085: Making Your First $13,000 Wholesaling Real Estate with CJ Hibbitts episode artwork

EPISODE · Dec 15, 2023 · 26 MIN

085: Making Your First $13,000 Wholesaling Real Estate with CJ Hibbitts

from The DealMachine Real Estate Investing Podcast · host cj hibbitts, David Lecko, Ryan Haywood

Do you feel like you're worth more than you're making at your job? CJ Hibbitts just side hustled his way to $13,000 from finding a run down house. He says this was the most dollar per time spent of anything he's ever done before. Listen to hear how wholesaling real estate allowed CJ to make $13,000 Key Talking Points of the Episode 00:00 Introduction01:10 How did CJ get into wholesaling?02:47 How did CJ find a deal from sending postcards?05:10 What was CJ’s motivation to get into real estate investing?06:37 How can you find leads by driving for dollars with Deal Machine?08:52 What signs of distress should you look out for when driving for dollars?10:07 How did CJ’s first visit to the house go?11:54 What issues came up when CJ visited the property?14:28 How did CJ come up with his offer for the property?16:39 How can having a mentor help you overcome analysis paralysis?17:49 What factors should you consider when calculating ARV?19:20 How did CJ calculate the ARV for his first deal?20:19 How did CJ present his offer to the seller?24:12 Why is it important to build a buyers list before finding your deals? David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/ Links Instagram: CJ Hibbitshttps://www.instagram.com/cjhibbitts/ Podcast: 071: How To Analyze A Real Estate Deal with David Leckohttps://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727

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