Wyatt Reed shares his experience with wholesaling real estate and how he made $1,900 on his first wholesale deal. He explains how he found the deal through a coworker and the challenges of dealing with a hoarder house. Wyatt also discusses his transition from wholesaling to buying and holding properties, as well as his foray into seller financing. He emphasizes the importance of taking action and finding leads in order to be successful in real estate investing.

KEY TALKING POINTS:

0:00 - Introduction

1:31 - Breaking Down Wyatt’s First Wholesale Deal

6:45 - How Wyatt Spent His First Assignment Fee

7:48 - What Wyatt Did Next

9:00 - How He Explains Wholesaling to Sellers

10:04 - Dealing With Sellers That Are Put Off By Wholesaling

11:16 - How Many Wholesale Deals Wyatt Has Done & His Perspective On It

14:44 - What Wyatt Was Doing Before Real Estate

15:29 - What His Life Is Like As An Investor

16:14 - His Advice for People Looking to Get Their First Deal

17:23 - Where to Find Wyatt & Defining Seller Finance

19:17 - Outro

LINKS:

Instagram: Wyatt Reed

https://www.instagram.com/wyatt_c_reed/

Website: Wyatt Reed

https://ascendyoursuccess.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

A guy on Instagram documented his journey in wholesaling real estate for 85 days. He faced challenges in finding deals and making connections. The hosts, David and Ryan, provided feedback and suggestions for improvement. They discussed the importance of driving for dollars to find distressed properties, the need for a targeted lead list, and the value of in-person appointments. They also finished the episode with a 9 day plan you can follow to get your first deal.

KEY TALKING POINTS:

0:00 - Introduction

1:07 - Breaking Down Day 85

5:46 - Tim’s Day 1 & Day 2 Videos

8:27 - Tim’s Day 3 Video

10:31 - Analyzing A Few More of Tim’s Videos

14:26 - David & Ryan’s Thoughts on Tim’s Process So Far

15:26 - The First 9 Days of Your Wholesaling Journey

16:34 - Outro

LINKS

Check Out Tim's Journey on Instagram:

https://www.instagram.com/TimmyTriumphs

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Kyle Eisenbarger shares five important marketing tips for getting your first wholesale deal. The first tip is consistency, emphasizing the need to always be marketing, even during slow periods. The second tip is commitment, understanding that marketing has cash conversion cycles and being willing to stick with it for the necessary amount of time. The third tip is to stay in your lane and focus on one marketing channel until you reach a certain level of success. The fourth tip is to know your numbers and make data-driven decisions. The fifth tip is to go with the flow and be adaptable to changes in the market and marketing strategies. A bonus tip is to start now and perfect later, emphasizing the importance of taking action and learning as you go.

KEY TALKING POINTS:

0:00 - Introduction

2:00 - Tip #1: Consistency

7:02 - Tip #2: Commitment

12:00 - Tip #3: Stay In Your Lane

16:15 - TIp #4: Know Your Numbers

22:29 - Tip #5: Go With The Flow

24:09 - Bonus Tip: Start Now, Perfect Later

26:13 - Closing Thoughts & How to Find Kyle

LINKS

Instagram: Kyle Eisenbarger

https://www.instagram.com/keisenb/

Website: Sunflower Real Estate

https://www.sunflowerhomebuyers.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Brandon Schlichter, founder of InvestmentJoy, breaks down the techniques he uses to secure hard money and seller financing for real estate deals with minimal cash out of pocket. He shares practical strategies for finding and leveraging alternative financing options to maximize your purchasing power, whether you're just getting started or looking to scale your portfolio. Brandon also dives into the importance of building relationships with lenders and how persistence can help you close deals even when you're working with limited funds, offering valuable insights for both new and experienced investors.

KEY TALKING POINTS OF THE EPISODE

0:00 - Introduction

1:06 - A Call Brandon Received From A Frustrated Investor

3:19 - Breaking Down His Laundromat Deal & His Sales Process

7:04 - How Seller Financing Can Work In Your Favor

9:09 - An Example of Utilizing Hard Money

11:22 - How to Find Hard Money Lenders Using DealMachine's Data

14:25 - Closing Thoughts

LINKS

Instagram: InvestmentJoy

https://www.instagram.com/InvestmentJoy

Website: InvestmentJoy

https://www.investmentjoy.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Darryl shares his experience with his first real estate deal, which was a single-family home he wholesaled in North Carolina. He found the deal on Craigslist and locked it up at a price that would have made him $5,000, but ended up renegotiating and making only $500. Despite the small profit, this deal proved to be a proof of concept for Darryl. He quit his job in cable and got into real estate to create a better life for himself. He eventually ventured into seller financing deals and built a portfolio of properties. Darryl emphasizes the importance of nurturing relationships with potential future business and the value of follow-ups in wholesaling. He also discusses the average assignment fees in his market and the marketing strategies he uses to find deals.

KEY TALKING POINTS OF THE EPISODE

0:00 - Darryl's First Wholesale Deal

1:53 - What He Was Doing Before Real Estate

2:33 - What Led Darryl to Trying Real Estate

3:49 - What He Did After Getting His First Deal

4:30 - His Seller Financing Deal

7:14 - His Primary Method of Investing Now

7:56 - A Word of Advice for New Wholesalers

9:29 - Tips on Setting A Schedule for Yourself

11:00 - The Wholesale Deals Darryl Does

12:13 - How Much Marketing to Get A Deal?

14:08 - Darryl's Business Structure

14:38 - How to Find Darryl & Closing Thoughts

LINKS

Instagram: Darryl

https://www.instagram.com/spanknnewrealestate

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Giovanny explains how he was motivated to start wholesaling after seeing success stories on social media and wanting a change in his life. Giovanny discusses the initial steps he took, the costs involved in wholesaling, and his decision to work with a mentor. He also talks about his approach to finding distressed properties and the importance of perseverance in the wholesaling business.

KEY TALKING POINTS OF THE EPISODE

0:00 - Introduction

0:41 - Why Giovanny Started Wholesaling

1:49 - The First Steps He Took When Getting Started

2:44 - His Initial Investments Into His Business

3:38 - His Experience With Zack Boothe's Mentorship Program

5:31 - What Giovanny Looks For When Driving for Dollars

6:20 - Are Most People Successful Following The Steps to Wholesaling?

6:50 - Why Most New Wholesalers Fail & Quit

8:18 - An Early Lesson David Learned in Real Estate

10:10 - How Many Properties He's Added & His Marketing Approach

11:29 - How Giovanny's Family Feels About Him Starting Real Estate

12:58 - Working With The AI Features in DealMachine's Dialer

14:47 - Scrubbing Out "Not Interested" or "Bad Contact" Numbers

16:42 - Closing Thoughts & How to Find Giovanny

LINKS

Instagram: Giovanny Escalona

https://www.instagram.com/smartflips_giohomebuyers

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Tommy Harr shares his journey into wholesaling and how he built a successful wholesaling company. He discusses his marketing strategies, including cold calling and niche texting. Tommy emphasizes the importance of building rapport with sellers and understanding their motivations. He also provides tips for successful sales calls and negotiations. Tommy talks about the growth of his business and his focus on mentoring and coaching new investors.

KEY TALKING POINTS OF THE EPISODE

0:00 - Introduction

1:28 - Tommy's Journey in Real Estate

3:13 - Where His Business Is Today

3:52 - Tommy's First Wholesale Deal

5:39 - Their Current Marketing Methods

6:12 - Tommy's Approach to Cold Calling

9:20 - Building Rapport When Going On Appointments

12:19 - Focusing On The Seller, Not The House

14:45 - Tommy's Tips From Sales Training

15:48 - When The Seller's Pushing You To Give A Price

17:02 - Where Tommy Plans To Take His Business

18:22 - Tommy's Mentorship & Coaching Program

19:05 - Where to Find Tommy & Closing Thoughts

LINKS

Instagram: Tommy Harr

https://www.instagram.com/tommyharr05

Website: Real Side Real Estate

https://realsidecommunity.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

In this episode, Dedric and Krystal Polite, hosts of the HGTV show 50/50 Flip, dive into the power of seller financing, revealing how you can offer sellers more than their asking price while securing favorable terms for yourself. Learn their techniques for structuring dual offers, negotiating with confidence, and using creative financing to close more deals in today's competitive market.

Dedric and Krystal Polite are a dynamic husband-and-wife team and co-founders of Be Polite Properties, a real estate investment company. They specialize in creative financing, wholesaling, and property management, with a focus on revitalizing communities and building generational wealth. Their expertise and passion for real estate have also led them to mentor and coach new investors, helping them navigate the complexities of the industry and achieve success​

KEY TALKING POINTS OF THE EPISODE

0:00 - Introduction

0:32 - The Challenge & Opportunity In The Market for Investors Right Now

2:34 - What Happens to 99% of Cash Offers?

3:44 - How/Why Dedric & Krystal Make Two Offers On Every House

6:21 - Defining Seller Financing & What The Offer Looks Like

8:36 - The Buyer Benefits of Seller Financing

9:56 - The Rules for Seller Financing Offers

11:29 - Can You Wholesale A Seller Financing Deal?

12:02 - Tips on Structuring A Seller Financing Deal

15:24 - Outro

LINKS

Instagram: bepoliteproperties

https://www.instagram.com/bepoliteproperties

Website: Be Polite Properties

https://politeproperties.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/