Back in 2012, I made the decision to invest in a training programme from a big-named American property guru.
It was a lot of money.
At the time, I worked a 9-5 at a popular health chain and I was being paid £12,000 per year, working full-time.
It was a significant decision – one that I didn’t share with my parents or friends.
But five years on and it’s been the best decision that I’ve ever made.
I’ve consistently made a profit of over £100,000 per year, I’ve been able to travel and visit some of the most beautiful places on the planet and I now run a highly profitable business that I can run with just an internet connection and a phone.
I don’t say this to boast, but to share what is possible with this business model that I discovered.
The business model is called “Wholesaling” and it’s very simple.
1. Through marketing techniques, you find a homeowner that is looking to sell their property quickly below market value
2. You agree a fee with the homeowner to buy their property
3. You then “sell” the deal to eager investors for a higher fee than you’ve agreed
4. You make the margin in the middle
You never have to invest any cash, you never take any risk and you don’t have to go into any debt.
You simply have to do the right marketing to attract eager-to-sell homeowners, you make an agreement with them via email or on the phone and you then present your offer to investor groups.
It’s very simple, but there’s a technique to it.
You have to ensure you’re running the right marketing strategies to attract homeowners, you have to know what to say in order to agree a deal, you have to have the right paperwork for the homeowner and you have to know how to get your deal in front of investors.