Listen "Episode 3: Be Someone Podcast with Michael Hoang: How REAL ESTATE Saved Jeremy's Life after Tragedy"
Episode Synopsis
In this episode of the Be Someone Podcast, Michael Hoang and Jeremy Davis discuss Jeremy's transformative journey from being a paramedic to a successful real estate investor. They explore the challenges faced in the real estate market, the importance of direct-to-seller marketing, and the power of creative financing. Jeremy shares his experiences with private money partners and hard money lenders, emphasizing the significance of building relationships and networking in the industry. The conversation highlights actionable strategies for aspiring investors and the evolving landscape of real estate investment. In this conversation, Jeremy Davis shares his insights on private money lending, the value of hard money lenders, and the risks associated with private money. He discusses the regulatory changes affecting cold calling and marketing strategies, emphasizing the shift towards inbound marketing. Jeremy also highlights the importance of KPIs for success in real estate, the dynamics of closing deals, and the significance of filing memos. He reflects on the emotional income derived from helping others and shares impactful books that have influenced his journey. Finally, he invites the audience to join his community and collaborate on creative deals.TAKEAWAYS:The people you surround yourself with can change your life.Transitioning from a stable job to real estate can be daunting but rewarding.Creative finance opens doors to opportunities that traditional methods may not.Direct-to-seller marketing is crucial for finding the best deals.Building relationships in real estate can lead to significant advantages.Understanding the market dynamics is essential for success in real estate.Private money partnerships can be beneficial but require careful structuring.Hard money lenders can provide quick funding but come with their own set of challenges.Networking and community involvement can enhance your real estate journey.Always be prepared to adapt your strategies based on market conditions. Private money lending can be risky without proper security.Hard money lenders provide valuable oversight for new investors.High returns promised by private money lenders often come with risks.Regulatory changes have made cold calling and SMS marketing more challenging.Inbound marketing strategies are becoming more popular than cold calling.Niche data can still yield successful leads for new investors.CHAPTERS:00:00 From Paramedic to Real Estate Entrepreneur06:23 The Impact of COVID-19 on Career Choices12:23 Navigating the Real Estate Market: Challenges and Strategies18:22 Direct to Seller Marketing: A Game Changer24:24 First Deal: Lessons from Gary, Indiana29:03 Navigating Property Ownership Challenges30:12 Scaling Through Marketing Investments31:11 Transitioning to Coaching and Ethical Considerations33:14 Building Relationships for Deal Flow36:32 Creative Financing Strategies in Real Estate40:41 Understanding Private Money Partnerships54:17 Adapting to New Regulations in Cold Calling58:13 Shifting Marketing Strategies: From Outbound to Inbound01:04:33 Maximizing PPC for Real Estate Success01:05:23 Understanding KPIs for New Investors01:07:17 Scaling Marketing Budgets Effectively01:09:14 Evaluating Lead Generation Strategies01:11:06 Key Performance Indicators in Real Estate01:12:37 Navigating Seller Relationships and Contracts01:14:54 The Importance of Filing Memos01:18:00 Finding End Buyers in Real Estate01:21:14 The Emotional Impact of Real Estate01:27:13 Books That Transform Your Business01:31:50 Giving Back to the CommunityHow to Get in touched with Jeremy Davis:The RePlay community on DiscordIG: @thejeremydavis If you want to talk about deals or if you have deals in Houston area, DM Michael Hoang on his Instagram: @michaelbesomeone or shoot him a message at 832-301-9672 (text first before calling)
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