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The Titanium Vault hosted by RJ Bates III
RJ Bates III, affectionately referred to as the Viking Wizard by his students, started his real estate investing career in 2014 after attending a real estate education program that put him $65,000 in debt. RJ contracted his first deal he found on the MLS and wholesaled it for a $7,500 assignment fee. That was the end of his former life and the beginning of his venture into becoming a real estate investor. Since that moment, RJ has become an influential figurehead in the real estate investing industry. He has successfully purchased and sold over 2,000 properties all across the USA including wholesale deals, rehabs, rentals, owner finances and short term rentals. One of his passions is being the host of The Titanium Vault Podcast where he interviews the top real estate investors and finally, RJ has won back to back Closers Olympics earning him the reputation as the King Closer!
The Titanium Vault hosted by RJ Bates III
What Market Should I Wholesale In? | Wholesaling Quickies
Want to work directly with me to close more deals? Go Here: https://www.titaniumu.com
Want the Closer’s Formula sales process I’ve used to close 2,000+ deals (FREE) Go Here: https://www.kingclosersformula.com/close
If you’re new to my channel my name is RJ Bates III. Myself and my partner Cassi DeHaas are the founders of Titanium Investments.
We are nationwide virtual wholesalers and on this channel we share EVERYTHING that we do inside our business. So if you’re looking to close more deals - at higher assignments - anywhere in the country… You’re in the right place.
Who is Titanium Investments and What Have We Accomplished?
Over 10 years in the real estate investing business
Closed deals in all 50 states
Owned rentals in 12 states
Flipped houses in 11 states
Closed on over 2,000 properties
125 contracts in 50 days (all live on YouTube)
Back to back Closers Olympics Champion
Trained thousands of wholesalers to close more deals
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With over 2,000 Videos, this is the #1 channel on YouTube for all things Virtual Wholesaling. SUBSCRIBE NOW! https://www.youtube.com/@RJBatesIII
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RESOURCES FOR YOU:
If you want my team and I to walk you through how to build or scale your virtual wholesaling business from A to Z, click here to learn more about Titanium University: https://www.titaniumu.com
(FREE) If you want to learn how to close deals just like me, The King Closer, then download the free King Closer Formula PDF: https://www.kingclosersformula.com/close
(FREE) Join our exclusive FB group community for real estate investors and wholesalers: https://www.facebook.com/groups/titaniumvault/
(FREE) Click here to grab our Titanium fleet free PDF & training: Our battle tested strategies and tools that we actually use… and are proven to work: https://www.kingclosersformula.com/fleet
Grab the King Closer Blueprint: My Step by Step Sales Process for closing over 2,000 deals (Only $37): https://www.kingclosersformula.com/kcblueprint
Grab Titanium Profits: Our exact system we use to comp and underwrite deals in only 4 minutes. (Only $99) https://www.kingclosersformula.com/titaniumprofits
Want to know what the best markets to wholesale in are? Grab my breakdown of all 50 states here: https://www.titaniumu.com/markets
Welcome to Wholesale and Quickies, where I'm going to try to give you as much information as possible in less than five minutes, because you have a short attention span. All right, what market should I wholesale in? Now this is the number one question I get with virtual wholesalers that are just starting out. What market should I do this in? Rj? And I get it, but we have resources that we want to give you. So, right off the bat, I'm going to tell you you can go to titaniumucom slash markets, and it's a free PDF that gives you an explanation over all 50 states, gives you title companies, gives you my breakdown of how I feel about the acquisitions, dispositions and an overall rating as well as the percentage of deals that we've done in all 50 states. Now here's some quick tips on the different markets. Anything west of Texas is going to be more difficult on acquisitions than easier on dispositions. Anything east of Texas is going to be fairly easy on acquisitions but can be a little bit more difficult on dispositions. The other thing about the Midwest and the Sunbelt states is that they're notorious for having lower assignment fees.
Speaker 1:Now here's how you should make your decision on what market you're going to virtually wholesale in. Who do you know in those markets that can help you close deals? What I mean by that is do you know actual end buyers? Do you know joint venture partners that can help you with dispositions? Especially when you're getting started, you should be focused on getting deals and not necessarily how to dispo those deals. Probably our first 100 wholesale transactions, we did not do the dispositions ourselves. We just JV'd with someone else that had known buyers. I recommend majority of newer wholesalers should do the exact same thing Find someone that has buyers, find out what those locations are, purchase leads in those markets and get great at closing and comping and underwriting and understanding where those end buyers will buy deals. This will help you decide what markets to choose.
Speaker 1:Now the other thing that you need to be paying attention to is the wholesale regulations. Over the past several years, many wholesale regulations have come down and made some states extremely difficult to wholesale in. I'll give you a couple of those just right off the top of my head Oregon, nebraska, pennsylvania, south Carolina, oklahoma, illinois. It's not that you can't wholesale, it's just that there are regulations in those locations and it does make it a little bit more difficult sometimes having to get a licensed realtor involved, or using transactional funding to do a double close. Again, the most important thing is who do you know in the markets that can help you succeed as a virtual wholesaler? Now, to reiterate the free resource that we are giving you, you can download at titaniumucom slash markets. Download that. Decide your markets. Don't overthink it. Go get you some properties under contract. Let's get this money.