Crazy Sh*t In Real Estate With Leigh Brown

284 - From the Brink of Bankruptcy to Running a Successful Wholesale Business with Dan Brault

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Synopsis

When Dan Brault found out about a 19th-century luxury house, he immediately fell in love with it. Little did he know at the time that it would turn into his worst nightmare. Dive into this episode and learn how Dan overcame his biggest business failure and became CEO of one of the most successful wholesale companies in New York. Key takeaways to listen for How does the wholesale business work? Issues brought by eviction moratorium Criteria for setting a house price The most common mistake wholesalers make Mindset to come back from a business failure The importance of having a support system About Dan Brault Dan Brault got into real estate in 2015 while working full-time. He started acquiring some rental properties and flipping some houses on the side. After a year, he decided to leave his safe and secure 6-figure job to go full-time in real estate.  In 2018, after one failed new business he found himself over $400,000 in debt and on the edge of bankruptcy. Consequently, he decided to focus 100% on wholesali