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WIP 1823: Why Most Wholesalers Are Scaling Wrong (Marketing Budgets vs Deal Quality)

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Manage episode 506861890 series 2391406
Content provided by Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits!. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits! or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Grant Galloway discusses a common mistake wholesalers make when scaling their businesses: focusing too much on marketing budgets over deal quality. He argues that this approach often leads to a "race to the bottom" where wholesalers overspend on marketing to find low-quality deals, ultimately hurting their profitability.

By focusing on getting the best possible discount from sellers, wholesalers can secure high-quality deals that will naturally attract a list of eager buyers. This approach reduces marketing costs and builds a more sustainable, profitable business.

Curious about this episode? Tune in now! And don’t forget to join the TTP Training Program for more wealth building strategies.

---------
Show notes:

  • (0:40) Beginning of today’s episode
  • (11:20) Working with a small team
  • (12:46) On looking for new buyers
  • (21:37) Getting that full level of discount from your sellers
  • (24:53) Where’s the drama in the business?
  • (28:05) Never tell a seller what should they sell their house for, only tell then what you buy it for

----------
Resources:

  • Zillow
  • MLS
  • TruREI
  • Email Grant at: [email protected]
  • To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

  continue reading

1742 episodes

Artwork
iconShare
 
Manage episode 506861890 series 2391406
Content provided by Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits!. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits! or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Grant Galloway discusses a common mistake wholesalers make when scaling their businesses: focusing too much on marketing budgets over deal quality. He argues that this approach often leads to a "race to the bottom" where wholesalers overspend on marketing to find low-quality deals, ultimately hurting their profitability.

By focusing on getting the best possible discount from sellers, wholesalers can secure high-quality deals that will naturally attract a list of eager buyers. This approach reduces marketing costs and builds a more sustainable, profitable business.

Curious about this episode? Tune in now! And don’t forget to join the TTP Training Program for more wealth building strategies.

---------
Show notes:

  • (0:40) Beginning of today’s episode
  • (11:20) Working with a small team
  • (12:46) On looking for new buyers
  • (21:37) Getting that full level of discount from your sellers
  • (24:53) Where’s the drama in the business?
  • (28:05) Never tell a seller what should they sell their house for, only tell then what you buy it for

----------
Resources:

  • Zillow
  • MLS
  • TruREI
  • Email Grant at: [email protected]
  • To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

  continue reading

1742 episodes

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