WIP 2096: He Made $350K on a Flip and Still Says Wholesaling Is Better

Are you tempted to stop wholesaling and start flipping every good deal that comes across your desk? In this episode, Brent Daniels sits down with Greg Helbeck, an 11-year real estate veteran who has completed over 350 deals across Washington and New York.

Greg explains why maintaining a lean, four-person team is the ultimate defense against market shifts and why flipping houses often destroys a wholesaler's momentum. You will learn how to get free deals from real estate agents, the exact direct mail strategy Greg uses to generate high-quality leads, and why the most profitable flips are simple cosmetic takedowns requiring less than $30,000 in work. Be a part of the TTP training program now.

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Show notes:

• (0:00) Beginning of today’s episode
• (2:16) Why flipping houses can be a trap that destroys wholesaling momentum
• (5:52) The 90-day survival rule and why maintaining a lean overhead is critical
• (8:03) How to apply the Profit First system to real estate investing
• (14:58) The Referral Playbook and getting free deals from real estate agents
• (16:58) Making a $30,000 assignment fee from an agent referral
• (20:32) Direct Mail Strategy and why sending standard postage letters beats postcards
• (25:01) The best niche lists for finding motivated sellers in high-tax states
• (31:10) Why the best general contractors refuse to work with amateur flippers
• (33:06) The Takedown method and why the most profitable flips need under $30,000 in work
• (36:24) The ultimate negotiation leverage by being fully prepared to buy the deal yourself

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Resources:

• Profit First
• Email Greg: gregatvelocityhousebuyers.com 
• Greg Helbeck on YouTube: @greghelbeck-rei 
• To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Want to know how top real estate wholesalers and investors are finding and closing deals in today’s market?

Join Brent Daniels, Todd Toback, Logan Fullmer, Gal Shmukler, Ryan Zolin, Brandon Jarvela and Brian North LIVE in Phoenix, October 8–9. Learn what’s working now with MLS deals, novations, title deals, multifamily, raising capital, sales and negotiation.

Seats are limited! Reserve yours before they’re gone:

 https://www.wincsuperstarretreat.com/