Info

EMPIRE LIFESTYLE

Ola "Mr Tux" Abitogun is the Creator of myEmpirePRO. We talk about real estate, wholesaling houses, entrepreneurship, building empires and more. He is a computer engineering and engineering management graduate from New Jersey Institute of Technology; class of 2004/5. He was born in Dallas Texas and raised in Nigeria. Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly he is husband and father to their 2 Boys. Ola is personally responsible for $3+ Million in revenue within his first 24 months and continues to shatter through caps since. He has also been personally involved in helping 1,000+ entrepreneurs around the world. FREE PDF Download: Empire Lifestyle Secrets http://myEmpirePRO.com
RSS Feed Subscribe in Apple Podcasts
EMPIRE LIFESTYLE
2020
November
October
September
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December


All Episodes
Archives
Now displaying: Page 1
Aug 26, 2019

BOOKS DOWNLOAD ➡️ http://SmartRealEstateWholesaling.com 
SUBSCRIBE ➡️ http://bit.ly/SubonYouTube 

As part of our Q&A series on wholesale real estate, in this episode will address the question of which prospects to go after first.

Should you find a motivated seller first or build a cash buyers’ list?

In a full blown wholesale operation, you will discover quickly that those are 2 different roles or jobs that just happen to be in the same business.

With that in mind, let’s take a look at today’s question and answer it comprehensively.

QUESTION From Michele Y

“Hi guys still educating myself on wholesaling I’ve been on Craigslist looking at houses (working up to making my first call soon I’m kinda nervous) any tips on what to ask? Also Is it better to find the motivated seller first or cash buyer? I’ve heard it’s better to find buyers first. Thank you!”

ANSWERS****

Paul S: “Personally finding a deal you can wholesale that the end buyer can make a good profit on is the hardest part. Cash buyers are always looking for deals. So if you have a good deal and advertise it. Shouldn't have any problem finding a cash buyer. If you want to meet them go to your local foreclosure auctions and introduce yourself if you find one then tell him what you got they would probably tell you in a matter of minutes whether it's worth their time”
*****
Donny D: “Don't listen to Paul. Get you at least 5 to 10 buyers so you have people to flip to. What if you lock up the property and can't sell it? Then you screw the seller which isn't fair & your reputation hits the toilet. That way if you already have buyers you will always sell it as you match their criteria. Take it from someone who has wholesaled multiple deals.✔️”

*****
Paul S actually has a better answer simply because he said to lead with value.

Donny D... we don’t care how many deals you’ve closed bro. I can bet $2,000 you’ve never closed more than 2 deals if any, based on your answer to this young lady.

Michele Y, you need to learn marketing. That’s the single most important answer you can get.

But to answer your actual question.

What to ask? Ask...

1.) If you are talking to the right person.

2.) If they own the subject property you are calling about.

3.) If they are open to a cash offer that can close in 10-15 days on the subject property.

Is it better to go after motivated seller first or cash buyer?

There are 2 ways to answer that question.

1st way....

I am a cash buyer and I have access to all the cash buyers you need.

If you had to choose, set up marketing and start attracting motivated sellers into your pipeline.

You can build your buyers list as you go. You can also learn professional level online marketing to build buyers list.

None of that is overnight. It takes time but well worth it.

2nd way...

Which of the 2 prospects (motivated seller or cash buyer) would you enjoy funneling value to consistently?

Find out the answer to that and focus on it.

If it’s motivated sellers, go after them and leverage other people to get your cash buyers.

If it’s cash buyers, others who are finding motivated sellers will fall in love with joint venture with you.

If you are truly bringing value to one side of the equation, the other will show up everywhere in abundance.

The common denominator here is to invest in yourself and skills to become a professional marketer.

I hope that helps. Bests of luck.


BLOG POST - https://myempirepro.com/blog/ 

ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.

He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.

Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.

GET MY BOOKS ON AMAZON
https://amzn.to/2VRzdvE 

FREE @ AUDIBLE
SMART REAL ESTATE WHOLESALING - https://adbl.co/2OeYqI2 
REAL ESTATE MONEY SECRETS - https://adbl.co/2HuHPQa 

FOLLOW OLA ONLINE HERE:
Instagram :|: http://instagram.com/iTuxB 
Facebook :|: https://www.facebook.com/iTuxB 
Twitter :|: http://twitter.com/iTuxB 

PODCAST
iTunes :|: http://apple.co/2ktmxnn 
Stitcher Radio :|: http://bit.ly/2j56O1N 

WEBSITE
myEmpirePRO :|: http://myEmpirePRO.com 

#RealEstate #RealEstateWholesaling #SmartRealEstateWholesaling #myEmpirePRO #OLATuxAbitogun

0 Comments
Adding comments is not available at this time.