05 - Reality Check - 5 Lessons Learned After a Year in the Wholesaling Business

Jun 17, 2021

Joining me on the show are Misty and Chris Arellano. This couple has managed to generate a little over $100,000(!) in revenue since they started their real estate business a year ago.

They’re an example of what you can achieve when you have the right mindset and you find a good program with a community of like-minded individuals—like DFDM.

In this episode, Misty and Chris talk about their first and only flip, how they transitioned out of their cement business, and the struggles that they overcame this past 12 months. I also offer tips on marketing channels, hiring, and scaling a business.

Key Takeaways

• On hard money loans and working with contractors
• The pros and cons of doing full remodels and cold calls
• Automate and perfect the one marketing channel that you know works
• Hire people based on their core values
• Consistently track your key performance indicators (KPIs)

Resources

• Driving For Dollars Mastery
• The ONE Thing by Gary Keller with Jay Papasan