212: Wholesaling Is The Starting Point

The DealMachine Real Estate Investing Podcast

Max Vollmer shares his journey from starting with no experience, connections, or money to building a successful real estate development business. He started by wholesaling vacant land and quickly made $25,000 on his first deal. Over time, he transitioned into fix and flips and eventually focused on new construction. He now has $147 million worth of homes under construction and has built a team of 25 employees. Max emphasizes the importance of finding the right location and being specific in what you buy. He also discusses the challenges and rewards of transitioning from wholesaling to development.

KEY TALKING POINTS:

0:00 - Introduction

1:15 - Making $25,000 On His First Wholesale Deal

4:46 - Juggling School While Starting In Wholesaling

6:25 - How He Found His First Deal & How He Marketed It

7:31 - Why He Stopped Wholesaling

10:28 - Switching Over to Building New Construction & His Strategy

14:24 - Is New Construction More Involved Than Flipping?

18:16 - How Long It Took Him To Get Here & Cash Conversion Cycle

23:17 - What A Day In The Life Looks Like For Max

24:59 - How to Find Max On Socials

25:17 - Outro

LINKS:

Instagram: Max Vollmer

https://www.instagram.com/max_vollmer

Website: Vollmer Coaching

https://www.vollmercoaching.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/