Summary of "Let’s Start a $1,000/Day Wholesaling Business Together (LIVE TRAINING)"
Summary of "Let’s Start a $1,000/Day Wholesaling Business Together (LIVE TRAINING)"
Presenter:
Main Financial Strategies and Business Trends:
- Goal: Build a wholesaling real estate business generating $1,000 per day or $30,000 per month.
- Unique Approach: Introduction of the proprietary CTR funnel (Calling, Texting, Reverse Driving for Dollars) to maximize deal flow from a single, highly targeted list.
- Cost Efficiency: Two system options:
- $0/month system: Requires about 120 hours/week, no software costs.
- $300/month system: Requires about 40 hours/week, uses affordable software (primarily X Leads).
- Emphasis on using data-driven, niche lists (high equity properties with at least 55% equity, owned for 3+ years) to target motivated sellers.
- Use of AI tools and market analysis (X Leads’ Signal AI) to identify hot markets and zip codes with active cash buyers and flipping activity.
- Focus on Virtual wholesaling and scalability by leveraging technology and automation.
Methodology / Step-by-Step Guide (CTR funnel):
- Pull a High-Quality List (~4,000 contacts):
- Use software like X Leads to pull high equity, single-family property owners with at least 55% equity and 3+ years ownership.
- Filter out active listings and investor-owned properties.
- Target specific zip codes with high cash buyer activity using AI signals.
- Skip Trace the List:
- Use software with included skip tracing to avoid high costs (~free with X Leads).
- Avoid paying excessive fees for skip tracing.
- Cold Calling (~4,000 calls):
- Use 3 phone numbers and an Auto-dialer (~$70/month).
- Expect a 20% contact rate (~800 pickups).
- Use scripts to confirm ownership and seller interest.
- Calling weeds out unmotivated sellers quickly.
- Estimated time: ~2.6 hours/day (Monday-Friday).
- Texting (~3,200 remaining contacts):
- Automatically send texts to no-answer calls via CRM integration (X Leads Ninja Mode).
- Cost: ~$28/month for texting 3,200 contacts.
- Use a "double whammy" texting script (soft initial text followed by a more direct offer) to avoid carrier spam filters.
- Aim for a 10-20% reply rate to avoid being flagged as spam.
- Reverse Driving for Dollars (Sticky Notes) (~256 contacts):
- Use AI (ChatGPT) to cross-reference your list with free government lists (probates, pre-foreclosures, liens, fire damage, divorce, arrest records) to create a "stacked list" of highly motivated sellers.
- Export list to Google Sheets, upload to ChatGPT to find duplicates and create an efficient route.
- Physically place handwritten sticky notes on doors or car windshields with a simple message and phone number.
- Expect to get deals from this low-effort, high-visual-impact marketing.
- Deal Flow Expectation:
- From 800 call pickups, expect 3 motivated sellers ("guesses"), yielding at least 1 deal.
- Texting and sticky notes also expected to yield at least one deal each.
- Total of 3 deals per list to reach $30,000/month (assuming roughly $10,000 profit per deal).
Cost Breakdown:
- Using X Leads system:
- Skip tracing included free.
- Dialer and phone numbers: ~$70/month.
- Texting: ~$28/month.
- List access: ~$97/month.
- Total approx: $195/month for a full system.
- Traditional systems with multiple software and skip tracing can cost upwards of $862/month, much of which goes to affiliate commissions.
- Zach Gin emphasizes his system is the most cost-effective and scalable.
Additional Insights:
- Virtual wholesaling is viable across various states and even internationally with adaptations.
- Use AI tools to identify emerging markets and cash buyer hotspots.
- Importance of proper scripts and texting strategies to avoid carrier spam filters and maximize reply rates.
- The system is scalable, repeatable, and designed to minimize wasted effort on unmotivated sellers.
- Coaching and full training materials are offered for free at freelson.com (notes and transcriptions available).
- Zach stresses transparency, no upsells, and practical advice based on his experience with 3,000+ deals.
Presenter:
- Zack Gin – Experienced wholesaler with 3,000+ deals, teaches wholesaling for free, founder of the CTR funnel system and X Leads platform.
Summary: Zack Gin’s training reveals a detailed, data-driven wholesaling business model focused on the CTR funnel system that leverages technology, AI, and cost-effective strategies to build a scalable $1,000/day wholesaling business.
Category
Business and Finance
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