Thu, 27 April 2017
This episode contains strong language. I’ve got another fantastic interview lined up for you all today! The Joint Ops duo – Jimmy Vreeland and Bob Scott – are joining me on the Profit Masters Podcast. Joint Ops is their real estate brain child, and their experiences in the military not only inspired their company name, it also inspired their incredible work ethic. It may have also inspired their vulgar jokes, so be warned that there is some foul language in today’s episode around the 36 minute mark. These two dudes specialize in buying older, single-family homes with a lease option exit strategy, and they are slinging lease options all across St. Louis. We talk about what inspired them to start these leasing options instead of the traditional flip-and-sell model. There were a lot of “a-ha” moments that brought them to this point in their business, and I know a lot of you are familiar with that feeling. You know when everything seems to fall into place but you don’t know how or where it’s going? That’s how these two thrive. Their whole mentality is about starting something just to see where it goes. Because it doesn’t matter if you get it right, as long as you get it going! In terms of getting it going, pay close attention to Jim and Bob’s investment strategy that we talk about today. Their use of social media marketing and private lenders is definitely going to change the way you think about things. They are a pair of inspiring guys and I am very excited to have them on the podcast! MINUTE MARKERS 4:55 - Meet Jim and Bob from Joint Ops! 5:50 - What is Jim and Bob’s area of expertise? 6:24 - Where did “Joint Ops” come from? 7:38 - Kiyosaki is another big influence for this duo 8:20 - The big breaking points for Jim and Bob 9:30 - What is Bob’s business background? 10:40 - How did Jim and Bob meet? 13:17 - What inspired these two to pursue lease options? 16:08 - How they faced their biggest challenge 17:05 - How to get private lenders 19:08 - Jim and Bob’s EPIC Profit Master Strategy with social media marketing 20:44 - Which marketing apps are they using? 21:45 - Step by step using Livecom.com 26:38 - Bookkeeping still slips Jim and Bob up 28:40 - The perks of hiring a professional bookkeeper 30:10 - The greatest lesson Jim and Bob ever learned 30:23 - Jim and Bob drop some advice for the newcomers 32:40 - A helpful formula for commercial lease options 35:10 - Jim and Bob’s favorite quotes 36:00 - Warning! One of their favorite quotes is a vulgar one! 37:48 - The reality of running a business 38:07 - Ready, Fire, Aim! 40:02 - The books that changed Jim and Bob’s business lives 41:17 - Jim and Bob’s favorite apps 46:27 - How do they get more than 8 hours of sleep at night? 47:29 - Consider adding cold water exposure to your morning routine! 50:23 - Why does Bob do this thing? 53:30 - Hire a mentor on Day One! 54:30 - Cory recommends some good stuff 56:50 - What are these guys most grateful for? 59:17 - How do they do what they do? 1:01:51 - Check their YouTube channel and get in touch with these guys! QUOTES We built our entire business and portfolio around maximizing cash flow. - Bob Just be comfortable with being uncomfortable.- Jim
Jim & Bob on YouTube Rich Dad Poor Dad & Cashflow Quadrant by Robert Kiyosaki Ready, Fire, Aim by Michael Masterson Antifragile & The Black Swan by Nassim Taleb Ask Cory A Question Want to get in touch with Cory and ask him your most burning Real Estate Investing question? We’ve made it super easy for you. Just head over to our Ask Cory A Question page and start recording. Cory will play your question live on an upcoming show and answer it personally.Who Do You Want To Hear From?Name some folks I should get on the show! Hit me up:support@realestateinvestingprofits.com and I’ll do my best to get them on.Did You Get Your FREE Investing Guide?TEXT the word PROFIT (38470) to immediately sent Your FREE Investing Quick Start Guide!JOIN The Elite Real Estate Investor’s Board of Directorshttp://JoinMyMastermind.comConnect HerePlease check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.
And don’t forget to get involved with the REIP coaching program at realestateinvestingprofits.com/coachingapplication or click on the “Coaching” tab on our website!
Direct download: Episode_54__Jimmy_and_Bob_from_Joint_Ops_Properties.mp3
Category:general -- posted at: 5:00am EDT |
Thu, 13 April 2017
Ever feel like you’re getting too caught up in this business sometimes? The market is always changing. There’s so much information coming at us all the time. We can barely keep up! We think we have to learn it all, do it all, when really all it takes is that one first step. Get your head on straight and follow your gut. Deciding on a path and seizing it is a surefire way to get yourself better organized! This is your business and it’s motivated by you and your faith in doing exactly what you need to do. My guest today is Joe McCall. He’s going to break down his strategy for wholesale leasing options deals, but he’s also going to discuss how to balance your time, your tenants, and your business. Joe does his research and finds the perfect neighborhoods for his investments. He calculates his most comfortable income and only creates deals that fit within that spectrum. His strategy also avoids the two major pitfalls real estate investors succumb to. Failing to pre-screen tenants is a major part of today’s podcast, and Joe talks about his screening strategy to help protect you and your investments from unrewarding tenants. Tune in now, and if you really enjoy today’s episode, give me a shout out and leave me a review. Now, here’s Joe McCall! MINUTE MARKERS 6:25 - Meet Joe McCall 8:07 - Joe breaks down his real estate expertise 10:28 - What was Joe’s breaking point? 15:00 - Understand the focus behind Joe’s real estate investment strategies 17:23 - How does Joe know when to walk away from leasing deals? 20:45 - Here’s how Joe screens his tenants 21:50 - The two biggest challenges Joe faces with lease options 24:30 - Why would you need a licensed realtor? 27:37 - You need to start pre-screening your tenants! 29:40 - What’s the best lesson Joe ever learned? 31:40 - Joe drops some advice for the newbies 32:12- Joe’s favorite quote is a powerful one from Jim Elliot 32:57 - Have you read Pumpkin Plan? 33:33 - Joe’s favorite mobile apps 34:02 - How does Joe get 7 hours of sleep? 35:04 - Joe breaks down his morning routine 35:41 - What is Joe most grateful for? 36:53 - When did Joe hire a mentor? 38:22 - Joe is inspired by this business! 39:39 - Check out Joe’s podcast: Real Estate Investing Mastery
QUOTES/Tweets It’s always important to sharpen your brain, sharpen your skills. - Joe It’s okay if I make a mistake, I’m going to do this anyway and I’m going to figure it out. - Joe
Joe’s Website: Real Estate Investing Mastery Interested in wholesale lease options? Check out Joe’s Wholesaling Lease Options Secrets of a Millionaire Landlord by Robert Shemin Pumpkin Plan by Mike Michalowicz Profit First by Mike Michalowicz
Want to get in touch with Cory and ask him your most burning Real Estate Investing question? We’ve made it super easy for you. Just head over to our Ask Cory A Question page and start recording. Cory will play your question live on an upcoming show and answer it personally.Who Do You Want To Hear From?Name some folks I should get on the show! Hit me up:support@realestateinvestingprofits.com and I’ll do my best to get them on.Did You Get Your FREE Investing Guide?TEXT the word PROFIT (38470) to immediately sent Your FREE Investing Quick Start Guide!JOIN The Elite Real Estate Investor’s Board of Directorshttp://JoinMyMastermind.comConnect HerePlease check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.
And don’t forget to get involved with the REIP coaching program at realestateinvestingprofits.com/coachingapplication or click on the “Coaching” tab on our website!
Direct download: Episode_53_Joe_McCall_Lease_Option_Mastery.mp3
Category:general -- posted at: 5:00am EDT |