Flip Talk Rookie Playbook

RJ Bates is a real estate wholesaler and the CEO of Titanium Investments, a Texas-based real estate company that fixes, buys, and sells properties to help local investors as well as the community. With nearly a decade of experience, Mike Cowper has seen his fair share of success in the real estate investment industry. Mike is also a wholesaler as well as a serial entrepreneur. He is the owner of Return on Investments, LLC., a company that specializes in acquiring off-market properties at discounted prices to sell them to prospective buyers, as well as the Founder of The Inner Circle Elite Mastermind.

RJ and Mike join me today to discuss the different challenges they encountered during the COVID-19 pandemic and the strategies they used to continue doing business. They describe the big changes that happened in their respective markets and how they’re making do with virtual wholesaling. They explain why they prefer closing deals over the phone and why this skill is an advantage today. RJ and Mike also discuss the benefits of being part of a mastermind group and how joining a mastermind can help you take your real estate business to the next level.

“Bigger isn’t always better. Sometimes it is what people want to strive for, but figure out what you want.” - Mike Cowper

On Today’s Episode of Flip Talk:

Connect with RJ Bates:

Connect with Mike Cowper:

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Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook, YouTube,  and visit our website for even more content, information, and resources about real estate investing.

Your marketing efforts have finally come to fruition, and you now have a chance to apply all the lessons you learned in the last several weeks. Your first deal is right around the corner, but you’re also nervous because you might screw up an otherwise blockbuster deal. Let us help you land your first deal.

Today, Don and Ryan discuss how to respond to leads and calls for meetings. They share their own experience with some of their favorite leads, their step-by-step formula for analyzing the numbers, and what type of deals you should focus on as a beginner. They also explain some of their methods when it comes to turning a profit and why you shouldn’t get inspiration from HGTV when it comes to rehab.

"Only rehab to the level of the neighborhood you're working in.” – Ryan Scialabba

This Week on FlipTalk’s Rookie Play Book:

Key Takeaways:

Resources Mentioned:

Connect with Don and Ryan

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook  and visit our website for even more content, information, and resources about real estate investing.

Gary Boomershine is the founder of REIvault, a real estate service provider that helps investors scale their business faster through automation and virtual staffing. Robert Syfert is the owner of USA Portfolio Real Estate, a turn-key investment company that deals in single-family rental properties. They are the visionaries behind RealEstateInvestor.com, a platform that serves as a major resource for real estate education and community leverage.

Gary and Robert join me today to discuss how businesses can thrive during the COVID=19 lockdown and the strategies they applied to their own companies. They share how automation can solve a lot of scalability problems and why they make use of virtual staff. They describe why wholesaling isn’t the core of real estate and explain why they predict huge market discounts in the next 18 months. Gary and Robert also share some of the tools they use to make real estate investing easier.

"As a real estate investor, there's one thing you can't automate, and that's talking to people." - Gary Boomershine

On Today’s Episode of Flip Talk:

Resources Mentioned:

Connect with Gary Boomershine:

Connect with Robert Syfert:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook, YouTube,  and visit our website for even more content, information, and resources about real estate investing.

All the real estate marketing effort you do through networking, as well as free and low-cost marketing, leads you to the next step in your business -- generating leads. Without clients, your company will cease to exist. Calling people to generate leads is one of people’s biggest hang-ups. The question remains -- how far you are willing to go to take your business and career to another level?

On today’s episode, Ryan joins me to share how to alleviate the pressure of getting leads. We talk about the common fears people have when talking to potential clients on the phone, why it’s okay to make mistakes, and a couple of key data points to remember when generating leads on the phone.

"It’s about the relationship, not the numbers.” – Ryan Scialabba

This Week on FlipTalk’s Rookie Play Book:

Key Takeaways:

Resources Mentioned:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook  and visit our website for even more content, information, and resources about real estate investing.

Todd Swaggertyis the owner of Yellow Letter HQ, a company that specializes in direct mail marketing for real estate investors. Michael Singletary is the CEO of Skip Force, a business that provides investors with the latest telecommunications marketing data. Todd founded Yellow Letter HQ to help investors, both old and new, have the best direct mail marketing has to offer, while Michael's company guarantees high-quality data at an affordable cost. 

Todd and Michael join me today to share how they’re continuing their businesses despite city-wide lockdowns. They discuss their experiences during the 2008 Crash and the lessons they learned about risk management. They explain how investors can still do business and convert leads through direct mail, cold-calling, and follow-ups. Todd and Michael also share tips for people who want to continue buying and selling from their homes.

“Follow-up has obviously been important in our business, but right now, it's crucial.” - Michael Singletary

On Today’s Episode of Flip Talk:

Connect with Todd Swaggerty:

Connect with Michael Singletary:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook, YouTube,  and visit our website for even more content, information, and resources about real estate investing.

FT169 - We survived 2008 and this is how we are planning with Jamil Damji and Cuthberto Ramos

Jamil Damji is a real estate wholesaler and Co-Founder of KeyGlee, a company that uses a virtual system of flipping houses. Cuthberto Ramos is the Co-Owner of Capitalist Masters Group, a company that provides clients real estate solutions, whether they’re buying or selling. Both great investors and survivors of the 2008 crash, they came out more successful and have since figured out how to recession-proof their companies.

Jamil and Cuthberto join me today to share their 2008 Crash stories as they compare and contrast it with the current economic situation. They discuss how their businesses fared during and after the 2008 Crash and the steps they took to ensure they protect themselves better. They describe how their businesses are doing during this lockdown period and how they’re able to continue conducting business. Jamil and Cuthberto also share valuable advice to investors who are looking for opportunities in the current market.

“You're not going to find the opportunities that are going to present themselves if you're stuck in the past or looking to the future. Everything is happening right now.” - Jamil Damji

On Today’s Episode of Flip Talk:

Connect with Jamil Damji:

Connect with Cuthberto Ramos:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook, YouTube,  and visit our website for even more content, information, and resources about real estate investing.

Five weeks in and not only do you have a grasp of the basics and some advanced strategies, but you’ve also expanded your network and learned many ways you can market yourself and generate leads. You know some cool tricks, especially ones that involve software, but what if you’re short on cash to afford those? In that case, there’s one tried and tested marketing strategy that might just save you: door-knocking.

Today, Don and Ryan discuss door-knocking, one of the oldest marketing tricks in the book, if not the first. They each share their reasons why door-knocking is effective, what it was like when they did it for the first time, and why they’re still doing it now. They also describe some of the misconceptions about door-knocking and give their tips on how to increase your success.

"The people who consistently market win day in and day out.” – Ryan Scialabba

This Week on FlipTalk’s Rookie Play Book:

Key Takeaways:

Connect with Don and Ryan

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook  and visit our website for even more content, information, and resources about real estate investing.

Krista Garren is a real estate investor working in multiple markets across the U.S. She engages in rehabs, wholesaling, foreclosure, and real estate consultations. She is also part of Sprout Financial, a company that helps customers get funding, even if credit is a problem, through Unsecured Lines of Credit at 0% interest and low-interest Term Loans. Krista was also part of the hit real estate show Flip It To Win It.

Krista joins me today to share how you can get funding for your business if the bank rejects your application for a loan. She discusses the lockdown situation of the country and what she sees in her market. She explains what Sprout Financial is and how they can help business owners get funded. She describes some of the ways banks get a hold of your transactions. Krista also shares why so many loan applicants are getting denied for fraud and why entrepreneurs should seek solid business credit for their organizations.

“This is the time to jump in, hit the gas, and get out there and get something done.” - Krista Garren

On Today’s Episode of Flip Talk:

Resources Mentioned:

Connect with Krista Garren:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook, YouTube,  and visit our website for even more content, information, and resources about real estate investing.

Jack Bosch is a real estate investor who primarily focuses on land transactions. He has been in the industry for over 17 years and is currently teaching new investors on how to become successful without the complications and competition of flipping houses. To give back to the community, he offers free online training through his website, Land Profit Fun. He is also the host of the Forever Cash podcast, where he talks about producing cash flow and keeping it flowing.

Jack joins me to share why he decided to pursue land flipping and its advantages over house flipping. He discusses what happened with his first deal and how he messed it up. He explains why land flipping is simpler and easier to do virtually than traditional real estate. Jack also discusses how he computes for the land valuations of different states and the techniques he uses to manage and close those deals.

“Flipping land is the simplification of real estate.” - Jack Bosch

On Today’s Episode of Flip Talk:

Connect with Jack Bosch:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook, YouTube,  and visit our website for even more content, information, and resources about real estate investing.

We are already in the fourth week, and this time it’s all about lead generation and marketing. Getting educated is important in any industry, but it’s all for nothing if you can’t actually buy a property. Where do you start? What kind of marketing tactics should a beginner employ?

Today, Don and Ryan describe their first marketing strategies when they were new and how they’ve improved since. They explain the different types of marketing available at your disposal as well as help you know which ones you should focus on. They also illustrate the importance of consistency from a capital viewpoint.

"It doesn't matter how much money you spend in marketing. If you're not consistent you're throwing your money away.” – Don Costa

This Week on FlipTalk’s Rookie Play Book:

Key Takeaways:

Rate, Review, Learn and Share

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

Join the community of FlipTalk fans on Facebook  and visit our website for even more content, information, and resources about real estate investing.