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For more infomation >> Classic song brs\New full screen status video for whats app - Duration: 0:31.

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[Part 1 OF 5] REAL ESTATE WHOLESALING IS DEAD - Classic - Duration: 12:10.

CLOSED CAPTION BY YOUTUBE! so I decided to test out a few things I

picked up a few deals here and there

very quickly and and then also my father

set apart what's going on I'm starting

right away the first time I will do this

type of presentation online yeah - guys

- real estate I'm gonna go ahead anyway

alright so first of all let me go ahead

and mute that whatever it is that's

talking right now all right cool yep I'm

your dad

perfect all right cool so it's gonna be

an exciting time we'll try to keep it

under an hour okay but if you are here

because you're cool years what I have to

share kudos to you rightfully so because

the concept of what I'm sharing with you

it's going to shake up the industry

heavy over the next few years

well consider yourself lucky for being

here right now okay because I am part of

another industry that this concept kind

of shook up back in 2008 oh nine ten but

you know real estate has been immune

against this a little bit over time but

I'm afraid that is time that I share

this with people so you too you can

capitalize on it and and use it okay so

if you're here please announce yourself

wherever you know maybe in the chat

group on you to or meetup just say who

you are and where you're logging in from

but yes realize the host Ellen is dead

at least the way you knew it

okay so I'm going to be sharing a little

bit of a different concept with you

today and if it makes sense

I just wanna be not into yourself and

but but the good news is that I have a

solution for what's going on if you're

here chances are you're spending a ton

of money already on marketing

I'm trying to get your first deal second

deal the next deal but you're probably

realizing that those direct mailing are

not working as good as they used to

I'm gonna share with you why they're not

working okay

I'm gonna give you a few scenarios and

if it makes sense it makes sense you

know if it doesn't you know or you can

also share that with me in the chat

group but I think it's gonna make sense

to you um but before we get into that I

think you should know who I am my name

is Paula some people call me talks

my last name is that be told on and I've

been in New Jersey now it's 2000 on what

okay it's gonna be 19 years I've been in

New Jersey in May June I was born in

Texas was raised in Nigeria Africa I am

a bona fide Nigerians and some people

want me to because of legal reasons

because my passport is blue they want me

to say major in American but however way

you see me it's perfectly fine with me

okay but I can identify with both

because now it's coming up - most of my

life has been spent here in the United

States and and a lot of that most of my

life is spent in New Jersey now okay so

this is what I know okay but my

developing years were in Nigeria and was

a fantastic experience I have great

parents I was raised by fantastic

parents that really valued education so

much that doesn't matter what you're

gonna do with your life just go to

school right so um when I came back I

went through Middlesex County College I

for three semesters that was pretty much

a waste and then I went through NJIT for

the next six years of my life

and um it it was what some fun but you

I was working at FedEx most of all that

time that I was in college I was working

between 1999 and 2006 I was working at

FedEx in 2004 I got exposed into this

world of real estate and and I took

another like a bull right now when I

went in I met a few mentors Anthony

quite an early some of you may know him

Bob barn back you know introduced me

together met up I went I went hard okay

some of you may even know who Richard

Douglas is right so some of this guy I

learned one thing go to Glen Gallucci

you know I learned some rehab did a

couple of rehabs from him right and then

of course she does not eat a pound and

then everything crashed boom right right

and that happened and totally wiped out

my business the reason I consider myself

lucky was that I did not have a luxury

lifestyle I didn't have a luxury

lifestyle I was making good money a lot

of money averaging 30 40 grand per month

from the deals I was doing I did a few

of them in partnership with my friend

Anthony and some other people you know

as a matter of fact there's no deal I've

ever done that I think partnering with

somebody to be honest with you so polish

is a beautiful thing that we learned in

the real estate and is still very it's

actually more important right now to

understand the power of partnership now

more than ever before if you want to be

a one-man business you are gonna

struggle for a long time because then

you don't really understand leverage

okay so but anyway let me talk to you

right sure

I'm in 2008 everything disappeared I was

able to leave on my savings for probably

the fall of 2008 2009 living on my

savings I try to get into the car

business

exporting car business all of that was a

total disaster then I found myself or

early 2009 picked up a new skill which

is digital marketing internet marketing

all that stuff and I because my

background from NJIT was computer

engineer and maybe because maybe not I'm

not sure but

I was able to leverage everything I know

up to that point and I was able to

create another series of massive success

on the internet okay so it gives you

wondering do people really make money on

the internet well that's what I've been

living on since 2000 and ending of 2009

okay so I was lucky enough to not go all

the way down to zero before I was able

to pick that up again and at that time

my brother joined me as well and we have

to create some massive success bill to

build a big brand online and to be

honest with you a lot of ups and downs

and then as well too because there's a

limit curve that's involved with that

okay but the good thing is that I came

into that arena knowing having a mindset

and understanding business you know

having a background that I have in real

estate and in 2014 I was like real

estate they stood there people still

wholesaling people are still short

selling and all those things so I

decided to test out a few things I

picked up a few deals here and there

very quickly and and then also my father

said to partner with me he got a online

sense we were able to been doing some

few things since then but here's what I

noticed you know when I when I joined

sorry when I started back in 2004 and

five you know all we had to do was write

a simple letter you get a list of people

closures and you write a simple letter

and you send out letter to Holmes and

before you know it you know at the time

I was making $300 this was back in a

whole fight right making $300 per week

from FedEx from working at FedEx now I

didn't have my two sons now eight and

six I mean I wasn't married you know but

um I would take a hundred dollars from

that three hundred dollars and I would

spend it on mailing you know and I will

do that just consistently like that and

I've picked up quite a few deals I

closed my first deal in 2005 December

okay so that's like a whole year because

the first class I attended was back in

2004 so that's the whole year at the

time I already had enough

deels that I was working on together

with my partner at the time that was in

the pipeline we all together closed in I

made about $100,000 from all of them

right but my first check was $10,000 in

2005 and I took that check I broke into

two to five grand

I bought a Chrysler Concorde I needed a

car so I bought a cry at that time and

was bleeds from that point who doesn't

have five all the way up to mid 2008 so

early 2008 I started to hear this you

know including people like Bob on our

back they say you know some of the no

duck loan some of the loans that were

easy to close or I was easy to find

buyers people were bringing buyers front

and then to the table those things were

disappearing and dissipated in my eyes

before that to be honest I gotta be

honest with you I felt invisible you

know I mean you know I thought it was

gonna last forever

but sadly he didn't and lo and behold

you know everything kind of dried off I

had about 30 short sale deals on my

table all approved for no buyers no

buyers zero bias literally have another

deal I was doing in South Jersey

you know this occurred the only thing I

could really conclude by the mid by mid

2009 was to just shut down everything so

I can reset and figure out something and

that's how I found myself here so so

it's been lovely now when I test on I

came back into the business and tested

some mailings or what has really

happened

all in all overall to be honest with you

is just waste of money on direct mailer

okay dark million if you're not paying

attention is overpriced right now it's

just overpriced is the worst type of

marketing you can do right now to code

market to people that don't know you

already so people that don't trust you

already you know and that's one of the

things I'm gonna be talking about here

okay because it's not

at time amazing noises so much in the

marketplace and by the way if you're a

real estate investor a real estate

professional and a agent you'll none of

those things buddy will you're a

marketer okay so let's just get that out

of the window right now let's just see

that right now and get it over with you

are a marketer okay and understanding

treating attention is a big deal for you

okay because I think about it

ah the first one of the one of the

trainees that I went through back in

early 2005 was 3 grand I was uh was

money that I borrowed from my friend at

the time they were supposed to be my

partner he never paid attention and I

paid her 3 grand well it was first of

all of free seminar you know how that

goes right on free seminar and then they

up sold us on $200 for like a day after

the one day then they up so does on the

$3,000 and after the $3,000 the child of

Stella's on something bigger but of hold

on woody

I was out of funds I mean I was a

student I was finishing my master's

degree so I mean I you know there's no

way

For more infomation >> [Part 1 OF 5] REAL ESTATE WHOLESALING IS DEAD - Classic - Duration: 12:10.

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