Episode 08: Is Wholesaling Right for You? With Christina Tamas

During this episode of the Sam’s On Fire Podcast, host Sam Livingston, business coach, and realtor, speaks with Christina Tamas, an agent that specializes in wholesaling and working with investors. She shares how she first became involved in wholesaling, why someone might choose to wholesale their home, and how she built her business organically. She will inspire you to think about new ways to collaborate, open up new possibilities for your business, and get out of your comfort zone.

 

Episode Highlights: 

Christina Tamas worked a corporate job for many years. After having her first child she wanted more flexibility. 

When she first started in real estate, she worked with an investor-friendly brokerage. 

She brought on a team so she could leave her business knowing it would still thrive.

Attending a mastermind inspired her to automate some of her business processes.

Many agents want to be the jack of all trades.

Christina likes having a team because she can then focus on her strengths.

Christina describes how she runs her business virtually.

Everything has to make sense for the investor and if it doesn’t, it isn’t a deal.

Working with investors takes the emotion out of transactions.

Investors present many opportunities because they're either going to be buying several homes or selling several homes.

She doesn’t like to see others as competition. Instead, she focuses on joint-venturing.

Once you try to talk to people and collaborate, the possibilities are endless.

It’s not only about making money. When you’re truly able to help someone, that feeling is phenomenal.

Why would someone want to wholesale as opposed to list?

Often they can’t afford the realtor and closing costs.

Sometimes they don’t want to list their home because there are too many repairs to do.

It’s truly about finding a homeowner’s motivation to sell and then finding out which exit strategy best meets their needs.

She grew her network organically and began with Facebook.

In the beginning, she attended monthly networking events.

Now she holds her own networking events.

You will get results if you are consistent on social media.

Everywhere you go, you should be talking about what you do.

Christina had to push herself out of her comfort zone with social media and networking.

Having a great social media presence can help people know, like, and trust you.

There are endless ways to make money in real estate investing.

If you’re thinking about investing in real estate or wholesaling, first ask where you need to get started.

Then ask who you need to connect with in order to get started.

Everyone Christina refers out is someone she uses personally.

Most people don’t know about private money lenders.

Find out more before you stop yourself from being successful. 

 

3 Key Points:

  Once you start seeing people as collaborators instead of competitors, the opportunities are endless.

  There are many reasons someone might want to wholesale instead of listing their home. The top reasons include money and repairs.

You can grow your network organically by being consistent on social media. 

 

Resources Mentioned:

Sam Livingston website, Facebook, Twitter, Instagram, YouTube, LinkedIn

Christina Tamas website, Facebook, email