Vaughn turned his first $30K deal into a $1.3 million year—listen in to hear how he made it happen and the lessons he learned along the way.
In this episode, we dive into Vaughn’s inspiring journey from his first real estate deal that netted him $30K to building a successful business generating over $1.3 million in his first year. Vaughn shares how he started with little cash, pivoted to overcome industry regulations, and used creative strategies to thrive in a competitive market.
KEY TALKING POINTS:
0:00 - Introduction
1:07 - Vaughn Bethell’s First Real Estate Deal for $30k
5:34 - How He Negotiated The Price Down With The Seller
7:08 - Why He Chose Wholesaling As A Business
8:46 - Why He Decided To Use Driving For Dollars To Generate Leads
9:46 - How Many Leads He Added Before Getting His First Deal
11:27 - Getting Around The Wholesaling Regulation in South Carolina
13:04 - Is Wholesaling Still Possible In South Carolina?
14:40 - How Much Vaughn’s JV Partners Make
15:51 - How Long It Took Him To Get To 7 Figures
17:17 - Getting to $1.3 Million In His First Year
18:41 - Lessons Learned From His Previous Business Experience
21:53 - Where His Business Is At Today
23:32 - The Markets That His Team Is Currently Focusing On
24:23 - Closing Thoughts For Newbies Trying To Find Their First Deal
25:17 - Outro
LINKS:
Instagram: Vaughn Bethell
https://www.instagram.com/vbethell
Links: Vaughn Bethell
https://linktr.ee/vbethell
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/