143: Real Estate Agent vs Wholesaling

What this episode covers

Curious which is the best self-employed option for you in real estate? Our guest Tony Roberts breaks down the pros and cons of his work as a real estate agent and also a wholesaler. This is the podcast for 10xing your income and replacing your w2 with the power of real estate investing! Key Talking Points of the Episode 00:00 Introduction 00:49 How much did Tony make on his first wholesale deal? 01:35 What is Tony’s background? 03:31 When did Tony realize that wholesaling is a real business? 04:23 Why did Tony decide to try wholesaling real estate? 05:27 How did Tony find his first JV partner? 06:39 How did Tony approach investors when he first started? 09:28 What challenges did Tony have with his first wholesale deal? 10:37 How does Tony handle seller conversations? 12:21 How can we start changing the stereotype of wholesaling? 13:52 How did Tony figure out the value of the property? 15:27 Where did Tony learn to calculate the ARV of a property? 19:15 How was Tony’s first JV deal structured? 20:42 How did Tony move forward after starting with JV deals? 23:50 What is Tony’s advice for everyone listening? 25:28 How can you connect with Tony? Links Document: JV Agreement https://www.dealmachine.com/jv Instagram: Backstreet Property Investment https://www.instagram.com/backstreetpropertyinvestments/ Youtube: Backstreet Property Investment https://www.instagram.com/backstreetpropertyinvestments