Antonio Edwards is our guest expert on today’s show. Antonio’s story is nothing short of amazing. By the time he graduated from high school, he already had a one-year-old son he had to support. Antonio was working several dead-end jobs and wearing himself thin before he discovered real estate investing. The first piece of advice he offers listeners on today’s show is to have some form of mentor or coach to help you through this business. In this line of work, the only way for you to really learn the trade is to be hands-on and make mistakes.
Key Takeaways:
- Who is Antonio?
- Antonio can’t stress it enough. Get a coach, especially if you’re new.
- Alex agrees. He has made some expensive mistakes and that wouldn’t have happened if he had gotten a coach earlier on.
- Flipping and rehabbing properties requires a lot of hands-on experience. You can’t learn this stuff in a book.
- How is Antonio closing deals in today’s market?
- You have to have a follow up system. You will lose so many deals if you don’t.
- Get a CRM (Customer Relationship Management).
- What does Antonio’s follow up system look like?
- Right now Alex is testing out a live answering machine service.
- You create more time by outsourcing some of your work. Don’t be afraid to spend the money.
- You get a better picture of your business when you can free up some of your time.
- What’s the next step someone should take if they’re looking to scale their business?
- How does Antonio structure the compensation?
- Antonio’s deals do not come from any marketing methods.
- People get into real estate because they’re trying to find the quickest way to make money.
- If real estate isn’t your passion, then it might not work on the long run.
- Always stay hungry.
Mentioned in This Episode:
www.FlipEmpire.com/freedomsoft
The E-Myth Revisited by Michael Gerber
Tweetables:
“Don’t be afraid to give away your profits to free some of your time.“
“Real estate wholesaling is simple, but it’s not that easy.“
“Money is one of those things you can always make, but time, you can’t get that back.“
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