REI INK

The 3 Levels of Development and Why They Matter 

Ted Studdard is a retired US Marine Colonel with over 30 years of leadership experience in the military. Today, he uses his background and experience to help professionals become better leaders in their chosen fields. Listen to this episode to learn more about Ted, his experience as a military leader, and how he is using his background to develop better business leaders today! Key Talking Points of the Episode 00:00 Introduction 00:47 Who is Ted Studdard? 02:14 What does Ted do today? 03:20 What should people be focused on today? 04:57 Why is it important to build people up? 08:08 Why do leaders need to learn how to delegate? 13:56 How can we become better leaders? 16:19 How does someone know what skills they need to improve? 21:20 What is the right way to delegate to your team? 23:07 What makes a good leader? 25:42 What prevents people from growing? 29:11 What are some leadership traps people can fall into? 33:11 What is Ted’s advice to young entrepreneurs? 36:14 What is the importance of understanding the real value networking? 38:59 How can veterans overcome the struggle with structure outside the military? 45:21 Why is it important to pay attention to the way you speak as a leader? 48:53 What is Ted’s book about? Quotables “As entrepreneurs or any leader, we gravitate to doing things. We’re doers, but if we can get all those other people, think about how that exponentially raises what we are capable of accomplishing.” “I think in our professional lives and personal lives, we need a network of people, not that’s always going to tell us yes, not always to agree with us, but folks to tell us real, unfiltered feedback.” “A good leader is a good teacher, a good mentor – you have to be able to teach and help people grow.” “I think as human beings, we’re sometimes reluctant to ask for feedback because we love the good feedback, but we don’t like the feedback that’s really important and sometimes, that negative feedback, we need to hear to grow from.” “As leaders, sometimes we get so caught up that we put our ego in front of the organization or the mission, just like I did.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Book: Depot to Depot https://www.amazon.com/Depot-Transfor… Website: The Studdard Company https://thestuddardcompany.com/ LinkedIn: Ted Studdard https://www.linkedin.com/in/tedstuddard

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Breaking Down Lease Options and Creative Finance

John Jackson is considered the nation’s premier authority on real estate lease options, and is often referred to as the “King of Lease Options.” Other nationally recognized real estate educators refer their students to John to learn his lease option systems. John started his lease option company, Leasing To Buy®, in 2003, and has since done over 600 lease option transactions, with his students having done hundreds of lease option transactions as well. John is also the ONLY educator that teaches Texas Lease Options. Real estate attorneys refer to John for education and training on the subject. Connect with John Jackson https://leaseoptionclasses.com/

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The Startling Future of Generational Wealth and Rent Cycles

Lacey Brutschy is one of the most influential real estate investors on social media today. She is a real estate development and residential sales expert based in the DFW area, and she is on the show today to help us better understand what’s happening in today’s market. Listen now to learn more about Lacey, the DFW market, and what we should be expecting based on what’s currently happening in the real estate world! Quotables “The goal that I think people should be thinking of is no longer whether or not the time is to get into the market because the time to get into the market is 3 days ago, it’s today, it’s tomorrow – because that’s the only way you’re going to build generational wealth.” “You just really have to know what you’re looking for, as far as places that we’ll see equity growth, which is really based off of location and whether or not the development has they’re own school system.” “Your goal is really to purchase a house that has as many bedrooms and bathrooms as you can afford, then you house-hack that with your friends.” “The opportunity is again, not in long-term rentals. It’s in mid-term, it’s in short-term, if done correctly.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Instagram: Lacey Brutschy https://www.instagram.com/lacey.compass/ Email: Lacey Brutschy lacey.brutschy@compass.com

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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/ 

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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.”

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Finding Your Niche: Self Storage Edition

Travis Baucom is a real estate investor in Waco, TX, focused on self-storage syndications. He has been investing in real estate for years in single-family residential properties and recently made his way into commercial, specifically in self-storage properties. Listen to this episode to learn more about Travis, his transition from single-family to multifamily, and what he has learned along the way! Quotables “When you look at deals, you need to be underwriting them a lot more conservatively than you have in the past.” “Attorneys, property managers, maintenance guys – all that can be contracted out so it’s not on your payroll.” “The great thing is storage pays so well, cash flow wise. We don’t have to buy a property this year to continue our lifestyle.” “There are 3,000 facilities in America – 70% of those are owned by mom-and-pop and the ones that aren’t, 80% of those are owned by companies that are publicly traded on Wall Street.” “What you did is the same advice I give everyone. It’s really first aid, it’s triage. Stop the bleeding, protect the wound, treat for shock.” “Sometimes, you just have to understand that the good deal is just getting out of there.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Website: Travis Baucom https://www.housetoempire.com

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