The DealMachine Real Estate Investing Podcast 073: When Your Side Hustle Makes 3X Your Job with Sawand Belcher
Do you feel like you're working twice as hard for the same amount of money at your W2 job? That's exactly how Sawand Belcher felt when he was selling cars and he had to sell 15 cars to make 7,500 bucks and they changed the plan so he had to sell 25 cars to make the same amount of money.
He knew he needed to take things into his own hands. And so he found out about wholesaling real estate, which is a way to earn big checks from finding run down properties and passing them off to an investor which can make you a finder's fee of up to $25,000. It only took Sawand a few months before his side hustle made 3x more than his job.
Key Talking Points of the Episode
00:00 Introduction
01:51 How did Sawand find his first wholesale deal?
03:16 What was Sawand’s advantage when he bought his first wholesale deal?
05:06 How did Sawand’s debt-to-income interfere with his initial plan for the property?
08:02 What made Sawand want to do wholesaling full-time?
10:21 How did Sawand’s wholesaling business take off after he left his full-time job?
11:25 How will your first wholesale deal change your life?
13:15 What did Sawand realize after doing his first wholesale deal?
16:02 What is the difference between being an employee and a wholesaler?
18:10 What are the biggest benefits of wholesaling?
20:19 How much has wholesaling changed Sawand’s life?
24:20 What is the best way to connect with Sawand?
Links
Instagram: Sawand Belcher