BTM177: A Billion Dollar Ecosystem with Kent Clothier
Today’s guest, Kent Clothier, has built a real estate ecosystem like no other.
After growing a 1.8 billion dollar company in the grocery niche, he gets kicked out and looks to wholesaling as his primary source of income. In his first year as a wholesaler, he grossed over 1 million dollars and has since went on to grow a company that has flipped over 5,000 properties and manages another 5,000.
Kent’s success prompted him to build an entire ecosystem around his investing efforts. On today’s show, we’ll talk about the ins and outs of building an ecosystem that creates multiple streams of income. Today Kent’s income ecosystem consists of real estate deals, live events, coaching, masterminding and software.
Key Points From This Episode:
- Why seller financed notes are the next hot topic
- How to reverse wholesale
- Ken’t mindset after building and unwillingly exiting an 1.8 billion dollar company
- How Ken’t ‘selfishness’ is able to serve hundreds of thousands of people everyday
Links Mentioned in Today’s Episode:
Recommended Book:
The Alchemist by Paulo Coelho
Listen to this books for free!
Lifestyle Design App:
BTM175: The Making of 62 Passive Income Streams thru Music and Real Estate with Bryan Miller
Today’s guest, Bryan Miller, is an artist by day and investor by night.
The award winning musician has built an investment portfolio with 60+ streams of income and enjoy a portion of the cash flow from 25,173 rental units which include single family rentals, self-storage units, mobile home pads, retail strip malls, trust deeds and multi-family apartments.
It’s easy to think that very few could reach these accolades until you realize that Bryan started out by cutting costs and saving $800 per month for 3 years to get the ball rolling. His story goes to show that when you combine financial literacy with massive action, the results can be outstanding.
Todays episode comes with a breath of inspiration as well as a few potential income streams to consider for your own portfolio.
Links Mentioned in Today’s Episode:
Recommended Book:
The Millionaire Real Estate Investor
Listen to this books for free with Audible!
Lifestyle Design App:
BTM173: Q&A with Daray – on New Investments, Worthy Bonds, Uncapped Wealth & Is Rent Cancelled?
What’s equivalent to a savings account but pays you 5X the interest?
The answer? …on today’s episode. Daray will uncover his new favorite investment vehicle and why you should have looked into this months ago!
Daray also tackles a slew of listener questions ranging from the current state of the market to the types of legal entities real estate investors have to choose from.
This wide ranging conversation helps those of us that are looking for a better passive vehicle to invest our money as well as a business we can leverage to escape the rat race.
Strap in!
Links Mentioned in Today’s Episode:
BTM172: Millionaire Success Habits & Lifestyle Design with John Lee Dumas
On today’s episode Daray interviews a 7-figure entrepreneur and digital nomad by the name of John Lee Dumas.
John is the host of Entrepreneurs on Fire, an award winning podcast where he talks with inspiring Entrepreneurs who are at the top of their game. With over 2500 episodes, 1 million + listens a month, and seven-figures of annual revenue, JLD brings a wealth of knowledge to the show sharing his lifestyle design advice and millionaire success habits.
Links Mentioned in Today’s Episode:
Recommended Book:
The Compound Effect by Darren Hardy
Listen to this books for free with Audible!
Lifestyle Design App:
BTM158: A House Hacking Guide To Become Debt Free with Shawn Rea
This episode will highlight how today’s guest – real estate investor, Shawn Rea, went from 25K in debt to a 6M portfolio in just a few short years. He did all of this by first using the house hacking investment strategy and the the brrrr strategy (buy, rehab, rent, refinance, repeat).
If you’ve needed a strategy to extinguish your debt once and for all while getting your feet wet in real estate in one of the most powerful ways possible then this episode is for you.
Links Mentioned in Today’s Episode:
BTM63: Triple Case Study A to Z
Recommended Book:
The Millionaire Fastlane by Mj DeMarco
Listen to this books for free with Audible!
Lifestyle Design App: