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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Slow Growth Starting Out in Real Estate

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5884 Ratings

🗓️ 31 May 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

This is how Ray got his first deal... We want to coach you at Wealthy Investor! For a free consultation, go to http://www.wealthyinvestor.com/case-study/yt ______________________________________________________ Looking to grow in your faith and business? Join the premiere community for Christian entrepreneurs and business people. Develop your leadership, discipleship, and your faith at https://wealthykingdom.com/ Are you an entrepreneur who wants to build their personal brand on social med...

Transcript

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0:00.0

So you started cold calling and what happened what's your first deal look like?

0:06.8

So I got my first deal so I made a little deal with Ryan just to kind of light some fire

0:15.1

under my butt right so this was around November 16th that I started cold calling and I

0:21.1

told Ryan I said hey I'm gonna get a deal by the end of the year or else you don't

0:27.0

owe me my salary for the social media stuff the first month of 2022 or 2021 excuse me yeah and so he's like all right bet like you know what

0:38.0

does he have to lose yeah so I started making phone calls middle of November and on December 23rd I locked up a deal

0:47.6

Again, I was cold calling and then I had a little CRM

0:50.8

Yeah, a spreadsheet that I had, right?

0:54.3

And then I was like following up with this lady

0:56.3

who I took her through the four questions

0:58.5

that I knew I needed to ask, like, all right,

1:00.4

why do you want to sell?

1:01.6

You know, all those things. And I followed up with her and on December 23rd I locked her up and I remember just like I remember the feeling like I almost cried and just thinking about it. I'm oh I'm almost gonna, I'm not gonna almost at a tear but I could

1:14.6

So December 23rd I lock it up and I before I locked it, I had sent the address to Sean Bob and I was like, hey,

1:25.6

like, what do you think the ARV is on this thing and like, where do I need to get this property for?

1:30.3

And so he told me the numbers and whatnot.

1:32.6

And I locked it up at a price that would have been a $90,000 assignment fee.

1:37.8

Oh, well, like, bro.

1:38.8

Imagine being 20 years old, right, locking up a deal with a 90K assignment and granted I was going to like to keep all 90 of that

1:46.2

because I was calling on like Ryan's lists and you know but I knew I would have gotten a chunk of it like

1:52.1

hey I cold called it I followed up I locked it up myself like I knew I was going to make some sort of money on it right yeah or so I thought anyway

1:59.6

We put like a quick close we put a seven day close on it for to close December 30th.

...

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