No Limits Real Estate Investing Podcast Todd Toback

If I asked you whether wholesalers should make more than their cash buyers, what would you say? Or if I asked how much money you can make on a single wholesale deal, what would your answer be? While it may seem of little consequence, your thoughts and opinions (beliefs) in these areas are actually what’s determining your results more so than anything else. So if you want to take your wholesaling business to another level in 2024, then you have to start by changing your beliefs! In today’s NLREI podcast episode, you'll discover 9 limiting beliefs that are sabotaging your success as a wholesaler and how to change them!

Omar reached out with a question. He said he recently met with a seller who ghosted him after he made an offer that was $30K below their asking price. He later found out they signed with another wholesaler and he wants to know if there’s anything he could have done differently. Checkout today’s NLREI "ask me anything" podcast episode to find out why you never leave the house without the contract!

Think about how a motivated seller behaves. They usually want to move fast and they have very few rules or expectations about how the process should go. They just want their money as quickly as possible. Ironically, many wholesalers act the same way when they sell their properties to cash buyers and it’s costing them hundreds of thousands of dollars in lost profits. In today’s NLREI podcast episode, you’ll learn what you should do to slow the hell down, so you can maximize your profit per deal!

I was recently talking to a very successful wholesaler who started a new business because he wanted to escape the “grind” of wholesaling. For starters, I knew exactly what he meant by the word “grind” because I’ve felt that way before about my own business. But I did issue him a word of caution because a wholesaling business is like a cash machine and there are ways to lessen the effects of the day-to-day without killing the golden goose. Checkout today’s NLREI podcast episode to find out what’s making your wholesaling business feel like a grind and how to fix it!

I’m sure many wholesalers didn’t pay much attention to the big settlement with the NAR earlier this year, but not me. Over 90% of properties sold are listed with a realtor and I think this change creates a unique opportunity for wholesalers to tap into this vast reservoir of deals like never before. Checkout today’s NLREI podcast episode to find out how the recent settlement with the national association of realtors benefits wholesalers!

Wholesalers can often say the wrong things because they think it’s what sellers want to hear. But in reality, motivated sellers don’t actually care about certain details as much as many wholesalers think. So instead of increasing their chances of getting the deal, they really just end up creating opportunities to lose the seller’s trust. And once it’s gone, there’s no getting it back. Checkout today’s NLREI podcast episode to find out what you should never say to avoid losing the seller’s trust!