Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

91: 8 Units, 10 Wholesale Deals, and $0 Spent on Marketing w/ @Liliinvests

91: 8 Units, 10 Wholesale Deals, and $0 Spent on Marketing w/ @Liliinvests

FromReal Estate Rookie


91: 8 Units, 10 Wholesale Deals, and $0 Spent on Marketing w/ @Liliinvests

FromReal Estate Rookie

ratings:
Length:
56 minutes
Released:
Jun 30, 2021
Format:
Podcast episode

Description

Lili Thompson didn’t plan on getting into real estate investing, she was supposed to be a WNBA prospect. After tearing her ACL in college, she was brought onto the Harlem Globetrotters to showcase her skills across the country. One of her teammates started talking to her about real estate investing, specifically wholesaling. This happened at the perfect time since she was closing on her house hack around the time COVID-19 lockdowns began.But now Lili was stuck with a house hack property and no income from her Globetrotter job, this is when she really began exploring wholesaling. She started driving for dollars with her mom, sent out some direct mail, did some cold calls, and received a few expletive-filled phone voicemails in the process. Lili knew she didn’t want to speak directly with the sellers, so she started chasing on-market wholesale deals.Now she communicates with agents, promises them double their commissions, and assigns the contract for a fee to her flipping contacts. She’s done 10 deals so far this year, paying $0 out of pocket for marketing, AND securing 8 rental units for herself in the process!In This Episode We CoverHow to wholesale when you have a $0 marketing budgetDriving for dollars, direct mail, and other wholesaling tactics House hacking with a duplex or a single-family homeFinding on-market deals with enough profit to wholesale A very colorful voicemail that Tony received recentlyAnd So Much More!Links from the ShowReal Estate Rookie Youtube ChannelAshley's InstagramTony's InstagramPropstreamZillowRentrediThe Real Estate Robinsons Youtube ChannelRedfinMLSCity-DataBiggerPockets InsightsCheck the full show notes here: https://www.biggerpockets.com/rookie91See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 30, 2021
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.