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I carry high faith that the next deal will close, and I don’t worry about it but it never does. I’ve followed all the advice cold called 100+ lists, text blasted, email blast, direct mail, FB ads, bandit signs, FSBO, etc. “I’ve literally lost all 8 deals since I started in January…every single one and I have no idea why. Below is a question for us to address with this lesson…
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I am not talking about a legal binding partnership….įinally… Wholesaling real estate for dummies is not a bad concept because I still want you to keep things simple. It won’t help you when you hit the inevitable and unpredictable obstacles that wholesaling real estate can present. While YouTube university is a great place to start from, The return on investment of an accountability partner and/or a mentor cannot be overstated. (7) Don’t Wholesale Real Estate Alone… Unless you are a Dummy. Skills, especially marketing and prospecting skills are required to succeed. So as I mentioned earlier, there is data, ( 160 Million Records Here) then owner, then negotiation,ĩ8% of the people who launch wholesaling real estate have good intentions but they also fail and quit out of frustrations. (3) Don’t Wait On Deals to Make Money Like Most Real Estate Wholesaling Dummies This is a real business and you need to understand the concept of the business from Data to Deals. Remember, it was a success story which means it will probably skew you emotionally towards the highlight of the story. Testimonials and success stories are lovely, motivational and inspirational.īut the downside is when you get attached to how much another person made in “how long”Īnd then using that as your yardstick or ultimatum for you to quit or complain that it’s not working. While it is worth celebrating it when you do lock a property under contract, it can be very misleading to your own mindset to think of it as a deal.
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So if you’ve closed at least ONE deal, it’s probably not for you here are your 7 “DON’T DOS. We are helping lots of advanced wholesalers but this lesson is designed particularly to be a wholesaling real estate for dummies version.