Create an insanely profitable real estate business through the power of direct marketing, systems, team building, and the ultimate selling machine. Limits Do NOT exist in this DOJO! We don't play small ball!
San Diego, CA
Early in my real estate investing career, a mentor suggested that I start networking with other real estate professionals. So I called a local title & escrow company and asked if I could bring lunch and introduce myself. They agreed. While I was there, I met a local real estate agent named Victoria who was... Read More
Our income isn't a reflection of what we know. It's not even a reflection of our experience. Our income is first and foremost a reflection of our standards whether we like it or not. So if you want to explode your income in 2023 and beyond, then you must start by changing the way you... Read More
Having a business entity offers liability protection, tax savings and more, which is why I recommend every wholesaler get one even if they're just getting started. They're so easy to set up these days that there's no point in waiting. But certain types of entities make more sense than others depending on your situation. Checkout... Read More
Properties values are falling is many markets around the country, but sellers are usually slow to accept this. So how should you negotiate with them? Well, it's NOT by trying to convince them how much less their house is worth today than it was before. This will only drive them away. Checkout today's NLREI podcast... Read More
A few years ago, I walked into the office and all three of my acquisition's reps were staring at comps. I knew instantly that we were in trouble! Spending more than a few minutes comping is a clear indication that you're trying to justify over-paying for a property rather than making the seller a low... Read More
Zach was working in sales when a family member introduced him to real estate. He got started and was able to generate almost $71k while working full time. In January of this year, he decided to go full time and he's closed about 30 deals and generated almost $300k! Checkout today's NLREI podcast episode to... Read More
When the market changes, you have to pivot. You can't keep doing what you're used to or sit around hoping things will go back to the way they were. You have to figure out what's working right now—in this market—and adjust. One of the pivots we've made recently is focusing more on novations. If you... Read More
Chris joined the Marines straight out of high school. When he got out, he started working as a financial advisor. During this time, he began noticing that most of his wealthiest clients were involved in real estate, so he decided to start investing for himself. Today he's a full-time investor and his business has already... Read More
If you want your deals to consistently sell for top dollar, then you must start them listing on the M.L.S. I know this falls outside of many people's comfort zone or they think it can't be done, but it's time to put all that aside. Listing on the M.L.S give you access the most amount... Read More
Last year, Omar was working long hours at his pizza parlor. He was doing well, but he knew what he was doing wasn't sustainable, so he turned to real estate. It's been less than 12 months and he's already on pace to close $335k in his wholesaling business. Checkout today's NLREI podcast episode to find... Read More
Josh began working in real estate by becoming a realtor, but quickly started experiencing burn out. A friend told him about wholesaling and he was instantly hooked. He closed his first deal for $25K and has been wholesaling part time around his job ever since. It was always his goal to work for himself full... Read More
A novation works similar to a traditional wholesale deal except instead of selling to a cash investor, you're selling to a retail buyer. Unlike cash investors, who strictly buy for profit, retail buyers are looking for someplace to live, so they offer much higher prices, which means you can, too. Best of all, you can... Read More
I've coached thousands of wholesalers over the years and I've noticed the ones who struggle have these 5 things in common. Checkout today's NLREI podcast episode to find out 5 things broke wholesalers do and how you can avoid these costly mistakes in your own business!
A few years ago, we acquired a local competitor's wholesaling business in one of our markets. It was an excellent investment because we immediately started doing deals from a very inexpensive marketing channel the previous owner had set up but that we had never used before ourselves. We went on to generate over $400k in... Read More
Succeeding in business over the long term requires that you recognize the current economic season and respond accordingly. Otherwise, you could end up doing the right thing, but at the wrong time, and your business begins to suffer. In today's NLREI podcast episode, you'll learn 3 tips for wholesaling in a declining market!
Despite working hard to put himself through law school, Kris quickly started feeling burnt out working as an attorney. He always had an interest in real estate, so he started sending out mailers. It wasn't long after that he closed his first deal and today his wholesaling business is on track to do a million... Read More
People tell me all the time about why they can't seem to get ahead in real estate. And while we all have our limitations in one way or another… …those limitations are never what's really holding us back. Success is a mindset. Successful people will always find a way to come out on top no... Read More
Massive, imperfect action is what separates wholesalers who succeed early and often from the ones who struggle to do deals. My guest on today's show is a great example of this. Pat locked up her first novation deal before she understood exactly how the whole process works. Her attitude was, “I'll just lock it up... Read More
Just like with traditional wholesaling, you'll go much further, faster doing novations when you surround yourself with a dream team. And best of all, you don't actually need to spend much money to do it! In today's NLREI podcast episode, you'll learn how to put together a novation dream team with little to no upfront... Read More
If your wholesaling business is struggling right now, then novation deals can change that. Cash buyers have all but disappeared in most markets, but retail buyers are still there… …and they're still buying! In today's NLREI podcast episode, you'll learn 4 ways to find smoking hot novation deals, so you can cash in on the... Read More
Cash buyer activity has changed. As a result, properties are sitting on the market longer while receiving far fewer bids. We've seen this in our markets and I bet you're seeing it in yours as well. But there are strategies you can use, like the 5-5-5 rule, to help ensure your deals close, so you... Read More
After the Covid lock downs took away Ashley's livelihood as a bartender, she decided to make the move into real estate. She started out working for another wholesaler in town and now she owns her own wholesaling business that consistently closes 2-5 deals a month and best of all, she's able to keep many of... Read More
What's the most common objection you hear from sellers? The answer is, of course, price. There's a new approach to wholesaling called a novation that overcomes this objection by allowing you to make much higher offers, but still easily make five-figures on the deal! This new approach doesn't replace traditional wholesaling. Instead, it's the perfect... Read More
Kapil immigrated to the U.S. with his family when he was 17 years old. His family was in debt and had only $1,500 in cash. It was while working long hours at a gas station to pay down the debt that he discovered the power of real estate investing. Today he operates a high six-figure... Read More
Yes, you can absolutely let sellers know you're going to find another buyer to take your place. You can then turn around and market their property on the MLS. And you can also get sellers to willingly sign paperwork that clearly shows your new buyer is paying you a higher price than you're paying them.... Read More
Greg started his real estate business just a few short years ago when he was in his early twenties and living at home with his parents… …today his business does over seven-figures. Checkout today's NLREI podcast episode to find out exactly how he did it!
One of the things I love about this business is that ANYONE can do this! Your age, background, or economic status don't matter. What does matter “is your willingness to work and get out there and talk to people” as today's podcast guest puts it. Checkout today's NLREI podcast episode to find out how a... Read More
Has a seller ever said something that put you on the defensive or made unsure about how to respond? Some sellers like to intentionally bully people for whatever reason… …but others are just being guarded. Being able to quickly spot the difference will not only save you loads of time, but it can also earn... Read More
If you're not getting back to your leads right away, then you're throwing money away. Motivated sellers are looking for a solution now, so the longer it takes you get back to them… …the more likely they are to find what they're looking for someplace else. In today's NLREI podcast episode, you'll learn what to... Read More
What got you to your current level in business, won't always get you to the next! Most wholesalers start out relying on just a handful of cash buyers to move all their deals… …but there's a point when this approach starts to hold your business back. Checkout today's NLREI podcast episode to find out why... Read More
Have you ever heard the expression, “You make money in real estate when you buy, not when you sell.” It's true. No other skill impacts the SIZE OF YOUR PAYCHECK more than your ability to negotiate deep, deep discounts with sellers… …but you also don't want to push so hard that you kill the deal.... Read More
When a seller reads your postcard, then decides to pick up their phone and call you… …that's one of the best leads you'll ever get! But there's a little known hack that makes this strategy even more effective. And if you're in a hyper-competitive market, like mine, sometimes this can be the difference between making... Read More
If you're new to wholesaling or if you've never done a deal, then today's NLREI podcast episode is for you! Tune in to find out the strategy I recommend for you to earn a big, fat juicy spread on your FIRST WHOLESALE DEAL!
If you want to stay in business over the long haul, then must ADAPT. We're currently doing this in our business and you should be doing it, too! One of the shifts we've made is to focus on Novation deals. A novation is just like any other wholesale deal, but instead of selling to a... Read More
Cash buyers—just like wholesalers—are looking for deals. They want discounted properties, which means sometimes, they're not always going to be your best buyer. We recently closed a deal in south Florida where we netted an extra $50k by selling to a conventional buyer instead of a cash one. Checkout today's NLREI podcast episode to find... Read More
Are you ready for a change in season? There's no doubt about. The market has shifted. We've noticed it our business and other wholesalers I've talked to have noticed in their markets as well. But there is one strategy that is still CRUSHING IT for us right now! Checkout today's NLREI podcast episode to learn... Read More
Continually re-investing a percentage of your gross profit into marketing is the only way to keep your business growing. In other words, the more often you invest… …the more growth you get in return. But the percentage re-invested should change based on your current stage in business. Checkout today's NLREI podcast episode to find out... Read More
Real estate investors get paid to solve real estate problems. One of the biggest problems we encounter is when two or more people own a property together, but they aren't getting along. First, a word of advice… …you should only get involved in these types of deals if there's a giant spread on the line.... Read More
Have you ever been working on a deal where the owner is giving you a tough time about getting access to the property? As frustrating as this can be… …it also creates a huge opportunity to earn way more money on the deal! Checkout today's NLREI podcast episode to find out how to earn monster... Read More
We use lead managers, or what we call acquisitions development reps, in our company and I encourage you to hire someone to do this as well. It doesn't matter if you're a one-man show or if you already have an acquisitions rep… …a lead manager will save you or your closer a ton of time... Read More
Cold calling works. We use it in our business to lock up deals month after month. And I know many other investors who do this as well. So if it's not working for you in your business right now… …then it's time to start making adjustments to your approach. Checkout today's NLREI podcast episode to... Read More
A lot of sellers hold their cards close to their chest. Worse, sometimes they just don't tell you the truth. But there is a technique you can use, which acts like a powerful dose of truth serum, so you can get sellers to admit things to you that they wouldn't tell any other investor! In... Read More
Most salespeople struggle with analytical personality types. But it's not as if these individuals are any more difficult to close than others… …it's just that you must know how to speak their language if you want to influence them. In today's NLREI podcast episode, you'll learn how to close big wholesale deals with analytical-type sellers!
We've already started noticing signs of a market slowdown in our business e.g., buyer turnout at showings has decreased, properties aren't selling for as much as they once were, etc. My guest today, Nick Gerli from Reventure Consulting, says we're not just in for a slow down… …but more like a CRASH. Checkout today's NLREI... Read More
There's one thing we do in our company that not only keeps our acquisitions reps producing at an insanely high level… …but it also keeps our team's morale high and our turnover low. Checkout today's NLREI podcast episode to find out exactly how we're doing it!
If you talk to enough sellers on a regular basis… …then chances are you'll come across one who owns a small multi-family unit. This is exactly what happened to a listener from today's episode. Yes, there are significant differences in multi-family vs. single family… …but this shouldn't stop you from DOING THE DEAL! Checkout today's... Read More
When a seller continually drags their feet e.g., they keep coming up with different reasons why they can't move forward right now… …it usually means there's something they're not telling you. So if you want the deal to close, so you can get paid, then you have to shake things up by doing something they... Read More
Sellers really only care about two things on your purchase agreement: Price Closing date I've closed well over 1,000 real estate transactions in my career and one of the least scrutinized items from sellers is the EMD amount, so there's absolutely no need to put down too much. Checkout today's NLREI podcast episode to find... Read More
We generally don't walk away from deals in our office unless the seller says one particular thing. And if a seller ever says it to you, my advice is that you walk away as well. Checkout today's NLREI podcast episode to find out the type of deals you should just walk away from!
Has a seller ever asked you for a number right out of the gate? There's a right and a wrong way to respond to this sort of demand from a seller. Do it wrong… and they might just hang up on you… …but when you do it right, the seller's tone quickly changes and they... Read More
If you're just getting started in wholesaling, then today's NLREI podcast episode is for you! Joseph & Ryan grossed over $500k their first year in business and they're back today with a quick start guide designed to help you absolutely crush your income goals as a new real estate investor!