If you don’t come from a real estate background, it might be hard to make that jump into your first deal. If you came from extremely humble beginnings, it might be even harder. Building the life that you want requires you to make goals that scare you, just a little. If your goals are more important than your fear, then you’ll be able to succeed in spite of a little rejection along the way.
Aspiration is power with purpose, and it doesn’t wash off in the shower like inspiration does. But how do you find aspiration? I talk with Frank McKinney about how he moves past fear into the unknown, how faith informs his business decisions, and his ATV approach to life. He shares his “why” that drives his real estate investing, and how you can join him in building houses in Haiti.
A good real estate lawyer can help you set up an LLC. A great real estate lawyer can help you structure your business in a way that helps you eventually scale up without the normal hiccups that come from growth. Join me as I talk with two great real estate lawyers about how they help their clients grow their businesses from the ground up.
I take a step back today to look at national real estate trends as a whole with Daren Blomquist from Auction.com. They collect massive amounts of data, sift through it, and help you understand what’s going on in your market. We talk over the numbers from Q4, and he gives us some predictions for foreclosures, hot markets, cooling markets, and distressed properties.
With the experience of over 1500 podcasts and a mastermind, Mike Hambright knows the key traits of elite investors. He shares his insights with us today, why finding your core mission matters, and how he’s used these traits to challenge himself in his own business.
With a finite amount of hours in the day, we are limited with the number of one-on-one lunches we can have to drum up new deals. It can make it really difficult to reach more people, talk to more investors, or coach more real estate deal-makers when you’re controlled by time. This is why it’s important to start thinking strategically about how you can take your message to a bigger audience.
While you’re building a real estate team, bringing a real estate attorney on early and keeping him in the loop can smooth out any potential legal snags you may run into. Ohio real estate attorney David Streeter shares some best practices for what you’d want your attorney to keep an eye on during your deals, and the biggest mistake real estate investors make with their attorney.
Getting called by an SEC regulator could be the beginning of a dark chapter in your real estate career, but if you are prepared with an airtight disclosure, it’s not going to be a big deal. Syndication attorney Mauricio Rauld knows exactly how to keep you compliant and safe so that you can continue to work your deal-making magic on this side of a jail cell.
Despite technology’s huge importance in a business, people are still what makes a business grow. If mediocre performances seem to follow your team around, then Rick Crossland’s advice for building an A team is something you do not want to miss. Build a better recruiting system that finds and retains the absolute best employees who will take your business to the next level.
Losing a $50 million dollar portfolio in the real estate crash seems like a cataclysmic event that no one could recover from, but not for Rod Kleif. He has used his goal setting and visualization techniques to rebuild his real estate empire, and he offers up actionable ways that you can too. We talk about the definition of true success for every entrepreneur that is measured by how we give back to our communities, and not just by how many homes we own.