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The Struggles of a $1 MIL Wholesaling Business w/ Christian Marin

“A lot of times people fail because they just don’t spend enough money in their marketing channels”

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In this REI Uncovered podcast episode, Christian will share…

  1. The New Money Syndrome and how to combat it
  2. What Christian business looks like now
  3. Using Pay Per Click (PPC) to get deals
  4. Christian’s favorite business books
  5. Closing the gap from 6 to 7 figures in your REI business.
  6. The 3 Mistakes He Made Growing His First $1 Million Business
  7. The Hire & Fire Trap that investors get caught up in

Christian’s Journey

Christian Marin started his real estate journey in 2012. It took him 2 years to get his own first deal! Fast forward a couple years…after getting his first six-figure deal, he started his own company in 2017. Christian was able to scale up his wholesaling business to over $1 Million per year in annual revenue.

When the pandemic hit in 2020, Christian made the tough decision to shut down his wholesaling business. He didn’t build it in a way that was profitable and manageable for him during this time. After some down time and reflecting, Christian restarted another wholesaling company, this time, with a smaller operation.

Scaling Up…Again

Christian needed to bring in revenue ASAP so he invested $15,000 over 3 months ($5k/mo) on 4 the best marketing channels for fast deals: direct mail, door knocking, bandit signs, and PPC. His first deal came via PPC (not surprised!!!) for $20,000. He reinvested everything back into marketing and increased his budget from $5k per month to $10k. This proceeded to bring more deals in and it grew from there. Within the first 6 months, Christian reinvested all of the profit back into in the business. He is now focused on his business, family, and working on his inner self. He’s living the life he manifested 9 years ago: own his first house, six figures per year, travel, be with his wife and kids. 

 

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