341: How Michael Made $50k on His First Wholesale Deal episode artwork

EPISODE · May 5, 2025 · 16 MIN

341: How Michael Made $50k on His First Wholesale Deal

from The DealMachine Real Estate Investing Podcast · host Ryan Haywood, Michael Foley

Michael Foley joins Ryan to share how he built a cold-calling system using virtual assistants—and landed $50,000 on his very first wholesale deal. He breaks down how to qualify leads, decide between wholesaling or retail, and even how he gets attorneys on board in a tough New York market. KEY TALKING POINTS:0:00 - Intro0:14 - Michael Foley's Real Estate Business1:03 - How He Started Wholesaling & Using VAs For Cold Calling5:04 - His First Wholesale Deal6:27 - Wholesaling In New York8:10 - Why He Added Wholesaling To His Business10:27 - Results From Using VAs & How He Approaches Appointments14:11 - Advice For Aspiring Real Estate Investors15:25 - How To Get In Touch With Michael16:01 - Outro LINKS:Instagram: Michael Foleyhttps://www.instagram.com/_mike_foley_ Website: Michael Foleyhttps://www.frontline-realty.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/

Michael Foley breaks down how he used virtual assistants to cold call leads and landed a $50,000 profit on his very first wholesale deal.

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341: How Michael Made $50k on His First Wholesale Deal

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This episode was published on May 5, 2025.

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Michael Foley joins Ryan to share how he built a cold-calling system using virtual assistants—and landed $50,000 on his very first wholesale deal. He breaks down how to qualify leads, decide between wholesaling or retail, and even how he gets...

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