Live Q&A - Staying Within Budget on Your Rehabs, Hiring and Managing, Business KPIs, and Do You Need an Executive Assistant

Live Q&A - Staying Within Budget on Your Rehabs, Hiring and Managing, Business KPIs, and Do You Need an Executive Assistant

Author: Inspiring interviews with today's most successful real estate investors! August 25, 2022 Duration: 39:59

Highlights From The Show:

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 August 10th 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:

“My guess is that you know if you blew the budget in the original estimate or during the project itself.”

 

“It isn’t enough to have an itemized budget without a detailed timeline for your project.”

 

“Managing, or mismanaging, the renovation and the contractors is probably where the issue in going over budget lies.”

 

“I would hit them immediately and then again in 90 days.”

 

“I would reach out to leadfuzion.com and tell them you are interested in marketing to probate and foreclosure lists and ask them the best strategy.”

 

“You should go grab the book, Extreme Ownership.”

 

“As you grow, you can bring someone in to manage your people, but in the short-term, you just have to do it.”

 

“There are services out there that will play HR for you, both hiring and firing employees.”



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More Resources From Mike:


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

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