Rick and Chris discussed their experiences in real estate investing, with Chris sharing his journey from reading Rich Dad, Poor Dad to starting a virtual wholesaling business. Chris and his wife, Heather, started wholesaling 12 years ago and have since done over 600 deals, generating over seven figures in a single year. Chris emphasized the importance of taking action after attending events like the Rich Dad event, which inspired him to start his real estate journey. He also explained the concept of wholesaling, which involves identifying undervalued properties, making an offer, and then assigning the contract to a buyer, making a profit from the difference in price. Chris also addressed the common concern about needing a real estate license to engage in wholesaling, stating that it is not necessary for this type of business.
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