219: Vaughn’s $30K First Deal That Changed Everything

The DealMachine Real Estate Investing Podcast

In this episode, we dive into Vaughn’s inspiring journey from his first real estate deal that netted him $30K to building a successful business generating over $1.3 million in his first year. Vaughn shares how he started with little cash, pivoted to overcome industry regulations, and used creative strategies to thrive in a competitive market.

KEY TALKING POINTS:

0:00 - Introduction

1:07 - Vaughn Bethell’s First Real Estate Deal for $30k

5:34 - How He Negotiated The Price Down With The Seller

7:08 - Why He Chose Wholesaling As A Business

8:46 - Why He Decided To Use Driving For Dollars To Generate Leads

9:46 - How Many Leads He Added Before Getting His First Deal

11:27 - Getting Around The Wholesaling Regulation in South Carolina

13:04 - Is Wholesaling Still Possible In South Carolina?

14:40 - How Much Vaughn’s JV Partners Make

15:51 - How Long It Took Him To Get To 7 Figures

17:17 - Getting to $1.3 Million In His First Year

18:41 - Lessons Learned From His Previous Business Experience

21:53 - Where His Business Is At Today

23:32 - The Markets That His Team Is Currently Focusing On

24:23 - Closing Thoughts For Newbies Trying To Find Their First Deal

25:17 - Outro

LINKS:

Instagram: Vaughn Bethell

https://www.instagram.com/vbethell

Links: Vaughn Bethell

https://linktr.ee/vbethell

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/