Podcast Episode

582: $1M in Assignment Fees Year One, Now She Double Closes

The DealMachine Real Estate Investing Podcast·David Lecko, Ryan Haywood·31 August 2026·33 min

About this episode

Carly Stagge left corporate finance at JP Morgan and did $1 million in assignment fees her first full year in Denver. She explains why her company double closes every deal now, and how transactional funding moved their average fee from $17,500 to $25,500 in a single month. She also covers what a double close does that an assignment cannot, including the ability to renegotiate price with the seller, and why assignment fee laws in states like Pennsylvania and Ohio are pushing wholesalers toward it.   KEY TALKING POINTS: 0:00 - Intro 3:11 - Carly's Million-Dollar First Year 5:23 - Why Wholesaling Became Addictive 6:59 - Finding Deals in Colorado 8:45 - Marketing & Direct-to-Seller Methods 9:53 - Double Closing as Free Marketing 11:50 - Bigger Spreads Through Double Closing 15:34 - Building Your Own Capital 17:01 - Keys to First-Year Success 19:19 - Overcoming Fear of Spending Money 20:35 - Networking & Learning From Mentors 23:34 - Starting the Transactional Funding Fund 26:16 - Career Path: Finance to New Western 28:03 - Goals for the Funding Company 30:47 - Most Rewarding Deal Story 32:49 - Where to Find Carly & Outro   LINKS: Instagram: Flip Fund Capital https://www.instagram.com/flipfund_capital/   Website: Flip Fund Capital https://www.flipfundcapital.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/