Episode 38: Billy Alvaro Six Figure Wholesaling Fee King

05/26/16 • 44 min

Real Estate Investing Profits Master Series with Cory Boatright

My guest today is rocking it all the way up in Long Island, New York. Billy Alvaro’s blitzkrieg process is really changing the real estate game, and the pointers he’s sharing on today’s show may even change up the way you’re doing business. [youtube]https://youtu.be/QzAyYPzWGCI[/youtube] Billy got started working with mortgages in the early 2000s, and he had almost 1000 employees working with him. But when the housing bubble popped, he lost a lot of his profits and even more of his confidence. How do you bounce back from something like that? Well, with his strong foundation in real estate investment (something he’s been honing since he attended his first seminar at 16!) and a super-supportive spouse, Billy bounced back tenfold. His new strategy with wholesaling and flipping vacant houses brought his groove back, but it was his personal transformation that really helped him succeed. [Tweet "You’re going to trip, you’re going to fall, get yourself up quick and start now. - Billy"] The most important thing you can remember in this business is never to give in to your fear. What are you so afraid of? That’s the question that got Billy motivated to try again, and it’s definitely what’s kept him at the top for so long now. When you’re afraid, you only hold yourself back from your true potential and your true success. The fear is only temporary, and once you face it head on, you’re going to be a stronger person. Billy shares this experience and offers up his best piece of advice for overcoming that fear of the unknown: hiring a mentor or a coach! Finding this person who’s done it all before, who has that tried and true method, is going to hook you up with the skills you need and will really motivate you and inspire you to stick to your guns and pursue the path you know is right. MINUTE MARKERS 4:00 - Billy is coming in from Long Island, New York 6:00 - Billy breaks down his real estate expertise in wholesale, rehab, and rental 8:32 - Who was Billy’s biggest influence? 10:10 - Billy’s breaking point happened when he lost the mortgage bank 14:15 - Hear how his real estate investment strategy is crushing it in New York 16:00 - Billy shares his Vacant House program strategy 19:10 - How does Billy use skip tracing to get in touch with buyers? 20:43 - What does Billy think about probate deals? 21:06 - The single greatest lesson Billy learned 22:17 - Start with wholesale is the best advice for newcomers 24:21 - Billy’s favorite motivational quote 25:08 - Billy recommends As a Man Thinketh by James Allen 26:40 - Fix Your Funnel is Billy’s favorite app 28:20 - Billy breaks down his healthy and regimented morning routine 30:15 - Try and keep up with Billy. He changes his life up every six months or so! 32:23 - What is Billy most grateful for? 34:48 - Hear how important coaching is for Billy’s success 38:10 - This is why Billy is one of my favorite leaders in the game right now 39:30 - Get with Billy on Facebook [Tweet "The real estate investing side, the body side, the mind side, everything is about coaching. - Billy"] Links and Resources: No Money Down How To Flip Contracts Not Houses taught by Cory Boatright As a Man Thinketh by James Allen Fix Your Funnel Infusionsoft Billy on LinkedIn Max Returns Full Transcript Download the PDF Transcription Cory: What is going on? This is Cory Boatright. I am your host of Real Estate Investing Profits Profit Master podcast series and also your founder of realestateinvestingprofits.com. Have you went and got your Ultimate Real Estate Investing Quickstart Guide, the Down and Dirty Ultimate Real Estate Investing Quickstart Guide? Have you? Have you? If not, text the word profit to 38470. Text the word profit to 38470 and get it right now. Be instantly, automagically sent to your cell phone. Today, we’re on episode 37 today. I have a very good friend of mine. This guy is a rock star real estate investor out of New York....

Previous Episode

Episode 37: Heather Dreves Securities and Private Investor Relations Private Money

I know there’s a lot of real estate investors out there who are a little afraid to explore the realm of private lenders. That’s why I’ve brought Heather Dreves on the show today. She works with a private lender - Secured Investment Corp – and she’s spent decades working the ins and outs of the lending business. She’s seen real estate investors succeed and fail, and she herself has a few learning experiences to share, and all of it inspired her to pursue real estate investment! So if a private lender can venture into our area of expertise, all of us real estate investors can benefit from her knowledge as well. [youtube]https://youtu.be/yliwZ4wWwVg[/youtube] Heather enjoys lending money to self-employed entrepreneurs and their families. Watching people succeed in their business motivates her, and that’s why she and her lending team focus on transparency, mentorship, and making sure their people make their money back. She learned early on that focusing on the bottom line was not enough to sustain a business, and after foreclosures and property taxes caught up with many of her clients, she decided to change her approach. Now, seminars, classes, and success and accountability programs are all ways Heather and Secured Investment Corp are insuring that their clients earn all their money back (and then some).

Next Episode

Episode 39: Tony Javier Rent to Own Master

Today’s guest is Tony Javier. He’s in San Diego crushing it with rehabs and rentals, turning over 60 properties a year. His unique profit making strategy involves a really great rent-to-own policy that’s paid off over the years, and his highly skilled team of employees is really what makes it all possible for him. He’s on today to talk about how important his team and his mentors have been to his success in real estate. [youtube]https://youtu.be/pDC-Ktx3wd4[/youtube] Even though rehab is his number one focus, Tony talks a lot about the importance of people. He learned early on how hard it was trying to do everything himself, and it gets even harder if you don’t have a real hiring strategy in place. But even with the systems, you need to put good people in the positions they deserve. When you have the right people, you know you can trust their decisions, trust their deals, and really see your profits soar. How do you find these good people? Tony’s advice involves finding a mentor, someone who’s done it before and can give you advice on how to hire. In fact, Tony’s biggest piece of advice for everyone is to find a mentor ASAP! He’s been using coaches since the beginning – he even finds himself mentoring others half the time – and the lessons he’s learned from them have proven to be invaluable. The best investment you can make is in yourself, and a mentor or a coach will only help you on that path toward enlightenment. Without his mentors, Tony would never have built the team he has today or the unique rent-to-own profit strategy he’s perfected. [Tweet "Be brave and make it happen. - Tony"] MINUTE MARKERS 4:58 - Tony is doing a killer job with rehabs 6:25 - How is Tony working with brokerage? 7:07 - Who is Tony’s biggest influence? 8:15 - When did Tony start to see a scale possibility in real estate? 9:40 - Tony’s had a few breaking points with employees and tenants 11:46 - How to use your natural drive to push through problems 13:42 - Tony shares his two-tiered profit master investing strategy 14:51 - How does Tony find his rehab properties? 16:27 - What are the perks and profits of rent-to-own? 17:58 - Is there a difference between lease with options and rent-to-own? 20:20 - Tony’s secret sauce for screening possible tenants is his broker 22:20 - How does Tony use private lenders? 23:10 - Craigslist is Tony best marketing trick 24:35 - Tony breaks down mortgage payments and rent credits 28:08 - The biggest lesson Tony learned 30:10 - Getting a mentor is Tony’s advice for newcomers 33:30 - Tony’s favorite motivational quote 34:17 - He loves Audible and The One Thing is Tony’s favorite book 36:32 - Realtor.com is Tony’s app of choice 37:31 - Tony’s morning routine involves ignoring emails 41:07 - What’s Tony most grateful for? 42:15 - Tony has been using mentors since the beginning 43:40 - Tony is working on building something bigger than himself 46:20 - Get in touch with Tony on his site at www.getmyprodigy.com. [Tweet "You have to have good people in place and you have to have good systems. - Tony "] Links and Resources: Tony’s Real Estate Blueprint Than Merrill and Fortune Builders Carleton Sheets BOLD Seminar with Keller Williams The One Thing by Gary Keller Realtor.com app Full Transcript Download the PDF Transcription Cory: What’s up? What’s going on people? This is Cory Boatright; I am your host and founder to realestateinvestingprofits.com. I want to welcome you again, we’re on Episode 39 of our Profit Master’s podcast series. We’re continuing to bring better and incredible guests to you so they can reveal their profit master strategies that they’re killing it in their marketplace. You can copy those things and add them into your own business. Before we get going here with today’s interview, which is incredible, I want to remind you to text the word profit to 38470. All you have to do is get your phone,