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EP145: How Virtual Wholesaling Works ft. Gerald Hennessey

By Tom OlsonDecember 14, 2018

Introduction

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.

Resources

Read the Compound Effect Book. Join the nation’s elite real estate investor mastermind! Learn how to revolutionize your community through real estate investing by attending the Community Go Giver Event! Grab your FREE copy of the Active Turnkey book, “Active Turnkey – The Best Way To Buy Rentals.” Increase your rental portfolio by investing in Northwest Indiana turnkey properties.

Related:  EP138: Growing A Property Management Company with Technology ft. Tim Davis

Sponsors

Looking to grow your passive income and expand your real estate investing portfolio within a very stable market? Check out Olson Group’s Chicagoland and Northwest Indiana Turnkey and Active Turnkey properties that are available for purchase. Looking for a first-class property management company that will ensure your properties stay rented and maintaned all while providing you with peace of mind and professional customer service? Olson Property Services is Northwest Indiana’s premier property management company. Looking to remodel your kitchen or bathroom in Northwest Indiana? Olson Construction Management Services is Northwest Indiana’s premier Construction Management Company.

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