The DealMachine Real Estate Investing Podcast

498: 2 Deals A Month At Age 17—Why He Chose Foreclosures

Episode Summary

A 17-year-old investor shares how mastering one niche—foreclosures—helped him consistently close deals while others chase everything.

Episode Notes

A lot of wholesalers try to market to everything at once and end up mastering nothing. Porter Krumpe is 17 years old and already generating one to two deals a month by focusing on one niche: foreclosures. In this episode, David sits down with Porter to break down why he chose that lane, how he works inside tight auction timelines, how he structures holdbacks to solve real seller problems, and what he’s learned from leaving money on the table early on. If you’re already doing deals but feel scattered, this conversation is a reminder that focus might be the real advantage.

 

KEY TALKING POINTS:

0:00 - Intro

0:46 - Porter Krumpe’s Business

3:41 - Why He Door-Knocks

5:03 - Why He Started Wholesaling

9:05 - Being An Entrepreneur At A Young Age

12:35 - Why Wholesaling Was Better Than Window Cleaning

14:03 - Starting With Foreclosures & Using Holdbacks

22:08 - Focusing On One Marketing Method

23:50 - Leaving Money On The Table & His Goals

27:04 - His Postcard Business

31:23 - Talking With Sellers In Foreclosure

36:45 - Recent Deals & Racing

42:02 - Where To Find Porter

42:27 - Outro

 

LINKS:

Instagram: Porter Krumpe

https://www.instagram.com/krumpeporter

 

Facebook: Porter Krumpe

https://www.facebook.com/porter.krumpe.489098

 

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/