Wholesaling real estate is when a real estate wholesaler puts a distressed home under contract with the intent to assign that contract to another buyer.
Would you like to make money fast? Dive into this real estate podcast to hear Blair and Jeff’s best ways to do so.
In this episode, they talk about various real estate business topics starting with how to handle lots of leads coming in and reasons for so many coming in. Learn how to find out the rent of a property before buying it and what happens when a seller’s monthly payment hasn’t been made. Hear how to build a buyer’s list and find cash buyers.
Would you like to learn about wholesaling? Blair and Jeff discuss what are the best numbers for a wholesale deal and give their advice on what to do when selling cheap properties in bad shape.
Finally, hear how they manage their time each day to run a successful real estate business.
00:40 – How to handle lots of leads coming in and what happens when turning a Facebook campaign off and on again
03:17 – How to find out the rent of a property we are considering to buy and the rent on a lease option
06:41 –Putting a sign up in the yard of a property that is far away and before marketing
07:35 – What happens when a seller’s monthly payment hasn’t been made
10:06 – How to approach a seller who wants to see if we are legitimate or not
12:18 – Successful Facebook campaigns and reasons for leads pouring in
14:10 – Keeping sellers and buyers away from each other
15:03 – Finding the best numbers for a wholesale deal and the key to wholesale business
22:08 – Dealing with a situation in which the seller owes money to Medicaid
26:50 – Advice on selling two cheap properties in bad shape
28:38 – About somebody’s system in place to do business
30:48 – How to build a buyer’s list in a broad area and how to find cash buyers
39:02 – Blair and Jeff’s daily routine in their real estate business
About Blair:
Blair is the founder and creator of Dealbot, a motivated seller lead generation company. He has managed nearly $2mm in marketing spend and generated over 100,000 motivated seller leads. He also buys and sells houses himself in the Winston-Salem and Charlotte NC markets. In the past year, he has acquired nearly $3mm in cash flowing rental properties with zero money out of his pocket.
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