Wholesaling inc with Tom Krol?

Question

Does anyone know anything about Tom Krol and wholesaling inc?

Jerryll Noorden · Answer

Well I agree with all 3 of you devilishly handsome gentlemen!

So, here is my bit of input on this.

Although you all are right,

wholesaling is inherently easy right?

You get a contract signed under market value, and you sell it to a buyer at a profit.

That REALLY is the gist of it.

Now Charles, the reason why it is so difficult for you.. is BECAUSE there is so much info out there. Life is easy if there is only one option ahead of you.

So if you need to do this right you need to do this:

Rewind. let go of all the knowledge you have accumulated and all the wealth of info there is in front of you.

Now, you have the blueprint of wholesaling. Getting a contract and selling it. That is all you need (for now).

Now, just focus on what you need for the first step, and just sort out that first step. Getting a contract signed. There is plenty of info on this on the net but you do not need to focus on every bit of it. Just the absolute necessary of getting a contract signed. The go to step 2 without over-complicating things with options and possibilities and what if this happens what do I do then...

Here is the trick...

All the gaps of knowledge you have.. all those insecurities of not knowing what lies in between step 1 & step 2, will automatically force itself upon you when you reach that point, and THEN you will solve that issue. That is called "experience". that knowledge and that "how to do it" will embed itself in you after you have solved that issue. And as you proceed more and more, you collect all these "solved issues" and that will define your knowledge.

Now remember what I said: just focus on the first step?

Well...

Yeah man, you do not need a mentor or a teacher for wholesaling.. that is easy. Remember: signing a contract, selling said contract.

Do you know WHAT is hard?

Getting LEADS motivated enough to sign a contract at discount. Every one says  there is a shortage of this yet everyone swears by their marketing method (then why is everyone having a shortage.. or complain it is so expensive?!).

So here is what I did.

Here is the secret to wholesaling, flipping B&H...

Lead Gen like a BEAST. THAT is the secret to success. Not "How do I do wholesaling"

DO NOT FOLLOW THE MASSES!!!!

when someone tells me "ohh my friend took that course and it helped them immensely..." That tells me nothing really.

Was he getting 0 leads and now he is getting 1 a month?

Well sure it helped him immensely... but those numbers are quite bad. I am not whaling on anyone here.

If you want to be a successful wholesaler you really need leads. Not an education on how to wholesale. Seriously!

You need to go back to your infrastructure of your business.

This is what pretty much all new wholesales/investors make.

They want to jump in with all the processes without even having any structure or system set up.

NO dudes! What the EFF man!

Don't go rushing to send out DMM. Don't go rushing buying a course from a guru. That stuff is not going to help you manage getting a solid infrastructure ready.

To wholesale, you need deeply discounted properties under contract. If you do not have a method on how to get these, you are jumping the gun!

Set up your business. Develop a strategy that will generate you leads. That is what I did. And  I get countless and countless of leads every day without effort completely free that are highly motivated.

How?

Before I jumped in, unlike most, I did my research and I was smart. I invested time and effort and it was my mission to become the absolute best at SEO. I set out to be the person to go to when it comes to SEO.

Am I that person now? No idea, but guess what.... who cares!!

my leads coming in is indication how valuable that effort of becoming the best is.

So.. you can either run for help and be like the 80% of the people... more like 95% to be honest.

Or be one of the 5% of the people and become successful on YOUR TERMS!!

Charles Willie Harris · Answer

But that's the thing--there's TOO much info out there and it can be very challenging and difficult without guidance and structure that some of these programs can provide.

Bryan S. · Answer

@Arturo Andres Lara I have heard good things about his podcast episode.

I always see the same style of responses from these type of posts “it is all free on the internet” etc, some folks learn better with more guidance. I can read how to work out and get a 6 pack, but I can learn faster with a trainer.

Don’t be afraid to invest in yourself.

Ryan Whitcher · Answer

@Arturo Andres Lara

Can't speak for Tom Krol's program - but I do know that there aren't any secrets in Real Estate and every single piece of information you'll ever need is attainable for free via BP, Youtube, Books (library), etc. However, some people will act more if they have 'skin in the game' when they fork out a chunk of money to a course. So just keep that in mind!

If your end goal is rentals, maybe just jump to focusing on that instead of wholesaling? Just a thought!

Thanks,

Ryan

Corey Thompson · Answer

What't the cost?

Jerryll Noorden · Answer

Again with "I heard good things". It is always a friend of a friend of a friend.

No one is saying not to invest in yourself.

But ask yourself. What is the better investment.

Buy a fish  or learn how to fish.

The topic here is what is worth investing in.

Is it worth paying a guru 20K for "guidance" on to how wholesale .. NO! But hey, if that is what it takes to get you going, dude go for it. But is this the general advice on the way to do it? No. It is an inferior way. That is why you keep hearing the same response. Because it is not the best way to do it.

Is it worth paying a guru to show you and teach you how to do SEO, FB ads DMM.. YES Absolutely.

It is about what to invest in. As you said it yourself. Invest in yourself.

Paying someone to hold your hand is not investing in yourself. You are investing in THEM!

Let me tell you what it means to invest in yourself.

Become the friggin dude you NEED to be to make it. You can not pay anyone for this.

You need to learn how to step up. You can not pay anyone for this

You need to fall down and get up. You can not pay anyone for this.

By doing it, figuring it out, training your mind to step up, by changing you mind set evolving, rise above the noise.

THAT my friend is investing in your self. The ONLY way to change is to get off that shoulder of giants, and walk on your own for a change!

Let me then tell you one last thing.

The reason why he, you, they, she, it  are/is not successful, is simply because the person you are right now is not good enough. PERIOD. Harsh? Yep very.

If you were that person you  WOULD have been successful by now, or at least steadily getting there.

You need to change the person you are today into the person you need to be to breach that gap between where you are right now, to where you need to be.

Your current situation, your current life is the result of your current abilities, talents and mindset. You are in equilibrium!

You need to make a CHANGE to make things better and go where you need to be.

YOU can NOT pay anyone for that.

So we clearly have a very different definition of what investing in yourself means.

Jon Parton · Answer

While there are no secrets to this business Tom Krohl is the real deal. Him and Brent Daniels are the best teachers on Wholesaling that I have encountered. I have done over 60 deals since March of 2018 and I attribute much of what I've done this year to their strategies. It has been life changing. The video they released last week on how to start with $100 is a great place to start. These guys are legit. Their program is pennies in comparison to the other guys. I'm currently in their TTP program. Very few coaches out there genuinely want you to succeed. These guys are giving back.

Jerryll Noorden · Answer

If you feel this will get you successful, then it is definitely worth it!

Jerryll Noorden · Answer

I can agree to that for sure.

Absolutely there is money worth spending in coaching.

I just don't think wholesaling is it.

Here is why. THe hard part of wholesaling is the part YOU need to do yourself.

Finding leads. Doing ARV, cost of repairs, negotiating. This is stuff YOU need to practice and do on your own. A guru can not do this for you or help you do it. It simply takes practice. so for that paying for wholesale coaching I just cant agree with it

Breshawn Hawthorne · Answer

I Agree with @Ryan Whitcher there is enough info on the internet and in books to dive in and start learning instead of putting that money into a course maybe put it into marketing after you learn from Youtube, BP, Books, Etc

Wholesaling inc with Tom Krol?

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