WIP 1909: #ThrowbackThursday - From 32 Cents in His Banking Account to Over 50 Million Dollars in Real Estate Deals

If you are wary of getting into real estate because you believe that it is a difficult industry with numerous risks, well, it is all in your head.

Our guest today, Javier Hinojo, is living proof of that. Javier is a locksmith who lost his hard-earned money to a Ponzi scheme and went bankrupt. After his friend introduced him to real estate, he put in the work, and he now owns over $50 million in his real estate portfolio.In this episode, Javier will go over all of the deals he has done -from flips to wholesales. He will then reveal his secret to maintaining momentum and becoming one of the most successful people in the business. 

He will also go into his mentorship program, Teen Millionaire Challenge, where he helps teens become real estate entrepreneurs. Go to TTP Training Program for more winning strategies!

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Show notes:

• (0:00) Beginning of today’s episode 
• (4:17) Invest in your education and attend seminars even when funds are tight or non-existent 
• (5:44) Take action by making low offers on MLS properties that have been sitting on the market 
• (10:19) Understand that wholesaling is simply sourcing opportunities; you can choose to assign, flip, or hold the property 
• (11:36) Maintain consistent cash flow by wholesaling some deals rather than trying to fix and flip everything yourself 
• (16:03) Read "Mikey and the Dragons" to realize the fears holding you back are much smaller in reality 
• (19:41) Apply wholesaling marketing strategies like direct mail and cold calling to find off-market multifamily deals 
• (25:52) "Get loud" and tell everyone in your network you are in real estate to attract private money lenders

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Resources:

• Javier's Instagram
• Javier's website
• Rich Dad Poor Dad Investing Classes
• The Collective Genius
• Mikey and the Dragons by Jocko Willink
• Teen Millionaire Challenge
• The One Minute Millionaire by Mark Victor Hansen 
• MLS
• To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. 

Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.

It's 100% free to join. The opportunities in this community  are endless, what are you waiting for?