Tom Krol Wholesaling Wealth Creation - Part Two

Jay Conner

Nov 16 2019

Tom Krol Wholesaling Wealth Creation - Part Two

Watch on YouTube: https://youtu.be/qzDsxqkMWhI

What is Wholesaling?

How do you structure a deal?

How do find buyers?

How do you run a huge business and yet have time to go into the mountains for three months in the summer with his family?

Wholesaling is the art of consistently finding discounted properties.

Quote: The Secret to Wealth:
"Get good at ONE THING."

Wholesaling is seasonal. The skills set of the wholesaler affects the amount of money you can make. Tom averages $18K a deal.

Set a minimum amount of profit that you will accept a deal.

What is a realistic time frame for starting wholesaling to close a deal?

Many students have done a first deal in 4-6 weeks. We lost the Apprentice Model.

Quote: "Stop learning and start earning."

Find someone who is doing what you want, and get them to instruct you. Put aside your ego and do what you are told to do. Don't argue wihth your mentor.

Small wins and small earnings motivate you to keep going.

Quote:
"The money comes first."

Where are the deals?

The harder the list is to get, the more money it will make you.

• The Water turn off list
• The Eviction list - single family house renter who is being evicted. The landlords are tired of dealing with bad renters and are more willing to sell.

Quote:
"Speed and Convenience for a Discounted Price"

• The 24 hour arrest record list. A million dollar a year list for one of Tom's students. Great ROI.

Pick one channel and dominate it, like Direct Mail, Cold Calling, Online leads, Skip tracing, Billboards, Bandit signs. Don't do a little bit of a lot of things.

Best Advice for someone starting out:

Laser focus on one target. Get out of your own way. You have to want it more than anyone else.

Founder of Wholesaling Inc and PSL Homebuyers, Tom Krol is considered to be one of the most successful Real Estate Wholesalers in the country. Through his unique approach to Real Estate investing, Tom has bought and sold numerous properties across the country and has taught aspiring Real Estate investors how to do the same. His no-nonsense, “step by step” coaching methods along with his passion to help others succeed has created a loyal “Tribe” of Wholesaling Rhinos!

https://www.wholesalinginc.com

Thei mission at Wholesaling Inc. is to make successful real estate investing more accessible and attainable. This is possible because the internet and technology at your fingertips today provides the one thing aspiring individual investors didn't have before: information.

Today they provide the most actionable strategies and tactics to help you successfully invest in and profit from wholesaling real estate. Your team is a diverse community of proven investors and coaches. We've provided paths to success for hundreds of students for years — a testament to our talent, passion, and integrity. Most importantly, we care. We know successfully wholesaling real estate can literally change your life.

Theirr stellar reputation didn't come overnight. Since 2013, they've coached hundreds of people and helped them close their first deal — that's why they continue to work with Wholesaling Inc. year after year. Now it's your turn. You deserve the best.

Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/

Free Webinar: http://bit.ly/jaymoneypodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

What is Real Estate Investing? Live Cashflow Conference

https://youtu.be/QyeBbDOF4wo

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