335: $80,000 First Wholesale Deal

Fayez Jangda didn’t find his first deal the traditional way—and that’s what makes this story so powerful. Instead of chasing distressed properties, he found a distressed wholesaler with a contract they couldn’t move. What happened next? A joint venture that netted Fayez $80,000 and launched his investing career. In this episode, he shares the unconventional approach he took, how he scaled from one deal to doing a deal a day, and why novations became a major part of his strategy.

KEY TALKING POINTS:

0:00 - Intro

0:52 - An Overview of Fayez Jangda’s Business

2:28 - Making $80k On His First Deal

7:46 - How He Approached Wholesaling Like A Commercial Project

12:06 - Why He Started Wholesaling In The First Place

16:02 - Experiencing Struggles As An Entrepreneur

17:10 - Finding His Next Deal

19:36 - How Novations Grew To Be A Big Part Of His Business

25:19 - Do You Have To Be An Agent To Do Novations?

26:51 - What Novations Allow You To Do As An Investor

29:12 - What He’s Looking Forward To Most In 2025

30:47 - The Hard To Get Data That Fayez Is Looking For

38:38 - Outro

LINKS:

Instagram: Fayez Jangda

https://www.instagram.com/tecknofj/

Website: Fayez Jangda

https://winwinhomes.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/