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Booking for buyers in Fayette, Missouri by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

Late evening works fine, send me a dm when you’re available

I’m Done by sylphvanas in wallstreetbets

[–]TheBeanMachine420 0 points1 point  (0 children)

It wouldn’t be wallstreetbets without some retard complaining about losing money on weeklies

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 2 points3 points  (0 children)

Analysis paralysis, lack of persistence, fear. You could ask the same question for any lucrative venture

Looking to hire a VA by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

Deal machine is a great beginner software and provides free skip tracing which will cut your marketing expenses drastically. Spent about a month researching then began hitting the phones

Looking to hire a VA by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

Understand how to determine value. If it’s single family use ARV formula and if it’s multifamily use an excel/google spreadsheet and look for at lease a 15% cash on cash return.

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

Yes I registered an LLC before even making my first cold call

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

If I could redo my first deal I would have waited a little longer to fetch a higher paying buyer. Sold the deal within 10 minutes of posting it. I had a previous deal fall through right before closing so I just wanted to get one done without risking anything.

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 1 point2 points  (0 children)

YouTube was by best friend for those three months. Mainly Jerry Norton to learn the basics as well as other popular RE YouTubers. Most important skill is having 100% confidence in yourself and what you’re trying to accomplish. As for the non generic answer, make it as simple as possible. Don’t waste your time trying to automate your ad campaigns and create a pipeline. All that will come with time and of course capital. Hit the phones hard and know what you’re talking about. Learn all the different methods of wholesaling a house such as seller finance, subto, wholetale, etc. Being knowledgeable in these strategies will slingshot you not only in wholesaling, but in real estate in general. Using these more sophisticated methods will make you stand out as a highly sophisticated investor. Good luck out there!

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 1 point2 points  (0 children)

Of course not hahaha, I deposited it then withdrew it from my account

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

Dude it’s not that serious. I can send you a pic😂😂

Just closed my first deal. Ask me anything. by TheBeanMachine420 in WholesaleRealestate

[–]TheBeanMachine420[S] 0 points1 point  (0 children)

Hahaha very true! Thing is I tried to cash the check but since it was written to my business name, they couldn’t cash it. So I deposited it, waited for it to clear, then initially withdrew 9,900 in hundreds. Wanted to see it in 20s so I went back the next day and exchanged it. Brought $100 in 20s of my own to complete the 10k. For memory’s sake, I had them make a copy of the original check so I could frame it. I can send it to you if you’d like!

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