The BEST Way To Make $10,000 A Month In 2023 (No Dropshipping, Ecom, or Day Trading)

Tyson Smith shows how to make $10,000 monthly through real estate wholesaling with no upfront capital. Call title companies for free lists of pre-foreclosure homeowners, cold-call to qualify properties, calculate offers using the 65% ARV formula minus repairs, then assign the contract to a cash buyer for a $10,000 fee.
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Making $10,000 in the next month can be a lot easier than you think. I'm going to show you how you can go make $10,000+ in the next month, and all you need is a cell phone and internet connection. Some people are going to try and tell you that you need to have money to get started wholesaling, but here's how you can get started today for free. Step number 1 is you're going to Google title companies near me. Call them and ask if they have a list of pre-foreclosure properties you can call. Watch. So what I'm going to do is Google title company near me, and we automatically get a list. So let's just call the very first one, Security Title Agency. We're going to ask if they have any lists of motivated homeowners, pre-foreclosure lists, things like that. See if they'll give it to us, and we'll go get deals, and we'll have the deals close at their title company.
Security Title, this is Shawnee.
Hey Shawnee, my name is Tyson. I'm a real estate investor here in Phoenix. I was wondering if you guys had any skip trace lists of like motivated homeowners, like a pre-foreclosure list or something like that you'd be willing to share with me?
Um, pre-foreclosure list, let me transfer you to— hold on, I may transfer you to our foreclosure department, but Let me see, just a moment.
I appreciate you. Thank you.
10 minutes later. Sir? Hi. Hello?
Hello?
Hi. Yes, we can do that.
Hold on.
I'm going to transfer you to the gentleman that can help you.
Amazing. Thank you so much.
Sure. Hi, this is Jamie. I hear you're looking for pre-foreclosure lists.
You got it, Jamie.
Well, we don't have anything that's— so pre-foreclosure is before that bank actually gets it, correct? You're looking for like the late? Yeah. Yeah, I, we don't— I, I can, I can pull requests for like, you know, cities or, uh, you know, counties or whatever you need, or zip codes. Excuse me. Um, so a couple things, like, if you want, um, I can give you my, the email address so that way you, you can email anytime you want to get one, because it's not something we do like on a regular basis. We just do them kind of by request only.
Okay.
And like I say, it's specific areas. Um, like I say, uh, city ZIP code or county. I think we can request them by those 3 type ways. And then if you want all the available, we don't— we don't— we won't pick and choose. You know, you'll get 30, 60, and 90-day lates. Okay. If you want specific ones, if you just want the 30-day lates, or, you know, even when they're just getting close, or if you want just the 90-day lates, or 60—
there you have it. So like I just said, we call them. Do you see how eager they are to help? Like, they, they're— they only make money when they're doing more transactions. So they hear about somebody, somebody who wants to wholesale, somebody, any kind of real estate investor who wants to do transactions, they're going to try and help you with every single way they can. So as simple as calling him, tell him what I'm looking for, and he's, you know, automatically they're like, yep, let's figure out a way we can get you over this list. So right now he just barely said it's gonna be around 500 people. I'm getting a list of 500 motivated homeowners absolutely for free, and it took me sitting on hold for 5 minutes. Now once you get that list, I'm going to show you what you're going to do when call them, what to say, how much to offer them, so you can start getting your first deal. Once you have the list, you're going to need to call the homeowners who are delinquent on their mortgage and see if they want to sell. Here's what you're going to want to say to them. Hey, my name is Tyson. I'm calling you about that property over on 123 Main Street. Are you looking to sell that property? Keep it simple. Get straight to the point with everyone. If they say yes, you're going to need to ask them a few questions about the property so you can make them an offer. First, you want to confirm the square footage and number of bedrooms and bathrooms. Then confirm the year built. Next, you're going to want to ask them the condition of the property. Ask if it's brand new, good, fair, poor, or scary. Now ask them how much they are wanting for the property. Once they've answered all your questions, thank them for their time and let them know you'll call them back shortly with an offer. Now go to Zillow and calculate the property's ARV. Once you have the ARV, multiply it by 65% and subtract the estimated repair costs, then subtract $10,000. This will be your MAO. To estimate the repair costs, multiply the square footage by $45 for a full remodel or $25 for a light remodel. Now that you have your MAO, call them back and tell them that their property qualified for an offer of $125,000 or whatever your MAO is. Once they accept, send them over a real estate purchase contract. Now open up escrow at the title company that provided you with the list by emailing them over the purchase contract. You find a cash buyer to sell the contract to for $10,000. You can learn how to find cash buyers by watching this video right here. Once you have the property assigned to a cash buyer, you're going to send the assignment contract to the same title company. Now all that's left to do is wait for the close date, and on that day, the title company is going to give you a check for $10,000. Guys, this is everything you need to know in order to go make $10,000 next month. So I want you to do now is go ahead and hit the subscribe button so you can see all the new videos I put out showing you exactly how you can do more of this. Then go to the link in the description to download a free real estate purchase contract and assignment contract. Thank you guys for watching, and we're going to see you guys on the next one.
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