The Real Estate Wholesale Lounge

03/11/2022

Last night I listened to a student speak to a seller. This was not a motivated seller with a need to sell. This was one who just wanted an offer.

Many times newbies want to close a deal. They miss the clues on if a seller is motivated or not. They must hear these clues because it will save a lot of time and energy.

Who are motivated sellers?

Motivated sellers are people who have a problem; they may be moving, going through a loss or divorce, might be a tired landlord with a problem tenant.

The pain is going to be loud and clear if you are listening

What are your sellers saying to you on the call? Let me know in the comments below.

03/10/2022

Mental health is a big part of how successful you’ll be. It’s important to take care of your mental health while doing your wholesaling business. ❤️

Here are some tips to help you:

1️⃣ Make your own rules. You can set your own schedule, work at home, and choose the people you want to work with (and the people you want to avoid). This means more freedom than any other type of real estate investing.

2️⃣ Be proactive about making emotional decisions, and try not to let emotions dictate whether or not a deal is a good deal.

3️⃣ Be prepared for rejection — or at least the threat of it. The prospect of rejection from your seller is always looming over you. But it shouldn’t be stopping you from making offers and moving forward with them anyway!

03/10/2022

While wholesaling virtually, what works best for you, cold calling or direct mailing? 🤷‍♀️

Let me know in the comments below! 🤓

03/09/2022

So I met with a student yesterday. She said a friend told her that she would be profiting from other people's losses.

I explained to her that when people are in a distress situation, our goal is to create a win-win to make sure everyone involved is happy. If we don't do this, we are not serving the seller.

So make sure you ALWAYS understand your sellers as your priority should be to serve the seller. 🤝

03/09/2022

Wondering how to start wholesaling houses with your partner? 👫

Here's how you can do that:

1. Get to know each other's strengths and weaknesses.
2. Set aside money a month for marketing expenses.
3. Have a mentor, coach or partner to guide you every step of the way.
4. Hand pick the right deals together.

03/09/2022

What biggest struggles you're facing in starting your wholesaling business?

Let me know in the comments below!

03/03/2022

Everyday life as a real estate wholesaler is tough. I've got some tips to share with you. 🤓

1: Set up a work-life balance.
2: Exercise for fitness and mental health.
3: Eat healthy food, watch your portions and sleep well.
4: Maintain a positive state of mind and find out how to make it last longer.
5: Be grateful for what you already have.

03/02/2022

When you're a businesswoman, your health is just as important as your work. 🥰

Follow these tips daily ⬇️

1: Do Regular exercise. 🏃‍♀️
2: Increase intake of fruits and vegetables. 🍎🍠
3: Browse articles that motivate you. 👩‍💻
4: Keep a fresh mindset with positive reading.🙇‍♀️
5: Practice your favourite hobby to wind down from a stressful day.🧗‍♀️

03/02/2022

You're a wholesaler! 🤩

1: Chase properties listed under market value. 🤑
2: Make sure you have the cash to fund your flips. 💸
3: Figure out where to find great wholesaling deals. 👩‍💻
4: Ensure that you have excellent negotiation skills. 🤝

Leave a comment and let's talk about how you got started wholesaling in the first place! ❤

My story... I started out in the real estate business with no experience just like you. Believe it or not at the time I started no one in my local area was willing to share their experience freely on how they started in Wholesaling   Real Estate. 

03/02/2022

Here's what you need to know when wholesaling houses… 🤑

1: Study the market to find motivated sellers. 🧐
2: Present a plan and a 'profit guarantee.' 😎
3: Make sure you understand pricing, comps, and financing 👩‍💻
4: Meet with the buyer of your deal before closing it. 🤝

P.S You can get coaching from me to become an expert in real estate wholesaling! ❤

02/19/2022

Find the right balance of business and personal contacts ladies :)

1. Don’t rely solely on your own efforts.

2. Ask for help when you need it.

3. Don’t be afraid to fail.

02/18/2022

If you're wholesaling houses as an investor, keep this in mind.

1: Don't fall in love with your deal
2: Your valuation isn't as important as you think it is
3: Fix and Flips are the most complex type of deals to sell
4: Keep a spreadsheet of all your wholesaling leads
5: Pick up the phone and regularly call people who hang up on you!

Reply if you need help with all wholesaling deals. I will coach you!