Life Changing Relationships: The Wholesale Deals & Dating Diary
05/14/24 • 19 min
#013 In today's episode, we're taking a closer look at how the quality of our relationships can dramatically influence our personal and professional lives. We'll hear firsthand about the challenges and successes in the world of real estate wholesaling through some real world examples, including a problematic negotiation influenced by a wife who sold her home without telling her husband and the conversation Watson had with the man. And we'll discuss the importance of servant leadership and how cultivating a team to operate independently in pursuit of business efficacy is not only a blessing but a requirement in the real estate space today.
Adding an intimate layer to our conversation, Watson shares his personal reflections on dating and finding the right partner. We'll explore how personal connections can either propel us forward or pull us back, and we'll even recount a unique run-in with law enforcement that turned into an unexpected interaction! Join us as we dissect the importance of surrounding ourselves with the right people in both business and personal spaces, and share how this philosophy can have a deep imact in life and business. So plug in those headphones and get ready for a blend of business insights and personal revelations here on The Whole(sale) Truth.
0:00
Intro
Being Of Service While Being Selective
The Gary Vee Way
Leading With A Servants Heart
Proverbs 21: 9 Better To Live On The Roof Bro
Dating Diary Entry
Fresh Out Of Rehab, Seller Goes Under Contract???
Relationship Philosophy: Good Women Make Great Men
Confronted By An Officer.... What The?!?!
Outro- Visit the New Site www.thewholesaletruth.com
Subscribe to The Whole(sale) Truth Podcast and follow me on instagram @i.m.watson
Propstream- 7 Day Free Trial
Subscribe to our Newsletter and Get the Agreement of Sale and Assignment Contract that Watson uses for FREE!
www.thewholesaletruth.com
#013 In today's episode, we're taking a closer look at how the quality of our relationships can dramatically influence our personal and professional lives. We'll hear firsthand about the challenges and successes in the world of real estate wholesaling through some real world examples, including a problematic negotiation influenced by a wife who sold her home without telling her husband and the conversation Watson had with the man. And we'll discuss the importance of servant leadership and how cultivating a team to operate independently in pursuit of business efficacy is not only a blessing but a requirement in the real estate space today.
Adding an intimate layer to our conversation, Watson shares his personal reflections on dating and finding the right partner. We'll explore how personal connections can either propel us forward or pull us back, and we'll even recount a unique run-in with law enforcement that turned into an unexpected interaction! Join us as we dissect the importance of surrounding ourselves with the right people in both business and personal spaces, and share how this philosophy can have a deep imact in life and business. So plug in those headphones and get ready for a blend of business insights and personal revelations here on The Whole(sale) Truth.
0:00
Intro
Being Of Service While Being Selective
The Gary Vee Way
Leading With A Servants Heart
Proverbs 21: 9 Better To Live On The Roof Bro
Dating Diary Entry
Fresh Out Of Rehab, Seller Goes Under Contract???
Relationship Philosophy: Good Women Make Great Men
Confronted By An Officer.... What The?!?!
Outro- Visit the New Site www.thewholesaletruth.com
Subscribe to The Whole(sale) Truth Podcast and follow me on instagram @i.m.watson
Propstream- 7 Day Free Trial
Subscribe to our Newsletter and Get the Agreement of Sale and Assignment Contract that Watson uses for FREE!
www.thewholesaletruth.com
Previous Episode
The Ins & Outs Of A Wholesalers Real Estate Purchase & Sale Agreement
In today's episode of The Whole(sale) Truth Podcast we're diving deep into the essentials of a wholesaler’s real estate purchase and sale agreement. We will unpack the critical elements that every real estate wholesaler should understand—from navigating the conversation around who pays closing costs, to the vital "property sold as is" clause. Watson also shares his personal experience, with what happened after he added the offer to pay for moving expenses and Airbnb expenses to the contract which turned into an unpredictable stay in Philadelphia for the seller.
We’ll discuss risks, and how the terminology in the agreement can play a big role in the transaction, especially when a lender calls up and says they aren't closing because the property collapsed. (Yes, that happened) and how to avoid losing your earnest money deposit.
Prepare to gain insights on how to structure your agreements to protect your interests and learn Watson's best tip to make sure a seller doesn't ghost you when it's time to sign on the dotted line. So, put your learning caps on, and let’s get started on understanding the ins and outs of a wholesaler's real estate agreement!
Download the Seller Agreement Of Sale Packet Watson uses in his business everyday and follow along as he breaks it down.
Wholesale Agreement Of Sale Packet
Send an email with the word "Assignment" in the subject to [email protected] to get the Assignment Contract Packet we use to close deals with our buyers
0:00
Intro- Download My Agreement Of Sale To Follow Along
First Things First- Have An Attorney On Deck
The 3 Fold Purpose Of An Agreement OF Sale
We Put The Airbnb In The Agreement... This Happened
The Importance Of Accuracy In the Contract
#1 Description Of The Premise
#2 Purchase Price
#3 Payment
#4 Marketable Title
#5 Closing Cost, Transfer Tax, Title Fees
Subscribe to The Whole(sale) Truth Podcast and follow me on instagram @i.m.watson
Propstream- 7 Day Free Trial
Subscribe to our Newsletter and Get the Agreement of Sale and Assignment Contract that Watson uses for FREE!
www.thewholesaletruth.com
Next Episode
5 Things I Wish I Did (Plus The 1 Decision I Made) Before I Got Fired. The S.I.M.P.L.E. Method To Prep For Wholesale Career Success
#14 In this episode titled "5 Things I Wish I Did (Plus The 1 Decision I Made) Before I Got Fired: The S.I.M.P.L.E. Method To Prep For Wholesale Career Success," Watson dives deep into the fundamental aspects of preparing for a successful career in real estate wholesaling. Drawing from his own experience of transitioning from a business banking job to a full-time real estate wholesaler after an unexpected firing, Watson shares invaluable insights and actionable steps to ensure you're ready for the leap.
We explore the "S.I.M.P.L.E. Method" of wholesaling career prep, including the importance of choosing the right escrow and title companies, budgeting for marketing, planning for insurance and benefits, and the necessity of mentorship and community. Watson underscores the need for building confidence through successfully closed deals before leaving your current job and emphasizes the value of joining real estate investment associations for guidance and support.
Whether you're considering a full-time move into real estate wholesaling or looking to fortify your business strategies, this episode provides practical advice and proven techniques to set you up for success. So sit back, take notes, and get ready to unlock the potential to thrive in real estate wholesaling!
Join The Waitlist For The Wholesale High Skool Community🎓
0:00
Intro
Fired After 7 Months
What's Your Current Job Status
S- Savings (For Marketing- Google PPC, Pay Per Lead, Direct Mail, Cold Calling)
I- Insurance & Other Benefits
M- Mentorships (Join The Waitlist For Wholesale High Skool)
P- Proof Of Workmanship
L- Logistics
Subscribe to The Whole(sale) Truth Podcast and follow me on instagram @i.m.watson
Propstream- 7 Day Free Trial
Subscribe to our Newsletter and Get the Agreement of Sale and Assignment Contract that Watson uses for FREE!
www.thewholesaletruth.com
The Wholesale Truth Podcast - Life Changing Relationships: The Wholesale Deals & Dating Diary
Transcript
Like, I got a call from the seller's husband from american street who literally said, oh, we don't have to abide by the contract because Maria, she was just coming out of rehab. She wasn't feeling well. You made her sign against her will. I'm like, run. Are you kidding me? And she called me. She called me. I told her we wanted to be at $35,000. She called me and asked us if we could do the deal if we got to 38. I said, fine. She convinced me, this is the life that I l
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/the-wholesale-truth-podcast-584493/life-changing-relationships-the-wholesale-deals-and-dating-diary-74708768"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to life changing relationships: the wholesale deals & dating diary on goodpods" style="width: 225px" /> </a>
Copy