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123: Aerospace Engineer Escapes 9-5 Wholesaling Real Estate
Manage episode 406214664 series 3441909
Contenu fourni par DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
If you wouldn't want to trade places with your boss, then that's a sign you should find another job or start a business."
That's when our guest Deshan knew he needed to pave his own way by starting a business.
In this episode, David Lecko interviews Deshan Hillman, a successful wholesaler in the DFW market of Texas. Deshan shares his journey into wholesaling, starting with his first wholesale deal that earned him $10,000. He explains how he found the deal through a pocket listing and worked with a contractor to assess the property. Deshan also discusses the importance of transparency in deals and building a buyer's list. He shares his experience working with a partner and offers advice for beginners in the wholesaling industry. Overall, Deshan's story highlights the potential for success in wholesaling and the importance of taking action and seeking mentorship.
Takeaways
• Start with a base level of information before getting into wholesaling, either through research, mentorship, or joining a community.
• Transparency and professionalism are key in building trust with sellers and buyers.
• Building a buyer's list is crucial for finding buyers quickly and efficiently.
• Consistency and goal-setting are important for scaling and growing a wholesaling business.
• Working with a partner can have its challenges, but clear division of responsibilities and effective communication can lead to success.
Key Talking Points of the Episode
00:00 Introduction
01:07 How did DeShan start wholesaling real estate?
02:16 How did DeShan find his first wholesale deal?
03:19 What is a pocket listing?
05:01 How does consistency in wholesaling build your confidence?
06:23 How did DeShan build his first buyers list?
07:04 What kind of buyers did DeShan have on his list?
08:13 How many buyers are on DeShan’s buyers list today?
09:39 What is DeShan’s background?
10:23 Why did DeShan want to do something on his own?
11:41 How much has DeShan’s wholesaling business grown?
12:57 What is DeShan’s goal for their wholesaling business in 2024?
13:47 How are the responsibilities divided between DeShan and his partner?
14:13 What is DeShan’s advice to new wholesalers?
15:25 How can you connect with DeShan?
Links
Instagram: DeShan Hillman
https://www.instagram.com/deshanhilman
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/
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