In this episode, we will learn from one of the top producers in the Canadian Wholesaling space, Adam Martin. In this episode, we will learn how to generate off-market leads, purchase below market value, and in Adam's case scale a wholesaling business. This episode is jammed packed and full of practical info you can start implementing immediately.
Highlights:
- [09:04] Process of growing the business
- [11:02] Learning the skills needed in the business
- [11:20] Identifying businesses that generate leads and sell faster
- [11:47] How to generate leads?
- [14:18] Sending thousands of flyers in generating leads
- [17:01] Using precision targeter to select potential market
- [18:19] Certain exclusions for getting potential investments/property with strategic value/ getting a property that could generate more value
- [20:29] Look for properties that can add strategic value/compare to comparable sales to estimate the current and future value of the house or properties
- [22:52] The biggest disadvantage is not having any research on any property on sale
- [23:25] Distinguishing properties from old and current value
- [24:50] Avoid attacking the price of any property
- [30:26] What should be written in a real estate contract
- [34:25] Macro and microeconomic forces in real estate and how it affects the market
Podcast: Mic'd Up Millionaires
Youtube, Facebook, and IG Handles: Adam JD Martin