REI INK

climbing the ladder of success

When immigrants get to the United States of America, they are made to believe that money grows in trees. Unfortunately, money doesn’t grow on trees. People do whatever it takes to ensure they get the money.  On this episode, I have the pleasure of hosting Krzysztof Warchol. He is the owner of Estate Solution. When he first came to America in 1996, Krzysztof took odd jobs to make ends meet. He has worked as a salesman, janitor, limo driver, and real estate investor.  Krzysztof’s story is enough evidence that we can achieve anything if we have the right mindset. In this episode, Krzysztof shares how he transitioned from one role to another until he got to where he is today.  Listen and get motivated.  Quotes from the Episode: “Never give up. When you set the goal, when you set the target, go for it.” “When you decide to do something, you need to be consistent.” “I’m trying to teach my children how to make their money work for them.” “Never give up guys. It cannot be worse than it already is.” Connect: LinkedIn: https://www.linkedin.com/in/krzysztof-warchol-b85007170/ 

Read More

real estate is your retirement vehicle

Mohammed Diab is a Doctor of Pharmacy who was born and raised in Saudi Arabia. He moved to the United States for a better future and today, he has left his career in healthcare to flip houses and own rental properties.  Listen to this episode to learn more about Mohammed, his story, and how he built his real estate business shortly after migrating to the US from Sudan!  Quotables “Everybody has a purpose, you just have to find it, grow it, and then go from there.” “Here’s the thing, even if you’re hiring a qualified professional but you don’t have enough knowledge to manage them and know if they’re doing it right or wrong, you’re still going to be screwed.” “The flexibility, the financial freedom I’m getting into – it’s amazing, it has great potential.” “Time is the most precious thing you have in life and once you have control over that, you’ve got it all.” “Get a mentor to do it right and avoid mistakes. Mistakes in business can be very costly and it can take you down.” “I don’t see it as a job, I see it as a passion, so I don’t see myself calling it work. I’ll just be following my passion, doing what I love, and I see myself there.”

Read More

How Hospitality Affects your Short-Term Rentals with Blake Carter

Blake Carter is the co-founder of CRIBS Consulting, specializing in creative methods that allow real estate investors to cash flow in expensive markets. He made his way into real estate investing after high school and today, he is focused on creating cash flow through short-term rentals and helping other investors do the same. Listen to this episode to learn more about Blake, what CRIBS is all about, and how his short-term rentals are doing in today’s market! Quotables “It’s really understanding that there is an actual business aspect to it aside from the real estate.” “Understanding and learning about the business of hospitality and the business of short-term rentals before you jump right into it is really, really important.” “If someone’s considering a management company, finding someone who is local but has a really good footprint on the area is important.” “You’ll find your biggest return will be if you can focus all your time, energy, and money on one business and one goal, and then you can expand from there.” “It’s important to hold them accountable and there are ways to hold them accountable, but you want to treat them well because they’re the ones that are really running your business.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Website: CRIBS Consulting https://www.cribsconsulting.com/ Email: Blake Carter blakedoesrealestate@gmail.com

Read More

keep more properties and cash flow in 2023

David Olds is the founder of Ez REI Closings, a real estate wholesale company based in Chattanooga, TN. He moved to Chattanooga in the middle of the crash in 2009 and built his business from the ground up, and he is on the show today to share his story. Listen now to learn more about Ez REI Closings and the lessons David learned through the years as a real estate investor! Quotables “No matter what the market is, always be looking for opportunities to grab long-term cash flowing assets.” “I think a lot of our customers are experiencing, what I heard at a conference the other day, a reversion. It’s not really a correction, it’s definitely not a crash, but it’s reverting back to normal.” “Anybody that’s been around just a little bit and has a fully scaled-out business, they’re doubling down right now.” “As soon as rates flatten and stabilize, it’s going to be a feeding frenzy. It’s going to be unbelievable.” “I promise you, keep some of these properties. Get some financing, buy Sub-To, learn creative financing – whatever you have to do, but build that portfolio so you can get to the end faster.” “It’s, in my opinion, the best investment vehicle in the world because it’s inflation indexed, it’s residual income, and it has an underlying asset.”

Read More

THE BEST OF SEASON 1

2022 was a great year. As we conclude the first season of Uncontested Investing, I want to look back on all the experiences and lessons, so we can take them into 2023 and use them to grow further. Listen now to discover what I learned in 2022 and how these lessons and experiences have prepared me for this year! Quotables “What I found after 21 years in this industry is you don’t know what you don’t know. No one knows everything and everyone knows something.” “The point is you’ve got to have a plan and you’ve got to plan your work and work your plan, and don’t let your work, work you.” “You should not be hoping or wishing, you should be planning.” “The thing about food, water, and shelter is as long as you provide a quality home at an affordable price, I think you’ll always have demand.” “When you network and meet other people, you actually get on the ladder where they’re at. You can skip all the wrongs that they had to climb.” “You have to wait, you have to have a plan, you have to work towards that end goal.” “Having a plan and delaying gratification is the number one way to be successful.” “Don’t keep doing the same thing, expecting the same result – that’s the key!” “Now is the time to formulate your plan. Now is the time to get your capital in a row, then go execute on your plan.”

Read More
UNIN 27 | Real Estate Investment

MAKE YOUR MONEY WORK FOR YOU: THE POWER OF COMPOUNDING

Charlie Calise of Calise Partners and Imaginuity has decades of experience in data, analytics, and advertising and he’s on Uncontested Investing to talk about real estate investing, marketing and advertising, the economy, and so much more. Listen now to learn more about Charlie, his journey in business, and what he has learned through his years as a marketing and advertising expert and real estate investor! Quotables “What we’re in is a marathon and not a sprint, so take a long view. I’m making investment decisions today for great grandchildren 50 years from now that I’ll never know.” “Don’t stop at the headline, read the copy. Right now, what you’re dealing with is “the market is crashing” and so forth – the market’s not crashing, it’s correcting, but if you stop at the headline, you’ll be riddled with fear.” “If you think you’re going to keep one house this year, keep two. If you think you’re going to keep one this month, keep two. If you think you’re going to keep five this quarter, keep six.” “Here’s the thing that I learned – when you talk about 10x-ing, that first 10x is the hardest.” “I’ve watched small entrepreneurs wash out day after day because they didn’t have a solid business plan that’s going to make them money.” “Being an entrepreneur is not for the faint of heart. Work hard, it’ll get you through every short fall that you’ve got.”

Read More