Create A Property Portfolio With Wholesale Deals - Frank Iglesias And Lily Patrascu

Real Estate Investor/Builder Shares How To Create A Property Portfolio With Wholesale Deals - Frank Iglesias And Lily Patrascu Frank Iglesias has done hundreds of deals spanning wholesale, fix-and-flips, rentals, and new construction, and he explains that entrepreneurs can build a property portfolio by leveraging wholesaling, which allows them to acquire properties and decide whether to sell or keep them. He highlights the importance of networking, as building relationships with wholesalers can provide a steady stream of deals without direct marketing efforts. To transition from chasing deals to attracting them, he advises having a strong presence on social media and engaging with industry groups to establish credibility. Finding motivated sellers involves targeting distressed properties, networking with attorneys, and using direct marketing strategies, but success requires persistence, as most deals happen after multiple follow-ups. Negotiation is key to solving sellers’ problems, and understanding their real needs allows investors to structure creative deals that benefit both parties. About The Guest Frank Iglesias is a real estate entrepreneur doing business in multiple states. Having done hundreds of deals spanning a variety of strategies in wholesale deals, fix and flips, rentals and new construction, he can work with a variety of deals to ensure the best outcome possible on any deal. Being solutions oriented, he has created results for all parties involved even when they a solution did not appear to exist. With a results-oriented mindset, Frank has been able to develop his business through a series of relationships that have evolved since 2008. He has spoken and hosted numerous Real Estate meetings over the years covering a broad range of subjects in the residential investing space. His tenacity and perseverance are traits that are requirements of being an entrepreneur. In our competitive world, he recognizes there is opportunity in everything and the question is can you find the opportunity in the challenge. For More Info About Frank Iglesias, visit: https://frankiglesias.com/ Timestamp 0:00 Introduction and Frank Iglesias Overview 0:25 Entrepreneurship and Building a Property Portfolio 0:59 Leveraging Wholesaling for Property Acquisition 2:22 Strategies for Finding Wholesale Deals 4:37 Networking and Building Relationships 7:27 Attracting Deals and Social Media Presence 9:21 Identifying Motivated Sellers and Marketing Strategies 12:29 Starting Without Capital and Sweat Equity 14:45 Distressed Properties and Negotiation Tips 16:41 Creative Deal Structuring and Personality Types 20:19 Effective Communication and Direct Mail 23:24 Buying Wholesale with Minimal Risk 26:25 Red Flags in Wholesale Deals 29:07 Structuring Deals with Other People's Money 30:08 Introduction to Deeper Analysis 30:32 Evaluating Good Deals with Private Capital 31:35 Avoiding Pitfalls and Being Patient 32:04 Focus on People when Raising Capital 32:34 Understanding Market Cycles 33:11 Conclusion and Contact Information About The Host Lily Patrascu is an ultra-creative book publisher and personal brand strategist for thought leaders, CEOs, luxury influencers. As an influencer, bestselling author, copywriter, global speaker, she supports busy entrepreneurs to find their message and share it with millions of people. Feel free to connect with me or find out more about my book publishing/influential entrepreneur events/speaking/ projects here: https://linktr.ee/lilypatrascu & www.lily.global I am launching a few collaborative books: on property wealth strategies, confidence, millionaire secrets, health tools, AI, and seeking influencers with large communities to promote their expertise with the books. I can help you write/ghostwrite and publish your books in 90 days. Message me (Lily) on +447557351222 to collaborate. If you want to be featured on this podcast, and you're a successful entrepreneur able to share about how you grew your company, book your spot here: www.lily.global/podcast - *********************************************************** Getting featured is free. 🎧 Listening is free. But creating this podcast takes time, energy, and resources. If you’d like to support Lily’s mission to inspire people worldwide, contribute here: https://support.lily.global/e/propertywealthstrategiespodcast Your support keeps the Property Wealth Strategies Podcast alive and growing. *********************************************************** IMPORTANT: Earnings and Legal Disclaimers We don’t believe in get-rich-quick programs or guarantees of specific outcomes. We believe in hard work, adding value, and serving others, and our programs are designed to help you achieve those goals. As stated by law, we cannot and do not make any guarantees regarding your ability to achieve financial results, earn money, or improve your health using our ideas, information, programs, or strategies. Your success depends on your own efforts, skills, and circumstances, which are beyond our control. We are here to support you by sharing our strategies to help you progress, but nothing on this page, any of our websites, videos, marketing materials, or in our emails constitutes a promise or guarantee of future earnings, financial outcomes, or health improvements. Any financial or health-related examples, estimates, projections, or past results referenced are for illustrative purposes only and reflect the views of the hosts and guests. They should not be considered as exact, actual, or assured results. If you have any questions, please contact us at [email protected]. Welcome to the Property Wealth Strategies Podcast, hosted by Lily Patrascu! This podcast is your go-to resource for expert insights into the world of property investment, property management, and wealth-building strategies. Each episode features in-depth conversations with top industry professionals who share their expertise, success stories, and actionable tips to help you navigate the dynamic property market.