
Tyson Smith made $52,500 in under 30 days by wholesaling a distressed property remotely. He locked a $270,000 contract with a $100 deposit, found a cash buyer willing to pay $322,500, and pocketed the difference without a real estate license or leaving his phone.
Chapters
Here's how I made $52,500 in less than 30 days. And by the way, this strategy doesn't require you to have any experience, licenses, and it can be done entirely virtually from anywhere in the world. It all started when I cold called the owner of this property and asked them if they'd be interested in selling. They said they did and they'd be willing to sell for cheap because the house was in terrible fucking condition. Most of the rooms looked like this. So I sent them a contract via DocuSign entirely virtually for me to buy their property for $270,000. Guess what? I didn't have $270,000 just sitting there. I only had to pay this $100 earnest money deposit, which gave me this contract with a 10-day inspection period. Keep in mind, this $270,000 isn't due until the close of escrow date, which was 30 days in the future. During my 10-day inspection period, I called around and looked for real estate investors in the area who may be interested in flipping homes. And it didn't take me more than a couple days until I found this guy who was willing to buy that property for $322,500. And he even gave me a non-refundable $5,000 earnest money deposit. Meaning if he doesn't deposit $322,500 on the close of escrow date, 30 days in the future, he loses this $5,000 and I get to keep it. But of course, that didn't happen. And he deposited the $322,500 plus all the closing costs for the transaction to the title company's bank account. The title company sent the seller their $270,000 that they're owed. And as you can see, they sent me an assignment fee for $52,500. This whole thing was done from right here, all just using my phone and an email account. And if you want to learn exactly how I'm using artificial intelligence to find me these rundown houses and the rich cash buyers who are buying them from me for more money, just go ahead and comment the word training down below and I'll send you that for free.
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