WIP 1179: #ThrowBackThursday – From a Career in the Sports World to Getting Fired to Generating $273,000 in Wholesale Fees

It’s no secret that every deal starts with a discounted property. And as you get better at finding more discounted properties, your chances for building true wealth exceed exponentially. The real estate business is more about relationships than it is about real estate. Establishing the right connections can bring big opportunities for profit as well as bringing massive value to your community. 

In this episode, we welcome Alec Schaal, a 25-year-old real estate investor who closed wholesale deals worth $273,000. He shares his journey from being an unemployed novice to achieving significant success during the pandemic. If you’re looking out for more opportunities, Brent’s TTP Training Program is the ideal starting point for you! 


Show notes:

  • (1:05) Beginning of today’s episode
  • (7:41) Consistently maintaining high-quality conversations with distressed property owners is absolutely essential
  • (10:22) Clarifying the terms “absentee” and “tired landlord” is crucial
  • (15:38) Rental properties can provide a reliable source of passive income
  • (17:00) By implementing a continuous follow-up process, he secured a deal worth $273,000
  • (29:56) Can you explain what a post-possession agreement is?
  • (33:05) Why maintaining consistency and patience (while also seeking instant gratification) can be a winning formula 



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