DONT BE GREEDY #entrepreneurship #wholesalerealestate

Name: DONT BE GREEDY #entrepreneurship #wholesalerealestate
Uploaded: 2025-11-16T05:51:34+00:00
Duration: 54 s
Channel: Jay Mendez
Description: In this monologue, the speaker reflects on losing numerous wholesale real‑estate transactions due to greed. He argues that chasing larger profits (e.g…

16 Nov 2025 · 1 min

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In this monologue, the speaker reflects on losing numerous wholesale real‑estate transactions due to greed. He argues that chasing larger profits (e.g., $20K‑$30K) at the expense of smaller, reliable deals ($5K‑$15K) harms cash flow, marketing budgets, and relationships, especially in limited‑buyer markets. Small deals fund ongoing marketing and enable the pursuit of occasional "home‑run" deals ($50K‑$100K). The speaker advises taking reasonable profit on each transaction and closing more deals, while noting that in hot markets with abundant buyers, maximizing profit on a single deal can be justified. The core message is to avoid over‑negotiating, preserve consistent income, and let profit drive volume rather than size.

Chapters

I've lost countless deals in my wholesale real estate business because of greed. There's a saying that goes, pigs get fed, hogs get slaughtered. And in this business, all the hogs are broke. Those smaller deals, those $5K, $10K, $15K deals that I lost out on because I wanted to make $20K, because I wanted to make $30K, cost me more money in the long run. Not only in relationships, but also in time. Those $5K, $10K, $15K deals are the ones that cover the marketing, are the ones that give life to your business so you can keep marketing to find those home run deals that are $50K, $100,000. Don't walk away from these smaller deals and over-negotiate when you don't have the pedestal, especially when you're in a smaller market with a limited buyer pool and you don't have a perfect flip opportunity. You have to walk away with profit. Now, on the other side of the coin, if you are in a great market, you have buyers outbidding themselves, and you know what you have, obviously take as much profit as possible. But pigs get fed, hogs get slaughtered. Live and die by the quote. Take profit and go close more deals.