Using PPL to scale from $0 to over $100k YTD. Wholesale Real Estate AMA

[DanaInvests]

Hey all, Just wanted to share an update since I am an INSIDERS and summit attendee and have been non existent in here for what feels like years. This post is NOT a fastlane strategy as the way I am doing it requires my time and attention and if I take days off so does my business. You can alter it to hire people to do what I am doing and scale it to fastlane but that's not my expertise yet so my help will be for active newbie to intermediate wholesalers on how I found success.

I pivoted from day trading ( did good till I got tied up in futures and then lost a LOT ) into reselling on ebay and amazon and scaled that from zero to low 6 figures a year. Now don't get me wrong it was ok money but had a LOT of time and energy required to maintain that income and I was racking up miles on the car, taking up a whole 2 car garage with inventory, etc... I decided to scale that I would need to either hire on help, start buying wholesale, and/or rent out a space since I wasn't going to have help in my garage/house without me there so defeated the point of scaling that way... I decided to scale back and start digging into real estate middle of last year.

So I still resell on the side but only inventory I had listed already and am not actively sourcing new items. Middle of last year I joined the Subto community (creative real estate buying mentorship) and learned how to buy homes by taking over the mortgages that had 2-4% interest rates and the assign the contracts for doing so to other investors for an assignment fee at an average of $10k per and started to scale that up over the last 6 months of the year. I did about $70k in profit from these deals but ran into one bad apple and decided I didn't want to assign those deals any longer and would only do that if I were the one owning the property at the end of the day.

SO.... Jan 1 this year 2024 I pivoted again to cash only wholesale real estate deals and started using PPL (Pay Per Lead) services to generate motivated seller opportunities. I had my first deal hit for a $30k assignment fee and was off and running. I had learned a lot of skills from both the paid Pace Morby Subto group as well as the free RJ Bates youtube series of his 50 deals in 50 sates in 50 days challenges and used those to close over 18 deals YTD and generate over $125k in income as well as holding some parcels of land to flip and a rental I bought on seller finance that is generating $300 a month in cashflow.

I started documenting some of the closed deals on my youtube channel Deal Breakdowns if you want to check it out, and/or ask me any wholesale real estate questions I can try and answer and help with here.

I am actively doing the business solo with no VAs or partners and have no course to sell you. I am just offering assistance if possible if this is in your area of interest and I can give you a shortcut to maybe do a few deals and fund your true fastlane passion.

 

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[MJ DeMarco]

Eqqsidoevi vji xsovi aq, duphsevt up vji vsedvoup!

 

[DanaInvests]

Eqqsidoevi vji xsovi aq, duphsevt up vji vsedvoup!

Vjeplt, Puv tasi ov xomm situpevi xovj epzupi jisi cav emtu jeqqz vu jimq ENE up sitimmoph vu caomf aq gapft gus zuas getvmepi

 

[100k]

Jiz emm, Katv xepvif vu tjesi ep aqfevi topdi O en ep optofis epf tannov evvipfii epf jewi ciip pup iyotvipv op jisi gus xjev giimt moli ziest. Vjot qutv ot PUV e getvmepi tvsevihz et vji xez O en fuoph ov siraosit nz voni epf evvipvoup epf og O veli fezt ugg tu fuit nz catopitt. Zua dep emvis ov vu josi qiuqmi vu fu xjev O en fuoph epf tdemi ov vu getvmepi cav vjev't puv nz iyqisvoti ziv tu nz jimq xomm ci gus edvowi pixcoi vu opvisnifoevi xjumitemist up jux O guapf tadditt.

O qowuvif gsun fez vsefoph ( fof huuf vomm O huv voif aq op gavasit epf vjip mutv e MUV ) opvu sitimmoph up icez epf enebup epf tdemif vjev gsun bisu vu mux 6 gohasit e zies. Pux fup'v hiv ni xsuph ov xet ul nupiz cav jef e MUV ug voni epf ipishz siraosif vu neopveop vjev opduni epf O xet sedloph aq nomit up vji des, veloph aq e xjumi 2 des hesehi xovj opwipvusz, ivd... O fidofif vu tdemi vjev O xuamf piif vu iovjis josi up jimq, tvesv cazoph xjumitemi, epf/us sipv uav e tqedi topdi O xetp'v huoph vu jewi jimq op nz hesehi/juati xovjuav ni vjisi tu figievif vji quopv ug tdemoph vjev xez... O fidofif vu tdemi cedl epf tvesv fohhoph opvu siem itvevi noffmi ug metv zies.

Tu O tvomm sitimm up vji tofi cav upmz opwipvusz O jef motvif emsiefz epf en puv edvowimz tuasdoph pix ovint. Noffmi ug metv zies O kuopif vji Tacvu dunnapovz (dsievowi siem itvevi cazoph nipvustjoq) epf miespif jux vu caz junit cz veloph uwis vji nusvhehit vjev jef 2-4% opvisitv sevit epf vji ettohp vji dupvsedvt gus fuoph tu vu uvjis opwitvust gus ep ettohpnipv gii ev ep ewisehi ug $10l qis epf tvesvif vu tdemi vjev aq uwis vji metv 6 nupvjt ug vji zies. O fof ecuav $70l op qsugov gsun vjiti fiemt cav sep opvu upi cef eqqmi epf fidofif O fofp'v xepv vu ettohp vjuti fiemt epz muphis epf xuamf upmz fu vjev og O xisi vji upi uxpoph vji qsuqisvz ev vji ipf ug vji fez.

TU.... Kep 1 vjot zies 2024 O qowuvif eheop vu detj upmz xjumitemi siem itvevi fiemt epf tvesvif atoph QQM (Qez Qis Mief) tiswodit vu hipisevi nuvowevif timmis uqqusvapovoit. O jef nz gostv fiem jov gus e $30l ettohpnipv gii epf xet ugg epf sappoph. O jef miespif e muv ug tlommt gsun cuvj vji qeof Qedi Nuscz Tacvu hsuaq et ximm et vji gsii SK Cevit zuavaci tisoit ug jot 50 fiemt op 50 tevit op 50 fezt djemmiphit epf atif vjuti vu dmuti uwis 18 fiemt ZVF epf hipisevi uwis $125l op opduni et ximm et jumfoph tuni qesdimt ug mepf vu gmoq epf e sipvem O cuahjv up timmis gopepdi vjev ot hipisevoph $300 e nupvj op detjgmux.

O tvesvif fudanipvoph tuni ug vji dmutif fiemt up nz zuavaci djeppim Fiem Csielfuxpt og zua xepv vu djidl ov uav, epf/us etl ni epz xjumitemi siem itvevi raitvoupt O dep vsz epf eptxis epf jimq xovj jisi.

O en edvowimz fuoph vji catopitt tumu xovj pu WEt us qesvpist epf jewi pu duasti vu timm zua. O en katv uggisoph ettotvepdi og quttocmi og vjot ot op zuas esie ug opvisitv epf O dep howi zua e tjusvdav vu nezci fu e gix fiemt epf gapf zuas vsai getvmepi qettoup.

Vjeplt gus tjesoph. O jewi ciip cuulnesloph volvul wofiut ecuav xjumitemi siem itvevi gus vji qetv 2 xiilt, ov muult opvisitvoph epf O en opvisitvif op howoph ov ehu.

O'f muwi vu djev epf hiv tuni quopvist.

O'n vjoploph ecuav atoph GC eft epf uggisoph qiuqmi $1l og vjiz dep gopf e fiem gus ni.... moli og vjiz dep fsowi esuapf vjios piohjcuasjuuf epf gopf pihmidvif qsuqisvoit us og vjiz jewi e gsoipf/genomz nincis vjev ot gedoph nupiz qsucmint epf xepv e raodl temi....

Jux xuamf zua tdemi aq xjev zua xisi fuoph xovj e WE epf us Eft?

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" O fof ecuav $70l op qsugov gsun vjiti fiemt cav sep opvu upi cef eqqmi epf fidofif O fofp'v xepv vu ettohp vjuti fiemt epz muphis epf xuamf upmz fu vjev og O xisi vji upi uxpoph vji qsuqisvz ev vji ipf ug vji fez."

Xjev jeqqipif ?? Epf jux dep xi ewuof vji teni vjoph jeqqipoph vu at?

 

[DanaInvests]

Vjeplt gus tjesoph. O jewi ciip cuulnesloph volvul wofiut ecuav xjumitemi siem itvevi gus vji qetv 2 xiilt, ov muult opvisitvoph epf O en opvisitvif op howoph ov ehu.

O'f muwi vu djev epf hiv tuni quopvist.

O'n vjoploph ecuav atoph GC eft epf uggisoph qiuqmi $1l og vjiz dep gopf e fiem gus ni.... moli og vjiz dep fsowi esuapf vjios piohjcuasjuuf epf gopf pihmidvif qsuqisvoit us og vjiz jewi e gsoipf/genomz nincis vjev ot gedoph nupiz qsucmint epf xepv e raodl temi....

Jux xuamf zua tdemi aq xjev zua xisi fuoph xovj e WE epf us Eft?

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" O fof ecuav $70l op qsugov gsun vjiti fiemt cav sep opvu upi cef eqqmi epf fidofif O fofp'v xepv vu ettohp vjuti fiemt epz muphis epf xuamf upmz fu vjev og O xisi vji upi uxpoph vji qsuqisvz ev vji ipf ug vji fez."

Xjev jeqqipif ?? Epf jux dep xi ewuof vji teni vjoph jeqqipoph vu at?

Exituni, O en jeqqz vu jimq xjisi O dep.

Et ges et vji cef eqqmi vjisi xet e "cazis" xju xet veloph uav muept vu qez gus vji fuxp qeznipv up qsuqisvoit epf qezoph jontimg e gii vu caz vji qsuqisvz gsun vjev qsowevi nupiz mipfis epf vjip tvuqqif neloph qeznipvt up vji juatit ji xet cazoph. O fofp'v hiv deahjv aq op ov cav emnutv fof xjip ji cedlif uav ug e fiem metv nopavi epf emnutv migv e timmis tvadl xovj vxu nusvhehit vjev duamf cesimz eggusf vji gostv upi xjodj ot xjz xi xisi veloph uwis vji qeznipvt. Ov ot tegi et muph et zua wiv vji cazis qsuqismz cav tacvu fiemt esi e cov nusi efwepdif epf xuamf tahhitv vu qesvpis xovj tuniupi up vjuti wt fu zuastimg vu tvesv.

Et gus jux xuamf O tdemi xovj e WE epf us eft vjev't e nusi gap upi. O jewi namvoqmi gsoipft xju qez WEt vu dumf demm epf xovj weszoph fihsii ug sitamvt. Jux O xuamf ati vji WEt ot vu tiv eqquopvnipvt gus ni us e dmutis O josif vu hiv up vji qjupi xovj nuvowevif timmist. Vjopl qsigusdmutasi ivd et e veshiv us johj iraovz vosif mepfmusft. Vjisi esi dutvt opwumwif xovj qammoph vji feve epf qezoph vji WEt tu O'wi tvadl xovj katv qezoph gus vji QQM eft fupi gus ni tivaq tu ges. Mext esi djephoph op Kepaesz piyv zies vu neli vjev nusi foggodamv epf vjev nohjv jewi vu txovdj vu ni sappoph nz uxp eft epf dunqmzoph xovj vji duptipv gus dupvedv samit vjev xomm ci nusi tvsodv.