Wealth Renegade

In this part 2 interview with Caleb Davis, part-owner of Three Doors Real Estate brokerage, we look through data to see where the future is going in real estate, financial markets, and the workforce that makes up every real estate deal.

Highlights

• The core values of Three Doors
• What the differences are between the real estate industry back in 2008 and now
• How Three Doors would need to adjust due to the inflationary aspects
• What changes in the real estate market is Caleb expecting in 2040?
• How he structures his business and prepares for the changes to come
• What differentiates Caleb from other real estate agents which caused him to just take off?
• Why some real estate companies will fail
• What the best exit strategy is
• How home ownership works
• Why do people prefer living in communities with home ownership
• What makes Three Doors different when treating their employees Episode Resources
• Connect with Kim Butler and Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]
• Connect with Caleb Davis
• http://threedoors.com/
• [email protected]

Entrepreneur and 29-year-old phenom Caleb Davis joins the Wealth Renegade podcast to share his journey from construction worker flipping houses in small-town Granite City, to seller-financing his first 8-unit apartment, to being part-owner of Three Doors real estate brokerage. This is the first of two crazy episodes with Caleb.

Highlights

• What Caleb is up to now
• What his beliefs are in terms of affiliate marketing and the wholesaling aspect of a business
• How's his real estate investments doing
• How important a social media following is when it comes to the real estate field
• What a program mortgage company is
• How hiring a CEO helped him and his business
• Why people are living their jobs
• Does money make you happy?
• How Caleb got started with real estate
• What are the differences in the real estate market before and now
• What's one of the pivotal things that rocketed Caleb to where he is now
• What his take is on tracking cash flow as the primary motivator in the growth of your financial health Episode Resources
• Connect with Kim Butler and Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• Connect with Caleb Davis
• https://threedoors.com/
• [email protected]

"Is mold really gold?" Ben and Robby debate the wisdom and variables included in buying problem properties... because two doors down, a mold-infested home has arisen as a buying opportunity.

Highlights

• What is concerning when buying a property from a scared seller
• Which is better when buying the property: Flipping it or selling it as is?
• The strategy of being influenced the most by labeling what factors we can control
• How skip tracing works and how it can help the business
• Experience helps you cut through the noise
• The interesting thing to consider when it comes to buying and selling properties Episode Resources
• Connect with Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org

Kyle Fuller: wealth strategist, business owner, and staunch proponent of life insurance, financial literacy, and real estate investment. Kyle found his calling in life early - using "Infinite Banking" (life insurance-friendly wealth strategies) to create maximum potential and velocity with money. We cover all these subjects at light speed on this episode of the Wealth Renegade Podcast.

Highlights

• How everything started
• What drove Kyle to start his business and how he got to where he is
• What the growth he has seen in three years
• Views on the asset classes out there
• The different teachings of Factum Financial that are different from others
• The winning formula
• What the relationship between the investor and the entrepreneur should be when buying real estate
• Where to find Kyle Fuller and Factum Financial Episode Resources
• ABCs of Buying Rental Properties
• Rich Dad Poor Dad
• Connect with Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• Connect with Kyle Fuller
• https://factumfinancial.com/team/
• https://www.linkedin.com/in/kyle-fuller-9516311a9

"Timing the market" is nearly impossible... What do you do when you think you're about to overpay? Ben and Robby debate the validity of buying at a premium and study an example of professional investors that do this (sometimes). NOTE: Blackstone bought "Preferred Apartments" not "Premier Apartments". Check it out.

Highlights

• The overpaying opportunity. - 0:49
• Take charge of your own deal-making. - 2:28
• Ken Mcelroy's approach. - 4:58
• One of the reasons why underwriters know what they're doing with the numbers.- 8:01
• Never overpay for anything. - 9:44
• Blackstone's role during the recession. - 12:17
• If I overpay, I give them too good of a deal. If I can get the price I want, I scout them. - 13:42
• What people are paying for. - 14:56
• The trick to being an investor. - 16:33 Episode Resources
• Connect with Robby Butler and Ben Robinson
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]

Mistakes are good teachers. Frozen pipes explode in the walls in an apartment complex and Robby and Ben learn about the pains of marginal thinking.

Highlights

• A story of the man who bought his first huge apartment. - 0:26
• Turning into the wall. - 4:21
• The total time spent to find what the issue was. - 6:57
• The lesson. - 9:38 Episode Resources
• Connect with Robby Butler and Ben Robinson
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]

Join Robby Butler and Ben Robinson as they discuss Ben's experience in real estate. Ben details the experience of his first investment property: A flip in St. Louis with extensive problems, purchased during the highs of the 2020 real estate market.

Highlights

• What are we going to talk about today? - 0:18
• Ben's first hand experience with real estate: Finding his place. - 0:31
• The timeline of when the trajectory of the project went. - 4:44
• Other than the expected timeline stretching out, what are the other things that stretched out? - 6:52
• Is it a characteristic of early stage investors that they have to have teams or relationships established? - 8:18
• The return on investment: Monetary and personal growth. - 9:21 Episode Resources
• Connect with Robby Butler and Ben Robinson
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]

Join Robby Butler and new co-host and real estate investor Ben Robinson as they discuss the chief wealth creation vehicle of the middle class: the single-family home. Listen to the journey of Robby and Ben's first single-family home purchases and what strategies they employed to purchase.

Highlights

• New season, new co-host. - 0:17
• What's one of the biggest, if not the only, investment that most people in the middle class tend to harness for their lifetime? - 1:04
• The institutional investors are always worth watching because they see trends in a much bigger way and they're crawling into the space. - 1:47
• What made Ben buy his first home? - 2:39
• Insights and what he's hoping for his new home. - 5:13
• Tips on home ownership and the first steps someone should make. - 8:52 Episode Resources
• Connect with Robby Butler and Ben Robinson
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org

From a stellar conference experience in March 2021, Robby articulates several key takeaways that apply universally to the businessperson, investor, and student of money. The Real Estate Guys' "Secrets of Successful Syndication" conference has lessons for everyone.

Highlights

• Anything can be syndicated - 2:46
• Scaling businesses and growing exponentially - 4:08
• Robby's personal story - 6:40
• Investing in yourself and learning - 9:31 Episode Resources
• Connect with Kim Butler and Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]
• Mentioned in the show:
• Ansoff Matrix
• OPM: Other People's Money: https://realestateguysradio.com/events/how-to-raise-money-for-real-estate-investing/
• [email protected]

Wisdom lets us discern between what we should choose and what we should leave behind. Dig deeper with us into opportunity filters as the way to apply your wisdom to your context as a financially literate person.

Highlights

• Having mentors - 1:57
• The idea of mentorship - 2:40
• You have to begin to learn - 5:32
• The best mentors can have different skillsets - 7:36
• Find your space - 12:13 Episode Resources
• Connect with Kim Butler and Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]
• http://www.kolbe.com
• https://hbr.org/2010/07/how-will-you-measure-your-life
• [email protected]