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In nature, a feeding frenzy typically occurs when predators are overwhelmed by the amount of prey available to them. Sharks lose their $#!%, I mean stuff, and fight for the same prey when a school of fish swims by, for example. They thrash around, arch their backs and snap furiously at anything that moves.
The scenario may not be quite as violent when it comes to wholesale house flipping (at least we hope not…), but the concept is much the same, according to rock star wholesale coach and mentor, Alex Pardo.
Why We Listen to Alex
Alex jumped into the real estate investing business after working for GE Consumer Finance in their Financial Management Program and taking some time off to backpack around Europe and Africa. (Awesome, right!?) Two months into REIing, he closed his first deal and made $44,000.Bam! That was almost as much as he made in 1 year at his boring corporate job.
Today, he has several businesses and has closed more than 250 real…
Alex Pardo
has been investing in real estate for 9 years. Before he started working on his real estate investing business, he worked for GE Consumer Finance in their Financial Management Program. He quickly realized that staring at Microsoft Excel for 14 hours a day was the fast lane to the dreaded rat race, so he completed the 2-year program, and decided to backpack around Europe and Africa for 3 months, before diving into Real Estate full-time. Two months later, he closed his first deal and made $44,000. Almost as much as he made in 1 year at General Electric, and needless to say he hasn’t looked back. Fast forward to today, he has started several businesses and has learned as much from his failures as he has from his successes. To date his company has closed over 250 real estate transactions and has helped countless homeowners and investors in the process.