There’s only a handful of “lists” that we market to as real estate wholesalers.I’ll list them in the next few seconds. Just know this….NONE of these lists will work if you don’t execute a marketing plan (See question #1). So here’s the lists that you can start with:
Delinquent Property Taxes
Quit Claim Deeds
You can certainly work your ass off driving for dollars, knocking on doors, and making cold calls in order to find those motivated sellers that you need. But that’s not a sustainable business model. In order to create a real business for yourself with NO MONEY to spare, then you must FULLY understand and accept that it’s going to be a slow process for you. You will have to be patient, consistent, and diligent. And when you do close your first couple of deals, scrape 50% off the top to put back into your business/marketing campaigns.
As much as you want to make. That’s the most beautiful thing about being in the real estate business. You create your own path. By creating a business for yourself, you determine just how far you can take it. The sky is the limit.
And there you have it. The top 5 questions that I get asked by real estate newbies along with my “what you NEED to hear” answers.
If you can get past the truth in these answers, then you’ll be able to move on to the next set of most popular questions that are asked. But lets get past these first.
I want to see everyone succeed that starts their journey as a real estate wholesaler, but the truth is, only 5% will. So be the 5% that makes it through the learning curve and frustration. After that, the ride is smooth!