The FasterFreedom Show: Change the Way You Think About Freedom

Wholesaling Property: The Ultimate Guide to Success | EP. 64


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What does it take to get into wholesaling property — and then succeed? Sam has another handsome bald man (not Lucas) as his wingman today: FasterHouse’s Dennis ‘DJ’ Montgomery. 

DJ is sharing how he went from rehabbing houses for people (after studying plumbing) to seeing a fat $3K paycheck for a wholesaler and realizing that there were easier ways for him to make money.

Appreciating and understanding wholesaling is what this episode of The FasterFreedom Show is all about. 



There's authenticity when it comes to connecting with the seller, and there’s a relationship that needs to be managed with the estate agent



There’s always opportunity, regardless of what the market is doing, and there are ways to expand your network over time in smart, entrepreneurial ways



Sam and DJ unpack wholesaling in a clear and concise manner, doubling down on the pros and avoiding any long cons as they write down the numbers (on paper) and show those numbers to the seller, all the while preaching transparency and upfront honesty



This is a refreshing insight into what it takes to be the ‘middleman’ in a deal, while still ensuring that it’s a win-win for all involved in the deal.  



“If you’re going to buy a house and you’re going to shop it for a buyer, tell them that you’re going to bring buyers through, explain to them that you are able to bring investors that they wouldn’t be able to find otherwise.” - Dennis Montgomery 



“You have to be yourself.” - Dennis Montgomery




In this Episode:

-DJ’s origin story (interested in property at 18) 

-Leveling up: wholesaling 50 to 60 houses in a year

-Why non-marketed leads are the best leads

-What makes a good agent — and why wholesalers should stay friends with them

-How to do wholesale risk-free

-How do contingencies come into play in wholesaling?

-What does it mean to ‘Dog and Pony Show’ someone’s house?

-Being upfront and honest gets you a long way

-Physically writing the numbers down and being transparent with the seller

-Sitting down and being ‘on their level’ (literally) when you make an offer

-Being human and finding something to relate to as the wholesaler

-Investing in yourself by learning how to wholesale property

-Writing handwritten letters to homeowners in your neighborhood asking if they’re willing to sell

And more!



Connect with Sam and Lucas:

- Website - https://fasterfreedom.com/

- Instagram - https://www.instagram.com/samfasterfreedom/

- Facebook - https://www.facebook.com/SamFasterFreedom/

-

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The FasterFreedom Show: Change the Way You Think About FreedomBy Sam Primm and Lucas Walls

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