Summary of Let’s Start a $1,000/Day Wholesaling Business Together (LIVE TRAINING)

Summary of "Let’s Start a $1,000/Day Wholesaling Business Together (LIVE TRAINING)"

Presenter:

Zack Gin

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Main Financial Strategies and Business Trends:

• Goal: Build a wholesaling real estate business generating $1,000 per day or $30,000 per month.
• Unique Approach: Introduction of the proprietary CTR funnel (Calling, Texting, Reverse Driving for Dollars) to maximize deal flow from a single, highly targeted list.
• Cost Efficiency: Two system options:
  • $0/month system: Requires about 120 hours/week, no software costs.
  • $300/month system: Requires about 40 hours/week, uses affordable software (primarily X Leads).
• Emphasis on using data-driven, niche lists (high equity properties with at least 55% equity, owned for 3+ years) to target motivated sellers.
• Use of AI tools and market analysis (X Leads’ Signal AI) to identify hot markets and zip codes with active cash buyers and flipping activity.
• Focus on Virtual wholesaling and scalability by leveraging technology and automation.

Methodology / Step-by-Step Guide (CTR funnel):

1. Pull a High-Quality List (~4,000 contacts):
   • Use software like X Leads to pull high equity, single-family property owners with at least 55% equity and 3+ years ownership.
   • Filter out active listings and investor-owned properties.
   • Target specific zip codes with high cash buyer activity using AI signals.
2. Skip Trace the List:
   • Use software with included skip tracing to avoid high costs (~free with X Leads).
   • Avoid paying excessive fees for skip tracing.
3. Cold Calling (~4,000 calls):
   • Use 3 phone numbers and an Auto-dialer (~$70/month).
   • Expect a 20% contact rate (~800 pickups).
   • Use scripts to confirm ownership and seller interest.
   • Calling weeds out unmotivated sellers quickly.
   • Estimated time: ~2.6 hours/day (Monday-Friday).
4. Texting (~3,200 remaining contacts):
   • Automatically send texts to no-answer calls via CRM integration (X Leads Ninja Mode).
   • Cost: ~$28/month for texting 3,200 contacts.
   • Use a "double whammy" texting script (soft initial text followed by a more direct offer) to avoid carrier spam filters.
   • Aim for a 10-20% reply rate to avoid being flagged as spam.
5. Reverse Driving for Dollars (Sticky Notes) (~256 contacts):
   • Use AI (ChatGPT) to cross-reference your list with free government lists (probates, pre-foreclosures, liens, fire damage, divorce, arrest records) to create a "stacked list" of highly motivated sellers.
   • Export list to Google Sheets, upload to ChatGPT to find duplicates and create an efficient route.
   • Physically place handwritten sticky notes on doors or car windshields with a simple message and phone number.
   • Expect to get deals from this low-effort, high-visual-impact marketing.
6. Deal Flow Expectation:
   • From 800 call pickups, expect 3 motivated sellers ("guesses"), yielding at least 1 deal.
   • Texting and sticky notes also expected to yield at least one deal each.
   • Total of 3 deals per list to reach $30,000/month (assuming roughly $10,000 profit per deal).

Cost Breakdown:

• Using X Leads system:
  • Skip tracing included free.
  • Dialer and phone numbers: ~$70/month.
  • Texting: ~$28/month.
  • List access: ~$97/month.
  • Total approx: $195/month for a full system.
• Traditional systems with multiple software and skip tracing can cost upwards of $862/month, much of which goes to affiliate commissions.
• Zach Gin emphasizes his system is the most cost-effective and scalable.

Additional Insights:

• Virtual wholesaling is viable across various states and even internationally with adaptations.
• Use AI tools to identify emerging markets and cash buyer hotspots.
• Importance of proper scripts and texting strategies to avoid carrier spam filters and maximize reply rates.
• The system is scalable, repeatable, and designed to minimize wasted effort on unmotivated sellers.
• Coaching and full training materials are offered for free at freelson.com (notes and transcriptions available).
• Zach stresses transparency, no upsells, and practical advice based on his experience with 3,000+ deals.

Presenter:

• Zack Gin – Experienced wholesaler with 3,000+ deals, teaches wholesaling for free, founder of the CTR funnel system and X Leads platform.

Summary:
Zack Gin’s training reveals a detailed, data-driven wholesaling business model focused on the CTR funnel system that leverages technology, AI, and cost-effective strategies to build a scalable $1,000/day wholesaling business.

Notable Quotes

— 30:01 — « Cold calling is the best way to weed out the bad leads. »

— 52:11 — « I actually closed the deal with my sticky note put on a house in July and they called in October. The note was hiding behind a violation letter and a family member saw it. $21,000. Woo! »

— 66:40 — « Why do I talk about X leads? Because I'm sick of people spending $1,000 a month on all their stupid softwares. »

— 69:54 — « I get paid six figures a year on my small channels of real estate coaches paying me money to go. It's crazy. »

— 80:24 — « That is how you can build a $30,000 a month wholesaling real estate operation. »

Category

Business and Finance

Video