Matthew Hintz shares how he made $30,000 on his first wholesale deal and how he started his business to help a friend. He explains the process of finding inherited properties at the courthouse and how they found buyers and closed the deal. Matthew also provides tips for effective cold calling and strategies to avoid spam filters and improve contact rates. He discusses the importance of driving for dollars and knocking on doors, as well as setting goals for the business. Finally, he talks about using DealMachine for granular mailing campaigns, and leveraging its features for unlimited contact info and routing.

Takeaways

• Wholesaling can be a lucrative business if done right, even for beginners.

• Driving for dollars and knocking on doors can be an effective way to find distressed properties.

• Building relationships with realtors can be beneficial for wholesalers.

• Using tools like Deal Machine can streamline the wholesaling process and improve contact rates.

• Setting specific goals and having a recovery mindset can lead to success in wholesaling.

Key Talking Points of the Episode

00:00 Introduction

01:02 How did Matthew make $30K on his first wholesale deal?

03:41 Where did Matthew meet his first business partner?

04:43 What was Matthew’s first lead source for wholesale deals?

06:33 How did Matthew reach out to the probate leads they listed?

07:46 What are the best ways to cold-call leads today?

10:48 How should you register the phone numbers you use for cold calling?

12:08 What is the best way to find success in driving for dollars?

16:57 What did Matthew do after closing his first wholesale deal?

19:09 How has Matthew’s driving-for-dollars process changed since his first deal?

20:33 What are Matthew’s goals for 2024?

Links

Free Trial: Deal Machine App

https://www.dealmachine.com/pod

David's Social: @dlecko

https://www.dealmachine.com/pod

FYP Podcast 201 - Carroll Catastrophe