Mike Hambright is a professional real estate investor, mentor, and coach. Mike is also the founder and host of Flip Nerd, an educational website where he interviews VIPs in the real estate market across the US. This week’s master class is all about expanding and adding value to your network.
Alex continues the topic from last week’s Q&A on how to leverage your network for some great referrals and to generate leads for free. You can ask a wide variety of people in your network to help you get in touch with home owners and cash buyers and best of all, it’s absolutely free! If you missed last week’s Q&A, be sure to check it out as well as Jason Buzi’s master class.
“I knew that my blood, sweat, and tears was for the greater good. Not only was it to build the lifestyle I want but to also provide for my family. I knew that it was going to help and impact others.” Alex Pardo
Have A Sense Of Purpose To Make A Bigger Impact Every Day
In this CarrotCast episode, Trevor is joined by Alex Pardo, wholesaler, and entrepreneur in Miami, Florida.
He originally wanted to be a corporate CEO and was accepted into GE’s Financial Management Program, but found that 70-80 hour work weeks wasn’t going to be his future.
He chose to backpack around Europe for a period of time until he had that “ah-ha” moment…to venture into real estate wholesaling.
He found that by getting away from the corporate “structure” he was able to drive a personal mindset shift, create the lifestyle he wants and continue to make the lives of others around him better.
Since that mindset shift in 2005, his real estate business has gone through many phases. He now has a team of employees that allows him the freedom to work on other real estate and entrepreneur projects that fuel his passions.
Listen to the Podcast
Check out this inspirational conversation with Alex about…
Where his wholesaling business currently is and where he wants to take it in the future.
How he hires his employees and how the process has changed.
Why mindset shifts are important and why he had to make a change.
His desire in life to inspire others to reach their dreams and goals.
His process for tackling challenges head on.
Watch the Video Version
Start – Alex’s journey from corporate stranglehold to having freedom and creativity to run his own business. 21:03 – What his current role is in his company. 21:45 – Using Podio as a wholesaling CRM tool. 22:50 – Mindset shift – marketing to agents. 23:40 – Focus on hiring. How to start building your wholesaling team. 26:48 – Having employees take the Kolbe personality test. 33:30 – What impact Alex wants to make. Being an inspiration for the 9-5 worker. It’s not just about money…it’s about helping people. Finding your passion and what you truly love doing.
“As a CEO, if a task you’re doing isn’t making you money…outsource it.”
Lee Kearney is the owner of Southeast Property Investments Network (SPIN), and acquires anywhere between 40-80 properties a month, having only 25 employees on his team. So, how does Lee do it? By putting effective systems and people in place. In this week’s master class, Lee discusses everything you need to know about market cycles and how you can navigate through them without a fortune teller or a magic crystal ball by your side.
Alex answers some questions he received from Jason Buzi’s master class call. He does a deep dive into how you can develop strong rapport with your agent as well as how to properly leverage pocket listings in your target market. Also, stay tuned next week for the Q&A show where Alex discusses how to put your referrals on steroids.
Jason Buzi works in high-end wholesaling and has been consistently selling 1.5 houses on average a month over the last few years. He is located in an incredibly hot market, San Francisco, and has been wholesaling since 2005. Jason admits he’s a one man show, but it really isn’t a bad gig considering he’s been making a 7-figure income since 2013. Listen in to Jason’s advice and tips on how he stays ahead in such a competitive market.
Take a break! Alex and his wife just returned from Chicago and Alex reflects on the positives of taking a break and disconnecting from the business. Even if you’re not in a place right now where you can travel outside of your state, there’s nothing wrong with taking the weekend off to explore your backyard and to take in the little things that give you joy. Also, be sure to listen in to hear Alex’s answer to John’s question on how to generate leads for free.
Lex Levinrad has been a full-time real estate investor since 2004, having flipped, wholesaled, and rehabbed more than 500 houses. Lex discusses some of the strategies he used to scale his business in this week’s episode. The biggest takeaway from Lex is that you have to change your perspective on money! If not, it will only hold your business and your money-making potential back.
Alex discusses why chasing rainbows or the ‘next big thing’ is the worst thing you can do for yourself. Focus on one niche and pursue that niche with all your heart. There’s only so much that books and online courses can teach you, but at the end of the day, you need to be in the trenches to really learn this industry and get things working for you. You need to get hands-on experience to really understand what those books are trying to say.
Dan Schwartz is the Founder and CEO of InvestorFuse. Dan’s major strength is lead management, and he shares some fantastic lead generation tips and tricks for those who are just starting out. This master class covers how you can use prospecting as a marketing strategy. If you’re able to use prospecting effectively and efficiently, it’ll skyrocket your business into new heights. However, so few people are able to successfully leverage this strategy. Listen in to Dan’s wise words on how to effectively apply this marketing tactic and stand out from the crowd.