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

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We Love Equity Real Estate Show

Business


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: Mike@JustStartRealEstate.com GET A COPY OF LEVEL JUMPING: https://amzn.to/2OiKiQb Share this with a friend, family member, or fellow investor who you think would enjoy it! Thanks for watching this episode! Don't forget to like the video, share it with a friend and subscribe for new videos every week! We also have a strategy session that will award you the opportunity to take the guesswork out of real estate wholesaling and investing at "We Love Equity Real Estate Show" INTERESTED? JOIN US - http://weloveequityrealestateshow.libsyn.com   FREEBIES: GET YOUR 15 Minutes Free Consultation: https://www.marcusemaloney.com/free-consultation 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 JOIN OUR CONVERSATIONS: Facebook: https://bit.ly/33QPmkQ Facebook group: https://bit.ly/32Y5C2s Twitter: https://bit.ly/2qXaRlD Instagram: https://bit.ly/2pmwdZ2 Linkedin: https://bit.ly/2rKRJre Website: https://marcusemaloney.com Also, find the show on Feedspot Enjoy the Real Estate Journey!