Driving for Dollars Mastery

"Don't worry about having all the steps in place - find the first action step and take it!"

Jarrod Frankum likes to make things happen. He fell in love with Brazil and did campus ministry there, but he moved back to Texas in 2019. He started driving for dollars and made over $100,000 in his first 9 months - with little to no money, no experience, and no coaching!

In this replay episode, Jarrod talks about the ups and downs of his real estate adventure. Listen to learn about the steps he took to land deals and overcome challenges.

Key Takeaways

• How Jarrod first learned about real estate investing
• He makes offers through handwritten letters
• His experience with Real Estate Investment Association (REIA) meetings
• The importance of building a team to avoid burnout
• Jarrod's advice for those just starting in real estate investing

Resources

• Driving For Dollars Mastery
• Rich Dad Poor Dad by Robert Kiyosaki
• BiggerPockets
• Wholesaling Inc.
• Jarrod’s Instagram

The land has so much potential that it makes for a flexible investment. But many people avoid this niche because of the fear of not making returns, which is a valid reason because some land investment methods can be pretty restrictive.

But don't let that fear stop you from getting good land deals! Let our guest, Ray Zhang, give you some tips first!

In this episode, Ray talks about how he established a technique for acquiring land deals without using your own money. This technique is a fast track to building wealth and passive income. Listen to this episode and find out how Ray has done it.

Key Takeaways

• How to do land deals without doing seller finance?
• Ray shares his favorite market choice
• A guide on land investing without having to use a cash buyer's list
• What does Ray's team look like, and how does he manage them?
• What are the reasons why he chose land as his top niche?
• Ray shares some of the obstacles that he faced while doing land
• Have a clear target so that you won't struggle

Resources

• Ray Zhang on Instagram
• MLS
• Driving for Dollars Masteryv

Yes, it’s possible! Vacant land can become an income-generating asset. You can earn half a million dollars in revenue just by wholesaling them! Are you not sold on the idea yet? Then you might want to give this episode a listen.

While the land may be most valuable when there’s a structure built upon it, the land is valuable in itself. Today’s guest Brendan Harvey can attest to that. He’s been recently crushing it on the land deals generating half a million in income in a year! Listen and learn his secret sauce to getting massive paychecks.

Key Takeaways

• A how-to guide in making passive income through land
• How did he get into doing land deals?
• Brendan’s strategy is to get properties 50% less than the actual value
• A breakdown of his numbers and revenue
• There’s so much opportunity to make money. You need to be willing to roll up your sleeves and learn things

Resources

• PRYCD
• Follow Brendan’s Instagram or send him an email at: [email protected]
• Driving for Dollars Mastery

What’s holding you back from achieving your biggest dreams? It’s not the lack of a plan—it’s your belief system.

Seven years ago, I was a struggling window cleaner living paycheck to paycheck, desperately wanting more for my family and my future. That all changed when I completed my first wholesale deal. Since then, I’ve gone from scrubbing windows to building a multimillion-dollar real estate business and coaching program. In this episode, I’m sharing the two biggest factors that made it possible: setting clear goals and becoming completely obsessed with achieving them. These principles transformed my life, and I know they can do the same for you. Let’s dive in and make 2025 your year of unstoppable progress.

• Clarity in Goals: Clearly defining your ambitions is essential. Knowing what you want is the first step toward success.
• Deep Obsession: True success requires more than interest; it demands obsession. This intense focus fuels the actions needed to realize your dreams.
• Utilizing Experience: Applying lessons from past experiences, even from different fields, can enhance growth in new areas.
• Value of Mentorship: Mentorship and ongoing education are vital for overcoming obstacles and speeding up success.

• Live Masterclass: Learn How to Do Your First Real Estate Wholesale Deal For Free
• Deal Machine (Discount code PIN)
• $40k in 40 Days Challenge
• Driving For Dollars Mastery

Are you dreaming of owning a rental property but feeling held back by the high costs and financial barriers of real estate investment?

Fear not, as there are ways to enter the market without emptying your bank account or struggling to save up for a hefty down payment.In fact, with financial creativity, you can purchase a rental property and enjoy all the benefits of investment without breaking the bank.

And today, we've got some expert advice from Wyatt and Jon, who will share their top tips for buying rental properties with minimal, upfront investment.

Key Takeaways

• Breaking down the BRRR (Buy, Rehab, Rent, Refinance) strategy step by step for successful real estate investing.
• Understanding the differences between hard money and private money lenders in real estate investing.
• Explore real estate websites, attend REIA (Real Estate Investors Association) groups, and expand your network to connect with like-minded professionals.
• Evaluating a potential investment deal in real estate requires a comprehensive understanding of the market, property, and financials.
• Investing in real estate can be a powerful tool for growing your net worth over time.

Resources

• Follow Jon here
• Follow Wyatt here
• The ABCs of Real Estate Investing by Ken McElroy
• Amortization Calculator
• Rich Dad Poor Dad by Robert Kiyosaki
• Driving For Dollars Mastery