211: $70,000 On His First Wholesale Deal

Travis shares his experience of making $70,000 on his first wholesale deal and how he got started in wholesaling. He stumbled upon a unique property—a converted car wash with storage units—and reached out to a mentor for guidance. With little experience in analyzing commercial properties, Travis took a leap of faith and made an offer. The deal included the house and storage units, which he wholesaled for $400,000. Travis discusses his transition from the healthcare industry to real estate and the challenges he faced. He emphasizes the importance of taking risks and betting on oneself. 
 

KEY TALKING POINTS:

0:00 - Introduction

1:02 - Travis’ First Wholesale Deal

4:21 - Transitioning From Managing Hospitals to Real Estate

5:28 - Working With The Sellers On His First Deal

7:20 - How He Comped A Former Carwash Turned Storage Facility

8:14 - Utilizing His First Wholesale Check

9:18 - How He Met His Partner For That Deal

10:00 - Using A Business Credit Card

11:26 - Leaving The Safety Of A 9-5

15:47 - His Average Assignment Fee

16:39 - How He Sells His Deals Now

18:56 - How He Built His Team

20:13 - Where He Wants To Take His Business

LINKS:

Instagram: Travis Copeland

https://www.instagram.com/trav_cope

Website: Flavortown Properties

https://www.flavortownproperties.com/

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/