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Wholesaling Property: The Ultimate Guide to Success | EP. 64

Wholesaling Property: The Ultimate Guide to Success | EP. 64

FromThe FasterFreedom Show: Change the Way You Think About Freedom


Wholesaling Property: The Ultimate Guide to Success | EP. 64

FromThe FasterFreedom Show: Change the Way You Think About Freedom

ratings:
Length:
35 minutes
Released:
Feb 27, 2023
Format:
Podcast episode

Description

What does it take to get into wholesaling property — and then succeed? Sam has another handsome bald man (not Lucas) as his wingman today: FasterHouse’s Dennis ‘DJ’ Montgomery. DJ is sharing how he went from rehabbing houses for people (after studying plumbing) to seeing a fat $3K paycheck for a wholesaler and realizing that there were easier ways for him to make money.Appreciating and understanding wholesaling is what this episode of The FasterFreedom Show is all about. There's authenticity when it comes to connecting with the seller, and there’s a relationship that needs to be managed with the estate agent. There’s always opportunity, regardless of what the market is doing, and there are ways to expand your network over time in smart, entrepreneurial ways. Sam and DJ unpack wholesaling in a clear and concise manner, doubling down on the pros and avoiding any long cons as they write down the numbers (on paper) and show those numbers to the seller, all the while preaching transparency and upfront honesty. This is a refreshing insight into what it takes to be the ‘middleman’ in a deal, while still ensuring that it’s a win-win for all involved in the deal.  “If you’re going to buy a house and you’re going to shop it for a buyer, tell them that you’re going to bring buyers through, explain to them that you are able to bring investors that they wouldn’t be able to find otherwise.” - Dennis Montgomery “You have to be yourself.” - Dennis MontgomeryIn this Episode:-DJ’s origin story (interested in property at 18) -Leveling up: wholesaling 50 to 60 houses in a year-Why non-marketed leads are the best leads-What makes a good agent — and why wholesalers should stay friends with them-How to do wholesale risk-free-How do contingencies come into play in wholesaling?-What does it mean to ‘Dog and Pony Show’ someone’s house?-Being upfront and honest gets you a long way-Physically writing the numbers down and being transparent with the seller-Sitting down and being ‘on their level’ (literally) when you make an offer-Being human and finding something to relate to as the wholesaler-Investing in yourself by learning how to wholesale property-Writing handwritten letters to homeowners in your neighborhood asking if they’re willing to sellAnd more!Connect with Sam and Lucas:- Website - https://fasterfreedom.com/- Instagram - https://www.instagram.com/samfasterfreedom/- Facebook - https://www.facebook.com/SamFasterFreedom/-
Released:
Feb 27, 2023
Format:
Podcast episode

Titles in the series (100)

It’s time to take control of your future and secure monthly cash flow. Not talking about your annual raise or getting a bigger bonus check, either. We’re talking substantial wealth that can transform your life and the generations that come after you using the power of real estate investing. If you have been plugging away at the same job for years and feel like you should be way further along by now, making substantially more money, You are not alone. So many people regret not taking action sooner, so they stick with the dead-end job and nothing ever changes. But the good news is it’s not too late, and by listening to Ordinary Guys, Extra Ordinary Wealth you’ll already be well on your way to financial freedom. Ordinary Guys, Extra Ordinary Wealth is going to teach you the exact methods that have helped hundreds of people go from making their first investment with no experience, to multi-millionaires with incredible portfolios that generate monthly passive income… and the best part, they did this without using any of their own money. Your hosts, Sam Primm and Lucas Walls started investing in real estate on the side, just like you. These two took their venture from side hustle to full-time job, and now own $40 million in rentals and counting (without using any of their own money). That has blossomed into an umbrella of industry-related companies that enhance and support their ventures. And really, they’re just a couple of normal millennial guys from the midwest! If you’re ready to take control and learn real estate investments the simple way, join the passive wealth club, grow a multimillion dollar portfolio, and even have fun doing it, Ordinary Guys, Extra Ordinary Wealth is a must-listen podcast. Follow the show now so you don’t miss a single episode.