075: Make $10k-24k from Certain Down Houses with David Lecko

What this episode covers

Do you want to build a side-hustle wholesaling real estate to earn your first $100k this year? Let us walk you through what types of houses could be a great first deal in this episode. We'll cover the types of houses, what they look like, where they are, what info to collect, and what type of finders fee you can expect to make, depending on the value of the house. If you’re frustrated by your job, building your side hustle will give you the freedom to quit. There's not a more proven way than wholesaling real estate. Key Talking Points of the Episode 00:00 Introduction 01:03 What was my thought process in looking for rental properties? 04:50 How did I learn how to drive for dollars to find my first real estate deal? 06:15 What condition was my first real estate deal in? 08:24 How did I come up with my offer for this property? 10:26 How can you make a $10K assignment fee on a wholesale deal? 11:51 What kind of properties should you be looking for to wholesale? 13:09 What are the signs that will tell you that a property is in distress or disrepair? 15:56 What kinds of markets are the most ideal to look at for wholesale deals? 18:48 What information should you be collecting when driving for dollars? 20:39 How can these guidelines help you make a $10K assignment fee? Links Free Trial: Deal Machine App https://www.dealmachine.com/pod David's Social: @dlecko https://www.dealmachine.com/pod