Joe Doyle is a full time real estate investor and family man in Kamloops and had been producing extraordinary results renovating in Kamloops. You'll love to hear his story from rough beginnings to success in business through hard work and determination, and his drive and passion are easy to admire.
- Tough Beginnings (2m:22s).
- Built and sold a bar and moved to Kamloops(3m:10s).
- The pub industry, how Joe grew a fledgling Vancouver bar from zero to $2.4M in sales, $1.75 at a time (4m:15s).
- Grew up in Kamloops foster care but left in grade 8 to live with aunt/uncle, worked as a "petroleum transport technician" every day, (6m:10s).
- "When people are waking up I am working, when people are going to bed I'm still working. It's the inevitable way to get ahead, 8 hours aint gonna do it!" (7m:00s).
- Moved to Vancouver and worked in service industry, became an expert in the area, built a bar. (7m:30s).
- Working 18 hours/day wasn't good for the family (8m:20s).
- Several other business ventures: transport truck wash, pizza shop, car wash, drainage company, mortgage broker, ice cream shop (11m:15s).
- All these business required Joe to be there trading time for dollars. Real estate investing doesn't, it's far more passive, so it's way better because he can spend more time with wife Stacy and 4yr old daughter Zaria (12m:20s).
- Joe is proud of his wife who is very supportive, one of the most important things to an entrepreneurs (15m:05s).
- Joe has done three renovation deals this year, is trying to hold as many as possible. (17m:00s)
- Joe's best friend and business partner Angus is also into real estate and cars. Sam and Joe talk cars for a bit. (18m:02s).
- Joe recounts a childhood story where an adult tried to stomp on his dreams about owning a Porsche. "I looked at him dead straight in the eye and said to him - I will have one!" (22m:45s).
- How to make business relationships by sharing your interests with others (23m:55s).
- How Joe found a successful mentor for the past 15 years - Eitan Sharir: www.dynamicachievement.com - by knocking on doors of an affluent neighborhoods for 3 hours looking for advice! ( 27m:01s).
- "If you want something, go get it!" (30m:57s).
- "The harder you work, the luckier you get." (31m:00s).
- Deal example in Kamloops: huge cashflow in Kamloops, flipping a house for $72K net profit in 46 days (32m:30s).
- Stats Can research in areas for Elementary School Grade 1 Enrollment drove the decision, Joe has a great ability to identify the up and coming area through research like this (35m:25s).
- How to flip a property before work is even completed, and how much good and profit can come from a single flip. (36m:19s).
- Why join a real estate club? (41m:55s)
Off the record Joe said he made 15 offers/day when he is looking for a deal, so he certainly knows how to take massive action, we're looking forward to having him on the R.E.N.T.S. Podcast again!
Contact Joe:
[email protected]
c 250.572.7070
Joe's Bio: "When people are doing what they are passionate about and have a true joy in creating value where once was lack of, everybody in and around are lifted up and inspired, there just seems to be that element of pure joy when revitalization takes place. My great passion is to bring that element of revitalization in and around my city in regards to my real-estate investment aspirations.
I know that there is no single approach in regards to the rehabilitation of real-estate and most if not all are a case by case basis. I pride myself on sourcing out the project , negotiating the deal , building a solid plan and executing that plan to its entirety. As well as solid EXIT strategies. I have personally rehabbed and flipped many properties in and around my city as well as rehabbed and held ( rentals ) adding to my portfolio. All while building strong communities and economic growth in the area. With all this...
