Storage Wins

Alex Pardo
undefined
Dec 31, 2020 β€’ 19min

EP479: Ideas are Plentiful, but Execution is Scarce!

Alex shares why it's so important to just take action on a new idea that you have. When Alex came up with the idea to do debates for his podcast and combine it with a charity mission, the response he received was amazing. In this last episode for 2020, Alex encourages you to donate to a charity he deeply cares about. Key Takeaways: Happy New Year everyone!!! Alex is so grateful for 2020. You are blessed to live another year. Have you taken time to reflect on your year and what you hope to achieve for the new year? Ideas are everywhere, but the real trick is execution. How did the single family vs. multi family debate get started? If you think something has legs, just act on it! Do it! Forget perfection. Alex shares why he's so passionate about the charity We Are Graces. Please consider donating! Alex will be hosting and moderating a third debate. MENTIONED IN THIS EPISODE: Wearegraces.org Reidebate.com πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. .. TWEETABLES: "Ideas are plentiful. Execution is scarce." "Done is the new perfect. Let's just get the ball rolling." "If you have an idea that you think has legs, just act on it, just do it." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 28, 2020 β€’ 50min

EP478: Stefanie Peters, The Lady Boss, Shares a Powerful Message on "Firing Your Fear"

Stefanie Peters is the best-selling author of, "Unleash Your Lady Boss" & host of The Boss Life Podcast. She has relentless passion, and a mountain of resources to help you pursue your God-given potential. Stefanie shares how 2020 has both been the best year of her life, and also the worst, and she shares how everyone needs to build a habit of 'firing your fears'. Do not let your self-doubt control you from achieving your dreams! Key Takeaways: Stefanie shares a bit about her background and journey. How did Stefanie find her life mission? Stefanie shares her strategy to overcome doubt and fear. Don't die with regrets. When should go all in vs. take calculated risks? If you don't take the leap or the risks, you'll just get caught in the hamster wheel. When Stefanie knew what she wanted, she started networking with her community, hard. How did Stefanie get into speaking? Stefanie shares a client success story she received just from doing a podcast interview. What is your fear costing you? Sometimes we forget the beautiful gifts that we can give other people. If there's something you really want, you have to make short term sacrifices for the long term gain. What kind of setbacks has Stefanie faced in 2020? Either you win or you learn. Remember: No amount of money is worth a piece of your soul. What are you tolerating that's no longer solving your higher good? You have got what it takes to succeed. What advice would Stefanie give to her younger self? MENTIONED IN THIS EPISODE: Connect with Stefanie: Thebosslife.tv & Instagram ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: πŸ”Š LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts β–ΆοΈŽ http://www.flipempire.com/podcast πŸ“Ί SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW β–ΆοΈŽ https://www.youtube.com/alexpardo πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. . TWEETABLES: "God can't drive a parked car. Just go in a direction. When you take that first step, things start to line up.'" "Doubt is normal but staying in doubt is a choice." "That one thing you put out into the marketplace, if it makes a difference in one person's life, to me, that's what's it' all about." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 24, 2020 β€’ 16min

EP477: The MIRACLE MORNING - Alex Shares his Unfiltered Thoughts

Alex is currently loving The Miracle Morning and shares what he's learned about it so far. Over the years, Alex has experimented with a variety of morning routines before he stumbled upon the Miracle Morning. Every successful person on this planet works on their mindset and develops consistent habits to help them achieve their goals! Key Takeaways: Alex is super excited for 2021! He hopes you're spending some time reflecting on how this year has been and how you will show up for the new year. Our outer world is a reflection of our inner world. Personal development has to be part of your daily routine. Alex has experimented with different morning rituals throughout the years. Not everyone has the same morning routine. It's very unique to you. The creator of The Miracle Morning, Hal Elrod, has such an inspiring story. What is the Life S.A.V.E.R.S. routine all about? Alex admits he's been very inconsistent about journaling. You will see the benefits of practicing the SAVERS method. The Miracle Morning Movie had Alex in tears. We are not given things we can't handle. Whatever challenge you have going on right now, you've got this. MENTIONED IN THIS EPISODE: Recommended Book(s) & Resources: The Miracle Morning, by Hal Elrod πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. .. TWEETABLES: "Who do you need to become? Who do you need to be? Visualize it as if it's already happened." "If you don't have a morning ritual and you wake up feeling dread, it's impacting your life whether you know it or not." "Set your clock 30 mins early and pick to do one of the routines in SAVERS." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 21, 2020 β€’ 56min

EP476: Solve the Person Before You Try to Solve the Deal - A Unique Approach to Marketing & Sales by the Thoughtful Real Estate Entrepreneur

Jeff Stephens, also known as the thoughtful real estate investor, has been an investor since 2013. He ran a marketing agency for 10 years prior to that and his approach to sales and marketing is something you have likely never heard before! How do you bring intentionality into your marketing so that people aren't stressed out or playing on the defense when they talk to you? Jeff shares his perspective on this week's episode. Key Takeaways: What does it mean to be a 'thoughtful real estate entrepreneur'? What does Jeff's business look like today? Someone came to Jeff's house and told him that he was sleazy for being in wholesaling. It rattled him for years. Why did Jeff feel sleazy in the work that he was doing? If you feel ashamed about doing something, that's a problem. For everybody, there's going to be a balance between what works and what feels right. What is Jeff's long term vision when it comes to rental properties? How do you get out of the rat race of wholesaling? Jeff gets concerned when he hears people saying they're a wholesaler! A wholesaler needs to have more offers on the table for their customer. What marketing channel has Jeff been using lately? Jeff approaches Direct Mail Marketing differently than most other investors. Learn how in this episode! You need your leads to be quality leads, which means your method of how to do that should also be of quality. Your mailing and marketing pieces need to stand out. If everyone is doing what you're doing, how are you unique? What do you want the customer to feel when they receive your postcard or marketing piece? How can you make your marketing pieces more relatable? Sellers don't always see what they have as a problem. So how do you write a marketing message that talks to them as a peer? What does Jeff look for when he's on the phone with a seller? Jeff approaches the conversation in a completely different way. What is a negotiation really? Jeff explains. Is it exhausting to be 'thoughtful' every minute of the day? How does Jeff train his approach to his staff? Biggest mistake in Jeff's business? MENTIONED IN THIS EPISODE: Connect with Jeff: http://www.thoughtfulre.com Who Is Greg Pinneo? RECOMMENDED RESOURCE: Free Training: The Step-by-Step Guide to Buying Your First or Next Rental Property (Without Relying on a Lender to Approve You for a Loan) Rehab Estimator Pro Software: Calculate Rehab Repairs with Ease, Determine ARV, and Make Offers with Confidence! ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: πŸ”Š LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts β–ΆοΈŽ http://www.flipempire.com/podcast πŸ“Ί SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW β–ΆοΈŽ https://www.youtube.com/alexpardo πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. . TWEETABLES: "Who you really are will override those things that don't make you feel good. Your heart will override your brain, even if your brain is saying 'do these tactical things.'" "We have to become aware of all the assumptions we're making as we create the marketing and very consciously remove all of those." "You have to solve the person before you can solve the deal." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 17, 2020 β€’ 13min

EP475: Without a Plan, Everything Looks Like an Opportunity

Alex is stepping into new territory right now as he explores and learns more about self-storage. In order for him to lessen his mistakes and pitfalls, he's hired a coach to help him shortcut his success. He shares a little bit about how you can achieve success no matter the goal you're trying to pursue. Key Takeaways: Real success doesn't come doing what's natural. Alex is spending the news years in Tennessee with his family! When you wake up in the morning, what is the problem you're looking forward to solving? Sometimes we have to hit the pause button to gain clarity. Don't just let life dictate your path. Find clarity and be intentional! Not happy with where you are financially? Alex shares what you need to do in this episode… Alex has taken a deep dive into the self-storage asset class and set a goal to acquire his first facility by May 2021. Alex shares a story of a distressed seller, and the key lessons learned. Coaches help you shortcut your success. You are built to achieve great things in your life! Grow from the setbacks, don't let them hold you back! MENTIONED IN THIS EPISODE: πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. .. TWEETABLES: "Unhappiness is not knowing what we want and killing ourselves to get it." - Don Herold "If you don't have clarity, if you don't know where you're going, you're going to let the wind of life just take you." "You deserve extraordinary success just as much as anyone and you don't need anyone's permission to start living life on your own terms." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 14, 2020 β€’ 45min

EP474: Matt Hedstrom Breaks Down the Fix & Flip Game, & Shares Common Mistakes that are Preventing You from Maximizing Profits

Matt Hedstrom has been a general contractor, turned investor, for the last 24 years and he shares the insider secrets you wished you had known sooner about fixing and flipping. Contractors can smell a new investor from miles away, and they're going to do everything they can to make their money. Matt shares some of the common things you have to be aware of before you get into the rehab game! Key Takeaways: Who is Matt and how did he get started in real estate? You can't build an empire until you know your numbers first. Why do people screw up their numbers when it comes to this business? How do you navigate the market prices in big cities like New York or California? When you're doing flips, you are usually hiring C contractors. Matt explains what he means. How can investors not get eaten alive by their contractor? Matt has an amazing software right now that helps you estimate your repair costs. Alex made some huge mistakes when he got into his first rehab project. He learned some painful lessons. What's the best way to learn your numbers and to learn about this industry? Take your mentors or experienced investors out to a nice lunch. You gotta get out there and have discussions with people and talk. People often always end up spending more than what they estimated. How can you prevent that from happening? You're managing people. That's the hardest part of this business. Why is now the best time to get into the fix and flip business? What do you do if you know you're going to go over on a project? Really take time to reflect on the different aspects of the project and what's going well before you move on to your next fix and flip. Matt shares how he prepares for a fix and flip job beforehand. How has Matt had to adjust his strategy now that we're living in times of Covid? What has been Matt's biggest project horror story? Communication is KEY in this business. It's absolutely key. Why is Rehab Estimator Pro such a good tool? MENTIONED IN THIS EPISODE: Connect with Matt on Facebook RECOMMENDED RESOURCE: Rehab Estimator Pro Software: Calculate Rehab Repairs with Ease, Determine ARV, and Make Offers with Confidence! ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: πŸ”Š LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts β–ΆοΈŽ http://www.flipempire.com/podcast πŸ“Ί SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW β–ΆοΈŽ https://www.youtube.com/alexpardo πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. . TWEETABLES: "You can absolutely do deals virtually. Point blank. I wasn't a believer out the gate, and it's been a major mindset shift." "If they say no, they're not interested. Group them not interested, but you have to call that group every quarter.." "You got to sharpen your skill set, be stronger, and challenge yourself." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 10, 2020 β€’ 15min

EP473: Revealing the Next Phase of My Entrepreneurial Journey (& I'm Pumped to Share this with You!)

Alex left his wholesaling business earlier this year and took some time off to figure out what would be his next pivot. After taking some time off, reflecting, praying, etc., Alex shares his thoughts and his commitments on his next phase of entrepreneurial life. Key Takeaways: At the beginning of the year, Alex decided to transition out of his business despite being in the industry for 15 years (check out Episode 429 below)! Alex's coach told him to take some time off and really reflect on what he wants to do before jumping in to the next thing. Alex is so glad he did because something really clicked for him in November! Right now, Alex is fully committed to buying his first storage facility in the next six months. Keep Alex accountability! He shares his plans for the future. Surprisingly, technology in this industry can do a lot of the heavy lifting and it doesn't require a lot of team members. Alex thinks there will be a shift in the market and wants to be prepared. Alex is super excited to do something new! MENTIONED IN THIS EPISODE: Episode 429: Alex is Exiting the Wholesaling Business (and Shares a Message You Need to Hear)! ASCEND: πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. .. TWEETABLES: "Something shifted and clicked in november where this is a business that just fits my vision and it doesn't require a big team." "From the research I did, storage units were a commercial asset class that performed the best in the downturn." "I believe we're headed in a shift in the market. I don't say that to scare you. In fact, be excited by the opportunity that brings." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 7, 2020 β€’ 57min

EP472: Brandon Barnes Reveals his Step-by-Step Approach to Remote Wholesaling

Brandon Barnes started his real estate journey in 2016 after being fired from his job. Brandon also currently runs REILIVE in Atlanta. Within a short 4-5 years, Brandon is now running a successful company without his day-to-day involvement and pulls back the curtain on how he makes his operation work, the staff he has on his team, and so much more. Key Takeaways: How did Brandon get started in real estate? After Brandon got fired. He didn't know what he'd do. What was the biggest challenge Brandon faced when it came from being an employee to becoming an entrepreneur? More wealthy people are building their wealth through real estate than anything else out there. What's the difference between wholesaling and virtual wholesaling? This is a numbers game and sales is a contact sport. What's Brandon's process when it comes to sending out offers? How does Brandon navigate sellers who are asking way above market price? Alex shares how he price anchors a potential seller. If there's no pain, there's no sale. What are Brandon's KPIs? Brandon shares what kind of results his cold caller has been getting. How does Brandon manage his leads and not burn through them as quickly/get the best results available? Robo blocking technologies are getting better and better. What should you do? You have to always adapt and expand your marketing and not rely just on one thing. What's Brandon's follow up process? They're not interested? No problem. Whatever you do, don't burn those leads. Even if they're not interested, tell them about your referral program. Brandon didn't want to do videos at first, but it helped him get out of his comfort zone. MENTIONED IN THIS EPISODE: Connect with Brandon: Sendmoreoffers.com & Instagram RECOMMENDED RESOURCE: All-In-One Real Estate Investor & Wholesaling Software To Help You Scale ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: πŸ”Š LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts β–ΆοΈŽ http://www.flipempire.com/podcast πŸ“Ί SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW β–ΆοΈŽ https://www.youtube.com/alexpardo πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. . TWEETABLES: "You can absolutely do deals virtually. Point blank. I wasn't a believer out the gate, and it's been a major mindset shift." "If they say no, they're not interested. Group them not interested, but you have to call that group every quarter.." "You got to sharpen your skill set, be stronger, and challenge yourself." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Dec 3, 2020 β€’ 14min

EP471: The ONE QUESTION You Must Ask to Achieve Your Desired Outcome

Alex had to challenge his team when certain deadlines were not getting hit. How do you structure your systems and processes so that their desired outcome is inevitable? Ask this to your team and see what creative solutions they come up with. Key Takeaways: When you're getting started, it's all about marketing. Last year, Alex had a meeting with his staff about marketing. They had a direct-mail campaign that didn't go out the door on top and it set the team back by a week. Alex asked a question to the team that made everyone take a step back and think on how to best achieve this. The simplest answers are often the best one. How did Alex and his team figure out a solution where their mailings will always go out on time? Because Alex was able to make a commitment with his mailers, he got a discount with his fulfillment center! Where can you delegate and automate things so that your success is inevitable? What are you lacking consistency on right now? MENTIONED IN THIS EPISODE: Take Your Life & Business to New Heights with the Flip Empire Experience in the Florida Keys ASCEND: πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ πŸ’» Access to Online Course: 5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less): http://www.flipempire.com WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. .. TWEETABLES: "How do we make it so our desired outcome is inevitable and it can't fail?" "Sometimes we tend to overcomplicate things, but the simplest answers are usually the best ones." "From our pain points and our challenges, when you ask questions to solve them, sometimes blessings and good things happen." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!
undefined
Nov 30, 2020 β€’ 1h 3min

EP470: The Power of Creative Deal Structuring - Case Studies by Kari Lyke

Kari Lyke was working as a physical therapist and taking her work home. She had no extra time for herself and she was living paycheck to paycheck! She knew that if she wanted to get out of the rat race, she had to get into real estate. Fast forward 6 months later and she completely replaced her salary while working less hours and with a baby in tow! Today, Kari's been in her business for nearly 8 years and does a variety of creative deal structuring where she puts zero of her money down. Find out how on this week's episode! Key Takeaways: Kari is getting ready to launch her podcast (The Investor Warrior)! Stay tuned! Who is Kari and how did she get into real estate? When Kari got started, she had terrible credit, couldn't qualify for a loan, and she had no cash. Find out how Kari replaced her salary within six months (and with a baby on her hip)! Kari ended up turning down a $20k deal from another wholesaler when she was first starting out. She was intentional by doing this. Kari had very big goals of doing two house flips, two wholesales, and two long term rentals, How did she achieve this? Deep down inside, Kari didn't want people to answer the phone. After working through this fear and having a mindset shift, she ended up getting really fantastic deals in a very competitive market. Alex can relate to this story because when he started door knocking, he prayed no one would answer. After week three, he changed his mindset and broke through a new barrier. What does Kari's business look like today? Kari and her son ended up getting a mold toxicity and she needed to take a step back to take care of her health. Our health can be compromised at any point, so make sure you prioritize it. Kari shares a recent client case study and how she used creative deal structuring for this deal. Why did Kari decide to flip this instead of wholesaling? Kari did all the renovations that she needed to do from the comfort of her own home! She only went to the house three times. Kari partnered with three people on this deal and only worked 10 hours on the project. It's huge having a good and long standing relationships with your contractors and title companies. Kari throws an appreciation party every year for her power team. Roughly 70 people are on that list and they are all responsible for making Kari's business happen. Kari also does this with her tenants! She sends out Christmas cards to let them know they're appreciated. Kari shares another case study where she used seller financing. What does 'first right of refusal' mean? What's Kari's podcast going to be about? MENTIONED IN THIS EPISODE: Connect with Kari: Karibuyshouses & Instagram ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: πŸ”Š LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts β–ΆοΈŽ http://www.flipempire.com/podcast πŸ“Ί SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW β–ΆοΈŽ https://www.youtube.com/alexpardo πŸš€ How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today β–ΆοΈŽ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: β˜… INSTAGRAM β†’ http://instagram.com/alexpardo25 β˜… FACEBOOK β†’ https://www.facebook.com/alexpardo15 β˜… LINKEDIN β†’ https://www.linkedin.com/in/alex-pardoβ˜… YOUTUBE β†’ https://www.youtube.com/alexpardo. . TWEETABLES: "It doesn't matter how (you'll achieve your goals) if your why is strong enough." "I think a lot of people tend to put their head down when it comes to business and they're not looking around at all the other things going on." "There's so much information out there. You can find it for free, but not everyone is going to implement it." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app