Millennial Millionaire Real Estate Podcast artwork

#164 with Jonathan Farber: Working With Coaches to Buy Back Time & Building a Successful Team

Millennial Millionaire Real Estate Podcast

English - January 29, 2021 18:21 - 15 minutes - 27.5 MB - ★★★★★ - 56 ratings
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Previous Episode: #163 with David Toupin: How to Scale to Over 1000 Apartments in Five Years With Syndication
Next Episode: #165 with Stuart Grazier: Going From the Military to 100 Units Sold Through His Remote Turnkey Business

In this episode, Jonathan Farber reviews some of his most recent coaching hires and expanding his Airbnb arbitrage business. In this episode, we cover topics like: using coaches as a growing business, 12 Week Year coaching, scaling arbitrage in a new city, and more!


Top Takeaways:


Bringing in coaching on a continuous basis - 2:00 - 3:30



  • You can buy a lot of your time back if you’re willing to be trained in your new tasks


  • You could teach yourself, but think: is your time worth more than what you’d pay a coach?


  • Notion is a great example because it’s highly valuable but deeply complex



Update on 12 Week Year coaching - 3:45 - 4:15



  • When adopting a new system, one of the best places to go for help is the source


  • A vetted expert can save many mistakes in the system onboarding process


  • Especially when passing the information on, more experience coming in always helps



Growing the Airbnb arbitrage operation - 8:00 - 10:30



  • The process is renting a unit and relisting it on a short term or vacation rental site


  • One challenge on acquiring rentals is establishing trade lines, or business history


  • Working with the lessor is often a good way to still get the deal done, so at least try



Resources:


Book by Brian P. Moran: The 12 Week Year


Book by Pat Flynn: Superfans


Red Gregory on Youtube


tim.blog/2020/12/09/harley-finkelstein


Connect With Our Sponsor, MartelTurnkey:


martelturnkey.com


Schedule a Call


[email protected]


Connect With The host, Jonathan Farber Here!


[email protected]


LinkedIn: https://www.linkedin.com/in/jonathanfarber1/


Instagram: @jonjfarb


Facebook: https://www.facebook.com/jonathan.farber.9


Facebook Group: Real Estate Mentorship Mastermind


https://www.facebook.com/groups/860025821084224/


BiggerPockets: https://www.biggerpockets.com/users/JonathanF29


Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw


Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr


Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA