Jackson Sudderth explains how Ryan Panetta makes over $200,000 a month wholesaling real estate. Find distressed homes, get a contract from the owner, assign it to an investor buyer, and pocket a $20-30k fee without ever buying the property.
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This guy makes over $200,000 a month wholesaling real estate and we're gonna steal his business model together. This is Ryan Panetta, and he makes his fortune wholesaling real estate. He resells cheap off market properties like this for a profit. But instead of spending thousands of dollars renovating or listing it on the market with a realtor, he just finds underpriced homes, gives them to people who actually want to do the work, and he takes a twenty to thirty thousand dollar fee so he never has to take the risk buying or renovating the house to make a profit. And the best part about real estate wholesaling is it's super simple to start. Let's break down how to copy his business model step by step. First, we're going to drive through neighbo neighborhoods that have distressed homes in them. Second, we're going to find all the worst houses in the neighborhood. We're going to go on true peoplesearch.com input the address and find the owner name and phone number. Third, you're going to call those numbers and tell them you want to give them a cash offer on your home. The offer price should be ARV or after repair value times 0.7, minus repairs, minus wholesale fee. The larger the fee the better, but do whatever you can to make a modest profit. Once the seller agrees to that, you're going to take that contract, you're going to go.