Let's Talk Real Estate Investing with Sharon Vornholt

Do you find yourself wishing you would never have to go to a bank again to buy property? Well, you're not alone.

My guest today is Jim Ingersoll a successful real estate investor from Virginia that has bought and sold hundreds of houses. Jim is also a blogger, an author and a coach. He hosts the successful podcast called the "Investor Success Podcast" and he is the founder of the Investor Success Mastermind.

In today's show Jim dives into strategies for owning and controlling property without cash, credit or a bank.

Sound good?

Head on over to the blog for the full show details and the video interview. I can guarantee you will take away information to use and implement in your investing business now.

Here's the link: http://Louisvillegalsrealestateblog.com

My guest today is Cally Wood Doyle from South Florida.

Cally is a great example of someone that has managed to successfully combine her investing business with the retail side of real estate.

She has become an expert in working in the "fringe areas" outside of the big cities in her area. This show was really interesting because Cally has managed to set the standard for what a nicely rehabbed property will sell for in these areas. This is especially important because accurate comps aren't readily available in some of the more rural areas around the country.

She is also a fine example of someone that has not only built a great reputation in her field, she is active in her community, and she has built a business that allows her to do business her way. I know you're going to like this show.

Be sure to stop by the Louisville Gals Real Estate Blog for more great articles, videos and podcasts.

Today’s show is on how to scale your business using the cash flow quadrant. You’re probably going to realize immediately that as a self-employed real estate professional what you really have is a very demanding job.

But, isn’t that what we were trying to escape? We were most likely looking for freedom.

Understanding the cash flow quadrant will show you how to scale your business so that you become a true business owner. What does that mean for you? It means that you can take a month off (or longer) and your business will continue to make money in your absence. You essentially get to fire yourself from the day to day operations.

Understanding this process will help you go from employee or self-employed to being a true business owner and the visionary of your business.

My guest today is Joe Mendoza. Joe is from sunny San Diego. He’s an investor, a real estate broker, and he is a coach that has mentored and trained hundreds of people. He also knows how to use the cash flow quadrant to build and scale any business.

Show Notes

Here are some of the highlights of this show:

• Getting started at 17 years old; quickly realizing investing was more profitable than being a Realtor
• How the book Rich Dad Poor Dad played a huge part in his transformation and ultimately shifted how he thought about business
• The power of understanding the cash flow quadrant to scale your business
• The “SWOT” Formula, (Strengths, Weaknesses, Opportunities, Threats) and how to use this formula to your advantage
• Putting the SWOT formula into practice today
• The secret to scaling your business; outsourcing and building teams
• Building teams; the good, bad and the ugly and why you must get rid of bad team members quickly
• Creating systems so your business runs without you
• Joe’s biggest tip for succeeding in today’s market

This is a power-packed show that has actionable tips you can put into practice today!

Quote: Where there’s adversity, there’s opportunity – Joe Mendoza

Books Mentioned in This Show

• Rich Dad Poor Dad by Robert Kiyosaki
• Think and Grow Rich by Napoleon Hill
• The 10X Rule by Grant Cardone
• Shift by Gary Keller

Want More on the topic of How to Scale Your Business?

Here’s another show for you to check out.

Entrepreneurs... Is Your Employee Mindset Holding You Back?

Be sure to stop by the Louisville Gal’s Real Estate Blog and pick up your freebies!

In today's show, I want to talk about finding your tribe, and why it is so important to do that.

First of all, what is your tribe? It's a community or a group of people that "get you". They will cheer you on when you succeed, and they will be there when everything goes sideways. Here is one of the most important things; they will accept you for who you are.

If you're an entrepreneur that has a small business, you probably feel isolated at times. Successful real estate investors spend a lot of time on marketing, talking to sellers, estimating repairs and looking at properties so that they have deals in their pipelines.

Listen in and find out more about finding YOUR tribe. To read the full article on the Louisville Gal's Real Estate Blog just CLICK HERE.

Be sure to stop by. I have some pretty cool freebies.

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My guest today is Caleb Davis. He is a partner in the real estate company, Three doors. Caleb has built a multi-million-dollar rental portfolio which has allowed him to become financially free at the age of 30 through real estate investing. He has also built a 40-million-dollar agent team in just 3 years. His story is quite amazing. Listen in to learn more about his journey to success!

Key Highlights:

[00:01 - 06:31] Opening Segment

• Caleb shares his background and work

• How he became financially free at 30
• How he got into the real estate investing world

[06:32 - 13:00] Financially Free at 30

• Deciding to stop flipping houses and focus on buying rentals instead

• Why Caleb decided to join Three Doors

• Meeting Jim and Ryan
• Building a multi-million-dollar rental portfolio

[13:01 - 19:21] How to Become a Skilled Real Estate Investor

• Caleb's journey building a 40 million agent team in three years

• Focusing on lead generation and keeping agents in the 80 20 role

• The importance of hiring talented people early on and setting high expectations for his agents

[19:22 - 26:04] Closing Segment

• Why competitiveness is important to Caleb

• How Caleb has a system for managing directors and training his sales staff

Want to connect with Caleb? Follow him on Instagram, or send him an email at [email protected].

Key Quotes:

"One of the top three things that made me successful was the first people I hired." - Caleb Davis

"Being able to adapt is what keeps me happy and makes me fulfilled." - Caleb Davis

"Keeping people in their genius zone of where they're talented is definitely important because if they don't like their job, they're not gonna stay. There's no way." - Caleb Davis

WANT TO LEARN MORE?

Connect with me through my website, Instagram, and LinkedIn.

Or you can send me an email at [email protected].

Be sure to check out my website the Louisville Gal's Real Estate Blog and my course Probate Investing Simplified.

Learn more about this podcast on iTunes, or Stitcher.

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