1000Houses.com Podcast

1000Houses.com Podcast

By Mitch StephenBusinessInvestingCareers
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1000Houses.com Podcast episodes

  • Episode 17: Why an Entrepreneurial Mindset is Key to Business Success

    Cory Boatright has started, run, or been directly involved with almost 40 different companies ever since his early twenties. After bringing in almost 4 million dollars in sales from the first company, he sold it and directed his passion to the world of real estate investing.

    Well, most of his affluent customers in his first business owned real estate so he knew there was something to be learned in that industry. He was a complete novice to it and didn’t even graduate from high school.

    He started as a “bird dog” and quickly learned how much money the investor was making selling the houses he was bringing him. So he quickly learned how to assign, wholesale and flip distressed properties. He then put together a skeleton rehab crew tho his rehab attempts ended up being more of a mirage instead of a real profit center.

    Around year 2004 that he stumbled his way through a short sale and made over $30,000 on that first short sale deal!

    He soon became known as the local “go-to” guy for doing short sales. After discovering a loophole in the short sale submission process he partnered to create a short sale software that grew to over 5000 users.

    Cory has become an International speaker, real estate trainer and coach, book author, private consultant and real estate investor. He also serves on the BOD for a landlord and property investor association in Oklahoma City called ”Millionaire Possibilities” (MPREIA). He’s published in the Wall Street Journal for successful business aptitude and voted #4 in the world out of nearly 30,000 others by Fast Company Magazine Social Influence Project as “Most Influential Marketer”.

    The biggest lesson I have learned in life is: “Be a solutions provider by asking how you can serve one another better. The rewards of servanthood are invaluable”- Cory Boatright

    What you’ll learn about in this episode:

    Cory’s background and how he got into real estate
    Cory’s three M’s for business success
    Why there is no such thing as perfection in real estate investing
    Why you need to take yourself out of the business whenever possible
    Why believing that doing everything yourself saves you money is a giant myth
    Why an entrepreneurial mindset is so important to business success
    Creating a standard operating procedures manual
    Why you have to deduct expenses out of your gross immediately and figure out your net
    Why you need to have potential employees take the Kolbe test — and why you should take it yourself
    Why you absolutely need a coach
    Cory’s coaching program
    Why “I can’t afford to have a coach” is just a bad mindset
    Success stories from Cory’s coaching program
    Resources:
    REInvestorSummit.com/quickstart
    REInvestorsummit.com/Grow
    REInvestorsummit.com/NoteServicing
    REInvestorsummit.com/Live





    1 hr 15 min
  • Episode 16: Virtual Wholesaling in Real Estate: How to Create A Profitable Real Estate Flipping Business That Runs WITHOUT You

    Cris Chico pioneered and perfected the concept of “virtual” real estate investing, where you can do deals literally from your laptop, from start to finish. He then streamlined his methods into a fully integrated system called Virtual Wholesaling.

    He has successfully sold hundreds of residential properties all across America using his unique and ground breaking system “Virtual Wholesaling.”

    When not flipping houses or teaching others, he spends his free time with his family.

    What you’ll learn about in this episode:

    How Cris developed his virtual wholesaling practice
    Generating leads through direct mail
    Why Cris doesn’t put the fact that he wants to buy houses on his postcards
    How Cris structures his postcards
    How Cris has redefined what a lead is
    Why you should even call back the people who don’t leave a message
    How Cris deals with the people who don’t leave messages (and why those people make up to 60% of Cris’ business)
    Why the only thing your postcards need to do is collect phone numbers
    How Cris’ strategy gets a 5% response rate (the average is 1%)
    Resources:
    REInvestorSummit.com/Chico
    REInvestorsummit.com/Grow
    REInvestorsummit.com/Capital

    Love the show? Subscribe, rate, review, and share!
    • Here’s How »
    • Join the Real Estate Investor Summit Community:
      • reinvestorsummit.com
      • Real Estate Investor Summit Facebook
      • Real Estate Investor Summit Twitter
      • Real Estate Investor Summit YouTube
      • Mitch Stephen LinkedIn
      • 34 min
      • Episode 16: Virtual Wholesaling in Real Estate: How to Create A Profitable Real Estate Flipping Business That Runs WITHOUT You

        Cris Chico pioneered and perfected the concept of “virtual” real estate investing, where you can do deals literally from your laptop, from start to finish. He then streamlined his methods into a fully integrated system called Virtual Wholesaling.

        He has successfully sold hundreds of residential properties all across America using his unique and ground breaking system “Virtual Wholesaling.”

        When not flipping houses or teaching others, he spends his free time with his family.

        What you’ll learn about in this episode:

        How Cris developed his virtual wholesaling practice
        Generating leads through direct mail
        Why Cris doesn’t put the fact that he wants to buy houses on his postcards
        How Cris structures his postcards
        How Cris has redefined what a lead is
        Why you should even call back the people who don’t leave a message
        How Cris deals with the people who don’t leave messages (and why those people make up to 60% of Cris’ business)
        Why the only thing your postcards need to do is collect phone numbers
        How Cris’ strategy gets a 5% response rate (the average is 1%)
        Resources:
        REInvestorSummit.com/Chico
        REInvestorsummit.com/Grow
        REInvestorsummit.com/Capital





        34 min
      • Episode 15: Raising Private Money

        Dennis Henson is President of Vanguard Marketing and Investments, Inc. and the AREA (Arlington Real Estate Association of Investors. He is the inventor of “EvaluateMyDeals.com”, and the author of “Becoming Wealthy in Real Estate” an Investor’s Guide to Riches.

        Dennis is an expert at controlling property for profit without taking a title, along with many other creative techniques he teaches in his program. He has over 38 years investing in real estate, and has completed numerous and profitable real estate transactions throughout the Southern United States.

        He specializes in single family investing, but his complete knowledge of real estate expands with Options, Rent to Own, Land Contracts, Contracts for Deeds, Pre-Foreclosures, Foreclosures, Bankruptcies, Probates, Subject To’s, Wrap Around Mortgages, Seller Carry Back Notes, Land Trusts, Leases, and learning how to design creative financing are just a few subjects offered to his students.

        Dennis stays on the cutting edge of his trade by actively seeking out and teaching the latest innovative ideas in real estate. As a mentor and teacher, he has helped hundreds of investors get to the right start within this business. He also works with experienced investors helping them take their business to the next level.

        Regardless if you a new, or experienced investor, your ability to make money buying and selling, or buying and holding Single Family real estate lies in your knowledge, and implementation of the “The Seven Secrets of Successful Real Estate Investing.”

        What you’ll learn about in this episode:

        The seven secrets of real estate investing
        Why there’s more money out there than you will ever need
        The 12 ways to get money
        The downside of getting conventional loans
        The upside of private money
        Why you shouldn’t borrow more than 65% of a property’s value
        The biggest mistake people make when looking for private money
        Why you can’t feel like you’re taking advantage of the people you’re borrowing from
        What private money is
        How to find private money
        Why you have to exercise your “asking for private money” muscle
        Why Dennis goes to country clubs and Bass Pro Shops to find private money lenders
        Why you should talk to CPAs and attorneys
        Why giving someone your card is not enough
        Why you need a coach — and make sure it’s the right one
        Resources:
        REInvestorSummit.com/Fortunes
        REInvestorsummit.com/Grow
        REInvestorsummit.com/Capital
        Commercials:
        Fund and Grow
        Capital Connection

        Love the show? Subscribe, rate, review, and share!
        • Here’s How »
        • Join the Real Estate Investor Summit Community:
          • reinvestorsummit.com
          • Real Estate Investor Summit Facebook
          • Real Estate Investor Summit Twitter
          • Real Estate Investor Summit YouTube
          • Mitch Stephen LinkedIn
          • 50 min
          • Episode 15: Raising Private Money

            Dennis Henson is President of Vanguard Marketing and Investments, Inc. and the AREA (Arlington Real Estate Association of Investors. He is the inventor of “EvaluateMyDeals.com”, and the author of “Becoming Wealthy in Real Estate” an Investor’s Guide to Riches.

            Dennis is an expert at controlling property for profit without taking a title, along with many other creative techniques he teaches in his program. He has over 38 years investing in real estate, and has completed numerous and profitable real estate transactions throughout the Southern United States.

            He specializes in single family investing, but his complete knowledge of real estate expands with Options, Rent to Own, Land Contracts, Contracts for Deeds, Pre-Foreclosures, Foreclosures, Bankruptcies, Probates, Subject To’s, Wrap Around Mortgages, Seller Carry Back Notes, Land Trusts, Leases, and learning how to design creative financing are just a few subjects offered to his students.

            Dennis stays on the cutting edge of his trade by actively seeking out and teaching the latest innovative ideas in real estate. As a mentor and teacher, he has helped hundreds of investors get to the right start within this business. He also works with experienced investors helping them take their business to the next level.

            Regardless if you a new, or experienced investor, your ability to make money buying and selling, or buying and holding Single Family real estate lies in your knowledge, and implementation of the “The Seven Secrets of Successful Real Estate Investing.”

            What you’ll learn about in this episode:

            The seven secrets of real estate investing
            Why there’s more money out there than you will ever need
            The 12 ways to get money
            The downside of getting conventional loans
            The upside of private money
            Why you shouldn’t borrow more than 65% of a property’s value
            The biggest mistake people make when looking for private money
            Why you can’t feel like you’re taking advantage of the people you’re borrowing from
            What private money is
            How to find private money
            Why you have to exercise your “asking for private money” muscle
            Why Dennis goes to country clubs and Bass Pro Shops to find private money lenders
            Why you should talk to CPAs and attorneys
            Why giving someone your card is not enough
            Why you need a coach — and make sure it’s the right one
            Resources:
            REInvestorSummit.com/Fortunes
            REInvestorsummit.com/Grow
            REInvestorsummit.com/Capital
            Commercials:
            Fund and Grow
            Capital Connection

            Love the show? Subscribe, rate, review, and share!
            • Here’s How »
            • Join the Real Estate Investor Summit Community:
              • reinvestorsummit.com
              • Real Estate Investor Summit Facebook
              • Real Estate Investor Summit Twitter
              • Real Estate Investor Summit YouTube
              • Mitch Stephen LinkedIn
              • 50 min
              • Episode 15: Raising Private Money

                Dennis Henson is President of Vanguard Marketing and Investments, Inc. and the AREA (Arlington Real Estate Association of Investors. He is the inventor of “EvaluateMyDeals.com”, and the author of “Becoming Wealthy in Real Estate” an Investor’s Guide to Riches.

                Dennis is an expert at controlling property for profit without taking a title, along with many other creative techniques he teaches in his program. He has over 38 years investing in real estate, and has completed numerous and profitable real estate transactions throughout the Southern United States.

                He specializes in single family investing, but his complete knowledge of real estate expands with Options, Rent to Own, Land Contracts, Contracts for Deeds, Pre-Foreclosures, Foreclosures, Bankruptcies, Probates, Subject To’s, Wrap Around Mortgages, Seller Carry Back Notes, Land Trusts, Leases, and learning how to design creative financing are just a few subjects offered to his students.

                Dennis stays on the cutting edge of his trade by actively seeking out and teaching the latest innovative ideas in real estate. As a mentor and teacher, he has helped hundreds of investors get to the right start within this business. He also works with experienced investors helping them take their business to the next level.

                Regardless if you a new, or experienced investor, your ability to make money buying and selling, or buying and holding Single Family real estate lies in your knowledge, and implementation of the “The Seven Secrets of Successful Real Estate Investing.”

                What you’ll learn about in this episode:

                The seven secrets of real estate investing
                Why there’s more money out there than you will ever need
                The 12 ways to get money
                The downside of getting conventional loans
                The upside of private money
                Why you shouldn’t borrow more than 65% of a property’s value
                The biggest mistake people make when looking for private money
                Why you can’t feel like you’re taking advantage of the people you’re borrowing from
                What private money is
                How to find private money
                Why you have to exercise your “asking for private money” muscle
                Why Dennis goes to country clubs and Bass Pro Shops to find private money lenders
                Why you should talk to CPAs and attorneys
                Why giving someone your card is not enough
                Why you need a coach — and make sure it’s the right one
                Resources:
                REInvestorSummit.com/Fortunes
                REInvestorsummit.com/Grow
                REInvestorsummit.com/Capital
                Commercials:
                Fund and Grow
                Capital Connection





                50 min
              • Episode 14: Attention Real Estate Agents and Brokers — This Cloud Based Real Estate Brokerage is the Path to Residual Income
                Mike Powell is a creative real estate investor from San Antonio, Tx. He began selling commercial real estate in his early twenties to put himself through college at Texas A&M.

                His goal was to make his first million by age thirty. He smashed that goal. Today he specializes in finding private lenders, seller financing, and buying self-storage facilities.

                Mike continues to grow substantially year after year and attributes his success to God and his endless desire to keep learning and improving. He says, “I am a reflection of the mentors in my life”.

                Tim Macy is an Air Force Veteran and Real Estate Investor. He is a licensed agent with eXp Realty and leader of the Terrell-Macy Group. Tim and his partner Emily bring a unique product to the San Antonio real estate market, offering investors an investor friendly team while providing all of the great marketing and sales of a retail team. Tim is experienced in renovations, rentals, REOs, auctions, owner finance, and many other types of transactions.

                What you’ll learn about in this episode:
                What eXp is and how it’s changing the game
                How using a cloud based real estate brokerage will save YOU time
                The training that eXp provides and why it’s better than traditional brokerage training
                Why eXp is simply a financially superior solution to your brokerage needs — both now and in the future
                How eXp’s revenue sharing system rewards mentorship
                How eXp eliminates a lot of overhead for brokers and allows them to have many more agents underneath them
                The physical office spaces that eXp offers when needed
                Why Mike and Tim can’t imagine going back to the old way
                Why eXp truly is for everyone
                Why you won’t have any problems with eXp when it comes to protecting your brand
                The great success rates Mike and Tim have seen when selling people on joining eXp
                The great CRM you get to use with eXp
                The financial numbers you need to know about eXp
                Resources:
                REInvestorSummit.com/exp
                REInvestorsummit.com/Capital
                REInvestorsummit.com/NoteServicing
                Commercials:
                Capital Connection
                Moat Note Servicing

                Love the show? Subscribe, rate, review, and share!

              • Here’s How »


              • Join the Real Estate Investor Summit Community:

              • reinvestorsummit.com

              • Real Estate Investor Summit Facebook

              • Real Estate Investor Summit Twitter

              • Real Estate Investor Summit YouTube

              • Mitch Stephen LinkedIn

              • 32 min
              • Episode 14: Attention Real Estate Agents and Brokers — This Cloud Based Real Estate Brokerage is the Path to Residual Income

                Mike Powell is a creative real estate investor from San Antonio, Tx. He began selling commercial real estate in his early twenties to put himself through college at Texas A&M.

                His goal was to make his first million by age thirty. He smashed that goal. Today he specializes in finding private lenders, seller financing, and buying self-storage facilities.

                Mike continues to grow substantially year after year and attributes his success to God and his endless desire to keep learning and improving. He says, “I am a reflection of the mentors in my life”.

                Tim Macy is an Air Force Veteran and Real Estate Investor. He is a licensed agent with eXp Realty and leader of the Terrell-Macy Group. Tim and his partner Emily bring a unique product to the San Antonio real estate market, offering investors an investor friendly team while providing all of the great marketing and sales of a retail team. Tim is experienced in renovations, rentals, REOs, auctions, owner finance, and many other types of transactions.

                What you’ll learn about in this episode:

                What eXp is and how it’s changing the game
                How using a cloud based real estate brokerage will save YOU time
                The training that eXp provides and why it’s better than traditional brokerage training
                Why eXp is simply a financially superior solution to your brokerage needs — both now and in the future
                How eXp’s revenue sharing system rewards mentorship
                How eXp eliminates a lot of overhead for brokers and allows them to have many more agents underneath them
                The physical office spaces that eXp offers when needed
                Why Mike and Tim can’t imagine going back to the old way
                Why eXp truly is for everyone
                Why you won’t have any problems with eXp when it comes to protecting your brand
                The great success rates Mike and Tim have seen when selling people on joining eXp
                The great CRM you get to use with eXp
                The financial numbers you need to know about eXp
                Resources:
                REInvestorSummit.com/exp
                REInvestorsummit.com/Capital
                REInvestorsummit.com/NoteServicing
                Commercials:
                Capital Connection
                Moat Note Servicing

                Love the show? Subscribe, rate, review, and share!
                • Here’s How »
                • Join the Real Estate Investor Summit Community:
                  • reinvestorsummit.com
                  • Real Estate Investor Summit Facebook
                  • Real Estate Investor Summit Twitter
                  • Real Estate Investor Summit YouTube
                  • Mitch Stephen LinkedIn
                  • 34 min
                  • Episode 14: Attention Real Estate Agents and Brokers — This Cloud Based Real Estate Brokerage is the Path to Residual Income

                    Mike Powell is a creative real estate investor from San Antonio, Tx. He began selling commercial real estate in his early twenties to put himself through college at Texas A&M.

                    His goal was to make his first million by age thirty. He smashed that goal. Today he specializes in finding private lenders, seller financing, and buying self-storage facilities.

                    Mike continues to grow substantially year after year and attributes his success to God and his endless desire to keep learning and improving. He says, “I am a reflection of the mentors in my life”.

                    Tim Macy is an Air Force Veteran and Real Estate Investor. He is a licensed agent with eXp Realty and leader of the Terrell-Macy Group. Tim and his partner Emily bring a unique product to the San Antonio real estate market, offering investors an investor friendly team while providing all of the great marketing and sales of a retail team. Tim is experienced in renovations, rentals, REOs, auctions, owner finance, and many other types of transactions.

                    What you’ll learn about in this episode:

                    What eXp is and how it’s changing the game
                    How using a cloud based real estate brokerage will save YOU time
                    The training that eXp provides and why it’s better than traditional brokerage training
                    Why eXp is simply a financially superior solution to your brokerage needs — both now and in the future
                    How eXp’s revenue sharing system rewards mentorship
                    How eXp eliminates a lot of overhead for brokers and allows them to have many more agents underneath them
                    The physical office spaces that eXp offers when needed
                    Why Mike and Tim can’t imagine going back to the old way
                    Why eXp truly is for everyone
                    Why you won’t have any problems with eXp when it comes to protecting your brand
                    The great success rates Mike and Tim have seen when selling people on joining eXp
                    The great CRM you get to use with eXp
                    The financial numbers you need to know about eXp
                    Resources:
                    REInvestorSummit.com/exp
                    REInvestorsummit.com/Capital
                    REInvestorsummit.com/NoteServicing
                    Commercials:
                    Capital Connection
                    Moat Note Servicing

                    Love the show? Subscribe, rate, review, and share!
                    • Here’s How »
                    • Join the Real Estate Investor Summit Community:
                      • reinvestorsummit.com
                      • Real Estate Investor Summit Facebook
                      • Real Estate Investor Summit Twitter
                      • Real Estate Investor Summit YouTube
                      • Mitch Stephen LinkedIn
                      • 34 min
                      • Episode 14: Attention Real Estate Agents and Brokers — This Cloud Based Real Estate Brokerage is the Path to Residual Income

                        Mike Powell is a creative real estate investor from San Antonio, Tx. He began selling commercial real estate in his early twenties to put himself through college at Texas A&M.

                        His goal was to make his first million by age thirty. He smashed that goal. Today he specializes in finding private lenders, seller financing, and buying self-storage facilities.

                        Mike continues to grow substantially year after year and attributes his success to God and his endless desire to keep learning and improving. He says, “I am a reflection of the mentors in my life”.

                        Tim Macy is an Air Force Veteran and Real Estate Investor. He is a licensed agent with eXp Realty and leader of the Terrell-Macy Group. Tim and his partner Emily bring a unique product to the San Antonio real estate market, offering investors an investor friendly team while providing all of the great marketing and sales of a retail team. Tim is experienced in renovations, rentals, REOs, auctions, owner finance, and many other types of transactions.

                        What you’ll learn about in this episode:

                        What eXp is and how it’s changing the game
                        How using a cloud based real estate brokerage will save YOU time
                        The training that eXp provides and why it’s better than traditional brokerage training
                        Why eXp is simply a financially superior solution to your brokerage needs — both now and in the future
                        How eXp’s revenue sharing system rewards mentorship
                        How eXp eliminates a lot of overhead for brokers and allows them to have many more agents underneath them
                        The physical office spaces that eXp offers when needed
                        Why Mike and Tim can’t imagine going back to the old way
                        Why eXp truly is for everyone
                        Why you won’t have any problems with eXp when it comes to protecting your brand
                        The great success rates Mike and Tim have seen when selling people on joining eXp
                        The great CRM you get to use with eXp
                        The financial numbers you need to know about eXp
                        Resources:
                        REInvestorSummit.com/exp
                        REInvestorsummit.com/Capital
                        REInvestorsummit.com/NoteServicing
                        Commercials:
                        Capital Connection
                        Moat Note Servicing





                        34 min

                      About 1000Houses.com Podcast

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