085: Making Your First $13,000 Wholesaling Real Estate with CJ Hibbitts

Do you feel like you're worth more than you're making at your job?

CJ Hibbitts just side hustled his way to $13,000 from finding a run down house.

He says this was the most dollar per time spent of anything he's ever done before.

Listen to hear how wholesaling real estate allowed CJ to make $13,000

Key Talking Points of the Episode

00:00 Introduction

01:10 How did CJ get into wholesaling?

02:47 How did CJ find a deal from sending postcards?

05:10 What was CJ’s motivation to get into real estate investing?

06:37 How can you find leads by driving for dollars with Deal Machine?

08:52 What signs of distress should you look out for when driving for dollars?

10:07 How did CJ’s first visit to the house go?

11:54 What issues came up when CJ visited the property?

14:28 How did CJ come up with his offer for the property?

16:39 How can having a mentor help you overcome analysis paralysis?

17:49 What factors should you consider when calculating ARV?

19:20 How did CJ calculate the ARV for his first deal?

20:19 How did CJ present his offer to the seller?

24:12 Why is it important to build a buyers list before finding your deals?

David's Social: @dlecko

https://www.dealmachine.com/pod

Ryan's Social: @heritage_home_investments

https://www.heritagehomeinvestments.com/

Links

Instagram: CJ Hibbits

https://www.instagram.com/cjhibbitts/

Podcast: 071: How To Analyze A Real Estate Deal with David Lecko

https://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727