The DealMachine Real Estate Investing Podcast

465: 25 Deals From Door-Knocking Pre-Foreclosures At Age 23

Episode Summary

A 23-year-old investor explains how he closed 25 pre-foreclosure deals using door-knocking to reach sellers before anyone else.

Episode Notes

In this episode, David and Ryan talk with 23-year-old investor Peter Lymberopoulos, who’s already closed 25 pre-foreclosure deals using door-knocking as his main marketing strategy. Peter breaks down how he finds these leads, how he builds trust with sellers who are days away from auction, and how consistent outreach turned into life-changing deals, including one that started with a $3 McGriddle and became a $45k assignment. If you want a simple, low-cost system to generate high-margin deals without paid marketing, this episode gives you the exact approach that’s working right now.

 

KEY TALKING POINTS:

0:00 - Intro

0:40 - Peter Lymberopoulos’ Journey In Real Estate

1:52 - How He Found Wholesaling & His First Deal

7:41 - How Many Deals They’ve Done

8:30 - Making Offers On Preforeclosures

10:52 - The Dallas-Fort Worth Market & His Team Members

16:36 - What He’s Going To Do Next

18:04 - Having A Business At A Young Age

19:48 - Closing Thoughts

20:22 - Outro

 

LINKS:

Instagram: Peter Lymberopoulos

https://www.instagram.com/peterlymbo.rei

 

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/