211: $70,000 On His First Wholesale Deal

Travis shares his experience of making $70,000 on his first wholesale deal and how he got started in wholesaling. He stumbled upon a unique property—a converted car wash with storage units—and reached out to a mentor for guidance. With little experience in analyzing commercial properties, Travis took a leap of faith and made an offer. The deal included the house and storage units, which he wholesaled for $400,000. Travis discusses his transition from the healthcare industry to real estate and the challenges he faced. He emphasizes the importance of taking risks and betting on oneself.  KEY TALKING POINTS:0:00 - Introduction1:02 - Travis’ First Wholesale Deal4:21 - Transitioning From Managing Hospitals to Real Estate5:28 - Working With The Sellers On His First Deal7:20 - How He Comped A Former Carwash Turned Storage Facility8:14 - Utilizing His First Wholesale Check9:18 - How He Met His Partner For That Deal10:00 - Using A Business Credit Card11:26 - Leaving The Safety Of A 9-515:47 - His Average Assignment Fee16:39 - How He Sells His Deals Now18:56 - How He Built His Team20:13 - Where He Wants To Take His Business LINKS:Instagram: Travis Copelandhttps://www.instagram.com/trav_cope Website: Flavortown Propertieshttps://www.flavortownproperties.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/