Robert Leonard talks with Derrick Acuff about the lessons he learned from flipping and wholesaling real estate properties, how to manage many real estate projects and some horror stories at once, how to find good contractors for deals and what red flags to watch out for when hiring one, what his strategy is for finding off-market deals, and much, much more! Derrick is a father, entrepreneur, and real estate investor that owns the business, Frequent Home Buyers. He flips houses for a living to support his family, community, and other worthy causes. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 08:35 - Derrick’s transition to real estate full-time 12:46 - Derrick’s strategy when he first started in real estate and how it’s evolved 15:26 - What is real estate wholesaling? Can you do it without a lot of money? 19:36 - How does real estate wholesaling work? 27:05 - How do you find real estate deals? 29:06 - How can new investors get over being nervous when closing deals? 31:21 - How Derrick handled a recent deal that went bad and the lessons he learned from other real estate horror stories 38:33 - How to find good contractors and red flags to look out for 40:57 - What’s going well in Derrick’s real estate business 43:01 - How has social media impacted real estate? 45:43 - Where is the best opportunity for new real estate investors? 48:04 - Action Plan for listeners 51:57 - Derrick’s question for Robert ✔️ Subscribe to the Real Estate 101 show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/real-estate-101/flipping-wholesaling ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸 Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦 Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.