Skip to main content

David Olds

Jul 2, 2026

13:34
But as
13:35
you start adding partners, well, every deal starts getting cut like a pie.
13:38
So we started virtual wholesaling before it was a thing, before it was a word.
13:42
I think Chris Chico might have been the one to kind of coin it the first time.
13:45
But I'm like, well, you know, when I brought in this fourth partner, I'm like, well, we need to be in some other markets.
13:51
So we and we can definitely talk about market selection.
13:53
But we started going to a couple of other places and we we invented ways to lose money.

25 MINS LATER

39:19
And what they need is a step-by-step breakdown.
5:59
yeah
6:01
now i have time to go do the things that i like to do right so now for me once you know i hired heather who's now my coo she was my first real transaction coordinator years and years ago now is able to focus on my dispositions and the marketing right i was able to go do the things that i actually enjoyed and pour myself into that and really fine-tune that and you know make that just just absolutely shoot up off the charts so you know scaling is not always about this is something people get confused and i have seen people run their their company into the ground with this is they think they can just completely step away because they put somebody you know maybe in a spot where that's taking over some of their responsibility but the real real thing is and this is how we always approach it Is once I put somebody in now that other person, you know, can do a better job and go deeper on the things they're supposed to be doing, you know? So it's never, you know, wholesaling is in a, is in a business where you can just be disconnected.
6:51
I've seen people crash, you know? companies that were doing three, $4 million a year by buying into this.
6:57
I'm gonna get into the owner's box and I'm only gonna go in once every two weeks.
7:00
And it literally, it destroys itself in 90 days.
7:03
You have to be involved.
7:05
But the way that you grow and the way that you scale and make your life easier is by bringing in experts.

10 MINS LATER

17:11
You know, we have a lot of communication.

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.