Jesus Gabriel Mendez closed five wholesale deals per month for two years. He focused on one marketing channel, got verbal price agreements before contracts, stayed honest with cash buyers about numbers, and pitched only to a targeted list rather than blasting thousands of people.
If you spend 5 hours a day every single day trying to close your first wholesale deal, try this. These 7 things got me to close 5 deals a month consistently for the past 2 years. Number 1, don't focus on multiple marketing streams because you will lose money and time. Pick one and run with it. And now that you have a motivated seller, don't send out the contract without having a verbal agreement on price. And also, don't let them get off the phone until they sign that agreement. Now that you have a contract, 2. Don't inflate the numbers when you're sending it out to cash buyers. You will only look stupid and untrustworthy. 3. Then don't send it out to thousands of cash buyers because you will lose the deal to other wholesalers and the deal will seem ran through to other investors. If you don't want to be a broke wholesaler, follow me for more.
