EP 220: Wholesaling & Flipping 50 Deals in 3 Years with No Experience with Arvi Carkanji
Jan 27, 2022When you get into the real estate space with no experience but tons of determination, it’s a recipe for some incredible lessons to be learned along the way if you can adjust and move forward.
Originally from Albania, Arvi Carkanji started investing in real estate right out of college after finding out about it, and no matter the missteps never looked back.
She bought her first flip in 2019, renovated it, sold it and broke even. She then got a 2nd flip and a 3rd one, in which she ended up house hacking.
After 3 years of wholesaling and flipping deal after deal, Arvi, and her fiancé, realized that they were 50 deals in without having started with any experience!
Since then, Arvi took her experience and started laying the foundation to scale her business, Money Making Duo, focusing on marketing and creating wealth for others. She now has a team of 10 people who play crucial roles in the company.
In this episode, we're going to break down every lesson Arvi learned into actionable steps that will help you scale! So tune in and learn from her journey of wholesaling and flipping 50 deals in 3 years with no experience.
Quotes
• “I was like, you know what, I can do this. Whatever comes my way, I'm just gonna handle it.” (12:46 - 12:50)
• “The first thing that I learned is that I'm not good with contractors or handling budgets, you know, and inspections and all this other stuff. So I was like, I need somebody to help me do all of this.” (14:20 - 14:30)
• “So the main thing I did when it came to - alright, like this is serious, stop with all the BS; is to have a central system to handle all my leads.” (21:35 - 21:45)
• “Whether it's cold calling, or direct mail, or whatever it is, just be consistent in that. Whether it's 100 leads that you're calling a day or a week, just keep doing it, don't stop doing it, because that's going to convert into deals.” (26:43 - 26:57)
• “I always consider marketing as like the bloodline of the business and sales is like your brain. The two can not function without each other.” (29:08 - 29:15)
• “Hiring is so very crucial for your company and part of the foundation. If you have everything else in place, but you have the wrong person in the wrong position, it's still gonna cost you money.” (35:53 - 36:05)
Connect with Arvi Carkanji:
IG: @arvi.carkanji
Website: https://moneymakingduo.com/
Book recommendation:
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