EPISODE · Sep 16, 2024 · 19 MIN
209: How To Acquire Good Real Estate Deals
from The DealMachine Real Estate Investing Podcast · host David Lecko, Ryan Haywood, Wyatt Reed
Wyatt Reed shares his experience with wholesaling real estate and how he made $1,900 on his first wholesale deal. He explains how he found the deal through a coworker and the challenges of dealing with a hoarder house. Wyatt also discusses his transition from wholesaling to buying and holding properties, as well as his foray into seller financing. He emphasizes the importance of taking action and finding leads in order to be successful in real estate investing. KEY TALKING POINTS:0:00 - Introduction1:31 - Breaking Down Wyatt’s First Wholesale Deal6:45 - How Wyatt Spent His First Assignment Fee7:48 - What Wyatt Did Next9:00 - How He Explains Wholesaling to Sellers10:04 - Dealing With Sellers That Are Put Off By Wholesaling11:16 - How Many Wholesale Deals Wyatt Has Done & His Perspective On It14:44 - What Wyatt Was Doing Before Real Estate15:29 - What His Life Is Like As An Investor16:14 - His Advice for People Looking to Get Their First Deal17:23 - Where to Find Wyatt & Defining Seller Finance19:17 - Outro LINKS:Instagram: Wyatt Reedhttps://www.instagram.com/wyatt_c_reed/ Website: Wyatt Reedhttps://ascendyoursuccess.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
Wyatt Reed shares how he made $1,900 on his first wholesale deal and transitioned to buy-and-hold properties, emphasizing the importance of taking action in real estate investing.
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209: How To Acquire Good Real Estate Deals
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