Episode Details

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In this episode, Rich Somers sits down with Tim Yu to break down the world of real estate wholesaling and why he believes it’s one of the fastest ways to generate active income in real estate. Tim explains exactly how the wholesaling model works, how his team finds motivated sellers, and how they’ve replaced expensive marketing channels with cold email—sending roughly 22,000 emails for around $200 per month and turning those opportunities into $30,000–$50,000 in assignment fees.

Tim also shares the harder side of his journey, including building the business while still serving in the Army and accumulating more than $100,000 in credit card debt after spending heavily on marketing. He walks through how he and his partner recovered, the mistakes new wholesalers make, how to find and sell deals, and what separates the people making a few deals from those building a real wholesaling business.

Want to learn how to use cold email for yourself?

Here is a free course on how anyone can get started
https://reinbox.org/richsomers.

Connect with Rich on Instagram: @rich_somers