My First Wholesaling Deal! [Wholesale Real Estate for Beginners]
π WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)
I'm not even going to lie, I'm excited! If you've watched my channel before, you've probably seen my videos documenting the process to getting my first wholesaling deal. This is episode 8 in the Wholesale Real Estate series and I'm hoping that you guys know how much I appreciate your support. Wholesaling real estate is not easy, especially when you're trying to get your first wholesale deal, but you guys have been so supportive and that support has really kept me going. I want to make sure I give that support back to you, so I'm going to tell you how to get your first wholesale deal, how to come up with an offer price when wholesaling, how to find motivated sellers wholesale real estate, how to find cash buyers for wholesaling real estate, and more!
*ZOOM BEGINNER'S BOOTCAMP SIGN UPS*
*SUBMIT YOUR QUESTIONS*
*FREE OFFER SHEET TEMPLATE*
*FREE PHONE SCRIPTS*
*THE CONTRACTS I USE*
OTHER VIDEOS:
Watch the rest of the first deal playlist:
How to wholesale with real estate agents:
How to come up with an offer price (ARV and Rehab budget!):
READ THESE:
Listen to them on Audible for free:
Read them on Kindle for free:
* Richest Man in Babylon:
* The ABCs of Real Estate Investing:
* The Book on Rental Property Investing:
* The BRRRR Investing Book:
* Rich Dad, Poor Dad:
* The Millionaire Real Estate Agent:
Connect with me and see behind-the-scenes stuffs on Instagram:
Research, skip trace, and run comps with a free 7-day trial of PropStream:
The professional lights I use:
The external microphone I use:
*some of the above links may be affiliate links, meaning I make a small commission on the sale at no extra cost to you*
Hi, Lili! Congrats on your first deal!! I knew it’d be coming soon for you! You are so inspiring! I’ve been researching and watching so many videos from other people on wholesaling, but you’re the only one who instills the confidence to actually get out there and do it! I was stuck in a state of “analysis paralysis” for a long time, so thank you! My question is: have you found that cash buyers have a certain title company that they work with to close? Or as wholesalers, should we choose the title company? Also, would you be able to give us a template for an assignment contract to give to the buyers? This would be so helpful! Thanks so much! π€
Thanks so much for the support. You should be fine to choose the title company and I’ll see what I can do about an assignment contract π
@Lili Thompson Thank you so much, Lili! You’re soo dope!
Congratulations Lili! Iβm really happy for you & grateful that youβve been posting this kind of content….it minimizes the anxiety I have about starting and the things to look forward to. Thank you!
I’m so glad it’s been helpful! Thanks for the support π
CONGRATS πΎπ
Thank you so much for the awesome content you do very well explaining everything. This is something I been considering to do and now I have more confidence. Thank you so much keep up the hustle !! πͺπ½
Youβre very welcome! Thanks for the support! You can also follow me on IG I post daily over there http://www.instagram.com/liliinvests
This was amazing!!! I love that youre so willing to help! π₯Ίπ₯Ίππ you really went step by step not just a general overview ππΎππΎππΎ thank you so much! Definitely subscribing
Thanks so much for the kind comment. Iβm doing my best to make the best beginner-friendly real estate content on this here internets lol. Feel free to check me out on IG as well http://www.instagram.com/liliinvests
YEEESSSS, THANK YOU, LILI!!! ππΎπΈπΎπ¦ΈπΎββοΈπΉ
This is dope to see in real-time. Iβm going for my first deal sometime this month. My channel is based around the stock market however once I get my first deal iβm shifting to wholesaling!! Keep hustling!!!
hey man just wondering how that deal went
Congratulations!!! Thatβs awesome! Question about your contract, do you have to make sure it has everything included legal wise with the attorney before hand or you just present contract to them once seller signs? Thanks ππ
I just subscribed to your channel! This is my first time seeing one of your videos and I appreciate your knowledge. Iβm learning wholesale now & it makes me feel a lot better seeing a black woman do it being that Iβve been learning online from a lot of successful men. Not saying itβs bad to learn from men but itβs more encouraging to me as a woman to see someone else like me prosper. Iβll be sure to stay tuned! keep grinding πͺπ½
So proud of your journey, your transparency, and bringing us along!! This is the first of many Lili β€οΈ
Most DEFINITELY!!! Now I’m going to get my 1st deal during my birthday month of September. π¦ΈπΎββοΈπΈπΎππΎπ
Love this in depth of how you went thru your process. Def interested to see more of your journey. Iβm getting my RE license in January but in the meantime want to get into the wholesaling market here in Vegas! Iβll be watching more of your videos
I appreciate it! and best of luck to you π
It took me approximately .2 seconds to subscribe, like and comment on your videos. Youβre so inspiring and as a young aspiring wholesaler, you broke it down to the TEA sis! I appreciate that soooo much. Would love if you did a big zoom call, Iβd be at every single one! β€οΈπͺπ½
Congrats on your deal!!! I just started watching your videos and I love your real ness and almost the simplicity of your videos! And obviously seeing a black woman doing this as I am also a black woman, Iβm just too excited for you!!
So as a new wholesaler myself, I havenβt gotten a deal yet but I have laid a lot of groundwork, I would say just be careful with how much you try to bring everyone else in. Like if you are going to dedicate time to YouTube videos then do that, if you are going to do the one-on-one calls then focus on then or the zoom calls. I have been burned in the past by people who want to teach wholesaling but then they take my money and donβt really give me their time or energy just lots of powerpoints and pdfs, you know. So I say all of this to say….stay focused on what you want to do and maybe bring other people in to help build your business, you canβt do it all.
First off CONGRATULATIONS!! I have been stalling with the idea of getting into real estate for about a year and a half because I felt overwhelmed amongst other things. Fast forward to where I am now and feel like I stumbled upon your channel for a reason. I still feel overwhelmed but sitting down and watching your whole series has made me feel like this is something I can actually do. Thank you for committing your time to being completely transparent with your audience about your journey. I also second BIG ZOOM CALLS!
Iβve also been trying to start wholesaling. I havenβt been able to get my first deal yet. But out of most of the videos I have watched regarding the topic, you have been most efficient and effective in helping people learn and have the know how. Good job keep it up. Success is heading your way
Your videos are so inspiring. I am incredibly motivated more so than ever to get my feet wet with wholesaling! Thanks for being so relatable and informative, I wish you nothing but success
So clear-cut and precise with no filler. You’re a boss!
YEEESSSS, she is.
This is literally the most motivating video Iβve watched on wholesaling. Iβve literally been studying and looking for genuine mentors for 6 months and nothing was like this helpful! I canβt wait to actually start and get something going, I just need to figure some more things out.
Iβd say just DO IT!! Do IT!! The more you talk with real estate agents the more itβll get comfortable with closing a deal!! Take risks
Did you ever get started and if so how is it going?
@TyyDean I havenβt really started yet, Iβve been doing more research than anything, especially with being so busy with the military and honestly being nervous about the calls as well
@Superia B Oh. That’s very understandable! I’m very nervous on making my first call as well however I’m still trying to figure the contracts out haha XD
Also thank you for your service!
@Superia B oh let us know if you do! I got out of the military a year ago and have been doing eccomerce but I think Im gonna try with wholesaling and see what happens
this 15 min video is the first ive seen on your channel. I honestly thought you were gunna be more b.s. this has been more informative than everything I have seen so far. great job girl. I sincerely am grateful for you sharing this experience.
Lili. So knowledgeable AND so thoroughβthis is the learning style I prefer vice filling in the blanks with so many other mentors ! Youβre firing from all cylinders! Way to lead the wayβ¦You inspire me!
Love you Lili, you are breaking barriers for young black women all over the world !
I tried wholesaling years ago, but now I feel like Iβm ready. Iβm a full time notary so I have time and your confidence is reassuring. Congratulations