Rob Schimmenti is flipping houses in New York City — one of the most competitive real estate markets in the country — and closing 15 high-margin deals per year primarily through driving for dollars. In this episode, he breaks down his real numbers, how he generated nearly $3M from 26 deals, why his driving-for-dollars list produces bigger spreads than PPC or high-equity lists, how he calculates ROAS, and the simple postcard tweaks that improved his response rates. If you want to compete in a saturated market without a massive team or complicated funnels, this is a practical look at what’s actually working.

KEY TALKING POINTS:
0:00 - Intro
0:50 - Rob Schimmenti’s Business
1:42 - Learning From Alex Hormozi
3:28 - His First Deal Under Contract
7:22 - Fractional Ownership Process
10:11 - Finding ROAS & His Next Deal
13:30 - Closing Costs In NY
14:35 - What His Team Looks Like
16:21 - Driving For Dollars
20:28 - D4D vs List Building
23:11 - How He’s Improved His Postcards
26:57 - Where To Find Rob & Closing Thoughts
29:07 - Outro

LINKS:

Instagram: Rob Schimmenti

https://www.instagram.com/robschimmenti/

Website: Cash 4 Keys

https://www.cash4keys.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

If you’ve ever had a seller question your assignment fee at the closing table or a title company push back on how you’re structuring your deals, this episode is for you. Peter Russell breaks down exactly how double closings work, how transactional funding fits into the process, and why more wholesalers are using this strategy to protect their spread and adapt in states where assignments are coming under closer scrutiny. You’ll hear a simple step-by-step example, when to bring in funding, and how to close clean without exposing your profit.

KEY TALKING POINTS:

0:00 - Intro

0:41 - How Double Closing Works

5:28 - The Need For Transactional Funding

11:35 - How To Find Peter Russell’s Company

13:34 - Why You Don’t Need Good Credit

15:19 - Outro

LINKS:

Instagram: Peter Russell

https://www.instagram.com/peterussell.official/

Website: Velocity Advantage Capital

https://www.velocityadvantagecapital.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

A lot of wholesalers try to market to everything at once and end up mastering nothing. Porter Krumpe is 17 years old and already generating one to two deals a month by focusing on one niche: foreclosures. In this episode, David sits down with Porter to break down why he chose that lane, how he works inside tight auction timelines, how he structures holdbacks to solve real seller problems, and what he’s learned from leaving money on the table early on. If you’re already doing deals but feel scattered, this conversation is a reminder that focus might be the real advantage.

KEY TALKING POINTS:

0:00 - Intro

0:46 - Porter Krumpe’s Business

3:41 - Why He Door-Knocks

5:03 - Why He Started Wholesaling

9:05 - Being An Entrepreneur At A Young Age

12:35 - Why Wholesaling Was Better Than Window Cleaning

14:03 - Starting With Foreclosures & Using Holdbacks

22:08 - Focusing On One Marketing Method

23:50 - Leaving Money On The Table & His Goals

27:04 - His Postcard Business

31:23 - Talking With Sellers In Foreclosure

36:45 - Recent Deals & Racing

42:02 - Where To Find Porter

42:27 - Outro

LINKS:

Instagram: Porter Krumpe

https://www.instagram.com/krumpeporter

Facebook: Porter Krumpe

https://www.facebook.com/porter.krumpe.489098

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/