118: 23 Year Old Makes $20k Wholesaling A Vacant Lot

If you want to own apartment buildings, but don't have the money or skills yet...

Our guest today was inspired by Youtube to try wholesaling real estate: a strategy where you can earn big checks and build your skills by finding run down properties.

Or... in our guests case, he wholesaled a vacant lot!

Tune in to 10x your income and replace your W2 thru the Wholesaling Real Estate Strategy

Key Talking Points of the Episode

00:00 Introduction

02:41 How did a change in mindset help Carlos succeed in selling cars?

04:39 When did Carlos start wholesaling real estate?

05:23 How did Carlos learn about wholesaling land properties?

07:27 Why did Carlos decide to focus on the deals they had under contract?

08:13 What was it like for Carlos to close his first wholesale deal?

09:29 Why is it important to be resilient if you want to succeed?

11:26 What made Carlos decide to quit selling cars to wholesale properties?

15:02 How did Carlos find his first wholesale deal?

16:31 What is the best way to find wholesale deals today?

18:28 How can you start marketing to sellers?

19:20 How can you identify the value of land you’re wholesaling?

21:12 What are the biggest advantages of wholesaling land?

22:19 How can you get better at talking to sellers?

23:06 How can you connect with Carlos?

24:22 What are Carlos’ goals for 2024?

Links

Instagram: Carlos Hernandez

https://www.instagram.com/saint.hernandz/

David's Social: @dlecko

https://www.dealmachine.com/pod

Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/