341: How Michael Made $50k on His First Wholesale Deal

Michael Foley joins Ryan to share how he built a cold-calling system using virtual assistants—and landed $50,000 on his very first wholesale deal. He breaks down how to qualify leads, decide between wholesaling or retail, and even how he gets attorneys on board in a tough New York market.

KEY TALKING POINTS:

0:00 - Intro

0:14 - Michael Foley's Real Estate Business

1:03 - How He Started Wholesaling & Using VAs For Cold Calling

5:04 - His First Wholesale Deal

6:27 - Wholesaling In New York

8:10 - Why He Added Wholesaling To His Business

10:27 - Results From Using VAs & How He Approaches Appointments

14:11 - Advice For Aspiring Real Estate Investors

15:25 - How To Get In Touch With Michael

16:01 - Outro

LINKS:

Instagram: Michael Foley

https://www.instagram.com/_mike_foley_

Website: Michael Foley

https://www.frontline-realty.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/