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Ep 033: How to wholetail real estate | Shane Swanberg
02:15 – Shane shares one of his interesting stories in the real estate business. He started his real estate activity by cold calling for several weeks, his first ever deal ended up in an auction.
09:02 – Shane talks about the process of short selling. Short selling is rare, it is common during the recession period of the market.
10:25 – Shane shares his story and how he got started in real estate investment. He started back in 2013 and bought properties in Memphis, Tennessee. He’s more interested in building passive income.
13:00 – He kickstarted and built his momentum after the first deal he made says Shane. Consistent action on a daily basis has led him to success Shane added.
14:08 – Shane breaks down his strategy with wholesaling and wholetailing. He has done 21 deals in just a few years.
16:32 – Shane explains the word ‘wholetail’ and how it’s different from wholesaling and flipping. It’s kind of a combination of wholesaling and flipping.
20:40 – A lot of the houses Shane has bought he decided to wholetail. He gets the same results profit wise.
22:46 – Shane says there are 2 types of wholetail that you can do. There is a ‘retail wholetail’ and an ‘investor wholetail’, Shane explains the definition of these two types of wholetail.
24:53 – Go for wholetailing strategy says Shane. You should run the numbers on different strategies and see which one makes the most profit.
27:30 – Shane says with every single deal that you do you’re going to learn more and more and figure out what exit strategy is best for that specific deal.
28:22 – Shane shares his trick on being succesful on the market. If you have a higher priced home you have a potential for higher profit says Shane.
30:33 – Wholetailing is a safer deal says Shane. Shane is paying his investors a minimun of 2 months interest and they like it.
33:50 – Shane talks about his podcast. His podcast is called ShahShane Real Estate Redemption. Connect to Shane via his Instagram @s_swanberg and through his email swanbergshane@gmail.com
36:14 – Shane shares what is next for his business and what is driving him. Shane will continue to scale his business and focus on his passive income.
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