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Virtual Wholesaling the Right Way | REI Meetup

1.1K views
•
April 10, 2021
by
Flip With Rick
YouTube video player
Virtual Wholesaling the Right Way | REI Meetup

TL;DR

Join a virtual real estate wholesaling meetup to learn about virtual wholesaling and gain valuable insights.

Transcript

all right guys we are live what is up zakkin here and in today's video we have a real estate investing meetup it's going to be virtual here but we're going to be talking about all about virtual wholesaling the right way i'm super excited to really break down virtual wholesaling and really helping you guys out in your virtual wholesaling journey so ... Read More

Key Insights

  • 🥺 Incorporate a mix of virtual and physical driving for dollars to maximize lead generation.
  • 💁 Focus on providing valuable information and building trust with motivated sellers in negotiations.
  • 🤝 Utilize code violation lists and other targeted marketing strategies to identify potential deals effectively.

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Questions & Answers

Q: How can I set up a successful virtual wholesaling operation?

To set up a successful virtual wholesaling operation, focus on lead generation through targeted marketing, establish efficient systems for contact management, and prioritize effective communication with sellers.

Q: How can I handle sellers who want top dollar for their properties?

When faced with sellers demanding top dollar, help them weigh the pros and cons of their options, offer alternative solutions, and emphasize the benefits of a quick cash sale over listing with a realtor.

Q: What are the best strategies for finding motivated sellers in a competitive market?

Look for signs of distress or neglect in properties, target specific demographics or neighborhoods, work with code violation lists, and engage in proactive outreach through cold calling, direct mail, and SMS marketing.

Q: How do you balance virtual driving for dollars with physical driving and exploring different markets?

Consider splitting your efforts between virtual and physical driving for dollars to test different markets and find the ones that offer the best opportunities. Use code violation lists and other sources to target properties with potential.

Summary & Key Takeaways

  • Virtual real estate wholesaling meetup discussing the ins and outs of virtual wholesaling.

  • Introductions of members and discussion of challenges and strategies in the real estate market.

  • Questions and answers about virtual wholesaling strategies, dealing with sellers, and finding potential deals.


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