Double your revenue without more marketing

The hidden key to 10x revenue

Good afternoon! The goal Investor Cheat Code is to blow your mind with amazing, useful content and bribe you into loving us at the end with a free download 👇🏻

Give me 5 minutes or less and you’ll learn…

  • How to double your revenue without spending more money

  • How Jeff Bezos is makingit EASY to be a landlord

  • Why you should be using leverage (infograhic)

  • How to guarantee a successful partnership

Did someone forward you this email? Sign up here

Motivate Lets Go GIF by The Titan Games

SPONSOR

Are you ready to take your investing game to the next level?

We empower investors like you with a daily newsletter which includes the insights needed to stay informed and make profitable decisions in the stock market.

WHAT I’M THINKING ABOUT THIS WEEK

Optimizing Dispositions: The Key to Maximizing Revenue in Wholesaling

 

The role of Dispositions is a crucial part of the wholesaling process. It involves the back-end sales of the wholesaling company, and it's just as important as acquisitions, which deal with getting the purchase agreement from the homeowner. In this blog, I will discuss the importance of optimizing dispositions to maximize revenue in wholesaling. I will share valuable insights, tips, and strategies for improving the disposition process.

What is Dispositions?

In wholesaling, dispositions take the purchase agreement and sells it or markets it out via email marketing strategy, text blasting, or ringless voicemail to a private buyer's list. The dispositions manager is the person who handles the selling or assigning of the contract to an end buyer.

The Importance of Dispositions

The disposition process ensures that the wholesaling company maximizes revenue and profitability. Here are some key points to consider:

  • Maximizing Revenue: Dispositions are crucial for maximizing revenue in wholesaling. A well-optimized disposition process can significantly impact the profitability of the business.

  • Collaboration with Acquisitions: While the focus is often on front-end sales, it is essential to work collaboratively with the acquisitions team to ensure that properties are acquired at the best possible price, setting the stage for successful dispositions.

  • Ethical Practices: It is crucial to maintain ethical practices in the disposition process, ensuring transparency and fairness in all transactions with buyers and sellers.

  • Strategic Marketing: Effective marketing strategies, such as email marketing, text blasting, ringless voicemail, and even utilizing the MLS, are vital for reaching potential buyers and maximizing the sale price of properties.

  • Building a Quality Buyer's List: Building and maintaining a quality buyer's list is essential for successful dispositions. Networking, social media, real estate websites, and skip tracing wholesalers' deals are effective methods for expanding the buyer's list.

By recognizing the importance of dispositions and implementing strategic approaches to streamline the back-end sales process, wholesalers can optimize their revenue and achieve greater success in the industry.

Mindset and Strategy

When it comes to optimizing dispositions in wholesaling, having the right mindset and strategy is crucial. Let's dive into some key points to consider when it comes to mindset and strategy:

Mindset:

1. Expectation of Profit: Setting a target profit margin for every deal is essential. Having clear expectations and targets for revenue can drive success in the disposition process.

2. Avoiding the "Good Enough" Mindset: It's important to have a mindset of always striving for more. Settling for "good enough" can lead to missed opportunities for maximizing revenue.

Strategy:

1. Collaboration between Acquisitions and Dispositions: Working collaboratively with the acquisitions team to align on pricing and expectations is vital for successful dispositions. This also will reduce or eliminate finger pointing at the end of the day when acquisition sometimes feels like the contract could have been sold for more, and dispositions feels like the front end sales did not do a great job getting the price needed for the best profits.

2. Time Management: Recognizing that time kills deals is crucial. Implementing a process to move quickly from purchase agreement to closing can significantly impact revenue and profitability.

3. Ethical Practices: Maintaining ethical practices in all transactions with buyers and sellers is non-negotiable. Transparency and integrity are key components of successful dispositions.

4. Building a Strong Buyer's List: Leveraging various methods such as networking, social media, and skip tracing wholesalers' deals can aid in expanding and maintaining a quality buyer's list.

Why Time is of the Essence

Time is a critical factor in the disposition process of wholesaling. From the moment a property is under contract to the closing, time management becomes essential in maximizing revenue. Here's why time is of the essence:

  • Speedy Transactions: Quick movement from the purchase agreement to closing can significantly impact revenue and profitability. Deals that linger for too long can lead to missed opportunities and potential complications.

  • Urgency and Scarcity: Creating a sense of urgency and scarcity can motivate buyers to act quickly, leading to faster sales and better profitability. Procrastination can cost the wholesaler valuable time and revenue.

  • Collaboration with Acquisitions: Effective collaboration between the acquisitions and dispositions teams is vital for streamlining the process and ensuring that properties are acquired and sold with minimal delay.

By recognizing the importance of time in the disposition process and implementing strategic approaches to streamline the back-end sales process, wholesalers can optimize their revenue and achieve greater success in the industry.

Methods for Distributing Deals to Buyers

When it comes to distributing deals to buyers, the most crucial part is ensuring that you have a robust and effective method in place. Here are some methods for distributing deals to buyers:

Email Marketing

Utilizing email marketing to reach potential buyers can be a highly effective method for distributing deals. By crafting compelling emails with detailed property information and attractive offers, you can capture the attention of potential buyers and drive interest in the properties you have available.

Social Media Outreach

Leveraging social media platforms such as LinkedIn, Instagram, and Facebook can be an excellent way to engage with potential buyers and showcase your available deals. By creating engaging posts, sharing property photos and details, and engaging with your audience, you can effectively distribute deals to a wider audience.

Ringless Voicemail

Using ringless voicemail technology can be an innovative way to distribute deals to buyers. This method allows you to deliver a targeted message directly to a buyer's voicemail without their phone ringing, increasing the chances of them listening to your offer and expressing interest in the property.

MLS Listings

Listing properties on the Multiple Listing Service (MLS) can expand your reach to a wider pool of potential buyers, including real estate agents and individual buyers. This method can create a sense of urgency and visibility for your properties, driving interest and facilitating the sale process.

Networking and Skip Tracing

Building a strong network of real estate professionals and utilizing skip tracing tools to identify potential buyers can be valuable in the distribution of deals. Networking with other wholesalers, real estate agents, and property management companies can expand your buyer's list and increase the chances of successful dispositions.

This list is not all-encompassing. Please use your imagination when coming up with your strategy for distribution of your deals.

The bottom line is distribution is absolutely vital to the success of your business. I have the very strong belief, backed through years of running my own business and helping literally over 1000 investors with their business, that dispositions is the most under appreciated, underutilized strategy for increasing revenue without spending and dime more on marketing or without hiring additional people.

If you feel like your dispositions process could use some work and you would like to dig deeper and get help, reply to this e-mail and let me know

 

NEWS YOU SHOULD KNOW

Jeff Bezos wants you to be able to become a landlord with as little as $100

Want to become a real estate investor but dread the idea of being a hands-on landlord?

Imagine owning a slice of the rental property pie for just $100.

Jeff Bezos has thrown his weight behind Arrived Homes, a platform that lets you do exactly that.

Here's the scoop: Arrived Homes has funded over $124 million in properties.

They've attracted a staggering 500,000 investors.

Their model is simple: buy shares in rental properties located in promising neighborhoods.

You earn rental income and potentially watch your investment grow in value.

And guess what?

They've just rolled out the Single Family Residential Fund.

This fund simplifies the investment process, allowing you to spread your risk across multiple properties.

Real estate has historically edged out stocks with less volatility.

In the U.S., property prices have climbed between 5% and 12% annually.

Plus, you get the perk of steady rent checks.

Arrived Homes banks on data science and expert local insights to pick high-appreciation homes.

Their investment committee cherry-picks the best of these homes for you.

With Arrived, you buy shares online and they manage everything property-related.

As an investor, you enjoy passive income without landlord hassles.

Ready to start earning rental income?

You can diversify with investments in different markets, choosing from regular rentals or vacation homes on Airbnb.

With big names like Bezos, Uber's CEO, and Salesforce's Co-CEO on board, you're in good company.

Over 250,000 investors have already jumped on their easy-to-use platform.

Interested in getting a foot in the real estate door without emptying your wallet?

Properties are selling like hotcakes, so don't let this chance slip by.

And one last tip – sign up for curated real estate investment alerts, they're sporadic but golden.

That's it – a little birdie called Benzinga thinks it's worth checking out Arrived Homes.

Check out the original article here

BRAIN FOOD

LINKS TO CHECK OUT

DOWNLOAD - TOOLS OF THE TRADE

Are you thinking about entering into a partnership? Read this first!

I have a partner in my real estate business. Our partnership has been highly successful for over 8 years and running. This is not the case with everyone however.

Time and time again I see entrepreneurs partnering in their business. Unfortunately, business partners, like spouses, have a high failure rate. And the fact of the matter is, business partnerships are very similar to a marriage.

Lots of assets, and capital at stake.

There are a number of factors that, I have found, contribute to a successful partnership. I have outlined those and exactly what I believe to be the formula for creating a successful partnership.

This is the subject of today's download. Technically this is less of a download than access to training that I have given. But I think it is incredibly valuable to watch if you have ever thought about partnering or think you may in the future.

It's not an exaggeration to say that this training can save you millions of dollars by helping you create successful partnerships and avoid terrible ones

Get this week's 👉🏻👉🏻 download here

How did I do?

Tell me what you thought of this edition of Investor Cheat Code

Login or Subscribe to participate in polls.

If you have specific feedback or anything interesting you’d like to share, please let us know by replying to this email.

Earn A FREE Gift 🎁 

If you love this newsletter, tell a friend ... if you hate it, tell an enemy

1000 referrals - Apple - 10.9-Inch iPad (Latest Model)
100 referrals -1 on 1 Strategy Call
25 referrals - Winning Direct Mail Course
10 Referrals - Investor Cheat Code T-shirt

You currently have 0 referrals, only 10 away from receiving A Investor Cheat Code T-shirt.

DISCLAIMER: This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.