I’m in the car with Gavin Timms and we’re on the way to another Implementation Workshop. We basically start students’ businesses with them/for them.
Gavin and I created a case study video about doing wholesaling in a virtual market. We take you through all the steps we followed… choosing markets, scripts for talking to sellers, marketing efforts, etc.
The two students who worked this virtual wholesaling ‘experiment’ with Gavin and I are a married couple, Kerry and Melissa. Both of them quit their day jobs and are now full time in real estate.
They’ve made deals on Maui, in San Francisco, but mostly near home in Alabama. The 1st thing they had to do was get their minds around the fact that neither one of them was going to see the inside of a house they were buying.
It’s the same for every wholesaler. Talk to sellers, make offers, follow up and follow up some more. We provide our students with prescreened leads, so they have a leg up on talking to sellers.
We also set our students up with systems and a virtual assistant. Some of the students end up partnering with us, some choose to run solo. We hear great success stories from alumni.
There will be another workshop in May and possibly in July. Think about whether a foundational headstart like this would be good for your business.
Listen and learn:
- Good systems are crucial when you make deals virtually.
- Build a business that works around you… don’t try to fit yourself to the business.
- The keys to success are marketing, automation, and delegation
Mentioned in this episode:
- Joe’s podcasts on iTunes: Real Estate Investing Mastery Podcast
- Joe and Gavin’s video: Virtual Case Study
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