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Episodes
Thursday Nov 25, 2021
Thursday Nov 25, 2021
What you will learn from today's episode:
Find out an investment strategy that can weather down any economic or market downturns
Learn about what economic fundamentals you should consider in choosing the market you invest in
Discover strategies to prepare properly, give your business a good cushion, and have a reserve fund for any market reversals
Resource:
Website: https://comfortlivingproperties.com/
Summary:
Demetri Boundris is a passionate professional real estate investor, realtor, and entrepreneur. He thrives on helping others achieve their goals by investing in real estate. He has invested in real estate for 14 years in areas that exhibit excellent economic fundamentals. With his knowledge and experience, he has acquired properties that provide exceptional returns on investment capital.
In this episode, Demetri shares how investing in commercial multifamily properties allowed him a buffer from any economic losses and how anyone can get involved in real estate investing by becoming an active or passive investor. And with that, whichever way you do it, you can still expect something great to happen in your life.
Topics Covered:
01:00 - Sharing his background in real estate investing
02:03 - The type of commercial real estate that he has invested in
02:54 - What ignited his interest in real estate at an early stage in his life
04:33 - Why he is engaging in bigger deals
05:57 - Reasons why he is dealing with multifamily investing
07:11 - His latest BRRRR property
08:24 - What kind of property was his five-plex when he acquired it?
10:09 - How long is the turnaround for his recent BRRRR property
11:31 - His market preference for his BRRRR properties and why he has a good reason to invest there
12:55 - Preparing for the bad times
14:27 - What sets him apart from other investors and the creative ways you can create more income
17:30 - Lessons learned from his real estate investing journey
18:39 - Is real estate investing for everyone, and what are the two ways you can be investing in real estate
Key Takeaways:
"The main reason why I invested in real estate was basically for time and to have some options in my life. By making some extra cash flow and having some financial freedom down the road from real estate, I could do what I want with my time." - Demetri Boundris
"It [multifamily commercial properties] produces a little bit more cash flow as well like economies of scale so the more units, generally, really do that. That's one of the reasons why I do like it." - Demetri Boundris
"[His unfair advantage] I think it's finding creative ways to generate more income and properties that some others don't see, like, adding lockers, renting a garage on the property that someone didn't see the opportunity to do, and adding a laundry room." - Demetri Boundris
"Don't pass up on a good deal." - Demetri Boundris
"I don't think it's [real estate investing] for everybody, certainly being an active realtor. But I do think that to some degree, real estate investing can be for everybody. Some people may just want to do it passively. They just want to invest the money and let somebody else take care of everything else, but it certainly can do a lot for someone's life." - Demetri Boundris
Connect with Demetri Boundris:
Website: https://comfortlivingproperties.com/
LinkedIn: https://www.linkedin.com/in/demetri-boundris-c-e-t-me-b22004158/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Thursday Nov 25, 2021
Thursday Nov 25, 2021
Jonathan Farber achieved financial freedom at 27. He left his corporate enterprise technology sales job to focus on traditional rentals, short-term rentals, Airbnb arbitrage, and wholesaling podcasting, and course creation. He leads a mastermind group of people looking to start real estate investing. He started with house hacking from 21-25 and then started buying traditional rentals and short-term rentals with creative acquisition and financing strategies. Jonathan has done this by using virtual assistants, systems, and a few close team members.
In this episode, Jonathan shares how things become more efficient and productive for him as he takes advantage of outsourcing tasks he doesn't like doing, are repetitive and is not good at.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Find out how you can be more productive and grow more your real estate business by leveraging virtual assistants
Learn how you can start outsourcing to virtual assistants and free yourself of repetitive tasks and focus more on the essential things in your business
Discover resources you can hire VAs for without costing you much
Resources/Links:
Website: https://jonfarber.co/
Topics Covered:
01:52 - How has his real estate business benefited from having VAs around
02:32 - What is this 'root cause analysis' about
03:26 - His system for productivity
08:06 - Why outsource to a virtual assistant
10:23 - What more can you gain advantage from having virtual assistants
15:59 - Something you can start outsourcing
Key Takeaways:
"I think the mantra with VA is that 80% of something is better than 100% of nothing. It's like an overused, trite expression. But so true. We're all perfectionists. And what I think about with a lot of activities is root cause analysis, like why am I not doing the thing that I want to do?" - Jonathan Farber
"I would say my system for productivity is a combination of like EOS, Traction, one thing, these are all books, but you know, just for me, like identifying what were the pieces that I like doing, that I'm good at doing? And then what are the things that I don't like doing and I'm not good at doing." - Jonathan Farber
"I think there's really only three things that can't be outsourced, which are taking care of your body, making goals, and creating relationships. Other than that, I feel like almost everything tactically can be outsourced." - Jonathan Farber
"I think the absolute easiest way is getting a logo done. I think for a lot of people, it'll open up the mind to the possibility of outsourcing something that in our heads would think is very, may be expensive or difficult." - Jonathan Farber
Connect with Jonathan Farber:
Website: https://jonfarber.co/
LinkedIn: https://www.linkedin.com/in/jonathanfarber1/
Facebook: https://www.facebook.com/jonathan.farber.9
Facebook Group on Real Estate Mentorship Mastermind:https://www.facebook.com/groups/860025821084224/
Biggerpockets: https://www.biggerpockets.com/users/jonathanf29
Podcast Systems University Course: https://jonjfarber.clickfunnels.com/opt-in1613585347289
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Enjoyed the Podcast?
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Monday Nov 22, 2021
Monday Nov 22, 2021
George Grombacher is the president of Money Alignment Academy and the host of the Lifeblood podcast. He's working to help people get better at money so they can live how they want.
In this episode, George talks about what most people’s limiting beliefs about money are, how to become aware of it, and the steps you can do to overcome it. He also shares about handling debt as this is what most people are stuck with that prevents them from being financially secure and prosperous. He also doubles down on the importance of having a budget as this helps you in forecasting for properties to buy where your real estate business is concerned. He also talks about what his Money Alignment Academy is all about and what’s in it for you.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Find out how to know if you are going through a negative money mindset so you become aware and take action in the right direction
Discover about the process of overcoming scarcity mindset so you create abundance and become a successful real estate investor
Find out how to be financially secure in six months so you end up getting financially prosperous
Resources/Links:
Website: https://moneyalignmentacademy.com/
Topics Covered:
01:04 - The negative money mindset most people have
02:29 - What you can do to turn around that limiting money belief
04:29 - How to know if you are suffering from a negative money mindset
05:11 - Managing debts, getting out of it, and become financially prosperous
08:10 - Key points you need to remember about having debts
09:27 - Why have a budget
10:28 - What a budget is in a nutshell
11:29 - A budget guide you can consider
12:46 - Why more budget percentage on wants than savings
14:15 - Talking about Money Alignment Academy -- what’s it all about
Key Takeaways:
“How do I know if I'm suffering from that? I think that if you are plateaued, you sort of go along doing the same thing, and foods are kind of bland to you. You're just not taking steps up. Or if you feel like you're in a rut, then I bet that you have some kind of negative belief about money or some kind of a negative limiting script running in your head.” - George Grombacher
“Once you recognize if you do have some kind of a limiting or negative belief about money, well, then it's just a matter of starting to dig into why it is that I think that and it's probably not a rational thing. Once you become mindful of it, then you can actually start to be logical about it and say, “I'm feeling this way, but I'm not going to act on that, or I'm going to choose to act in this fashion.” - George Grombacher
“When we get into debt -- credit card, that's when we stop living, and you start surviving because you get to service debt.” - George Grombacher
“I want everybody to be rich, I want everybody to have financial prosperity, but you can never get financial prosperity unless you have financial security. And that six months will get you there. So get out of credit card debt.” - George Grombacher
“I don't have any negative opinion about debt, like taking out a loan to buy real estate. I think that's awesome. Do that. But you and I both know that consumer debt is just crushing, and it stops you from becoming successful.”- George Grombacher
“There's no certainty in the world, we just don't know what's going to happen next. But that really positions you and it gives you a little bit of certainty at least looking backward. And you are more in charge of your cash flow when you have a budget.” - George Grombacher
Connect with George Grombacher:
Website: https://moneyalignmentacademy.com/
Podcast: https://moneyalignmentacademy.com/lifebloodpodcast/
Twitter: https://twitter.com/glgrombacher
Linkedin: https://www.linkedin.com/in/georgegrombacher/
Facebook: https://www.facebook.com/GLGrombacher/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Enjoyed the Podcast?
Please subscribe on iTunes for updates
Thursday Nov 18, 2021
Thursday Nov 18, 2021
Have you heard about rental cottages and how it's creating a buzz in the real estate business?
Are you interested to know how to go about these investment strategies and cash flow strongly even during off-peak season?
How about learning all the tips and tricks about expense management, as these are critical to running your rental cottage business?
These and more on the Free Flow Friday on the Property Profits Podcast. We have our guest presenter to share everything about that.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn from today’s episode:
Learn about one of the best tools to use to accelerate growth in your cottage rental business
Find out how to keep massive cash flows and get top dollars from rental cottages
Discover how to turn those rental cottages into Instagram-worthy experiences for renters to want them for possible bookings with you
Resources/Links:
Website: https://www.simplyparadisefr.com/
Topics Covered:
03:14 - Talking about the cottage rental business, how we got into it, and of the deals he did
03:56 - What a 'Vendor Takeback' mortgage is
06:16 - Taking advantage of an opportunity that presented itself
08:29 - One great strategy and tool when buying rental cottages
10:07 - A great way to add value to a property
13:05 - Where and how to get renters and fill vacancies for your rental cottages
14:16 - Other things that have become effective in running rental cottages
14:41 - How offseason marketing looks like
17:33 - Challenges encountered during COVID and how it turned around
20:52 - Tips and tricks around expense management
27:04 - Where Kyle's focus is on the whole rental cottage business
28:56 - Recalling how rental cottages was just a lifestyle investment which turned out into a primary source of income
Key Takeaways:
"Great tool for you to use when you're negotiating on buying cottages. It can be an emotional experience for the family to be selling the property. We negotiated a one-year close. So we're going to make the offer today at a greater price, put the deposit down today. And the way we positioned that wasn't, 'Hey, we're not ready to buy it right now.' It gives the whole family one last summer; every kid gets a week at the cottage. Everyone gets a chance to say goodbye to it. And then we'll be closed in the following year. It worked out really well. They went for it right away." - Kyle Ford
"Airbnb is a great tool. It's one of the core calendars that we use in our business; the actual format and layout of Airbnb are fantastic. It's a great way to fill our vacancies. But the bulk of what we do is actually on Facebook. We rent to people who don't even know that they're looking for cottages. So Chelsea will post in buy and sell groups, Facebook marketplace, just pictures of our cottage and we get a ton of bookings through that." - Kyle Ford
"Here are some tips and tricks around expense management. Our businesses are basically all Google Drive now, links really well, shares on email. We use a Google Sheet to communicate with our maintenance people. At the point right now we have a full-time guest experience manager that does all the front end of the business, and my fiance' does all the sales." - Kyle Ford
"We run our cleaning in-house now where we have our own staff cleaners, as well. Generally, that's not going to make sense for you until you hit about the five-property range. Until then, work and hire with a reputable cleaner or cleaning company and pay them well. Do not nickel and dime these cleaners, especially if you're not local to the property. These people can be your holy grail." - Kyle Ford
"Put professional cottage check-in instructions, the FAQs. Some things might seem obvious to you. But if you've never been there, you don't necessarily know we have people traveling from abroad who don't speak English. So when they're coming to this new country, a new cottage, they don't necessarily know everything. Now translating these things can be harder. But giving them as much information as possible is going to make your life easier from a management perspective." - Kyle Ford
Connect with Kyle Ford:
Website: https://www.simplyparadisefr.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Do you like the show?
Great! Please rate and review it on iTunes.
Monday Nov 15, 2021
Monday Nov 15, 2021
Mandy Branham is an inspired investor with a global vision to impact housing in the world. She's passionate about changing the trajectory of every person’s financial future with real estate as the vehicle for generational legacy. Mandy is the recipient of REIN Canada's 2019 JV of the Year showcasing the emphasis she has on Value-Based Partnerships as a mode of constantly expanding her business on all levels.
In this episode, Brandy shares what makes her tick as a JV queen that we can all learn from so we can have joint venture partners one after another with them looking after us rather than the other way around.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Discover tips in getting joint venture partners that reach out to you rather than you going after them
Learn the important things to know in the Joint Venture agreement so that expectations are met, roles and responsibilities are clearly stated and agreed upon
Find out which avenues to go to so you find opportunities for your joint partnerships
Resources/Links:
Website: https://mandybranham.com/
Topics Covered:
00:37 - How she got the title as the JV queen
04:40 - Making people reach out to her for joint venture deals
06:15 - Options you have to be able to buy the deals you want
07:11 - Why show up in real estate investment clubs
09:24 - How to let people know what you’re good at
10:53 - Mistakes committed when doing joint ventures and joint venture agreement
13:50 - What her JVs look like
15:21 - Important things to keep in mind in JV agreements
18:34 - Valuing transparency
20:40 - Minimum maintenance reserve fund to be maintained
23:16 - Talking about ‘escape clause’ in the JV agreement
Key Takeaways:
“Tip number one, in the joint venture world, it doesn't just happen when you talk to one person, you get one joint venture, you have to talk to 10 to get one, so we were talking to a lot of people. We had a lot of those people fizzle away. But we started to attract a lot of people that did like the conversations that we were having and did like the people that we were becoming.” - Mandy Branham
“I started to fish in a pond that I knew was fish. I was going to networking groups. So in this time of virtual and digital networking, I want you to go where there are other like-minded investors. I want you to be going to like-minded sites with people who are talking, thinking about investing.” - Mandy Branham
“It started out with a deal that had to be so good that I was willing to put my own name on it. And so people kind of got that confidence level of ‘Well, if Mandy's willing to put her money on it, then I'm willing to put my money on a deal that I know.” - Mandy Branham
“How we hold the asset in the joint venture is one of the important factors that people need to understand. Another thing to really understand is the exit strategy for the joint venture to be able to go in and that's identified in the joint venture agreement, this is a five-year buy and hold. This is a three-year flip, or this is a three-year buy-and-hold. And so nobody is shocked and shaken when five years comes up.” - Mandy Branham
“The other thing really, really, really big in a joint venture agreement is to identify very clearly, whose roles and responsibilities are.” - Mandy Branham
Connect with Mandy Branham:
Website: https://mandybranham.com/
Instagram: https://www.instagram.com/j_v_queen/
Facebook: https://m.facebook.com/solutionsdrivenpropertygroup/
LinkedIn: https://ca.linkedin.com/in/mandy-branham
Google Business Page: https://g.page/mandy-brahnam?share
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Enjoyed the Podcast?
Please subscribe on iTunes for updates
Monday Nov 15, 2021
Monday Nov 15, 2021
Olatokunbo Oni is the Founder and Executive Director of Chesterfield Real Estate Investors Association – a premier real estate investment club in Chesterfield, Virginia formed last 2018. Together with Keoshoa Gordon – the Co-Founder, Chesterfield REIA aims to provide the best education, resources, tools, and networking opportunities to help their members see the results they want in their career. Chesterfield REIA has a total of 110 members at present.
In this episode, Oni and Keoshoa share stories on how Chesterfield REIA helps members reach great heights in their career. Here, they talk about the effects of having diverse minds through having speakers not limited to one, as well as the importance of giving back.
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: :https://www.chesterfieldreia.com/
What you’ll learn in just 14 minutes from today’s episode:
Understand how the network creates more opportunities for REIA members;
Find out stories about the wonders of having two to three speakers in a meeting;
Learn about the value of giving back, regardless of the money we’re earning on what we do.
Key Takeaways:
“We try to diversify – just all different types of aspects in one meeting – and it really helps our members and our guests.” – Keoshoa Gordon
“It has given me a reputation that I’m an expert in my field. Most importantly, when you go to meetings, you get more networks, but sometimes, you don’t know who is in a network. Now, that network is coming to me.” – Olatokunbo Oni
Connect with Olatokunbo Oni:
Website: https://www.chesterfieldreia.com/default.aspx
Email: oni@realvestorgroup.com
Mailing Address: 1221 Mall Drive North Chesterfield Virginia 23235
Connect with Chesterfield REIA:
Email: ambeypropertiesllc@gmail.com
Sunday Nov 14, 2021
Sunday Nov 14, 2021
Tom Zeeb is an active investor and is a published author. He is the President of Traction Real Estate Investors Association, the Founder of Traction Real Estate Mentors, and the host of the “Get Traction” Podcast. Traction REIA is a leading association for real estate inventors, covering Washington DC, Tampa & Sarasota Florida. It started in 2002, and it was in 2008 when Tom took over it. Currently, Traction REIA has 400 members.
In this episode, Tom Zeeb talks about his journey with Traction REIA, starting from him being an active member and eventually becoming its President now. Here, he shares the benefits people get from being part of the association, as well as how wonderful of a location Traction REIA is in building networks with people in the industry of real estate.
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: : https://TractionREIA.com
What you’ll learn in just 14 minutes from today’s episode:
Discover what Traction Real Estate Investors Association is all about;
Understand the importance of being connected with people who can understand what you want to do and not find you weird at all;
Find out life-changing benefits you can get if you ever decide to join Traction REIA someday.
Resources:
Website: https://TractionREIA.com
Key Takeaways:
“It’s a nice way of giving people kind of the safety of a sandbox in a way that there is this area where the REIA has done the work for you in finding the good people, and now, I can match people with what they need and when they need it, which is awesome.” – Tom Zeeb
“It’s networking. It’s building that team. It’s having friends in the business. Real estate investors are a little weird; entrepreneurs are a little weird. We’re different. We don’t seem to think like everybody else. So, where do you go to find that like-minded people that you might actually get along with? Well, come to Traction.” – Tom Zeeb
“It’s good to know what you don’t want to do as well as which you do want to do.” – Tom Zeeb
“We’re treating online as the fourth region [of the association].” – Tom Zeeb
Connect with Tom Zeeb:
Website: https://TractionREIA.com
Mailing Address: 15 Paradise Plz #379 Sarasota, FL 34239
Sunday Nov 14, 2021
Sunday Nov 14, 2021
Rita Dallago is the executive director of the Capital Area Rental Property Owners Association (CARPOA), the longest running real estate investment club. She joined, together with her husband, the association in the year 1986 at a time when she was a real estate salesperson.
In this episode, Rita shares how CARPOA helps its members on the education side so they manage their real estate business legally, economically, and efficiently.
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: https://www.carpoa.org/
What you'll learn in just 17 minutes from today's episode:
Find out what CARPOA is and how it serves its members
Learn about the ways they keep their members engaged and productive during this pandemic
Discover success stories, so you get inspired and also encouraged to level up your success
Key Takeaways:
"We figured that no one can afford to make all the mistakes. A smart man learns from his own mistakes, a wise man learns from the mistakes of others." - Rita Dallago
"We're trying to keep everyone engaged, because we feel education is important, and in being updated on what's happening and how you're supposed to proceed." - Rita Dallago
"We try to be familiar with our members, that networking is very important to us. Because again, you learn from what the others are doing that's working, which makes it extremely important to attend the meetings." - Rita Dallago
Connect with Rita Dallago:
Website: https://www.carpoa.org/
Thursday Nov 11, 2021
Thursday Nov 11, 2021
Do you want to build instant credibility and showcase your authority?
Are you looking for another great way to connect with amazing potential investors?
Are you curious about shortcuts on how to meet high-level personalities?
Join me in the Free Flow Friday on the Property Profits Podcast and let’s talk about launching your podcast show.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn from today’s episode:
Discover the main benefits of podcasting and how it can create instant credibility for you and your business
Find out a fantastic way to promote yourself or your business and showcase your authority
Find out how to leverage your podcast in meeting other potential joint venture partners
Resources/Links:
Are you looking to attract investors and raise capital for your deals? Get a complimentary copy of Dave Dubeau’s newest book, called ‘The Money Partner Formula’. Get your PDF version at https://investorattractionbook.com/
Topics Covered:
00:29 - Why not start your own podcast and not just get interviewed on someone else’s podcast
01:31 - Main benefits of having your own podcast
02:07 - Why your podcast doesn’t have to belong
03:06 - Another huge benefit of having your podcast
05:54 - What are the tips for having a guest
06:42 - Podcast show style you can have
07:36 - How having your own podcast lets you meet high-level people as guests
09:11 - Number of times in a month you can have your podcast show
09:57 - Batching interviews for podcast release
09:45 - Dave’s suggestion when launching your Podcast
10-47 - How to leverage your Podcast
Key Takeaways:
“One of the main benefits, from my standpoint, was it is a great way to create good, solid content for my list on a regular basis. And the best part is, I don't need to create it, I get smart people on my podcast talking about what they do. And they create the content for me.” - Dave Dubeau
“It's another great way to connect with amazing JV partners. I don't just mean JV partners in the sense of other investors, although you'll probably find those there that you're interviewing, but also cross-promotional partners, people that you can work with.” - Dave Dubeau
“There are lots of people that have podcasts that are seen as an authority. This just naturally throws you in the same boat. It's kind of like having a book as an author, you're automatically assumed to be an authority if you're an author, the same thing if you run your own podcast.” - Dave Dubeau
Here's another cool thing, a shortcut to you. Meeting high-level people, even with a small podcast, you can get some ‘celebrity guests. It's not that tough to get somebody like Grant Cardone, like Robert Kiyosaki, like these kinds of people onto your podcast, even if you don't have a huge list.” - Dave Dubeau
“This is a great way for you to open the door with people that are kind of hard to reach. You could interview people that might not pay attention to you, otherwise, they will, if you've got a podcast.” - Dave Dubeau
“I interview you, you interview me. We both benefit. So this is another one of the reasons it's been so easy for us to get interviewed on so many different podcasts because almost all podcasts hosts would also love to be interviewed well.” - Dave Dubeau
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Do you like the show?
Great! Please rate and review it on iTunes.
Tuesday Nov 09, 2021
Tuesday Nov 09, 2021
Detra L. Harris, is a Bay Area native, locally born and raised in San Francisco, CA. She is a multi-business owner, a Realtor, a real estate investor, a landlord, a property manager, and a mentor that carries over 30 years of experience in the real estate industry. She founded Strive Real Estate LLC.
In this episode, Detra shares how she and her husband founded and grew Strive Wealth Builders, what its core values and principles are that help real estate investors grow their passive income.
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: https://www.strivewealthbuilders.com/
What you'll learn in just 17 minutes from today's episode:
Find out Strive's six principles for personal development and wealth building
Learn about the reasons why real estate investors need to become part of real estate clubs or associations
Find out members' success stories for inspiration
Key Takeaways:
"Strive represents personal development and wealth building. And so we tie into two, and we talk about growing your passive income through real estate. And we use a model called a wealth ratio that we use to determine where our past income is in comparison to our monthly expenses. And we use a scale to measure our growth." - Detra Harris
"The reason why real estate investors should join clubs, number one is networking as real estate is a relationship business and growing strong relationships is vital to improving your portfolio." - Detra Harris
"In joining a club, you surround yourself with trust. And there are a lot of scammers in this industry. And it's very important to feel confident and comfortable with the partners that you decide to do business with." - Detra Harris
Connect with Detra Harris:
Website: https://www.strivewealthbuilders.com/
LinkedIn: https://www.linkedin.com/in/detralharris/