Brett Snodgrass’ “Simple Wholesaling” was born simply because Brett wants a simple yet fast-paced business
He also wants freedom while doing his business thus the need for a reliable team. For him, the main reason for doing your own business is to achieve freedom of money and freedom of time.
Brett Snodgrass is CEO of Simple Wholesaling and has been a full-time real estate investor for 10+ years. He specializes in wholesaling, wholetailing, creative financing, and scaling a business from a one-man-band to an amazing full team running 100s of deals per year.
Brett’s amazing team buys and sells 300+ properties per year and builds passive streams of income by creating 50+ creative financing deals per year. In a five-year timespan, Brett has gone from a one-person team to a full-time staff of 10+ team members and has tripled his deal flow.
For more valuable information click on this link and watch the complete episode: https://youtu.be/nGLOKBWxC18 – “Finding Purpose And Success with Brett Snodgrass & Jay Conner”
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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Jay Conner:
Built this fantastic wholesaling business up there in the Indianapolis area. You mentioned that you work with people all over the nation. What do you primarily do Brett, outside of your own business? Do you work with other people across the nation, helping them passively be involved in real estate and get high returns? Or do you actually coach other people that want to learn about wholesaling?
Brett Snodgrass:
Yeah, that’s a great question, Jay. So as you mentioned, I’ve actually been doing real estate for more than 10 years. It’s actually coming up on 14 years now and I’ve done a lot of different things with real estate. Like you mentioned I’ve done wholesaling, I’ve done fix and flipping properties. We’ve done some creative or seller financing is what you’ve mentioned. I have some rental properties I’ve done that. We’ve done some property management. So I’ve done all sorts of things with real estate. About five or six years ago, what I realized is I really love the wholesaling chasing deals. I like the quick nickel rather than the slow dime, that sort of business. So that’s really where simple wholesaling was born. And that’s when I wanted a very simple business back in 2014, actually I said, I want a simple business.
I want to go back into wholesaling and just doing a very fast-paced business. I want to build a team and scale it from this one man band to a team where I could have more freedom, right. I mean, that’s really why we all start this business is to have some freedom of money and freedom of time. And I didn’t have any of that about seven years ago. So that’s when simple wholesaling was born and we’ve been doing amazing. So fast forward to today, I think last year we did a little over 300 deals. We do two between two and $3 million of type gross a year. And I have a team right now I think of about, let’s see it always growing a little bit, 13, 14 people. We work with virtual assistants as well.
And we mostly do wholesaling honestly. And then we also do some creative financing where that’s where that passive income comes into play because the wholesaling business, you have to keep doing it over and over and over again every single month. So I realized, I can’t do that forever, so I need to build some passive income. That’s when we started to sell or finance, some of these properties, where we are the bank and then we finance the properties and we do, like I said, 40 50 of those a year. And that’s where that passive income comes in. Then we also do some rentals here and there to save on taxes.
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