Eric Field of Big Door Home Buyers joins us to share how he has successfully built his real estate wholesaling business!
Eric jumps right in by explaining how he got into wholesaling and how he scaled his business! He provides tactical advice on marketing, wholesaling overhead expenses, and estimating rehab costs. Eric shares wholesaling horror stories and his biggest lessons learned from underwriting mistakes. He closes with an outlook on fine tuning his business to further propel growth!
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02:05 Housing Provider Tip - Do not skip final walkthroughs and do them on closing day!
03:37 Intro to our guest, Eric Field!
12:33 Starting a wholesaling business.
22:03 Effective marketing strategies.
30:45 Overhead expenses for wholesaling.
34:13 Crazy wholesaling stories!
41:39 Eric’s biggest underwriting mistakes.
51:26 Tips for estimating construction costs.
54:16 Business outlook for Big Door Home Buyers.
55:28 What is your competitive advantage?
55:45 One piece of advice for new investors.
56:10 What do you do for fun?
56:24 Good book, podcast, or self development activity that you would recommend?
56:50 Local Network Recommendation?
56:26 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Eric Field
Guest Company: Big Door Home Buyers
Guest Link: https://bigdoorhomebuyers.com/
Other Links for show notes:
SUCI Ep 253 - Jeff Nydegger (Kendall Partners)
Never Split the Difference (Book Recommendation)
