292: Costa’s First Flip Made $120K—Here’s Why He Switched

Costa Karellas made $120K on his first flip in Boston—but instead of doubling down, he pivoted to wholesaling remotely in Kansas City. In this episode, he reveals why he made the switch, the power of partnerships, and the Marine Corps mindset that drives his success. Plus, David shares insights on balancing investing while running DealMachine. KEY TALKING POINTS: 0:00 - Introduction 0:10 - What Costa Karellas Learned From Being A Marine Corps Captain 5:16 - His Goal When He Started His Business 7:47 - The Power Of Leveraging Partnerships 11:20 - Getting The Reps 12:19 - How Long Costa Has Been In His Market 13:32 - Learning Skills Before You Hire Someone Else 17:34 - Moving Slow To Move Fast 20:34 - David Speaks On Investing Alongside Running DealMachine 22:44 - Costa’s Business Partners And Personality Profiles He Looks For 26:31 - His Worst Day As A Real Estate Investor 31:33 - Why He Decided To Switch To Wholesaling 34:03 - Outro LINKS: Instagram: Costa Karellas https://www.instagram.com/costa_karellas/ Website: Costa Karellas https://www.kl-propertygroup.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/