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So last week in the midst of a brief phone call with my friend and fellow investor-blogger Alex Joungblood, he stopped me in my tracks by coyly mentioning he just signed up 5 tasty, fresh deals — and he did it all from right smack in the middle of his 14-day family vacation in Orlando.

Needless to say, I was impressed.  I’ll be honest, I’ve done a lot of wholesale deals in my 10+ years at this — but never that many from an out-of-state family vacation.

Yep, Alex is basically a poster boy for the Chico’s  “Virtual Wholesaling” business model, truly…

  • He’s actively involved in multiple markets – one at home and another far away from home…
  • He’s got the right systems and processes in place – a combo of technology and remote virtual assistants…
  • And because of these he’s able to do quite nicely flipping deals literally part time from the beach, armed with barely more than a laptop and a cell phone.

I asked how much he expects to make from just these five deals.  His answer: “Somewhere north of around $75,000 in flip fees I think…” (Not a bad half month, eh?)

I know, I know. It does sound a little too cliche’, doesn’t it?  But the fact is, I know Alex and this is the reality he has crafted for himself.  It’s also, by the way, akin to the reality of my good friend Bob Norton, whom you all probably know pretty well by now.

Interview With a Vampire Virtual Wholesaler…

So I couldn’t resist. I thought you guys might enjoy hearing a little more from Alex about how he’s able to do all this.  So I called him up and recorded about 17 minutes worth of us chatting about it.

Enjoy my insightful 17 min chat with Alex about it all…

[audio:http://reitips-audio.s3.amazonaws.com/interviews/joungblood_case_study_with_intro_outro.mp3]
Download MP3…

Among My Many Probing Questions:

  • “From our “17 Sneaky Wholesaling Tricks” we did a few weeks ago, how many of the “sneaky tricks” did you actually end up using on these deals?” (Hint: more than 1)
  • “At what point in this deal did you eventually end up talking to the seller personally?”
  • “Before contacting your potential buyer with this deal, how much of your personal time did you actually have into this?”
  • “Specifically what tools, resources and/or systems are enabling you to run your business so you can flip 5 deals and make $75k+, while literally on family vacation with little more than a cell phone and laptop?
  • “What exactly do you pay your full-time V.A. to do all this for you?”
  • And lots of other good stuff…

Side Note Re: “17 Sneaky Wholesaling Tricks”…

If you missed our “17 Sneaky Tricks” session (I’ve gotten a few emails), you should know that we’ve made it available again briefly (72 hours).  So if you’re iinterested, check here to see if it’s still available…

This was a really great little session (actually is was nearly 4 hours long, so not so little I suppose) that everyone seemed to really enjoy and get a lot out of.  So if you’re a wholesaler, be sure to check it out before it’s gone-gone.