EP #51 From Buyers to 10 deals per month with the JV queen Michelle Murray

Michelle Murray is a proud wholesale real estate investor. She has been improving South Florida neighborhoods by buying and selling investment properties for the past decade. A viable solution for property owners who want to liquidate their assets, Michelle also creates profitable opportunities for her team and investors in her wholesale network. Michelle specializes in as-is cash transactions, wholesale, wholesale, Fix and Flips, and buy and hold investment strategies.

Key Takeaways:

Regardless of being a passive or an active investor, the ability to adapt is very important for any real estate investor. Michelle Murray specializes in wholesaling as a joint venture investor and she started out as a passive investor, she juggled between her work at a call center and as a wholesaler. When Michelle got started with wholesaling, she had little experience in the real estate niche and she did not quit her job to learn the ropes involved in wholesaling. What is a joint venture? How did Michelle getting started in wholesaling without any experience? Why didn’t Michelle quit her job to take on real estate, full-time, when she first got started? Regardless of having no formal knowledge, Michelle successfully closed her first deal but, her subsequent ones were quite unsuccessful. Why? Because not only was Michelle not an expert in investing, she did not harness the power of partnership marketing. When Michelle got started in real estate, she used platforms such as Craigslist and Facebook to find buyers and sellers but, she made use of a technique called “drive for dollar” where she went out to find deals instead of waiting for them to come to her! What are some of the crucial mistakes newbies make after closing their first deal? Why is it important to have a partner in real estate? What type of partnership does Michelle create with her fellow investors? How does Michelle leverage these partnerships to find more buyers? Why is it important to cultivate a direct seller relationship? Why you need to take over disposition, right now, to figure out what buyers want due to the instability of the marketplace.

Mentioned in this episode:

How to get started and scale your wholesale business. If you are looking to take the leap and really learn this business online, get started at Wholesale Mastery.

Connect with Michelle:

QuickTurnProperties.comLinkedin | Email

 

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