BiggerPockets Podcast 444: 150 Deals at 22 & Putting Relationships Over Profit w/ Cole Ruud-Johnson

BiggerPockets Podcast 444: 150 Deals at 22 & Putting Relationships Over Profit w/ Cole Ruud-Johnson

Released Thursday, 18th February 2021
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BiggerPockets Podcast 444: 150 Deals at 22 & Putting Relationships Over Profit w/ Cole Ruud-Johnson

BiggerPockets Podcast 444: 150 Deals at 22 & Putting Relationships Over Profit w/ Cole Ruud-Johnson

BiggerPockets Podcast 444: 150 Deals at 22 & Putting Relationships Over Profit w/ Cole Ruud-Johnson

BiggerPockets Podcast 444: 150 Deals at 22 & Putting Relationships Over Profit w/ Cole Ruud-Johnson

Thursday, 18th February 2021
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It seems like young real estate investors get more and more impressive every week. Today we talk with Cole Ruud-Johnson, a wholesaler and flipper out of the Seattle area. The impressive part? He’s 22 years old and has done 150+ deals to date! Even at 22, Cole’s journey wasn’t a linear path, he had lots of ups and downs to get him to the level of success he achieves now.

Cole tried to be a real estate agent at 18, but wasn’t getting the hang of it. After failing at a couple of real estate brokerages, he entered into a third and learned how they were creating their own inventory via cold calling. He decided he’d give this a try, and partnered up with his friend to cold call for deals.

After three months, an agent brought them their first off-market deal. This first deal alone netted them $105,000. Yes, you read that right, six-figures on ONE wholesale deal. This wasn’t enough for Cole, he knew he had to get back out there and work on getting his next deal.

Cole’s small business grew to a small empire, but over time this pushed him into a massive burn out. He had to make some BIG changes in his business, many of which even business veterans wouldn’t be comfortable doing.

Now he’s here with us on the podcast, talking through his lean team, his deals, his systems, and how new wholesalers can start getting deals. Cole even throws in the script he uses to get wholesale deals over the phone, so if you’re thinking about getting off-market deals or starting your wholesaling journey, this is the episode for you!

Check the full show notes here: https://www.biggerpockets.com/show444

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The BiggerPockets Podcast is officially the #1 top rated and reviewed real estate podcast on iTunes. Watch our video podcasts here or check out all our shows on our main iTunes feed.The BiggerPockets Podcast cuts out the hype and BS, and delivers real, actionable advice from active real estate investors and other professionals in the industry. The show isn't about helping you get rich overnight or about selling you on some course, bootcamp, or guru system; it is about keeping it real . . . nothing more!BiggerPockets is a free community of over 1,200,000 monthly unique visitors who are like-minded real estate enthusiasts seeking to become better real estate investors. Whether you are just beginning your journey or have been investing in real estate for years, BiggerPockets.com is your free source of real estate investor education, networking, and dealmaking. The BiggerPockets Podcast, hosted by Josh Dorkin and Brandon Turner, is an extension of that community - bringing you incredible real estate investing training, interviews, tools, and tips each week to help you grow your business and build wealth. You won't find the latest and greatest self-proclaimed guru here on the BiggerPockets Podcast, but actual real-life, in-the-field real estate investors who are actually living the life they talk about. Be sure to check out BiggerPockets.com for more than 1,500,000 forum posts, 10,000 articles, and start connecting with over 450,000 other like-minded members for free. Whether you are a complete newbie, a house flipper looking to improve your house flipping skills, a wholesaler looking for insight into how make more money, or a buy and hold landlord looking to improve your real estate investing skills - the BiggerPockets Podcast will help you achieve your goals and get bigger pockets!

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