Do you want to quit your job and flip houses, but you kinda wonder about this wholesale real estate thing?
Maybe you looked at a deal and were tempted to buy it yourself to flip it for a bigger profit than wholesaling...
Hannah Martin and Lukas Dommer were bored in covid so they started a wholesale real estate business.
Now they've done 129 deals, and tried flipping for a little bit.
They're here to explain how they started, and how flipping is a different business than wholesaling.
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/
Key Talking Points of the Episode
00:00 Introduction
01:00 How did Hannah and Lukas make thousands on their first deal?
02:45 What happened when Hannah and Lukas advertised their first deal?
03:40 How did Hannah and Lukas find a buyer for their first deal?
05:48 What were Hannah and Lukas doing before getting into real estate?
07:40 How did Hannah and Lukas find their 2nd wholesale deal?
10:51 How long did it take for the fire damage deal to close?
13:45 What did Hannah and Lukas learn from their 2nd deal?
16:54 How did Hannah and Lukas find a buyer for the fire damage deal?
21:47 What was it like for Hannah and Lukas to learn the ropes of wholesaling?
23:44 What is the reality behind faking it til you make it?
25:38 Why did Hannah and Lukas decide to focus on wholesaling?
28:33 How can you connect with Hannah and Lukas?
Links
Document: Wholesaling Contract
https://www.dealmachine.com/contract
Instagram: Hannah Martin
https://www.instagram.com/hannah_mar10
Instagram: Lukas Dommer
https://www.instagram.com/lukas_dommer
Instagram: Heritage Home Investments
https://www.instagram.com/heritage_home_investments
Podcast: 071: How To Analyze A Real Estate Deal with David Lecko
https://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727