#75 with Tyler Austin: Scaling to 100K in Deals per Month with Wholesaling

Millennial Millionaire Real Estate Podcast

English - September 17, 2020 16:53 - 37 minutes - 69.2 MB - ★★★★★ - 56 ratings
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Previous Episode: #74 with Christine Teh: Being Smart with Your Money & Prepared to Leave Your W-2 Job

Next Episode: #76 with Kaaren Hall: How to Reallocate Your Investments Outside the Standard Retirement or Savings Accounts

In this episode, Jonathan Farber interviews Tyler Austin on his journey from stepping out of work for the government to managing more than $100k per month in deals. Tyler is a wholesaler and marketing expert based in Fort Walton, Florida. In this episode, we dive into topics like: wholesaling explained, learning from experience, hyper-efficient marketing, and more!

Top Takeaways:

Understanding wholesaling - 9:00 - 11:45

Wholesaling is like any retail business - something is bought at a discount and resold

The extra work that comes with wholesaling is in the finding of the seller to the buyer

Wholesaling is all about finding solutions, particularly for sellers

Takeaways from your first deal - 25:30 - 28:30

Direct mail didn’t work in that market - change strategies

If you need to free up time, hire out the repetitive tasks

Invest in getting better, cleaner data - if you can’t do it yourself then pay for it

Getting the most out of your marketing - 29:30 - 32:00

The more targeted your marketing, the farther your dollars will go

Filtering the data you obtain for the best leads gets you quality targets