From Beginning Real Estate Investor to 45 Deals in 18 Months with Jon Schoeller
RealEstateInvesting.com Podcast: Real Estate Investing | Passive Investment | Investor Strategies
Release Date: 01/22/2019
RealEstateInvesting.com Podcast: Real Estate Investing | Passive Investment | Investor Strategies
James Wachob has scaled his investing business in Memphis Tennessee to having 78 team members and is rehabbing well over 200 houses a year, along with doing new construction. His investing model is around providing turnkey rentals as well as doing some traditional wholesale deals and flips. On the turnkey & property management side, his company manages over 1700 rental units for some 500+ investors. He has built quite a large operation and there is a lot to be learned from what he has to say regardless of if you are a beginning investor or an experienced investor looking...
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Pat Flynn has only been in real estate investing for a couple years and has already scaled to wholesaling and flipping 20 to 30 deals a month. He outlines how he is able to find so many deals and compete against other investors. Learn how he is adapting his mailing campaigns and working to find deals where the competition isn't as focused. Pat also gives insight into the mistakes he has made, along with his advice on getting started in real estate investing. This is one interview which will have you thinking outside-the-box when it comes to finding houses to...
info_outlineRealEstateInvesting.com Podcast: Real Estate Investing | Passive Investment | Investor Strategies
Robert Kiyosaki's Rich Dad Advisor & attorney Garrett Sutton stops by the podcast show to share his extensive expertise on asset protection strategies for real estate investors. Learn to protect your investment portfolio whether you are a small investor with just one or two properties locally, or a real estate mogul with millions of dollars worth or property spread across multiple states. This is your chance to learn from a true expert who is highly regarded in the real estate investing community. You can even have your asset protection setup by the same attorney used by Robert...
info_outlineRealEstateInvesting.com Podcast: Real Estate Investing | Passive Investment | Investor Strategies
Grab something to start taking notes because Gonzalo Corzo lays it all out on how he is crushing it at wholesaling real estate. This "no-holds-barred" interview takes a close look at how Gonzalo has shadowed & learned from other highly successful investors & then took action to build a highly successful systematized wholesaling business. Gonzalo tells what it really takes to be a successful wholesaler & leaves no detail hidden. Come along on this information packed podcast where he outlines in detail each component of his business, the software programs he has...
info_outlineRealEstateInvesting.com Podcast: Real Estate Investing | Passive Investment | Investor Strategies
Learn how Jon Schoeller went from being a beginning real estate investor to doing 45 deals in his first 18 months. Jon and his partners are doing multiple investment strategies including wholesaling houses, buying and selling fix and flip properties and doing lease options. Come along as we dive deep into how he finds and vets deals, estimates repairs and determines the exit strategy. If you have ever thought you needed a real estate investing mentor, Jon will explain the approach which worked for him and lead to him being CEO of an investment company. Topics Covered Where Jon is located...
info_outlineRealEstateInvesting.com Podcast: Real Estate Investing | Passive Investment | Investor Strategies
The real estate investing podcast where we talk real world rei strategies for success, building wealth and achieving financial freedom with experienced investors who share the best advice for epic success without the get rich bs. Listen as guests share their formulas for successful real estate investing and how you can do more deals and increase your profits. Gain insight into what works in today’s market with real world actionable advice to take your real estate investing to the next level. From advanced topics on multi-unit apartment buildings and commercial property investment, to...
info_outlineLearn how Jon Schoeller went from being a beginning real estate investor to doing 45 deals in his first 18 months. Jon and his partners are doing multiple investment strategies including wholesaling houses, buying and selling fix and flip properties and doing lease options. Come along as we dive deep into how he finds and vets deals, estimates repairs and determines the exit strategy. If you have ever thought you needed a real estate investing mentor, Jon will explain the approach which worked for him and lead to him being CEO of an investment company.
Topics Covered
- Where Jon is located & what types of investments he & his company is doing.
- How Jon got started in real estate investing.
- How shadowing other investors lead to him being CEO of an investment company.
- What his first deal looked like.
- Jon's tips on how to save money on a rehab.
- How he found lenders.
- Project management, avoiding trouble, guiding workers.
- Average price of house he looks for as an investment.
- Lessons learned the hard way. His sweet spot number for property values to invest in.
- A deal Jon is proud of. Bought for $27k at an auction. $43k rehab which was $10k over budget.
- How his rehab estimate was off by $10k & what he learned from the mistake.
- His strategies for finding deals.
- The biggest source foreclosure. Which strategies work the best for him.
- What he looks for when when he sees a property & when he will skip a deal.
- How he & his partners screen properties & analyze deals in a systematized way.
- The minimum target margin Jon & his team look for when analyzing a deal.
- His plans for scaling.
- Systems & Software being used to scale the business:
- SlyDial
- Google Voice
- BaseCamp 3
- Bixby (A virtual assistant app developed by Samsung on the Android platform.)
- Jon's favorite strategy for finding deals.
- An overview of Jon's team.
- How Jon & his team are beginning to implement investing in "Rent To Own" deals.
- How they are seeking to solve seller's problems.
- How & why his team works to protect & guide the RTO buyer towards closing.
- Jon goes over his worst deal, why the rehab took too long & went way over budget leading him and his team, along with his advice on preventing the same mistakes from happening again.
- How Jon stays organized & moving forward in his real estate business.
- What Jon wishes he could do if he had to start over again in real estate investing.
- Jon's advice on getting started.
Connect With Jon Schoeller