(Note: Want the best system for fixing and flipping houses in the world? This brand new report exposes our step-by-step formula for wholesaling houses site-unseen in ANY area of the country … all from the comfort of your cell phone! Learn more.)
Hey Moguls, we have a great video lesson today that’s all about wholesaling.
For many investors, wholesaling is the primary business model from which they make money. For others, it’s simply one of the tools in their deep tool chest.
The key to successful wholesaling is to sell quickly. Quick in, quick out.
But how?
Well, we’re excited to have one of our awesome Mogul faculty advisors to tell us how. REI expert Franklin Cruz has his own systematic approach to aggressively wholesale deals, and he’s sharing the 5 steps with us!
Cruz Control
We asked Franklin about this topic because he has been in the industry for 14 years, runs his own REI business and even has a book for sale on Amazon right now. ‘Nuf said.
This former US army sergeant is so successful that he’s currently operating in four different markets. His days in the military have taught him that no matter what, you keep pressing forward, and when he makes mistakes, he learns from them and keeps going further.
You’ve gotta check out this video lesson where Franklin shares with us the exact blueprint for how he sells his wholesale properties super-fast in ways that are time tested and proven through his business. And, these steps aren’t tedious or time-consuming. In fact, you’ll be able to complete all 5 in about 12 minutes.
Listen in as Franklin offers up his 5 step plan of attack, plus some awesome extra credit, bonus steps! Yep, he goes in depth about not one, but two more super ninja wholesaling tricks. Take notes friends!
{Mogul Elite: Download a transcript and MP3 of this lesson in the Power Pack tools for this lesson.}
Send an Email Blast – Quickly type up the specs of the property and blast it out to your wholesale Buyer’s List.
Send a Voice Blast – Use a website like callfire.com to blast a brief voicemail to your wholesale Buyer’s List. You should list details of the property and ask them to call you if they’re interested.
Blast Text Messages – Send short and sweet texts with specs of the property and deal.
Create a Postlets Ad – Use
postlets.com to create an ad, and the site will then syndicate it out to a bunch of other sites.
Post on Craigslist – Post an ad with some information about the property, but you actually want to intentionally make the ad unprofessional looking.
Advertise with Self-Directed IRA Custodians – Place an ad with info about your deal on custodian companies’ message boards, websites and newsletters. You’ll easily reach tons of potential buyers who likely have cash available. Try Entrust and Pensco to start.
List in MLS – If you don’t have any movement after doing the other steps (which is rather unlikely), list the property in the MLS. Look, it is a last resort, but this tactic almost always generates activity.
Franklin Cruz
(aka Real Estate Drill Sergeant) is a real estate investor, army veteran, Father, husband and humanitarian. He's a full time real estate investor with a part time lifestyle. Driven by professionalism, integrity, tenacity and a relentless determination, Franklin has gone from the trenches of serving in the US Army to the top of the Real Estate Investing game. If anyone knows how relate to starting a business from scratch, itís Franklin. His challenging background and unique approachability give Mr. Cruz the uncanny skill to relate to everyone on some level, both personally and professionally.