buyers and deals.

Q: How does Ivan approach negotiating price reductions with sellers?

Ivan tactfully engages sellers in price discussions during second walkthroughs, leveraging contractor bids to negotiate reductions and maximize profits on deals.

Summary & Key Takeaways

• Ivan, 18, shares his journey transitioning from Amazon FBA to real estate wholesaling, driven by early exposure to construction and real estate.

• Started at 16, Ivan's first deal was out of state, showcasing virtual wholesaling potential.

• Scaling his business, Ivan emphasizes learning, creative marketing, and strategic price negotiations.