Fayez Jangda made $80,000 on his first wholesale deal by helping a stuck wholesaler move a deal no one else could sell.
Fayez Jangda didn’t find his first deal the traditional way—and that’s what makes this story so powerful. Instead of chasing distressed properties, he found a distressed wholesaler with a contract they couldn’t move. What happened next? A joint venture that netted Fayez $80,000 and launched his investing career. In this episode, he shares the unconventional approach he took, how he scaled from one deal to doing a deal a day, and why novations became a major part of his strategy.
KEY TALKING POINTS:
0:00 - Intro
0:52 - An Overview of Fayez Jangda’s Business
2:28 - Making $80k On His First Deal
7:46 - How He Approached Wholesaling Like A Commercial Project
12:06 - Why He Started Wholesaling In The First Place
16:02 - Experiencing Struggles As An Entrepreneur
17:10 - Finding His Next Deal
19:36 - How Novations Grew To Be A Big Part Of His Business
25:19 - Do You Have To Be An Agent To Do Novations?
26:51 - What Novations Allow You To Do As An Investor
29:12 - What He’s Looking Forward To Most In 2025
30:47 - The Hard To Get Data That Fayez Is Looking For
38:38 - Outro
LINKS:
Instagram: Fayez Jangda
https://www.instagram.com/tecknofj/
Website: Fayez Jangda
https://winwinhomes.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/