The Top 35 Questions To Ask When Interviewing Your Property Manager! (Coaching Call)

Hey guys! Back with another coaching call recording from inside our membership program.

A few months ago we went over an EXHAUSTIVE list of all the questions to ask a property manager....so you know FOR SURE who you are about to hop in bed with. 

Tune into this episode to get an idea of all the complexities of the Property Management relationship. Some of the terms we go over will make or BREAK your investment.

How To Buy Cashflow Properties Without Any Money (The Numbers Behind My Latest Huntsville House)

Ever since Nashville got too expensive, I'd been looking for a new market.

A market where I could get cheap, cashflow rentals...

But also was growing fast and getting nicer, like Nashville has.

When I discovered Huntsville, I found what I was looking for.

Today I go over the story of how I found my first house in Huntsville, got it renovated, and ready to rent.

If you want to see pictures, it's currently listed for rent here:

https://www.zillow.com/homedetails/2118-Medaris-Rd-NW-Huntsville-AL-35810/92184985_zpid/

Doing The Work Is Hard. Dealing With The Consequences Of NOT Doing The Work Is Harder.

My dog trainer has a saying "It's easier to train a dog than it is to live with an untrained dog".

What he means is this: do the work upfront, and you'll reap the rewards in the long run. 

Doing the work upfront is HARD. 

Dealing with the consequences of not doing the work is HARDER.

Grasp that and you'll want to do the work.

In this episode we dive into how doing the hard stuff upfront makes every area of life better, including finances, health, relationships, and more.

How To Avoid The Dreaded Pile Of Crinkled Up Receipts (Coaching Call)

Do you want to sit back and enjoy passive income....but you DREAD the thought of doing accounting, bookkeeping, and taxes?

When I first started in real estate, I did all of that the WRONG way.

I had a big pile of crinkled up receipts laying on my desk.

Spreadsheets where I was "keeping track of stuff".

It all culminated in a nightmare of accounting when tax time rolled around.

It took me YEARS to figure out how to do it the right way. 

Today, I go over what you should do so you DON'T end up like me!

Get Clear On The Best Path To Hit Your Goals - Book A Free Strategy Call With Me Today!

Do you want to be sure you are doing the right stuff, in the right ORDER, to hit your goals as quickly and painlessly as possible? 

I spend an ungodly amount of money on coaching and masterminds to make sure I'm not wasting time and effort in the wrong areas (because I did that for many years in the past!)

Right now I'm offering FREE strategy calls, where I will help you define the lifestyle you are after, the goals needed to create that lifestyle, and the STRATEGY that is best suited to hit those goals. 

Use the link below to book your call today!

https://go.oncehub.com/AssessmentCall15

Studies have shown people at the workplace are only productive about 50% of the time, so that would be 4 productive hours in a typical 8 hour work day.

Some companies are even moving to 4 day weeks, or giving employees "unlimited" vacation time.

When you are an entrepreneur and have control over what work you do, you have a huge advantage.

You get to identify HIGH LEVERAGE activities, the ones that will really move the needle...

And focus your work hours on those activities.

Because of that, you can make a big difference in a very SHORT period of time...

Meaning you can work a lot less hours overall and achieve the same (or better) result than you can at a job.

This is why, for my friends who want to make the leap to entrepreneurship, I say DO IT.

Don't put your family at risk, but carve out at least 30 minutes a day to start chipping away at your business.

One day...that business will actually become something that can provide for you, and you'll be able to do it full time!

It won't be easy, but it WILL be worth it.

(P.S. - Make sure it's based upon your passions, not just a money grab, or you won't persist when the going gets rough, which it will!)

What’s the FASTEST Way To Quit Your Job With Real Estate….Wholesaling, Flipping, Or Buy And Hold?

Do you want to find the quickest way to quit your job and become a real estate investor?

One common question I get is "which should I do Brian, flipping or wholesaling?"

For almost everyone, they also tell me "Buy and hold is my long-term goal".

In today's training, I share my contrarian opinion on why I think fix and flipping houses is a better fit for most real estate investors who want to quit their job ASAP.

Learn how you can get coached by me TWICE A WEEK for the price of a gym membership at:

www.myfirst12houses.com

Follow Me On Instagram: brian.ellwood

Interested in 1-on-1 coaching? Email me: brian@brianellwood.net

Are You Placing Too Little Value On Your TIME??

Do you want to stop wasting time doing a bunch of small stuff that is NOT moving you forward? 

One of the biggest mistakes I see from people just getting started is not understanding the value of their #1 asset - TIME.

In this training, I detail all of the things I outsource (both in business and personal life), and how it gets me back over 1,300 hours per year!

Learn how you can get coached by me TWICE A WEEK for the price of a gym membership at:

www.myfirst12houses.com

Follow Me On Instagram: brian.ellwood

Interested in 1-on-1 coaching? Email me: brian@brianellwood.net

I recently found my calendar filled with random meetings and things I agreed to.

As a result, my business was falling behind, I had less time to spend with my family and friends...

And less time for hobbies too.

I'm grateful for @michaelhyatt and his new book "Free to Focus" which explained what was going on to a T.

Time is a zero-sum game, meaning you can't spend time on one thing without TAKING time from another.

You can't create more time, there's a fixed amount in each day.

I've started to get a lot more intentional about how my time is spent...

Putting the important stuff first...

I'm still not perfect, but things are improving.

Anyone else have this same struggle?

Top 10 Investing Mistakes (Mistake #10 - Never Getting Started In The First Place)

One of the biggest questions I get is "how do I avoid risk"? 

What people are really asking is "How do I avoid making a mistake that will cost me money, ruin my chances, bankrupt me, etc?"

How can I guarantee I will make a GOOD decision and buy a GREAT property that makes me cashflow? 

The truth is, there's no way to totally eliminate risk.

BUT, there are a variety of methods to make sure you minimize your risk in a big way...so that over the long run, any setbacks are massively offset by all of your big wins. 

In today's video I go over one HUGE mistake you can make, NEVER GETTING STARTED IN THE FIRST PLACE, that will screw up everything else and possibly derail your investing efforts.

Learn how you can get coached by me TWICE A WEEK for the price of a gym membership at:

www.myfirst12houses.com

Follow Me On Instagram: brian.ellwood

Interested in 1-on-1 coaching? Email me: brian@brianellwood.net

Top 10 Investing Mistakes (Mistake #9 - Getting Screwed By Your Contractor!)

One of the biggest questions I get is "how do I avoid risk"? 

What people are really asking is "How do I avoid making a mistake that will cost me money, ruin my chances, bankrupt me, etc?"

How can I guarantee I will make a GOOD decision and buy a GREAT property that makes me cashflow? 

The truth is, there's no way to totally eliminate risk.

BUT, there are a variety of methods to make sure you minimize your risk in a big way...so that over the long run, any setbacks are massively offset by all of your big wins. 

In today's video I go over one HUGE mistake you can make, GETTING SCREWED BY YOUR CONTRACTOR, that will screw up everything else and possibly derail your investing efforts.

Learn how you can get coached by me TWICE A WEEK for the price of a gym membership at:

www.myfirst12houses.com

Follow Me On Instagram: brian.ellwood

Interested in 1-on-1 coaching? Email me: brian@brianellwood.net

How To Build A 7 Figure Real Estate EMPIRE (While Still Having A Personal Life!) with Jerry Norton of Flipping Mastery

 
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Jerry Norton

Do you want to be massively successful in real estate investing, but you DON’T want to work 80 hours a week and give up family time to do it?

If so, you’re going to want to tune in to this interview.

I sat down with Jerry Norton of Flipping Mastery, who went from working a construction job in his mid-20’s to a self made millionaire real estate investing family man by the time he was 30.

In the interview, Jerry shares his story as well as his best advice on how you can follow in his footsteps and stop trading time for dollars for GOOD.

Learn how you can get coached by me TWICE A WEEK for the price of a gym membership at:

www.myfirst12houses.com

Follow Me On Instagram: brian.ellwood

Interested in 1-on-1 coaching? Email me: brian@brianellwood.net

Top 10 Investing Mistakes (Mistake #8 - Buying In A BAD Neighborhood)

One of the biggest questions I get is "how do I avoid risk"? 

What people are really asking is "How do I avoid making a mistake that will cost me money, ruin my chances, bankrupt me, etc?"

How can I guarantee I will make a GOOD decision and buy a GREAT property that makes me cashflow? 

The truth is, there's no way to totally eliminate risk.

BUT, there are a variety of methods to make sure you minimize your risk in a big way...so that over the long run, any setbacks are massively offset by all of your big wins. 

In today's video I go over one HUGE mistake you can make, BUYING IN A BAD NEIGHBORHOOD, that will screw up everything else and possibly derail your investing efforts.

Learn how you can get coached by me TWICE A WEEK for the price of a gym membership at:

www.myfirst12houses.com

Follow Me On Instagram: brian.ellwood

Interested in 1-on-1 coaching? Email me: brian@brianellwood.net

I talk to a lot of people who want to invest in real estate but don't want to go into any debt.

A lot of time they either learned from Dave Ramsey or just have a conventional "no debt" mindset.

Being in zero debt is a good thing, don't get me wrong.

But there's a big difference between good debt and bad debt.

Bad debt costs you money each money (car payment).

Good debt MAKES you money each month (cashflow from rental).

Case in point: What if I offered you 10 rental properties FOR FREE...

Each house was worth 70K, but they all had a loan against them with the bank for 50K. They also cashflowed $3,500/year each ($35,000/year total).

So you'd end up with an extra 35K per year (and $200,000 in equity)...

You'd own $700,000 worth of real estate...

You'd also owe the bank 500K in loans.

That's what being in "good debt" looks like.

So, would you take the deal?