1. EachPod

WIP 231: How a Consistent New Rhino Earned $29,850 in Just 4 Hours

Author
Find distressed properties for pennies on the dollar and turn them for huge profits!
Published
Mon 24 Dec 2018
Episode Link
None

If you’re new in the wholesaling business, it is likely that you’ve heard stories of people earning money in a few hours that’s equivalent to what some people earn in a year. Understandably, it’s easy to dismiss those stories as nothing more than a gross exaggeration. However, today’s guest can attest it can happen!

Carson Fox has only been a part of the tribe for a mere 4 months. However, the tenacious wholesaler from Greenville, South Carolina has already done one massive deal that has made him $29,850 richer. What’s even more amazing? He only spend a total of 4 hours working on the deal!

If you’re looking for a story that can inspire and help get your wholesaling efforts to an exceptional start, today’s episode is exactly what you need to hear!

The Deal

  • Carson consistently sent out weekly mails to the hot zip codes on the unknown equity list.
  • On the 4th week, he got a call from a motivated seller who would like to sell his rental property.
  • After building rapport and establishing a good relationship with the seller, he was eventually able to purchase the contract.
  • While he paid only $8,000 for the contract, he was offered $37,850 for it. That means he walked away $29,850 richer. Definitely a massive reward for a deal he only worked on for 4 hours!

RESOURCES:

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