5 Skills Every Wholesaler Must Learn to Make Money In Any Market » 1343

07/19/24 • 11 min

Whether you're doing vacant land or houses or commercial or residential apartments, all wholesalers need the same five skills to make money in any real estate market. It doesn't matter if the market is sideways, if it's flat, if it's hot, or if it's cold. Here, I’m sharing the five skills you have to master if you want to do deals. I know this from my own personal experience, and this is also something I've coached thousands of people on.

This is very important stuff to know because it is going to save you a lot of hassle and frustration. In addition to the five skills I cover here, you also have to master the three gems to success: marketing, momentum, and mentors. Once you get the ball rolling and have a system in place, everything starts to get a whole lot easier.

What’s Inside:

—The five skills every wholesaler needs to make money

—The three gems to success in real estate

—Why it’s so important to become brilliant at the basics

What’s Inside:

—The five skills every wholesaler needs to make money

—The three gems to success in real estate

—Why it’s so important to become brilliant at the basics

Previous Episode

TOP Real Estate Software to Automate Your Leads » 1342

Here, my good friend Rob Swanson joins me to talk all about how FreedomSoft can transform your real estate business. It’s an incredible tool. One thing I learned early on in my real estate investing career is the importance of “no lead left behind.” Whatever tool you’re using, you have to have a system that prevents leads from falling through the cracks. The money is made in the follow up, right?

I use FreedomSoft every day. I use it for houses. I use it for land. I use it to do my direct mail. I use it for my phone numbers. I use it for my websites. I use it for digital signatures. There's going to be lists for land that you can get excited about. Yeah, did I mention skip tracing? You can do cold calling, create your contracts, create automated workflow automations, and much more.

To get my signature edition of FreedomSoft, go to FreedomSoftJoe.com.

What’s Inside:

—Why you need FreedomSoft in your real estate business

—How FreedomSoft helps you capture every lead so none get lost

—How to get my signature edition of FreedomSoft

Next Episode

How to Find More Money than You Need for Your Deals » 1344

You sent out the postcards. You've gotten the leads. You started making offers. You got a good deal under contract. What are you going to do now? Where are you going to get the money to buy the deal? Maybe you can just do an assignment, a quick wholesale, or get transactional funding, but it’s getting harder and harder to do wholesale deals in this market. You can’t list a property you don’t own, and you have to be a licensed realtor. Certain states are passing restrictive laws on wholesaling. If it’s not a law in your state yet, it soon will be.

So how do you get around this? Where do you find the money to close on these deals? First of all, understand that when you have a good deal, money will find you. You've got to believe that money is abundant. It's there; you just need to focus on finding good deals. You’ve got to get rid of those limiting beliefs telling you to have it all figured out first. Just get the deals. Get a good deal under contract, and the money will find you.

What’s Inside:

—Why it’s getting harder to wholesale

—Strategies to find money for deals

—Benefits of joining Joe’s inner circle