Summary of "How I'd build a $20k/month wholesaling business in 2025 (step by step)"

The video discusses how to build a $20,000 per month Wholesaling business in 2025, focusing on different strategies for wholesalers with varying budgets and resources. The presenters emphasize the potential for success in Wholesaling Real Estate, regardless of one's financial situation, and provide a step-by-step guide on how to approach the business effectively.

Main Financial Strategies and Business Trends:

Wholesaling Types: The video identifies four types of wholesalers based on their financial resources:
- No money
- Limited budget (e.g., $100/month)
- Moderate budget (e.g., $500/month)
- Larger budget (e.g., $5,000/month)
Mindset: Emphasizes the importance of a relentless attitude and resourcefulness, especially for those starting with little to no capital. Being broke is framed as a potential advantage because it forces individuals to be more creative and persistent.
Key Performance Indicators (KPIs): The presenters stress the importance of tracking KPIs such as:
- Number of calls made
- Leads generated
- Offers made
- Deals closed
Marketing Strategies:
- Focus on government lists (e.g., pre-foreclosures, code violations, tax delinquencies).
- Utilize drawing for dollars, joint ventures (JV), and various marketing channels such as SMS, cold calling, and digital bandit signs.
- Discusses the importance of direct outreach to sellers rather than relying solely on paid advertising.
Budget Allocation: The video outlines how to allocate budgets effectively for marketing and tools based on different financial capacities, emphasizing the balance between time and money.
Return on Investment (ROI): Discusses expected returns based on different marketing budgets, suggesting that lower budgets can yield higher returns if executed effectively.

Step-by-Step Guide:

Identify Your Budget: Determine if you have no money, a small budget, or a larger budget.
Choose Your Lists: Focus on government lists and targeted Marketing Strategies based on your budget.
Set KPIs: Track your activities and performance metrics to measure success.
Engage in Marketing: Use a combination of cold calling, SMS, and other outreach methods to generate leads.
Be Persistent: Overcome challenges and resistance by being resourceful and persistent in your efforts.

Presenters/Sources:

The video features presentations by Rick and Zach, who share their personal experiences and insights into Wholesaling Real Estate. They also reference their platform, freewholesaling.com">freewholesaling.com, as a resource for additional training and community support.