BTM163: Wealth & Freedom Investing in Mobile Home Parks with Andrew Keel
Andrew Keel currently manages 21 manufactured housing communities across nine states. His expertise lies in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs.
On today’s episode Andrew and I discuss the key differences between investing in manufactured homes and the parks that they occupy. With time, Andrew became skilled as an investor and realized that he could switch his model of earning income to one that better suited his desired lifestyle — This wasn’t before tons of trial and error, most notably 18 months of prospecting with zero deals done. We’ll have a discussion on the mindset it takes to overcome such hurdles and how he’s taking that mindset to the next Ironman competition.
Key Points From This Episode:
- Going bigger, faster to get to your goals
- How Andrew preserved through 18 months with 0 deals
- The similarities between Ironman competitions and the real estate business
- The difference between mobile homes and mobile home parks
- How to create a “forever cash” machine
- Why it’s important to stay as lean as possible for as long as possible
Links Mentioned in Today’s Episode:
Recommended Book:
Deals on Wheels by Lonnie Scruggs
Listen to this books for free with Audible!
Lifestyle Design App:
BTM119: 3x Revenue In 90 Days (Step by Step) with Monica Shah
7 figure business owner and revenue coach, Monica Shah, is on the show today and cover a wide array of topics that stem from 3x’ing your business revenue in 90 days or less.
Monica Shah has travelled all over the world catering to women and helping business owners thrive in their pursuits. If you’re struggling to understand what to focus on in your business or you are falling short of your revenue goals, this episode will give you a step by step process for blowing past your progress markers!
Key Points From This Episode:
- Money exercises that will change your life
- Fear, resistance and procrastination awareness
- How to release judgement and shame around money
- Why sacred time is important
- The #1 thing to focus on in your first 2 years in business
- How to measure your value
Links Mentioned in Today’s Episode:
Before the Millions Book:
Surrender Experiment by Michael J. Singer
Listen to this books for free!
Lifestyle Design App:
BTM109: (2 Year Anniversary Episode) Overcoming Call Reluctance with Daray Olaleye
On today’s episode I am interviewed by Zachary Beach to discuss Call Reluctancy
This is a huge topic that’s critically important for your real estate business!
If you’re not finding deals with sellers on the phone, you should be.
If you don’t know how to deal with the FEAR that surrounds it, it can paralyze you and your business.
I used to hate making those CALLS and would do anything to avoid them. But when I started using the phone my business jumped by 1000% almost instantly.
Without sales you’ve got no business. Using the phone is the fastest way for you to get new leads.
On this episode, you’re going to learn a simple shortcut that not only gets you to make every call, but guarantees a win each time you do.
What we’re going to cover:
· WHY you’re afraid to pick up the phone
· WHEN it’s red flag
· HOW to overcome it
Links Mentioned in Today’s Episode:
BTM106: Marketing Autopilot: Fortune in the Follow Up with Gary Boomershine
With a family legacy in the real estate niche, and a long successful career in enterprise and emerging technology markets, Gary Boomershine noticed the glaring opportunity to leverage people, processes and technology to gain a leg up in a changing and competitive marketplace. As he worked to develop and use the initial product and service, he saw his real estate business flourish by allowing him to work smarter – not harder and focusing on the one thing that makes money – talking to sellers and making offers.
On today’s episode, we talk with Gary about scaling our real estate business, more specifically through our sales and marketing efforts. We talk heavily about lead capture, lead management and lead follow up. The fortune in this industry is in the follow up so this episode is gold for building a great follow up system.
Key Points From This Episode:
- Making money vs. being wealthy
- How to calculate your hourly rate
- What is OPT, OPE and OPR
- How a CRM can benefit your Real Estate Business
Links Mentioned in Today’s Episode:
Before the Millions Book:
Traction by Gino Wickman
Samurai Selling by Chuck Laughlin
How I Raised Myself From Failure to Success in Selling by Frank Bettger
Listen to this books for free!
Lifestyle Design App: Workflowy
Special gift from Gary and Daray for the BTM listeners – Click here!
BTM 86: Pyramid Schemes, Partnerships & Direct Deposits with Jack & Jeff
On today’s show, we have on the dynamic duo, Jack Gibson and Jeff Schechter aka “Shecky”. Through an unusual chain of events and business relationships, he met Jack on a consulting call. Very quickly, they realized that they had the same interests and passions in real estate. They formed their partnership and never looked back.
Our conversation centers around debunking the negative associations with Multi-Level Marketing (MLM’s) and pyramid schemes. You’ll learn about how beneficial some of these programs really are. We also highlight the benefits of a great partnership and how you can ensure that you’re always making the right choice in a potential partner. We close the conversation with a focus on turnkey investing and how you can start getting direct deposits to your account every month with this strategy.
Key Points From This Episode:
- Why Pyramid Schemes are not dead
- The benefits of Network Marketing and Door to Door Sales
- How to classify your beliefs around money and success
- The power of the right partnership
- The best kept secret to self development
- How you can invest, collect checks and let someone else do all the work
Links Mentioned in Today’s Episode:
Before the Millions Book:
The One Thing by Gary Keller
Rich Dad, Poor Dad by Robert Kiyosaki
Listen to this books for free!
Lifestyle Design App:
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.