Live Q&A - My Best Lead Sources, Where I Get Motivation & Inspiration, and Hoarder Homes

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.

 

This presentation is the live Q&A that I did the week of April 27th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!




Notable Quotes:

 

“I started out getting my leads from the MLS. But remember, it was 2008.”

 

“Going on the MLS and buying foreclosures was really easy.”

 

“When I couldn’t find deals anymore on the MLS, I went to direct mail and it worked great.”

 

“Direct mail helped me blow up into a seven figure business.”

 

“My best source of leads now is Google AdWords, pay-per-click.”

 

“The great thing about a pay-per-click lead is that it is someone that is looking for you.”

 

“Make an offer on it. Hoarder homes are fantastic investments where you can make a ton of money.”

 

“The great thing about a hoarder home is that the clean out is really not a big deal.”

 

“I would only consider giving a contractor a 30% downpayment to get started if I had a ton of experience and background with them.”

 

“Nobody needs 30% to get started.”

 

“If materials need to be bought to get started on a job, have the contractor make a list at Home Depot and call and pay for it yourself.”

 

“I was never a fan of motivational videos and affirmations until the last couple of years.”



Links:

7 Figure Investor

Eric Thomas YouTube Channel

7 Figure Flipping

Return on Investments

Just Start Real Estate

JSRE on Facebook

Mike on Facebook

Mike on Instagram

Mike on LinkedIn

Mike on Twitter

Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months