Max Vollmer dives into how he went from wholesaling vacant land with no experience to building a $147 million real estate development business with a team of 25.
Max Vollmer shares his journey from starting with no experience, connections, or money to building a successful real estate development business. He started by wholesaling vacant land and quickly made $25,000 on his first deal. Over time, he transitioned into fix and flips and eventually focused on new construction. He now has $147 million worth of homes under construction and has built a team of 25 employees. Max emphasizes the importance of finding the right location and being specific in what you buy. He also discusses the challenges and rewards of transitioning from wholesaling to development.
KEY TALKING POINTS:
0:00 - Introduction
1:15 - Making $25,000 On His First Wholesale Deal
4:46 - Juggling School While Starting In Wholesaling
6:25 - How He Found His First Deal & How He Marketed It
7:31 - Why He Stopped Wholesaling
10:28 - Switching Over to Building New Construction & His Strategy
14:24 - Is New Construction More Involved Than Flipping?
18:16 - How Long It Took Him To Get Here & Cash Conversion Cycle
23:17 - What A Day In The Life Looks Like For Max
24:59 - How to Find Max On Socials
25:17 - Outro
LINKS:
Instagram: Max Vollmer
https://www.instagram.com/max_vollmer
Website: Vollmer Coaching
https://www.vollmercoaching.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/