W.L.E.R.E 57: Building a Profitable Real Estate Business Through Mentorship with Terry Thayer

We Love Equity Real Estate Show

English - April 26, 2021 07:02 - 52 minutes - 119 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: W.L.E.R.E #56: How To Use Nothing To Inspire You To Gain Everything with Carlos Reyes

Next Episode: W.L.E.R.E 58: How To Convert Old Leads To Massive Profits with Chris Craddock

In today's episode learn how the power of proximity can elevate your business.

Terry Thayer has been an entrepreneur since a small child selling anything he could. In 1997 he opened his first real business as a contracting business. In 2002 he became a real estate investor and has been ever since. Up until 2012, he always did things the hard way until he learned the power of mentorship and financial education. After being exposed to this he became obsessed with how to find better ways of building successful businesses.

Today he invests 10’s thousands of dollars yearly in his personal development. Of the many businesses he owns producing millions of dollars annually, he works less than 5 hours a week total. Most of his time is spent coaching his team to be better and coaching other entrepreneurs on how to avoid the mistakes he made over the years. Other time is spent working on new ways to make money online including his Ecommerce Automation company. He is a big believer in making more while working less.

Make sure to watch/listen to the full episode as Terry answered our HOT SEAT questions directly to the point and learn actionable tips and key metrics that will help you along your journey.

𝐊𝐄𝐘 𝐓𝐀𝐊𝐄𝐀𝐖𝐀𝐘𝐒:

03:25 Terry contractor journey to getting into flips, buy and hold. 09:26 Split partnership in 2008 and started anew in 2012 using Private Money 11:40 Terry’s introduction to real estate wholesaling 13:15 Marketing tactics on how to find deals —reveal! 16:58 Terry’s team structure and tips in managing properties in Single-Family Units in the Downtown Metro area 20:59 Terry’s development company transitions to wholesale company. 24:59 Importance of using a reliable skip tracing system. 26:48 Working for 5hours a week but producing really cash flow evolution. 27:44 How to step up a business to the next level! 37:10 Get to know Terry’s Tab Platform 41:08 What’s next to Terry and his team —reveal! 43:04 Terry’s answered the HOT SEAT Questions Round

Tweetable Quotes:

"Things are going to be great, but it's not going to be easy in getting there, so just be patient and it will come". - Terry Thayer

"Having the right coaches, putting the right systems, processes, and people in place allows me to grow and do the businesses that I do today". - Terry Thayer

Connect with Terry Thayer at:

----------------------------------------------------

Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes.

Also, if you want to learn more about real estate wholesaling, feel free to visit my Website and Youtube channel. If you get value from the videos and content we’re putting out, please subscribe.⠀

⠀

Schedule Your 15 Minutes Free Consultation with Marcus here

⠀
⠀

𝐆𝐫𝐚𝐛 𝐦𝐲 𝐅𝐑𝐄𝐄𝐁𝐈𝐄𝐒 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐟𝐨𝐫:

Purchase Contract:
Assignment Agreement Link:
15 Questions to validate your seller:

𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐜𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐭:
Facebook:
Facebook group:
Twitter:
Instagram:
Linkedin: ⠀
⠀

--⠀
⠀

Also, find the show on Feedspot: https://blog.feedspot.com/real_estate_podcasts

Enjoy the Real Estate Journey!