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

What this episode covers

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 Introduction 01:10 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: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/ Links Instagram: CJ Hibbits https://www.instagram.com/cjhibbitts/ Podcast: 071: How To Analyze A Real Estate Deal with David Lecko https://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727