Originally posted by @Charles Willie Harris:
Originally posted by @Breshawn Hawthorne:
I Agree with @Ryan Whitcher there is enough info on the internet and in books to dive in and start learning instead of putting that money into a course maybe put it into marketing after you learn from Youtube, BP, Books, Etc
But that's the thing--there's TOO much info out there and it can be very challenging and difficult without guidance and structure that some of these programs can provide.
Well I agree with all 3 of you devilishly handsome gentlemen!
So, here is my bit of input on this.
Although you all are right,
wholesaling is inherently easy right?
You get a contract signed under market value, and you sell it to a buyer at a profit.
That REALLY is the gist of it.
Now Charles, the reason why it is so difficult for you.. is BECAUSE there is so much info out there. Life is easy if there is only one option ahead of you.
So if you need to do this right you need to do this:
Rewind. let go of all the knowledge you have accumulated and all the wealth of info there is in front of you.
Now, you have the blueprint of wholesaling. Getting a contract and selling it. That is all you need (for now).
Now, just focus on what you need for the first step, and just sort out that first step. Getting a contract signed. There is plenty of info on this on the net but you do not need to focus on every bit of it. Just the absolute necessary of getting a contract signed. The go to step 2 without over-complicating things with options and possibilities and what if this happens what do I do then...
Here is the trick...
All the gaps of knowledge you have.. all those insecurities of not knowing what lies in between step 1 & step 2, will automatically force itself upon you when you reach that point, and THEN you will solve that issue. That is called "experience". that knowledge and that "how to do it" will embed itself in you after you have solved that issue. And as you proceed more and more, you collect all these "solved issues" and that will define your knowledge.
Now remember what I said: just focus on the first step?
Well...
Yeah man, you do not need a mentor or a teacher for wholesaling.. that is easy. Remember: signing a contract, selling said contract.
Do you know WHAT is hard?
Getting LEADS motivated enough to sign a contract at discount. Every one says there is a shortage of this yet everyone swears by their marketing method (then why is everyone having a shortage.. or complain it is so expensive?!).
So here is what I did.
Here is the secret to wholesaling, flipping B&H...
Lead Gen like a BEAST. THAT is the secret to success. Not "How do I do wholesaling"
DO NOT FOLLOW THE MASSES!!!!
when someone tells me "ohh my friend took that course and it helped them immensely..." That tells me nothing really.
Was he getting 0 leads and now he is getting 1 a month?
Well sure it helped him immensely... but those numbers are quite bad. I am not whaling on anyone here.
If you want to be a successful wholesaler you really need leads. Not an education on how to wholesale. Seriously!
You need to go back to your infrastructure of your business.
This is what pretty much all new wholesales/investors make.
They want to jump in with all the processes without even having any structure or system set up.
NO dudes! What the EFF man!
Don't go rushing to send out DMM. Don't go rushing buying a course from a guru. That stuff is not going to help you manage getting a solid infrastructure ready.
To wholesale, you need deeply discounted properties under contract. If you do not have a method on how to get these, you are jumping the gun!
Set up your business. Develop a strategy that will generate you leads. That is what I did. And I get countless and countless of leads every day without effort completely free that are highly motivated.
How?
Before I jumped in, unlike most, I did my research and I was smart. I invested time and effort and it was my mission to become the absolute best at SEO. I set out to be the person to go to when it comes to SEO.
Am I that person now? No idea, but guess what.... who cares!!
my leads coming in is indication how valuable that effort of becoming the best is.
So.. you can either run for help and be like the 80% of the people... more like 95% to be honest.
Or be one of the 5% of the people and become successful on YOUR TERMS!!
