Real Estate Investing For Retirement

Misty and Christopher discuss the recent NAR (National Association of Realtors) lawsuit over inflated commissions.

The lawsuit claims that NAR and several large brokerages inflated commissions for sellers and buyers.

The verdict can change the way buyer agent commissions are paid and has the possibility to change the way homes are bought and sold.

Check out the article used in the episode here: https://www.nar.realtor/breaking-news/update-in-case-of-burnett-v-nar-et-al

Dr. Johnoson Crutchfield was always told growing up, “go to college and get a good job.” He never considered the possibility of owning and running his own business.

After college, Dr. Crutchfield started working as a teacher- with no official classroom. He then became principal, and eventually a professor at the University of Mississippi.

Dr. Crutchfield started listening to early real estate and money podcasts, but it wasn’t until an elder at his church introduced him to real estate investing that he realized this was something he could do for himself and his family.

Dr. Crutchfield discusses how he started investing, his first rental property experience, thoughts on education and the investing in hospitality, his challenges, and advice on investing, scaling, and more!

Get in contact with Dr. Johnoson Crutchfield at his website: grabthemap.com

Sometimes you have to give something up to go up to get where you want to get in life or business.

Misty gave up her hopes of being a stay at home mom to make their brokerage and property management company successful, and Christopher gave up his teenage years to become successful in Jiu-Jitsu and learn business from his mentor.

It’s not uncommon to have to trade a part of a hope or expectation in order to make your ultimate dream come true. A good balance is key to leveling up in your life and business.

Sometimes, it’s more the idea of giving something up than the actual action of giving up. In the moment, it’s harder to push past the thought of giving it up but it pays off in the long run.

Blake Johnson started his remodeling company, Finishing Touches, almost on a whim. He started cold calling “we buy houses” bandit sign numbers to find homes to remodel.

Blake had almost no experience in remodeling before jumping in head first. He learned everything he knows by experiencing it hands first.

Blake discusses his time on HGTV’s Flip or Flop Fort Worth, scaling his business, memorable and challenging remodels, multifamily experiences, mindset and burnout, and he also gives advice for other business owners.

Agents: is a first time home buyer your target client?

Listen to this!

Misty and Christopher talk about first time home buyer struggles for agents and their own experiences buying their first houses.

Cold feet, handholding and education are just a few struggles you may face as an agent catering to first time home buyers. Don’t turn your back to this clientele, just be aware of some obstacles you may face.

Jason Wojo found that having a regular 9-5 job was not for him. He realized that he wanted to be successful without having someone controlling when he works and how he works.

Jason met the Founder of Lifeonaire, Tim Cook, by chance and it changed his trajectory. Eventually he ended up becoming a real estate investor and coaching for Lifeonaire.

Jason discusses books & courses, Lifeonaire, automation, investments, mindset and advice.

Oxford English Dictionary definition of Bootstrap: to create something using the minimum amount of resources possible.

Learning how to bootstrap your business is a very valuable skill that can be learned with time and practice. Every entrepreneur needs to learn how to bootstrap to be able to be self-sustaining.

Misty and Christopher discuss how they bootstrapped their business and how they continue to bootstrap, why it’s an important skill, and tips and tricks on how you can bootstrap your business as well.

Tyler Hodgson got his start in the mortgage industry almost by accident. He went in to get a mortgage and was denied, but he left with an accounting job instead.

Tyler is a United States Marine Corps veteran and has an accounting degree from University of North Texas.

After working as the accountant for the mortgage company, he was able to purchase his first house and started his real estate investing career. Tyler eventually got his mortgage license and went all in in the mortgage company. He decided to start his own mortgage company, NXT Mortgage, after closing 12 transactions.

Tyler shares his origin story and tips on mortgages, loans, seller concessions, investing strategies, and more in this episode of the podcast!

NXT Mortgage: https://www.nxtmortgage.com/

Feeling like you have too many tabs open?

Misty and Christopher discuss ways they overcome their overwhelmed feelings to come back stronger.

Zach Coppinger is a long time real estate investor and owns GoodBuy Homes, a cash home buying company.

Zach got his interest in real estate investing at a young age. His neighbor growing up was an investor and introduced him to the world of investing. After college, he worked for a fast food franchiser before realizing that fast food wasn’t the industry he wanted to be in.

Zach later worked for Tim Herriage (Episode 40) and Scott Horne (Episode 15), and learned an infinite amount of knowledge and grew his network of other investors and entrepreneurs. With the skills he learned under Tim and Scott, he branched off and formed his own home buying company, GoodBuy Homes.

GoodBuy Homes: https://www.goodbuyhomes.com/