From Law Enforcement to Real Estate Wholesaling

Real estate wholesaling is a great way for investors to make money without having to deal with the responsibilities of owning a property. In this episode of the Freedom Chasers podcast, we interviewed Mauro Loya, a successful real estate wholesaler who left his career in law enforcement to focus on real estate investing.

Mauro discusses his experiences with wholesaling and how he has been able to make a significant profit from each deal. He mentions that his deals have ranged from $10,000 to $82,000 in profit, with his minimum profit goal being $20,000. Mauro states that he is able to make such large profits by focusing on desperate sellers who are willing to sell their properties for less than their market value.

To find these sellers, Maurouses a program called Prop Wire, which helps him locate abandoned properties, absentee owners, high equity, and probate cases. He aims for a 99% conversion rate, which means that he is able to close a deal almost 99% of the time when he gets on the phone with a potential seller.

Mauro also discusses some of the techniques he uses to negotiate with sellers. He advises against matching the seller's tone and instead recommends remaining calm and focused. He also reminds sellers that he is there to help them out of a difficult situation and that he wants to be a part of their family.

Mauro credits his success in wholesaling to the skills he learned on YouTube University and from his end buyers. He advises aspiring wholesalers to learn the processes involved in finding comparable properties in the area and calculating the after-repair value (ARV) of a property.
The interviewee also shares his craziest real estate experience, which involved a deal where the end buyer assigned the deal to another investor, leading to a longer timeline and a reduced commission for Mauro. Despite this setback, Mauro remains optimistic and continues to pursue real estate wholesaling as a way to achieve financial freedom.

In conclusion, real estate wholesaling can be a lucrative and rewarding business for those who are willing to put in the time and effort to learn the skills required. Mauro Mauro’s success story is a testament to the potential of this industry and the freedom it can provide to investors. Aspiring wholesalers can learn from Mauro's experiences and apply his techniques to their own businesses to achieve similar success.

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