BTM 70: Buy, Fix and Flip Your Way To Financial Freedom with Javier Hinojo

Javier Hinojo is the owner of IQ REI, a family-controlled real estate company that buys, manages, repairs, and sells homes in the Raleigh, Durham, and Chapel Hill, NC area. He has extensive experience working with foreclosed properties, land development, lease options, and land contracts. Javier offers the kind of business that prides itself on having a quick response rate, professional experience, and simplified solutions that make clients’ lives easier. Javier has been married for 19 years and have 5 children with 3 still living at home. He has always been an entrepreneur (owning a few businesses, been bankrupt twice, day trader Forex, and more). Javier started investing two years ago and completed over 28 fix and flips and is on track do to over 50 by next summer. He is looking forward to investing into rentals, multi-family, and development deals in the near future.

 

Today, Javier talks to us about his journey from joining the military to becoming an real estate entrepreneur. Growing up, Javier always had an entrepreneurial spirit as a child seeing his parents run a locksmith business. He shares his story of attending a weekend seminar with a friend which opened his eyes to the possibilities in real estate. He realized that the buy, fix and flip business model was the best way to get started (the market was great, quick cash, also knew that fix and flip is still a job and doesn’t provide not residual income). He believes that the longer you go without doing your first deal, the closer you get to never doing one. You’ll hear about the lessons learned and experience using a hard money lender to finance Javier’s first deal. He also shares why investing in a coach is never a waste of money when getting started. Lastly, we wrap up the episode with a funny story about the “Wear Pants No Hands” video when Javier was looking to expand his team and why it’s importance to work with people who can think outside the box.

 

Key Points From This Episode:

  • How Javier incorporated his family into his fix and flip real estate business
  • The story of how Javier got interested in real estate by attending a weekend seminar
  • The concept of fixing and flipping and how the process works in real estate
  • Breakdown of what a wholesaler is, the benefits and how you can get started doing this today
  • The story of how Javier got into his first deal with little to no money and made $17K profit
  • Why you must have the right mindset when deciding to become a real estate investor
  • Hard Money Lender Financing: how to analyze and the process of getting a lender for your deals
  • What deed-to-deed is when doing fix and flip deals in real estate
  • Story of how Javier learned about the importance of cash flow and the story of his lowest point of his life (house payment was due, no money in the bank, and asking his kids for their Christmas money to help pay the bills) and what he did next to change his life for the better
  • Why investing in mentorship and coaching is never a waste of money
  • How taxes work in fix and flip deals and why you have to be creative with your money as an entrepreneur
  • Javier shares his story of showing the “Wear Pants No Hands” video to find the right team members

 

Links Mentioned in Today’s Episode

Javier’s Website: http://www.iqrei.com/

Wear Pants No Hands Video

Download any 2 audio books for free when you try audible for 30 days.: https://beforethemillions.com/book 

Javier’s Favorite Lifestyle Design App: Trello: Keeps track of everything, from the big picture to the minute details. https://trello.com/

 

Access The Best Strategies, Tips & Advice !

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community

BTM 69: Who You Need To Become For Entrepreneurial Success with J.Massey

A full-time real estate investor, entrepreneur, popular podcast host, author, speaker, coach and all-around problem solver, J. Massey is well known for providing best-in-class advice and strategies to help new and experienced investors the world over. J.’s platform is simple… He invests his time looking for investment opportunities (a.k.a., problems to solve through real estate transactions), closing deals and teaching others how to find and manage similar opportunities, including getting Deals At Discounts and Raising Private Capital to Investing in Multi-Family Properties, getting leads and negotiating the deal.

By turning his real-world field work into killer training courses, new and seasoned investors alike learn win-win solutions to solve real estate “problems” for buyers, sellers and other investors. J.’s cashflow-creation strategies are embraced on a global scale by people who want to learn better ways to achieve tangible success in real estate investing, and in his words become “bigger, badder, better real estate investors.” J. is currently a landlord, lender, consultant, educator and highly sought mentor. He currently owns hundreds of units of properties and has completed hundreds more real estate transactions across several states.

 

On today’s episode, we talk to J about his before the millions story and his early days growing up in a military family and living overseas. Being from a military family, J learned how to be adaptable which was key to his later success as an entrepreneur. J shares with us the importance of understanding “simple cash management” practices when starting and growing a business. You’ll learn about the importance of the development and transformation process prior to achieving your goals and dreams for your life. J also shares with us about how he was able to leverage his real estate investments to create more opportunities for other entrepreneurs to achieve financial freedom. Lastly, J give us his advice on how to overcome adversity and the # 1 question everyone must ask themselves when feeling overwhelmed and unfocused.

 

Key Points From This Episode:

  • How J’s adaptability helped him start his journey as an entrepreneur (runway modeling, college years)
  • Why “passive income” doesn’t mean uninvolved (it still requires active management)
  • Importance of knowing that passive doesn’t guarantee permanent
  • Why you need to become a different person to achieve the goals and dreams you have 
  • Why were you start isn’t always where you stay or end up (The unpredictable entrepreneurship’s journey)
  • The story of how J’s podcast and educational company (Cash Flow Diary) got started
  • #1 question you can ask yourself when feeling off track (Is what you want big enough to keep you focused?)
  • Why you can’t get disconnected from your ability to dream and explore new opportunities
  • Understanding what’s at risk and the dangers of getting too comfortable
  • The choice between whether to be liked vs. being respected in business and life
  • You can’t always look good and learn at the same time (not being afraid to fail fast and often)

 

Links Mentioned in Today’s Episode

J’s Website: http://cashflowdiary.com/

J’s Favorite Books:

The Bible https://amzn.to/2LbaPej

The Science of Getting Rich https://amzn.to/2N16OdZ

Download any 2 audio books for free when you try audible for 30 days.: https://beforethemillions.com/book 

J’s Favorite Lifestyle Design App: Cloze The smart mobile app to track customers, clients, prospects and leads without the hassle of CRM. https://www.cloze.com/

 

Access The Best Strategies, Tips & Advice !

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community

BTM 67: Free Up Your Time: Automate & Scale Using Remote Workers with Nathan Hirsch

Nathan Hirsch is a serial entrepreneur, expert in remote hiring and eCommerce guru. Selling online since 2010, Nate has sold well over $25 million worth of product through his eCommerce business. He is now the co-founder and CEO of FreeeUp.com, the hands-on hiring marketplace connecting hundreds of online business owners with pre-vetted remote workers.

 

After building a team of over 30 remote workers, Nathan found he needed a system to make remote-worker hiring better and scalable. His business specializes in assisting eCommerce and digital marketing businesses remove the hassle of having to recruit and interview before making a reliable hire. Less time recruiting & interviewing means more time making money. Nathan understands the frustration: he and his business partner faced the same struggles with hiring online and wanted to redefine the way it was done.

 

Nathan got a taste of the transition path that most people take (get good grades, go to university and get a nice paying job, etc.). During the summers as a high school kid, Nathan realized working for other people just didn’t motivate him so he learned at a very young age that if he wanted to be happy he had to work for himself.

 

He got a glimpse into the future and realized something had to change if he didn’t figure out an alternative path. Nathan majored in Business and started buying and selling textbooks to make extra money on the side.

 

After successfully selling books from his college campus, Nathan discovered Amazon and become addicted to learning more about this website. Nathan built up this large drop shipping business and multi-million business from his college dorm room and he knew he had to hire people to keep up with the demand.

 

Nathan learned that hiring is hard to find the right people that actually care about your business. From hiring that’s how he found out about the remote hiring world and wanted a faster way of doing it.

 

On today’s episode, we talk to Nathan about his journey from being a broke college kid to starting two successful companies. You’ll learn why you shouldn’t wait until you’re burnt out to start hiring and the pros and cons of hiring employees to your team vs. freelancers.

 

Nathan shares his advice on what you should outsource first in your business to take your growth to the next level. We also discuss the importance of focusing not only on skill but also attitude and communication when growing your team. Lastly, Nate explains how freedom is the the most valuable benefit of being his own boss and steps you can take today to build your empire.

 

Key Points From This Episode:

  • How to find pre-vetted freelancers and why it is important to start hiring out for certain tasks
  • The story of what Nathan was doing back in college and what his mindset like and how he began to formulate his entrepreneurial path
  • How Nathan went from being a broke college kid to starting two successful companies
  • The only way to be truly successful in life is to be an entrepreneur (what impact it had on Nathan)
  • What brought Nathan to the realization that he had to delegate tasks to start focus on revenue producing activities (how 1 conversation with his accountant changed his mindset about hiring)
  • How to set a timeline when you should starting hiring people to help you run your business
  • Why you should hire people slowly so that you can get some your time back (short term projects such us getting a website built, creating banner ads, etc.)
  • Suggestions for entrepreneurs who have a successful business on how to free up their time and start hiring these tasks out (what techniques you can use to start freeing up your time if you have a business that has taken off overnight and you don’t know where you’re going to find the time to starting hiring)
  • Nathan shares how you can come up with a list of everything you do on a day-to-day basis (be specific as possible). Put the list from easiest to hardest (circle the top easiest things) and that’s your starting point. If you want to go bigger and challenge yourself, come up with a 2nd list of things you’re not good at and what projects does your business need to get to the next level that’s on that list that you can’t do (these become your immediate projects in the next 3-6 months to hire someone to do this for you)
  • How has his business helped Nathan live out his personal goals and dream his has for his life
  • The story of Nathan’s greatest mistake when starting his dropshipping business in college and lessons learned from that experience
  • Pros and cons of hiring employees to your team vs. freelancers
  • Recommendations on what you should outsource first in your business
  • The importance of hiring low-level people that can take things off your plate. If you have projects where you have projects your business needs, then hire specialist and expert people who can consult you and give you advice
  • Why you must focus not only on skill but also attitude and communication (what’s your method of picking the best freelancer to bring onto your team if you have two candidates that you like and you’re looking for a personality match)

 

Links Mentioned in Today’s Episode

Nathan’s Website: https://freeeup.com/

Nathan’s Favorite Book: Start with Why

Nathan’s Favorite Lifestyle Design App: Yet Another Mail Merge: Simply list all recipients’ email addresses in a spreadsheet and write your email template as a draft in Gmail. In one click, all emails are automatically sent to your recipients. Save time and be more efficient in sending mass emails. 

 

Access The Best Strategies, Tips & Advice !

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community

BTM 66: Successfully Unemployed: Lifestyle Design Through Rental Properties with Dustin Heiner

Dustin Heiner is a real estate investor with 24 single family properties and blogger from California. Dustin is the founder and host of Master Passive Income, a Blog and Podcast about investing in real estate rental properties. In 2004, Dustin realized he would never be wealthy working for someone else, so he needed to change something.

 

He decided to work hard toward quitting his job and being his own boss. After reading Rich Dad, Poor Dad Dustin knew he needed to become an investor. So he started investing in real estate and start earning cash flow in 2006. (Yep, just before the crash in 2009) He took a weekend course from a real estate guru that cost $1,000 and that started him down the path of rental properties. From that $1,000, Dustin has grown his investment income to $8,500 per month. It only took him 8 years to do it. In 2016, Dustin quit his job working for the local government. He will literally NEVER have to work for someone else ever again.

 

On today’s episode, we talk to Dustin about all things passive income. Dustin shares with us several stories about his childhood growing up with a family who was involved with real estate and building homes. He developed a passion for homes and entrepreneurship. Real estate was the one thing that really worked for Dustin after attempting several other business opportunities.

 

Within 6 years of investing, Dustin had all of his income replaced by his income producing properties and could quit his day job. You’ll learn the importance of hiring a mentor to help you along the investing journey to avoid common pitfalls and mistakes. Lastly, Dustin shares with us his suggestions for first-time investors who would like to get started with little to no money down on a rental properties.

 

Key Points From This Episode:

  • The story on how Dustin started his entrepreneurial path as a teen delivering newspapers
  • Lessons learned from Dustin’s retail business that he applied directly to his real estate investing business
  • Importance of hiring and finding the right people when investing in rental properties
  • How Dustin utilizes online resources (monthly payments, maintenance requests, property management, etc.) to manage the real estate business from around the world
  • Why hiring the right mentor can help you avoid critical mistakes and teach you ways to save time and money while working towards financial freedom
  • What separates the people who find success with a mentor when investing vs. those who do not
  • The 3 key traits you need to take advantage of real estate opportunities
  • How getting rid of the “business” helped Dustin focused on the things that are important and took his real estate business to the next level
  • Why sticking to one main objective until you master it or its running itself is key to success
  • What Dustin’s lifestyle design looks like today (family time, working on his podcast, traveling, and more)
  • The concept of “buying with no money down” and lessons learned from not having the right property manager when starting to buy rental properties
  • Suggestions for first-time investors (using a FHA loan, buying a duplex or single family home)

 

Links Mentioned in Today’s Episode

Dustin’s Website: http://www.masterpassiveincome.com/

Dustin’s Podcast: http://www.masterpassiveincome.com/podcast/

Dustin’s Favorite Book: Richest Man In Babylon

Dustin’s Favorite Lifestyle Design App:

Evernote is the app that keeps your notes organized. Memos are synced so they’re accessible anywhere, and searchable so you always find what you need. https://evernote.com/

Google Docs brings your documents to life with smart editing and styling tools to help you easily format text and paragraphs. https://www.google.com/docs/about/

 

Access The Best Strategies, Tips & Advice !

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community

BTM 65: LinkedIn Ads: What Real Estate Investors Need To Know with AJ Wilcox

AJ Wilcox is a long-time digital marketer who fell in love with the LinkedIn Ads platform in 2011. He founded B2Linked.com in 2014, which specializes in LinkedIn Ads account management, training, and consulting. Since then, he has managed hundreds of accounts and a combined $100 million in ad spend on the network. He has worked directly with several of LinkedIn’s top 10 accounts.

 

AJ’s entrepreneurial journey is deeply rooted in his faith. After he was fired from his last job, he was offered multiple job opportunities. He prayed to God to figure out what he should do and the answer was to turn them all down and start his own business — and he’s never looking back!

 

On today’s episode we talk to AJ all things LinkedIN. AJ shares with us how to promote your real estate investing business, tips on growing your thought leadership platform and more. You’ll learn how to utilize LinkedIn as real estate investor and entrepreneur.

 

We discuss what first steps you need to take on advertising on LinkedIn (how to get started and what to consider). We also dive into who AJ was before LinkedIn (college experience, mindset growing up, entrepreneurship journey).

 

AJ shares his story of how he got introduced into LinkedIn and how he grew investing into becoming the largest LinkedIn customer in the world (by amount spent, size of the account of campaigned they were using. Lastly, we wrap up the episode with some some action steps you can take today to start advertising and building a name for yourself on LinkedIn.

 

Key Points From This Episode:

  • How that apparent failure set up AJ of success
  • How AJ knew that entrepreneurship was the right path for him
  • AJ considers himself an accidental entrepreneur if he didn’t have divine help getting into it
  • What was the best investment AJ has ever made in himself and business
  • Bad recommendations from other LinkedIn experts and that’s not effective or
  • Tips and advice to entrepreneurs looking to use LinkedIn as a resource of hiring people
  • Break down of AMO (audience, message and offer)
  • How to position yourself as a thought leader on LinkedIn
  • What is the most effective way to get clicks for your offers (text, picture, video, mini-blog, etc.)
  • Why LinkedIn is the easiest network to go viral on
  • Differences of organic reach and advertising on Facebook vs. LinkedIn
  • Examples of posts you can create to get more reach and shares online
  • What questions to ask yourself when feeling unfocused
  • Importance of knowing that people want to do business with people not companies
  • The # 1 tip you can do today if you have a company and personal presence on LinkedIn to maximize exposure

 

Links Mentioned in Today’s Episode

AJ’s Website: B2Linked

Free checklist: 8 Things You Need In Order To Launch Ads on LinkedIn

AJ’s Favorite Books: DRIVE by Daniel Pink

Recommended Podcasts:

The LinkedIn Formed

Social Media Examiner Podcast

The Bad Crypto Podcast

Art of Charm Podcast

AJ’s Favorite Lifestyle Design App: Calendly: Say goodbye to phone and email tag for finding the perfect meeting time. https://calendly.com/

 

Access The Best Strategies, Tips & Advice !

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community