Most house flippers shut down their business when they burn out or move on — but what if you could sell it instead? In this episode, David talks with Andrey Sokurec, CEO of Homestead Road, who’s on a mission to buy top flipping businesses and turn operators into millionaires. They dive into what makes a business sellable, how to structure your exit, and why so many investors leave life-changing money on the table. If you’ve ever wondered what the endgame looks like in real estate, this is your roadmap.
KEY TALKING POINTS:
0:00 - Intro
0:26 - Andrey Sokurec’s Background
3:39 - The Type Of Businesses That Andrey Sokurec Is Looking For
9:32 - Having Systems Across Multiple Businesses
13:36 - Creative Pay Structure For Executives
17:58 - Auditing A House Flipping Business’ Financials
19:10 - Are House Flipping Businesses Worth More Than Wholesale Businesses?
22:54 - What Homestead Road Does
26:38 - What He’s Learned From “Mike The Billionaire”
27:39 - His Training Product That He’s Building
30:17 - Where To Find Andrey On Social Media
30:32 - What Makes Him Want To Have A Billion Dollar Company
33:05 - Andrey’s Final Tips
36:27 - What He Hopes To Learn From CG
37:09 - Outro
LINKS:
Instagram: Andrey Sokurec
https://www.instagram.com/officialandreysokurec/
Website: Homestead Road
https://www.homesteadroad.com/
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/