Listen up guys & gals… I get TONS of questions like this, “Nick, I just ran into your information and I want to know how long it will take to get my first deal done? I’m hungry and need this money”
I’m glad you’re hungry and love your ambition, but let’s get logical for a fast sec. I’m all about you doing your first deal ASAP. I want you to have it done YESTERDAY!
So, what I want to do is give you a little insight on how to get your first wholesale deal done in 30 days or less. It’s totally possible and I have tons of students who are doing it. I actually had one guy do 3 deals in his first 30 days…He’s KILLING IT! Do you want that to be you? Of course you do.
The first thing you need to realize is that it does actually take effort. While my (must read) wholesale investing training post is chock full of “how to” information – doesn’t do the work for you. It’s amazing how many people expect magic results without lifting a finger.
I know why they expect it though…It’s because of all of these slimy guys online who promise big money by sitting in their underwear at home clicking a mouse and flipping houses all over the world. Come on…STOP!
Once you accept that there is some smart action you have to take (I say smart, because it’s quite simple, it’s just a specific sequence), you’re ready to learn.
Learning is pointless if you aren’t planning on execution.
First Wholesale Deal Done in 30 days
Action Step #1
So, now what you do is make sure your cash buyers are in place. If you’ve learned anything from me, you know that lining up your buyers is key before you think about wholesaling any home.
Action Step #2
Then, you move on to your title/escrow company and make sure they’re standing by to do your assignment or double closing deals.
Action Step #3
Now, you go out and tell the world that you pay cash for homes in ‘as is’ condition and in any location.
It’s a simple message really. There isn’t much to it and it’s very clear without any question from the receiver of the message.
You’ll get some calls from your signs, cards, flyers, etc from motivated sellers within a week or so.
Action Step #4
Now you get one of those houses from your motivated sellers under contract, and bring in your cash buyer.
Tack on $5,000-$10,000 for your fee, and sail into closing to get that beautiful check.
Boom! 30 days or less to get paid like a boss.
Now, is this a perfected scenario? NO! Be open to evolve and this will refine itself and you’ll scale to get to all the financial freedom you desire.
Your totally focus should be with finding buyers the first few month you are getting started in real estate investing. Over time, I want you to find more, but if you hustle hard, you should have enough to get the ball rolling for your first few deals.
GO GET IT! I’m waiting 🙂