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

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Business

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.

Original video