David made $150k in his first year of wholesaling real estate. He is now in year three so we asked him how he was so successful in his first year, and how he's able to keep earning more in the years to follow.

Key Talking Points of the Episode

00:00 Introduction

02:01 How did David get into wholesaling real estate?

03:38 Why is David more focused on the acquisition side of wholesaling?

06:03 Where does David and his partner find their leads?

08:06 How do David’s conversations with sellers go?

09:38 What are David’s appointments with sellers like?

11:41 How did David start building his buyers list?

13:33 How many deals has David done through the years?

14:24 How has wholesaling helped David have more time for music?

16:06 How does David manage his wholesaling business?

18:01 How did David learn about the AI Dialer in Deal Machine?

19:15 How much time does David and his team spend cold calling?

20:11 Where does David make his calls from?

21:21 How has the AI Dialer helped David get more appointments?

22:58 How can you get connected with David?

Links

TikTok: David Modesto

https://www.tiktok.com/@sonoftheshepherd

Instagram: David Lecko

https://www.instagram.com/dlecko

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Deal Machine

https://www.dealmachine.com/pod

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Devin Robinson shares his journey in real estate wholesaling, starting with his first wholesale deal and working with hedge funds. He discusses the importance of building systems and processes, as well as finding truly motivated sellers. Devin emphasizes the value of providing solutions beyond buying the house, such as helping sellers in foreclosure navigate their options. He also highlights the significance of personalized outreach, including sending video messages to potential sellers. Devin concludes by discussing the current state of REO deals and sharing his insights on other types of leads.

Key Talking Points of the Episode

00:00 Introduction

01:03 How did Devin find his first wholesale deal?

03:15 Why did Devin stop selling deals to hedge funds?

04:09 How did being part of a mastermind help Devin learn about wholesaling?

05:32 What are the hedge funds doing in today’s market?

07:46 What markets is The Amherst Group buying in?

08:34 How did Devin rebuild his business after learning about wholesaling?

09:24 What kind of deals is Devin focused on today?

12:21 What kind of support does Devin provide for the sellers they work with?

15:10 How does Devin approach leads in preforeclosure?

18:30 How does the non-judicial foreclosure process work?

20:41 What are the different ways Devin helps sellers restructure their loans?

23:28 What is happening with REO deals today?

25:25 What other types of deals is Devin getting involved with today?

27:50 How can you follow Devin’s real estate journey?

Links

Free Trial: Deal Machine App

https://www.dealmachine.com/pod

Instagram: Devin Robinson

https://www.instagram.com/devin.robinson1/

Facebook Group: Real Life REI

https://www.realliferei.com

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.