121: How To Be A Millionaire As An American episode artwork

EPISODE · Mar 8, 2024 · 22 MIN

121: How To Be A Millionaire As An American

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

This one's for anyone working a nine to five job wondering, how can I become a millionaire? Our guest Nasar El Arabi today shows how wholesaling real estate allows you to find great deals, even if you don't have all of the money to buy more than one or two rental properties and amass a seven figure net worth. This is the podcast for 10Xing your income and replacing your W-2 with wholesaling real estate, a strategy where you can find rundown houses and make big checks by passing them off to real estate investors. Key Talking Points of the Episode 00:00 Introduction01:13 How did Nasar make $2000 on his first wholesale deal?02:05 What was Nasar’s first wholesale deal like?05:16 How did Nasar renegotiate the price of his first wholesale deal?06:20 What did Nasar discover in his first wholesale deal?09:08 How did Nasar move forward from his first wholesale deal?12:02 Why did Nasar continue investing in real estate?15:16 When did Nasar decide to build a rental portfolio?17:15 How did Nasar learn about creative real estate investing?20:16 How can you connect with Nasar?21:10 What is Nasar’s advice for people who want to get into real estate investing? Links Instagram: Nasar El Arabihttps://www.instagram.com/realestatedoru Website: First Flip Challengehttps://www.firstflipchallenge.com/get-ticket

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