In this podcast episode, the host, Danny Martinez, is joined by returning guests, Alan Ginetto and Anthony Yonas. They discuss two real estate deals they were involved in. The first deal was a wholesale deal where they purchased a property for $70,000 and sold it for a profit of $69,000, doubling their investment. The second deal involved some challenges, including a neighbor fencing in the seller's lot onto his property, but they were able to sell it to the neighbor and make a $10,000 profit. Alan can be found on Instagram with the username "AllanHkto." The episode emphasizes the importance of marketing and persistence in real estate investing.
0:00: Introduction to the podcast by host Danny Martinez.
0:01: Introduction of returning guests, Alan Ginetto and Anthony Yonas.
0:28: They discuss a real estate deal they closed in June or July 2023, during a challenging time with little deal flow.
1:59: They share their stress and doubts about the deal before it closed.
2:28: The deal turned out to be successful, netting them a $69,000 profit.
3:00: Discussion of how land deals don't follow the typical 70% rule, but instead focus on retail prices.
4:16: Alan shares another deal story where the owner worked at a title company and they had to deal with property boundary issues.
5:02: They mention how this deal helped kickstart their real estate business with a $10,000 profit.
5:33: Alan's contact information on Instagram is shared.
6:00: Closing remarks, including a call to submit deals to The Hive Buyers Club.
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