EPISODE · Sep 20, 2024 · 25 MIN
212: Wholesaling Is The Starting Point
from The DealMachine Real Estate Investing Podcast · host Max Vollmer, David Lecko, Ryan Haywood
Max Vollmer shares his journey from starting with no experience, connections, or money to building a successful real estate development business. He started by wholesaling vacant land and quickly made $25,000 on his first deal. Over time, he transitioned into fix and flips and eventually focused on new construction. He now has $147 million worth of homes under construction and has built a team of 25 employees. Max emphasizes the importance of finding the right location and being specific in what you buy. He also discusses the challenges and rewards of transitioning from wholesaling to development. KEY TALKING POINTS:0:00 - Introduction1:15 - Making $25,000 On His First Wholesale Deal4:46 - Juggling School While Starting In Wholesaling 6:25 - How He Found His First Deal & How He Marketed It7:31 - Why He Stopped Wholesaling10:28 - Switching Over to Building New Construction & His Strategy14:24 - Is New Construction More Involved Than Flipping?18:16 - How Long It Took Him To Get Here & Cash Conversion Cycle23:17 - What A Day In The Life Looks Like For Max24:59 - How to Find Max On Socials25:17 - Outro LINKS:Instagram: Max Vollmerhttps://www.instagram.com/max_vollmer Website: Vollmer Coachinghttps://www.vollmercoaching.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
Max Vollmer dives into how he went from wholesaling vacant land with no experience to building a $147 million real estate development business with a team of 25.
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212: Wholesaling Is The Starting Point
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