Smooth PM Transitions: Why the 15th is the Magic Date for Property Management Changes
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
Release Date: 06/14/2024
Getting Rejected Builds Confidence: Here’s How to Practice Rejection Therapy
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
Who's ready to get rejected today? As I’ve seen this struggle in our community, we’ve implemented “rejection therapy” as a fun, weekly challenge to build confidence in making offers. Because financial growth can't happen without personal growth!In this episode, I explain how rejection therapy works and why it’s essential. Get ready to embrace rejection as a stepping stone to success. Try rejection therapy today and see how it boosts your confidence and investment results. Links Mentioned in this Episode: Connect with Jay:
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What Bluey's House Can Teach Us About Real Estate Investing
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
Well, well, well, Bluey's house is up for sale! In this episode, I dive into what this fictional house sale teaches us about real estate investing. Whether it's in Australia or Timbuktu, Alabama, unfamiliar markets can present valuable lessons. I'll share the three critical questions I ask when evaluating potential long-term rental investment properties and why avoiding flood zones and understanding population trends are crucial. Tune in for insightful real estate tips! Links Mentioned in this Episode: Connect with Jay:
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Breaking the Tipping Habit: When Service Doesn't Deserve Extra
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
In today’s episode, I’ll share an eye-opening experience from my recent trip that led me to stiff a waitress for the first time in 30 years. We'll discuss the importance of providing excellent service, whether you're in the restaurant business or managing rental properties. Drawing parallels between tipping etiquette and our commitment to residents, lenders, and the community, we'll explore why exceptional service is crucial for maintaining strong relationships and ensuring repeat business. Plus, I'll recount a surprising drive-thru encounter that made me rethink tipping in modern...
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The Spare Tire Analogy: Why Your Side Hustle is Your Financial Safety Net
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
We’ll explore the surprising parallels between spare tires and side hustles in today’s episode. Last weekend reminded me just how invaluable both can be. We've been slow traveling for years with only minor vehicle issues until a recent incident underscored the importance of having a spare tire – a reminder of why having a side hustle is equally crucial. We'll discuss the importance of being prepared, staying resilient, and ensuring your "spare tire" – whether literal or metaphorical – is always ready to go. Links Mentioned in this Episode: Connect with Jay:
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NSFW Rental Applications: The Wild Side of Facebook Marketplace
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
In this episode, I share a bizarre and NSFW rental application that left me speechless. After years of using Hemlane for property management, I decided to test Facebook Marketplace for filling a vacant unit. The results were surprising, to say the least. From 81 inquiries on Facebook, only one applicant was approved, compared to Hemlane's six inquiries and three approved applications. But the real kicker? An unforgettable voice message from a potential tenant. Tune in to hear the cleaned-up audio and the valuable lessons learned about finding quality tenants. You won't want to miss this...
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Smooth PM Transitions: Why the 15th is the Magic Date for Property Management Changes
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
Ever wondered when the best time to transition your PM system is? Tune in to this episode where we break down why the 15th of the month is the ideal day for making this switch. We’ll discuss how this timing ensures rent collection is complete, gives residents ample time to adapt to the new system, and prevents late payment excuses. Sharing personal experiences and practical tips, we’ll guide you through posting notices, following up with residents, and ensuring a smooth transition. Links Mentioned in this Episode: Connect with Jay:
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Fear Yields Inaction: Take a Step Backwards
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
In this episode, we dive into overcoming fears and taking actionable steps towards your real estate goals. Join us as we discuss a recent mastermind call with Jason, Brody, and myself, where we tackled the intimidating prospect of door knocking for pre-foreclosure deals. While Brody, an expert in acquisitions, thrives on this strategy, Jason and I—both introverts—struggled with the idea. Whether you're scared to knock on doors, talk to potential partners, or raise funds for your next deal, this episode will guide you in identifying your edge, taking a step back, and building the confidence...
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Running with Blinders On: Surprise Others and Yourself
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
Ever been so focused on your goals that you surprise not only others but yourself too? This week, we’re diving into a hilarious and unexpected lesson from my recent slow travel adventures. As my family and I navigated the challenges of hotel living amidst noisy teams and sleepless nights, I had a moment that perfectly illustrates the power of singular focus. We’ll explore how maintaining focus, even in chaotic situations, can lead to surprising outcomes. Listen for a mix of humor, real-life insights, and a reminder that dedication to your goals can lead to extraordinary moments. Links...
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Cow Patty Party Capital: Creative Fundraising and Resourcefulness in Real Estate
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
Ever heard of a cow patty party? No? Well, get ready for a wild story from my hometown that’ll make you rethink creativity in real estate investing. This episode, we're exploring the quirky tradition of the cow patty party and its surprising connection to finding cash-flowing deals in today’s challenging market. Tune in to hear this unusual tale and learn how thinking outside the box can lead to success in real estate investing. Links Mentioned in this Episode: Connect with Jay:
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Finding Cash Flow in Today’s Market: Strategies and the 28-Day Deal Flow Challenge
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
In this episode, we're tackling a question on every real estate investor's mind: "Will I ever find another deal that cash flows?" Join us as we dive deep into this topic and we'll also introduce you to our 28-Day Deal Flow Challenge, a structured plan designed to boost your deal flow. Markets may have shifted, but by dedicating time and effort to these steps in this challenge, you can still find deals that meet your cash-flowing criteria. Links Mentioned in this Episode: Connect with Jay:
info_outlineEver wondered when the best time to transition your PM system is? Tune in to this episode where we break down why the 15th of the month is the ideal day for making this switch. We’ll discuss how this timing ensures rent collection is complete, gives residents ample time to adapt to the new system, and prevents late payment excuses. Sharing personal experiences and practical tips, we’ll guide you through posting notices, following up with residents, and ensuring a smooth transition.
Links Mentioned in this Episode:
Connect with Jay: