WIP 2071: The 5 Filters I Use to Find the Best Wholesale Deals

Are you pulling lists of distressed properties but still struggling to find motivated sellers who actually have equity? In this tactical solo episode, Brent Daniels reveals the exact five criteria you must apply to every list you pull to uncover the most profitable wholesale deals in your market. 

Brent explains why buying properties under 2,000 square feet attracts the highest number of cash buyers, why targeting homes built before 1990 guarantees the deferred maintenance needed for a deep discount, and why focusing on individual owners over corporations will drastically improve your conversion rates. Stop wasting time calling dead leads and start laser-focusing on the true hidden gems. Be a part of the TTP training program now.

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Show notes:

• (0:00) Beginning of today’s episode
• (0:53) Why 6 to 10 percent of the U.S. housing market is always in distress
• (2:07) The specific tool Brent uses every day to pull and filter motivated seller data
• (2:37) Filter 1 (Length of Ownership) and why you must target owners who bought before 2021
• (3:18) Filter 2 (Size of the Property) and the 2,000-square-foot rule to guarantee a fast flip
• (4:21) Filter 3 (Age of the House) and why targeting homes built before 1990 ensures maximum distress
• (5:02) Filter 4 (Individual Owners) and why you should skip LLCs and trusts when you are starting out
• (5:35) Filter 5 (Single Family Homes) and why this property type provides the largest pool of end buyers
• (6:40) The quote that changes everything, "The deal of a lifetime comes around once a week"

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Resources:

• TTP Data
• 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/