191: Making $112k as a 22 Year Old

What this episode covers

Armando struggled for 3 months, so instead of giving up, he worked for another entrepreneur. That gave him the confidence and skills to re-start his own business and he was able to make $112k last month in real estate wholesaling assignment fees. This is a great episode if you are looking for your first real estate deal and you feel stuck. Key Talking Points of the Episode 00:00 Introduction 01:05 What was Armando’s first real estate deal like? 02:03 How did doing the first deal change Armando’s approach to wholesaling? 03:54 What are some of the most important things to tell sellers before an appointment? 05:27 How does the market influence your wholesale deals? 06:30 How does Armando and his team manage their cold calling strategy? 08:43 How has Deal Machine’s single line dialer helped Armando get better conversion rates? 10:02 When did Armando decide that it was time to hire a cold caller? 12:31 What is the importance of the quality of the data you’re using for marketing? 14:05 How does knowledge and experience build confidence in wholesaling? 15:49 What does the future look like for Armando and his business? 17:23 What does Armando want to achieve in his business? 19:20 How can you connect with Armando on social media? 20:01 What marketing strategy does Ryan’s coaching students use the most? Links Instagram: Armando Padilla https://www.instagram.com/realarmandopadilla/ Website: Venture Pad Homes https://www.venturepadhomes.com/ Website: Deal Flow Academy https://www.dealflowacademy.com Instagram: David Lecko https://www.instagram.com/dlecko Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Deal Machine https://www.dealmachine.com/pod Website: Heritage Home Investments https://www.heritagehomeinvestments.com/