191: Making $112k as a 22 Year Old

The DealMachine Real Estate Investing Podcast

Armando struggled for 3 months, so instead of giving up, he worked for another entrepreneur. That gave him the confidence and skills to re-start his own business and he was able to make $112k last month in real estate wholesaling assignment fees. This is a great episode if you are looking for your first real estate deal and you feel stuck.

Key Talking Points of the Episode

00:00 Introduction

01:05 What was Armando’s first real estate deal like?

02:03 How did doing the first deal change Armando’s approach to wholesaling?

03:54 What are some of the most important things to tell sellers before an appointment?

05:27 How does the market influence your wholesale deals?

06:30 How does Armando and his team manage their cold calling strategy?

08:43 How has Deal Machine’s single line dialer helped Armando get better conversion rates?

10:02 When did Armando decide that it was time to hire a cold caller?

12:31 What is the importance of the quality of the data you’re using for marketing?

14:05 How does knowledge and experience build confidence in wholesaling?

15:49 What does the future look like for Armando and his business?

17:23 What does Armando want to achieve in his business?

19:20 How can you connect with Armando on social media?

20:01 What marketing strategy does Ryan’s coaching students use the most?

Links

Instagram: Armando Padilla

https://www.instagram.com/realarmandopadilla/

Website: Venture Pad Homes

https://www.venturepadhomes.com/

Website: Deal Flow Academy

https://www.dealflowacademy.com

Instagram: David Lecko

https://www.instagram.com/dlecko

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Deal Machine

https://www.dealmachine.com/pod

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/