WIP 2021: He Made $3 Million Driving Around Looking at Ugly Houses

Are you tired of fighting over the same high-equity lists as every other investor in your market? In this episode, Brent Daniels sits down with Rob Schimmenti, a relentless real estate entrepreneur from Queens, New York, who has generated an astounding $3 million in profits using one simple, traditional strategy, which is Driving for Dollars. 

Rob breaks down exactly how he built a massive, untouchable database of over 41,000 highly distressed properties by manually scouring the streets and targeting the ugliest houses in his area. Rob also shares his complete blueprint, including his unique job-posting framework for hiring top-tier commission-only cold callers, why he transitioned from wholesaling to flipping massive hoarder houses, and the specific trust-based direct mail designs that are doubling his callback rates. Stop searching for the easy button, get in your car, and start building true wealth. Be a part of the TTP training program now.

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Show notes:

• (0:00) Beginning of today’s episode
• (1:15) Introducing Rob Schimmenti and his $3 million driving for dollars success story
• (2:57) Adding 1,500 to 2,000 highly distressed properties to the database every single month
• (4:06) Understanding the fundamental strategy and visual criteria of driving for dollars
• (5:52) Dramatically reducing marketing expenses and eliminating competition with manual lists
• (7:23) How to successfully structure and pay commission-only cold callers for lead generation
• (9:26) Using a powerful job posting framework and video screening to find the perfect hires
• (13:53) Why transitioning from traditional wholesaling to flipping can yield massive profits
• (15:18) The critical importance of understanding construction lingo when managing contractors
• (17:33) Designing large, custom trust-based direct mail pieces to double callback rates
• (19:49) Utilizing BatchLeads for high-quality skip tracing and efficient single-line dialing
• (22:22) Breaking down Rob's very first miraculous deal that proved the driving concept
• (25:52) Turning your vehicle into a mobile university for continuous real estate education
• (27:21) Analyzing a $150,000 Mastic Beach hoarder house that netted a $95,000 profit

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Resources:

• DealMachine
• BatchLeads
• BiggerPockets
• Rob's Website: Fliplaunch.com
• Brent's Free Blueprint: Wholesalinglaunch.com
• Rob Schimmenti on Instagram: @robschimmenti
• Brent Daniels on Instagram: @realbrentdaniels
• To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Want to know how top real estate wholesalers and investors are finding and closing deals in today’s market?

Join Brent Daniels, Todd Toback, Logan Fullmer, Gal Shmukler, Ryan Zolin, Brandon Jarvela and Brian North LIVE in Phoenix, October 8–9. Learn what’s working now with MLS deals, novations, title deals, multifamily, raising capital, sales and negotiation.

Seats are limited! Reserve yours before they’re gone:

 https://www.wincsuperstarretreat.com/