Exactly How Hartley Made $500,000 Profit On 1 Deal | Flipping Mastery Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 1 December 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Mike G. joins Jerry to sharee his journey from struggling with house deals in New York to successfully flipping land deals in Florida.
Show notes -- in this episode we'll cover:
- Mike explains how mimicking Jerry's negotiation techniques helped him build confidence and close deals.
- He discusses his first major land package deal involving 15 lots, which led to a $15,000 profit despite challenges and rookie mistakes.
- He emphasizes the importance of focusing on one niche, such as land, to simplify operations and achieve consistent results.
- Jerry highlights the value of perseverance, with Mike's two-year journey to success serving as inspiration for others.
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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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Transcript
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| 0:00.0 | Hey, it's Jerry Norton. |
| 0:04.2 | Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:08.0 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:18.2 | Well, thank you for joining us. |
| 0:19.6 | It's great to be here on this, invite you on to this Zoom. |
| 0:23.6 | This is a group of my fast track students that do mentoring with me and our small community. |
| 0:30.6 | And it's great to have you on here. |
| 0:32.6 | We do this call every single week. |
| 0:33.6 | So excited to talk to you briefly here about your success as you've gotten started |
| 0:39.7 | and hear a little bit of your story. You did a really cool deal where you wholesale the package |
| 0:44.7 | of lots in Florida. So I'm excited to talk to you about that. But Michael, thank you for joining |
| 0:49.9 | us. And tell us a little bit about you. How long ago did you get started? And what was that |
| 0:53.0 | process like? |
| 1:27.9 | So I got started in 2020. Before I even get to that, it's an honor to be up here, like to just talk to you because you don't even know how much you help me and you don't even know who I am. So right there, it's just an honor doing this. Oh, you're welcome. Thank you. My name is Mike Galfredo. I'm from New York City, Staten Island, to be exact. It's one of the five boroughs. If y'all don't know, the forgotten borough, most people don't remember. Uh-huh. And I got into 20, wholesaling around 2020. So this was the height of COVID pandemic. So I'm watching a lot of YouTube at the time 2020. |
| 1:32.0 | And there's one person that has the most content, most educational content on hosting. |
| 1:37.2 | And he's the man right here, Mr. Jerry North. |
| 1:40.3 | Flipping genius. |
| 1:41.6 | Literally, my lady, she just, every time she hears it, Jerry, you're a flipping genius. |
| 1:47.1 | Like, she would say with you. |
| 1:49.3 | So I watched it so much that everybody in my house just always heard it at the end. |
| 1:53.6 | Jerry, you're a flipping genius. |
| 1:56.9 | So in 2020, I got started watching just YouTube, just learning, just educating myself. |
... |
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