“More Conversations equals More Deals. Calendars need to be packed.” - Johell Aponte
Do not quit your job or real estate wholesale business before reading this.
Okay so you are super excited about real estate wholesaling but not sure whether or not you should quit your job or perhaps you have started and are and are on the verge of quitting after failing so many times.
In this blog post we are going to speak about the four key actions that you may want to take action on before you quit.
I want to share with you an image that I received from a very close friend and colleague of mine from a title company that we work with in which she shares with me that a very close friend had quit her job to go into full-time real estate investing.
This is a mistake.
This business is not worth doing unless your intention is to scale.
Quitting your job is a mistake before you have consistent deal flow.
There are simply too many things that go wrong in the business until you have a pipeline of consistent closings.
If you have no other option or are just absolutely miserable and have nothing to lose these same steps apply to you, the difference is you can execute on these and partner up with a capital partner so you can run it and they can finance it.
I just don’t want to sell you hype or a “Get Rich Quick Scheme” point of view, as a business it should be treated as such.
It is a high margin profit opportunity but once it is established.
There can be title issues, buyers falling through, you may suck at sales or not have your systems dialed in.
And to be frank with you this business is not worth doing as a solo operator, this business is only worth doing when you have a team and you have 10+ contracts on the board so start with the end in mind to not get trapped just working in the business.
With that said, here are 4 Key Steps to profitably scale a real estate wholesale business! 👊
Learn how to set an automated and easy to follow acquisition system that brings not only leads, but appointments and contracts daily to your inbox.
More Conversations = More Deals
Calendars Need To Be Packed, Example Attached
There will be no appointments without high intent and qualified inbound leads.
It costs depending on a market $1500 to $5500 per closed deal with a 6-15 ROAS when dialed in.
The point being it is not about Cost Per Lead, it is about Cost Per Closing.
Every sales process has its nuisances so the sales team members must be trained daily and audited weekly.
Keep in mind there has to be standard sales process, not a “make up as you go” for consistency and healthy margins otherwise costs will eat you alive.
Like an orchestra director the goal must be to direct and not play an instrument.
This takes feedback and constant iteration along with community.
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"The system is a no brainer the leads come in and are followed up with on Autopilot a lot more consistent than cold calling."
"The business is beyond me At this point I am In the process of Hiring more personnel, simply too many Deals, leads and appointments"
"It has all been roses, we really liked how The system has Inbound Leads Coming In from The Start."
"The sales Script and Process is the Bedrock of it all How We set the foundation for the conversation."
"Even if I would not assist to any of the Calls Any longer I Have Already Made My Money Back."
"I have been through many programs but the systems in place make it a real business, not just a hobby."
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