David sits down with Andrey Sokurec to break down exactly how house flippers can sell their business, cash out, and still keep building wealth.
Most house flippers shut down their business when they burn out or move on — but what if you could sell it instead? In this episode, David talks with Andrey Sokurec, CEO of Homestead Road, who’s on a mission to buy top flipping businesses and turn operators into millionaires. They dive into what makes a business sellable, how to structure your exit, and why so many investors leave life-changing money on the table. If you’ve ever wondered what the endgame looks like in real estate, this is your roadmap.
KEY TALKING POINTS:
0:00 - Intro
0:26 - Andrey Sokurec’s Background
3:39 - The Type Of Businesses That Andrey Sokurec Is Looking For
9:32 - Having Systems Across Multiple Businesses
13:36 - Creative Pay Structure For Executives
17:58 - Auditing A House Flipping Business’ Financials
19:10 - Are House Flipping Businesses Worth More Than Wholesale Businesses?
22:54 - What Homestead Road Does
26:38 - What He’s Learned From “Mike The Billionaire”
27:39 - His Training Product That He’s Building
30:17 - Where To Find Andrey On Social Media
30:32 - What Makes Him Want To Have A Billion Dollar Company
33:05 - Andrey’s Final Tips
36:27 - What He Hopes To Learn From CG
37:09 - Outro
LINKS:
Instagram: Andrey Sokurec
https://www.instagram.com/officialandreysokurec/
Website: Homestead Road
https://www.homesteadroad.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/