My First Wholesale Contract! [Episode 4; First Wholesaling Deal]

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  • Опубликовано: 18 ноя 2024

Комментарии • 366

  • @Liliinvests
    @Liliinvests  4 года назад +29

    HOW CAN I BEST HELP YOU GET YOUR FIRST DEAL?: www.liliinvests.com/survey

    • @daneshastewart5840
      @daneshastewart5840 3 года назад

      So do you work for an investor or??? I'm confused

    • @sariahthomas1953
      @sariahthomas1953 3 года назад +5

      @@daneshastewart5840 she wholesales. So she finds super good deals. Gets the under contract. Then finds a cash buyer to buy the contract for a little more so she makes money.

    • @huletaskew4897
      @huletaskew4897 3 года назад +1

      When going through a Real Estate agent for properties how does that affect you as an investor starting out with no money, in other words do I have to come up with an amount of money?

    • @drakelewton5619
      @drakelewton5619 4 месяца назад

      @@Liliinvests Can you come to Columbus,Ohio and help:)

  • @sadiqalex
    @sadiqalex 4 года назад +151

    Girl I’m in the edge of my seat taking notes!! So grateful I found your channel ☺️. Praying for your success!!!

    • @Liliinvests
      @Liliinvests  4 года назад +6

      Lol I appreciate you so much!!

    • @christopherwoodward1586
      @christopherwoodward1586 3 года назад +11

      @@Liliinvests We appreciate you more than you’ll ever know. I swear I have been glued to your channel for the last three days. You are single handedly changing my life..Thank you!

    • @Liliinvests
      @Liliinvests  3 года назад +1

      @@christopherwoodward1586 You're very welcome!!!!

    • @alex-ri6lk
      @alex-ri6lk 3 года назад

      Yes!!!

    • @Yournamehere365
      @Yournamehere365 2 года назад +2

      Hey there I was just wonder how your wholesaling is going after a year

  • @bluemustang5002
    @bluemustang5002 2 года назад +5

    Finally a series that ACTUALLY TELLS YOU what to do, instead of signing up for an expensive program or pyramid scheme.

  • @yesimladyp4967
    @yesimladyp4967 3 года назад +37

    You’re the only one who answered my question about how to talk to agents and whether or not to them you’re a wholesaler! Thanks

  • @haimaru5366
    @haimaru5366 3 года назад +8

    The finding out I need a proof of funds and finding cash buyers is exactly where I am right now! My heart dropped when they told me that too. It's not something that always gets said.

  • @blackaskodak5702
    @blackaskodak5702 4 года назад +18

    This channel is gonna blow up!

    • @Liliinvests
      @Liliinvests  4 года назад +2

      I hope you’re right Zack! Thanks for watching :)

  • @omfgitsJandT
    @omfgitsJandT 2 года назад +3

    as a 25 year old just getting into wholesaling contracts, i just want to thank you for one of the biggest pieces of advice I've ever heard. never DON'T have gutters haha, great video, your information is so real and down to earth. thank you so much for sharing your journey with all of us!

  • @THEONLY_KYE
    @THEONLY_KYE 2 года назад +2

    It’s something special about people that give information so freely. Thanks a bunch!

  • @christinashumpert2265
    @christinashumpert2265 4 года назад +17

    I’m so happy I found your channel. You are the first woman that I’ve come across and I always felt like it would be more difficult for us. I can’t wait to watch your videos and see how it turns out !!!!

  • @ryanmontes3749
    @ryanmontes3749 4 года назад +21

    I’m 16 and I’m looking to start wholesaling. This video was filled with a lot of great information. Thank you!!

    • @Liliinvests
      @Liliinvests  4 года назад +1

      Glad it was helpful!

    • @paulgoetz7832
      @paulgoetz7832 3 года назад +5

      Ryan, important to know, you'll need a partner to sign on any contracts you may hypothetically write. You must be 18 to sign these contracts.

  • @croixmarisa2874
    @croixmarisa2874 3 года назад +8

    Girl, these are the best videos. I have a call with someone who wants to sell one of their rental properties, and I'm so nervous!!

  • @aleshakarl8693
    @aleshakarl8693 3 года назад +8

    I have been so interested in wholesaling but so lost at the same time but you have been feeding my brain a lot of good knowledge and I actually understand everything you say ! Thank you 🙌🏾 Wishing you nothing but the best on your journey !

  • @ajayllar
    @ajayllar 3 года назад +4

    I had a good laugh when you said how you got your pof letter! lol Thank you for these gems Lili!

  • @safetyguy5827
    @safetyguy5827 3 года назад +5

    Jerry is a flipping genius! I love your video also.

  • @brittanyloren4872
    @brittanyloren4872 3 года назад +19

    I am finally entering the wholesaling game... and I'm nervous as heck! I always wondered what I would say if someone asked me "Are you a wholesaler?" Thanks for helping me create something!

  • @louissnipe6778
    @louissnipe6778 2 года назад +1

    This is hands down the best channel teaching this content. I'm going to use this information to turn my life around.

  • @NyLundan
    @NyLundan 3 года назад +4

    Super proud of you I'm watching you live through this thing. You Got this!

  • @rhea-views6165
    @rhea-views6165 2 года назад +3

    I feel so inspired by you!!! You are so refreshing as a real estate investor. You are nothing like I have seen out there. I'm so grateful to have come across your channel. Please keep doing you You! You're giving me courage to do REI. ❤ love you girl!

  • @MinJulianMcClurkin
    @MinJulianMcClurkin 4 года назад +14

    As an agent, anytime I hear double dip, I think 🤑

  • @tonywilliams730
    @tonywilliams730 3 года назад +3

    I'm soooooo glad I ran across your videos. You make it understandable, every aspect of this wholesaling game. You can not imagine how much confidence and clarity you've given me
    Please continue putting out great content for people like me ..GOING FOR MY FIRST DEAL!!

  • @virtualadministrativeresou7888
    @virtualadministrativeresou7888 3 года назад +2

    Thank you! A property with structural issue is definitely a problem for buyers. BUT, if the issue is something that can be properly repaired for a decent cost BEFORE purchase, it 'could' be a worthy wholesale/investment pursuit.

  • @geraldfredrickjr5579
    @geraldfredrickjr5579 3 года назад +6

    You are doing so well!! It is so motivating to see!

  • @matthovater150
    @matthovater150 3 года назад

    I found you by accident. Iv been trying to learn wholesaling and Iv been struggling to grasp how to do this. I found I understood more with this video than many others. Your breaking down the simple stuff that the “big time” RUclips wholesalers just skip over like it’s all common knowledge. I appreciate that because some people aren’t at the same level and what might be common knowledge to some is a foreign language to others.

  • @edwardkemp3279
    @edwardkemp3279 3 года назад

    good luck. im getting started in wholesaleing and you are the first person I followed.

  • @shj3071
    @shj3071 3 года назад +2

    omg this is the best video so far. I have watched tons of these type of vds, however no one explained this detail but they were only selling their own programs for sucking money from beginners! I got to say how much I actually learn from this one. I feel like I owe you so much! thank you!

    • @Liliinvests
      @Liliinvests  3 года назад

      So glad you found it valuable!!!

  • @bradferguson79
    @bradferguson79 2 года назад +2

    I’m so hyped ! Love the fact that I have such an amazing channel to learn from ! Some things I take in to account and some things I don’t bother learning yet until I get the fundamentals down ! Thank you so much lili I can’t wait to get my first deal ! Your page is the best one yet ! I’m a check out the channel you recommended too. But this was such an amazing series!

  • @Karljagerfield
    @Karljagerfield 3 года назад +2

    Great video. you’ve came a long way in not a long amount of time. This gives me hope. You’re dope for this

  • @TheMaxineHearts
    @TheMaxineHearts 2 года назад

    Glad I found you! I’ve just dived myself in REI.

  • @angelafasuyi7178
    @angelafasuyi7178 4 года назад +5

    Good luck Lili, I pray you clinch this deal!!! Thanks so much for sharing your journey with us, I’ve learnt a ton from just watch your videos.

    • @Liliinvests
      @Liliinvests  4 года назад

      Angela this is so kind of you. Thank you so much for the support. Success or failure, I'll keep sharing to help us all :)

  • @MrWilsoncarlos24
    @MrWilsoncarlos24 2 года назад

    This is Awesome! I’m so so so happy and grateful I found your channel!

  • @sharvonnebradford7256
    @sharvonnebradford7256 3 года назад

    Lili I'm just trying to learn all I can to start wholesaling it's more complicated than I thought it would be. But watching your videos have motivated me to keep going until I do my first deal. I'm determined have nothing but time. I retired and have a car. I will start driving for dollars. Thanks so much for your real estate expertise. Blessings ❤️

  • @darionanderson7462
    @darionanderson7462 3 года назад

    U are heaven sent and also a great teacher a lot of these wholesale YT make it way to difficult to understand but u make it simple

  • @JTG313
    @JTG313 4 года назад +2

    You have a great voice for over the phone calling people

  • @G.ThatGuy
    @G.ThatGuy 4 года назад +10

    Love the fact that you are being so vulnerable and sharing your journey. Keep grinding everything will fall into place

    • @Liliinvests
      @Liliinvests  4 года назад +1

      Doing my best! Thanks for the support I really appreciate it :)

  • @richie5959
    @richie5959 4 года назад +22

    Wow, you dropped some gems in this video I never knew about that 1% rule for renters. That’s gold I’m def using that.

    • @Liliinvests
      @Liliinvests  4 года назад

      I got you lol thanks for watching! I also post more content on IG if you want to connect with me there @LiliInvests

    • @Yaksnatcher
      @Yaksnatcher 3 года назад

      Man on god her ass giving out million dollar tips🔥🔥🔥good looking

  • @charleswebb5128
    @charleswebb5128 4 года назад +5

    U are going to do very well in this business!...

  • @Ph.D_jamaicanmom
    @Ph.D_jamaicanmom 4 года назад +3

    Yesssssssss! Amen! Congratulations!

  • @Dave-xe6zu
    @Dave-xe6zu 3 года назад

    Good luck!!! 😊

  • @romonamiller5282
    @romonamiller5282 2 года назад

    thank you for breaking that down for me I'm new to this and I am looking to get my first deal this week. You are very young beautiful and smart.

  • @PupaNasT
    @PupaNasT 3 года назад

    Good luck Lili !!!...you have given me the courage to jump in the water TODAY ! Splash !!!!! Thank u !

  • @MissQue22
    @MissQue22 Год назад

    Good luck girly 😉

  • @WinYourWealth
    @WinYourWealth 4 года назад +14

    It’s really interesting following your journey!! Thank you for sharing :)

    • @Liliinvests
      @Liliinvests  4 года назад +2

      Absolutely! Thanks for watching!

  • @migueldevaughn3133
    @migueldevaughn3133 4 года назад +3

    This is so awesome! Can we get that video that you referred to for estimating rehab cost?

  • @rockswavesandrain
    @rockswavesandrain 2 года назад

    Absolutely love your channel. I was scared about hard money lenders, until I learned that if I put a renter in the property I could refinance with a traditional lender and buy them out.

  • @JayLeak9
    @JayLeak9 4 года назад +4

    Lili I'm on my husband email but I am so excited that I found you that I had to reach out to you. God has ordered my steps in finding you. I Pray that YOU are Successful in all of your endeavors! I am sooo Grateful for your quick mind and beautiful smile. I am on the edge of my seat taking notes. I Pray that I am not too late for any of your boot camps. Thank you for ALL of your videos!!

    • @Liliinvests
      @Liliinvests  4 года назад

      Thank you for such a kind comment! I'm glad you are finding my videos helpful that motivates me to keep it up :) If you're looking to join the bootcamp, I'd love to see you there! The next one starts Monday (November 2nd) and there are a few spots left. I hope to see you there! www.liliinvests.com/bootcamp

  • @maj.valero
    @maj.valero 3 года назад

    Crazy.. two weeks! I'm super impressed and inspired. 👏🏻

  • @KARIMALH1
    @KARIMALH1 3 года назад

    All I have to say is you're a brave young woman! You will succeed in anything you do

  • @beingcalandra
    @beingcalandra 3 года назад +1

    This video was beyond helpful! Thank you so much 🙏🏾

  • @brandencooper4095
    @brandencooper4095 3 года назад +1

    Congrats! This is amazing and very helpful info

  • @badbih3nergy577
    @badbih3nergy577 3 года назад

    I love you girl , so relatable & real 🗣💗

  • @adalquis1988
    @adalquis1988 3 года назад +2

    God bless you. Your awesome. I love how real you are when you're taking. I also follow Jerry Norton. I've been watching him and other wholesalers video for like 2-3. I haven't really dove in yet, specially because I have another side business going on and I don't want to take too much of my efforts from it. I have a question for you... you mentioned that you house hacked a property, does that mean you're in the Shot Term Rental business as well?

  • @jca0071
    @jca0071 4 года назад +8

    Good Luck, im eager to see the results!

    • @Liliinvests
      @Liliinvests  4 года назад +1

      Lol me too! Thanks for the support

  • @dashawnfountain5565
    @dashawnfountain5565 4 года назад +3

    I want to start wholesaling properties but not on my on. I will most definitely reach out to you lili, also I’m a 20 year old who will be graduating with a BS in Accounting next year!!!🙌🏾

    • @Liliinvests
      @Liliinvests  4 года назад

      Definitely hit me up! instagram.com/liliinvests

  • @styrontraylor8301
    @styrontraylor8301 3 года назад

    Good luck my sista

  • @timothyjohnson119
    @timothyjohnson119 3 года назад

    giving out good game need more people like you in this world 100

  • @chiefkeef8902
    @chiefkeef8902 4 года назад +4

    You are a goat! Glad I came across your videos. I had my second appointment 2 days ago. I started about 3 weeks ago.

    • @Liliinvests
      @Liliinvests  4 года назад +1

      Thanks so much! Keep at it and keep me updated, I want to know when you get your first deal :)

    • @chiefkeef8902
      @chiefkeef8902 4 года назад

      @@Liliinvests for sure!

  • @nadiacherelle198
    @nadiacherelle198 4 года назад +6

    Congrats - you're awesome! I've been following your journey and I'm learning so much, Thank you! Btw Brandon from BiggerPockets analyzed a multifamily property in Tusla during the webinar last week and I thought of you. Keep it up, I'm excited to learn and see you thrive.

    • @Liliinvests
      @Liliinvests  4 года назад +2

      Awww thank you so much Nadia. I really appreciate the support. Hopefully my channel is a good honest look at what’s its like :)

    • @nadiacherelle198
      @nadiacherelle198 4 года назад

      @@Liliinvests Yes, it's very detailed and informative. It's also great to see the process from start to finish. I have a quick follow up question after watching your video again. How do you avoid a cash buyer, wholesaler or anyone else from taking your deal? How do you protect it from being taken, especially after doing all the work?

    • @Liliinvests
      @Liliinvests  4 года назад +3

      @@nadiacherelle198 I make sure not to market the deal until I have a signed contract with the seller submitted to the title company. When there's an agent involved, I don't have to worry about them going to another buyer once we have a contract. If there's no agent involved, ask the title company to file a "memorandum of sale" which will place a hold on the property, preventing it from being sold to anyone but you until your contract expires.

  • @devorasavinon4191
    @devorasavinon4191 3 года назад

    So happy for you congrats 🎊

  • @johncatanzaro5697
    @johncatanzaro5697 3 года назад

    Great video tutorial, Lili.. Keep up the good work... JohnCat 👍😎

  • @derrickwilson6993
    @derrickwilson6993 3 года назад

    Thanks for the free tips. That's honestly nice of you to do, most people would charge a fee.

  • @kendalljackson1726
    @kendalljackson1726 3 года назад

    Keep staying focused and much respect

  • @domincgemelli1889
    @domincgemelli1889 3 года назад +3

    awesome video! i’m kind of in the same situation, found a property that wouldn’t be the best flip, but would make a great rental property. how did you separate your flip investors vs rental investors, if you even did. ARV is about 140k and asking 90k, not much work needed. this will be my first deal as well!

  • @dontr8gequit
    @dontr8gequit 2 года назад

    This is amazing content thank you

  • @akeem8128
    @akeem8128 4 года назад +1

    Congratulations!!!! 🍾 you look so happy keep grinding.

  • @imahniwallace6766
    @imahniwallace6766 Год назад

    Hi Lili, could you do a video explaining how you create your property info packet for cash buyers!? I havent seen this covered by any wholesalers yet and I think it would really help when that stage of the wholesaling process happens for new wholesalers on their first deal.

  • @ndonisea90
    @ndonisea90 3 года назад +1

    When you make your first million dollars MAKE A VIDEO! you are going to reach that level! Your videos are helpful first time wholesalers like myself and the information you provide is apricated by us all. I'm just excited to see where I am at a year from now 10/22/2021 thanks for the videos you are amazing!

  • @zenwonders8210
    @zenwonders8210 3 года назад

    Just wanted to say you make it very clear on how to do this unlike other youtubers, thanks cutie pie.

  • @tabularasa7350
    @tabularasa7350 3 года назад +2

    Thank you I was also worried about the proof of funds, where was I gonna get all that while being broke as a joke, thanks to your video you solved that problem for me thanks.

    • @tcb19531
      @tcb19531 2 года назад +2

      Tabula, I was in the same situation as you were in. I thank God for sending LiLi to me. She is truly a blessing and full of great knowledge about Wholesaling. Just keep watching the videos!!! I truly believe that we are going to be highly successful working with LiLi and trusting God to order our steps. God Bless

  • @iDoom9
    @iDoom9 2 года назад

    Ahhhh that proof of funds thing is what I was worried about.

  • @HiddenVocal
    @HiddenVocal 3 года назад

    Love how number oriented you are 👍🏾

  • @virtualwholesaling4099
    @virtualwholesaling4099 3 года назад +1

    Lili you videos are truly enriching!! Btw how do you know, when you’re seeing recently sold homes, that the houses were sold by a cash buyer or a retail homeowner?

  • @cbanks8037
    @cbanks8037 3 года назад

    Good luck 🍀

  • @autophile525i
    @autophile525i 3 года назад

    Good luck, keep us posted!

  • @db0y713
    @db0y713 2 года назад

    Hi! Love your channel. Could you create a youtube video on how to create a property info packet and what it is suppose to look like?

  • @goldenhamon6749
    @goldenhamon6749 3 года назад

    Yea we in the same boat of beginning I’m on the edge of starting I think your vids will be a step to that

  • @MissCrystalFaith
    @MissCrystalFaith 3 года назад

    lili! you're the best! can you also post a vid on how to get a contract set up? or where to find?? that's what im still confused about
    . love your channel!!

  • @kekedaily9228
    @kekedaily9228 3 года назад

    Tulsa represent I’m from their I’ve just found your channel today and I love it I’m learning soooo much

  • @myspaceintexas
    @myspaceintexas 4 года назад +1

    Yeah you are truly a beast!
    Thank you for your simplicity and your notes. I

  • @2Fresh313
    @2Fresh313 4 года назад +1

    I'm not able to watch the video just yet but I just wanted to pop in and say Congratulations!! I know you been working hard and this is well deserved. Keep it up!

    • @Liliinvests
      @Liliinvests  4 года назад

      I really appreciate that!!! It hasn't been easy but having you guys support me has meant the world

  • @Officialjeffc
    @Officialjeffc 4 года назад +1

    Shout out Jerry Norton I just watched his stuff now I'm watching yours. I built a probate skip traced and all that jazz, didn't work on my first campaign. Before I start another wave of marketing I'm gonna try this on-market hack. As a young black person myself, congrats on your success. #GenerationalWealth

  • @treyleshawn9556
    @treyleshawn9556 Месяц назад

    Good luck. I am doing my first one now

  • @ashleyjordan3273
    @ashleyjordan3273 3 года назад +2

    I love your videos. I’m curious to know how long does it take you to get a cash buyer after you get a deal under contract?

  • @jordanaubrey-realestateinv334
    @jordanaubrey-realestateinv334 4 года назад +1

    Congratulations 👏 👏 I know the feeling keep winning!

    • @Liliinvests
      @Liliinvests  4 года назад

      Doing my best! Thanks for the support!

  • @Rene-ok5pw
    @Rene-ok5pw 4 года назад +1

    You talk fast but I’m keepin up lol. How your specific &’ the way you explain things is perfect. Appreciate you !

  • @robertgriffin-bey3453
    @robertgriffin-bey3453 3 года назад

    YAS reporting according to the mastery TV we must always I repeat ALWAYS make the offer no matter how low it may seem!

  • @jmoney888
    @jmoney888 Год назад

    I really love this video ❤

  • @bradleydosch8884
    @bradleydosch8884 4 года назад +1

    Congrats - way to be creative and determined!

  • @jreal3072
    @jreal3072 2 года назад

    Wow! You did good on getting one within 2 weeks. I would stay away from structural though. That’s the biggest issue you could have. Let’s see what happens……

  • @jt-zg8tr
    @jt-zg8tr 3 года назад +1

    Basicly at the end of the day and no matter how you slice it they're all investors. Flippers wholesalers buyers sellers cash buyers rehabbers etc.

  • @nw9000
    @nw9000 3 года назад

    I love your videos and your Vlogs!🤗

  • @vladislavakobeleva8634
    @vladislavakobeleva8634 2 года назад

    hey, girl, so I have watched this video for the first time about a year ago, but i have only now gotten into wholesaling, and i ended up having to turn down a contract with a realtor, as my mentor was a bit unfamiliar with how to work with realtors in terms of contracts. can you please maybe briefly explain how i can get a property under contract with an agent using the p&s agreement--like what do i need for this, as I have a great property potential near me which i almost got under contract, but with me being new, i didnt understand the paperwork so i had to take an L on the deal.... =(
    as i think youre one of the only people out there who has worked with realtors, and understands this process..

  • @ss1nga
    @ss1nga 4 года назад

    👏👏👏👏👏🥳🥳🥳🥳 Congratulations and good luck with finding a buyer!!! Woohoo

  • @roselanistraus1681
    @roselanistraus1681 3 года назад +1

    Does the end buyer pay for the inspection? Because we, as wholesalers just need to get the house under contract? Is this correct? I love your channel! LOTS of useful information. I also just started subscribing to FlippingmasteryTv! He’s got good information too

  • @kittycatwitabat9818
    @kittycatwitabat9818 3 года назад

    Legend has it she likees and replies to every comment

  • @desmandwashington6873
    @desmandwashington6873 4 года назад +1

    Best of blessings!!

  • @IndieBassJA26
    @IndieBassJA26 3 года назад +1

    Lili, was your property report a one page Word document with pictures or did you go all out and do a PowerPoint or use a website with a fancy template? I feel like I’m close to getting something and I too want to use property reports! Thanks!

  • @swanjackson1211
    @swanjackson1211 4 года назад

    Good luck and I hope you got that deal

    • @Liliinvests
      @Liliinvests  4 года назад

      Didn't get this one but I've got good news coming soon :)

  • @HollywoodBrown1111Tarot
    @HollywoodBrown1111Tarot 3 года назад

    You are awesome. I just need a new laptop and get out of fear! What am I even afraid of??? smh. Thank you for the push!

  • @Sarathewise158
    @Sarathewise158 4 года назад

    Good luck, you got this!!!

  • @KwamenaOdofo
    @KwamenaOdofo 4 года назад +1

    Congrats and good luck! Keep eating ✊🏿😤