# 540: $23K On His First Real Estate Deal (Here's What Worked)

Page: https://stenobird.com/podcast/the-dealmachine-real-estate-investing-podcast-5987793/540-23k-on-his-first-real-estate-deal-here-s-what-worked
Text version: https://stenobird.com/podcast/the-dealmachine-real-estate-investing-podcast-5987793/540-23k-on-his-first-real-estate-deal-here-s-what-worked.md
Podcast: [The DealMachine Real Estate Investing Podcast](https://stenobird.com/podcast/the-dealmachine-real-estate-investing-podcast-5987793)
Published: 2026-05-25T09:00:00+00:00
Episode link: https://the-dealmachine-real-estate-investing-podcast.simplecast.com/episodes/540-23k-on-his-first-real-estate-deal-heres-what-worked-uAMe3vxU
Audio file: https://cdn.simplecast.com/media/audio/transcoded/c6fdd2f0-394f-4e66-a08d-f6b7f68227de/489f2f6c-8495-4941-8b2a-7d4de9ed236c/episodes/audio/group/dfc516aa-cb80-44f5-949f-1ce3965f305f/group-item/a4d9b03f-f0ed-45f1-b595-3b096ec9f435/128_default_tc.mp3?aid=rss_feed&feed=tnu2_IWH
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Duration seconds: 2271

## Resource

Tim Warner documents his years-long journey to his first wholesale deal, a $23,000 assignment fee in Eugene, Oregon, and breaks down every step from finding the lead to navigating a double close.

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## Transcript

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