Storage Wins

Alex is starting to build a rental portfolio and he offers some advice and tips he’s received from his mastermind group on how to find a good property management company. Alex is just learning about this industry, so if you have any advice for him on what a good rental portfolio looks like, please feel free to email and connect with Alex!

Key Takeaways:

• Alex shares what he’s grateful for.
• Alex’s team members are grateful for the company culture they have.
• Are you a wholesaler in Cleveland, Ohio? Alex would like to talk to you. Send him an email: [email protected]
• What’s the difference between A, B, and C class areas?
• Alex doesn’t have a lot of experience with dealing with property management companies, which is why he reached out to his mastermind.
• Property management companies can make or break your rentals.
• What is the property management company’s procedure when someone doesn’t pay?
• If possible, connect with some of the property management’s clients.
• If you have a rental portfolio, please connect with Alex!
• Wholesaling is an amazing business, but you constantly have to hustle.
• Figure out what’s the wealth building vehicle that makes sense to you.
• Please subscribe to the show!

Mentioned in This Episode:

Feel free to connect with Alex about doing a JV! Email him at [email protected]

Check out the Holiday Mastermind (in Bimini) Video Trailer Here.

To apply for our next Holiday Mastermind in (Exotic Location TBD), please go here: Flipempire.com/holidaymastermind

Interested in joining Alex's team as an Acquisitions Specialist (outside sales)? Apply Here

Tweetables:

“Property management companies can make or break your rentals.”

“Whenever you can get feedback from actual existing clients, that’s always preferred.”

“Wholesaling is a transactional business and you’re constantly on the go. It’s a grind.”

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Adrian Lyew is back to complete the second part of this masterclass. He dives into systems and processes on today's show but also reminds the audience that it's still important to keep 'eating' as well. You will never get the perfect CRM system and spending too much on the process side of things can end up making you starve and not generate any new deals. It's important to keep a healthy balance between the two!

Key Takeaways:

• Everybody understands the importance of systems in their business, but that means other areas of their business may go unnoticed.
• Don't forget to listen to Part 1 with Adrian!
• Adrian kicks ass at his job because he's operating in his genius zone.
• Adrian explains how he works diligently and keeps focused.
• Spend some time reflecting what your strengths are.
• What does Adrian mean by 'building strong systems'?
• You're not going to make money by twiddling in your CRM all day.
• Hustle to get those first deals, but if you want to scale and grow, you need to get organized (and have processes put in place).
• What do you do when you're just not an organized person?
• Get things out of your 'headspace' so you can move faster and get more diligent with the things you have to do.
• Don't blame the person who didn't do it, blame the direction that they were given.
• How do you structure or create a system or a process? Adrian shares an example.
• You need to update or keep an eye on those SOP documents every month.
• Don't over complicate it. Take things one at a time.
• What's one thing Adrian wishes he had done sooner knowing what he knows now?

Mentioned in This Episode:

Adrian on LinkedIn

"Episode 236: Adrian Lyew: The Value of Great Partners Means You Have Each Other's Backs During the Toughest of Days Part 1"

Tweetables:

"Adrian has a slightly different take on chasing many rabbits and catching none. He's somebody who has positioned himself in a unique way."

"Sometimes you need to slow down in order to speed up."

"When something doesn't happen, don't blame the person who didn't do it, blame the direction that they were given."

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Adrian Lyew is back to complete the second part of this masterclass. He dives into systems and processes on today’s show but also reminds the audience that it’s still important to keep ‘eating’ as well. You will never get the perfect CRM system and spending too much on the process side of things can end up making you starve and not generate any new deals. It’s important to keep a healthy balance between the two!

Key Takeaways:

• Everybody understands the importance of systems in their business, but that means other areas of their business may go unnoticed.
• Don’t forget to listen to Part 1 with Adrian!
• Adrian kicks ass at his job because he’s operating in his genius zone.
• Adrian explains how he works diligently and keeps focused.
• Spend some time reflecting what your strengths are.
• What does Adrian mean by ‘building strong systems’?
• You’re not going to make money by twiddling in your CRM all day.
• Hustle to get those first deals, but if you want to scale and grow, you need to get organized (and have processes put in place).
• What do you do when you’re just not an organized person?
• Get things out of your ‘headspace’ so you can move faster and get more diligent with the things you have to do.
• Don’t blame the person who didn’t do it, blame the direction that they were given.
• How do you structure or create a system or a process? Adrian shares an example.
• You need to update or keep an eye on those SOP documents every month.
• Don’t over complicate it. Take things one at a time.
• What’s one thing Adrian wishes he had done sooner knowing what he knows now?

Mentioned in This Episode:

Adrian on LinkedIn

“Episode 236: Adrian Lyew: The Value of Great Partners Means You Have Each Other’s Backs During the Toughest of Days Part 1”

Tweetables:

“Adrian has a slightly different take on chasing many rabbits and catching none. He’s somebody who has positioned himself in a unique way.”

“Sometimes you need to slow down in order to speed up.”

“When something doesn’t happen, don’t blame the person who didn’t do it, blame the direction that they were given.”

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Do you find yourself being a bit of a scatterbrain right now? Alex shares his reflections on what a little bit of focus can really do for your life. You can make big, big strides in your goals by cutting out the distractions and having a one-track mindset. Listen in for more!

Key Takeaways:

• Are you mentally focused right now or are you scattered?
• Are you clear on your goals? Do you know what YOU want?
• When you get kicked down, get up and keep going. Learn from your hardships.
• How long does it take to burn a hole through a leaf?
• Living your vision is actually cheaper than the alternative.
• Ask yourself: "Am I focused enough?"
• Thank you so much for the feedback!! Keep them coming.

Mentioned in This Episode:

Feel free to connect with Alex about doing a JV! Email him at [email protected]

Check out the Holiday Mastermind (in Bimini) Video Trailer Here.

To apply for our next Holiday Mastermind in (Exotic Location TBD), please go here: Flipempire.com/holidaymastermind

Interested in joining Alex's team as an Acquisitions Specialist (outside sales)? Apply Here

Tweetables:

"What you focus on, expands!"

"You're going to get kicked in the teeth and punched in the gut. I promise you it's going to happen!"

"It's amazing how things start to happen by being focused."

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Do you find yourself being a bit of a scatterbrain right now? Alex shares his reflections on what a little bit of focus can really do for your life. You can make big, big strides in your goals by cutting out the distractions and having a one-track mindset. Listen in for more!

Key Takeaways:

• Are you mentally focused right now or are you scattered?
• Are you clear on your goals? Do you know what YOU want?
• When you get kicked down, get up and keep going. Learn from your hardships.
• How long does it take to burn a hole through a leaf?
• Living your vision is actually cheaper than the alternative.
• Ask yourself: “Am I focused enough?”
• Thank you so much for the feedback!! Keep them coming.

Mentioned in This Episode:

Feel free to connect with Alex about doing a JV! Email him at [email protected]

Check out the Holiday Mastermind (in Bimini) Video Trailer Here.

To apply for our next Holiday Mastermind in (Exotic Location TBD), please go here: Flipempire.com/holidaymastermind

Interested in joining Alex's team as an Acquisitions Specialist (outside sales)? Apply Here

Tweetables:

“What you focus on, expands!”

“You’re going to get kicked in the teeth and punched in the gut. I promise you it’s going to happen!”

“It’s amazing how things start to happen by being focused.”

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Adrian Lyew has been working side-by-side with Alex for the last three to four years. As a dispositions and marketing manager, Adrian is able to focus on his core strengths without getting burned out or distracted. Find out more about Adrian and how he makes it all work on today's episode. This is Part 1 of two, so be sure to check in next week for the next episode!

Key Takeaways:

• Who is Adrian and how did he get into real estate?
• Adrian and Alex share how they met and why it made sense to join forces.
• If you're wearing all the hats in your business, you don't have a business. You have a high-paying job.
• Adrian reflects on what it means to have a good partner by your side.
• The best part is both Adrian and Alex have structured it in a way where they can take time off without the business skipping a beat.
• When you're open and honest with each other, you're going to go so much further. No one holds grudges.
• How has Adrian been involved in two to three businesses at the same time and is still able to keep focus?
• What's your unique ability? It's important to know what strengths you bring to the table (and also what you suck at).
• Stay tuned for Part 2 to get more insights into how you can improve your business and move those deals!
• How you do anything is how you do everything.

Mentioned in This Episode:

Adrian on LinkedIn

Connectedinvestors.com

Book Recommendation:

Unique Ability 2.0: Discovery – Define Your Best Self, by Catherine Nomura, Julia Waller, and Shannon Waller

The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results, by Gary Keller with Jay Papasan

Tweetables:

"As the leader of your business, figure out where the holes are in your business and where can I put in someone that will excel"

"When you're open and honest with each other, you're going to go so much further."

"In everything you do, go all out. Treat it as your business even if it's not and strive to add so much value to whatever you do."

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Adrian Lyew has been working side-by-side with Alex for the last three to four years. As a dispositions and marketing manager, Adrian is able to focus on his core strengths without getting burned out or distracted. Find out more about Adrian and how he makes it all work on today’s episode. This is Part 1 of two, so be sure to check in next week for the next episode!

Key Takeaways:

• Who is Adrian and how did he get into real estate?
• Adrian and Alex share how they met and why it made sense to join forces.
• If you’re wearing all the hats in your business, you don’t have a business. You have a high-paying job.
• Adrian reflects on what it means to have a good partner by your side.
• The best part is both Adrian and Alex have structured it in a way where they can take time off without the business skipping a beat.
• When you’re open and honest with each other, you’re going to go so much further. No one holds grudges.
• How has Adrian been involved in two to three businesses at the same time and is still able to keep focus?
• What’s your unique ability? It’s important to know what strengths you bring to the table (and also what you suck at).
• Stay tuned for Part 2 to get more insights into how you can improve your business and move those deals!
• How you do anything is how you do everything.

Mentioned in This Episode:

Adrian on LinkedIn

Connectedinvestors.com

Book Recommendation:

Unique Ability 2.0: Discovery – Define Your Best Self, by Catherine Nomura, 
Julia Waller, and Shannon Waller

The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results, 
by Gary Keller with Jay Papasan

Tweetables:

“As the leader of your business, figure out where the holes are in your business and where can I put in someone that will excel”

“When you’re open and honest with each other, you’re going to go so much further.”

“In everything you do, go all out. Treat it as your business even if it’s not and strive to add so much value to whatever you do.”

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Alex was encountering a huge bottleneck in his business when it came to the returned mailers. You never want to just throw away a returned mailer because you never know where you might find a deal, but it can be a tedious process to sift through it all and get updated address for them. Alex shares a tip he found out about on the show that helped him automate the process!

Key Takeaways:

• What does Alex do with his returned mailers?
• There are deals in the return mail. Don't let it sit there.
• There's a lot of manual legwork involved to handle those return mailers and that's why other investors don't do it. It's a headache.
• BUT! There's a way to automate this process.
• Before automating the process, Alex hired someone to do it manually and he wasn't able to keep up with the large volume of it all.
• Look up "ERS" aka 'Electronic Return Service' and see if your direct mail fulfillment center provides it.
• It's amazing this service exists! It will save you a lot of time and money.
• Hope that this quick tip helps you! Feel free to message Alex if it does.

Mentioned in This Episode:

Feel free to connect with Alex about doing a JV! Email him at [email protected]

Check out the Holiday Mastermind (in Bimini) Video Trailer Here.

To apply for our next Holiday Mastermind in (Exotic Location TBD), please go here: Flipempire.com/holidaymastermind

Interested in joining Alex's team as an Acquisitions Specialist (outside sales)? Apply Here

Tweetables:

"Many people don't do anything with their return mail and it's basically like flushing money down the toilet."

"Our return mail was a bottleneck. I had someone who just wasn't able to keep up with the volume of the return mail."

"Your direct mail fulfillment center, if they offer this service, will go ahead and send you the spreadsheet with all of the returned mailers and updated addresses."

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Alex was encountering a huge bottleneck in his business when it came to the returned mailers. You never want to just throw away a returned mailer because you never know where you might find a deal, but it can be a tedious process to sift through it all and get updated address for them. Alex shares a tip he found out about on the show that helped him automate the process!

Key Takeaways:

• What does Alex do with his returned mailers?
• There are deals in the return mail. Don’t let it sit there.
• There’s a lot of manual legwork involved to handle those return mailers and that’s why other investors don’t do it. It’s a headache.
• BUT! There’s a way to automate this process.
• Before automating the process, Alex hired someone to do it manually and he wasn’t able to keep up with the large volume of it all.
• Look up “ERS” aka ‘Electronic Return Service’ and see if your direct mail fulfillment center provides it.
• It’s amazing this service exists! It will save you a lot of time and money.
• Hope that this quick tip helps you! Feel free to message Alex if it does.

Mentioned in This Episode:

Feel free to connect with Alex about doing a JV! Email him at [email protected]

Check out the Holiday Mastermind (in Bimini) Video Trailer Here.

To apply for our next Holiday Mastermind in (Exotic Location TBD), please go here: Flipempire.com/holidaymastermind

Interested in joining Alex's team as an Acquisitions Specialist (outside sales)? Apply Here

Tweetables:

“Many people don’t do anything with their return mail and it’s basically like flushing money down the toilet.”

“Our return mail was a bottleneck. I had someone who just wasn’t able to keep up with the volume of the return mail.”

“Your direct mail fulfillment center, if they offer this service, will go ahead and send you the spreadsheet with all of the returned mailers and updated addresses.”

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Alex is back with another solo-episode for this Monday's masterclass! More and more people are finding out that their direct-mail campaigns are not as effective as they used to be. So, what can you do about it? Alex offers some advice on how you can work towards improving how you present yourself to your potential sellers and close those deals!

Key Takeaways:

• For many people, direct mail has not been as effective from a response rate perspective as it was in the past.
• You have to ask yourself a couple of things about the quality of your marketing pieces and list. Alex gives some examples of what you should be thinking about.
• Ask your sellers why they called you and not your other competitors. This gives you excellent insight into what they're thinking!
• When you split test, only change one variable at a time. Don't change it up drastically or else you'll have a hard time figuring out what works and what doesn't!
• Constantly be marketing, even if you don't see the results right away. The worst thing you can do is turn it off!
• How can you go deeper and touch your potential sellers in multiple ways?
• What makes you different?
• Like this show? Please subscribe on iTunes and leave a review.

Mentioned in This Episode:

To apply for our next Holiday Mastermind in (Exotic Location TBD), please go here: Flipempire.com/holidaymastermind

If you are interested in joining our team, you can Apply Here: Flipempire.com/teammember

Tweetables:

"If your marketing message is off, then forget it, the phone's not going to ring."

"Don't be gun-shy to ASK your sellers, 'What made you call me?'"

"You definitely want to remain consistent with your marketing. The worst thing you can do is turn on the faucet with your marketing and then turn it off."

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!