Property Prophets

For a unique one-on-one session where we dive into a real-life story from the real estate trenches. Today, I'm joined by a seller we're helping, who shares his journey of overcoming financial distress through innovative real estate solutions.🏠 We’ll explore how understanding and addressing a seller's immediate needs can lead to effective and empathetic deal-making. This episode is packed with insights on creative deal structuring and the human aspect of real estate transactions.🎧 Tune in to learn how to navigate complex deals with empathy and precision, and see real estate investment from a new perspective.🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

In this episode of the Property Prophets podcast, host Travis Wells has an in-depth conversation with Marc Ruiz, a seasoned real estate entrepreneur based in Tulsa, Oklahoma. Marc has carved a niche in the affordable housing sector and is extensively involved in new construction duplexes, flipping, wholesaling, and managing a significant portfolio that includes mobile home parks and small multifamily units.Summary:Marc shares his journey from starting in real estate at 22 with no money, inspired by an infomercial, to becoming a highly integrated real estate developer and investor. He discusses his strategic shift to building new construction duplexes in the affordable housing segment and managing them through his vertically integrated companies. Marc emphasizes the importance of continuous learning and taking massive action as key components of his success. His story is a testament to resilience, adaptability, and the entrepreneurial spirit in the real estate industry.Show Notes:Introduction to Marc Ruiz: Overview of Marc's extensive involvement in various aspects of real estate, including his start and evolution in the industry.Affordable Housing Focus: Insights into Marc's focus on affordable housing and his approach to providing turnkey solutions in this sector.Vertical Integration in Real Estate: Discussion on how owning multiple facets of the real estate process, from property management to construction, enhances efficiency and control.Challenges and Opportunities: Marc shares the challenges he faced during the 2008 financial crisis and how he adapted his business model in response to market changes.Insights into Mobile Home Parks: Exploration of his investment in mobile home parks, including the learning curves and financial dynamics of this unique real estate niche.Educational and Mentorship Roles: Marc stresses the importance of education and mentorship in real estate, reflecting on his own experiences with various real estate education programs and masterminds.Advice for Aspiring Investors: Marc offers advice for new investors, emphasizing the importance of education, finding good mentors, and the willingness to take decisive actions.Connect with Marc: https://www.facebook.com/marc.ruiz.948https://www.facebook.com/ruggedrealestateinvestor🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

Today, we're diving deep into the art of acquisitions in real estate. If you're eyeing those flashy online deal closings and wondering, "How can I do that?"—you're in the right place.🔑 What We'll Cover:Understanding Acquisitions: It’s more than just locking up deals; it’s about convincing sellers to entrust you with their property under favorable terms.The Reality of Dialing: Success in acquisitions isn’t just luck; it requires persistence. A typical day might mean making a hundred calls to land a deal. And that's just the start.Personality Matters: Using tools like the DISC assessment can help identify whether you're naturally suited for acquisitions or dispositions. High 'D' personalities often excel in acquisitions due to their driven nature.🚀 Key Takeaways:Persistence Pays Off: The key to success is consistency. Don’t expect immediate results; be prepared to dial extensively and handle rejections.Understand Your Strengths: Assess whether you have the traits that make a great acquisitions specialist. It could dictate your success rate.Collaborate Smartly: If funds are tight, consider partnering with someone who can finance the marketing while you handle the deal-making. Transparency about your experience level and expectations can forge stronger, more successful partnerships.📞 Call to Action: Are you ready to take your real estate game to the next level? Tune in now to get the full breakdown and start your journey in acquisitions with confidence: [Insert Link]💬 Let’s Connect: Got questions or want a deeper dive into any of the topics covered? DM me or drop a comment here. Your journey to mastering real estate investments starts with one call, and I’m here to guide you every step of the way!🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

What's up, everyone? Thanks for tuning in to another episode of the Property Profits Podcast. Tonight, it’s just you and me, and I’m here to dive deep into a crucial aspect of real estate: handling objections effectively and understanding the seller’s true motivations.🔑 Key Takeaways:Handling Objections: Learn how to confront seller objections head-on. For instance, when discussing seller financing, it's not just about being agreeable; it’s about providing clarity and education to the seller. If they misunderstand the terms, like thinking they’ll be charged interest or fearing loss of control, it’s our job to explain clearly that it’s a contract for deed—ensuring they retain control until fully paid.Understanding Motivations: Discover why it’s vital to ask sellers about their reasons for selling. Knowing the 'why' can reveal the real problems they're facing, allowing us to tailor our solutions effectively and close deals that truly meet their needs.📲 Reach Out: Got questions or want more personalized advice? The best way to reach me is through a DM on Facebook. I check it personally and so does my team, ensuring you get the help you need.Thanks for joining me today! I'm pumped to bring you more valuable content every day. Stay tuned, and let’s keep crushing those real estate goals together!🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

Hey everyone! Travis here, and I’ve just wrapped up another day filled with insights to share with you all on the Property Profits Podcast. 🎙️Today, I'm diving deep into why getting your back office in order is crucial for any real estate entrepreneur. Here’s a sneak peek:🔹 Efficiency is Key: I learned the hard way that keeping a tight ship financially is as important as making the deals. I'll share how transitioning from spreadsheets to a more robust system like QuickBooks and hiring a VA for bookkeeping changed the game for me.🔹 The Role of a Solid Team: From VAs to CFOs, building a strong back office team can transform how you handle everything from daily transactions to strategic financial planning.🔹 ROI Over Doors: Discover why maximizing ROI should be your goal, rather than just accumulating properties. Efficiency isn't just about working harder; it's about working smarter.🔹 Tools and Tips: I’ll give you practical advice on tools and strategies to streamline your operations, ensuring you’re not just successful but also sustainable.🎧 Tune into the full episode to get all the details and practical tips on setting up your real estate investment back office right from the start: [Insert Link]🌟 And don't miss tomorrow’s episode featuring a special guest who will bring even more value to your investment journey!If you're serious about real estate investing, this is one episode you can't afford to miss. Drop your questions or insights below, or share how you’ve managed your back office for success! 👇🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

In this episode of the Property Prophets podcast, host Travis Wells interviews Manny Castillo, a diverse real estate professional based in Augusta, Georgia. Manny shares his journey from initial real estate rentals through more traditional methods to his current ventures in wholesaling, property flipping, and preparing to obtain his broker's license.Summary:Manny discusses the evolution of his career in real estate, starting with buying rentals in less optimal ways, which led him to explore more lucrative aspects of the industry such as wholesaling and creative financing. His real estate activities expanded as he learned from initial mistakes, optimizing his investment strategies to increase profitability. Manny also touches on his future plans to transition into business acquisitions, leveraging his negotiation and market analysis skills to enter a more rewarding field.Connect with Manny:https://www.facebook.com/mannycbuyshouses🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

In today’s episode of the Property Profits Podcast, we delve deep into the world of real estate partnerships. Whether you're just starting out or you're a seasoned investor, understanding the strategic use of partnerships can significantly amplify your success.Key Insights:Forming an Entity: It’s crucial to formalize any partnership with an LLC or similar structure, ensuring everything from responsibilities to profit sharing is clearly laid out.The Power of the Operating Agreement: Before diving into investments, define everything in an operating agreement. This document should outline roles, contributions, and expectations, safeguarding all parties involved.Choosing the Right Partners: Partnerships should be mutually beneficial. Ensure that each partner brings something valuable to the table, be it capital, expertise, or resources.Strategic Partnership Models:I shared a model where I partner with investors on real estate deals that require minimal initial investment but offer significant returns. For instance, involving an entry fee for partnership in a property, splitting subsequent profits, and growing together.The Takeaway:Effective partnerships in real estate aren't just about growing your portfolio; they're about strategically sharing the workload and enhancing your financial outcomes. Remember, the right partnerships can double your revenue potential!Have you ever considered a partnership in real estate? What are your thoughts or concerns about sharing the investment journey? Let’s discuss below! 👇🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

In today's episode, I dive deep into various investment strategies, especially focusing on why BRRRR may not be the best approach right now and what alternatives you might consider. Here’s a snapshot of what we covered:Key Insights:Reconsidering BRRRR: Given the current economic climate and fluctuating interest rates, traditional methods like BRRRR might need a pause. Instead, exploring options like subject-to purchases or seller financing can be more advantageous, especially with their potential for better interest terms.Strategic Property Selection: I’ve been focusing on properties that offer favorable financing conditions, particularly those with potential for low-interest rates in desirable areas. This strategy is crucial in a market where rates are steadily climbing.Quality Over Quantity: A powerful reminder that amassing a large number of properties isn't always the end goal. Opting for fewer properties that yield higher returns can be more beneficial and manageable in the long run.Market Savvy Approaches: I share real-time tactics for selecting properties, including how to assess listings that have lingered on the market as potential subject-to opportunities.We Want to Hear from You:What’s your current investment strategy, and how are you adapting to the changes in the market? Drop your thoughts and questions below, and let’s learn from each other!🌟 If you find value in our discussions, please consider leaving a 5-star review—it helps us reach more listeners like you!🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

Today's episode was a whirlwind of real-world advice and thrilling stories from the front lines of real estate investing! 🌟Key Highlights:Success Stories: A seller reached out after a year, showing how impactful our podcast and social content can be in educating and guiding listeners through complex real estate situations. 🏠💡Marketing Mastery: I shared personal anecdotes about the power of consistent and strategic marketing. Whether it's direct mail or leveraging services like REI print and Lead Zolo, the right approach can bring phenomenal returns. 📬📊Consistency is Key: The takeaway? Consistency in your actions leads to consistency in your success. Whether it’s follow-ups, marketing, or managing leads, staying diligent is crucial. 🎯Innovative Strategies: We also dived into novation agreements and how understanding innovative real estate strategies can unlock new opportunities. 🗝️Got questions or want more insights? DM me - it’s the best way to reach me and get a quick response. 📩Let’s crush it together! Thanks for tuning in, and see you on the next one! 🎉🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

In this episode of the Property Prophets podcast, Travis Wells talks with Steve Trang, a notable figure in the real estate industry known for his expertise in sales training and as the host of the Real Estate Disruptors podcast. Steve shares his journey from reading "Rich Dad Poor Dad" to becoming a successful real estate investor and a sought-after sales coach. He delves into his various endeavors across the real estate spectrum, from wholesaling and wholetailing to founding a bank and investing in apartments through syndication.Steve's narrative is a testament to the power of persistence, adaptability, and continuous learning in the realm of real estate. Starting with a passion ignited by a classic real estate book, Steve navigated through the challenges of being a realtor, investor, and ultimately, a podcaster and sales trainer. He emphasizes the importance of meaningful conversations and being comfortable with rejection as key components of success in sales and real estate investing. Steve also shares insights into the dynamics of running a business, the value of disc assessments in building a sales team, and the strategic approach to investing in apartment syndications.Connect with Steve:https://www.stevetrang.com/🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587