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209: How To Acquire Good Real Estate Deals episode artwork

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 - Introduction 1:31 - Breaking Down Wyatt’s First Wholesale Deal 6:45 - How Wyatt Spent His First Assignment Fee 7:48 - What Wyatt Did Next 9:00 - How He Explains Wholesaling to Sellers 10:04 - Dealing With Sellers That Are Put Off By Wholesaling 11:16 - How Many Wholesale Deals Wyatt Has Done & His Perspective On It 14:44 - What Wyatt Was Doing Before Real Estate 15:29 - What His Life Is Like As An Investor 16:14 - His Advice for People Looking to Get Their First Deal 17:23 - Where to Find Wyatt & Defining Seller Finance 19:17 - Outro LINKS: Instagram: Wyatt Reed https://www.instagram.com/wyatt_c_reed/ Website: Wyatt Reed https://ascendyoursuccess.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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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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