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Wholesale Hotline | Brent Daniels

From Quitting To $29,000 Profit On His First Wholesale Deal | Flipping Mastery Breakout

Wholesale Hotline | Brent Daniels

Wholesale Hotline

Investing, Business

4.9586 Ratings

🗓️ 10 September 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry sits down with Duy Nguyen to discuss his wholesaling journey.

Show notes -- in this episode we'll cover:

  • Duy's background and how he got started in real estate.
  • Why Duy quit and how he managed to finally find traction.
  • Duy breaks down a deal.

 

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 ☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️

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

Click on a timestamp to play from that location

0:00.0

Hey, it's Jerry Norton. Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout.

0:07.9

We want to know how we're doing, so please leave a comment and give us a rating.

0:17.7

Dewey, it's exciting to be here on this recording with you and to hear about your journey, your story.

0:22.6

I was reading a little bit before bringing you on here about kind of your overview.

0:27.6

And it sounds like you kind of got started, then got discouraged and left, and then maybe came back and got discouraged a little bit,

0:33.6

which is very normal. That's part of the journey. Sometimes we get into real estate with these high expectations, and then we fall on our face. They don't, it doesn't turn out how we hoped or wanted or thought. And sometimes it takes a little bit of like coming back to it, you know, like maybe leaving, coming back. Tell us a little bit about your journey. What was that like for you getting started, getting discouraged, leaving, leaving coming back and then we're going to dive into how you had really

0:57.6

tremendous success sounds good thanks jerry for having me on here um my name is

1:03.1

duie newgeon long story short i have this couple wholesaling back in maybe early 17 2018 2018. At the time, I thought, there's no way.

1:15.6

This cannot be real. Because, you know, what everyone is making it seem like is so simple. You

1:21.1

make a contact with a homeowner, cool, you get at the price and you find an envoy who would

1:26.8

take it over for a higher price

1:29.2

and i just kind of put it on our back end and how could it be that easy how could it be that easy

1:36.1

yeah it didn't seem real and at the time i heard i knew what roly state was and i thought was just

1:44.0

being a real estate agent.

1:45.0

You know, you list a house and you potentially get a buyer.

1:49.0

But fast forward to 2019 where I was like, you know what, I just left college.

1:58.0

Things didn't work out.

2:00.0

Let me dive into wholesale. Let me study a couple of individuals.

2:04.6

Long story short, took me about six months to kind of like watch calls and just, you know, just over-thinking the whole process.

2:14.6

And fast forward to 2020, August, 2020 2020 that's when I committed to it

2:21.4

I grabbed a tax delinquent list from the county just have a few thousand

2:28.8

dollars saved up and I was afraid of cold call at the time so I just sent out

...

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