Summary of "The FASTEST Way to Get Your First Wholesale Real Estate Deal Using XLeads"

Summary of Business-Specific Content from “The FASTEST Way to Get Your First Wholesale Real Estate Deal Using XLeads”

Company/Product Overview

XLeads is an all-in-one wholesaling real estate software designed to help beginners efficiently secure their first wholesale deal. The platform includes:

Lead generation tools
Dialers (single-line and triple-line)
SMS blasting capabilities
Lead importing and skip tracing
Data management features

Additional support includes daily onboarding Zoom sessions and 24/7 live chat, featuring AI-assisted routing to live agents and scheduled Zoom help.

Strategy & Operations for Getting Your First Deal

The primary approach involves starting with the Leads tab to pull targeted property owner lists in your local market. Key points include:

Focus on local markets with good potential (e.g., Springfield, Missouri, specifically Green County).
Use filters to create niche, actionable cold calling or texting lists based on:
- Property type (e.g., single-family)
- Market value caps (e.g., max $500,000)
- Equity thresholds (e.g., at least 50-60%)
- Ownership type (individual or trust; exclude businesses/government)
- Ownership duration (minimum 3 years)
- Property status (e.g., vacant properties)

Typical list sizes vary by budget and market size:

Budget Leads Pulled Outreach Method Small (~$150/mo) ~3,000 leads Single-line dialer Medium (~$300/mo) ~12,000 leads Triple-line dialer Large (~$500/mo) 12,000 calls + 20,000 texts Triple-line dialer + SMS blasting

Frameworks & Processes

Lead Generation & Filtering Process:
1. Choose market
2. Apply filters (property value, equity, ownership, etc.)
3. Export list
4. Import into contacts
5. Tag for calling or texting
6. Start outreach
Dialing Setup:
- Purchase a local phone number within XLeads for caller ID.
- Use the power dialer (single or triple line) to automate calls.
Text Blasting:
- Tag contacts for SMS Blaster to send bulk texts.
- Follow XLeads training tutorials for best practices.
Driving for Dollars Integration:
- Use XLeads’ Leadflow Analyze app (app.xleads.com) for on-the-go lead sourcing.
Uploading External Leads:
- Upload CSV files (up to 5,000 leads) for skip tracing and dialer use.

Key Metrics & Budget Considerations

Subscription cost: $97/month for XLeads software.
Dialer and texting costs:
- Single-line dialer: suitable for smaller budgets.
- Triple-line dialer: recommended for higher volume calling.
- Texting cost: approximately $0.01 per SMS.
List size recommendations:
- 3,000 leads for $150 budget.
- 12,000 leads for $300 budget.
- 12,000 calls + 20,000 texts for $500 budget.
Lead criteria example: 50-60% equity, max $270,000 market value, owned 3+ years.

Actionable Recommendations

Start with a small niche list (e.g., vacant properties with high equity) to build confidence and secure your first deal.
Use the single-line dialer if budget is limited; scale up to the triple-line dialer and SMS blasting as budget allows.
Regularly attend daily onboarding Zoom sessions and utilize 24/7 live chat for troubleshooting.
Leverage the Leadflow Analyze app for driving for dollars leads.
Upload government or other specialized lists via CSV for skip tracing and outreach.
Always purchase a local area code phone number to improve call pickup rates.
Combine calling and texting for better outreach effectiveness.
Use the tagging system in XLeads to organize leads by outreach method (e.g., Power Dialer, SMS Blaster).

Examples & Case Studies

Springfield, Missouri (Green County) used as a case study market:
- 101,000 property records available.
- Vacant property niche list example yielded 297 leads.
- Larger equity-focused list example yielded approximately 12,000 leads.
Budget scenarios aligned with lead volume and outreach methods were outlined.

Presenters/Sources

Zach — primary presenter and XLeads representative

This summary captures a practical, step-by-step approach to using XLeads for wholesale real estate deals, including budget-based outreach strategies, lead filtering frameworks, and operational tips for dialing and texting leads effectively.