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The DealMachine Real Estate Investing Podcast

209: How To Acquire Good Real Estate Deals

Wyatt Reed shares how he made $1,900 on his first wholesale deal and transitioned to buy-and-hold properties, emphasizing the importance of taking action in real estate investing.
Broadcast on:
16 Sep 2024

Wyatt Reed shares his experience with wholesaling real estate and how he made $1,900 on his first wholesale deal. He explains how he found the deal through a coworker and the challenges of dealing with a hoarder house. Wyatt also discusses his transition from wholesaling to buying and holding properties, as well as his foray into seller financing. He emphasizes the importance of taking action and finding leads in order to be successful in real estate investing.

 

KEY TALKING POINTS:

0:00 - Introduction

1:31 - Breaking Down Wyatt’s First Wholesale Deal

6:45 - How Wyatt Spent His First Assignment Fee

7:48 - What Wyatt Did Next

9:00 - How He Explains Wholesaling to Sellers

10:04 - Dealing With Sellers That Are Put Off By Wholesaling

11:16 - How Many Wholesale Deals Wyatt Has Done & His Perspective On It

14:44 - What Wyatt Was Doing Before Real Estate

15:29 - What His Life Is Like As An Investor

16:14 - His Advice for People Looking to Get Their First Deal

17:23 - Where to Find Wyatt & Defining Seller Finance

19:17 - Outro

 

LINKS:

Instagram: Wyatt Reed

https://www.instagram.com/wyatt_c_reed/

 

Website: Wyatt Reed

https://ascendyoursuccess.com/

 

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/


 

 

Wyatt Reed shares how he made $1,900 on his first wholesale deal and transitioned to buy-and-hold properties, emphasizing the importance of taking action in real estate investing.