Afleveringen
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In this episode, I dive deep into a common frustration for anyone in salesâgetting ghosted. Lisa, one of my students, brought a lead to our session where the seller went silent after initially agreeing to a deal. Together, we unpacked a series of strategies to bring back unresponsive leads, from crafting simple yet powerful messages to uncovering hidden objections without feeling âpushy.â
This skillset has been essential for me, and I'm excited to show you how to use it to close more deals. Whether itâs overcoming objections or asking the right questions, the principles here are invaluable for anyone in real estate or sales.
Key Takeaways:
Record Your Appointments: Capturing interactions on Zoom or in person helps identify areas for improvement and ensures clarity on any agreements made. One Question at a Time: When following up, keep it simple. A single, no-pressure question can open up the conversation with an unresponsive lead. Ask âGo-for-Noâ Questions: Frame questions that are easy to answer with a ânoâ (e.g., âHave you decided not to sell?â) to encourage genuine responses. Stay Solution-Focused: Instead of giving unsolicited advice, help clients see that your offer aligns with their needs and goals. Sell Your Vision: Success isnât just about closing dealsâitâs about helping people see the value in what you bring, from sellers to team members. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery Undercover Billionaire -
In this episode, Iâm thrilled to chat with Sam Primm, an unstoppable force in real estate with a whopping $50 million in debt, leveraged into $70 million worth of assets. Sam breaks down the BRRRR method thatâs powered his success, from buying distressed properties to refinancing for long-term cash flow. We even dive into his recent online sparring with none other than Dave Ramsey over their differing takes on debt and wealth-building. Samâs all about smart leverage, and whether you're a seasoned investor or just starting out, his approach will leave you ready to make some power moves.
Key Takeaways:
Mastering the BRRRR Method: Sam walks us through each step of his go-to strategy for acquiring wealth without risking personal capital. Debt as a Wealth-Building Tool: Despite popular advice against debt, Sam shows how to leverage it effectively to scale and create assets. Dave Ramsey Debate: Sam and Dave have opposing views on debt, with Sam championing calculated leverage over a âno debtâ mindset. The Value of Mentorship: Sam credits much of his success to surrounding himself with mentors and like-minded investors. Building Financial Security: Sam shares practical tips for creating long-term cash flow and equity, emphasizing that even modest beginnings can lead to major growth. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery Rich Dad Poor Dad -
Zijn er afleveringen die ontbreken?
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In this episode, I had the pleasure of speaking with my friend Jerry Zebrowski from New Jersey. At 79, Jerryâs energy and dedication to learning are infectious. We dive into his vast experience, covering decades in entrepreneurship, the highs and lows of real estate, and his commitment to staying active and engaged. Jerryâs love for learning and passion for people make him an inspiring example of resilience and growth.
Key Takeaways: Value of Lifelong Learning: Jerryâs story proves thereâs no age limit on learning. Staying curious and adapting to change, like embracing Facebook ads and new tech, keeps him ahead. Relationships Matter: Jerryâs genuine care for people helps him connect with sellers and close deals. Itâs a reminder that wholesaling is as much about people as it is about property. Persistence through Challenges: From 20%+ interest rates in the Carter era to modern real estate challenges, Jerry shows that staying resilient is essential. Finding Opportunities in Unlikely Places: Jerry shares creative deal structures like "subject to" and unique approaches for complex properties. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery Homes for Everyone LLC -
In this episode, I break down the 4 essential steps to mastering real estate wholesaling. Whether you're struggling to get your first deal or finding it hard to build consistency, this episode is for you. Iâll take you through the foundations of wholesaling, from building your buyers list to finding sellers and negotiating deals. These steps have helped me go from a window cleaner to making over $1 million a year in wholesale fees. For just $7, you can join me live and ask your burning questions.
But that's not all. If youâre ready to go deeper, Iâm hosting a live masterclass where weâll dive into each of these 4 steps. For just $7, you'll get the complete blueprint of real estate wholesaling, plus real-time Q&A where you can ask me your specific questions.
Key Takeaways: Step 1 â Foundation Building: Prepare your buyers list, contracts, and title company before hunting for deals. Step 2 â Lead Generation: Source off-market deals using methods like driving for dollars, postcards, and cold calling. Step 3 â Negotiation: Learn how to ethically negotiate and secure contracts, treating sellers with respect. Step 4 â Selling Your Deals: Quickly find a buyer, negotiate multiple offers, and close deals for maximum profit. Masterclass Details: Sign up here Price: $7 Whatâs Included: A live class covering the 4 steps of wholesaling with real-time Q&A. Bonus: Access to a recording of the masterclass for future reference. Actionable Advice: Learn the full process, from finding sellers to closing deals, and get the chance to ask questions directly to me! Masterclass Registration -
Just got off the phone with a seller who turned out to be a classic tire kickerâsomeone tossing out a high price and dodging my calls. Itâs frustrating, but it happens. In this episode, I break down how I handled it, including the strategies I use to spot time-wasters early and why it's crucial to know when to pull away. If you're tired of chasing unmotivated sellers and wasting time on dead-end leads, this episode will show you how to cut through the noise and find the real deals.
Key Takeaways: Spot the Red Flags Early: Learn to recognize signs that a seller isnât serious, like immediate high asking prices or poor communication. Pre-Qualification Saves Time: How to quickly identify if a sellerâs needs align with your solutions. Pulling Away Strategy: Why pulling away from a hesitant seller can actually encourage them to engage. Inbound vs. Outbound Leads: Why inbound leads, like postcards, often result in better quality prospects than cold calls. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this classic episode guest Scott Dollinger shares invaluable insights on the journey from achieving his first wholesale deal to scaling and running a successful real estate wholesaling business. Scott, a former corporate employee, recounts his initial struggles and the pivotal moment of landing his first big deal. Illustrating the importance of persistence, the power of decision-making, and the courage to step out of comfort zones.
Key Takeaways:
Persistence: Success requires determination and not giving up. Business Growth: Transitioning to a business owner involves strategic hiring and automating processes. Effective Leadership: the Key to scaling is managing a motivated team and tackling tough conversations. Growth through Challenges: Challenges are opportunities for personal and professional development. Revenue Focus: Beginners should prioritize direct revenue-generating activities.Resources:
The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this episode, Iâm diving headfirst into the heated topic of real estate mentors, gurus, and the online hate surrounding them. I know some people lump me into the âguruâ category, and I want to address that head-on. I share my own experience with a mentor who wasted my time and money, and Iâll break down what makes a mentor legit versus someone whoâs just trying to cash in.
If youâve been burned before or are skeptical about paying for mentorship, Iâll help you figure out how to spot the difference between a scam and someone who can actually help you succeed. Letâs clear up the confusion and talk about what real mentorship should look like.
Key Takeaways:âą Avoid the âFake Gurusâ: Not all mentors are created equal. Learn how to spot the ones who overpromise and underdeliver.
âą What to Look for in a Mentor: Make sure your coach is actively doing what they teach and has a track record of helping others achieve real success.
âą Trust Your Instincts: If a mentor gives off a bad vibe or seems more focused on their ego than your growth, move on.
âą The Power of the Right Mentor: A good mentor can fast-track your success, while the wrong one can set you back years.
Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this episode, Iâm talking with Lisa, one of my students, about a strategy called âdaisy chaining,â which helped her close her first real estate deal. Daisy chaining is all about making money by connecting a wholesalerâs deal with the right buyer, without ever needing to find the seller yourself.
Lisa shares how she built the relationships that made this happen, as well as the challenges she faced along the way. We also dive into how joint ventures work, the importance of understanding your buyers, and how this strategy can create huge opportunities, even if youâre new to wholesaling. If you want to learn how to leverage connections and start closing deals without doing all the heavy lifting, this episode is packed with the insights you need to get started.
Key Takeaways:
What is Daisy Chaining? Understand how to connect wholesalers and buyers to earn profits without managing the property yourself. The Power of Relationships: Build a strong network in your real estate community to unlock more opportunities. Joint Ventures: Protect your interests and ensure you get paid by using a simple joint venture agreement. Finding Buyers: Get on email lists, use Facebook groups, and identify serious buyers for daisy chaining deals. Verify Everything: Always confirm deal numbers yourselfâdonât rely on someone elseâs comps. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
Every real estate deal is a ticking time bomb waiting to go offâa $30,000 bomb, to be exact. In this episode, I sit down with my student, Zach, who found himself right in the middle of one of those high-stakes moments. We talk about how he managed the pressure of a deal that could have either exploded in his face or paid off big time. Zach shares his journey through the ups and downs of negotiations, the stress of nearly flipping the property, and how he ultimately made a smart decision to assign the deal instead. It wasnât without challenges, but Zach's story is packed with lessons on how to navigate the delicate balance between risk and reward. If youâve ever been on the edge of a deal, wondering if itâs all going to fall apart or bring in the payday youâre hoping for, this episode is for you.
Key Takeaways:
Every Deal is a Time Bomb: The tension and pressure that comes with every high-stakes deal. Negotiation Skills are Critical: How Zach turned a difficult situation into a win by sharpening his negotiation game. Flipping vs. Assigning: The decision-making process behind avoiding a risky flip and opting for a safer assignment. Learning from Missed Opportunities: Turning past mistakes into stepping stones for future success. Keep Your Momentum Going: Why it's Important to stay focused on the next deal to keep your business moving forward. Handling Deal Anxiety: How Zach dealt with the stress of waiting for a deal to close and what kept him pushing forward. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this episode, I sit down with Bailey to discuss a crucial pivot in her business strategy. With cold calling and texting becoming less effective due to new regulations and lower response rates, we explore why switching to postcards can yield better results. We dive into how Bailey can improve her lead generation by focusing on the quality of her outreach, tracking her KPIs, and increasing her marketing budget for better returns. If you're struggling with low response rates or wondering how to adapt to changes in the market, this episode is packed with insights on why postcards might be the answer.
Key Takeaways:
Market Shift: Changes in regulations and technology have made cold calling and texting less effective. Postcards are Back: Postcards provide a higher return on investment and allow for more targeted outreach. Track Your Metrics: Understanding your KPIs is essential to see whatâs working and where improvements can be made. Smart Budgeting: Allocate 10-25% of your potential deal income toward marketing to keep a consistent lead flow. Quality Over Quantity: Focus on adding high-quality properties to your list and target them through postcards for better results. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery Don't Say That: How to Advertise Without Getting Sued by the FTC and Other Agencies -
Ever hit a wall where buyers just arenât biting, no matter how hard you hustle? Youâre not alone. In this episode, I sit down with Rob Urban to break down whatâs happening in todayâs market and why some deals just arenât moving. We dig into how to tweak your marketing strategy, filter leads, and focus on properties that buyers actually want right now. Iâve spent hundreds of thousands testing this, so you get to learn from our wins (and mistakes) to avoid wasting time and money. Grab a pen, because this oneâs packed with actionable steps you can implement today.
Key Takeaways:
Adjust Marketing Strategy: Focus on generating leads in lower price points where buyers are more active, especially in uncertain economic conditions. Filtering Leads: Use tools like DealMachine to filter properties by last market sales date and equity to ensure youâre marketing to properties buyers want. Buyer's Market Trends: High-price point properties are struggling to sellâshift focus to lower-priced homes to increase your success rate. System Optimization: Continuously update and refine your processes as market conditions change to ensure long-term success. Market Knowledge Is Key: Understand what your buyers want in terms of price and property characteristics, and tailor your lead generation efforts accordingly. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
How do you turn a cold text into a closed deal? In this episode, I coach Dennis, one of my former students, through a tough lead where the seller only wanted to communicate via text. It's a common struggleâtexting limits the conversation, hides crucial motivations, and can lead to a lot of frustration. But donât worry; we cracked the code on how to handle these situations!
I'll walk you through how to stop playing defense and take control of the conversation, pushing for that all-important face-to-face meeting while keeping the seller engaged. You'll learn practical tips to avoid offering too much too soon, discover the four key pillars of motivation, and understand the power of going for the "no." By the end, you'll see why it's critical to stop worrying about price and start solving problems for your sellers.
Key Takeaways: Don't Give Too Many Options: Push for a phone call or in-person meeting early. Set Expectations: Establish from the start that you're here to do business and come to an agreement. Go for "No": If a seller isn't responsive, push for a definitive answer to save time. Focus on Solving Problems, Not Just Price: It's about uncovering the seller's needs, not just tossing offers around. Keep it Simple: Donât overwhelm sellers with too much info about your process. Keep the conversation about them. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this episode, we tackle one of the trickiest real estate situations: how to rescue a deal on the verge of foreclosure using creative financing. Youâll hear a step-by-step breakdown of how to analyze a distressed property, diagnose the sellerâs needs, and craft a solution using subject-to financing. Whether youâre new to creative deals or looking to add another tool to your real estate toolbox, this episode will give you the insights you need to navigate complex situations and still make a profit. Get ready for an in-depth, real-world lesson on problem-solving in real estate investing.
Key Takeaways: Ask the Right Questions: Like a doctor, dig deep into the sellerâs situation before prescribing a solution. Creative Financing: Subject-to deals can help sellers avoid foreclosure while offering opportunities for investors. Understand the Numbers: Break down the loan, back payments, and repairs before making an offer. Equity Isnât Everything: Sometimes, a dealâs value lies in the loanâs interest rate, not the propertyâs equity. Win-Win Solutions: Focus on solving problems for the seller to create opportunities for both sides. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
This episode is my honest reflection on the good, the bad, and the ugly parts of entrepreneurship. Itâs about finding the balance between building a business and staying true to your purpose, all while learning some tough but necessary lessons along the way. I share the emotional highs and lows of scaling my businesses, the challenges of managing ego, and the importance of putting systems in place.
Warning, things are about to get real and personal, so if youâre looking for a raw take on the struggles and growth that come with entrepreneurship, this one's for you.
Key Takeaways: Ego Check: Letting ego get in the way can stall both personal and business growth. Systems Matter: A clear, written process is essential for success. Family Balance: Work should never come at the cost of family time. Mentorship is Key: Having a mentor helps you see blind spots and improve. Service Over Profit: Success is about serving others, not just making money. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this episode, we dive into two real-life seller leads from a new student in Colorado. One lead involves a potential retail sale where the seller isnât in a hurry, and the other is an investor-friendly lead with a vacant property. We break down how to handle different types of sellers, how to overcome the fear of the first conversation, and how to determine if a lead is right for wholesale or retail.
Whether you're new to real estate investing or struggling to take action, this episode is packed with actionable advice that will get you more confident on the phone and closing deals faster.
Key Takeaways: Understanding Seller Motivation: Learn to distinguish between retail and investor-friendly leads by gauging urgency and the propertyâs condition. Role-Playing Conversations: Practical examples of how to structure your call with potential sellers to uncover their needs and build rapport. Labeling and Mirroring Techniques: Master the art of confirming and restating a seller's problem to build trust and move the conversation forward. Fear of the First Call: Overcome the fear of talking to sellers by focusing on asking questions and listening rather than âselling.â Negotiation Strategy: Tailor your approach based on the sellerâs situation, including offering real estate agents when itâs a better fit than a wholesale deal. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In this episode, Iâm walking one of my students, Tyrell, through a high-stakes situation involving an inherited property thatâs set to go to auction within a month. The homeownerâs parents have passed away, and the house is still in their name, which means weâve got to go through probate before we can do anything with the property. Time is ticking, and Tyrell is looking for guidance on how to approach this deal, including how to get the foreclosure stopped, what to offer, and how to work with the heirs to make it happen.
Youâll hear firsthand how I break down the situation, offer step-by-step advice on getting both heirs to agree on a price, and then take action to keep the house from going to auction. This quick call is a perfect example of the kind of live support and guidance I offer to my students.
If youâre facing a similar situation or want to see what itâs like to get direct coaching during a deal, this episode is for you.
Key Takeaways:
Probate and Foreclosure Process: We need to handle probate quickly to transfer ownership before the foreclosure auction. Negotiation Tactics: Secure an agreement with both heirs at the lowest possible price to ensure profitability. Importance of Real Estate Attorneys: Having a knowledgeable attorney is crucial when dealing with probate and foreclosure issues. Urgency and Action: With a foreclosure auction looming, itâs vital to act fast by getting contracts signed and working with professionals to delay the auction. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
Renegotiating with a seller, dealing with back taxes, and handling a buyer who didnât understand wholesaling. These are just some of the issues you run into daily in the wild world of real estate
In this episode, Tyrell shares the raw truth about his rollercoaster journey in wholesaling real estate. From almost giving up after missing out on a potential $36,000 deal, to finding success with a difficult buyer, Tyrell details the ups and downs he faced until he closed that first lucrative deal. If youâve ever questioned whether wholesaling is worth it, this candid conversation is for you.
Key Takeaways:
Persistence Pays Off: Tyrell lost a huge deal but kept pushing forward, proving that success comes to those who donât quit. Follow-Up is Crucial: Consistent follow-up with sellers is vital to securing deals. Letting up on follow-ups can cost you big. Market Differences Matter: What works in one city may not work in another. Be aware of how market dynamics can affect your deals. Wholesaling is Hard Work: Tyrell story shows that wholesaling isnât easy, but the rewards can be life-changing if you stick with it. Learning by Doing: Experience, even through mistakes, builds confidence. Handling contracts, negotiating, and finding buyers becomes easier after the first deal. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
In real estate wholesaling, having thick skin isn't optionalâit's essential. If you're trying to get contracts signed, youâre going to deal with no-shows, rude sellers, and endless excuses. Itâs frustrating, but the key is not to chase them. You have to develop the ability to push through rejection and hold sellers accountable without letting it derail your progress.
In this episode, I dive into why you need to stop treating sellers like royalty and start holding them to their commitments. Iâll share some real-life examples of dealing with difficult people and show you how having the skin of a rhino will not only help you close deals but also save you from wasting time on people who arenât serious.
Key Takeaways: "If you chase a dog, itâll run." Stop chasing unresponsive sellers. Pull back and see who steps forward. "Thick skin like a rhino." Youâre going to face rejection and rudeness. Donât let it derail youâpush through with confidence. "Donât be afraid to ask for a 'No.' Holding sellers accountable can help you weed out time-wasters from real leads. "Rude people arenât leads." If theyâre belligerent and disrespectful, they probably donât want or need your help. Move on. "Real estate isnât a popularity contest." Youâre here to help those who need it. Donât be afraid to ruffle some feathers. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery -
Iâve made this mistake myself, and Iâll scream it from the rooftopsâflipping too soon can be a business killer!
Why is it such a problem? Because flipping too early takes your focus away from what really builds long-term successâfinding deeply discounted deals. In this special Q&A episode, I sit down with one of my students whoâs right on the edge of making the same huge mistake Iâve seen so many others (including myself) make. Heâs about to dive into a flip before he's ready, and Iâm doing everything I can to stop him from falling into the trap that could derail his progress and cost him big time.
Key Takeaways: If You Canât Wholesale It, Itâs Not a Deal. Donât jump into a flip unless you know itâs rock solid. The Momentum Killer: Flipping can take all your time and energy, pulling you away from lead generation and marketing. Scarcity Mindset vs. Abundance: Donât fall into the trap of trying to squeeze every dollar out of your first dealâfocus on growing consistently. Real-Time Coaching: Get a behind-the-scenes look as I help a student navigate one of the biggest decisions of his career. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery The Compound Effect - Darren Hardy -
In this riveting episode, I sit down with Stephanie Henrie, a former colleague turned successful real estate investor. Stephanie shares her incredible journey from initial fear and hesitation to diving headfirst into the world of real estate. We discuss the pivotal moments that led her to take action, despite the fear that once held her back.
Stephanie recounts a particularly wild story where she helped a client who had fallen into a medically induced coma after colliding with a wild boar on a scooter. Despite the chaos, Stephanie and her husband managed to close the deal, saving the client from foreclosure and netting him $70,000. Through persistence, empathy, and a genuine desire to help others, Stephanie has successfully completed multiple real estate deals, earning her a significant profit while making a positive impact on the lives of those she works with.
Key Takeaways: Overcoming Fear: Stephanie emphasizes the importance of pushing through fear and taking action, even when you don't have all the answers. Waiting for the "perfect moment" often leads to missed opportunities. The Power of Service: Going above and beyond for clients, especially in difficult situations, not only builds trust but can also lead to successful deals that benefit both parties. Learning from Mistakes: Stephanie highlights how every mistake made along the way is a learning opportunity, and growth often comes from these challenging experiences. Networking is Key: Building a strong network of buyers and other investors is crucial in the real estate business. Stephanie's early focus on networking helped her quickly find buyers for her deals. Resources: The Top 3 Reasons People Fail in Real Estate (And How to Overcome Them) Deal Machine (Discount code PIN) $40k in 40 Days Challenge Driving For Dollars Mastery - Laat meer zien
