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Success From Scratch™ | Survival of the Fittest Real Estate Investing & Entrepreneurship Revealed
In this episode, Nick talks about how he defers his taxes and is able to grow his portfolio with much more buying power without the massive speed bump of taxes. He also takes 2 live callers who have questions about the future of wholesaling, and if they should quit their job.
My guest today, on the Steve Jobs inspired Join Up Dots free podcast interview is with a man who first appeared on the show back on episode nine of Join Up Dots. As we spoke about on the first show, some people are born to make money. Others are born to provide value to others. Our guest today was born to do both. From his early days in school, he knew how to hustle, zigging whilst others zagged, zoning in on opportunities whilst others looked the other way. He made money as a young man, and knew that this was the way he wanted his life to be. But life in school is I suppose “Childs play” compared to what is in store when the high school bell rings for the last time, and your thrust out into the big wide world to fend for yourself. Our guest knew this and before even leaving high school, was creating a path that would lead him to where he is today. By enrolling into an MLM course, he learnt the skills of rapport building and developed the ability to create connections with people from all forms of life. This is probably the most important skill that any entrepreneur could hope to have. But although a huge step in the right direction, he was making very little money, so knew he had to take a step into the unknown and accept a level of risk that he hadn't before. This risk came when he realised that there was opportunities galore in real estate, and before long, with a huge list of tenants paying him rent from properties he owned, he was a paper millionaire. Not bad for someone only in the 20's. However the phrase “Learn to expect the unexpected” could have had been a very useful mantra to have, as boom time literally disappeared overnight. In 2008 the real estate crash occurred, and forced our guest into bankruptcy. Despondent, depressed and broke, he had two choices.. One to say goodbye to the good life and settle into a life of “What Ifs” and “Broken Dreams” Or he could fight back, and restore himself to previous glories. Well after after rebuilding his millionaire net worth he's achieved a higher minded psychology, greater financial freedom, and full awareness of the science of creating Success From Scratch™. He now currently teaches students across the globe how to create entrepreneurship time freedom with his program. (Alphahomeflipping.com) And with this incredible bounce-backability he has put all his learnings and strategies into his second published book, available now at Amazon. So is he truly at a place now, where the hustle has been replaced with fun and enjoyment, or can he never leave behind the “What if i lose it all again” mentality? And why did he feel the need to put his knowledge into words again, when there are many many such similar books sitting covered in dust on the book shelves of the world? Well lets find out as we bring onto the show to start joining up dots with the one and only Mr Nick Ruiz. Show Highlights During the show we discussed such weighty topics with Nick such as: Why feelings are so important to be aware off as you proceed to build your own future. Excitement is key to pointing the way to the gold. Nick shares how monetizing your passion could well be dangerous and should be considered fully before entering into its pursuit. Why so many people fail to celebrate or reward themselves after achieving goals, and why this is so a huge failure for continued success. and lastly…. Nick and I discuss the power of rough draft moves and how he believes this is the key to all success.
Nick Ruiz has gone from boom to bust and back to boom as a real estate entrepreneur. He became a millionaire by his mid-20's, but the crash of 2008 forced him into bankruptcy. He kept hustling and once again created financial independence for himself and his family as a result of some of the strategies that he very simply outlines in his book, Flip. Nick is truly passionate about helping others achieve financial independence, and he offers free, valuable, and actionable content at his website, AlphaHomeFlipping.com.
Nick is a TWICE self-made real estate entrepreneur who started from scratch and became a millionaire by his mid-20’s. The big crash in 2008 forced him into bankruptcy, but he created financial independence AGAIN after his bankruptcy with real estate entrepreneurship. He blogs about his journey and strategies at AlphaHomeFlipping.com
Nick is a TWICE self-made real estate entrepreneur who started from scratch and became a millionaire by his mid-20's. The big crash in 2008 forced him into bankruptcy, but he created financial independence AGAIN after his bankruptcy with real estate entrepreneurship. He blogs about his journey and strategies at AlphaHomeFlipping.com
In Episode 30 of The Side Hustle Show, we learn how to build a real estate wholesaling side hustle, without any experience and without risking your own money or credit score. Veteran investor Nick Ruiz shares how he earns $10,000+ per deal with his "Flipping Factory" system. This is definitely an interesting one! Subscribe to The Side Hustle Show on iTunes! Subscribe to The Side Hustle Show on Stitcher! Learn: The 2 neighborhoods in your city you need to focus your efforts on How to find and market to motivated sellers The most important question to ask when they call you The "get out of jail free" clause to include in your contracts One smart/sneaky way to build your network of buyers Nick's #1 tip for Side Hustle Nation Listen in for our full discussion and hear why Nick says bankruptcy was the greatest thing to happen to his entrepreneurial career. Links: RecycledGoGetter.com AlphaHomeFlipping.com Facebook.com/AlphaHomeFlipping YellowLettersComplete.com