Wholesaling properties is a lucrative way for investors to quickly acquire properties with little capital. However, it may not be for everyone because it requires sound knowledge of the market, strong negotiation skills, and a network of potential buyers. However, some investors’ success in the field serves as an inspiration for many.
Safe Home Offer owner, Kyle McCorkel, shares with us how he became a full-time real estate professional with a focus on wholesaling after serving a decade in the consultancy industry. Josh McAllen of syndication company Accountable Equity sits in for Life Bridge Capital’s Whitney Sewell as host in this episode.
Key Points From This Episode:
Tweetables:
“Passive income will be great. So eventually, that got me started on real estate. I started buying some of my own properties in 2015.”
“I then started with buy and hold. Then I started flipping and then I started wholesaling. So I think the reason that that happened that way for me is because I was just always looking for deals.”
“I started finding good deals, and my only strategy was to buy them and hold.”
“So right now I just do like an overall portfolio snapshot. And I'll say, this is the amount we made in the portfolio this month. I think it helps to keep me accountable to my audience out there.”
“There's another entity that's the wholesaling entity that actually feeds deals into the buy and hold.”
“I'm very analytic
After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.
I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work.
I'm looking for five men to walk closely with who want to lead well at home and work.
Email me at whitney@whitneysewell.com and tell me why you should be one of the five.
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