Summary of "Here is 25k now just copy me..."
Overview
- Presenter (Zach) pitches a repeatable wholesaling real estate playbook targeting roughly $25,000 per deal and claims the ability to scale to much higher monthly revenue (he states ~ $1M/month in wholesaling).
- Core promise: in 30 days you can execute a wholesale deal using either free/manual methods or paid tools that speed up deal flow.
- Primary value offered: a free course and templates at FreeWholesaling.com (presenter’s resource) plus recommended paid tools (notably XLeads).
Core promise: Execute a wholesale deal in 30 days using free/manual methods or paid tools to speed up deal flow.
Step-by-step playbook (high level)
- Generate motivated-seller leads
- Free: pull public/government lists (tax-delinquent, code violations, liens, probate, water shut-offs, fire-damaged, pre-foreclosure, etc.).
- Paid: use XLeads “sky drive” to analyze satellite imagery, score “ugliness,” and get phone numbers plus dialer/text-blast capability.
- Skip-trace and contact sellers
- Free lists: use TruePeopleSearch or background-check services for phone numbers; manual skip-tracing is time-consuming (est. 20–40 hours per 1,000 addresses).
- Paid lists: XLeads supplies phone numbers and a dialer/texting stack to save time.
- Seller conversation and qualification
- Use the MCTP script: Motivation, Condition, Timeframe, Price.
- Determine property condition, seller timeframe, and a ballpark price.
- Determine property value and offer
- Calculate ARV (after repair value) using comps (Zillow or XLeads valuation).
- Compute MAO (Max Allowable Offer) and LAO (Least Allowable Offer) — presenter provides an AI calculator in his course to compute these.
- Make a written contract with an inspection period (escape clause).
- Find a buyer and assign contract
- Use XLeads to identify cash buyers or search Facebook investor groups, Zillow rentals, and local investor contacts.
- Execute an assignment of contract and collect an assignment fee (your spread).
- Scale operations
- Hire acquisitions managers, salespeople, and title/closing support; convert wholesale volume into buying/fixing/renting later.
Frameworks, processes and playbooks
- MCTP: Motivation, Condition, Timeframe, Price — seller qualification script.
- MAO / LAO: financial thresholds for offers (Max Allowable Offer, Least Allowable Offer).
- ARV and comps process: use 3–6 month comparable sales to derive price per sq ft and ARV.
- Inspection period: contractual “get out of jail free” clause to limit risk.
- Two-channel lead strategy: Free (time-heavy) vs Paid (capital-light/time-saving).
Tools and channels recommended
Free resources
- County public records (tax office, probate, pre-foreclosure lists, code violations).
- Zillow (comps, rental landlord leads).
- Facebook real estate investor groups.
- FreeWholesaling.com (presenter’s free course and AI calculator).
Paid / efficiency stack
- XLeads (XLeads.com): satellite-based “sky drive” ugly-house detection, phone numbers, dialer, text-blast, AI cash-buyer finder. Presenter quoted ~$97/month for core functionality.
- TruePeopleSearch / commercial background-check services for skip-tracing.
- Dialers and text-blast services (example costs: dialer ~$10–$20/month, text ~$0.01/text).
- Title companies and standard closing/assignment services for assignments and closings.
Key metrics, KPIs, costs and targets
- Typical deal economics
- Presenter’s stated average: $25,000 per wholesaling deal.
- Example assignment: contracted at $550,000, assigned at $570,000 → $20,000 assignment fee.
- Example MAO/LAO scenario: ARV $250k → LAO ~$170k → potential spread $80k (illustrative).
- Presenter’s max single wholesale take: $115,000 (historical claim).
- Business targets / timeline
- Claim: make $25,000 within 30 days by following the playbook.
- XLeads route: potentially one deal/month while working 5–10 hours/week.
- Cost estimates
- Start-up budget: $0 (manual) to $200–$300/month (recommended to save time).
- XLeads: quoted ~$97/month (presenter’s figure).
- Text blasts: roughly $0.01 per text.
- Manual skip-trace time: 20–40 hours per 1,000 addresses if done manually.
Concrete examples / case studies cited
- Presenter’s first wholesale deal at age 17: $25,000 first-month result (credibility claim).
- Student case: found a listing on Realtor.com; contracted to buy at $550k; assigned to developer at $570k; resulted in $10,000 checks for each participant (split of $20k total).
- Hypothetical example: ARV $250k, LAO $170k → potential $80k profit on a single deal (best-case).
- Scaling anecdote: presenter claims to make ~$1M/month in wholesaling today using an internal team model (acquisitions staff + closers).
Actionable recommendations & tactical tips
- No capital: pull public lists (tax, probate, code violations, pre-foreclosure), skip-trace, and call sellers using MCTP.
- With ~$100/month: use XLeads to save time on lead selection, phone numbers, dialer and buyer lists.
- Use Zillow comps plus the AI MAO/LAO calculator (presenter’s course) to avoid overpaying.
- Always include an inspection period to limit risk; have an exit plan if you can’t assign the contract.
- To find buyers: use XLeads’ buyer lists, Facebook investor groups, Zillow rentals (call landlords), or local real estate meetups.
- If you can’t find a buyer, consider offering deals to experienced wholesalers/investors for a split (presenter mentions co-brokering via course community with split examples like 50/50).
Risks, operational notes and nuance
- Skip-tracing and calling are the biggest time sinks without paid services.
- Title, assignments and closings have legal/operational nuances — presenter recommends course/module for details.
- Wholesaling requires continuous lead flow, negotiation skills and buyer networks; scaling requires hiring and systems.
Actionable next steps (minimum viable path to first deal)
- Choose free vs paid route:
- Free: download public lists, skip-trace a short list, call sellers using MCTP.
- Paid: sign up for an XLeads trial, run “sky drive” in a target ZIP, and use the dialer/text to contact top “ugly” properties.
- Research comps on Zillow; calculate ARV and MAO/LAO.
- Present an offer; secure a contract with an inspection period.
- Market the contract to cash buyers (XLeads buyer list, Facebook, Zillow rentals).
- Assign the contract and collect the assignment fee; repeat and systemize.
Presenter, sources and resources mentioned
- Presenter: Zach (primary speaker). Mentions Alex (mentor) and a partner/colleague “Rick” in scripting examples.
- Student examples: unnamed student involved in the $20k split deal.
- Websites / tools referenced:
- FreeWholesaling.com (free course + AI calculator)
- XLeads.com (lead generation, dialer, text, buyer lists)
- TruePeopleSearch / cyberbackgroundchecks.com (skip-tracing)
- Zillow, Realtor.com, Facebook real estate investor groups, county public records (tax, probate, pre-foreclosure lists)
Category
Business
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