Wholesaling Houses with Confidence

I have been talking to a lot of new people lately who are interested in learning how to wholesale houses. It seems there are a lot of people out there who are trying to break into the real estate game and make a great stride towards freedom. Maybe you are in a situation to where you need money right now for a personal reason or maybe you are just looking to break free from the J O B. You know what J O B stands for, don’t you. Just Over Broke! 

I will tell you one of the main reasons that people do not take that one step towards breaking free–FEAR. Fear that you won’t know what to do, fear that you won’t know how to find these houses, fear that you won’t know what to say when you speak to a motivated seller, and fear that you will not be able to flip the property to buyer once you have it under contract.

There are a lot of different fears that you can encounter and the only cure to these fears is the direct opposite of fear and that is CONFIDENCE. The only way to get confidence is through experience. You need to get out there and start talking to motivated sellers. That means you need to start putting out the bandit signs if you don’t have a lot of money for marketing or if you have a little bit of money to invest you can start with a direct mail campaign. The main thing is it is going to get the phone ringing and you are going to start to speak with sellers and learn what to say to them, how to say it to them and when to say it to them.

If you are just starting out you don’t need to worry about all the mechanics of speaking to motivated sellers. Don’t get me wrong there is a whole science that goes behind talking to motivated sellers and the better you get at it the more money you will make. But don’t worry about that right now!  You just need to get out there and do it. If you put your marketing out there you will speak to sellers and you will actually find that they will just give you an excellent price without you even having to negotiate one bit! That happened to me today! A seller is asking for 60K when I know the house will sell for 135K I have not even talked to the seller yet! My virtual assistant got all the information on the deal!  Do you know how he did that? It is really simple….He asked Questions! In another post I will talk about the right questions to ask so stay tuned.

Pretty soon you will showing up to a seller’s house in shorts and flip flops like me! I walk in like I am ready to go to the beach and I walk out with a signed contract! Sometimes I do go to the beach afterwards J! So get out there put out the marketing and start talking to some sellers. You WILL get a deal YOu WILL make some money and you WILL be on the path to financial freedom.  

If you have any questions feel free to comment!

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  • Liz

    Great inspirational post. I will stop by here more often!