151.4K
Downloads
148
Episodes
Brad Smotherman, a multiple 7 figure house flipper, shows you how to market for houses, negotiate, structure your deals, and fund your deals so that you can create a high 6 figure or 7 figure house flipping business, without sacrificing your freedom.
Episodes
Tuesday Mar 08, 2022
Tuesday Mar 08, 2022
In this edition of Tuesday Morning Coffee, Brad and Tony discuss the importance of maintaining the right context in your real estate decision making and the goals you set for yourself as an investor.
What We Cover:
- Deal of the Day
- What it means to maintain context in real estate investment decision-making
- The primary purpose of accountability calls and sticking to the script
- The symbiotic relationship between being an explorer and a settler in the property business and the good conflict that arises out of it
- How not to lose context of what the goal is and dealing with the challenges of fulfillment
- Everything is driven by a system, system brings certainty, and certainty brings power
The skill of maintaining the context, which is the ability to see a thing or a situation from different perspectives, is valuable especially in an extremely competitive market like real estate. Having a system and creating habits helps a lot to create stability, which in turn enables you to see your goals and your business in the right context.
Email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.
Resources:
- Join The Investor Creator Community
- Website https://www.bradsmotherman.com
Tuesday Mar 01, 2022
Tuesday Mar 01, 2022
Today, we discuss the latest news from the property market, how the events in the world impact real estate values and what you can do to stay on top of the investing game.
What We Cover:
- The record rise in house prices over the last year
- What CPI - Consumer Price Index is telling us
- How the Ukraine situation may impact real estate markets in the US
- How to prepare for the market correction when it comes
- The current difficulties in real estate market supply
- The importance of understanding deal structure
As Tony says, remember that new normals are temporary, they function in seasons. If you have a model that you can play in market correction, you'll be able to navigate current and future situations and not feel threatened by either bull or bear market in property.
If you have a question you’d like answered on one of the following Tuesdays, reach out at support@bradsmotherman.com
Resources:
- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005
- Brad Smotherman website https://www.bradsmotherman.com/
Tuesday Feb 22, 2022
Tuesday Feb 22, 2022
Welcome to the first edition of Tuesday Morning Coffee series!
Today, Brad Smotherman and Tony Woodall sit down and chat about some of the deals they closed, they go over the Deal of the Day, digital marketing results, and most importantly, the mindset piece when searching for new deals.
There’s much more opportunity in the market than people think. Tune in and learn how to make most out of the current real estate market situation.
What Is Covered:
- Tony’s background and how he met Brad and started in real estate
- How Tony closed his first deal
- Deal of the Day
- Our digital marketing breakdown for this month
- Different ways to find deals without big marketing
- The importance of mindset in real estate investing business
- The anecdote with an old lady and why we decided to lose that deal
- How we do triage in our business frame
- How to use your time wisely to find more deals
If you have a question you’d like answered on one of the following Tuesdays, reach out at support@bradsmotherman.com
Resources:
- John Jones: Lessons from 28 Years in Real Estate https://makinginvestor.podbean.com/e/john-jones-lessons-from-28-years-in-real-estate/
- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005
- Brad Smotherman website https://www.bradsmotherman.com/
Thursday Feb 17, 2022
Thursday Feb 17, 2022
A couple of years ago, we had an episode about dealing with divorce as one of the five big motivators that we see in deal flows.
This time we're taking a lighter tone and talking about the best way of working with your spouse.
My guest is my wife Casey, who joined me in business a couple of years ago. We are sharing our experiences of working together, the best parts, the challenging parts, and most importantly, advice for those who may be running into one of the biggest business roadblocks - an unsupportive spouse.
What We Cover:
- What made Casey transition from teaching into real estate
- The concerns Casey and Brad had before starting to work together
- How spouses can prevent their business to take over their marriage
- The importance of setting common goals for business and life
- The best and the worst parts of working together
- What to do if you are starting out in business and you have an unsupportive spouse
Not every couple needs to work together, and that is perfectly fine. However, if you decide to work with your spouse, be ready to commit to common goals so you can thrive in business and stay married. If you are dealing with an unsupportive spouse, often the turning point is closing your first deal. But if the lack of support persists, you'll need to make a decision on how far you will take it and what that commitment is.
Resources:
- Dealing with Divorce https://makingInvestor.podbean.com/e/dealing-with-divorce-1580485822/
- Interested in becoming a real estate investor? Ask for more information about Brad Smotherman's apprenticeship group at support@bradsmotherman.com
- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005
Wednesday Feb 16, 2022
Wednesday Feb 16, 2022
What is the best way of working with your spouse? How to handle an unsupportive spouse when you are starting out in the property business? Stay tuned and find out from Brad and Casey Smotherman.
Thursday Oct 21, 2021
Thursday Oct 21, 2021
John Jones has 28 years of experience in real estate, in land development, construction, rentals and commercial estate. He is the owner of John Jones Real Estate LLC, based in Murfreesboro, Rutherford County TN. A real estate innovator both locally and nationally, John and his team continue to perennially set production records, with 560 units sold and over $185,000,000 in volume in 2020. He is also an avid football fan and a very involved family man.
In this episode he shares how he got through The Great Recession and what lessons he learned about the market, about running a real estate business, dealing with banks and the current housing crisis. Enjoy!
What We Cover:
- The current state of the real estate market and the roots of the housing crisis
- How John became a realtor and how he got his first deal as a buyer
- When he noticed things were not going well
- What 2008 recession taught him about risk management
- Why he didn't declare bankruptcy and how he fulfilled his financial obligations
- When things started to get better and how he changed the way he worked to protect his business in the future
- What John's favorite class of assets is and why
- What he hopes to accomplish in the next ten years
Resources:
- John Jones Real Estate LLC https://www.murfreesborohomesonline.com/
Interested in becoming a real estate investor? Sign up of Brad Smotherman's apprenticeship group at support@bradsmotherman.com
Wednesday Oct 20, 2021
Wednesday Oct 20, 2021
John Jones is a 28-year veteran in real estate with experience in land development, construction, rentals and commercial estate. Stay tuned for the nuggets of wisdom he shares with us about surviving The Great Recession, and navigating his way through the current market and into the future.
FULL EPISODE COMING SOON!!
Wednesday Oct 13, 2021
Wednesday Oct 13, 2021
David Richter is a fractional CFO helping people in the real estate industry to understand the numbers, growth, profit and cash flow in order to effectively scale their businesses. David's book "Profit First for Real Estate Investors" is coming out soon and it is based on the Profit First concept by Mike Michalowicz. In this episode David explains how to apply the Profit First concept to the specifics of real estate investing. He also gives us one key takeaway to help you build a more profitable business than it is today.
What We Cover:
- The burning need for entrepreneurs to get more clarity on the numbers in their business
- What is Profit First for Real Estate Investors
- The three types of accounts every real estate investor should have
- How to apply Profit First when you want to scale your business
- What investors should do with excess cash they generate
- The difference between creating wealth and keeping wealth
- How your real estate investing business can become your asset
Resources:
- Profit First for Real Estate Investors https://profitfirstrei.com/
- Simple CFO Solutions https://simplecfosolutions.com/
- "Profit First: Transform Your Business from a Cash-Eating Monster to Money-Making Machine" by Mike Michalowitz https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making-ebook/dp/B01HCGYTH4
- "Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money that the Poor and Middle Class do not" by Robert Kiyosaki https://www.amazon.com/Rich-Dad-Poor-Teach-Middle-ebook/dp/B07C7M8SX9/
- "Exit Rich: The 6 P Method to Sell Your Business for Huge Profit" by Michelle Seiler Tucker https://www.amazon.com/Exit-Rich-Method-Business-Profit-ebook/dp/B08PCK7PMK/
- "Secrets of Sand Hill Road: Venture Capital - And How to Get it" by Scott Kupor https://www.amazon.com/Secrets-Sand-Hill-Road-Capital-ebook/dp/B07KLJQ13R/
Interested in becoming a real estate investor? Sign up of Brad Smotherman's apprenticeship group at support@bradsmotherman.com
Monday Oct 11, 2021
Monday Oct 11, 2021
If you are trying to scale your real estate investing business, stay tuned for this episode! David Richter from Simple CFO Solutions talks about the Profit First concept for real estate investors, and gives one key takeaway to help you build a more profitable business than it is today. Full interview coming up tomorrow!
Friday Oct 01, 2021
Friday Oct 01, 2021
I'm excited to welcome Justin Rogers to the show, a 10-year veteran in investing and a member of my apprenticeship group for 2 years. We are diving deep into Justin's meteoric rise from making 15-25k per flip to his first six-figure deal using our system and scaling to 7-figure business.
What is Covered:
- What has changed in the real estate market since 2012
- How Justin got started with investing after a career in entertainment
- How he made his first 500k deal
- The toughest part of transitioning from solopreneurship to investing business
- How marketing became a gamechanger in Justin's business
- Justin's most memorable deal to date
Justin honestly shares his fears and struggles, from the lack of self-belief and belief in group programs, to juggling his family life and working life at the beginning of his journey. It's humbling for me to witness the success he has made within this program.
If you want to be a part of our apprenticeship group and experience the growth Justin had, shoot us an email at support@bradsmotherman.com