One Change Added $3 Million To Their Wholesale Business
Disruptors20 Syys

One Change Added $3 Million To Their Wholesale Business

AI Sales Agents That Get You Signed Contracts On Autopilot: https://objectionproof.ai/yt-bacMaximize Your Tax Returns AndGet Clarity On Your Financials With Our Tax Guyshttps://beccfo.com/BONUSGET 10% OFF ON INVESTORLIFTUse promo code DISRUPTORS.https://get.investorlift.com/disruptors/WANT TO BE A 100 MILLIONAIRE OR ARE ONE?Click here: https://objectionproofselling.com/millionaire Michael Yenke of Vertigo Real Estate Ventures and Carly Stagge of Flip Fund Capital flew in from West Palm Beach and Denver to sit down with Steve Trang on the Disruptors Podcast and share the single operational change that added $3 million in revenue to their wholesale real estate business in 2025. Michael started Vertigo after driving for dollars during COVID while working a corporate finance job in Boston, scaled across Colorado, San Diego, Raleigh and West Palm Beach, and has now doubled revenue three consecutive years running from $2 million to $4 million to $8.1 million. Carly came from JP Morgan and Marriott International before finding wholesaling at New Western where she did nearly 90 deals in her first full year, eventually becoming Director of Business Development at Vertigo before launching Flip Fund Capital as a transactional funding company built by wholesalers for wholesalers. In this episode Michael and Carly break down why switching from assigning deals to double closing was the one change that generated $3 million in extra revenue, how their average wholesale fee jumped from $17,000 per deal to $25,000 per deal just by changing how they structured the transaction, why double closing protects wholesalers from buyers and sellers going around them on the deal, how getting your name on the tax rolls through double closing generates inbound deal flow that eventually pays for your entire marketing budget, and why the assignment of agreement addendum laws in California forced them to discover a strategy that turned out to be their biggest revenue generator.Michael and Carly cover how they raised transactional funding from friends and family including a fraternity group chat to start double closing deals in San Diego where the average purchase price was $850,000 and traditional assignment methods were failing, why wholesalers spending $20,000 to $40,000 a month on marketing should seriously evaluate double closing because one or two inbound deals from the tax rolls each month covers the cost of funding entirely, the people and systems decisions that drove the growth from $2 million to $8 million including why putting your best sales person into management is one of the most common and most expensive mistakes in real estate, how Flip Fund Capital was born out of necessity when Vertigo needed reliable transactional funding and could not find an affordable solution in the market, why double closing gives wholesalers more negotiating power with sellers because you are the actual buyer on the contract rather than an intermediary assigning to an unknown third party, and how building the right recruiting and training infrastructure across offices in Colorado, San Diego, Florida and Raleigh was the foundation that made the revenue doubling possible in the first place.If this episode gave you one idea to make more money on the deals you are already closing hit subscribe because every week on Disruptors Steve Trang sits down with the operators investors and entrepreneurs who are actually building real wealth to bring you the unfiltered playbook for your first or next million. Follow Vertigo Real Estate Ventures on Instagram at @vertigo_rev and visit vertigorev.com to learn more about their wholesale and investment operations across Colorado, Florida, North Carolina and California, follow Flip Fund Capital on Instagram at @flipfund_capital and visit flipfundcapital.com to get fast reliable transactional funding for your next double close with same day wire capabilities and proof of funds letters available for wholesalers nationwide, and connect with Michael Yenke on LinkedIn at linkedin.com/in/michael-yenke-96aab799 and Carly Stagge at linkedin.com/in/carlystagge. Build real AI tools for your business in one day at REI Tech Unlocked by visiting reitechunlocked.com and unlock the money sitting in your CRM with Objection Proof AI by texting CASH to 33777.MICHAEL YENKE — VERTIGOLinkedIn: https://www.linkedin.com/in/michael-yenke-96aab799Vertigo Instagram: @vertigo_rev — https://www.instagram.com/vertigo_revVertigo website: https://www.vertigorev.comVertigo LinkedIn: https://www.linkedin.com/company/vrevCARLY STAGGE — FLIP FUND CAPITALLinkedIn: https://www.linkedin.com/in/carlystaggeFlip Fund Capital Instagram: @flipfund_capital — https://www.instagram.com/flipfund_capitalFlip Fund Capital website: https://www.flipfundcapital.comSubscribe for more disruptive conversations: https://youtube.com/@DisruptorsPodcastFollow us oniTunes/Apple Podcast and leave a⭐️⭐️⭐️⭐️⭐️reviewhttps://apple.co/31geW6HSpotifyhttps://spoti.fi/3oatzkYGive us a follow onInstagram: https://www.instagram.com/steve.trangTikTok: https://www.tiktok.com/@stevetrangFacebook: https://www.facebook.com/stevetrangTwitter: https://www.twitter.com/stevetrang#podcast #business #entrepreneur #realestate #realestateinvesting #realestatetips #realestateinvestment #realestateinvestor #realestateagent #company #investing #investment #finance #money #wholesale #wholesalerealestate #marketing #ai #artificialintelligence

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