• 223: How Luis Made $20K By Holding A Property For Just Two Days

  • Oct 9 2024
  • Length: 17 mins
  • Podcast

223: How Luis Made $20K By Holding A Property For Just Two Days

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  • Summary

  • Luis’s first real estate deal wasn’t without its challenges, but it earned him a solid $20K. In this episode, we break down how he navigated the process, from finding a motivated seller to securing the property and ultimately profiting on the sale. Luis shares the key decisions he made along the way and how he managed to turn his first deal into a substantial payday.

    KEY TALKING POINTS:

    0:00 - Introduction

    1:16 - Diving Into Luis’ First Deal

    3:35 - Partnering With His Friend

    5:25 - How Much They’ve Spent On Mail So Far

    6:35 - Still Working As An Agent After His First Deal

    9:06 - What His Partner Is Up To

    10:23 - How Much He Made From His First Deal

    13:44 - Why He Decided To Buy The Deal Instead Of List It Himself

    15:03 - Agents & Wholesalers Don’t Compete For The Same Deals

    15:26 - Luis’ Focus Moving Forward

    16:49 - Outro

    LINKS:

    Instagram: Luis Monroy

    https://www.instagram.com/looneylu401

    Facebook: Luis Monroy

    https://www.facebook.com/LuisMonroy401/

    Instagram: David Lecko

    https://www.instagram.com/dlecko

    Website: DealMachine

    https://www.dealmachine.com/pod

    Instagram: Ryan Haywood

    https://www.instagram.com/heritage_home_investments

    Website: Heritage Home Investments

    https://www.heritagehomeinvestments.com/
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Leadership Economics Personal Finance
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