Michael Malone owns and manages Malone Real Estate, Inc. in New Orleans, LA. He is also a Broker for Maximum One Executive Realtor in Alpharetta, GA. Michael has been in the real estate business for 34 years and has been an investor/property owner, taking the position of a landlord and a buyer/reseller. Just like Brad, Michael is a coach and is currently mentoring 10-12 new real estate agents. He coaches these agents into a successful real estate business.
After 10 years of focusing on sales, Michael has decided to retrace his steps back to the investing space and is on his way to doing his first wholesale deal!
What you’ll learn about this episode:
- How to maximize profit on a $1,000 per month marketing spend
- The 3 colossal benefits of wholesaling over fixing and flipping homes
- How to best find an investor friendly title company
- The importance of mentors in scaling your real estate investing business
- How to close 1 wholesale deal a month during your first 6 months
- The advantages of being a broker in wholesaling
- Why it’s important to talk about the seller’s pain points
- How you can increase your leads through cold-calling
- The different ways of finding motivated sellers and cash buyers
- Why website is critical in establishing your credibility and generating more leads
- The gravity of consistent follow-up and having a CRM
- How to properly compute for an ideal offer
- The required contracts in wholesaling
- How to contact Michael for those looking for investor-friendly realtor in Atlanta and New Orleans
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