Live Q&A - Buying Condos, Managing Your First Flip, Driving for Dollars, and the Wholesaling Process

Live Q&A - Buying Condos, Managing Your First Flip, Driving for Dollars, and the Wholesaling Process

Author: Inspiring interviews with today's most successful real estate investors! May 19, 2022 Duration: 33:55

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

This presentation is the live Q&A that I did the week of May 4th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!

Notable Quotes:

“I am going to start out by not answering the question, but by challenging the premise.”

 

“Not one person said, ‘There are no affordable properties in my city.’”

 

“Condos are actually really easy to comp.”

 

“You can find good deals in any city.”

 

“It really depends on your goals, right?”

 

“I wouldn’t feel comfortable mailing a thousand names for a year without adding to that list.”

 

“I have given presentations for over an hour on finding motivated sellers and I probably could have gone two or three hours easily.”

 

“I spent the first five years learning, making mistakes, and avoiding asking for help.”

 

“Postcards and letters are still an incredibly effective method for finding motivated sellers.”

 

“Driving for dollars is a great way to find leads and ultimately build your business because it is scalable and very inexpensive.”

 

“You don’t ever want to run your business in a transactional way. It is about building relationships.”

 

“You have to deliver or overdeliver.”

 

Links:

7 Figure Investor

7 Figure Flipping

Return on Investments

Just Start Real Estate

JSRE on Facebook

Mike on Facebook

Mike on Instagram

Mike on LinkedIn

Mike on Twitter

Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

 


Mike Simmons hosts Investor Cheat Code Podcast, a series built on the idea that the most effective strategies are often the personal ones not found in any textbook. The concept is simple: in video games, a cheat code is a hidden key that unlocks advantages, and this podcast applies that same principle to building wealth through property. You’ll hear inspiring interviews that go beyond surface-level advice, diving into the specific routines, mental frameworks, and sometimes counterintuitive tactics that today's most successful real estate investors actually use in their daily operations. Each conversation is designed to uncover those nuanced habits-the real cheat codes-that have led to tangible results for top performers. Rather than offering generic tips, this podcast focuses on the actionable and often overlooked details that can accelerate your journey. It’s for anyone interested in the practical realities of investing, entrepreneurship, and business growth, delivered through candid discussions that feel like you're getting direct access to a mentor's playbook. Tune in to discover how subtle shifts in strategy and mindset can unlock new levels of opportunity in your own portfolio.
Author: Language: English Episodes: 100

Investor Cheat Code Podcast with Mike Simmons
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