077 » The Virtues of Co-Wholesaling & How It Can Set You Free » Justin Wilmot




Real Estate Investing Mastery Podcast show

Summary: Did you get into real estate investing to make money and earn freedom? Have you found yourself with financial freedom, but not contentment? Justin Wilmot was in the very same place and found a way to have both. In this episode, Joe & Alex talk to Justin and learn just how he came to this realization and what he did to change it. Justin shares with us how he developed his system of co-wholesaling he calls "10 hour wholesaling" and how it set him free from being tied to his pick-up truck & local housing market. If you have been investing a while and can’t find that freedom you were looking for, this podcast may well be your game changer. Listen and enjoy: What's inside: 00:39 – How you can take a vacation with the family and still land deals 05:53 – How can you do whatever you want and still close deals at the same times? 08:48 – The three keys to success 10:41 – How many hours a week is Justin REALLY working? Can I do that? 12:05 – What is co-wholesaling and how it can make you money 19:11 – Is your market a good co-wholesaling market? You better know. 24:03 – How to find wholesalers in your area 25:30 – Do I need a license for co-wholesaling? 35:11 – Do you find the buyers before or after you have a deal in the works? 40:54 – The best method to find cash buyers in your area 47:20 – Virtual wholesaling can give your business the flexibility to move with the markets. Do you know how? 51:45 – Are you putting the cart before the horse? But is the buyer the horse or the cart? 53:14 – Is an operations manager the next big hire in your organization? 58:48 – How do you find an operations manager and train him too? 62:40 – Are you losing deals because you are a jerk? Why you shouldn't be… 68:12 – What is your motivation for your business? Is it leading to your happiness? 73:00 – It’s all about who you know Tweetables:  "Design a vision for your life first, then design a business around it, not the other way around."    [Click to Tweet] "When co-wholesaling, I don’t go where life is going to be hard; I go where life is going to be easy."    [Click to Tweet] "Co-wholesaling is not limited to other people’s markets. The entire country is your oyster."    [Click to Tweet] “We never walk away from money & with no marketing fees, it makes it that much easier”.    [Click to Tweet] “We literally spend only 30 minutes in a deal and make $2,000 - $3,000 bucks”.    [Click to Tweet] “We’re not really real estate investors; we’re building relationships”.    [Click to Tweet] Mentioned in this episode: 10 Hour Wholesaler Transcription: Download episode transcript in PDF format here... Joe:        Welcome. This is the Real Estate Investing Mastery Podcast. Hey, everybody. Joe McCall with Alex Youngblood. We are here. We're the Real Estate Investing Mastery Podcast guys. We're glad you're here. Alex, how are you doing? Alex:      I'm doing awesome, man. How about yourself? Joe:       Really, really, really awesome. I'm doing more awesome than you I bet. Alex:      Well, it sounds like you are. Joe:       Because I just got back a couple of three or four days ago from an epic trip. Epic. Alex:      It sounded epic. Joe:       Epic. Alex:      Epic. Joe:       I mean I'm just looking at a map and seeing where we went. It's insane. I can't believe we did it. I can't believe we survived. We were gone for two and a half months about 10 weeks. We left St. Louis middle of June. We have a big RV camper trailer thing. It's just really as big as you can buy. If it's any longer that'd be illegal. We hauled that thing to Mount Rushmore then Yellowstone, Glacier National ... I mean Grand Tetons, Yellowstone. We went to Glacier National Park. We drove through. Then to Seattle we saw Mount Rainier Olympic National Park. We went to Vancouver, British Columbia. We took an Alaskan Cruise for a week. We came back down the Oregon which is amazing, beautiful.