219: Vaughn’s $30K First Deal That Changed Everything
Vaughn turned his first $30K deal into a $1.3 million year—listen in to hear how he made it happen and the lessons he learned along the way.
The DealMachine Real Estate Investing Podcast · Vaughn Bethell, David Lecko, Ryan Haywood
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Show Notes
In this episode, we dive into Vaughn’s inspiring journey from his first real estate deal that netted him $30K to building a successful business generating over $1.3 million in his first year. Vaughn shares how he started with little cash, pivoted to overcome industry regulations, and used creative strategies to thrive in a competitive market.
KEY TALKING POINTS:
0:00 - Introduction
1:07 - Vaughn Bethell’s First Real Estate Deal for $30k
5:34 - How He Negotiated The Price Down With The Seller
7:08 - Why He Chose Wholesaling As A Business
8:46 - Why He Decided To Use Driving For Dollars To Generate Leads
9:46 - How Many Leads He Added Before Getting His First Deal
11:27 - Getting Around The Wholesaling Regulation in South Carolina
13:04 - Is Wholesaling Still Possible In South Carolina?
14:40 - How Much Vaughn’s JV Partners Make
15:51 - How Long It Took Him To Get To 7 Figures
17:17 - Getting to $1.3 Million In His First Year
18:41 - Lessons Learned From His Previous Business Experience
21:53 - Where His Business Is At Today
23:32 - The Markets That His Team Is Currently Focusing On
24:23 - Closing Thoughts For Newbies Trying To Find Their First Deal
25:17 - Outro
LINKS:
Instagram: Vaughn Bethell
https://www.instagram.com/vbethell
Links: Vaughn Bethell
https://linktr.ee/vbethell
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/