W.L.E.R.E. #22: Level Jumping to a Million Dollar Wholesale Company with Mike Simmons

We Love Equity Real Estate Show

English - July 13, 2020 15:11 - 57 minutes - 132 MB - ★★★★★ - 16 ratings
Entrepreneurship Business Education investing realestateinvesting beginningwholesaler flippinghouses howtostartwholesaling newbiewholesaler realestate realestatewholesaling whatiswholesaling wholesaling Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 398 Credit Score, Squatting, & Repossession to Massive Cashflow

Next Episode: W.L.E.R.E. #23: Multi-Family House Hack to 100+ Units with Brie Schmidt

Mike Simmons is a real estate investor, podcaster, and speaker who shared the stage with Gary Vaynerchuk at his Agent2021 Conference in Miami Gardens, Florida, in 2018.

Make sure to listen to this episode, find surprising answers to HOT SEAT QUESTIONS and you will learn some strategies that they only REVEAL here!

9:55 Fix & Flip with credit cards
11:25 Mechanics lien
12:28 importance of having a contract with GC
13:35 power of Mentorship
15:17 starting low carpet paint flip
16:15 biggest mistake when starting out trying to make the numbers work
19:39 Accelerate with wife’s support
19:59 The worst number in business
24:30 Stumbled upon 15K (intro to wholesale)
27:00 Why wholesaling is more lucrative the flipping
27:30 Bad Appraisals
29:00 Power of Process
32:40 Commercial Propstream link (http://trial.propstreampro.com/weloveequity)

PropStream is the only professional tool that gives you the data software and analytics to solve real-world problems across the entire country!

33:45 7 Figure Flipping how he expanded and exploded his business
39:00 Power of Accountability
40:30 Deal sources and marketing
HOT SEAT QUESTIONS
46:28 Starting over what would you do differently?
47:09 What is the greatest commodity outside of Capital
47:20 What is that you can do to be more productive?
48:21 What is your greatest challenge? Internal or external?
51:22 How can we get the book and how can we be a part of Seven Figure Flipping?

Connect with Mike Simmons
EMAIL: [email protected]
GET A COPY OF LEVEL JUMPING: https://amzn.to/2OiKiQb

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Purchase Contract: https://www.marcusemaloney.com/wholesale-purchase-contract
Assignment Agreement Link: https://www.marcusemaloney.com/assignment-agreement
15 Questions to validate your seller: https://www.marcusemaloney.com/15-questions-to-validate-your-seller

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