Meet Dustin Defrates

DeFrates was born & raised in Chicago. DeFrates discovered real estate freshman year at Marquette University in Milwaukee at an internship at Wangard Partners. He later transferred to the University of Illinois business school for finance specializing in commercial real estate. After U of I, Dustin moved to Az in 2003 fully expecting a residential market boom. He flipped hundreds of houses, built over 85 apartments & single family homes & with a recent college education assumed the market was going to crash in 2006 & dropped out early. Had a blast in Chicago for a couple years, came back to Az expecting to figure out how to take advantage of the crash. Started a brokerage in Summer 2007 with over 150 short sale listings, failed - the short sale model was too early. Became a licensed Realtor in 2008 & ended up saving over 300 people from foreclosure with short sales in 3 years. 2010-2012 bought 100 of the worst homes in all of Phoenix Metro & gut remodeled them all. DeFrates has since rolled that portfolio multiple times using 1031 & reverse 1031X fueled by his ability to produce consistent wholesale inventory. After stabilizing the brokerage, the portfolio roll & associated construction & property management operations, DeFrates co-founded Geopoint Data & The Call Gurus. ⁣