The DealMachine Real Estate Investing Podcast

540: $23K On His First Real Estate Deal (Here's What Worked)

Episode Summary

Tim Warner documents his years-long journey to his first wholesale deal, a $23,000 assignment fee in Eugene, Oregon, and breaks down every step from finding the lead to navigating a double close.

Episode Notes

Tim Warner first appeared on the DealMachine Podcast as Timmy Triumphs, documenting his journey to his first wholesale deal on Instagram. Now he is back with a $23,000 assignment fee and the full story of how he got there. In this episode, Tim breaks down how he found the lead, how the deal almost fell apart the next day, and how four months of follow-up brought it back to life.

 

KEY TALKING POINTS:

0:00 - Intro

0:28 - Tim Warner's Real Estate Journey

3:48 - His First Deal

15:40 - Follow-Up & The Numbers

21:33 - Finding A Buyer & Double Closing

26:29 - What He Learned

31:55 - What He's Going To Do Next

33:38 - Switching Markets & Posting On IG

35:44 - Deceased Data

37:39 - Outro

 

LINKS:

Instagram: Tim Warner

https://www.instagram.com/timmytriumphs

 

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/