Real Estate Investing Profit Masters by Cory Boatright

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Today we have another incredible guest: his name is Dave Payerchin. We met at the Collective Genius Mastermind, and he’s a part of Columbus turnkey houses. He and his partner RJ Pepino specialize in networking, raising capital, system automation and developing and maintaining those relationships.

More specifically, they deliver superior service for competitive pricing in Columbus for Ohio investors, and their team understands every aspect of turnkey process from acquisition to resell. So they’re equipped with knowledge and infrastructure to provide a seamless investment experience and a quality product whether it’s investing, lending, buying, selling, property management, or even the federally subsidized rental properties section 8 and they’re just an incredible team.

Dave’s company focuses primarily on single family homes, and sometimes up to two to four units. It’s a heavy cash flow market, and right now he’s doing great. He didn’t get to where he is without a fight, however, and that’s one of the things we discuss. Some of today’s other topics include:

  • How you can take control of your life with your attitude   
  • Why he’s developing the ownership mentality
  • Dave’s best Profit Masters investing strategy
  • The story behind how Dave and his partner have reached success as a team
  • Dave’s top reads and business app picks  
  • How real estate became less about the money, and more about self-development

We also dove headfirst into Dave’s past. He was a self-proclaimed glorified telemarketer, but explains to us the reasons why that job was actually a big learning stepping stone for him. He tells us that after making $180,000 in his first year in real estate, he was filing for bankruptcy and signing wallet houses shortly after. He mistook debt for revenue, and mistook debt in leverage, so listen up, because as we know, the smartest way to learn is from other people’s mistakes.

Our guest really emphasized the importance of staying positive and attracting what you want to achieve in life with your mind and your attitude. This is the breaking point for so many people, because there’s nothing stronger than your mind; what your brain says, goes. He explains how this and his spiritual development have been fundamental to his success.

“All of life is an internal battle.”

Another great piece of advice we were given today was to surround yourself with people that compliment your weaknesses, and build you up in your business. Personally, he talks about how his partner really helped him overcome his adversities; enough so that Dave quit smoking and drinking, and is now living a much healthier and happier lifestyle.

For more information about their business, you can visit the website in the links below, or e-mail them at info@columbusturnkeyhouses.com. If you’re interested in buying great cash flow properties in the Columbus area or have some money you want to start gaining interest on, don’t hesitate to shoot us a message.

Make sure to stay tuned for our next episode, where I’ll be interviewing Dave’s awesome business partner and best friend, RJ Pepino.

 

Links and resources:




Direct download: Episode_13_Dave_Payerchin_Turnkey_Master__in_Columbus_Ohio.mp3
Category:investing -- posted at: 6:00am EDT

I have an absolutely incredible investor today named Mitch Steven, out of Canyon Lake, TX.  He’s someone I met at the Collective Genius Mastermind. He’s a total rock star, and has been self-employed since 1996, having purchased over 1000 houses in the San Antonio area. He’s also a self-taught high school graduate, and he never stopped learning.

He specializes in owner finance properties to individuals left behind by traditional lending institutions and gives new life to properties that scar the neighborhoods, so he’s perfected the method of achieving cash flow without being a landlord or rehabbing properties.

He’s also mastered the art of private money, and the classic nothing down deal. This is someone with over 1100 doors in storage facilities breaks down his strategy, and you’re going to love it.

Today we dive into:

  • Why he started a career in real estate
  • The one strategy that made him a multi-millionaire
  • What he was doing before real estate and how it affected his current success
  • His worst deal and how he handled it like a pro
  • His Profit Masters Investing strategies and why they’re fool-proof
  • How he got good at saying “This isn’t what I do”
  • Why you should learn to delegate

Mitch is knocking if out of the park, currently dealing with a lot of owner-finance issues. We go through and talk about what he specifically focuses on in real estate. He does everything, but we talk about his main gigs and why he chose real estate as his main endeavor.

Finally we discuss establishing owner-finance value, creating your own value and owner finance strategy. We broke it down into how to get your owner-finance price, FAK funds and the importance of not over leveraging.

Make sure to listen closely and see how you can get your free investor guide. Thanks for listening, and check in soon for another awesome episode.

 

Links and resources:

Direct download: Episode_12_Mitch_Stephen_Cash_Flow_Owner_Finance_Genius_in_Texas.mp3
Category:investing -- posted at: 6:00am EDT

I’ve got someone really special today, and her name is Lindsey Jean. She’s president of “High Heels and Hard Hats” and she’s also a part of Cash Cow Know How.

Lindsey really knows her stuff, and I think you’re going to be blown away by how she talks about the mindset shifts she’s had to go through in life and how she’s taken all those negative things and become a rock star, and one of our profit stars!

Before being in real estate, Lindsey was one of the best horse trainers in the country. Between working for a Forbes list billionaire and all of his wealthy clients, she definitely learned a thing or two from them along the way.

Actually, they’re the reason Lindsey began in real estate, which we’ll talk about during the show. She started out 12 years ago as a broker and later moved on to being an agent. She’s now involved in wholesale and fix-and-flips. Some of the topics we covered were:

  • Why she became a real estate agent
  • Who her biggest influences in life were and why
  • Lindsey’s top profit master investing strategy
  • Why mentors are a must
  • How to run a successful real estate business

We’ve talked about limiting beliefs on the show before, and we skimmed it again today when Lindsey talked to us about the piece of advice that’s gotten her to where she is today.

We also dive into some more personal aspects of Lindsey’s day-to-day life, like her favorite book, business app and quote, and what her morning routine looks like.

Lindsey also told us a couple of pretty cool stories in today’s episode, so stay tuned and let us know what you think!

If you want to get in touch with Lindsey, you can send her an email at support@cashcowknowhow.com.

We really hope you enjoy today’s episode, and if you do, please be sure to tell us by giving us an  iTunes review.

Links and resources:


Today we have an amazing guest, his name is Josh Stech. Currently running a company in San Francisco called Lending Home, as VP of Business Development, Josh graduated from Stanford, and transitioned from fixing and flipping to having over 170 employees under his wing.

We’ll be talking about quite a few different things, including the whole story of how Josh got started with Lending Home, how he did it, and his best tips for reaching success and staying there. Here are some of the things we went over:

  • Josh’s area of expertise in real estate and what his main focus is
  • How Josh got involved with real estate
  • Who influenced Josh the most and how it changed his business strategy
  • Josh’s newfound profit strategy
  • How to dive into being a broker with Lending Home
  • Cory’s hilarious encounter with Mickey Mantle

Josh really gets into all the ups and downs that he had while trying to build up his company and reputation, and also gives a lot of great advice for beginners or really, anyone wanting to up their game as an investor and real estate person. This included tips on:

  • Why having a mentor is important and what to expect
  • How you can stayed motivated during tough times
  • What books to read and what apps to use for the most productivity
  • How to focus on your goals and stay on track
  • How to have a good business practice

 

Between funny stories, great advice and opinions, and the best real estate tips around, you can be sure to have a great listen with this one. Be sure to check us out on social media and don’t forget to check back soon for another awesome episode.


Today on Real Estate Investing Profits, Profit Masters Podcast, my guest is Mike Hambright of Flipnerd, an online site which allows real estate investors, vendors and clubs to list and view properties and provides access to many buyers.  Mike is also involved with HomeVestors, a  60-member strong franchise site  where he also serves as a mentor to other franchisees.  Mike really likes to rehab properties because he loves to see the transformation and also believes rehabbing offers the greatest financial success.  

 

Mike explains he was involved initially in the corporate world and later joined  a startup that he eventually became an affiliate with.  He reached the point where he was faced with going back into  has the corporate world doing something on his own.  He decided he would rather control his own destiny and began investing in real estate around the Dallas area.  He became a HomeVestors franchisee and worked very hard as he recognized that failure was not an option.  

 

Mike’s Profit Master Investing Strategy:

If you are wholesaling, it is especially important to have access to many buyers.  If you rely on the same people over and over they may come to expect a customer discount or may eventually become disinterested.  Mike says at Flipnerd, they have built the largest off-market listing platform for wholesale dealers.  At the ten thousand member mark, Flipnerd supplies that large number of potential buyers.

 

In offering advice for running a successful business, Mike believes you need to treat it like a business, get systems in place, contacts developed and a network going.  If Mike had to start all over again, he would likely collaborate more early on and not be so worried about thinking of everybody as the competition.  He also believes you need to learn what you are and are not good at and hire somebody to help in the areas where you may not be as good or don’t have a great interest.  




Favorite Quote:

It’s hard to beat a person who never gives up - Babe Ruth

 

Favorite Book:

Think and Grow Rich - Napolean Hill

 

Favorite App

Asana - project management tool

 

In discussing why he does what the things he does, Mike explains that over time the reasons have changed.  Initially it was to support his family.  Now the reason is to make a difference.  Mike says he knows what real estate investing can do to give people true financial freedom.  Mike says he wants to build something that can make a positive influence on others.  

 

Mike invites you to join Flipnerd for free and he hopes you’ll also stop by the Flipnerd Facebook page.  The gates have just opened and you can register for the REI Power Summit .  Over 50 speaks will be part of the online summit which will allow participants to watch live to interact with speakers and other attendees, or view it over the next 12 months.

 

Please check out our website, http://realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.  

Join us on the Real Estate Investing Profits Facebook site too!

 

Direct download: Episode_9__Mike_Hambright_Homevestor_Flipnerd_in_Texas.mp3.mp3
Category:investing -- posted at: 6:00am EDT

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