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166: The Path From Wholesaling to Flipping Houses on TV with Dedric and Krystal Polite
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Going all in on a mastermind could be an expensive mistake or a brilliant way to ensure you take your real estate investing business seriously.
On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Dedric and Krystal Polite, a home-flipping couple who wound their way from wholesaling to flipping “50/50 Flip,” a Hulu and A&E show. Dedric and Krystal are real estate investors, entrepreneurs, mentors, and the owners of Be Polite Properties, a home-buying and acquisition company that is growing into other markets.
Jonathan, Dedric, and Krystal start their discussion by delving into when the real estate bug hit both Dedric and Krystal. They explore their roles in the business, the strategic plan they used to leave their corporate day jobs, and how they operate a virtual wholesaling business. You’ll hear why leveraging social media is a critical part of their business, how investing in an expensive mastermind helped them get serious, and why the power of association can help you succeed. Jonathan, Dedric, and Krystal explain the importance of creating a qualified team to help manage your business as you scale, how they landed their “50/50 Flip” show, and how they approach landlording to attract high-end and high-quality tenants.
Dedric and Krystal wanted out of the corporate grind, and when they went all in on real estate, they discovered how well it could work for them. They love helping others learn how to be successful and share some of their secrets to making it work.
In this episode, you will hear:
- When the real estate bug hit Dedric and Krystal Polite
- Krystal’s role as the visionary and Dedric’s as the integrator
- How they strategically planned to leave their jobs once they got into real estate investing
- Their virtual wholesaling business and how they stay on top of what’s happening in various markets
- Leveraging social media to build a virtual business
- Investing in masterminds and taking value away from them
- Why the power of association can help you succeed
- What networking can offer to new investors
- The property that got the Polites started on their journey
- Building relationships now to create opportunities later
- Creating a qualified team to surround you as the business grows
- The genesis of Dedric and Krystal’s show, “50/50 Flip”
- Attracting high-end, long-term tenants with high-quality materials and using short-term rentals to subsidize creating more affordable long-term properties
- Landlording properties as though their moms are living in them
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If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/166/ to download it.
Supporting Resources:
Be Polite Properties website - www.politeproperties.com
Find Be Polite on YouTube - www.youtube.com/@BePolite
Dedric Polite on Instagram - www.instagram.com/dedricpolite
Krystal Polite’s Instagram - www.instagram.com/mrsbepolite
Connect with Dedric on LinkedIn - www.linkedin.com/in/dedricpolite
Connect with Krystal on LinkedIn - www.linkedin.com/in/krystallpolite
Join the Polite Wealth Portal - politewealthportal.com
50/50 Flip - www.aetv.com/shows/50-50-flip
Website - www.streamlined.properties
YouTube - www.youtube.com/c/JonathanGreeneRE/videos
Instagram - www.instagram.com/trustgreene
Instagram - www.instagram.com/streamlinedproperties
TikTok - www.tiktok.com/@trustgreene
Zillow - https://www.zillow.com/profile/StreamlinedReal
Bigger Pockets - www.biggerpockets.com/users/TrustGreene
Facebook - www.facebook.com/streamlinedproperties
Email - info@streamlined.properties
Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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