143: Real Estate Agent vs Wholesaling

The DealMachine Real Estate Investing Podcast

Curious which is the best self-employed option for you in real estate?

Our guest Tony Roberts breaks down the pros and cons of his work as a real estate agent and also a wholesaler.

This is the podcast for 10xing your income and replacing your w2 with the power of real estate investing!

Key Talking Points of the Episode

00:00 Introduction

00:49 How much did Tony make on his first wholesale deal?

01:35 What is Tony’s background?

03:31 When did Tony realize that wholesaling is a real business?

04:23 Why did Tony decide to try wholesaling real estate?

05:27 How did Tony find his first JV partner?

06:39 How did Tony approach investors when he first started?

09:28 What challenges did Tony have with his first wholesale deal?

10:37 How does Tony handle seller conversations?

12:21 How can we start changing the stereotype of wholesaling?

13:52 How did Tony figure out the value of the property?

15:27 Where did Tony learn to calculate the ARV of a property?

19:15 How was Tony’s first JV deal structured?

20:42 How did Tony move forward after starting with JV deals?

23:50 What is Tony’s advice for everyone listening?

25:28 How can you connect with Tony?

Links

Document: JV Agreement

https://www.dealmachine.com/jv

Instagram: Backstreet Property Investment

https://www.instagram.com/backstreetpropertyinvestments/

Youtube: Backstreet Property Investment

https://www.instagram.com/backstreetpropertyinvestments