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 EPISODE0:00 - Introduction0:41 - Brad’s First Wholesale Deal1:21 - His Transition From Buying From Wholesalers to Becoming One2:07 - Why He Felt Wholesaling Was Better Than Flipping4:39 - Brad’s Budget for Direct Mail & Replicating His Results6:21 - Getting into TV Marketing7:35 - Defining Novations & How Often Brad Uses That Method9:07 - Why He Started Marketing in Jacksonville10:20 - How He Started Investing Virtually11:29 - What He Was Doing Before Real Estate12:37 - His Experience Working With His Business Partner/Twin Brother16:07 - How to Get In Touch With Brad16:36 - How He Targets Properties for Direct Mail18:02 - Brad’s Goals Going Forward19:05 - Replicating Brad’s List Strategy with DealMachine20:45 - Outro LINKSFacebook: Brad Bonehttps://www.facebook.com/brad.bone.92 Website: Prime Buyershttps://primebuyersjax.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
What this episode covers
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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