Live Q&A - Yoda vs. Luke Skywalker, Advanced Negotiating, and What to do with 100K

Live Q&A - Yoda vs. Luke Skywalker, Advanced Negotiating, and What to do with 100K

Author: Inspiring interviews with today's most successful real estate investors! May 26, 2022 Duration: 38:31

Show Notes:

 

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 11th 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:

 

“This is the place to be.”

 

“You don’t know what you don’t know.”

 

“Unfortunately, most answers boil down to ‘it depends’.”

 

“We determine what we can profit on each different exit scenario.”

 

“We still want to give our buyers the feeling that they are a little bit special.”

 

“For our business, flipping a property is a last option, but it is an option.”

 

“I prefer to be Hans Solo or Luke Skywalker. Yoda is awesome, but he is short and kind of ugly.”

 

“If you have 100K and want your investment to be very passive, I would recommend a syndication.”

 

“I can tell you because I did it. I flipped houses for six years while I worked a full-time job.”

 

“Make snow removal the tenant’s responsibility. No need for you to take that on.”




Links:

WINNING Direct Mail

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
Podcast Episodes
Building Unique Short-Term Rentals with Alex Jarbo [not-audio_url] [/not-audio_url]

Duration: 40:34
Today's Guest: Alex Jarbo Alex is the founder and CEO of Sargon Investments and has an MBA with a concentration in real estate development. He’s also a former Marine, a regular contributor to some of the world's top real…
Being a Good Person and Success in Business REWIND [not-audio_url] [/not-audio_url]

Duration: 1:02:23
Today's Guest: Andy McFarland Andy is not only a successful investor and mentor but also a close personal friend. He and I have traveled together as members of the 7 Figure Flipping Mastermind, and his stellar character…
Live Q&A - Mastering Direct Mail and Buying Above Median Home Value [not-audio_url] [/not-audio_url]

Duration: 49:50
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,…
How to Get Started in Multifamily with Taylor Loht [not-audio_url] [/not-audio_url]

Duration: 40:31
Today's Guest: Taylor Loht Taylor is a real estate investor focusing on multifamily apartments and self-storage properties. To date, he has acquired, partnered on, or otherwise had a hand in over $150 million dollars in…