BTM194: Multifamily Millions in Emerging Real Estate Markets with David Lindahl
Starting out as a broke landscaper in 1996, todays guest Dave Lindahl’s goal was to simply create a better life for him and his family. In David’s first few years as an investor, David studied the markets closely and found creative ways to buy property with none of his own money.
Since then he has gone on to create a portfolio of over 9,000 units, become a New York times Best Seller Author – twice, and is now know as the premier expert in the study of emerging markets sharing stages with the likes of Robert Kiyosaki and Tony Robbins.
Key Points From This Episode:
- Being mindful of where you get advice
- How to become an expert without formal education
- The 2 indicators of market movement
- The lifecycle of markets
- The best markets to invest in for growth in 2021
- How David became a 2x best selling author
- The effectiveness of micro repositioning
- David’s morning routine as a Dad and Triathlete
Links Mentioned in Today’s Episode:
Recommended Book:
Awaken the Giant Within by Tony Robbins
Lifestyle Design App:
BTM 19: Creating Business and Adapting to Market Conditions with Logan Waller
On today’s show we are joined with Logan Waller. Logan is a broker out of the Dallas-Fort Worth area, founder and president of the Waller Group. The Waller Group is a real estate brokerage group and was consistently ranked within the top 20 teams in the nation by Wall Street Journal, under RE/MAX. In 2011, the Waller Group became an independent brokerage and has been providing full service brokerage throughout the metroplex since 2012.
Last episode we looked at the real estate market from the perspective of an agent, and this episode we will be diving into the perspective of a broker. Logan obtained his real estate license in 1997 with a goal to invest in real estate and follow in his family’s footsteps. With that goal in mind, Logan bought his first house at the age of 18 and never looked back. Today, Logan shares more about getting started in the real estate market, how to develop a sales velocity, and the challenges of starting your own business, and pursuing your dreams.
Key Points From This Episode:
- Getting a first exposure to entrepreneurship through a vending machine business.
- How Logan got hooked onto real estate, buying his first house for only $6,000.
- Logan’s method and strategy for scouting and purchasing his first house.
- Developing a sales velocity to identify the best real estate deals.
- The benefits of being a broker within the real estate market.
- Top real estate training for the fundamental real estate basics.
- Accelerating your career by surrounding yourself with people you can learn from.
- The inception of the Waller Group and the challenges of starting a company.
- Understanding distressed real estate markets to find the best investment opportunities.
- Why most agents are not cut out to be investors.
- Daily habits that contributed to Logan’s success.
- The importance of focusing on identifying sellers and getting them listed.
- How your goals and milestones should evolve with different stages of your life.
- Standing out above the crowd, and getting sellers to choose your brokerage.
- Deciding which real estate deals to invest in and which to take to your buyers.
- The importance of creating value within your business, above all.
- And much more!
Tweetables:
“If you can’t sell, then you can’t make any money.” — Logan Waller @Waller_Group
“I was a typical realtor; I made $200,000 a year and spent $210,00 a year.” — Logan Waller @Waller_Group
“80% of your resources, time, and money should be spent finding sellers.” — Logan Waller @Waller_Group
“Focus on creating value and the profit will follow.” — Logan Waller @Waller_Group
Links Mentioned in Today’s Episode:
— Mike Ferry Real Estate Training
— The E-Myth by Michael Gerber
— Good to Great by Jim Collins
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