Real estate wholesaler Speaker B argues that 90% of wholesaling success comes from mindset, not strategy. The actual mechanics—finding deals, assigning them, making profit—matter far less than the mental framework you bring to the work, especially when starting out.
That's an incredible journey. Mindset seems to be like a huge thing that helps you take that leap.
I honestly feel like my success, and I think this can be generalized, is it's 90% mindset and maybe 10% strategy or technique.
Really?
You know, wholesaling, the strategy of like, you know, find a deal, assign it, make money, that's like 10% of the equation. The real estate between your ears is like where it's really at.
Yeah, because I've heard a lot of people say the most important thing is between your ears, right? Yeah, I think so. I really think so. So now talking to Invest Drive Nation, right, a bunch of new investors mainly, what would you recommend for people that are getting started? Would it be focus and develop an amazing mindset, or just take action and get into it and learn?
I think you just need to be super aware that The business model— wholesaling, flipping, whatever it is— the business model itself is important. You've got to have the strategy.