EPISODE · Oct 9, 2024 · 17 MIN
223: How Luis Made $20K By Holding A Property For Just Two Days
from The DealMachine Real Estate Investing Podcast · host Luis Monroy, David Lecko, Ryan Haywood
Luis’s first real estate deal wasn’t without its challenges, but it earned him a solid $20K. In this episode, we break down how he navigated the process, from finding a motivated seller to securing the property and ultimately profiting on the sale. Luis shares the key decisions he made along the way and how he managed to turn his first deal into a substantial payday. KEY TALKING POINTS:0:00 - Introduction1:16 - Diving Into Luis’ First Deal3:35 - Partnering With His Friend5:25 - How Much They’ve Spent On Mail So Far6:35 - Still Working As An Agent After His First Deal9:06 - What His Partner Is Up To10:23 - How Much He Made From His First Deal13:44 - Why He Decided To Buy The Deal Instead Of List It Himself15:03 - Agents & Wholesalers Don’t Compete For The Same Deals15:26 - Luis’ Focus Moving Forward16:49 - Outro LINKS:Instagram: Luis Monroyhttps://www.instagram.com/looneylu401 Facebook: Luis Monroyhttps://www.facebook.com/LuisMonroy401/ 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
Luis’s first real estate deal brought him $20K, and in this episode, he shares how he found the property, secured it, and turned it into a major profit.
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223: How Luis Made $20K By Holding A Property For Just Two Days
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