$250k in 1 MONTH CHALLENGE (Day 1) | WHOLESALING REAL ESTATE

Tyson Smith, a real estate wholesaler, makes live calls with sellers to find deals. He offers $52,000 cash for a 1,100-sq-ft home in Edinburgh and discusses a larger Indiana property where he can offer either $253K cash or a service deal worth $363K to the seller.
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That looks better. Okay, 480-700-0270.
Yep, that's it.
Okay, all right, all right.
Thank you, thank you.
We'll talk later. Okay, bye-bye.
All right, well That phone number is gone. Let's go ahead and change that real quick. All right, there we go. Okay, um, we got the new number rolling now, so that number will be thrown in the trash. What were you cuffed up for? I had an MIP. I was buying fucking like 30, 40 racks, walking out of this gas station, loading it into a truck with my boy. Fucking Suburban pulls up, gets out, undercover cop, and he's like, hey boys, I'm gonna need to see some ID. We were both just so fucked. So they arrested us, took us to jail. I was in jail for like 3 hours. I was completely sober. It was fucking terrifying, dude. Um, I saw a guy take a shit in there because it was in like a holding cell, so there's like 8 other people in there, a lot of people sleeping. In jail, it's cold, and so everybody's like this. Everybody's just like in their shirt like this. And it's funny because when I got there, they like told me that they were like, hey, take your shoes off or something. I figured I was like having to take all my shoes off, so I took my boots off. I was wearing L.L.Bean boots and I took my socks off and then I like stepped in these little fucking prison sandals they give you. And the police officer was like, bro, you don't want to put your bare foot on that.
I was like, whoa.
Put my socks back on. Yeah, it was not a fun day. Not a fun day for Dyson. What happens when she reaches out to that old number? I'll get a notification that it was called. Hello, this is Tyson.
Yes, uh, I missed a call from you.
Gotcha. Is this John?
Yes.
Awesome. Yeah, looks like I was calling you about a property you might be looking to sell. I'm getting your thing pulled up right now. Do you have any properties you were looking to sell?
Uh, yes.
Alright, if you could just give me just one moment here. Let's see, is it this property on Edinburgh?
Yes.
Gotcha. While I get the property pulled up on my computer, could you kind of catch me up to speed here? What's got you thinking about selling?
You said I can't— uh, I can't hear you, son, again.
Uh, so I was asking, uh, what's got you thinking about selling this property?
How much I'm looking to sell it for?
Uh, no, I was asking what's got you thinking about selling it?
I could also— I couldn't hear you again. What?
I was just wondering, what has you thinking about selling the property?
Oh, as soon as possible.
Okay. How much are you looking to get for it?
Uh, $55K.
Okay. What kind of condition is the property in?
Oh, it's fair condition. Uh, just need the windows is just outdated. That's about it. It probably need a, uh, some interior touch-up paint. And, uh, the basement is not fully finished.
Okay, I'm sorry, did you say part of it was gutted?
What'd you say now?
I was asking, it sounded like you said some of it was gutted.
No, I said the windows are outdated. Oh. Is there— they're all windows. I mean, they're just wood, all windows.
Okay.
And, uh, and, uh, I need some interior paint. I mean, no, not— I just painted, but you just need a touch-up. Okay, touch-up paint. Let's go up.
Okay. And, uh, how, how much square footage is the property?
11, 1100. Okay.
And I'm sorry, how soon did you say you'd like to have it sold?
As soon as possible.
Okay. And are you currently living here?
Yes.
And you'd be ready to move out, let's say, in the next like 30 days?
Yes.
Okay. How is the, uh, how's the roof on the property?
Oh, it's fair. I mean, I don't have any leaks anywhere.
Okay.
And then, um, I have to add the properties for, uh, 2017, and I don't know how long that roof's been on there, to be honest with you.
Okay, how about, is there any kind of HVAC system on the house? Hello, John?
Yeah, what did you say? I'm sorry, I didn't hear you.
No problem. I was asking if there was any kind of like HVAC, like an AC or heat or anything like like that?
Uh, I think it's— I mean, I think the house was equipped with, uh, central air, but there's no, um, no unit in the backyard, you know what I'm saying?
Okay, understood. Okay, so, um, that makes sense. Is there any— is like I'm trying to understand if there are any repairs needed.
I mean, it's minor repairs. Like I said, I've been living there for the last, uh, 4, 4 and a half years. It's minor repairs. I got— it's like minor repairs, like the kitchen. I, I mean, the bathroom sink need to be replaced. Look like some light fixtures.
Okay.
I mean, this— there's no— I mean, the plumber is good. There's no tree in the backyard. I got a good, uh, hot water tank in the basement, 75-gallon water tank. Uh, the furnace is good. Uh, I mean, just minor Mine are prepared, that's about it.
Okay, gotcha. And so, I'm sorry, what, how much did you say you were looking to sell it for again?
55K.
Okay, now if we were to buy the property completely as is and there were no realtor fees and we paid all the closing costs, what's the best price you could do for it? [FOREIGN LANGUAGE] Okay.
Okay.
Well, I'll tell you what, John. I believe that's all the information I need right now. Before I go take this information back to the underwriters, I just want to check. If I could offer you $52K cash for the property, we pay all the fees, is there anything else you have to figure out before you make the decision to go ahead and sell it?
No.
Okay. Is there anybody else you would need to talk to?
Uh, no.
Alright, like, are you the only one on title?
How am I doing it? Can you say that again?
I was asking if you're the only person on title.
Um, well, actually, no, I'm, uh, I'm doing the land contract and I own like, I think I owe like $7,000 on it. Okay, so therefore, uh, yeah, okay. Paying off with the, you know.
Yeah, yeah, I'm familiar. That makes sense. Okay. All right, John, was what I'll do is let me take this information over to them and I'll be able to give you a call back shortly with an offer. My name is Tyson Smith.
Tyson Smith?
Yes, sir.
Okay. All right.
All right, sounds good. We'll talk soon. All right, he wants $52K. He's been living in the property, so it's livable. Says there are some minor repairs needed. Wanting to be out in 30 days. Okay, I need to make him— needs offer. We'll underwrite this when we get back. I just barely talked with Let's see. Okay, I just really spoke with— or I just got an email from my dad who looked at that other property in Indiana, the big house, the one with the— not the big house, the one, the one with the Barn apartment thing. So let's call him back. Alright, yeah, so this one in, um, Kamaiah, Indiana. So we are gonna offer him $363,000 on the Novation. They're asking $400,000.
I'm sorry, the person you were trying to reach has avoided.
I hope you didn't lose service. He going decline. Logan Wilson, bro, let me ask you, man, why put that negative energy out there? Why? Roxy, this needs a lot more viewers.
I'm sorry, the person you are trying to reach has a voicemail box that has not been set.
Oh, good deal, dude. RJ is a fucking god, bro. That guy's such a beast. All right, all right, we'll call him back when I come back. Right now I need to head to my house to go eat lunch. Um, oh, here we go. Hello, Brian.
Yeah.
Hey Brian, it's Tyson with We Buy Homes Cash.
Yeah.
Hey, so I was able to speak with my underwriters. I got some good news and some bad news.
Okay.
So the bad news is that for our cash offer, we're going to be right there along with the other people. It's looking like we need to be at $253K for the house cash. And I know that's not going to work for you.
No.
Now, the good news is, um, the property did qualify for that, uh, other service we provide, um, where we would go ahead and get the property sold for you without you having to pay any fees, commissions, closing costs, make any repairs, anything like that. And in that situation, we would be able to get you $363,000 for the property.
No, we want to go more than that. Yeah, I can list it local for $550 and probably get it.
Yeah, well, I think that if, if, if that's what you're seeing, then I'd recommend you do that. Um, you know, look, we're, we're really good at what we do And when we took a look at it, we think that that would probably be too high. But, I mean, look, you're local in that market, you probably know it better than we do. What I can say is—
I do.
Yeah, so if that's what you're wanting to do and you're wanting to deal with listing it and doing the showings and everything like that, then by all means, that's what I'd recommend you do. But if you do decide you want to hit the easy button, have it all dealt with for you, not have to deal with any of the fees or anything like that, we would be able to guarantee you $363,000 for it.
Well, if you can get to $400,000, I'd do it.
Yeah, unfortunately, the problem is if I said I could get you $400,000, I'm really confident after looking at this with my underwriters that it's just not going to work. I would end up having to call you and say, hey, look, we really got to be here. And, you know, I'd rather not do that.
Yeah, that's fine. Well, that's all right. We tried. That's all that matters.
All right. Well, hey, if you change your mind or you have any questions, this is my number, okay?
Ah, thank you.
All right. Thank you, Brian. Alright, um, so that's gonna happen. He wants more than what we can do. However, this guy, I would bet that we end up getting this guy contract in the next 2 weeks. We're gonna keep following up with them. Alright, so I'm gonna go ahead and make a note that he declined it, why, and then we'll follow up with him in 7 days. I'm gonna say, hey, you got that thing on the market yet? No? Why not? Oh yeah. Well, everybody else is offering you fucking $250K and I'm offering you $100,000 more. Let's make it happen. All right guys, I gotta go home, eat lunch. We'll be back, we'll resume. Guys, I got 2 deals that people I need to get on the phone with that we should be able to get locked up this afternoon. So it's gonna be a great afternoon, guys. If you want to be notified when we go back live this afternoon, make sure you hit the follow button. Um, also I'm going to be recording a TikTok when I get home. I've got some— uh, somebody was asking me about how to get leads. I'm going to show you guys a great way that you can begin getting leads So you can start wholesaling real estate today. That video will be dropping in a little bit. So if you guys see that, make sure you throw that thing a like, maybe give it a comment, something like that. Anyways, appreciate all of you guys watching. You guys will
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