Secret to Flight with Pat Flynn

Media Team member Nick Lorini is in the studio this week talking with Pat about setting goals, planning for the future, the proper way to utilize hard seltzer, and much more! Come share a pint with Pat & Nick!

This week's Pint: 
https://www.whiteclaw.com

Join us this week to hear from Pat and special guest, David Lecko! David is the CEO and founder of DealMachine, the powerful driving-for-dollars app that has become extremely popular among investors. Pat and David talk about the origins of DealMachine, what it can do for your REI business, and some of David's top tips for scaling and improving your investment operations. You don't want to miss this one!

1:26 - David’s introduction

3:49 - The Cash Flow game

4:57 - “You need to make sure it cash flows.”

7:27 - Driving for Dollars

9:24 - The origin of DealMachine

13:15 - How DealMachine works

17:24 - Enterprising and scaling a team

19:00 - YellowBird Connect

21:08 - The Future of DealMachine

24:29 - Mindset for pushing through

27:23 - Wrap-up

This week, Pat sits down to chat with Nate Trunfio, President of Lending at Direct Lending Partners (DLP)! Over his 10+ year career in real estate finance, Nate has helped provide loans and bridge financing for new real estate investors. Pat & Nate discuss how to plan for the future, scaling your existing business, and what tips & tricks helped them become successful. 

For even more value, check out info about DLP's upcoming event:
https://dlpcapitalpartners.com/investor-dinner-2/

1:22 - Nate's introduction

3:56 - "The stars align"

6:20 - Scaling new businesses

9:40 - The DLP Difference

15:47 - The formation of DLP

19:09 - Culture & Values

25:50 - Breaking down long-term plans

28:50 - Accountability

32:04 - DLP Event

35:50 - Pat's biggest takeaways

39:25 - "Start with yourself"

45:05 - Wrap-up

On this episode of the Connect podcast, Pat chats with property law expert Al Nicoletti! Al is an attorney based in Jacksonville Beach who specializes in navigating the legal side of real estate. Pat and Al dive into a variety of legal topics including probate, tax deeds, and quiet title suits. They even flip the script and discuss these issues from a homeowner’s perspective. This conversation is jam-packed with essential legal information for any real estate professional!

Connect with Al:
[email protected]

Follow YellowBird Connect:

IG: @yellowbirdconnect

facebook.com/yellowbirdconnect

2:15 - Al’s Introduction

5:11 - Getting into Real Estate law

8:10 - Why Probate?

12:03 - Where does the drive come from?

17:12 - “Your network is your net worth.”

18:50 - When should investors contact Al?

21:43 - Tax deed auction red flags

25:38 - A Quiet Title

28:33 - Probate numbers

30:11 - What is the process for a homeowner?

37:43 - What to do when you inherit out-of-state

43:20 - What’s different about Al?

47:30 - What options do homeowners have in foreclosure?

53:58 - What can do you do if there is no equity in the house?

55:45 - Wrap-up

Welcome back to another episode of Pints with Pat. Today Pat announces that he'll be attending and keynoting at the IEB Conference in Texas. He goes into what he'll be talking about which is Clarity, Direction, and Purpose in the Fog. Pat goes into his background as well as the success of Yellowbird, flipping 400 houses, 1200 rentals and more. Everything was running very smooth until the Fed rose the interest rates, and since then things haven't been the same. He discussed the founders purpose shifted during that time and they realized flipping houses wasn't what they wanted to do the rest of their lives.
Takeaways:
- Tough times show you who you really are. It's easy to be the great leader when things are going good, but what about when times are tough?
- When the future is foggy, work on yourself internally. Meditate, network with new people, read, go to conferences.
- Get away from the day to day, add some white space to create and vision what the future looks like for you and your team.
- The path forward becomes more clear when you live a life authentic to yourself.
- The glory doesn't come without taking risk.
- Step up and stay true to your values.
And finally - you can still drive during the fog, maybe it's just at a different speed. Hope you all have a great week! We'll talk to you next week.
Interested in attending the IEB Conference? More details can be found here - https://iebevents.zohobackstage.com/IEBUnite2023#/?lang=en