Rental Property Owner & Real Estate Investor Podcast · Rental Property Owners Association with Brian Hamrick

From $50K/Month to 50/50 Flip: How Dedric & Krystal Polite Turned Real Estate into a TV Hit

·32 min·3 clips

They put $16,000 on a credit card for a mastermind while still living paycheck to paycheck.

Dedric and Krystal Polite, stars of the A&E and Hulu show "50/50 Flip," join host Brian Hamrick to share their journey from financial struggle to building a multi-million dollar real estate business. The couple details their transition from corporate jobs to full-time investing, emphasizing how they work together as a team. They began with humble backgrounds, with Dedric raised in Section 8 housing and both coming from single-parent households. Their initial foray into real estate involved a $5,000 mentorship with a fix-and-flip expert in Charlotte, who advised them to build capital first. They then invested $16,000 on a credit card to join a high-level mastermind in St. Louis called Fast Track, despite being "thousandaires" among seven-figure investors. For over a year, they marketed aggressively using cold calling, ringless voicemail, texting, and postcards without closing a single deal. Their first deal was an $11,000 wholesale found on Facebook Marketplace, involving a property inherited by a seller's daughter. A second deal netted $5,000, and a third virtual wholesale in Boston while living in North Carolina earned them $105,000. That large wholesale deal provided the capital to rapidly acquire 18 rental properties within three months. A surprising insight is that they had never flipped a house before doing their first one on national television. They credit their mastermind for providing crucial accountability and access to experienced investors, which ultimately humbled them and shortened their learning curve. The Polites reveal the TV show producers found them through Instagram after contacting them for over a year, and they initially went through the interview process without intending to actually get selected. Their business now includes a diverse portfolio of single-family homes, multifamily units, a 37-lot mobile home park, commercial buildings, and vacant land for development. They operate with a largely outsourced team, using third-party property managers and virtual CFO and COO services. The tone is conversational, motivational, and educational, blending personal storytelling with practical business advice. Listeners interested in real estate wholesaling, house flipping, or building a family business will find this episode packed with actionable steps and inspirational grit. Those seeking highly technical investment analysis or skeptical of reality TV narratives might find the content less aligned with their interests.

As heard by us

A couple's real estate climb, told through deal milestones that actually matter.

The episode tracks the Polites' jump from house wholesaling to a multi-million-dollar rental portfolio with clean, concrete markers: $100 earnest money, an $11,000 first deal, a $5,000 second, and a $105,000 virtual wholesale that widened the business.

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Why you'd press play

You want the deal math behind a couple who scaled from wholesaling to rentals.

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