Real Estate Investing For Retirement

Misty and Christopher discuss the recent NAR (National Association of Realtors) lawsuit over inflated commissions.The lawsuit claims that NAR and several large brokerages inflated commissions for sellers and buyers.The verdict can change the way buyer agent commissions are paid and has the possibility to change the way homes are bought and sold.Check out the article used in the episode here: https://www.nar.realtor/breaking-news/update-in-case-of-burnett-v-nar-et-al

Dr. Johnoson Crutchfield was always told growing up, “go to college and get a good job.” He never considered the possibility of owning and running his own business.After college, Dr. Crutchfield started working as a teacher- with no official classroom. He then became principal, and eventually a professor at the University of Mississippi.Dr. Crutchfield started listening to early real estate and money podcasts, but it wasn't until an elder at his church introduced him to real estate investing that he realized this was something he could do for himself and his family.Dr. Crutchfield discusses how he started investing, his first rental property experience, thoughts on education and the investing in hospitality, his challenges, and advice on investing, scaling, and more!Get in contact with Dr. Johnoson Crutchfield at his website: grabthemap.com

Sometimes you have to give something up to go up to get where you want to get in life or business. Misty gave up her hopes of being a stay at home mom to make their brokerage and property management company successful, and Christopher gave up his teenage years to become successful in Jiu-Jitsu and learn business from his mentor. It's not uncommon to have to trade a part of a hope or expectation in order to make your ultimate dream come true. A good balance is key to leveling up in your life and business. Sometimes, it's more the idea of giving something up than the actual action of giving up. In the moment, it's harder to push past the thought of giving it up but it pays off in the long run.

Blake Johnson started his remodeling company, Finishing Touches, almost on a whim. He started cold calling “we buy houses” bandit sign numbers to find homes to remodel. Blake had almost no experience in remodeling before jumping in head first. He learned everything he knows by experiencing it hands first. Blake discusses his time on HGTV's Flip or Flop Fort Worth, scaling his business, memorable and challenging remodels, multifamily experiences, mindset and burnout, and he also gives advice for other business owners.

Agents: is a first time home buyer your target client? Listen to this! Misty and Christopher talk about first time home buyer struggles for agents and their own experiences buying their first houses. Cold feet, handholding and education are just a few struggles you may face as an agent catering to first time home buyers. Don't turn your back to this clientele, just be aware of some obstacles you may face.

Jason Wojo found that having a regular 9-5 job was not for him. He realized that he wanted to be successful without having someone controlling when he works and how he works.Jason met the Founder of Lifeonaire, Tim Cook, by chance and it changed his trajectory. Eventually he ended up becoming a real estate investor and coaching for Lifeonaire.Jason discusses books & courses, Lifeonaire, automation, investments, mindset and advice.

Oxford English Dictionary definition of Bootstrap: to create something using the minimum amount of resources possible.Learning how to bootstrap your business is a very valuable skill that can be learned with time and practice. Every entrepreneur needs to learn how to bootstrap to be able to be self-sustaining. Misty and Christopher discuss how they bootstrapped their business and how they continue to bootstrap, why it's an important skill, and tips and tricks on how you can bootstrap your business as well.

Tyler Hodgson got his start in the mortgage industry almost by accident. He went in to get a mortgage and was denied, but he left with an accounting job instead.Tyler is a United States Marine Corps veteran and has an accounting degree from University of North Texas. After working as the accountant for the mortgage company, he was able to purchase his first house and started his real estate investing career. Tyler eventually got his mortgage license and went all in in the mortgage company. He decided to start his own mortgage company, NXT Mortgage, after closing 12 transactions. Tyler shares his origin story and tips on mortgages, loans, seller concessions, investing strategies, and more in this episode of the podcast!NXT Mortgage: https://www.nxtmortgage.com/

Feeling like you have too many tabs open? Misty and Christopher discuss ways they overcome their overwhelmed feelings to come back stronger.

Zach Coppinger is a long time real estate investor and owns GoodBuy Homes, a cash home buying company. Zach got his interest in real estate investing at a young age. His neighbor growing up was an investor and introduced him to the world of investing. After college, he worked for a fast food franchiser before realizing that fast food wasn't the industry he wanted to be in. Zach later worked for Tim Herriage (Episode 40) and Scott Horne (Episode 15), and learned an infinite amount of knowledge and grew his network of other investors and entrepreneurs. With the skills he learned under Tim and Scott, he branched off and formed his own home buying company, GoodBuy Homes.GoodBuy Homes: https://www.goodbuyhomes.com/

What is the 80/20 rule?The 80/20 rule is when 20% of the work makes up 80% of the results. A lot of people feel like they need to be busy in their business all the time, but this isn't necessarily true.In this episode, Misty and Christopher discuss why the 80/20 rule is important and how they achieve it. They also give advice on how to prioritize your day for success.

Lou Brown is a successful author, real estate entrepreneur, educator and speaker. He has over 40 years in the real estate industry, acquiring his first home at the young age of 18!Lou has over a thousand transactions under his belt- and hasn't used a bank loan for a single one of them! He has been known to be a creative financing genius. His use of trusts for real estate investing is innovative and he shares how he came to realize the full potential of using trusts.Lou Brown shares his origin story, his first house and business, overview of his training programs, advice and much more in this episode!Get in contact with Lou here: https://streetsmartinvestor.com/

Before Bill Barton became a real estate investor, he had a W-2 job doing sales for a tech company. Bill's interest in investing started when a coworker introduced him to the world of real estate investing. After a stalled start, ten years later, Bill joined the DFW Real Estate Investing Club and started going every Sunday to learn about real estate investing. There, he gained as much knowledge as he could without being hands on and actually owning real estate. Now, Bill mainly deals in rental properties, and he owns his own property management company for his properties. In this episode, he shares his start, why he chose multifamily properties, owner financing, crazy and memorable stories, investor burnout, and his advice for new investors.

We recently got a comment on one of our episodes asking us to describe a day in our lives. Misty and I's days are completely different, but the common denominator between our days is food. We always make time to eat breakfast, lunch and dinner together. My day is more regimented and scheduled out, while Misty's is more about putting out fires when they arise.

Bill Barnett started out as an investment banker in downtown Fort Worth, Texas. Getting divorced twice in one month changed the trajectory of his life from investment banking to real estate investor and author. Bill Barnett is the best selling author of Are You Dumb Enough to Be Rich?, a book that helped guide Misty and I into our real estate investing journey. He started out rehabbing houses before getting invited to speak, where he found his true passion: teaching real estate.Bill provides great stories, investing tips, insight into the real estate market and more.Want a free PDF copy of Are You Dumb Enough to Be Rich? Email storymediatx@gmail.com!Bill Barnett's website here

Suffering from possible buyers regret? Misty and Christopher Story explain 3 common ways to get out of your buyer contract in the state of Texas: option periods, leases, and seller disclosure.

Attorney Milt Colegrove is a partner and owner of The Law Firm of Meyer & Colegrove. He has known since the 8th grade that he wanted to be an attorney and he achieved that dream in his late 30s and started his journey to becoming a real estate attorney. Milt discusses how he got started, what his role is in real estate deals, how to build a team, the multifamily market, what series LLC is, and much more! Get in contact with Milt here https://www.thelawfirmmc.com/

Ryan Jackson is the Trap House King! His main method of real estate investing is buying trap houses and flipping them into affordable trap homes. Ryan tells us how he started buying trap houses and how that changed his direction in his real estate investing career.In this episode, Ryan shares tips and tricks he has learned flipping trap houses. He also explains a crazy story he's experienced while trap house buying, as well as the best deal he's had.Check out Texas Tuesday in the DFW area https://www.facebook.com/texastuesdaydfwremastermindGet in contact with Ryan Jackson https://www.facebook.com/ryanbuyshousesllc

As a new or even experienced agent, traditional real estate may be all you know how to do. But that's not all real estate has to offer.In this episode, we discuss all the many different ways to leverage your real estate license as a tool. We also talk about how your mindset as a real estate entrepreneur can make or break your investing career.

With five generations of his family being in the real estate industry, Greg Wilson was destined to do the same.Greg Wilson is a pillar in the current real estate community. He was a co-founder of the DFW Real Estate Investor Club, one of the largest clubs in the United States. Greg has a passion for helping other real estate entrepreneurs. He strives to help train and give knowledge and experience to people passionate about getting into real estate.In this episode, we discuss the different paths of real estate, how the DFW REI Club started, training & mentorship, wholesaling, marketing and more.

Misty Story takes the lead in this episode with some insider knowledge of the current leasing market. With her almost 15 years in property management, she has seen trends come and go, so she can help break down these current trends. Misty also provides some good tips for landlords regarding slow moving properties, split properties, and lease pricing.

Attorney Martin Garcia is a title lawyer that deals with real estate law, including commercial real estate, and estate planning and probate. He has helped numerous investors with their real estate law needs since 2006. Martin explains what title law is and provides some insight into how a real estate attorney operates in their day to day lives. He shares the good, the bad and the ugly of what he's seen over his years as a fee attorney, as well as some tips for investors.If you're looking for title or real estate law help, contact attorney Martin Garcia here:https://www.texas-title.com/

Misty and I take a look at a few articles to get a read on what's happening with todays real estate market.We discuss our thoughts about declining house prices, interest rates, absence of offices, automated McDonalds, and mall hospitality possibilities.Links to articles:MetroTex: https://www.mymetrotex.com/regions-home-prices-decline-for-first-time-in-more-than-a-decade-index-finds/NARR: https://www.nar.realtor/magazine/real-estate-news/mortgage-rates-again-near-7Article about Google: https://www.costar.com/article/1751563334/google-puts-major-swath-of-silicon-valley-offices-up-for-subleaseAutomated McDonalds: https://www.kxan.com/news/texas/have-it-your-way-mcdonalds-first-fully-automated-restaurant-with-no-human-contact-in-fort-worth/Simon Mall Hospitality: https://www.costar.com/article/759263108/heres-one-way-simon-plans-to-redevelop-malls-across-the-country

Middle school sweethearts Michael & Leah Slaughter are a husband and wife property management and investing team. They have almost 20 years in experience with an astonishing $40 million real estate portfolio. The Slaughters strive to help others and change lives by sharing their experiences and what they've learn from their own mistakes. Their unique view came from their hands on involvement in the real estate industry. In this episode, Michael & Leah share some of their wealth of knowledge, what and where they prefer to invest, how the market is looking in DFW and dish out some crazy stories they've come across managing their properties.

Misty and Christopher are no strangers to Brazilian Jiu-Jitsu and they discuss how their training has improved their real estate business and keeps them motivated. In this episode, they examine the relationship between BJJ and real estate and why it can be so beneficial for everyone. They explain what BJJ is and what they've learned from training for so many years.

Misty and Christopher Story shares tips and tricks to get your rental property leased. Misty has over 10 years of property management experience. She shares some common questions and mistakes property owners make when trying to lease. Have some questions or properties to lease of your own? Contact Misty here:https://storyrealestatetx.com/ Prefer to watch? Find the episode on YouTube here:https://linktr.ee/storyrealestateinvesting

Passive investing is a great way to stay away from tenants, toilets and trash. In this episode, Misty and Christopher talk about the differences between active investing and passive investing. We discuss why it is important to educate yourself on passive investing before starting, and ways to do so as well. We share passive investing situations and loans that are associated with this type of investing. Interested in learning more? Buy the book No Tenants, Toilets or Trash here:https://a.co/d/9gYGzO3

A pretty home with good curb appeal can easily be sold on market.But what if your house isn't pretty? Selling your house on the market isn't always the best solution for every house. If your house isn't in the best shape or needs substantial work done, selling off market may be what you need to do.In this episode, we share tips on selling your house in any condition. Small changes can have a big impact on potential buyers or investors.

Tim Herriage has over twenty years of real estate investing experience and knowledge. From starting out flipping houses in Dallas to completing over $1 billion in real estate transactions - he's the entrepreneur that's been through it all. Tim was a Co-Founder and Managing Director of Blackstone's B2R Finance, he founded the REI Expo and is currently the Executive Director of Retail Loan Development for RCN Capital. In this episode, Tim shares the ups and downs of his real estate investing career. We talk about how he got his start, his mentor Scott Horne, his experience during the housing market crash of 2008, the start of the REI Expo, how he was introduced into Blackstone, and where he is now in his career.

Misty and Christopher are talking about rental scams!Sometimes, things don't add up and it's always best to catch those red flags before it's too late.In this episode, they examine a rental scam they read about and how they barely escaped a similar scam dealing with their own property applications.

What's in your marketing playbook? We talk about our playbook and give out some of our marketing tips and tricks to market to motivated sellers. Building a marketing machine takes a lot of work but it is vital to driving motivated sellers to your real estate business. We discuss what stacking is and how each layer can benefit you.

Misty and Christopher discuss what it takes to make it happen. You have to push through the difficult times and stay in the fight to become a success.

First time in the buying process?Whether it's the first time buying an investment property or just a house for personal reasons, buying a house is a big commitment and being scared is natural, but with knowledge comes ease of mind.In this episode, Misty and Christopher explain in full detail the process from start to finish.

Misty and Christopher discuss the importance of spead to lead. If you aren't quick to respond to potentional and existing clients, they will move on from you. Being there is key to success.

Misty and Christopher talk about what it takes to hold yourself accountable and why it's so important.

Christopher Beary has been leveraging his real estate license by buying and selling properties. After a hard month in 2020, he started buying his time back by transitioning into a long term investor. Christopher shares his real estate journey and transformation with us.

In a world of instant gratification. Everyone must pay thier dues! Misty and Christopher break down why paying your dues is vital to your success in real estate.

Richard Gonzales is a real estate entrepreneur and one of the DFW REI Club's success stories. He talks about how important mindset is in real estate investing and how he mentors other aspiring investors. Richard talks about how he got his start by using other peoples money and how he continues to do so.

What is your why? You need to have a strong why to give you the motivation needed to keep pushing through difficult times.

Long time investor Ryan Swift shares with us how he left his 6 figure, W-2 job and got started investing in real estate. Ryan discusses how he turned around an RV park and made it profitable. Buy back your time by investing in real estate!

The mindset of a real estate investor is just as important as the tactics and techniques. Being able to make quick decisions is a must.

Misty and Christopher have helped numbers friends get started investing in real estate and they break down how they started with one home and how you can do the same.

Andrew is a 20 year real estate investor who has kept is W-2 job as a mortgage loan officer. He explains how you can keep your current job or career and build a solid portfolio of real estate on the side.

Misty and Christopher break down their process of how they analyze a deal. You can't steal in slow motion so you need to know how to review a deal quickly to make a quick decision on making an offer or not.

Christopher breaks down why your mindset is the #1 tool to your real estate success.

Misty and Christopher breakdown the ins and outs of their first time buying a property in cash. They dive into how they took the leap together to purchase the rental property in cash. Misty talks about quitting her W-2 job to join Christopher and become self employed. Tune into how they managed to save up the $100k and find the property.

Misty breaks down her tenant screening process that saves landlords thousands of dollars. Tenant screening is your crystal ball to finding the right tenants for your rental properties.

Are your properties managed properly? Misty and Christopher dive into turning around a property that was mismanaged with very low rent. We break down the situation and how it was turned around with maximizing rent in this episode!

We take a deep dive into the mindset of building a business from scratch.

We sit down with Trevor Reed, an experienced real estate investor and mortgage broker. Trevor breaks down the ins and outs of mortgages and shares some awesome seller finance secrets. Trevor is all about the numbers and he drops some great knowledge on having the right numbers in your investing journey.

Working in real estate gives you lots of freedom. Having a real estate licenses is as close as it can get to having a license to print money! But there are some pitfalls that people don't realize when getting a license.Tune in to hear what you need to know before getting your license.