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How To Flip Your First Wholesale Deal

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How To Flip Your First Wholesale Deal

  1. 1. Charles Blair “The Mad Scientist”Charles Blair “The Mad Scientist” How To Flip Your First Wholesale Deal From A-Z
  2. 2. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z What Is A Wholesale Flip? A real estate transaction in which one person or persons control or buy a property at one price and resell it to a an end buyer at a higher price. www.RealDealMeetUp.com
  3. 3. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z In other words, wholesaling is nothing more then the business of finding properties. . www.RealDealMeetUp.com
  4. 4. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z And the only way to do that on a continual basis is to consistently market for new deals. . www.RealDealMeetUp.com
  5. 5. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z . 1. Pittsburgh, PA 2. New Orleans, LA 3. Baltimore, MD
  6. 6. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z .1. San Jose, CA 2. Washington, DC 3. Los Angles, CA
  7. 7. Who Is Charles Blair and Why should I care?Who Is Charles Blair and Why should I care?
  8. 8. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z
  9. 9. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z
  10. 10. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z
  11. 11. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z
  12. 12. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z What We Do? Wholesaling Rehabbing Tenant Placement Guarantee Rent Website Design SEO SEM Consulting Speaking Meet-Up Group My Team Players 342 House Hunters 55 Active 1 Project manager - VA 3 Website Developers – VA 1 Classified Poster – VA 2 Software Developers 3 Real Estate Agents 1 CPA 1 Attorney 2 Primary Title Companies 2 General Contractors Numerous, handymen 5 JV Wholesalers 1.Baltimore 2.Washington 3.Houston 4.Ohio 5.Tampa/St. Pete 21 Consulting Clients 18 Website Design Clients 11 SEM, SEO Campaigns Our Clients
  13. 13. Wholesaled 13 Deals In 3 1/2 Months = $106.000Wholesaled 13 Deals In 3 1/2 Months = $106.000 My Son Pictures
  14. 14. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z Real Estate Myth # 1 You can be very successful in real estate by working as little as 4 hours a week.
  15. 15. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z Real Estate Myth # 2 Being a successful real estate investor means never to worry about having a job again.
  16. 16. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z Real Estate Myth # 3 As a wholesaler I will routinely make 15K or 20k even 30k per deal.
  17. 17. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z Real Estate Myth # 4 You don’t need any money at all to do wholesale real estate deals.
  18. 18. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z Real Estate Myth # 5 Flipping real estate is illegal
  19. 19. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z You Need? 1.Real Estate Agent 2.Title Company 3.Contractor 4.Coach or Mentor
  20. 20. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z Eventually you’ll need? 1. Accountant 2. Real Estate Attorney 3. Hard Money Lender
  21. 21. www.TheRealDealMeetUp.comwww.TheRealDealMeetUp.com 5 Steps To Real Success 1.Locate Your Leads 2.Screen Your Leads 3.Write & Present The Offer 4.Follow Up 5.Sell Quickly 6.Wash, Rinse & Repeat
  22. 22. How To Identify, Locate and Find LeadsHow To Identify, Locate and Find Leads Question?: What am I looking for? Answer: Motivation / Immediate or Delayed Want to sell…
  23. 23. How To Identify, Locate and Find LeadsHow To Identify, Locate and Find Leads Problems and issues that keep them up at night, Lost Of Job Hospital Bills Bankruptcy Divorce Foreclosure Tired of being a landlord ETC.. Peace of Mind
  24. 24. How To Identify, Locate and Find LeadsHow To Identify, Locate and Find Leads 1. Social Marketing 2. Search Engine Optimization – SEO 3. Email Marketing 4. Direct Mail Marketing
  25. 25. Mentored, Coached, Marketing ClientsMentored, Coached, Marketing Clients Express Home Buyers Grace Realty Partners The Team Edge
  26. 26. How To Track And Systemize Your LeadsHow To Track And Systemize Your Leads
  27. 27. How To Track And Systemize Your LeadsHow To Track And Systemize Your Leads
  28. 28. How To Track And Systemize Your LeadsHow To Track And Systemize Your Leads + A Targeted, Result Driven, Consistent Marketing Campaign, = MORE REAL ESTATE DEALS
  29. 29. How To Track And Systemize Your LeadsHow To Track And Systemize Your Leads
  30. 30. How To Make And Present Your First OfferHow To Make And Present Your First Offer 1.How May I Help You? 2.Are You The Sole Owner? 3.What Repairs Do Your Property Need? 4.How Much Do You Need To Sell? 5.How Much Do You Owe On Your Property? 6.How Much Is Your Mortgage Payment? 7.Is Your Mortgage Current? 8.How Much Are Property Like Yours Selling For In Your Neighborhood? Sounds Like You Have A Nice Property, ETC>>> Why Are You Selling If I Like What I Hear: What’s a good time for you for me to see your property, Today, Tomorrow, 9. 10. 11, 5, 6, 7, 9 Questions That You Must Ask Every Seller
  31. 31. How To Follow Up With My LeadsHow To Follow Up With My Leads 85% Of All Close Deals Will Come From A Good Follow Up Process
  32. 32. How To Follow Up With My LeadsHow To Follow Up With My Leads Online Icontact.com Aweber.com
  33. 33. How To Follow Up With My LeadsHow To Follow Up With My Leads Offline Podio.com Workflow Tasks: Your able to tell the system to send an email to notify my JV partner that a new lead came in that needs to be called. Or Or Auto-add a lead into the system from Your form and emails
  34. 34. How To Find Buyers And Sell QuicklyHow To Find Buyers And Sell Quickly 5 Ways To Find Sellers: Offline Absentee Owners/Zip Code/High Equity/ Credit Issues Owner Occupied/ Zip Code/ High Equity/ Credit Issues Probate/ With Real Estate In The Estate/ Fillings That Are At least 90 Days Old Eviction Notices/Individual Owners/ Expired Listings/ Zip Code/ 90 Day Expired Or More/ With Equity Or Not Depending on the exit strategy
  35. 35. How To Find Buyers And Sell QuicklyHow To Find Buyers And Sell Quickly 5 Ways To Find Buyers: On-line CraigsList/ For Sale $ For Rent/ Slydial them/ CraigsList/ For Sale $ For Rent/ Coming Soon Ad FaceBook/ Retargeting/ IRA Groups and Pages/ Facebook/ Ad Campaigns/ Target Investor Groups and Pages Website-Squeeze-Landing/ SEO Ranking your pages on the first page www.RealDealMeetUp.com
  36. 36. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z www.RealDealMeetUp.com
  37. 37. How To Flip Your First Wholesale Deals From A-ZHow To Flip Your First Wholesale Deals From A-Z www.RealDealMeetUp.com www.MoreMastermind.com

Editor's Notes

  • In some cases you will have to buy a property, for example when your doing a double close. One reason for doing this is if you don’t want the end buyer to see the wholesale fee your making on the deal, especially in cases where it’s very high,
    Several months we closed on a deal where we made a profit of 29K on a wholesale flip, we did a double close on that one, due to the fact I thought the buyer would have a issue.
  • And the only way to do that on a continual basis is to Market, Market Market
  • And the only way to do that on a continual basis is to Market, Market Market
  • And the only way to do that on a continual basis is to Market, Market Market
  • And the only way to do that on a continual basis is to Market, Market Market
  • Grew up in the projects of east baltimore, Douglas Projects
  • Drop out in junior high school in the 9th grade, One dead end job after another, Security guard for several years, and the highlight of my employment resume was, being Kirby Vacum cleaner salesman by day, and during those late night evenings at home, I would watch Informercials.
  • I actually purchased this thing 3 times and the third time I actually opened it and consumed it the 3rd time. One of my favorite sayings is When The Student Is Ready, The Teacher Will Appear…
  • You don’t need big pay days to make a difference in your life, A lot of little ones work just find
  • As a wholesaler, you will always have a job, here’s why, when your start
  • Don’t believe the hype, don’t drink the Kool-aid on average in Maryland were making between 5K – 13K per deal, in Houston 3K – 7K per deal in Florida it’s 10K – 15K per deal, We had one of our mastermind students do a deal where he made 62k on a wholesale flip, but this is the exception to the rule.
  • This is a bold face lie, Unless your telling me that your time isn’t worth anything, then you can go a head and believe this ne all you want, By the way I great piece a swamp land for sale, with a great water view.
  • When you as the investor have a property under contract it’s considered a form of ownership, to be exact, you now have equitable interest in that property as such you have the right to sell that interest in that property, as long your paperwork allows you to.
  • The reason why I highlighted accountant because sooner or later if your going t do a lot of wholesale deals. Your going to need someone to keep up your books, so when tax time come you can have true business exposes. Be cause wholesaling is a short term strategy, and most of that income will be consumed in that year. If it’s all consumed in the year it means that it’s considered all ordinary loss. It’s not capital loss so you want to make sure you can write as much of as possible as business expenses.
  • You will never make a seller sell their property, What you want to do is convince the seller as to why they should sell their property to you.
  • Person will trade peace of mind for equity in a heart beat.
  • Remember If listen closely the sell will tell you more often then not how to buy there property

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