13 - How One Wholesaler Grew His Net Worth Over $250k in 2 Months!

Jul 15, 2021

Before he started doing real estate full-time, Michael Brown was working for his family’s business in Kentucky. He started with flips and rentals and then switched to wholesaling. After taking my course, he got his systems in place and increased his portfolio. His business has really ramped up these last 6 months!

In this episode, Michael shares how he learned about wholesaling, how he finds deals. He also breaks down his 3 most recent deals—which have upped his net worth to over $300,000—so that you, too, can replicate his success.

Key Takeaways

• Wholesaling is hard work but not labor-intensive
• On BRRRRs, amortization, and five-year balloons
• On Michael’s 10-unit multifamily deal
• On his 3 bed, 1 bath single-family property
• Stay focused and don’t chase the dollar

Resources

• Driving For Dollars Mastery
• Record Wholesale Deal - Success Story With Michael Brown
• Amortization Schedule Calculator
• Wholesaling Challenge $40k in 40 Days Set-up - Day 1