No Limits Real Estate Investing Podcast

A former student came to me with a question the other day—and it’s a big one. He had a killer deal on the line, but the seller was asking for a $100k earnest money deposit, and he wanted to know, “Where can I get that kind of cash?” And you know what I told him? Wrong question. It’s not about how—it’s about who. In today’s NLREI podcast episode, you’ll discover what you can do when the seller demands a huge E.M.D.!

Some of the best leads are from sellers who’ve recently searched online for information on how to sell their house. You can get leads like this using both PPL and PPC. But each method has its own advantages and disadvantages, so one could make a lot more sense than the other depending on your particular circumstances. Checkout today’s NLREI podcast episode to find out what you need to know about PPL vs PPC!

Whenever you’re talking to sellers, you should be listening for a problem. You want to avoid making assumptions about how big the problem is or how much of a discount they’ll take based on the problem because that kind of thinking will cost you money. You just want to know there’s a problem to be solved. And once you do, there’s one thing I recommend you do next. Checkout today’s NLREI podcast episode to find out what your next move should be whenever a seller tells you they have a problem!

Doing the right things at the wrong time usually results in little or no rewards. If you notice your market is cooling, like one of my clients did recently, then you may need to change strategy to maintain your profits and deal flow. In today’s NLREI podcast episode, you’ll learn what you need to do to keep making money in a cooling market!

One of my joint venture partners recently asked me how he could start earning over seven figures in his wholesaling business. I immediately knew what the answer was because it was the same thing I needed to reach seven figures and it’s the same you’ll need, too. But the problem is, it’s one of those things that seems so simple and obvious, that we tend to overlook it. Checkout today’s NLREI podcast episode to find out one of those boring details you need to reach seven figures!

One of my clients recently came to me looking for a way to quickly boost his wholesaling income. Whenever a wholesaler says this to me, one particular thing comes to mind. Checkout today’s NLREI podcast episode to find out my #1 strategy for unlocking explosive profits in your wholesaling business!

You might be thinking you need at least 4 or 5 people to earn over a million dollars a year in your wholesaling business, but you don’t. You only need two. Checkout today’s NLREI podcast episode to find out the only two hires you need to reach seven figures!

If you’ve ever been in need to find someone quickly who can get belly-to-belly with a seller if you’re unable, then today’s NLREI podcast episode is for you! Here’s a super simple hack to find skilled acquisitions reps in any market on the cheap!

Finding, hiring and training new team members is a chore. I know. I’ve done it many times. But it’s also short-term pain. Meaning, you’re far better off going through it now rather than dealing with the prolonged pain that comes from having the wrong people on your team. In today’s NLREI podcast episode, you’ll discover one particular type of team member you should cut loose right away!

Expanding into new markets isn’t necessarily the easiest or quickest way to make more money in your wholesaling business. More often than not, you just end up stretching yourself too thin. I’ve got a much better strategy. Checkout today’s NLREI podcast episode to find out what to focus on instead of nationwide wholesaling!

Are you frustrated with the amount of money you’re making right now? If so, what you’re earning today is a reflection of what you did 90 days ago more so than what you’re doing right now. So in order to control your income, you must keep track of your numbers. Without them, you’re literally flying blind. Checkout today’s NLREI podcast episode to find out the 3 lead indicators you need to track to explode your income!

I recently got a call from one of my JV partners. They had just received a new lead that sounded motivated but they were thinking of raising their offer price because of something the seller said. When I found out the reason why they wanted to offer the seller more, I just about lost it. It was something we hear a lot from sellers, so my immediate response was, “No. I want you to come in even lower.” Long story short, we locked up the deal and we’re expecting to make about $115k in profit! Checkout today’s NLREI podcast episode to find out the one wrong assumption that almost cost us this deal!

The right team members save you time, make your more money and give you peace of mind. So how do you know if you have an “A” player or not? Simple. Give them a project. Once you know what to look for, it’s easy to tell the difference between an “A” player and someone who’s not. Checkout today’s NLREI podcast episode to find out how to build a team of only “A” players!

A recent experience with a team member reminded me of a powerful lesson. An assistant of mine was waiting for me to provide her with some documents for weeks, but I had been too busy to get to it. This created feelings of stress and anxiety for both of us until I realized I was approaching the situation the wrong way. In today’s NLREI podcast episode, you’ll learn how to replace feelings of stress, guilt and overwhelm in your business with the power of delegation!

Every acquisitions rep I’ve ever hired has fit into one of four categories. Reps from two of these categories have steadily grown my business, while reps from the other two have tended to drag it down. If you want to build a rockstar team that makes you the most money with the least amount of stress, the first step is knowing who you want on your team and who you don’t! Checkout today’s NLREI podcast episode to find out about the four types of acquisitions reps!

So far, as many as 11 states have passed new legislation that severely restricts or bans wholesaling… …and more states are likely to follow. A lot of wholesalers will simply drop out of market when they hear this news (and that’s good because it will drive down the cost of doing business). But the smart wholesalers will see it as an opportunity to make more money than ever before. Checkout today’s NLREI podcast episode to find out how you can use the war against wholesaling to your advantage!

Sellers often reach the point where they want to do business but hesitate to move forward because of some unresolved or unspoken objection. There is where power questions come into play. The right questions can not only uncover the seller’s real objections, but they can also reveal the answers needed to overcome them. In today’s NLREI podcast episode, you’ll discover 5 power questions that close deals!

My business has come a long way from when I first got started. Early on, I hustled every day to make as much as I could and hoped there’d be enough to take care of my family, pay my taxes and handle whatever emergencies that came up. I had a no visibility in my business and I felt out of control. But things are very different now. Today I enjoy a sense of predictability and control over my business as well as a lot more freedom. And I did it by tracking my financial progress using a balance sheet along with a few other key financial reports. In today’s NLREI podcast episode, you’ll learn what a healthy balance sheet looks like!

You can easily save thousands of dollars on your tax bill when you know the right strategies. In short, your goal should be to make the IRS love you, but hate your accountant! In today’s NLREI podcast episode, you’ll learn how to reduce taxes on your wholesaling income both ethically and legally!

One of my mentors, Dan Sullivan, says your number one job as an entrepreneur is to protect your confidence… …and I couldn’t agree with him more. Think about it, as entrepreneurs we make money by turning the invisible into reality, something that’s virtually impossible without an abundance confidence. This is why protecting your state of mind is something you should be working on every single day. Checkout today’s NLREI podcast episode to find out how I stay positive as an entrepreneur!