I get a LOT of requests to do real estate podcasts, and while I’d love to do them all, the truth is I’m tremendously introverted and talking about myself for 30 or 60 minutes isn’t fun for me. So, I tend to be pretty picky about which ones I do.
Joe Fairless has a great podcast and the best part about it is that he likes to get to the point — every episode is focused on getting some basic information from his guests. The main piece of information he’s looking for is, “What is your best piece of real estate investing advice?” I love that format, and I especially love that I didn’t have to figure out what to talk about for an hour… 🙂
Anyway, Joe just released my episode of his podcast, and while I probably won’t listen to it (I hate listening to myself), I hope you’ll check it out. If it’s half as good as his other episodes, I have a feeling you’ll enjoy it…
JF217: You Only Have ONE Chance to Make a Good Flippin’ Impression
Want to check out more of Joe’s previous great episodes and awesome guests? Check them out here…
Let me know what you think…and if you think I should be doing more of these things???
I enjoyed the podcast and will be ordering “The Goal”.
And good to see the blog is back!
Great interview J!
I like how your poker claim to fame was mentioned; it shows not all investors are just about numbers and talking about real estate all the time. 🙂
Best of luck on your land development plans. Looking forward to hearing more about it!
Absolutely fantastic interview! Many other interviews just don’t get into the level of detail that you provide and for that, thank you! So many great tips in this one. I’m an engineer as well and hope to take that leap one day as well.
Hi J, great interview!
Good points about not getting bogged down in the little details that don’t matter – coming up with the right business name, registering an LLC, etc. I’ve seen those things hold a lot of people back too.
I thought the advice about focusing on what makes the most money is excellent. Many investors try to do things they should be hiring someone else to do. Besides being a waste of your own time and not a good investment, another down side of doing that is that often the end result is not as good.
As a simple example, just about anybody can paint a wall, but somebody who does it for a living will probably have cleaner lines and know tricks to get the job done more efficiently. It will often end up looking better if a professional does it. Since I build websites for investors, I’ve seen lots of do-it-yourself investor websites. It may save money, but the cost is actually greater. You can go to someone that does that as their business and have a site up and running the same day, or you can try to do it yourself and spend days, weeks, maybe months working on it and still have a lousy end result.
Anyway, really nice job! There were lots of great nuggets people can take away from that.
Todd
Thank you for sharing, great interview!
Awesome podcast. Thanks for sharing such valuable information. It is much appreciated!
Great, podcast, I love the amount of detail that was provided! I’ll have to share this with some of my buddies!
Fantasitc Pod Cast. Thanks for taking the time.
I’m a big fan of the best ever podcast. Lots of great info and best of all they are normally only about 20-30mins each! Perfect for when driving in between appointments and meetings. I’m a big fan of this podcast for real estate investors for sure!!
Ha! Im introverted too but I can talk to myself for hours and hours.
Hi J,
I’ve heard a few of your podcast and read your new book on rehabbing costs. You share a lot of great information. When you first started flipping houses did your wife have her real estate license? 9% is a lot to give away when flipping. Especially, since I am using OPM. My profit if I can even hit that $20,000 mark on a $150,000 sell isn’t going to be much. Should I wait and get my license? I work 60 hours a week and have 4 kids.
Hey Tim –
Yes, I’m a big fan of getting your real estate license. I discuss this in my book, “The Book on Flipping Houses.” You can already read this:
https://www.biggerpockets.com/blog/2010/02/24/should-you-get-your-real-estate-license-investors/