Big Mike Fund Podcast
045: Million Dollar Wholesaler
Today I talk with the energetic #1 Wholesaler in the US last year, Tom Krol. We talk about family and Wholesaling. Not wholesaling furniture, tomatoes, or pajamas, but wholesaling real estate. Tom explains his views on business, what wholesaling is (it’s all about marketing and less about real estate), and coaching.
00:32 – Hi Tom
00:59 – Tom’s backstory
03:59 - How Real Estate Wholesaling Works
05:08 - Every wholesaling business should do three things
05:55 - Wholesaling real estate should be like a pawnshop
06:49 - Tom’s definition of a business
07:49 - Wholesaling definition summary
09:54 - What marketing strategies Tom uses for his Wholesaling business
12:37 - The major mistakes that struggling wholesalers make
15:55 - How do people figure out what works?
18:18 - How do you get started & how do you find out the perfect marketing strategy?
20:34 - Constantly be in a mentorship
25:45 - Trust and Verify, know the numbers.
27:22 - Finding the right coach
29:13 - Where to find Tom
30:30 - Final Thoughts
32:20 – Thank you for listening to the Big Mike Fund Podcast
Brought to you by Mike Zlotnik (Big Mike) of Big Mike Fund Podcast