How I Got My First Wholesale Real Estate Deal! | $22,000!

Here's EXACTLY How I Closed My First Wholesale Deal At 20 Years Old (& Made $22K Profit)! 🚨Join the #1 Program for Building a Hyper-Profitable Real Estate Investing Business: 👉 https://www.realestateskills.com/ultimate-investor?el=pod  👨‍🏫 Learn the 9-Step MLS Offer System we use to consistently lock up deals: ➡️ https://www.realestateskills.com/training?el=pod  🎯 Want the exact Deal Calculator I used? Get it here for FREE: 👉 https://www.realestateskills.com/calculator?el=pod  I made $22,000 on my first wholesale real estate deal! And in this video, I'll walk you through the entire process step by step so you can learn how to do your first wholesale deal too. No money. No experience. No license. Just hustle and the right steps you can follow to land your first real estate deal, too! In July 2012, I wholesaled a 5-bed, 2.5-bath property in San Diego, CA, using the MLS! This first real estate deal set me up to earn over $1 million in profits flipping and wholesaling houses the following year! Here's what you'll learn in this breakdown: - How I used the MLS and a real estate agent to find a distressed wholesale deal - How I analyzed comps and figured out a realistic ARV (After Repair Value) - How I estimated repair costs and decided on my offer price - How I used our Deal Calculator to calculate my offer and projected profit - How I negotiated with the agent and cash buyer to close the deal - How I got around a short sale obstacle and still got paid TIMESTAMPS 0:00 - Intro & first $22K real estate deal 1:20 - Finding the deal using the MLS 2:20 - Viewing the property & making an offer 4:01 - Establishing property value & challenges 5:22 - Analyzing the deal & profit potential 6:32 - Why the 70% rule is limiting 7:52 - Submitting the offer & offer terms 8:36 - Negotiations & getting under contract 9:36 - Finding the cash buyer 10:33 - Negotiating wholesale fee with buyer 11:29 - Bank approval & closing timeline 12:07 - Creative closing using tenants in common 12:47 - Closing the deal & $22K profit 13:18 - Key lessons learned from first deal 📺 More Videos To Help You Close Your First Deal: https://youtu.be/KFHuKm4E73c  https://youtu.be/dszG4_lRVr4  https://youtu.be/xvhaNuD8CCgh  3 lessons I learned on this first deal that can help you: ✅ Age doesn't matter. I was 20. Don't let age be an excuse. ✅ You don't have to be perfect. Just be close enough and take action. ✅ Get mentors. They save you years of trial and error. This deal closed on July 13, 2012. I made $22,000 on my first wholesale check. Since then, I've helped thousands across the U.S. do their first deals—just like this one. At Real Estate Skills, we give you the tools and steps to flip, wholesale, and invest in real estate—without guesswork. Book a FREE strategy session to join our program:  👉 https://www.realestateskills.com/ultimate-investor?el=pod  📚 Get Our FREE Downloads for New Wholesalers to get their first deal: ✅ FREE State-By-State Legal Guide To Wholesaling ➡️ https://www.realestateskills.com/howtowholesale?el=pod  ✅ FREE Cash Buyer Script (PDF) ➡️ https://www.realestateskills.com/cashbuyerscript?el=pod  ✅ FREE Wholesale Contracts (Assignment & PSA) ➡️ https://www.realestateskills.com/contracts?el=pod  ✅ FREE How To Find Cash Buyers Online (Google Ninja Trick) ➡️ https://www.realestateskills.com/google?el=pod  ✅ FREE Craigslist Method For Finding Buyers ➡️ https://www.realestateskills.com/craigslist?el=pod  💡 Related Blog Guides For Wholesaling Real Estate: https://www.realestateskills.com/blog/wholesale-calculator  https://www.realestateskills.com/blog/wholesale-real-estate  👋 Say "Hi!" on Social & Join our Community: 💻 Website - https://realestateskills.com/?el=pod  📸 Instagram - https://instagram.com/realestateskills   📱 TikTok - https://www.tiktok.com/@realestateskills  💙 SUBSCRIBE TO OUR CHANNEL! ➡️ https://youtube.com/c/realestateskills?sub_confirmation=1  #wholesalerealestate #firstdeal #realestatedeals #realestateskills #howtowholesale #firstwholesaledeal