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How the Recent Settlement with the National Association of Realtors Benefits Wholesalers

No Limits Real Estate Investing Podcast

Release Date: 05/09/2024

You Can’t Force Sellers to Accept Your Offer, So Do this Instead show art You Can’t Force Sellers to Accept Your Offer, So Do this Instead

No Limits Real Estate Investing Podcast

I was speaking with a joint venture partner recently who was having trouble closing a mobile home park deal. Out of frustration, he asked what he could do to force the seller to accept his offer. He quickly pointed out that he didn’t mean the word “force” but I understood what he was saying. He was basically out of options and didn’t know what else he could do to get the deal done. It goes without saying that you can’t force a seller to do anything they don’t want to. But there are many things you can do to give sellers clarity and resolve, which pushes them in one direction or the...

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Do You Need Real Estate Experience to be a Successful Wholesaler? show art Do You Need Real Estate Experience to be a Successful Wholesaler?

No Limits Real Estate Investing Podcast

Amanda reached out with a question. She wants to know if you need real estate experience to be a successful wholesaler. Checkout today’s NLREI ask me anything podcast episode to hear my response (my answer may surprise you)!

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9 Limiting Beliefs that Are Sabotaging Your Success as a Wholesaler show art 9 Limiting Beliefs that Are Sabotaging Your Success as a Wholesaler

No Limits Real Estate Investing Podcast

If I asked you whether wholesalers should make more than their cash buyers, what would you say? Or if I asked how much money you can make on a single wholesale deal, what would your answer be? While it may seem of little consequence, your thoughts and opinions (beliefs) in these areas are actually what’s determining your results more so than anything else. So if you want to take your wholesaling business to another level in 2024, then you have to start by changing your beliefs! In today’s NLREI podcast episode, you'll discover 9 limiting beliefs that are sabotaging your success as a...

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Never Leave the House without the Contract [Ask Me Anything Episode] show art Never Leave the House without the Contract [Ask Me Anything Episode]

No Limits Real Estate Investing Podcast

Omar reached out with a question. He said he recently met with a seller who ghosted him after he made an offer that was $30K below their asking price. He later found out they signed with another wholesaler and he wants to know if there’s anything he could have done differently. Checkout today’s NLREI ask me anything podcast episode to find out why you never leave the house without the contract!

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Slow the Hell Down: A Lesson in Maximizing Profit per Deal show art Slow the Hell Down: A Lesson in Maximizing Profit per Deal

No Limits Real Estate Investing Podcast

Think about how a motivated seller behaves. They usually want to move fast and they have very few rules or expectations about how the process should go. They just want their money as quickly as possible. Ironically, many wholesalers act the same way when they sell their properties to cash buyers and it’s costing them hundreds of thousands of dollars in lost profits. In today’s NLREI podcast episode, you’ll learn what you should do to slow the hell down, so you can maximize your profit per deal!

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This is What’s Making Your Wholesaling Business Feel Like Such a Grind show art This is What’s Making Your Wholesaling Business Feel Like Such a Grind

No Limits Real Estate Investing Podcast

I was recently talking to a very successful wholesaler who started a new business because he wanted to escape the “grind” of wholesaling. For starters, I knew exactly what he meant by the word “grind” because I’ve felt that way before about my own business. But I did issue him a word of caution because a wholesaling business is like a cash machine and there are ways to lessen the effects of the day-to-day without killing the golden goose. Checkout today’s NLREI podcast episode to find out what’s making your wholesaling business feel like a grind and how to fix it!

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How the Recent Settlement with the National Association of Realtors Benefits Wholesalers show art How the Recent Settlement with the National Association of Realtors Benefits Wholesalers

No Limits Real Estate Investing Podcast

I’m sure many wholesalers didn’t pay much attention to the big settlement with the NAR earlier this year, but not me. Over 90% of properties sold are listed with a realtor and I think this change creates a unique opportunity for wholesalers to tap into this vast reservoir of deals like never before. Checkout today’s NLREI podcast episode to find out how the recent settlement with the national association of realtors benefits wholesalers!

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Never Say These Things if You Want Sellers to Trust You show art Never Say These Things if You Want Sellers to Trust You

No Limits Real Estate Investing Podcast

Wholesalers can often say the wrong things because they think it’s what sellers want to hear. But in reality, motivated sellers don’t actually care about certain details as much as many wholesalers think. So instead of increasing their chances of getting the deal, they really just end up creating opportunities to lose the seller’s trust. And once it’s gone, there’s no getting it back. Checkout today’s NLREI podcast episode to find out what you should never say to avoid losing the seller’s trust!

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The Wholesaler's Guide to Time Management show art The Wholesaler's Guide to Time Management

No Limits Real Estate Investing Podcast

There’s a direct correlation between the way you manage your time and the amount of money you have left in your bank account at the end of each month. Specifically, this has a lot to do with something I call “money days,” which is all about maximizing the opportunities right in front of you before doing anything else. Otherwise, you get caught up meeting the demands of the moment at the cost of revenue. Checkout today’s NLREI podcast episode to find out my wholesaler's guide to time management!

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How to Screen for an Investor Friendly Closing Company show art How to Screen for an Investor Friendly Closing Company

No Limits Real Estate Investing Podcast

My title/escrow company is an important member of my team. And just like any other team member, I always do an interview before bringing them on board. Specifically, I ask them 9 questions that determine if they will be asset that helps us close deals more quickly and easily or if they'll be a hindrance. In today’s NLREI podcast episode, you’ll learn how to screen for an investor friendly closing company!

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I’m sure many wholesalers didn’t pay much attention to the big settlement with the NAR earlier this year, but not me. Over 90% of properties sold are listed with a realtor and I think this change creates a unique opportunity for wholesalers to tap into this vast reservoir of deals like never before. Checkout today’s NLREI podcast episode to find out how the recent settlement with the national association of realtors benefits wholesalers!