In this episode of The Probate House Guy Podcast, Brad sits down with James Kolde, a successful real estate investor from Minnesota, to discuss his journey from being a firefighter to flipping hundreds of houses annually. James shares how he transitioned into real estate, built a thriving business, and the lessons he's learned along the way. He emphasizes the importance of having no backup plan when pursuing success, why hiring the right people matters, and the value of adapting to market shifts. James also dives into the business strategies that helped him scale, including their "business in a box" model and the importance of maintaining integrity in deals. This episode is packed with valuable insights for anyone in the real estate investing space.

Timeline Summary:

[0:00] - Introduction [1:04] - James introduces his background as a firefighter and how he fell into real estate investing. [3:11] - The turning point: writing a business plan on a napkin and hitting 30 deals within six months. [10:45] - Transitioning from laborer to business owner and the challenges of stepping back from hands-on work. [14:03] - The power of "burning the boats"—going all in with no backup plan. [22:00] - Hiring challenges and the importance of surrounding yourself with the right team. [26:13] - Navigating seasonal slowdowns in the real estate market and timing deals strategically. [36:41] - James' core values in business: "Do the right thing, and the money will follow."

Links & Resources:

• Contact James Kolde: [email protected]

Closing Remarks:

If you enjoyed this episode, don't forget to rate, follow, and share the Probate House Guy Podcast. And if you're ready to dive into probate real estate or need help with your marketing, head over to probatehouseguy.com for more info!