• Ep 4: The Importance of Persistent Follow-up & Ethical Wholesaling Practices

  • Jul 3 2024
  • Duración: 19 m
  • Podcast

Ep 4: The Importance of Persistent Follow-up & Ethical Wholesaling Practices  Por  arte de portada

Ep 4: The Importance of Persistent Follow-up & Ethical Wholesaling Practices

  • Resumen

  • Welcome to another episode of "Properties for Profit"! In this episode, we dive deep into a compelling story about a recent wholesale deal in Pickerington, Ohio. I walk you through the challenging journey of helping Rose, an elderly homeowner, who faced significant hardships with her rental property after her husband's passing. We explore the importance of ethical wholesaling, effective sales processes, and the consequences of mismanagement. Tune in to learn valuable lessons about navigating difficult real estate situations, dealing with uncooperative tenants, and ensuring successful closures despite obstacles.

    Key Talking Points with Timestamps

    [00:00] - Introduction to today's episode and the story of a wholesale deal in Pickerington, Ohio.

    [01:20] - Initial contact with Rose through a TV ad and her distressed situation.

    [02:50] - Background on Rose's property and the issues with her tenants.

    [05:00] - The severe condition of the property, including four feet of sewage in the basement.

    [07:05] - Challenges Rose faced with other wholesalers and the importance of honesty in the process.

    [09:45] - The involvement of Rose's attorney and the additional costs incurred.

    [11:40] - Communication struggles with Rose and her attorney.

    [14:15] - Finalizing the deal, covering additional costs, and ensuring closure.

    [16:30] - The importance of persistent follow-up and ethical wholesaling practices.

    [18:00] - Closing remarks and a reminder to subscribe, share, and follow for more real estate insights.

    Links & Resources
    • Follow me on Instagram: RealEstateMike02
    Closing Remark

    Thanks for tuning in to "Properties for Profit." If you enjoyed this episode and found it valuable, please subscribe, share it with others, and follow me on social media for more updates and tips. Keep turning properties into profits!

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