In this episode of Escaping The REI Newbie Zone Chris Bruce sits down with real estate investor and Entrepreneur Robert Syfert. Rob talks about how he got started in the real estate business back in Michigan. He explains how he started with wholesaling, transitioned into rehabbing properties, then turned it into a full turnkey business model. If you’re not familiar with turnkey rentals. It’s where the investor will go buy, rehab, and get the property rented out cash flowing then sell the property to another investor. Which gives the opportunity to get paid more than once on the property.
Rob also has a new software getting ready to release that will change the way you run your real estate business. If you’re looking for a robust way to automate your business make sure to sign up to get on the early bird list.
In this episode Chris Bruce talks about why educating the seller is the key getting your offers accepted 8/10. Most investors while on the phone or out on an appointment just give the seller their offer and expect for them to accept it. That’s just not how life works unfortunately. You have to lead with value, educate the seller where the market is, the prices, what it takes for them to get their asking price. I’ve found time after time when myself, my acquisition manager, even my students have done this we’ve got more contracts signed. This is the key to negotiation and getting the house at the price you need to get it at in order to make a profit.
So on this episode I’m going to teach you step-by-step on how to do this. I also give away my free real estate wholesaling course at the end.
Just text the word WHOLESALER to 33444 to get instant access.
In this special episode of Escaping The REI Newbie Zone Chris Bruce gives a summary of the 1st Quarter Real Estate Mastermind Retreat in Miami FL. What a blast it was to put this great even together with my friend & business partner Marlon Wilson. Everyone enjoyed the Retreat gained new insights as well as strategies for their real estate business. Whether you’ve been involved with Wholesaling, or Rehabbing this event was meant to teach you how to put systems in your business. So that you can finally step out the technical role and become the Entrepreneur. Also we had a lot of fun on the yacht and being able to get out in the beautiful city of Miami FL.
If you weren’t one of the lucky ones to make it check out the video below.
In this special episode of Escaping The REI Newbie Zone Chris chatted with Jeff & Belinda Henry also known as 2 Henry’s. Jeff & Belinda talk about how they got started in the business not to long ago. They also reveal their strategy for finding deals today and the struggles they had when first starting out. Your mindset could be potentially hurting your business and the reason why you’re still stuck at the level you’re at. Jeff & Belinda give out the steps they took, and books they read which led to them taking action, getting out the comfort zone and scheduled to double their income from last year. You’re going to love this interview make sure to share it on your social media.
In this episode of Escaping The Real Estate Investing Newbie Zone Chris Bruce talks about a few strategies to use when talking with a potential seller. When you ask the right questions you’re able to really find out a sellers wants and motivation. Sellers are not always going to come out and want to sell you there houses for 30-40 cents on the dollar. However a lot of deals area created and negotiated down when you ask the right questions and provide a clear solution to their problems. If you’re wholesaling real estate and want to learn how to get deals under contract low enough so you can buy and wholesale. You’re going to love this episode. Make sure to share it with your friends.
In this episode of Escaping The Real Estate Investing Newbie Zone Chris Bruce talks about outsourcing the day to day tasks in your real estate business. What does a 4-6 hour work week look like? How can you become a great leader? Chris recommends a book everyone should read How To Be A Great Boss by Gino Wickman. Your team will only be good as it’s leader. Chris also talks about the places you should look to hire your employees including websites and how much you should pay them. You can create an automated real estate wholesaling business but will take time. In this episode you’ll learn what things to outsource first.
In this special episode of Escaping The REI Newbie Zone Chris Bruce talks about a virtual deal he closed while in Havana Cuba. It was a small deal of $3,500 but only took a few hours to get done. The profit was $7,000 but ended up splitting the deal with another wholesaler. Chris talks about how he found the deal, negotiated it got it under contract, and partnered up with another investor on the deal. Chris never physically met the seller or buyer and was able to make $3,500 while on vacation in Havana, Cuba.
In this special episode of Escaping The REI Newbie Zone Chris Bruce talks with real estate investor Scott Jelinek. Scott has been investing in real estate since the early 90’s. He’s completed every transaction under the sun, from wholesaling, rehabbing, owner financed deals, and owns a large portfolio of rentals. He’s currently closing 3-5 deals a month in the Virginia market. Whats interesting is Scott brings us back to when he was making $100,000 a month. He had a huge over head between marketing budgets as well as paying staff. He even talks about how on the first couple of deals he would take a loss just to break even on the expenses.
Many people dream of doing 20+ deals of month, but what they don’t see is the overhead and stress that comes with scaling a business that large. Since then Scott has scaled his business down, he’s still making a lot of money, and has a portfolio of 70+ rentals which produce passive income. Now he has the time and freedom to travel. He takes month long trips out the country with his wife and daughter. Scott has really built up a business around his desired lifestyle.
You’re going to love this episode. Scott breaks down the raw truth on this one.
In this special episode of Escaping The REI Newbie Zone Chris Bruce talks about hiring a lead manager for your real estate business. One of the first things to outsource in your wholesaling real estate business is the screening of calls. As you begin to do marketing and you have a constant flow of leads. It’s best you have a virtual assistant or lead manager to call the sellers back. A good lead manager will be able to identify motivation from a seller as well as the non motivated people.
On this episode you’ll learn where to find a lead manager, how to hire them, and how to train them efficiently. Chris even talks about the process he just used to hire a new lead manager for his business.
To get access to the free contracts text the word RECONTRACTS to 33444.
To subscribe to Escaping The Real Estate Investing Newbie Zone Podcast, just use the links below:
In this special episode of Escape The REI Newbie Zone Chris Bruce talks with the REO Rockstar Lee Kearney. Lee has one if not the biggest investment company in central & south Florida. He flips 50 + homes a month, some he wholesales, some he renovates, and others he keeps in his rental portfolio. Lee has been in the real estate industry for over a decade and one thing he doesn’t take lightly is spotting out market cycles. Lee talks about his predictions for the real estate market in Florida, and also gives advice on what tools he uses to spot out these different market cycles.
There’s a buyer market then a seller market, which one are you in? You’ll be able to find out by listening to this podcast episode. You’ll also know how to prepare yourself for huge opportunities that come with the shift of the market. Also when it’s time to sell everything and wait.