WIP 2017: The 8 Do’s and Dont's of Wholesaling Real Estate (Part 1)

Are you stuck in the "education loop" without any real checks to show for it? In this episode, Brent Daniels breaks down Part 1 of his foundational 8 Do's and Don'ts of Wholesaling Real Estate. Stop striving for perfection and start taking massive imperfect action! 

Brent explains why you must master the art of discovery instead of just trying to be a "master closer," why you make your money when you buy (not when you sell), and why isolating yourself as an island will set your business up for failure. Discover how to effectively navigate seller conversations, lock up real opportunities, and build a powerful local network. Be a part of the TTP training program now.

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Show notes:

• (0:00) Beginning of today’s episode
• (2:44) Why you must escape the education loop and focus on massive imperfect action
• (4:42) How Brent wasted four years stuck in the education loop before getting his first deal
• (7:14) How to easily contact property owners and the six typical responses you will hear
• (9:39) You make your money when you buy, not when you sell
• (12:44) Why you should strive to master finding great deals before becoming an investor
• (15:48) Stop trying to be a "master closer" and start mastering the art of discovery
• (18:08) Utilizing the four pillars of pre-qualifying to determine true seller motivation
• (20:11) How to effectively compress a seller's timeline and discover their true objections
• (21:44) Market differences and Brent's strategy for navigating the 2008-2011 foreclosure era
• (29:43) Why isolating yourself as an island will ultimately destroy your wholesaling business
• (33:22) Finding your local real estate tribe to dramatically cut your learning curve tenfold

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Resources:

• Rich Dad Poor Dad
• PropStream
• DealMachine
• BatchLeads
• True People Search
• BiggerPockets
• 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/