335: $80,000 First Wholesale Deal

Fayez Jangda didn’t find his first deal the traditional way—and that’s what makes this story so powerful. Instead of chasing distressed properties, he found a distressed wholesaler with a contract they couldn’t move. What happened next? A joint venture that netted Fayez $80,000 and launched his investing career. In this episode, he shares the unconventional approach he took, how he scaled from one deal to doing a deal a day, and why novations became a major part of his strategy. KEY TALKING POINTS:0:00 - Intro0:52 - An Overview of Fayez Jangda’s Business2:28 - Making $80k On His First Deal7:46 - How He Approached Wholesaling Like A Commercial Project12:06 - Why He Started Wholesaling In The First Place16:02 - Experiencing Struggles As An Entrepreneur17:10 - Finding His Next Deal19:36 - How Novations Grew To Be A Big Part Of His Business25:19 - Do You Have To Be An Agent To Do Novations?26:51 - What Novations Allow You To Do As An Investor29:12 - What He’s Looking Forward To Most In 202530:47 - The Hard To Get Data That Fayez Is Looking For38:38 - Outro LINKS:Instagram: Fayez Jangdahttps://www.instagram.com/tecknofj/ Website: Fayez Jangdahttps://winwinhomes.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/