Key insights

• ⏰ Discipline is crucial for success in real estate wholesaling, involving commitments like going to the gym and sticking to a schedule for tasks such as cold calling and drawing for dollars.
• 🗓️ Creating a schedule and adhering to it is a vital part of discipline, leading to better results.
• 📚 The importance of gaining knowledge in real estate wholesaling, including learning the right techniques and strategies through resources like free real estate wholesaling courses.
• ❗ Struggling with bad scripts and lack of knowledge in real estate wholesaling.
• 💸 Many aspiring wholesalers experience financial loss and discouragement as a result of deceptive practices.
• ⚙️ Wholesalers often complicate the process with unnecessary systems and tools.
• 💪 Overcome the fear of discomfort and embrace uncomfortable situations as a necessary part of growth.
• ☎️ Overcome fear of cold calling by getting uncomfortable and making a conscious decision to change your life.

Q&A

• How can aspiring wholesalers overcome the fear of cold calling?

  Aspiring wholesalers can overcome the fear of cold calling by getting uncomfortable, making a conscious decision to change their life, embracing discomfort, and believing in themselves. It's essential to avoid overthinking and lack of discipline, and to work hard towards becoming successful in wholesaling real estate.

• How can wholesalers simplify their approach to real estate wholesaling?

  Wholesalers should focus on simplifying the process, making offers, and overcoming the fear of discomfort. It's important to avoid overcomplicating with unnecessary systems and tools, prioritize making offers over perfecting systems, and embrace uncomfortable situations as a necessary part of growth and success.

• How do real estate gurus deceive aspiring wholesalers?

  Real estate gurus often use deceptive tactics to sell expensive yet unhelpful courses. Some even engage in scams, such as selling expensive NFTs with empty promises, leading to financial loss and discouragement for aspiring wholesalers. The industry is plagued by such practices, making it crucial for newcomers to be cautious and well-informed.

• What are some common struggles in real estate wholesaling?

  Many people struggle with bad scripts, lack of knowledge, and falling into the cycle of pain created by some gurus in the real estate wholesaling industry. It is important to seek free education resources, connect with supportive networks, and avoid deceptive tactics that can lead to disappointment and financial loss.

• How important is discipline in real estate wholesaling?

  Discipline is crucial for success in real estate wholesaling. It involves commitments such as creating and adhering to a schedule, gaining knowledge about the industry, and making informed decisions. Without discipline, achieving success in wholesaling can be significantly hindered.

• What are some common reasons for wholesalers to suffer and quit?

  Wholesalers often struggle due to a high failure rate in guru programs, lack of discipline, improper goal setting, unrealistic expectations, lack of support, and fear of failure. Many aspiring wholesalers face challenges in these areas and find it difficult to persist.

• 00:00 Most wholesalers suffer and quit due to a 95% failure rate in guru programs, lack of discipline, improper goal setting, unrealistic expectations, lack of support, and fear of failure.
• 02:50 It's important to have discipline, create a schedule, and gain knowledge in real estate wholesaling. Lack of discipline and knowledge can hinder success in this field.
• 05:32 Many people struggle with bad scripts and lack of knowledge in real estate wholesaling. Free education resources and networking are essential to succeed, while avoiding falling into the cycle of pain created by some gurus.
• 08:10 Many real estate gurus use deceptive tactics to sell expensive courses with little valuable information, leading to financial loss and disappointment for aspiring wholesalers. Some gurus even engage in scams, such as selling expensive NFTs with empty promises.
• 10:42 Wholesaling in real estate is about simplifying the process, making offers, and overcoming the fear of discomfort. Overcomplicating with unnecessary systems and tools, focus on making offers, and embrace discomfort as a necessary part of success.
• 13:39 Overcome the fear of cold calling by getting uncomfortable and making a conscious decision to change your life. Lack of discipline and overthinking can hurt your wholesaling business. Embrace the discomfort and grow. Believe in yourself and work hard to become successful in wholesaling real estate.