Episode 69: How to Make Real Estate Your Side Hustle with Tim McGarvey

07/18/22 • 28 min

Would you do real estate as a side-hustle?

In this episode of The Real Estate Mindset podcast, Tim McGarvey and I chat about how he started investing into real estate while he worked his full-time corporate job. Starting with real estate as a side-hustle back then allowed him to grow his business with a security net, thanks to his regular pay check. We also chat about Tim’s definition of success, his morning routine, and mistakes he’s made when hiring people that he learned from.

What we discuss:

0:00: How Tim got into Real Estate

03:41: How can someone start real estate as a side-hustle while working full-time?

06:44: What does Tim’s business look like?

13:30: What is Tom’s morning routine?

15:40: What books does Tom recommend?

17:00: What is Tim’s experience with coaching and mentorship?

18:34: What are mistakes Tim made that he wouldn’t make again?

20:17: What is Tim’s definition of success?

21:17: Why does Tim believe he’s more successful than others?

23:43: How are the recent rate hikes affecting Tim’s business?

To learn more about Tim:

Instagram: @tim_mcgarvey and @venturestack

Website: venture-stack.com

Would you do real estate as a side-hustle?

What we discuss:

0:00: How Tim got into Real Estate

03:41: How can someone start real estate as a side-hustle while working full-time?

06:44: What does Tim’s business look like?

13:30: What is Tom’s morning routine?

15:40: What books does Tom recommend?

17:00: What is Tim’s experience with coaching and mentorship?

18:34: What are mistakes Tim made that he wouldn’t make again?

20:17: What is Tim’s definition of success?

21:17: Why does Tim believe he’s more successful than others?

23:43: How are the recent rate hikes affecting Tim’s business?

To learn more about Tim:

Instagram: @tim_mcgarvey and @venturestack

Website: venture-stack.com

Previous Episode

Episode 68: Why Some People Get Richer QUICKER Than Others with Chris Prefontaine

Do you know what’s the difference between someone who makes seven figures in a couple of months Vs someone who makes seven figures in a couple of years?

In this episode of The Real Estate Mindset podcast, Chris Prefontaine and I chat about the lessons he learned from going bankrupt. While he now has multiple seven-figure businesses, he learned a lot from his past mistakes.

We also chat about some interesting case studies Chris conducted after observing students in his academy. He shares why some studies become successful more quickly than others and what you can do to make sure you’re moving forward, faster.

What we discuss:

00:20: About Chris

04:08: What lessons did Chris learn from going bankrupt?

05:30: What does Chris’ ideal business deal look like?

10:34: What is Chris’ real estate model look like?

14:26: Does Chris encounter any issues in terms of educating sellers?

19:11: How does Chris find his leads?

26:13: What is Chris’ morning routine?

27:45: What books does Chris recommend?

29:15: What is Chris’ experience with mentorship and coaching?

33:53: Why does Chris believe he is successful?

To learn more about Chris:

Website: smartrealestatecoach.com

Podcast: Smart Real Estate Coach Podcast

Next Episode

Episode 70: Why You Should ALWAYS Raise Capital FIRST with Dave Dubeau

Do you go fishing for capital before finding a deal? Or are you doing it the other way around?

In this episode of The Real Estate Mindset podcast, Dave Dubeau and I chat about the advantages of finding capital before looking for a deal. We also chat about what happens if you do the opposite, meaning you find a deal before you find the capital and why Dave doesn’t recommend you do it that way.

We also chat about Dave’s morning routine, what mistakes he’s made in his career, and what his definition of success is.

What we discuss:

00:15: Dave’s background

03:50: What is Dave passionate about?

05:00: What tips does Dave have for real estate investors?

18:40: What is Dave’s morning routine

22:08: What books does Dave recommend?

22:60: What’s a mistake Dave made he would never do again?

24:38: What is Dave’s definition of success?

To learn more about Dave:

Website: moneypartnerformula.com