• 335: $80,000 First Wholesale Deal

  • Apr 23 2025
  • Duración: 39 m
  • Podcast

335: $80,000 First Wholesale Deal

  • Resumen

  • Fayez Jangda didn’t find his first deal the traditional way—and that’s what makes this story so powerful. Instead of chasing distressed properties, he found a distressed wholesaler with a contract they couldn’t move. What happened next? A joint venture that netted Fayez $80,000 and launched his investing career. In this episode, he shares the unconventional approach he took, how he scaled from one deal to doing a deal a day, and why novations became a major part of his strategy.

    KEY TALKING POINTS:

    0:00 - Intro

    0:52 - An Overview of Fayez Jangda’s Business

    2:28 - Making $80k On His First Deal

    7:46 - How He Approached Wholesaling Like A Commercial Project

    12:06 - Why He Started Wholesaling In The First Place

    16:02 - Experiencing Struggles As An Entrepreneur

    17:10 - Finding His Next Deal

    19:36 - How Novations Grew To Be A Big Part Of His Business

    25:19 - Do You Have To Be An Agent To Do Novations?

    26:51 - What Novations Allow You To Do As An Investor

    29:12 - What He’s Looking Forward To Most In 2025

    30:47 - The Hard To Get Data That Fayez Is Looking For

    38:38 - Outro

    LINKS:

    Instagram: Fayez Jangda

    https://www.instagram.com/tecknofj/

    Website: Fayez Jangda

    https://winwinhomes.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/

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