Summary of "F*ck it. This is how you can make $285 an hour wholesaling real estate from scratch (walkthrough)"
Summary of Financial Strategies, Market Analyses, and Business Trends in the Video
The video presents a detailed, actionable two-week plan to make approximately $285 an hour wholesaling real estate from scratch, emphasizing free or low-cost marketing strategies and consistent daily action.
Main Financial Strategies & Methodology for Wholesaling Real Estate
Overall Approach: - Break the process into three parts: 1. Learn how to wholesale houses 2. Take massive action 3. Implement a proven plan
Step-by-Step Guide:
- Learn Wholesaling (First 1-2 Days) - Complete a free 20-hour online course at freewholesaling.com (split into marketing and other wholesaling fundamentals). - Focus first on the marketing section (~10 hours).
- Start Taking Action (Day 2 onwards) - Use the provided “List of the Month”: a government-sourced list of ~3,000 code violations (motivated sellers) in Dallas-Fort Worth/Tarrant County, skip traced for free using X Leads software. - No upfront cost for lists or software for beginners.
- Marketing Strategies to Generate Leads:
- Email Blasting: - Use the “Email Offer Generator (EOG) System” taught in a mini-course at freewholesaling.com to send 1,000 emails/day via Gmail and Google Sheets integration. - Emails direct sellers to call a Google Voice number, generating inbound motivated seller calls. - Takes about 30 minutes daily.
- Cold Calling and Texting: - Use Google Voice for free calls and SMS. - Aim for ~180 calls and 180 texts per day (~3 hours daily). - Expect to generate 3 leads/day from this channel.
- Digital Bandit Signs (DBS): - Post two engaging posts daily in large Facebook groups (~50,000 members). - Use a two-step posting strategy: 1. Warm up the audience with engaging content (e.g., “Who has the best pizza in [city]?”) to boost engagement and algorithm reach. 2. Follow up with a “We buy houses for cash” post to maximize views and lead generation. - Expect about 1 motivated lead/day from DBS.
- Lead Conversion and Closing: - From approximately 9 leads/day (email + calls/texts + DBS), expect to secure about 10 appointments and at least 1 contract within two weeks. - Sell the contract to cash buyers.
- Finding Cash Buyers: - Use free methods initially: Facebook groups and Zillow “For Rent” listings to find landlords and flippers. - Use paid tools like X Leads later to find flippers and cash buyers. - JV (joint venture) options are also available.
- Time and Earnings Breakdown: - Approximately 5 hours/day for 14 days (70 hours total). - Potential to earn $20,000 on a deal, equating to roughly $285/hour.
Key Business Trends & Insights
- Leveraging Free Government Lists: Using publicly available data (code violations) as a source of motivated sellers.
- Email Marketing Automation: Using free tools (Google Sheets + Gmail API) to scale outreach inexpensively.
- Social Media Algorithm Gaming: Engaging Facebook groups with warm-up posts to maximize organic reach and lead generation.
- Low-Cost, High-Volume Outreach: Combining email, cold calling, texting, and social media to generate consistent leads.
- Focus on Taking Massive Action: Emphasizes execution over just knowledge acquisition.
Presenters / Source
- Presenter: Zach In (also referenced as Zach, Zach Inson)
- Platform & Resources:
- freewholesaling.com (main free wholesaling course)
- Email Offer Generator (EOG) System course
- Digital Bandit Academy (free course on Facebook marketing)
- Use of X Leads software (paid skip tracing tool, used by presenter)
- Google Voice and Google Sheets integration for outreach
This video is a practical walkthrough targeting beginners wanting to start wholesaling real estate quickly with minimal upfront investment, focusing on free resources, data-driven marketing, and consistent daily effort.
Category
Business and Finance
