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223: How Luis Made $20K By Holding A Property For Just Two Days
Manage episode 444339857 series 3441909
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Luis’s first real estate deal wasn’t without its challenges, but it earned him a solid $20K. In this episode, we break down how he navigated the process, from finding a motivated seller to securing the property and ultimately profiting on the sale. Luis shares the key decisions he made along the way and how he managed to turn his first deal into a substantial payday.
KEY TALKING POINTS:
0:00 - Introduction
1:16 - Diving Into Luis’ First Deal
3:35 - Partnering With His Friend
5:25 - How Much They’ve Spent On Mail So Far
6:35 - Still Working As An Agent After His First Deal
9:06 - What His Partner Is Up To
10:23 - How Much He Made From His First Deal
13:44 - Why He Decided To Buy The Deal Instead Of List It Himself
15:03 - Agents & Wholesalers Don’t Compete For The Same Deals
15:26 - Luis’ Focus Moving Forward
16:49 - Outro
LINKS:
Instagram: Luis Monroy
https://www.instagram.com/looneylu401
Facebook: Luis Monroy
https://www.facebook.com/LuisMonroy401/
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/
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