How Lupi G Turned a Run-Down House into a $15,000 Payday

How Lupi G Turned a Run-Down House into a $15,000 Payday

4 min max read

For the inspired and go-getters out there who've earmarked entrepreneurship as their true calling, today's story will resonate with your spirit of seizing opportunities. We've got a bona fide playbook on how one can build a fulfilling life, backed by the might of a proven business strategy. Welcome to a journey into wholesale real estate—a realm where your income doesn't just grow; it multiplies tenfold.

Today's blog is about the success story of our esteemed guest who, without spending a dime of his own money, made a staggering $15,000 from a single real estate wholesale deal.

The Breakthrough Deal

Imagine driving past your grandmother’s house, only to spot a decrepit house on the next street, and boom—that's your golden ticket. That’s exactly what unfolded for our guest, Lupi G, whose footsteps we're keen to walk in. But how did he navigate his way to the owner of this run-down residence?

Armed with the DealMachine app and nearly 2,000 to 5,000 leads, Lupi G didn’t just sit on this data; he harnessed the potential by skip-tracing the entire list. Now, here's the kicker—he initially outsourced the calling process to connect with the property owners. But after being told that calls were made when they weren't, it wasn't until Lupi G himself took the reins that he connected with the owner on the very first ring.

"It was an instant connection with me and the seller," Lupi G recalls.

Whether it was fate, timing, or plain old hustle, there’s something to be said about rolling up your sleeves and diving head-first into the grind.

Closing the Deal Without Opening a Wallet

The owner was $40,000 behind on taxes and just wanted to squash his arrears with a mere $2,000—far less than the property's actual worth. Enter Lupi G, whose negotiation finesse led him to purchase that property for $2,000.

But what's more intriguing is the resale. Selling the property wasn't your typical listings routine. A strategically placed yard sign donned with his LLC and contact details was like a moth to a flame for a pastor who lived nearby. It turns out this pastor, a seasoned real estate player with several properties to his name, had his eyes set on that very house.

In a delightful twist, Lupi recounts, "He asked if he could buy the house from me, and it was a done deal just like that."

No extensive marketing campaigns, no sales pitches. The buyer was right there, a few steps away, making the chase for a buyer virtually nonexistent.

Now, does that mean Lupi sold the house for just a smidge over what he paid? Far from it. He managed to flip the property for a cool $60,000—now that’s a sweet profit margin!


The Easiest Deal of Them All

After flipping through the archives of deals closed, Lupi G brings forth a memory, a deal that defined ease. It came via an escrow agent—a property that could’ve slipped through the fingers due to another buyer’s mishap. However, like a true opportunist, Lupi saw the failed closure as an open door.

With foresight and swift action—photos on Friday, contract on Monday—the property didn't just shift ownership; it converted into a sizeable $25,000 to $30,000 gain, split with his escrow agent. The takeaway? Establish good relationships with title companies; they might just funnel leads your way.

Wholesaling: A Life-Changing Endeavor

Before the real estate investing whirlwind, life for Lupi G was no nine-to-five grind. Surrounded by the entrepreneurial spirit, thanks to his father's line of tow trucks, Lupi always knew the hustle route was his path. But the hustle isn't just about the grind; it's about making tough calls, especially when life sends stark reminders that there's more beyond the streets.

Lupi's story wasn't just heard; it was felt. Amidst all the ups and downs, the real estate wholesaling game has offered life its fair share of paradigm shifts—a breath of fresh air.

The Journey Forward

As we sign off, remember that every journey starts with a single step. Or in Lupi G's case, a single phone call. Connect with him on his journey. Follow @global_l.u.p.i._g and be part of the change you wish to see in your life.

And remember, you're not alone in aspiring for a life-altering shift—every story shared, every deal closed, we're all in this together, and the DealMachine community is here to support you every step of the way.

Benjy Nichols

About Benjy Nichols

Benjy has been a media specialist at DealMachine for the last 2.5 years. He produces, writes, shoots, and edits our media content for our member's DealMachine and Real Estate education.