The last housing crash wasn’t a good time for most Americans. And for Brent Daniels, it was the worst time of his life. Before the crash, he was riding high, making six figures, living in a big house with a new car, and building a real estate brokerage with eighty employees. Then, the market started to tank, and so did Brent’s revenue. He had to let go of all eighty workers, watch his car get repossessed, and witness his wife leaving him. But that wasn’t all. The ten-year office lease for his brokerage was still due, and the owners shackled him with seven hundred thousand dollars of debt. Brent hit rock bottom as his reputation lay ruined, forced to stay with friends to survive. He slowly got back into real estate, making a few hundred dollars here and there. But then, one day, Brent stumbled upon an assignment fee. He watched one of his friends walk away with a five-figure check simply for flipping a contract to an investor. Thus, the wholesaling fire was sparked, and Brent gave up his dreams of becoming a top agent or real estate investor. He hit the phones, finding as many motivated sellers as possible. From there, Brent shares how he built a business that does over a million dollars a year with just four team members, why he doesn’t invest heavily in real estate, and the exact script he uses to get hefty wholesale fees from motivated sellers. Now, with a net worth of over eight million dollars, Brent has proven that no comeback is impossible and that the best foundation for success is rock bottom. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Grab Some BiggerPockets Merch: https://bit.ly/biggerpocketsswag ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/match?utm_source=owned_media ~~~~ Grab Your Copy of “Rich Dad Poor Dad”: https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ The Newbie’s Guide to Wholesaling in 7 Simple Steps: https://www.biggerpockets.com/blog/newbie-guide-to-wholesaling?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ 5 Cold Calling Techniques That Really Work: https://www.biggerpockets.com/blog/cold-calling-techniques-that-really-work?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ 3 Types of Motivated Sellers (& How to Win Deals By Solving Their Problems!): https://www.biggerpockets.com/blog/real-estate-motivated-sellers-investors-solving-problems?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ How to Stop Worrying and Start Living: https://www.amazon.com/How-Stop-Worrying-Start-Living/dp/0671733354 ~~~~ Connect with Brent: Instagram: @realbrentdaniels or https://www.instagram.com/realbrentdaniels/ Website: https://www.wholesalinginc.com/ YouTube: https://www.youtube.com/@BrentDanielsRealEstateCoach ~~~~ Connect with David and Henry on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David, Henry, and BiggerPockets on Instagram: David: @davidgreene24 or https://www.instagram.com/davidgreene24/ Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Episode 731 Show notes at: https://www.biggerpockets.com/blog/real-estate-731?utm_source=youtube&utm_medium=description&utm_campaign=none #biggerpockets #realestatepodcast 00:00 Intro 02:34 Quick Tip 03:22 Getting Into Real Estate and Losing Everything 10:17 In Debt, Divorced, and Out of Money 14:27 Slowly Rebuilding 18:39 The Secret to Talking to Motivated Sellers 29:02 Scaling to Millions in 3 Years 32:39 Building Back to Seven-Figure Wealth 38:23 Don't Let the Deal Die 52:06 Connect with Brent!