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 - Intro 0:52 - An Overview of Fayez Jangda’s Business 2:28 - Making $80k On His First Deal 7:46 - How He Approached Wholesaling Like A Commercial Project 12:06 - Why He Started Wholesaling In The First Place 16:02 - Experiencing Struggles As An Entrepreneur 17:10 - Finding His Next Deal 19:36 - How Novations Grew To Be A Big Part Of His Business 25:19 - Do You Have To Be An Agent To Do Novations? 26:51 - What Novations Allow You To Do As An Investor 29:12 - What He’s Looking Forward To Most In 2025 30:47 - The Hard To Get Data That Fayez Is Looking For 38:38 - Outro LINKS: Instagram: Fayez Jangda https://www.instagram.com/tecknofj/ Website: Fayez Jangda https://winwinhomes.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/