Episode 36: Brian Trippe Reveals How to Get Your First Real Estate Deal With Little Money

What if you don't have much money but have plenty of time?

In this episode of the Get Wealth Show, Michael Hoang sits down with Birmingham, Alabama real estate investor Brian Trippe to break down how brand-new investors can get their first deal, find motivated sellers, build a network, and start investing without waiting until they have a pile of cash.

Brian shares how he went from discovering real estate investing in 2012 to making $10,000 on his first wholesale deal just 45 days after learning about wholesaling. He explains how he found the deal through Craigslist, negotiated with the seller, found a buyer, and figured out the transaction along the way.

The conversation then dives into Birmingham's cash-flowing real estate market, driving for dollars, finding vacant properties, making offers consistently, building buyers and private-money lists, and why taking action and failing forward is more important than endlessly consuming educational content.

Brian also explains why new investors should ask experienced people for advice instead of asking them for money or to "pick their brain," how to get the most out of real estate meetups, why community can be more valuable than a mentor when you're starting out, and how to determine the best real estate strategy based on whether you have more time or money.

Chapters

00:00 – Meet Brian Trippe
02:01 – Why Birmingham Is a Cash-Flow Market
08:25 – How to Get Your First Deal
12:05 – Why Every Deal Starts With a Great Deal
14:42 – Take Action & Fail Forward
18:55 – Your Success Depends on Making Offers
20:18 – Brian's First $10K Deal
25:50 – Where to Find Deals Today
29:27 – Build Your Own Exclusive List
30:46 – What to Do With Money vs. Time
35:37 – Ask for Advice, Not Money
39:30 – Why You Shouldn't Hire a Mentor Yet
40:44 – Why Community Matters More Than Mentorship
45:14 – How to Maximize Real Estate Meetups
49:05 – The Books That Shaped Brian's Business
54:03 – Using an IRA to Buy Real Estate
57:26 – Brian's Biggest Give
59:17 – Brian's Biggest Real Estate Regret
01:02:12 – Brian's YouTube & In-the-Field Series

01:04:25 – Closing

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Connect With Brian TrippeConnect:

Brian Trippe is active across social media under Brian Tripp Real Estate, including Facebook, YouTube, Instagram, and TikTok. He specifically recommends Facebook for direct messages.

Brian also produces his "In the Field" series, where he travels to properties and interviews investors about what they're actually doing in real estate.

Connect With Michael Hoang

Text Michael: 832-301-9672