The DealMachine Real Estate Investing Podcast

475: From Homeless At 19—To Flipping $2M Homes

Episode Summary

Brian Pate explains how going from homeless at 19 to flipping $2M homes forced him to master wholesaling, systems, and leadership.

Episode Notes

Brian Pate of Destiny Homebuyers was homeless at 19, sleeping in his car and working multiple jobs just to get by. Today, he’s wholesaling at scale and flipping homes with resale prices up to $2 million across multiple markets. In this episode, Brian shares how his first $100k wholesale deal changed his trajectory, how he built a team to handle day-to-day operations, and why he chose to move into high-end flips despite the added risk. He also breaks down key lessons from costly mistakes, bad contractors, and what it actually takes to scale a real estate business.

 

KEY TALKING POINTS:

0:00 - Intro

1:05 - An Overview Of Brian Pate's Business

3:21 - His First Deal

7:25 - His Next Deal After Making $100K

11:36 - Getting Deals From Brokers & Using DealMachine

14:15 - Why He Decided To Partner Up

15:39 - Lessons He Learned & His Buy Box

20:09 - His Wholesaling Team & Bad Flips

23:53 - Contracts With GCs

26:15 - His Biggest Lessons From CG

29:31 - Egyptian Cold Callers & Investing Out Of State

32:58 - Where He Found His Contractors

34:15 - Being Homeless At 19

40:53 - Books He’s Reading & Who He’s Learned From

44:13 - Closing Thoughts

45:04 - Outro

 

LINKS:

Instagram: Brian Pate

https://www.instagram.com/paradigmpate/

 

Links: Brian Pate

linktr.ee/brianpate

 

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/