Podcast:
Mar 27, 2025
The Real Truth About Wholesaling Real Estate | Roots Pod #6
Summary
In this episode of The Roots Podcast, founders Max Moore and Tyler Lingle sit down with Evan Manship, owner of Midwest Cash Offer and Mainstay Property Group, to break down the truth about wholesaling real estate—the good, the bad, and the misunderstood.
Evan shares how he went from having just $500 to building the largest wholesale operation in the Midwest. He reveals the secrets behind off-market deals, the biggest myths about wholesaling, and why compliance and licensing are more important than ever.
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🕒 Timestamps
0:00 – Intro 🚀
0:30 – Evan’s wholesale operation & business growth 📈
2:00 – First wholesale deal—how Evan accidentally made $12K 🤝
6:15 – What is wholesaling? Step-by-step 🔄
9:30 – Why wholesaling is controversial 🧐
12:15 – Compliance challenges & licensing ⚖️
15:40 – Why Mainstay double closes every deal 🏡
19:10 – Why first-time buyers should avoid off-market deals ❌
22:00 – Mainstay pays 3% to agents 💰
25:30 – Addressing reputation: Is Mainstay shady? 👀
28:10 – Evan on social media & industry drama 📵
30:30 – Buying vs. renting, recasting strategy 🏦
35:45 – Paid-off vs. leveraged rentals 📊
41:00 – Growth vs. security 💡
44:30 – Lifestyle, sobriety, brunch 🍳
47:15 – Business partnerships that last 🤝
49:00 – Finding contentment after success 🌎
