Among real estate investors today (especially the newer wholesalers among us) it’s increasingly popular to talk about “co-wholesaling” houses, and how it’s maybe the greatest thing since those little Delta Airlines Biscoff cookies.
Well honestly – and this may be surprising to some who know me – I’m not the biggest fan of the way I see many real estate investors doing co-wholesaling today.
I mean I get it, I really do. As discussed in my last blog post Wholesaling Explained: How to Flip Houses for Quick Cash, there’s just no easier or cheaper way to break in and start generating chunks of cash in real estate than wholesaling… and add to that the idea of getting paid for bringing only half the deal to the table, and “co-wholesaling” seems even sexier. Keep reading, you’re doing awesome…
Today I want to share yet another fun episode in my little Survivor Success Stories reality show I’ve got going. If you’re playing along at home, we’ve covered some pretty awesome ground just recently, like:
Today’s is another from the Tenacious D(dealmaker) himself, Cy—a fun, little video he made right from his car driving away from the title company with another solid $15K payday in hand.
OK, so $15,009.50 to be exact. 🙂 Keep reading, you’re doing awesome…
Today, I have a really interesting deal story to share with you. And by interesting, I mean crazy!
What you’re about to hear comes right from the mouth of a guy named Cy, who I’ve been coaching for a while, sharing his real-life, first deal story. And boy, was it a doozy.
After recently sharing 25-yr old Dan’s first deal story, and Alain’s story where he pocketed $101.80 per minute on his first deal, I figured we should also maybe see the other side of the wholesaling houses coin: When a deal goes crazy sideways… and you still make great money on the other side of it.
Cy’s deal had as many twists and turns as a crossword puzzle, but with some moxie and raw tenacity, we made it all work out awesomely together. With quite a few years (and hundreds of deals now) notched on my belt, many would call me fairly skilled in the wholesaling houses game—especially 10 Hour Wholesaling. But this deal definitely threw me and Cy a few interesting curve balls. Keep reading, you’re doing awesome…
Hello boys and girls, got another thrilling win to share with you. Today’s hang-ten high-five goes out to Alain—yet another dude I have the privilege of walking beside as he builds a business. Alain just crossed that huge “first deal milestone” for a tasty $9,162 payday.
BOOM! (all caps this time)
Hey, something I gotta share real quick—a sudden insight I just had after a call with a guy I’m currently mentoring…
Contrary to public opinion sometimes, I have challenges. Just like anyone else. Difficulties, hardships, sucker-punches, or whatever you want to call them. I got ’em.
Just because someone has reached a lifestyle you desire does not mean they don’t have obstacles and problems anymore. Heck, they only get bigger!
Solving bigger problems and fighting bigger battles means you’re playing at a bigger level.
So honestly, I don’t want to fight small battles and make small decisions—I want big decisions and problems to fix. Consider… Keep reading, you’re doing awesome…
Hey guys, Justin Wilmot here!
I just wrapped up a killer phone call with someone that’s got me freaking stoked, and I really want to share it with you, right now while it’s fresh. It’s from a weekly Mentoring session where my boy Dan Kurdyla (only 25-yrs young) reported how, after nearly throwing in the towel so many times, he finally landed his first wholesale assignment deal to the tune of a solid $7,500 payday.
Nicely done, Dan! 🙂
Interestingly, Dan’s big win here is really more than just about the money (though it’s sure nice!) but also the priceless lessons crossing that first deal finish line has taught him.
These are some hard-earned lessons you will never unlearn and always benefit from, Dan. Lessons that sure as heck took me a lot longer to learn myself back when I was ‘failing-forward’ with my own budding 10 Hour Wholesaler operation back in the day.
Rather than me say it, let’s hear it right from the horse’s mouth. (ha, no offense brother!) I don’t normally do this, but here’s a tiny clip from our recent 90-min group Mentoring call where Dan spills the beans from his own lips…
Hang onto your hat, because you’re about to get an inside look at how I’m able to own and run a very successful and profitable wholesaling business…with only around 10 or so hours of my time involved each week.
Yes, totally serious and totally honest.
And because of this, I get to actually enjoy my life, spend heaps of time with my family, travel frequently to amazing places and even surf to my heart’s content (I love surfing!).
But hey, if you’re already thinking, ‘Yeah right, sure, sounds too good to be true…’ let me just say that I get that. I hear ya…
I mean, even I struggled with believing anything like this was actually achievable – having an ultra successful investing business without investing an ultra amount of time. I remember so well how my first months in all this were full of doubts, frustrations and limiting (but normal) beliefs too—at first.
But thankfully, not only did I not let myself give up, but all these things actually ended up helping me discover a new and better approach to wholesaling houses—one that most investors I’ve met aren’t really dialed into yet. And, it turns out, it’s a much easier path actually—one that still makes me piles of money but with a fraction of the time and effort others have to put in.
In just a sec, I’m about to lay out for you my exact 3-step process for exactly why and how I’m able to enjoy a solid full-time income wholesaling houses for quick cash, with only a part time effort.
I really think it’ll help you understand even better if I kick this off with a quick snapshot of ‘my origin story’ in real estate, so you can understand how I’m not really all that special (don’t tell my wife though) and how I got to where I am today.
Then, we’ll dig into:
⇢ How wholesaling houses goes for most people
⇢ What I think is wrong with it (at least for people like me)
⇢ How I see people typically screwing it up
⇢ My exact 3-step process
And really a whole lot more. But fair warning: