The DealMachine Real Estate Investing Podcast

139: 7 Day Challenge To Make $10,000

Episode Summary

If you're wondering how to get into real estate investing, this episode breaks down how to get your first wholesale deal in 7 days. Wholesaling is a popular way to start because you get paid for finding a run down house, without needing the money for a down payment. We're bringing this back from our 2023 catalog since you liked last week's episode so much which was also a great episode from last year on handling seller objections and overcoming fear. Key Talking Points of the Episode 00:00 Introduction 01:51 What is the importance of your first deal? 04:07 Why is real estate a better investment for retirement? 07:04 What are the 2 most important things you need to do to start wholesaling? 09:14 What should you look for in distressed properties? 10:25 Why is it important to find as many properties as you can? 12:14 How can you find more deals by including owner-occupied properties to your list? 13:38 Where should you start looking for distressed properties? 14:07 What should you say when you get in touch with the property owner? 15:08 What are the benefits of getting started with wholesaling today? 16:04 How can you move forward once you find a deal? Links Instagram: David Lecko https://www.instagram.com/dlecko/

Episode Notes

If you're wondering how to get into real estate investing, this episode breaks down how to get your first wholesale deal in 7 days.

 

Wholesaling is a popular way to start because you get paid for finding a run down house, without needing the money for a down payment.

 

We're bringing this back from our 2023 catalog since you liked last week's episode so much which was also a great episode from last year on handling seller objections and overcoming fear.

 

Key Talking Points of the Episode

 

00:00 Introduction

01:51 What is the importance of your first deal?

04:07 Why is real estate a better investment for retirement?

07:04 What are the 2 most important things you need to do to start wholesaling?

09:14 What should you look for in distressed properties?

10:25 Why is it important to find as many properties as you can?

12:14 How can you find more deals by including owner-occupied properties to your list?

13:38 Where should you start looking for distressed properties?

14:07 What should you say when you get in touch with the property owner?

15:08 What are the benefits of getting started with wholesaling today?

16:04 How can you move forward once you find a deal?

 

Links

 

Instagram: David Lecko

https://www.instagram.com/dlecko/