Sharing Principles For Real Estate Success

Failure is talked about a lot when it comes to building a business, but at the end of the day, does failure really cripple you to the point of quitting? A lot of people think that failure is just the world telling them it's not meant to be, but truth be told, you have complete control of your success. You aren't a failure until you quit.

This new Tax Cuts and Jobs Act has taken America by storm this week, raising a plethora of questions. Our accountant and mastermind member, Josh Belk of Belk & Associates gives us a brief overview of everything going down with the new change.

In the real estate investing community, the relationship with the investor and contractor is very unstable. Often times one doesn't understand the other and bad blood happens. At the end of the day, communication is where the fallout happens. Tom Olson has spent many years on both sides of the field, and he explains his take on the relationship between contractors and investors.

With any kind of transaction between you and a contractor, there should be an agreement of sorts to protect both yourself and the contractor. Tom gives us a few items to make sure get done when creating an agreement with contractors.

Investing in real estate can be a huge challenge especially if you haven't been mentored on how to do it. In this episode we interview our good friend from Richmond, VA, Jim Ingersoll who is a long time real estate entrepreneur, and being successful in many markets.

Often times we aren't taught simple and basic principles on preparing for life and for business. Our own Tom Olson breaks down a few basic things to know with that preparation!

This is definitely the first question that comes to anyone's mind when you are vetting a deal. Is it good or is it bad? Pretty elementary. Our salesman Jarrod Stotemeister gives us a different point of view when deciding if a deal is good or bad.

In today's fast-moving world, getting caught not completing important tasks is very common, but the tasks still have to get done, but how do you organize your busy life to make sure all important things get done? Tom Olson gives us a few tips on making sure things get done!

The definition of "Outliers" is a person or thing situated away from or detached from the main body or system. That's exactly what this book is about. Talking about successful people and how they themselves are outliers, and not necessarily what they are like currently but the environment of where they came from. What made them to be the great person they are today.

Since the real estate collapse in the mid to late 2000's, there have been many stories of failing, surviving and completely avoiding the collapse. On our show for this episode, we have Roger Blankenship with the Flipping America Radio Show to tell us his story on failing in the crash, surviving it, and then thriving it. It was a pleasure having Roger on and we look forward to having him back!

A very good friend of ours and now a member of the Good Success Mastermind, Walter Wofford joins us on our podcast to talk about affordable housing and how to finance them with a two-note model. Walter is from Jackson, MS and is the owner of the Financial Friends Network. Check them out at http://www.financialfriendsnetwork.com/

Having a logo with some nice colors and design isn't enough to stand out in the business world anymore. It has become very easy to create a business and just throw a logo on it to become the face. This is why having a good brand will make you stand out more than the competition. Eddie Wilson is in the top 1% marketers in the world having a hand in the brands of Buffalo Wild Wings, Pepsi, and Subway. In this podcast, he talks about why having a good brand is going to make you stand out in all the noise.

Being busy and being productive are two different things. People always get those confused. Just because someone is "busy" doesn't mean they are productive. Productivity is way more important than being busy. This book talks about picking and choosing the essential things to make sure your business is productive as opposed to busy. Max Keller with Savior Realty reviews the book for us!

We preach mindset very often on our podcast so it is always great hearing someone else's perspective about it. Aaron Chapman with Security National Mortgage Company gives us his take on what the mindset of a real estate investor should be.

Often times when it comes to marketing, we overlook one of the easiest and cost-effective ways to market to our audience. That is email marketing and capturing those emails for marketing purposes. Our Good Success marketing director, Kevin Hansberger, gives us some insight on why capturing emails for marketing is important and how to use those emails once you have them.

When having a business, education on the market you are in will come and go all the time, whether you go looking for that education or it comes to you. Being a part of a mastermind is a huge education platform that has so many benefits to take advantage of. Tom Olson talks to us about the power that a mastermind really has!

Taking ownership is not what everyone thinks it might be. It's a much deeper component to a person's personality that is not natural for us to have. Extreme Ownership takes us to the battlefield with two Navy Seals talking about their experiences when communications are important and taking ownership of a situation in battle.

Creating great content to sell a property online is over looked more than anything. You post just whatever pics you have, and give a short fluffed description and put zero to little effort into it. But creating great content for selling your property isn't as difficult as you think.

Follow up, follow up, follow up. This is the lifeblood of sales. If you are in a business of any kind, follow up is a key factor to whether you create a customer or not. We all know this, but unfortunately, very few of us practice this business principle. Our own Jarrod Stotmeister gives his take on the importance of follow up.

Leadership is one of our favorite topics to talk about, because of everyone listening to these podcasts is leaders in some way. A more interesting point of view is from the founding fathers of our great nation. How did they lead? What did they do to engage such a following? In this book, we are told how the founding fathers gathered such a following through their leadership.