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136: $47,808 Reasons To Wholesale A Real Estate Deal!
Manage episode 412151546 series 3441909
Sisällön tarjoaa DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood. DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
This is for anyone who wants to start a business!
Matt Kamp found a 3 acre lot that wasn't for sale, but the seller wanted to unload it.
Matt got it under contract and before closing, sold the rights to buy that property to someone else for a big fee of $47,808!
Matt split that 3 ways with his friends who helped him get the deal done.
We break down this deal so you can do the same.
Key Talking Points of the Episode
00:00 Introduction
01:31 How much did Matt make on his wholesale deal in Chesterfield?
02:09 How did Matt find this deal?
05:07 How did Matt and his partner evaluate the deal?
06:30 What did Matt do to get accurate comps for the deal?
09:09 How can your network help you through challenging deals?
10:00 What is a double-close transaction?
11:45 What is the best way to learn more about different types of deals?
13:04 How can telling people what you do help you grow in real estate?
14:40 What is Matt’s advice for people looking for their first wholesale deal?
Links
Document: JV Agreement
https://www.dealmachine.com/jv
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/
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