So here‘s the deal. There are a lot of webinars, a lot of coaches, a lot of programs, a lot of stuff in general out there directed at you. Directed at new wholesalers trying to learn this business, or new real estate investors trying to learn this business. And that is a business in itself. All of these guys have programs, and granted, some of them are great. Some of them are really good programs, really good systems. But I don't want you to be confused, and I don't want you to be caught up in all of the flashy webinars, and all of the claims that you're going to make $60,000 in 30 days flipping your first house. I hate to be the one to tell you, but it doesn't work that way.
If you're new to real estate wholesaling, you need to figure out how to find motivated sellers. Now, if you're on Facebook, or BiggerPockets, or any of these websites, you are likely getting all the wholesaling guru pop up ads. So all day long you see ad after ad all telling you, "I've got a system where you just turn it on, and it's going to give you 10 leads a day or 15 leads a day" or "Oh, I've got chat bots bringing me leads in all day long." There is a lot of stuff out there and a lot of nonsense products that other people are out promoting. I can't knock them for that! If I had a product to sell I’d be out there promoting it too. But right now I want to make a post and tell you the truth about wholesale real estate marketing. I’m going to discuss the products everyone talks about and tell you what works, what doesn't work, what the costs are, and how effective it'll be for you. Hopefully, this video will give you a good understanding and realistic expectation of what will and won’t work for you.
Real estate investments, when done right, can yield huge profits. Those who have years of experience under the belt usually know exactly what type of real estate to invest in, when to invest, and what type of investments they should ideally make. Unfortunately, for anyone still new to the real estate investment game, knowing where to get started can be daunting. One way to get going is to find probate real estate leads and to make appropriate investments, which can be used to profit from the transaction in the end.
I'd been in this business for several years before I heard the term "Reverse Wholesaling" and one day I decided to look it up to satisfy my curiosity, to my surprise I'd been reverse wholesaling all along. Since then I've learned a lot more about this business and I still believe reverse wholesaling is the best way and I'd like to explain why but first let me answer the question, what reverse wholesaling?
Do you want to be successful at wholesaling real estate? If you really want to know how I'll tell you but I have to warn you that my method Doesn't require you to buy any expensive program. (If you're looking for something that will magically get you deals turn back now)
My method is old school and that's probably why it works well for me because its dramatically different from what anyone else is doing. Even the few that are doing it are doing it wrong in my opinion and that creates a great opportunity for me (and anyone that reads this blog!)
Okay, you probably already figured out it's Driving For Dollars because you read the title or looked at the picture (you're so observant, that's what I love about you)...
The real estate market has heated up, and the competition is greater than ever before if you’re a real estate wholesaler out there looking for motivated sellers. The days of sending yellow letters to a big list of absentee owners and getting your phone ringing off the hook is a thing of the past.