092: JP Haggarty Made 5x his W2 Income in 3 Months

Does it bug you that no matter how hard you work at your job, you still get paid the same?

JP Haggarty was working in sales at the Ford dealership and felt financially restricted.

In three and a half months, he has made five times more than he was making in any single month of that Ford dealership.

He made $35,000 by wholesaling real estate: finding a run down house and making a finders fee for an investor.

He's done a $29,000 deal, too. He's done six deals total with the average being $25,000 finders fee just for finding a rundown house.

This is the podcast for 10Xing your income and replacing your W-2.

My name's David Lecko and I created a process that's helped people close 10,000 deals in all 50 states that turned into the software platform deal machine.

And my co-host is Ryan Haywood. Who actually took a 14 day challenge back in 2019, and now he's done 422 deals. So we're gonna lead you through this exciting story so you can do the same.

Key Talking Points of the Episode

00:00 Introduction

01:19 How did JP find his first wholesale deal?

02:31 What was JP’s conversation with the seller like?

04:12 How did JP negotiate the price of his first wholesale deal?

05:25 Where did JP get a contract for his first wholesale deal?

06:47 How did JP find a buyer for his first wholesale deal?

08:32 What challenges did JP face on his first wholesale deal?

09:45 How can you ensure that you will get paid your assignment fee?

10:21 What is JP’s background?

11:03 Why did JP decide to get involved in real estate?

13:28 What are JP’s goals for 2024?

15:13 How did JP present his first wholesale deal to sellers?

16:16 How did JP come up with the rehab value for his first wholesale deal?

18:06 What are the top 3 areas of wholesaling JP’s mentor help him with?

20:26 How can you connect with JP?

Links

Document: Wholesaling Contract

https://www.dealmachine.com/contract

Instagram: JP Haggarty

https://www.instagram.com/jphaggarty

Podcast: 088: How To Sell Your Real Estate Wholesale Deal with Ryan Haywood

https://podcasts.apple.com/us/podcast/088-how-to-sell-your-real-estate-wholesale-deal-with/id1667656532?i=1000639431916

David's Social: @dlecko

https://www.dealmachine.com/pod

Ryan's Social: @heritage_home_investments

https://www.heritagehomeinvestments.com/