#13 with Jon Schoeller: Veins are Popping and Value Add Central

Millennial Millionaire Real Estate Podcast

English - April 12, 2020 15:29 - 1 hour - 96 MB - ★★★★★ - 56 ratings
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Previous Episode: #12 with Nick Roberts: No Nonsense Approach is the Absolute Best

Next Episode: #14 with Michael Ealy: How to Survive and Thrive Through a Recession

In this episode, Jonathan interviews Jon Schoeller on his successful Real Estate journey. Jon is always keeping himself busy with the many ventures he is a part of: Real Estate investment business, fitness business, YouTube channel and building his own Real Estate portfolio. He dives into tangible tips and tricks to take action and the importance of being a value add focused person.

Episode Breakdown:

1) Intro dig in/Strategy: 0-22:58

2) Getting started/Taking Action 22:59-50:29

3) Content intake/Time management/Tactics/Tools: 50:30-1:00:58

4) Wind down: 1:00:59 -1:09:23

Top Takeaways

Tips for creating content:

- Most people are not comfortable getting on camera, but you just have to start

- Repetition is key to getting more comfortable and natural

- Record with no intention of posting

- Record the same thing 10 to 15 times and eventually, you will find one that is post-worthy

Finding deals today:

- Majority of deals are off-market

- Go to sites like Zillow and look at the ones that have been on the market for 100 plus days

- The longer on the market, the easier it is to get a good deal

- Understand what the resale value is in the neighborhood you are looking at

- Start knocking on doors and ask people if they are interested in selling their house

Taking Action:

- Be a value add person and solve problems for people who don’t have the time to do it themselves

- Surround yourself with people who are doing what you want to do

- Learning by doing

- Start early in your 20’s; Just do it

- Checklists for everything

Working with Contractors:

- Never tell them your budget, because then they will try to get every penny

- Call multiple contractors to walk through the property and give an estimate

- Always pay the contractor for their time

- Find a contractor who communicates extremely well, timely, respectful and gives recommendations

How to bring value to Jon:

- Help with marketing and social media. Always looking to boost his presence online

Resources:

Matt D’Avella YouTube Channel: https://www.youtube.com/user/blackboxfilmcompany

Basecamp management tool

Social Links:

YouTube Channel: https://www.youtube.com/channel/UCBIK5rMihvG0-0ZHS5lARCQ

IG: @thefrugalinvestor

Company Website: https://www.aminvestmentswv.com