#68 with Chase Craddock: Scaling to 40 Wholesaling Deals in Just 16 Months by Age 23

Millennial Millionaire Real Estate Podcast

English - September 08, 2020 20:49 - 45 minutes - 83.2 MB - ★★★★★ - 56 ratings
Investing Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: #67 with Jason Bott: Talks About How Insurance Works in Real Estate and What is the Cheapest Kind You Need

Next Episode: #69 with Jeff Greenberg: How to Raise Money for Student Housing Investments During Coronavirus

In this episode, Jonathan Farber interviews Chase Craddock on his road from his first deal with only $2500 to transitioning into multifamily for consistent cash flow. Chase is a Louisville, Kentucky wholesaler with around 40 deals done in the first 16 months. In this episode, we dig into topics like: why wholesaling, how to get started, automating your wholesaling process, and more!

Top Takeaways:

Benefits of wholesaling - 10:45 - 11:30

Wholesaling can be accessible because it scales with your budget

You can be the source of the leads and the work

Driving for dollars, cold calling, and following leads can all be done by one person

Getting started as a wholesaler - 11:45 - 14:00

Get the DealMachine app to create a list through driving for dollars

Upload the DealMachine list to a skiptracing site

Use XenCALL as a dialer

Transitioning to automated wholesaling - 16:45 - 19:00

One of the first tasks to automate is cold calling, through a combination of dialers and assistants

Finding someone to manage your lists frees up a lot of time to talk to motivated sellers