Join our community of RE investors on Skool here: https://tr.ee/JoinTheClub
WHOLESALING SECRETS REVEALED π π°
In this game-changing episode of The Real Estate Investing Club podcast, I dive deep with Chris Eymann from Sell Wholesale Houses, who built a massive $50 million hard money lending empire while simultaneously running a high-volume wholesaling operation! Chris reveals the exact systems, costs, and strategies that transformed him from a laid-off tech worker to a real estate mogul dominating the Phoenix and Florida markets.
THE FORECLOSURE FOUNDATION STRATEGY ποΈβ‘
Chris shares his unique origin story of starting at courthouse steps foreclosure auctions with just $60,000 borrowed against his house. This mathematical approach to real estate gave him the analytical foundation that would later fuel his success in both wholesaling and hard money lending. His transition from fix-and-flip to wholesaling happened organically when other investors started asking him to find deals for them.
REAL WHOLESALING COSTS EXPOSED ππΈ
Get ready for transparency! Chris reveals he pays $400 per lead in Phoenix through PPC campaigns and converts at a 1-in-10 ratio, meaning each contract costs approximately $4,000-$4,500. In Florida, leads cost $250-$300 with similar conversion rates. His monthly marketing budget ranges from $8,000-$15,000, plus $2,000 for ad management - proving that successful wholesaling requires serious capital.
THE MILLION DOLLAR FOLLOW-UP SYSTEM βοΈπ―
Chris exposes his aggressive lead nurturing process that ensures no opportunity falls through the cracks. His team makes three calls per day for three consecutive days, plus text messages, because missing that first inbound call drops conversion rates below 50%.
SCALING WITHOUT TRADITIONAL EMPLOYEES π₯π
Discover Chris's brilliant joint venture model that eliminates traditional employee management headaches. He partners with young entrepreneurs, providing marketing budgets while they handle sales, creating a win-win scenario. This approach leverages natural sales talent while maintaining operational efficiency and profitability.
HARD MONEY EMPIRE BUILDING π¦π
Chris reveals how he naturally evolved from wholesaling into managing $50 million in hard money loans. He originates loans at 12.9% and wholesales notes to private investors at 10% returns, creating a secondary market that provides consistent cash flow. His upcoming fund launch with bank leverage demonstrates advanced wealth-building strategies.
FAILURE AND RECOVERY WISDOM πͺβ‘
Chris courageously shares his biggest setback: losing $4.8 million in 2008 due to personal guarantees on $100 million in hard money loans. His recovery and current success demonstrate the resilience possible in real estate investing while providing crucial lessons about risk management and avoiding personal guarantees.
BEGINNER WHOLESALING BLUEPRINT π―π
For aspiring wholesalers, Chris emphasizes consistency as the key factor separating successful investors from failures. He recommends finding experienced investors who can provide underwriting assistance and earnest money deposits, allowing beginners to focus on acquisition while learning the business.
This episode destroys the myth that wholesaling requires no money and provides real-world insights into building multiple revenue st
Join our community of RE investors on Skool here: https://www.skool.com/the-real-estate-investing-club-5101/about?ref=44459ba83f5540f19109c8a530db4023
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you wonβt hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, youβve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.