• 177: Average $40,000 From 2 Deals Per Month

  • Jul 17 2024
  • Duración: 27 m
  • Podcast

177: Average $40,000 From 2 Deals Per Month  Por  arte de portada

177: Average $40,000 From 2 Deals Per Month

  • Resumen

  • In this episode, we chat with Beth and CJ Moss, a dynamic real estate duo who have successfully transitioned from investing in multifamily units to mastering the art of wholesaling. They share their journey from their initial investments in Providence, Rhode Island, to leveraging the power of the Deal Machine app, which has significantly boosted their business. Now closing two deals per month with an average profit of $20,000 per deal, Beth and CJ provide valuable insights into their strategies, the importance of volume in lead generation, and the role of persistence in their success. They also recount their unique story of meeting in Kuwait and how their diverse backgrounds have contributed to their thriving real estate business.

    Timeline Summary:

    [0:24] - Beth and CJ discuss their start in real estate investing in 2017 with multifamily units in Providence.

    [1:25] - Transitioning to wholesaling due to a lack of capital, and discovering the Deal Machine app.

    [2:05] - Achieving consistent profits averaging $20,000 per deal with Deal Machine.

    [3:33] - Their strategy of adding 700 properties a week to Deal Machine.

    [4:30] - Their unique meeting story in Kuwait and transitioning back to the U.S.

    [9:25] - Overcoming initial challenges and staying persistent until they closed their first deal.

    [12:39] - A notable success story involving a property near a newly built casino.

    Links & Resources:

    Deal Machine App: www.dealmachine.com

    Bigger Pockets Blog: www.biggerpockets.com

    Closing Remarks:

    Thank you for tuning in! If you enjoyed this episode, please rate, follow, share, and review the podcast. Stay tuned for more incredible stories and actionable insights on achieving financial freedom through real estate investing.

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