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Episode 50: From Real Estate Broker to Wholesaler, with Michael Malone

Episode 50: From Real Estate Broker to Wholesaler, with Michael Malone

Released Wednesday, 8th August 2018
Good episode? Give it some love!
Episode 50: From Real Estate Broker to Wholesaler, with Michael Malone

Episode 50: From Real Estate Broker to Wholesaler, with Michael Malone

Episode 50: From Real Estate Broker to Wholesaler, with Michael Malone

Episode 50: From Real Estate Broker to Wholesaler, with Michael Malone

Wednesday, 8th August 2018
Good episode? Give it some love!
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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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From The Podcast

Real Estate Investing Hot Seat | If you want bigger pockets listen to this podcast that rivals Dave Ramsey, Jim Cramer from Mad Money, Donald Trump, Than Merrill and Robert Kiyosaki from Rich Dad Poor Dad.

Are you frustrated by not reaching your real estate investing goals? Are you tired of not getting good, actionable information to avoid mistakes and earn a good living? My name is Brad Chandler and I understand your frustration and I want to help. In late 2002 I had a negative $80,000 net worth. I spent 8 months working 80 hour weeks trying to learn the real estate investing business and find my first deal. Whew! However, once I learned the tricks and found my first deal, I ended up buying 6 homes in the next 2 months! Today, I have purchased over 2,100 houses, but I haven’t forgotten the struggle and the expensive mistakes I made along the way. I've been fortunate to make millions and now I want to help struggling investors by providing actionable advice from the trenches. I want to help you avoid expensive mistakes, earn the income you want to have, and push you to invest smarter and faster. The Real Estate Investing Hot-Seat Podcast is my vehicle to help others. Each podcast guest is an investor who is struggling to reach their real estate investing goals. I break down each and every obstacle standing in their way and give them concrete action steps to overcome their challenges. I don’t hold anything back as I share everything that has allowed me to build a $40M real estate flipping empire. By listening and watching you will be able to implement the tactics I share in your own business and allow you to achieve your goals and live the life you dream about.

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