498: 2 Deals A Month At Age 17—Why He Chose Foreclosures
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About this listen
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/