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Wholesaling Real Estate & The FEAR of getting started

10/25/2018

9 Comments

 
9 Comments
Destiny McLaurin
11/5/2018 09:00:26 am

My biggest concern is the actual communication between the seller and I. First impression is everything so I want to make sure that I sell them with our first conversation. I need a good template on what to say to sellers so it doesn’t sound like a scam or like I don’t know what I’m talking about.

Reply
David @ The Wholesalers Toolbox
11/11/2018 07:26:13 am

Destiny, I'm working on The Wholesaling University to walk people through the whole process step by step. If you haven't done so already sign up for the newsletter, subscribe to the Facebook group and YouTube channel. I'll send out announcements as soon as the course is complete.

Oh and by the way the the course will be completely free!!!

Thank you for visiting the website.

David

Reply
Jackie
11/10/2018 01:29:32 pm

I am very nervous of failing.
I have last year when i started out becoming an "wholesaler" I called a bunch of realtors trying to get them to send me distressed properties and when they did. I always got the irritated attitude that i would always have to says that that is not a wholesale deal. i need really bad properties. after awhile they would just give up on me. so i never got to the point where i was talking to the sellers.
it has been a year and i am feeling really low that this is difficult. also the other part that scares me is getting the ARV wrong.
Thank you for all your videos.

Reply
David @ The Wholesalers Toolbox
11/11/2018 07:38:23 am

Jackie, a real estate wholesaler needs to become an expert at finding "off market'' deals to put under contract. Any investor that you deal with can easily go to a realtor and get the same list of properties so you bringing them those same properties brings no value to them.

Identifying, marketing to, and negotiating with distressed is what you need to focus on. Don't get discouraged, it can be tough at first.

Just like flying an airplane you have to give it full power in the beginning to get off the ground. But once you get up there you can pull pack on the power and just glide along.

I'll be rolling out Wholesaling University pretty soon so stay tuned!

All The Best

David

Reply
Marlon
12/23/2018 07:12:43 am

What I feel like would be my biggest road block would be , not knowing the market so well like all the other experience wholesalers out there and knowing exactly what to say and do so I don’t say the wrong thing and mess up a great deal and assembling all the contracts doing it the right way and learn a little more about the legal aspect because I don’t want to get sued, another thing is I’m young I’m 19 and I don’t think a lot of ppl would work with me because I’m so young doing this, but I’m really hungry and ready to dive in but just don’t know where to start.

But you have great content , I also signed up for the university I hope it’s almost done I’m ready to start and looking forward to doing my first deal.

Reply
David @ The Wholesalers Toolbox link
1/5/2019 03:09:43 pm

Marlon, I know EXAXTLY how you feel! I started my first sales job when I was 23 and everyone in the business was much older and it took time for me to get comfortable doing it.

60 years from now do you think you'll look back and say "man I'm glad I played it safe and never tried anything that made me uncomfortable"?

Lot's of young guys do well as long as they're knowledgable and professional.

Check out this video I made about speaking to cash buyers maybe it will help. https://www.youtube.com/watch?v=ls_z2Rp3KhQ&t=130s

Good luck!

David

Reply
Ms. Orelene
3/23/2019 06:32:13 am

Hi, my biggest concern is talking to the Buyers and Motivated sellers. I'm looking to make my first deal soon! So many people want money just to mentor you. This is why I'm trying to wholesale to get the money I need to get started on flipping & fixing properties.

Reply
David link
4/8/2019 01:11:25 pm

Ms. Orelene you dont need to spend money on a mentor to learn the business, there are other ways.

Watch this YouTube video I've made on the topic
https://www.youtube.com/watch?v=fwSVInvA-5s&t=228s

Much Success!

David

Reply
Shelia
4/20/2019 06:35:44 pm

My fears are talking to sellers, not having enough money for marketing, etc. I live in California where homes are high, I would like to partner with someone to show me how to do this. I only went to one REIA meeting recently but just sat in the back and listed to the information.

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  • Home
  • Wholesaling University
  • Wholesalers Blog
  • The Toolbox
    • The "Toolbox"
    • DealMachine Review
    • Wholesaling Spreadsheet
    • Real Estate Photography Pro Review
    • Capital Syndicate Review
    • REI Trifecta
    • My Private Toolbox
    • The 10 Hour Wholesaler
    • Investor Carrot Websites
    • Code Violations
    • Probate Real Estate Marketing Letters
    • Driving for Dollars
    • Mobile Wholesaling
    • Loan Signing Agent
    • Investor Friendly Title Company Directory
    • Mobile Home Investor Websites
    • Virtual Driving For Dollars
  • YouTube
  • Wholesaler Directory