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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 29, 2022
Tuesday Mar 29, 2022
This Tuesday we will share the three main reasons why we never make offers. We’ll also talk about what realtors need to understand about buying a house, and who actually wins the deal in the real estate business.
What We Cover:
- Deal of the Day
- Are successful people successful because they are cutting corners?
- What you believe about you has everything to do with how you make deals
- No process is foolproof and what to do about it
- How to gauge the motivation of the sellers
- The three key reasons why we don’t make offers
At the end of the day, it’s all about finding a standard process that works for you, sticking with it and getting better at it. We don't want to take away the motivation from the seller. Let them tell you what they will take for the house and just stay focused on your process.
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 https://www.facebook.com/groups/3083532848354005
- Website https://www.bradsmotherman.com
Tuesday Mar 22, 2022
Tuesday Mar 22, 2022
In this edition of Tuesday Morning Coffee with Brad and Tony, we discuss using real estate leverage to create wealth, and how having the right value perspectives around money can help you create an impact beyond your needs.
What We Cover:
- Deal of the Day
- Why virtual buying and PPC marketing in real estate can be daunting but also effective
- How to approach dealing with motivated sellers
- The 4S of business motivation
- How your goals can change your perspective on cash
If we accept that the purpose of any business should be value creation for the owner, at the end of the day, it is you alone who has the freedom to define value creation of your business for your desired specific values.
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 https://www.facebook.com/groups/3083532848354005
- Website https://www.bradsmotherman.com
Tuesday Mar 15, 2022
Tuesday Mar 15, 2022
Today we discuss the value of staying the course with your real estate investing business. Execution is about the discipline to practice your predefined strategy and implementation process. Whether you’re generating or nurturing leads, your motivation should always be accompanied by habits and optimized systems that keep you going even when times get rough and real estate markets go crazy.
What We Cover:
- Deal of the Day
- Success requires persistence to stay on the course
- If you have established a working system, trust that things are going to work if you give it enough time
- Why there is a lack of resources that teach creative financing
- The fear of failure as the biggest reason not to start something
- How incremental improvements over time become exponential
- Why tacit approval is a lie and the value of surrounding yourself with a peer group that will help you grow
- You can’t take advice from people that aren’t where you want to be
There are exponential benefits to staying the course. If you learn to focus on the quality and quantity of effort you are putting in, like attending training, keeping your skills current and learning about latest real estate market trends, you will reap the rewards if you can hold on to your path. Anybody can give you the tools but the willingness to stay the course is up to you. Stay curious and keep learning!
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 https://www.facebook.com/groups/3083532848354005
- Website https://www.bradsmotherman.com
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!!