EPISODE · Sep 2, 2024 · 21 MIN
201: Can You Make $5 Million A Year Wholesaling Real Estate?
from The DealMachine Real Estate Investing Podcast · host David Lecko, Brad Bone
Brad Bone started his real estate journey in 2015 with his first wholesale deal. He transitioned from fix and flip to wholesaling because it allowed him to control his own deal flow and navigate market cycles with less stress. Brad primarily focuses on assignments and novations as his exit strategies. He uses various marketing channels, including direct mail, TV marketing, and PPC, to generate leads. Brad emphasizes the importance of finding good lists for direct mail campaigns. He has implemented the entrepreneurial operating system in his business and has hired an integrator to handle operations. KEY TALKING POINTS OF THE EPISODE 0:00 - Introduction 0:41 - Brad’s First Wholesale Deal 1:21 - His Transition From Buying From Wholesalers to Becoming One 2:07 - Why He Felt Wholesaling Was Better Than Flipping 4:39 - Brad’s Budget for Direct Mail & Replicating His Results 6:21 - Getting into TV Marketing 7:35 - Defining Novations & How Often Brad Uses That Method 9:07 - Why He Started Marketing in Jacksonville 10:20 - How He Started Investing Virtually 11:29 - What He Was Doing Before Real Estate 12:37 - His Experience Working With His Business Partner/Twin Brother 16:07 - How to Get In Touch With Brad 16:36 - How He Targets Properties for Direct Mail 18:02 - Brad’s Goals Going Forward 19:05 - Replicating Brad’s List Strategy with DealMachine 20:45 - Outro LINKS Facebook: Brad Bone https://www.facebook.com/brad.bone.92 Website: Prime Buyers https://primebuyersjax.com/ Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/
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Brad Bone shares how he transitioned from fix and flip to wholesaling, focusing on assignments and novations as exit strategies.
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201: Can You Make $5 Million A Year Wholesaling Real Estate?
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