To build an inventory of wholesale property listings, you have to prospect sometimes.
That is to say, you will have to get on the phone and talk to seller prospects if you are into acquisitions.
There are 2 sides of the wholesale business:
In this lesson, I will talk about how to outshine and survive any type of crisis that will inevitably kill most wholesale real estate business such as Covid-19.
You will also understand the difference and distinction between a signed contract and a deal especially in time of crisis.
Finally, I will elaborate on why you should be scared and what to do to make the most money you’ve ever made in your life.
Below is a question for us to address with this lesson...
“Just got my first corona curse out while cold calling.
I make my pitch and the seller says
Are you F**k**G kidding me with all of this S**! going on.
You wanna call to buy a house?
I will F**k**G hunt you down.
Do you hear me?
Don't you ever call my F**K**G number again.”
ANSWER - I’m surprised people are still cold calling.
It was challenging before the pandemic and now it's 10xed hard!
Homeowners were stressed out prior to the pandemic and now its daily worry.
If your target market is over 60 please stop calling them out of pure decency.
They are the most vulnerable group.”
“After a year of being in the business.
I’m thankful to have had 7 contracts (now 8 as of today) that didn’t close.
10 sellers to not sign contracts after verbally accepting contracts.
20+ appointments some sellers didn’t show up to.
Winning a few bidding wars. Losing most of them.
Hosting meetups & taking time to help others & just talking to people about what I’ve experienced.
I just wanted to tell anyone reading this that if my ass can do this business you can too!!”
“It may not be the time for you...gotta speak for yourself.
I just got 2 more properties under contract today...well one today and the other docusign is being sent tomorrow…
This business is simple but if you’re not doing the simple things to be successful you’ll quit on yourself.”
Enjoy the video.
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
myEmpirePRO :|: http://myEmpirePRO.com