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WIP 1017: Due Diligence Deep Dive - The Exact Steps to Doing Due Diligence on a Property

WIP 1017: Due Diligence Deep Dive - The Exact Steps to Doing Due Diligence on a Property

FromWholesaling Inc with Brent Daniels


WIP 1017: Due Diligence Deep Dive - The Exact Steps to Doing Due Diligence on a Property

FromWholesaling Inc with Brent Daniels

ratings:
Length:
26 minutes
Released:
Aug 16, 2022
Format:
Podcast episode

Description

“The negotiation doesn't really start until the property is under contract.” This is just one of the great nuggets from today’s episode with David Dodge. In this episode, David does a deep dive on one of the most important parts of the wholesaling process: the due diligence. Due diligence is often where your money is made. David breaks down his exact due diligence process by highlighting the right way to get a property under contract, how to properly calculate a property’s value and right questions to ask your buyer.If you want to go even deeper into the due diligence process and everything else that comes with wholesaling, David has created a perfect program that’ll get you from A to Z on wholesaling your first deal: the Rhino Roadmap program. Apply today and have Coaches David and Lauren guide you step by step to your first deal.----------Show notes:(1:04) - Beginning of today’s episode.(2:18) - How to put a property under contract – the right way.(6:54) - The two approaches to put a property under contract.(7:33) - Here’s exactly how you’re going to calculate a property’s after repair value (ARV).(13:24) - Do this to make your ARV even more accurate.(16:26) - Ask your buyers these questions.(19:26) - David has only lost money a couple of times in real estate – here’s what happened.----------Resources:Want to learn more? Check out our Rhino Roadmap program.To speak with David or one of our other expert coaches call (281) 835-4201 or schedule here.
Released:
Aug 16, 2022
Format:
Podcast episode

Titles in the series (100)

Let’s face it, Real estate education has lost the script. Everybody “claims” to have the secret sauce. They get you to sign up, get you to bite on a “magic” formula, but there’s no real tools to get there. There’s so much talk, no practical steps. It’s not instructional, it’s hype. The ideas are not focused on your success, it’s focused on theirs. And to make matters worse, too many people are in this for the wrong reasons, or have lost sight of why we do this work. For them, it’s about quick wins, bigger houses, flashier cars. This leads people to a pretty empty place. It’s about the money and nothing else. We believe real estate is a vehicle to impact the world. We believe education in this space should serve you better with instructions and practical execution so you can then serve others better in return. This show will serve people who believe in helping others and leaving a legacy, not just buying nicer toys. People who feel a responsibility once they succeed to give back and lift others up. They know entrepreneurship is about stewardship and accountability. You feel it’s your responsibility to ensure what you’ve earned is put to good use for the greater good. Join real estate experts Brent Daniels, Lauren Hardy, Chris Arnold, Rafael Cortez, Grace Mills, Brent Bowers and Chris Craddock as they deliver a Real Estate Wholesaling Blueprint inspired by greats like Robert Kiyosaki, Dean Graziosi, Bigger Pockets, Suze Orman, Dave Ramsey and Entrepreneur on Fire. Join the Wholesaling Inc coaches 5 days a week as they give you step by step instructions on how to Wholesale Real Estate. This is a show about what it takes to succeed as a real estate wholesaler and investor. Unlike other shows about similar topics, only we provide specific instructions for entrepreneurs who believe in using real estate as a means to marry profits and purpose. This Podcast is NOT about theory, stories or fluff. It’s all about taking MASSIVE action and following instruction rather than more education (most people get stuck in “education mode”). Each episode is JAM PACKED with “step by step instruction” so you can literally duplicate the success of our guests and go out there and start making money TODAY in wholesaling. In every episode, we put our guests in the hot seat and deep dive a recent deal they’ve done…usually all in about 30 minutes or LESS! Specific details include: EXACT marketing methods used to find properties (Direct Mail, Cold Calling, Text blasting, Radio, PPC, Bandit signs, TV Ads, etc), techniques for buying and selling the deals, next level negotiation and closing strategies, and even the exact dollar amount made on every deal! Whether you’re a newbie or a seasoned investor, if you’ve ever thought about starting (or growing) a wholesaling business, you’re in the right place. Come be a fly on the wall and listen in on these conversations as our guest’s spill their guts. It's the only real estate wholesaling Podcast you'll ever need to listen to.