Show #45: Ramon Tookes - Creating Generational Wealth

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Wholesale Nation Podcast

Business


“You can’t be the same person as you are today to become a millionaire.”  – Andy Speed   The Wholesale Nation Podcast is targeted on giving away all the details needed to be a successful wholesaler, along with direct insights from wholesalers from across the nation. Our hosts, Undrea King, and Andy Speed are the owners of Drayco Properties, a real estate investment company located in Houston, Texas. Undrea has over two decades experience as a business operator and several years as a real estate investor. Andy has been in the real estate game since February 2015 and has a decade’s worth of experience in supply chain management. In the podcast series, the two motivated men have thrown light on the importance of having faith in ourselves to be able to take risks and believe in what we’re doing. In another of its worthwhile episodes is featured Mr. Ramon Tookes (Mr. Flipology!), a real estate investor, coach, and developer with a quarter of a decade’s worth experience in the industry. Ramon currently oversees the daily operations of The Tookes Group, a real estate consulting firm he founded in 2005, specializing in investment consultation. He signed his first real estate deal as a freshman in college and financed his college career with the proceeds from his real estate investments. The visionary entrepreneur lends his wealth of knowledge, expertise, and proven strategies with his weekend real estate investment boot camp, Flipology 101. 25 years of experience in the industry gives him a lot of power and a position to talk about his acquirements and learnings, and he shares with the listeners a lot of what he gained from the journey towards living a complete and wealthy life. In today’s episode, Andy and Undrea bring for their listeners, infallible solutions to those wanting to succeed in the wholesaling business. Ramon, with every experience or example shared, has deeper insights to offer on business which needs to conform to honest learning practices. He offers meaningful comparisons to those investing in learning and those who don’t. We are offered to understand from his experiences expanding and escalating his business, which has always only taught him to get better every day. With impeccable yet fitting comparisons to the growing of a business, Ramon talks about the need to constantly move towards finding the “right fit” in the journey. With the conversation highlighting certain prevalent facts on learning, we understand how people tend to disregard free courses and how paid teachings are the ones most accounted for in the market. For Ramon, wealth-building is not all about money but is more about building healthy and lasting relationships and a lot more about growing oneself. Ramon has his experience teaching him that only around 5 percent of the people he coaches, listen to his words, and implement the advice and tips offered. And only 2.5 percent of the remaining move towards actually starting the business. Where would you stand if you had him as your mentor? What are the learnings from his experiences guiding and mentoring his followers? This episode would find answers to your questions on growing to be a successful wholesaler. Tune in to the episode for their encouraging and meaningful insights on the business. If you enjoyed listening to this, and want to learn even more about growing your real estate wholesaling business, subscribe to the show, comment, and share with us your ideas!   Quotes:   “Come to the triangles.” - 4:38   “When these keys get better, we get better.” – 4:47   “Money is not the enemy. It’s a tool.” – 5:11   “You can’t be the same person as you are today to become a millionaire.” – 5:18   “When you pay, you pay attention.” – 8:07   “It’s all about the small important things that you do every day.” - 18:20   “Wealth building is whatever that’s gonna make you be better for generations to come.” - 20:06   “You have multiple sets of eyes looking through the same thing and they’re all gonna follow back to that one nucleus which is you.” - 25:54   “Take action, but with the right force.” - 31:44   Time-Stamps   [02:25] - Ramon Tookes on how he started with the business [03:41] - On Ramon’s decision to move to teaching [07:22] - Spending money vs. not spending money on education   [08:44] - How Ramon helps people wanting advices on starting with wholesaling [13:40] - Certain success and failure stories from Ramon [16:25] - Ideas on a good mentor [21:24] - Presently working on [23:17] - About Multi-family dealings [24:14] - A 22-unit deal  [27:29] - What wealth-building means to Ramon Tookes [30:35] - Advice to people starting with the wholesaling business [31:49] - Comparing wholesaling with relationships   Connect with Ramon Tookes:   Website: https://www.universityofwealthbuilding.com/ramon-tookes/ LinkedIn: https://www.linkedin.com/in/ramon-tookes-08579230/ Facebook: https://www.facebook.com/MrRamonTookes/   Connect with Andy and Undrea:   Facebook Group: Wholesale Nation Instagram :  @undreaking , @andyspeed_ Website : https://wholesalenation.libsyn.com/