MAN OF PRESTIGE

OTA2022.1-I QUIT! The Profitable Exit | Wholesale Real Estate

I QUIT! The Profitable Exit | Wholesale Real Estate

This is OLA coming to you live from myEmpirePRO studios and we are back to the basics of wholesale real estate.

Isn’t it?

--> READ THE BLOG POST HERE

https://myempirepro.com/blog/quitprofitable-exit-wholesale-real-estate/

--> WATCH VIDEO VERSION HERE
https://youtu.be/Wd0keEKYFoU

Listen… it was a much needed spike and hype… but may be more so natural. 

I’ve seen this happen quite a few times since I launched my career as an entrepreneur with wholesaling and short-saling real estate back in 2005.

The ups and the downs… both big and small… in fact, my first successful business was wiped out completely with the 2008 recession.  So, I’ve seen this a few times since then but we are still standing.

As you know I teach smart real estate wholesaling here with the most affordable training and coaching platform.  A big part of the idea behind that is to be able to thrive in any market.

Some of the most successful wholesalers in recent times are about to go broke because they were plugged in on non-evergreen “good times” types of systems.

What do I mean by “good times”?

You see every business type is cyclical in nature.  The same is true for all 5 stages of the wholesale real estate business model.

There are times when every aspect of it is super easy and there are times when it is super hard…. but also every in-between possibilities.

What is Wholesale Real Estate?

Wholesale real estate is the art and science of finding a deeply discounted property leveraging digital age marketing skills, locking the property up in a purchase contract… 

…and finally selling the equitable rights to purchase the property to an end buyer investor who will typically fix up and resell.

You can make any where from $0 to $82,000 net profit per deal based on my personal experience. I’ve averaged between $15,000 and $30,000 per deal in my experience.

Here are the 5 stages of the wholesale real estate business model.

STAGE 1 - Data

For obvious reasons, this is the most important stage of all five.  I personally use the tool at www.EmpireBIGData.com for this.

STAGE 2 - Contact

This is the state where you set up marketing campaigns to contact or attract motivated sellers to initiate contact with you.  You can use the same tool.

STAGE 3 - Lead

Once a contact is initiated with an able and willing motivated seller, it is now in a lead stage.

STAGE 4 - Contract

After successful negotiations, a contract is drawn up and executed with agreed terms between you as a buyer and the seller.  The contract creates equitable rights for you.  There are specific strategies to make the equitable rights transferable for a fee.

STAGE 5 - Deal

At the final stage, a profitable exit is facilitated when you sell the equitable rights to purchase the property to an end buyer investor.

This is where I quit or EXIT the deal and walk away with $15,000 - $30,000 just to repeat the whole process.

So in recent times, the business became so attractive that hedge funds started buying a tons of rights to these deals in bulk.

They were buying them as much as up to 90% of the property ARV.

What is ARV?

ARV is the after repair value of a piece of property. We simply pull up 6 months old or less comparable or comp recent sales within one mile radius proximity to the subject property and perform a weighted average.

That’s tells us the ARV or after repair value of the subject property. Again, my favorite tool for this business, www.EmpireBIGData.com does this seamlessly in less than one minute. 

Traditionally and more sustainably, our maximum allowable offer (MAO) for any property is 65% of the ARV.

As I was saying, the influx of the hedge fund buyers allowed many to be able to pay up to 90% of the ARV. Many wholesalers have made stupid insane amount of money damn near almost printing money until recently.

They would close a few deals and in less than one year, start selling courses in upwards of $45,000 for coaching and become overnight millionaires.

Well… the party is over. Back to basics and evergreen methods which I never stopped teaching.

Good times create weak business people and lucky you… I experienced my first recession in 2008 and I only share sustainable business models.

When you are plugged in on an evergreen system like our 11 days challenge, you can’t go wrong because it’s built to thrive during bad times and laugh at everyone else during good times because you can see where it’s going.

If you are listening to this, there is a good chance you are already going through the 11 days challenge. If not, first of all download my book for free at www.smartrealestatewholesaling.com to understand the system.

Then you will get an invitation to join the 11 days challenge. You will not be spending $45,000 on coaching. God forbid! If you hurry, we have a promo for $1.

You heard me… One Dollar!

The only downside to getting started extremely affordably is that people who don’t pay tend not to pay attention. I just want you to be aware of that massive risk.

So it’s about to get interesting.  Many of the gurus are about to panic and go broke because the hedge funds are panicking right now and pulling out of deals.

Many regular consumers who overpaid for houses during the last upward trends are also about to end in an avalanche of pre-foreclosures in many counties around the United States.

Right now, you can position to capitalize on this massive opportunity. Traditional cash buyers are standing by ready to pay you handsomely for finding these deals.

All the big sharks who entered the business will tens of millions of dollars are disappearing overnight for breaking our traditional rules in wholesaling.

But humans still need shelter right?

Misfortunes still happen right? Sadly!

Pre-foreclosure list and departments are still being maintained at the county government house right?

The business is not going anywhere. Regulations may adjust and optimize to accommodate safe environment for consumers.  

Real entrepreneurs know how to pivot accordingly. I have been doing exactly that for about 18 years now.

Let me teach you how to find me deals all from home… even if you do not leave in the United States and I will pay you $10,000 for finding me a United States deal all digitally.

Come on in and let’s make money together.

News broke out that JJC Skillz and his superstar wife Funke Akindele are now separated.

--> READ THE BLOG POST HERE
https://lolaandola.com/the-insecure-man-ft-funke-akindele-jjc-skillz/

--> WATCH VIDEO VERSION HERE

https://youtu.be/Q-JRZci5AgE

Who is Funke Akindele?

With tons of awards, she is arguably one of the biggest actresses out of Nigeria’s movie industry which is the biggest by volume in the world and number two with respect to everything else.

She is featured in tons of movies on Netflix.  Just search her name.  She is also popularly known as Jenifa which is one of her most popular series and a movie version which if I’m not mistaking, she directed.

According to wikipedia, she got married to a British-Nigerian rapper popularly known as JJC Skillz. 

In December 2018, they welcomed twin boys as a couple.

On June 30, 2022, JJC Skillz announces that they are parting way in a post I saw on an Instagram profile; instablog9JA

I want to share some wisdom with you with regards to this from a man who has been married for well over a decade.

But first… here is the announcement I saw…

And I quote!

“Dear Friends and family I need to let you know that Funke and I have separated. While it lasted we shared a lot of things together and have created 2 beautiful children. 

The last two years have been extremely difficult for us. I know I have tried my best to fix things but I believe it is beyond repair now. 

3 months ago and at Funkes insistence I moved out of the house and apart from AMVCA have not been able to get Funke to sit down in an amicable manner to discuss the future of our relationship. 

I’m making this announcement so that the public is clear that we both are pursuing separate lives. 

We still have issues that need to be addressed such as the custody and wellbeing of our children which is paramount as well as business interests which need to be disentangled but I have no doubt that these will be resolved one way or the other

Mr Abdul Bello”

The speculation from sources close to their camp is that Funke is proud… as in arrogant for those who do not understand Nigerian English.

According to an Abimbola on Clubhouse who claimed to know Funke, he said… “though JJC Skillz is not perfect, Funke is not an easy woman to deal with.”

A few months ago, JJC Skillz’s son from his previous relationship dropped some revealing information about their extended family.

It included allegations of child abuse… some serious direct “panel beating” on his son’s head while actually driving in the middle of London street.

As a step son, he also testified to allegations against Funke Akindele that… And I quote…

“She slaps her workers and calls them names. She accuses people of dating JJC Skillz.”

He went on to say Funke has cheated on his Dad.

On the day of the announcement, there were 300,000 Nigerians on ClubHouse arguing JJC Skillz’ financial status before merging life together with Funke.

But then I noticed that none of them was able to substantiate how he was making any substantial amount of money that we can match against what Funke Akindele had going for years before him due to her status.

But I guess that’s beside the point.

Apparently, JJC Skillz had his son live with them and many conflicts ensued that he clearly could not resolve.

But let’s talk about this condescending statement he made.

And I quote…

“I know I have tried my best to fix things but I believe it is beyond repair now. “

This statement is as typical as it comes when a man has just failed in a relationship or marriage (chop breakfast) and he is butt hurt.

It’s disrespectful to himself at best.

The least he could do is change all the I’s in that PR statement to include the mother of his kids.

That will reflect more self-respect than trying to play Mr Perfect who survived a failed marriage.

Is Funke Akindele Perfect or a Toxic Woman?

Apparently, there was a leaked video where Funke was accusing him of cheating and using company funds without proper accountability…

If you have access to that, please share with others in the comment area.

Are you noticing a pattern with high status women with regards to marriage?

Why can’t people be like Omotola Ekehinde (another actress) and her husband who is a  professional air pilot?

To me, it’s been clear that Funke and JJC Skillz’ marriage has been going through the mud and it’s very sad for the institution of marriage.

Here are the allegations…

I’ve heard people quoting a blogger called gistlover claiming the cause of separation to be:

1. Infidelity 

1. Mismanagement of Funds and 

1. Ego

I heard someone say they should have gotten married with a joint bank account.  I think that’s an ignorant suggestion.

The person said … and I quote “after all, he is the husband and why can’t he take money from their business account?”

First of all… that’s all speculation.

But let’s be clear. If you as a man choose to go marry a woman of higher status like Funke Akindele, the only joint document you should be expecting to sign is a prenup if her team knows what that hell they are doing.

You can check out Kandi Burruss and Todd of The Real Housewives of Atlanta.

So this guy had been posting a few proverbial songs on social media for a few days prior to his terrible amateur announcement…

This is all “unrealistic expectations” at best.

Funke Akindele is damn near the biggest actress in Nigeria. How do you not expect that to come with a healthy amount of ego that is not necessarily deliberate?

So even if she is guilty of the accusations of arrogance, that will be in addition to the natural.

As usual, this is a terrible version of unrealistic expectation mixed with egotistical pride on steroids.

Ok so apparently and allegedly, JJC Skillz and Funke Akindele lived in a 7 bedroom house but yet had to rent another house in town for his other extended family.

Is This What Funke is Guilty of?

So somehow, that 7 bedroom-family house is for the extended family and not a nuclear family?

Please… in the comment area… help me make this make sense.

I am in no way exonerating Funke here.

But my job on this channel is to hold the leader of the household accountable.

It’s not an indictment.  I am just pointing out your leverage point as a man which includes the choice to walk away and mean it when necessary as a leverage for best negotiations.

Gentlemen. We can’t negotiate desire.  We can’t afford to discount the power of desire, attraction, emotions and seduction in romantic relationships.  These are skills you must learn.

Funke is most likely not going to make a statement… that’s her track record.

But here we have a man who couldn’t wait to run to social media to make such a condescending announcement about his own family.  Your ex-spouse, especially with kids made together, remains your family for the rest of your life.

I have to be honest with you.  I expect to see more excuses for JJC Skillz outside of holding him to account for his decisions.

After all, you as a man can control your decisions more than you can control another human being who clearly has a higher status in society than you.

To be married to a Funke Akindele, a man will need to be 100% secured in himself.

Newsflash: That’s almost impossible.

Why can’t she just submit to her husband?  It’s not that simple.  

Even if she tries to submit, insecurities of a typical man will creep to the surface and attract disrespect from a typical woman of higher status.

We are not talking about people on salaries here.  There is nothing wrong with a wife making more money than you as a man… but don’t do it… especially if you think there is no such thing as an insecure man.

That’s precisely what you are with that belief system.  Don’t bother trying it.

Funke Akindele is a woman of a certain status and she’s been that… long before JJC Skillz came into the picture.

If you’ve been paying attention, sadly, these things are predictable.

That’s especially true in the modern age.

This is the actual reality that many men are having a hard time adjusting for.

I’ve noticed that they’d rather talk about their fantasies of going back to 1933 ways of doing marriage.

Good luck!

So the fact is that men need intensive coaching to marry in this time and age.

Also divorcees should definitely stay away from marriage until intensive 1 year coaching.

I offer all those things extremely affordably. The only excuse is ego.

Also... I have update for you on what I am learning about defamation trial between AMBER HEARD & JOHNNY DEPP .

#trendingnow #BanAssaultWeaponsNow #JohnnyDeppAmberHeardTrial

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

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➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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ALL CLIPS ARE USED WITHIN FAIR USE GUIDELINES.

Let's talk about bride price and dowry culture with relationship to dom3st!c vi0l3nce.  Can we blame it all on the ancient culture of bride price and dowry?

#brideprice #dowry

This is Man of Prestige | Episode 27

#trendingnow

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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Gentlemen... this also is our responsibility and we will talk about it today.  Other platforms are engaged in blaming... let's talk about solutions.

Our children is our responsibility.

We will also talk about Dwayne Wade and Gabrielle Union's public parenting, Funke Akindele's step son... and more.

#marriageadvice #trendingnow #manofprestige

This is Man of Prestige | Episode 26

#trendingnow

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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Let's talk about the influx of fake marriage advisers and gurus on social media, the NYC subway suspect who happens to be a fan of the manosphere and discuss the similarities between feminism and the manosphere movement.

Stop... it will be LIT!

#marriageadvice #trendingnow #manofprestige

This is Man of Prestige | Episode 24

#trendingnow

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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We are talking about Sister Osinachi.

Osinachi Nwachukwu a lead singer at the Dunamis International Gospel Centre, Abuja, rose to fame in 2017 with ‘Ekwueme,’ a song she did with Prospa Ochimana.

At first, she reported was deleted by Cancer, but there has been a new update as the husband has been arrested for DV.

We will also talking about Christian Tobechukwu Obumseli whose Girlfriend, Courtney Tailor seems to be presently free.

This is sad and we have to talk.

#osinachi #obumseli #manofprestige

This is Man of Prestige | Episode 24

#trendingnow

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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In recent times, there has been a fleet of weak male humans being exposed everywhere because of the field leveler, the internet.

Today, I will be sharing example.  Gentlemen, we cannot allow the ball to drop.... we've got work todo.

Will Smith, August Alsina, Oshay Duke Jackson, Coach Corey Wayne, Jada Pinkett-Smith, Chloe_ and More on Today's episode of Man of Prestige.

#willsmith #trendingnow

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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23rd Episode

I have some updates on the Korra Obidi and Justin Dean's divorce and custody battle...  There are tons of relationship lessons in this today.  

Learn how to prevent your relationship from going in the ditch like this... 

Stop by and let's talk about.

#korraobidi #justindeen #trendingnow

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

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22nd Episode

Today, I am bringing Clayton on as a special guest to help us add more context to his 16 minutes viral video.

He continues to receive lots of shaming, insulting and more in response to the video... just maybe he was misunderstood.

He compared East African, Nigerian and Ghanian Women to Indian, Korean and Chinese Women... apparently, East Africans like to call the Government in to eventually destroy their own family.

I am also going to ask him what his thoughts are about FBA (Foundational Black American Women?

It's going to be LIT!

Also... I changed my mind... we will talk more about Will Smith, Jada & Chris.

ATTENTION MODERN MEN, MOTHERS, & LADY FRIENDS
FREE GAME FOR MEN ➡️  http://Game100ForMen.com 
Master Successful Relationship the Modern Women 

2 FREE Books on Real Estate Money Secrets
➡️ http://RealEstateMoneySecrets.com

FREE Book on Saving a Broken Marriage
➡️ http://GetMyMarriageBack.com

SUBSCRIBE at this link:
➡️ https://www.youtube.com/channel/UC4Cb06JZp12y76LY3Y4i-Wg?sub_confirmation=1

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