Scaling Driving for Dollars to $25,000 a month

[Martin Bastida]

I’ve invested a lot of time into learning about all the different techniques used to make money in real estate and I’ve been doing a lot of wholesaling. From what I’ve read on forums and from asking other wholesalers, the typical conversion rate when driving for dollars is 1-3%.

For instance if I find 400 properties a month. At 1-3% I’ll be able to close 4-12 deals a month. If on average I make $3,000 a deal, it would take me 8 deals to make $24,000 a month. I would have to locate and make offers on 800 properties a month.

I have some ideas on how to scale this to be able to 800 leads a month by driving for dollars. How does this plan sound to you? What would you do different and why?

[Anthony Dadlani]

@Martin Bastida

Gearing up your deal flow is excellent, I am just curious as to are you able to offload that many properties in a month to your buyers.

 Would love to have a conversation with you about your experiences and business. Please feel free to reach out to me and schedule a call. Best of luck in all your endeavors.