EP145: How Virtual Wholesaling Works ft. Gerald Hennessey

EP145: How Virtual Wholesaling Works ft. Gerald Hennessey

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Gerald Hennessey is in the Seattle market which is struggling with inventory, which has caused him to explore others options including virtual wholesaling. On this episode, Gerald walks us through the pros and cons of virtual wholesaling and why it works well!

Time-Stamped Show Notes:

[06:14] Who is Gerald Hennessey?

[09:35] Gerald shares a few things he learned through the crash in 2006.

[15:15] Gerald tells what he’s transitioned to through the years.

[16:47] Let’s discuss airbnbs.

[24:18] What is Gerald’s market like?

[31:17] Is a rental market a good idea?

[32:30] BRRRR. Do you know what this acronym means?

[35:10] Gerald shares information about Opportunity Zones.

[36:33] Is Starbucks coffee better in Seattle than anywhere else?

[37:50] Virtual wholesaling is an option? Why does Gerald do virtual wholesaling? Gerald gives some great advice and tips for virtual wholesaling.

[45:22] What has been Gerald’s favorite market for virtual wholesaling?

[47:14] Legacy is always a hot topic on the Good Success Podcast. Gerald shares his thoughts on this.

[53:25] What is good success to Gerald?

[55:00] Gerald leaves one last piece of advice.


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