I Been doing Real Estate Wholesaling Going On 2weeks now and I have 4 houses/Land under contract...S/O to Brothers like him on RU-vid teaching me the Way...
Pay attention, this is giving back. This man just did more in a 20 min interview than any pro black has ever done ever! This is how you help your people, no excuses.
This is definitely a part of it. There’s a spiritual and mental part that is needed prior because if you make a nigga Rich you just make a nigga Rich, but if you make a Black man rich you making a light in the darkness. So all of it is necessary
Been at this for 17 months and I just closed my first deal in August. Learned from this video right here. Changed my life forever. Thanks, Breakfast Club and Mark Whitten!!!
Alright everybody who reads this, I work in the courthouse specifically in Estates which is Probate Court. He’s right. People do come down and look for homes in probate proceedings. Also like he said, LOOK THE PART. Don’t come down there with your pants hanging off and etc. Put on your best even if it isn’t much. This is from one black man in the courthouse to another black man or woman. You’ll see a difference trust me.
Bellwether Inspirations I suppose it’s dependent on the state and/or county you are in. You can always ask the front counter for the most “recent” probate files or just “open” probate files. Which is good because they’ll literally just give you a stack of 20 at a time. Side note, I’d check closed estate probate proceedings last simply because everything has been handled outside of us. Also, if handled with an attorney they’ve already settled real estate. Please ask more questions. I’d be glad to help.
I have literally watched this 10 times... I need to know this verbatim by heart... Is it just me or does anyone else feels like he was talking directly to them???
It's a shame that all i hear in the comments are "It's hard, It's hard'. SO WHAT!! College is hard and expensive. Getting a high paying job or promotion is hard. Starting a company is hard. All self made millionaires did something Hard. Stop always wanting something to be easy. The point is you can acquire wealth. This man is willing to share with you that there may be another option. He didn't have to. BTW. Most don't share.
Lazy minded people, make the world go round. They are the ones putting money into others pockets. Also the education system helps to create those lazy minded people. Democrats are big supporters of government education. Remember they are the party of slavery and the KKK.
@@pinkcede16 when the dust settles, The Breakfast Club will be one of the six degrees of separation that connects the next generation of leadership and wealth.
That is called mentorship. The best universities bring in people currently working in that field to teach. Public universities dont do that. Gov/socialist tax payer funded phones and gov schooling is trash, its a capitalist free market competition out here.
Mark taught me the wholesale game about 5 years ago i been rolling ever since here in Detroit bringing investors from around the world, Mark even sent a few of his students my way in detroit to help them.. Good Stuff Mark!
Hey my friend buy mark program its worth it, or just partner with other wholesalers in your area to get your first deal done. I can show you how to wholesale via skype wish i could teach your for free, but ill have to charge you because my time is limited.
I can vouch growing up with him living up the street. He has always been a smart guy. It's amazing he was born to be great!!! KEEP GOING!!!! Proud of him!!! When will people believe how genius Baltimore people are?
@Robert Drake I wish I understood it lol...its not my gift. Somethings don't register with me. Ive listen to it over and over it just not my gift. My gift is creating a business and managing it like my part time business of private transportation. I transport product for small business owners and have my own clients I take to work with clients who call me when they fly in. Stuff like that but I wish I could do real estate. Working on starting my own enrichment after school program for kids next. All takes time. Best wishes and much success to you! You know a really good guy!!
I'm a licensed realtor and investor, we get mail every other week from wholesalers trying to buy my properties or my clients homes. this process works but most houses have mortgages on them, where it will cut into your profits or render no profit at all. the key is finding someone desperate to get rid of it, probated/inherited and little to no mortgage on it. if you can't handle all the work it takes, try slow rolling, buying a property to fix up, live in it for a year or two and rent it out or sale. if you have okay credit, you can buy HUD homes for as little as $100 down + prepaid costs. borrow from your 401k, use that tax check to buy a home or towards downpayment. check your local city-county to see if they have credit counseling and down payment assistance programs. just get started
I would ask why not? There's no penalty for borrowing. we've done it for 2 homes. its paid back in 1-5 years through and automatic payment plan or lump sum. Now if you withdraw that's another story.
you can search homes at www.hudhomestore.com, you will still need to get approved through a lender but only an authorized agent/broker can submit bids on properties for you. And if you're buying a home to live in HUD will contribute towards closing costs.
I'd advise against borrowing from a 401k as well. Also with the 401ks im familiar with you can only borrow $$ to put towards your first home & you have to pay back the borrowed amount within 90 days to avoid a penalty.
Ton Robert because its empowering to listen to someone who gives you little crumbs of wisdom which you can then use to expand your imagination on how to create income in ingenious ways. When I was listening to him I could hear that hr was planting seeds in our minds...not about real estate really...but about the fact that we can't rely on any institution for financial security. Its up to the individual to follow crumbs of knowledge to the source and then give back to the community. When they interview celebrities its all fakery. The point of celebrity is to sell fantasies so everything a celeb does is contrived and a lie basically. You can't learn anything from lies except how to lie better. By now we're all Oscar quality actors the way we lie at work, lie to our spouse's , lie to our family...so that kind of content is not that enriching.
Check out my New Album LOUDER THAN WORDS I'd really appreciate it! PURPOSE official🔥🔥🔥🔥!!! ig............ @purpose410 www.soundcloud.com/bbrforever-purpose
I'll be putting a book together that explains the wholesaling process in detail. I heard of Mark when i first started in real estate. Glad to see him getting his shine 💯💯
Bill Gates I'm finishing up these last few chapters. Send your email info and name to eyethinkdifferent@gmail.com. also check out anchor.fm/antoine-royale to get money tips and life hacks.
Mr. Whitten you are so kind and generous, thank you for being so clear and honest. Great show ya'll, most people always leave something out but, you gave it all and not on a 2 hour webinar that charges $497 and then you still don't know crap. (You saved a lot of people frustration)
That is 100 percent correct - They have have the knowledge but they only tease you with enough information and continue to ask you to pay their business a fee, which they are well within their right as a legal business owner but we know that its a professional scam to some degree. Any business we may be interested in starting we just have to to the research and look for information like Mark is giving and keep learning about it, and find our way to success. The most challenging parts of real estate can be mastered by knowing the markets you want to do business in. Its work but it can be rewarding. I held a real estate license under Long and Foster - they want to many fees paid and want you to work to long and hard to have a fair commission without them taking all the money for your sales. I am looking foward to starting my own company.
A smart black man...my favorite 😏 what he's saying is what I've been working towards slowly. Good luck to all of us trying to make it and build wealth ✌🏾❤🏘💸
The Chosen1 Even if it’s free, a lot of ppl don’t know it. The fact that some ppl believe u need money or large amounts of money to get started deters them from even trying or researching.
Check out my New Album LOUDER THAN WORDS I'd really appreciate it! PURPOSE official🔥🔥🔥🔥!!! ig............ @purpose410 www.soundcloud.com/bbrforever-purpose
@@Iamjackeeee Check out my New Album LOUDER THAN WORDS I'd really appreciate it! PURPOSE official🔥🔥🔥🔥!!! ig............ @purpose410 www.soundcloud.com/bbrforever-purpose
My aunt use to do the SAME thing (Section 8) rentals for YEARS!! She said JUST like him, it was the BEST and EASIEST money EVER!! Pus Section * inspects EVERY year and ensures the tenant is not damaging the property.
Jenkens Josinvil the most effective way is to get your first property. All the people who call or contact you to buy the property, save all of their contact info and put them on your buyers list.
Janiee TheBrainee guys you can literally google the mans name and his website comes up. If y’all can’t figure out where to buy his course then you got some problems lol.
Thought I would share my notes with you guys cuz these interviewers are brain dead and kept interrupting: Home investing 1. Find a deal 2. Find Absentee owner (owner doesnt live there, motivated to sell) 3. Looking for low to medium income housing 4. Property tax assesment website, u can find out who owns a certain house by the mailing address, if address is different its absentee owner 5. Go on google maps, find the street, all of the houses will pop, just put in street name 6. Reach out to them, email, call them, 7. Spokeo.com, privateeye.com to reach out 8. Find the comps (find 4 highest sold houses, add it up and divide by 4) use realestateabc.com 9. Find sq ft of house and times it by 30($) to find out the repairs 10. Agree to buy the house. Get it under contract and then assign the contract to someone else for a profit Feel free to add anything i missed in the comment section below
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As a black 20 year old, I've been researching real estate for years. He's right about most of the stuff but you need to really understand this. Real Estate should be used to build wealth, not to get rich
why cant you be rich off real estate? there is no other way to get rich other than mergers and aqcuisiions, sports or entertainment business, or technological and stock invstments
love that Bmore accent. And I love that this brother came on the show and dropped these jewels so that other ppl can get on. More interviews like this please. These interviews lift up the minority community.
I don’t know this dude, probably will never hear about him again either but I’m so proud of him & appreciative that he took time to drop these dimes on us.. much respect
Just sending a prayer out to my brother Mark and men like him 🙏🏾💪🏾🏋🏿‼️ May God cover you with strength and wisdom and may your faith carry your fortitude and keep you vigilant and honorable. Keep rising 🙏🏾 Thanks for the information. I am going to water this seed. ⛹🏾♀️💪🏾
Stay on top of the housing game. Don't do anything half cocked. No all the rules and regulations. Treat others the way you would want your family treated. Go beyond the call of duty. Don't be greedy...the universe is watching.
Please post more content like this. Successful people that want to share their success story. I love to learn, I love to be educated! Just give me the tools(knowledge) and I can do the rest. Thank you for sharing!
That's actually the only part I didn't like. If there was a God you wouldn't have to go obtain this knowledge. You have to do the work, not invisible made up gods.
@@ishyameru6232 Where is a all knowing god? I hear people speak of one but can't produce one. This all knowing god doesn't tell it's people when a mass shooting is about to occur or any terrorists attacks. People on the other hand are the true gods, we can actually do things, even create a story about an all knowing god.
@@WilliamJonesLeavingReligion like I said, he's in heaven and why would he tell us when a mass shooting is going to happen when he decides who's going into the after life based off good and bad decisions? This isn't the end of life because there is life after death. God is all knowing he created everything you see and everything you don't see but he also created the devil because there can't be good without evil, light without dark, life without death and its the devil who gets people to go do bad things as well as God who gave us the free will to do whatever we please no matter how despicable
So proud of this brother and how positive he is wanting to help EVERYONE. I've been in low places but at the moment I am growing in will and strength and what raises my spirit is seeing all these smart young brothers going places AND giving back. Best wishes to this brother.
If every interview was like THIS, The Breakfast Club would be the best and most constructive show on youtube, no question. No gossip, no rumors just straight beneficial knowledge from start to finish. Wish it was a longer discussion tho'.
I feel you. And that's definitely proven by how short this interview was. Only a little over 20 minutes, whereas the gossip videos tend to get 45 to almost a full hour in length. But with all things considered, this is one of the upsides to youtube content, no doubt.
I love how Mark Whitten was looking at the camera showing that he's addressing the audience as an interpretation that he is there to really inform us great job brother!
Mark I’m so proud of you man I been following you since 2006. From running around Maryland with your brother in a white t-shirt flipping houses to the breakfast club. Salute.....
Everything he’s saying is True! I got his course a while back and since then I’ve been flipping flipping 2-3 deals per month. There are books you can get on what he’s saying it’s free at the library or go to amazon and look for a book called the art of wholesaling for $20.
When I first watched this I understood but I’ve been studying for a while now and I understand pretty much everything he’s talking about. I’m looking into probate, absentee owners, tired landlords, and virtual wholesaling. I can’t wait to do my first deal. My goal is to get one this month! 💪🏽
This guy is the truth, my husband and I do the same thing and offer coaching, if anyone is interested. And you DO NOT HAVE TO PAY TAXES OR LIENS, that money comes out of the sellers proceeds. It is what you put in the agreement that makes the difference
Hey guys thanks for showing interest!! You can email me at team@webuyhouses912.com where you can provide me your name and telephone number. From there my husband and I will personally give you a call and provide you the information for coaching.
Stephanie Marie team@webuyhouses912.com there you can provide your name and phone number and my husband and I will give you a call with details about coaching
100!!!! I’m all about this game of real estate. This man telling the truth. Yeah, it’s work but it’s super rewarding and life changing, and it’s all pretty simple. Hard work, yes, but basic/simple math. I currently got a duplex that I live in one side and rent out the other (house-hacking). Looking to buy me a 4 unit next and continue to move up each time to bigger and bigger buildings. Need to get this knowledge out to the young kids in the hoods. by the way, there’s a whole real estate investing community called “Biggerpockets”. Google it. It’s free and you can follow and connect with other investors in your area. I personally stayyyy on their podcasts cause how I see it, it’s free education. Peace. 🤙🏽
I did a bit of research into what this guy is saying and I have to say that do not be fooled, wholesaling is very difficult. He is speaking the truth but people will be quick to think that this is some type of get rich quick scheme. People rarely sell off market, some states require a license and getting the whole deal done is time consuming and hard. Like many things in life, if you work at it, you can succeed.
michael odetola Thats true my cousin started doing this 2 years ago and he actually had to quit his job and struggle for 4 to 6 months because of all the time that it takes to research everything. Now he is making money and starting to see it but its not for everyone and is ALOT of work
It's also hard to do in states that require a lawyer to close. They tend to turn their noses up at it. You're better off in states that use title companies.
Great interview.....The concept of assigning contracts is a great way to make money. To make Real Estate Option Contracts valid in some states, you have to pay consideration to the property owner to make it legally valid - $5k as an example. Make sure you understand the laws of your state regarding RE Option Contract/property contract assignments before you get started.
Im hispanic dude grew up in the hood but after couple years back stop listening to rap music during the week and listened to videos like this mans right here, hes speaking the truth you can use other peoples money and other peoples credit to help them and yourself to level up in life i know i did. live in beautiful part of town on 1 acre huge property with my fam funny part is now the white older people around me really cool people. weve had partys until 6am 40 cars in the driveway on the lawn never once got the police called on me. Listen to music on the weekends have fun but during the week grind man listen to audiobooks on wealth its another world out there believe in yourself become obsessed!
I could be wrong, but this sounds like this is what debt collection companies do. Have you ever had a debt bounce around from company to company calling you to pay it off? My financial advisor taught me how these companies do...how it works behind the curtain. Many blessings to this brother. Genius.
I want to gain wealth and most importantly financial freedom. I am tired of working 9-5. I was already having thoughts about real estate but this video along with research on wholesaling has motivated me to get into it. Mark Whitten and Grant Cardone videos are inspirational
I have over 100 apartments. The money isn't in flipping. Its in buying and holding. People scam and say you don't need credit but that's bullshit. Credit is the most important thing.
L. Thomas I 100% agree. Will Roundtree is the Credit King! You should want to have strong credit as a safety net...even if you happen to come across a deal that doesn't require credit. Your credit can assist with the repairs or allow you to transition into getting business funding. Check him out support@wemanagementinc.com.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” -- Andrew Carnegie
that quote was a century ago , today there are more dot com millionairs in America than real estate mogules. 70 % OF SELF MADE MILLIONAIRS IN AMERICA DID IT IN REAL ESTATE BEFORE THE DOT COM ERA .
😳😳😳😳😳😳😳😳😳😳 woooooooowwww! You know how many times I skipped pass this video!!!???? 🤦🏾♀️🤦🏾♀️🤦🏾♀️ thank you brotha, I appreciate YOU and I thank you for this knowledge.....
If you are buying... yes. Completely different lane. Wholesaling is for people who want to make money asap and on an on going basis. It's for income. What you described is called investing.
The thing about these people that claim to want everyone to be successful is there is always a catch. He charges for his information and I’m sure it’s very expensive. These guys act like they want everyone to win but really there just sucking people in to make money out of them
Jessica Simone after watching this video last year I instantly started watching videos on how to wholesale and I instantly started calling people on Zillow and craigslist just trying to get someone to sell me their property. It took me 9 months of consistent action and unbelievable faith to close my first deal which was in February of this year. I quit my job the next day. Ever since my business has been trending upwards. In the words of Nipsey “I’ll say it’s worth it I won’t say it’s fair”. It’s a journey but keep faith and the sky is the limit🙌🏾 god bless you and your journey!
Congrats to you brotha. I have been binge watching these videos like crazy for the past week. Just got a couple books that came in, investing time in each day to gain the knowledge before I act. Hope and pray that I can be where you are 6-9 momths from now. Thanks for sharing that.
I'm so blessed to be a teen watching all these great interviews by you guys!!! Financial analysts, advisors, rappers, actors, and activists all visit one place!
I and like 6 other investors purchased a 3 storie brownstone in Harlem in the early 90's at an auction for like ~$22K that needed a complete rehab. About a year or so down the line one of the investors bought everyone else out and tackled the project on his own and lived in it until h passed away. FYI we bought the property with a squaller in it. He turned out to not only be the son of the previous owner, but was also once a membern of the Harlem Globetrotters ☹️
Much Respect 2 this dude.. Mark Whitten mann...I can see that his really trying 2 help in anyway he can✊.. I hope he can continue 2 reach success in the Real Estate field.
I am so motivated after watching this as a single black young mother in America this was very motivational I want to get started right now and it’s like 7 am lol
Real Estate is good but Bitcoin is in the future investing in it now is the wisest things to do especially with the current rise.... For real it is profitable
The value of others financial markets crashed immediately after the lock down but Bitcoin kept on increasing. Other financial markets may be back in 6_7 months. For now it's best on bitcoin
I know about a professional broker Ma'am Nicole with many years of experience in bitcoin trading, she managed my account in such a way winning is the only standard I know.
He gave great advice!!! Even when he said go to Home Depot to find contractors, I’m in Home Depot or Lowe’s 1 to 2 times a day and that’s a very underrated but great way to land connections!!
