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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

17 Deals in 12 Months: How This Beginner Did It - Brent Daniels, Demola

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 14 January 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Real estate investing isn’t easy, but it’s simple—and in this episode, we dive deep into what it really takes to succeed. Join Brent Daniels and special guest Demola, an Indianapolis-based investor who’s gone from a beginner to closing 17 deals in just 12 months, generating over $146K in revenue. From his very first text campaign to scaling his business with cold callers and admins, Demola shares his unfiltered journey, the lessons he’s learned, and the myths about real estate that don’t tell the whole story.

Discover how one $34,000 deal turned things around after months of struggle, the strategies Demola uses to generate consistent leads, and why he believes lead generation is the lifeblood of any successful real estate business.

Whether you’re just starting out or looking to take your wholesaling business to the next level, this episode is packed with actionable insights, motivation, and strategies that work in today’s market.

If you’ve ever wondered how to turn cold calls into deals, how to stay consistent during the tough times, or how to build a business that generates wealth, this episode is for you. Hit play and get ready to take notes—success starts here!

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Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

Transcript

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0:00.0

This is the Rich Dad Radio Show, the good news and bad news about flipping real estate.

0:05.8

Here's your host, Brent Daniels.

0:10.3

Welcome back to the Rich Dad Radio Show, where we're talking about the good news and the bad news about flipping real estate.

0:17.3

I am your host, Brent Daniels, Mr. TTP, Mr. Talk to People, and I am telling you this,

0:22.6

if I can do this business, so can you. On today's podcast, we are talking to an investor out of

0:30.7

Indianapolis, and we're going to be uncovering some of the most common myths and surprises

0:37.1

that you're going to have to face as you start

0:39.7

your real estate journey. So here we go. Welcome to the podcast, Damola Olomu. Yes, nice to be

0:48.2

here. Nice to see you, right? So last 12 months, how many deals have you closed?

0:56.0

17 so far.

0:58.4

17 deals.

0:59.3

And what type of deals?

1:01.0

So assignments, mostly.

1:04.8

I have a sub two assigned.

1:07.1

Okay.

1:07.3

That is well.

1:07.8

I've won double close.

1:09.3

But most of my deals are assignments. typically cash, cash transactions, yeah.

1:14.7

Awesome.

1:15.2

And in what market?

1:16.9

Indianapolis and about an hour outside of Indy is where I'm at.

1:22.2

Nice.

...

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