A Deep Dive into Modern Wholesaling Practices: An Interview with Kyle Allen
In this episode of the AZREIA show, hosts Marcus Maloney and Mike Del Prete talk with Kyle Allen of The Hoffer Group and Basil Holdings about navigating the real estate market. They discuss the shift towards wholesaling, managing market changes, and Kyle's early start in real estate at 16. Kyle shares his transition from handling open house signs to establishing his own ventures, leveraging TikTok for business growth, and focusing on marketing tactics like PPC ads. The conversation also covers building buyer lists, engaging with hedge funds, and understanding market dynamics. Kyle offers insights into creative financing, building relationships, and adapting strategies to suit market needs. This episode is packed with practical advice for real estate investors at any level.
Key Takeaways:
01:56 Guest Background and Current Market Strategy
02:57 Guest's Journey into Real Estate
06:03 Challenges and Learning Experiences
08:40 First Deal and Lessons Learned
18:43 Expanding Business and Virtual Wholesaling
20:53 The Power of Social Media in Business
21:03 Leveraging Freebies for Audience Engagement
21:33 Building Relationships through Calls and Texts
22:25 The Importance of Networking in Real Estate
22:38 The Power of Text Messaging in Business
23:05 Building B2B Relationships
24:10 The Impact of Networking Events
25:08 The Role of Social Media in Networking
27:24 The Importance of Consistency in Networking
27:44 The Shift to High Budget Marketing
27:59 The Role of PPC Ads in Business
31:17 The Impact of Market Shifts on Business
35:46 Building a Buyers List
37:19 The Role of Hedge Funds in the Market
41:12 Conclusion: The Importance of Taking Action
Connect with Kyle Allen:
https://www.instagram.com/kyleallen12/
https://www.linkedin.com/in/kyle-allen-126561102/
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