Investor Cheat Code Podcast with Mike Simmons

Live Q&A - When to Hire Manager-Level Employees, Single-Family vs Multi-Family, Hiring Virtual Teams, and Reading the Market Environment


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Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.

 

This presentation is the live Q&A that I did on June 30th and each week on Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!




Notable Quotes:

 

“We don’t change our marketing based on market conditions. We adjust our marketing based on the metrics that we track.”

 

“From a marketing standpoint, we do more or less of certain things based on how effective they are.”

 

“We have a dashboard of Key Performance Indicators that we track in our business.”

 

“I think a virtual team sometimes takes a higher level of management.”

 

“Having a good company culture is something that happens on purpose.”

 

“You have to purposefully create, foster, and nurture a good company culture.”

 

“The real estate market is almost always good for somebody.”

 

“I just adapt and change my philosophies to match the market that I am in.”

 

“It was probably only ignorance and fear that kept me from investing in multi-family early on.”

 

“Everyone on my buyers’ list gets to look at a deal at the same time. I want open competition to prevail.”

 

“The worst buyers’ list is the list of one.”

 

“If you have one person interested in your deal, you are screwed. You need to have a bidding war, you need to have competition.”




Links:

Business Fast Track Blueprint

FREE Success Evaluator

FREE Blueprint to Fast Growth Webinar

7 Figure Flipping

Return on Investments

Just Start Real Estate

JSRE on Facebook

Mike on Facebook

Mike on Instagram

Mike on LinkedIn

Mike on Twitter

Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months



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