177: Average $40,000 From 2 Deals Per Month episode artwork

EPISODE · Jul 17, 2024 · 27 MIN

177: Average $40,000 From 2 Deals Per Month

from The DealMachine Real Estate Investing Podcast · host David Lecko

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.comBigger 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.

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.

NOW PLAYING

177: Average $40,000 From 2 Deals Per Month

0:00 27:01

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The DealMachine Real Estate Investing Podcast?

This episode is 27 minutes long.

When was this The DealMachine Real Estate Investing Podcast episode published?

This episode was published on July 17, 2024.

What is this episode about?

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...

Can I download this The DealMachine Real Estate Investing Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!