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How to Make $4,000 a Day MICRO FLIPPING Real Estate (Step by Step Guide)

38.6K views
•
February 22, 2021
by
Flip With Rick
YouTube video player
How to Make $4,000 a Day MICRO FLIPPING Real Estate (Step by Step Guide)

TL;DR

Micro flipping, also known as speed wholesaling, is a fast-paced real estate strategy that involves locking up deals quickly using a computer-based approach.

Transcript

micro flipping real estate aka speed wholesaling is this the newest trend of real estate wholesaling and is this going to overtake the way people are doing virtual real estate wholesaling forever in today's video i'm going to break down a step-by-step guide on actually how to do microflipping aka speed wholesaling in your real estate wholesaling bu... Read More

Key Insights

  • 🤝 Micro flipping, also termed speed wholesaling, is a niche strategy in real estate focused on rapid deal acquisition.
  • 🥳 The approach emphasizes speed and efficiency, with the goal of completing transactions within a day.
  • 🫠 Sellers can be contacted through various marketing methods such as cold calling, Facebook ads, and SMS to swiftly secure deals.
  • 🖐️ Cash buyers play a vital role in microflipping, helping wholesalers sell deals quickly and finalize transactions efficiently.
  • 🤝 The strategy involves finding motivated sellers online, engaging them promptly, and securing deals with cash buyers.
  • 😚 Micro flipping is a high-paced approach that requires effective marketing, negotiation skills, and the ability to close deals swiftly.
  • 🐎 Utilizing technology and online tools is crucial in microflipping, enabling wholesalers to speed up the process and maximize profits.

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Questions & Answers

Q: What is microflipping or speed wholesaling in real estate?

Microflipping, also known as speed wholesaling, is a fast-paced real estate strategy that involves locking up deals quickly using a computer-based approach. It aims to streamline the wholesaling process and maximize efficiency.

Q: How do you contact sellers in microflipping?

Sellers in microflipping can be contacted through various methods such as cold calling, Facebook ads, SMS, RVM, emailing, and SEO. Utilizing these techniques, sellers can be engaged and deals can be swiftly secured.

Q: What is the goal of microflipping in real estate?

The goal of microflipping is to complete wholesaling deals as quickly as possible, typically within a day. This approach focuses on speed and efficiency, allowing wholesalers to lock up deals swiftly and maximize profits.

Q: How can one find cash buyers in microflipping?

Cash buyers in microflipping can be located through sources like Facebook, listrei.com, or utilizing skip tracing services. These buyers are essential for swiftly selling the locked-up deals and finalizing transactions within a short timeframe.

Summary & Key Takeaways

  • Micro flipping, or speed wholesaling, is a rapid real estate strategy that involves quickly locking up deals through computer-based methods.

  • Unlike traditional wholesaling, micro flipping focuses on completing transactions within a day to maximize efficiency.

  • The process includes finding motivated sellers online, contacting them through various methods, and quickly securing deals with cash buyers.


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