If you want financial freedom, you may have heard several options like selling solar panels, trucking, selling amazon items, starting a pottery company. Mike shares his experience and insights on starting a wholesaling business in real estate. He discusses his motivation for getting into wholesaling, the challenges he faced as a young entrepreneur, and the benefits of the real estate industry. Mike emphasizes the importance of staying focused, building a team, and balancing investments with enjoying life. He also highlights the advantages of real estate as an appreciating asset and a source of passive income. Mike concludes by sharing his social media handle and expressing his appreciation for the value provided by Deal Machine. Takeaways • Wholesaling in real estate is an attractive business model with low overhead and the potential for high profits. • Staying focused and building a team are key to success in wholesaling. • Real estate is a conservative and appreciating asset that offers multiple benefits, including cash flow, appreciation, leverage, and tax advantages. • Balancing investments with enjoying life is important for long-term happiness and fulfillment. • Deal Machine is a valuable software for real estate investors, providing efficient lead generation and skip tracing. Chapters 00:00 Starting a Wholesaling Business in Real Estate 03:19 Challenges and Motivation as a Young Entrepreneur 08:36 The Benefits of the Real Estate Industry 13:45 Balancing Investments and Enjoying Life 15:18 The Advantages of Real Estate as an Appreciating Asset David's Social: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/
If you want financial freedom, you may have heard several options like selling solar panels, trucking, selling amazon items, starting a pottery company.
Mike shares his experience and insights on starting a wholesaling business in real estate. He discusses his motivation for getting into wholesaling, the challenges he faced as a young entrepreneur, and the benefits of the real estate industry. Mike emphasizes the importance of staying focused, building a team, and balancing investments with enjoying life. He also highlights the advantages of real estate as an appreciating asset and a source of passive income. Mike concludes by sharing his social media handle and expressing his appreciation for the value provided by Deal Machine.
Takeaways
• Wholesaling in real estate is an attractive business model with low overhead and the potential for high profits.
• Staying focused and building a team are key to success in wholesaling.
• Real estate is a conservative and appreciating asset that offers multiple benefits, including cash flow, appreciation, leverage, and tax advantages.
• Balancing investments with enjoying life is important for long-term happiness and fulfillment.
• Deal Machine is a valuable software for real estate investors, providing efficient lead generation and skip tracing.
Chapters
00:00 Starting a Wholesaling Business in Real Estate
03:19 Challenges and Motivation as a Young Entrepreneur
08:36 The Benefits of the Real Estate Industry
13:45 Balancing Investments and Enjoying Life
15:18 The Advantages of Real Estate as an Appreciating Asset
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/