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152: He Made $72,000 Wholesaling A House

The DealMachine Real Estate Investing Podcast
The DealMachine Real Estate Investing Podcast
Episode • May 20, 2024 • 16m

If you want more income and time freedom, our guest demonstrates the potential of wholesaling real estate with a total of 500 deals in 8 years, while moving to a new city every year to support his wife's military career.

 

Key Talking Points of the Episode

 

00:00 Introduction

01:06 How did Derek find his first wholesale deal?

02:55 What made Derek decide to get involved in real estate?

04:07 Why is Derek only focused on wholesaling in one market?

05:13 How has Derek wholesaled properties through the years?

06:00 What was Derek’s smallest assignment fee ever?

08:32 How has wholesaling changed over the last 8 years?

09:28 Why shouldn’t you build a business around free leads?

10:13 What are the best ways to find off market deals?

11:34 What are the lists that Derek sends marketing to?

12:11 How does Deal Machine help cut costs in skip tracing?

15:04 How can you get in touch with Derek?

 

Links

 

Youtube: Real Estate Dad

https://www.youtube.com/@TheRealRealEstateDad/