REI INK

The Man, The Myth, The King of Data

Rick Sharga is the founder and CEO of CJ Patrick Company, a market intelligence firm providing industry insights, forecasts, and analysis to real estate companies. Rick has years of experience in the real estate and mortgage industries and he is with us on the show to talk about what we can expect from the market in the last few months of the year. Listen now to learn more about what’s really happening in today’s market, what we should expect, and how we can plan for the next few months! Quotables “Look for people that need to sell their properties. There are sources where you can find all of that data and that’s where you’re going to be able to find all the assets that you need to buy.” “The millennials wanted to own homes at the same rate that Gen X did, the same rate as the boomers did – they just got started later.” “Don’t jump at the first opportunity that you see because there will be other opportunities but make sure that whatever opportunities you do pursue is an opportunity that pencils out for you.” Links Social Media: Rick Sharga https://twitter.com/ricksharga https://www.linkedin.com/in/ricksharga/ Website: CJ Patrick Company https://cjpatrick.com/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

Read More

Grit, Clarity, and Vision: Building Success One Step at a Time

Brady McDonald is the founder of The Grit Mastermind and CEO of Brightwork REI, a development company focused on building state-of-the-art self-storage facilities. He is a real estate investor with experience across many different asset classes and he is on the show today to tell us about his experience in building a mastermind, scaling multiple businesses, and operating in different markets. Listen to this episode to learn more about Brady, how he expanded his business into different asset classes, and why he founded The Grit Mastermind! Quotables “My advice to you would be to get ahead of the market if it is in a declining state and just try to sell them fast. At the end of the day, you will end up with more money in your pocket otherwise.” “When I was forcing my body into doing these hard things, the mindset got right and when my mindset got right, I became a better dad, a better husband, a better business, I could communicate better – everything just got better.” “What I would highly recommend is figuring out one strategy in one market that is scalable and dive deep into it.” Links Instagram: Brady McDonald https://www.instagram.com/brady.mcdon… Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

Read More

Transforming Trajectories: The 203k Loan Blueprint

Matt Porcaro is the founder of The 203K Way, a program that helps real estate investors build their portfolios by using the FHA 203K loan. Matt is a seasoned real estate investor who specializes in fix and flips, the BRRRR strategy, and small multifamily properties, and he is with us on the show today to shed a little more light on The 203K Way. Listen now to learn how Matt used the FHA 203K loan to propel his real estate investing career to success and how you can learn how to do it for yourself too! Quotables “One thing I do know is that we’re not going to be able to build houses fast enough, so we have to learn how to work with the existing inventory in the market and one of the best ways to do this is by using renovation lending.” “People always wonder why all contractors suck, but it’s not that all contractors suck. It’s that all people go to the cheapest guy.” “I think the thing I underestimated the most was getting one deal and how that one deal changes everything so fast. You, all of a sudden, are part of the club.” “If you can get a good deal, a good deal absolves all sins.” Links Instagram: The 203K Way https://www.instagram.com/the203kway/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

Read More

Every Meeting is Important Even if it Doesn’t Put a Check in Your Pocket

Justin Colby is the founder of The Science of Flipping podcast. Justin is a real estate investor and coach focused on investing in the single-family space, helping thousands of people explore their options as real estate investors, and getting involved in the best ways possible. Justin is with us today to give us a little more insight into the single-family industry and what it takes to succeed. Watch now to learn more about Justin, his best practices, and how you can succeed in the single-family space! Quotables “You don’t have to be doing this in your backyard. Pick the area, follow the money, go where the big boys are going.” “I think when we over-engineer a process or system, it actually removes your ability to be flexible and being able to adapt to different things.” “My first mentor in the space basically said every meeting is important, even if it doesn’t put a check in your pocket.” Links Instagram: Justin Colby https://www.instagram.com/thejustinco… Youtube: Justin Colby https://justincolby.tv Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

Read More

Discovering Your Real Estate Edge

Greg Herlean is the founder of Horizon Trust Company, which helps individuals make the most out of their retirement funds through self-directed IRAs and alternative investments. He is an SDIRA expert and he is on the show today to share his story with us and tell us the lessons that entrepreneurship has taught him over the years. Quotables “For me, if I know that my house is paid off and I have x amount of cash in the bank, I can sleep better at night. When you sleep better at night, you make better business decisions and also with your family life, it’s better.” “It doesn’t matter who you hire. If you’re the owner, there is a difference being in your business.” “If there’s so much hype and you have to do it, you probably don’t have to do it.” “If you’re around successful people in a space you wanna be in, you’ll shave literally years off your experience in building a business.” Links Website: Greg Herlean https://www.gregherlean.com/ Website: Horizon Trust Company https://www.horizontrust.com/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

Read More

Beyond Transactions: Building A Business That Buys You Time

Kent Clothier is the CEO and founder of Real Estate Worldwide and The Boardroom Mastermind. He is an established real estate investor, speaker, and coach, and he is with us on the show today to talk about the things that changed his perspective on business and life, and how he is using his knowledge and expertise to help other entrepreneurs succeed and achieve freedom. Listen now to learn more about Kent, The Boardroom Mastermind, and how you can build a business that can help you get your time back and build the life you want! Quotables “Get out of the mundane things and get into the things that ultimately are gonna allow you, over the course of the next few years, to actually prosper and build significant wealth.” “As long as you are the hustler, as long as you are wildly transactional, and as long as you’re the guy that’s driving the revenue each and every day, you don’t get the opportunity to escape it.” “What I will never do with my time ever is waste it with one person who doesn’t deserve it.” “Build a business, create a situation where you can buy your time back.” “The point is if you are actively involved in a transactional business, that is not a business. That is a job.” Links Website: The Boardroom Mastermind https://theboardroommastermind.com/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

Read More