What's Key to Your Wholesaling Success?

Question

I'm listening to the BP Podcast 031 Building a Professional Wholesaling Business w/ Lamar Cannon. Taking lots of notes and loving what I'm learning.

In your experience what's the key to success in wholesaling?

Abdul R. · Answer

Persistence. Marketing. Negotiation.Networking.

That was a very good podcast by the way.

Anson Young · Answer

Exactly what Lamar said: Consistency.

Consistent marketing, consistent followup, consistent networking.  That plus hard work and you will get to where you want to go.

J Scott · Answer

Hard work.

J. Martin · Answer

Hi James, and welcome to BP! I’m a ‘fix and hold’ investor from the Bay Area in CA, and loving it! But you’ll find a variety of every type of investor on the site, and everyone is amazingly helpful. Some pointers for you: The "Learn" link across the top navigation bar has lots of great info, and so do BP members! You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile. And you can tag people by typing @ before you type their name, then clicking their name at the bottom of the message box. Welcome to the site, and good luck in everything!

Ryan Boyce · Answer

I think honesty and integrity are the most important thing. Anyone and sell/deceive a person once but it takes a genuine person to sell to them over and over. It will go a long way.

Lamar Cannon · Answer

@James Swan  I'd say the keys are:

• Consistent Marketing - you have to have a pipleline of deals coming through.  Inconsistent/No marketing = little to no deals
• Persistence (In all aspects - never quitting, taking "no's",  following up with sellers, etc)
• Honesty & Integrity - A lack of these two equals the demise of your career in real estate investing
• Networking - the more people you know, the more deals you can do.

It seems like you will do well.

Make it happen!!

What's Key to Your Wholesaling Success?

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