The DealMachine Real Estate Investing Podcast

564: 150 Wholesale Deals A Year (Plus 40 New Builds)

Episode Summary

Zachary Betters left a career in medicine to build a wholesaling and new construction business doing 150 deals a year with a team of 26.

Episode Notes

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Zachary Betters is a former physician assistant who now runs a 150-deal-a-year wholesaling operation out of Charlotte, plus a new construction division that's built as many as 100 houses in a single year. He started with one live-in flip he learned to remodel using a book from Home Depot, then built up rentals, fix and flips, and eventually a full wholesale system with a 26-person team. In this episode, he walks through how he found private money lenders through everyday conversations with people outside the industry, and how the business model shifts between wholesaling, flipping, and building based on what the market is doing.

 

KEY TALKING POINTS:

0:00 - Intro & Business Overview

1:13 - The First Live-In Flip

3:38 - Medical Career & First Rentals

6:57 - Pivot to Flipping & First Hires

8:08 - Discovering Wholesaling

10:05 - Getting Back Into Flipping

11:21 - New Construction & Private Money

14:23 - Leaving the Medical Job

16:54 - Building a Team & Acquisitions Role

20:24 - Market Rules & Legislation

25:45 - How They Find Deals Today

29:19 - Kids & Why Real Estate

32:44 - Biggest Challenge & The Partnership

39:59 - Where to Find Him & Final Advice

41:56 - Outro



LINKS:

Instagram: Zachary Betters

https://www.instagram.com/zbetters01/

 

Website: Better Path Homes

https://www.choosebetterpath.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/