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S3E29 Knives Templars Listeners! In this episode, Marc, Chip, Don and Kyle are back podcasting with knife maker and special guest Jared Irby! Jared, who is a Last Blade Standing (2nd Place Finisher), is being featured on our Our Makers Mark series that is brought to you by the Knives Templars and Pops Knife Supplies. Every Maker's Mark episode features knife makers from all around.Visit Jared at https://www.3iforge.com/ We also talk knife making and answer a few questions submitted by our listeners. Keep those questions coming in! Sit back, grab a beverage and listen to the Knives Templars! See why we are climbing the charts on your favorite podcast app or station today! We have been heard in 24 countries. So tune in, enjoy and SUBSCRIBE to the knives templars today. Please support our sponsors: Last Blade Standing - http://lastbladestanding.com Pops Knife Supply - http://popsknife.supplies Phoenix Abrasives - Phoenixabrasives.com Ameribrade - https://www.ameribrade.com The Rivers Experience - https://www.youtube.com/channel/UCdYgdTzDUMUYlqbJOiyVLQg Pops Knife Supples - popskinfesupplies.com Majestic Forge - Majesticforge.com knife-wood.com - Maritime Knife Supply - maritimeknifesupply.ca All brought to you by Pork House Productions, Skejeggmennkniver.com, Skjeggmennknives.com, Theriversexperience.com, and Pintos Handmade Knives. (c) Pork House Group 2023 #knifemaking #knifemakingpodcast #knivestemplars #blademaking The Knives Templars are Chip Carlisle, Joey Theriot, Erick Rivers, Marc Vasallo, Don Watson and Odacir Pinto. knivestemplars.com Want to sponsor the Knives Templars and run your ads on our podcast? Email us at knivestemplars@yahoo.com. See us at knivestemplars.com
In today's episode of Passion for Real Estate Investments, President of Irby Home Buyers, Jared Irby, talks about his journey in real estate investing, resilience, and the good stress of flying. Jared attended the University of South Alabama, but left to pursue his first successful venture in a long line of successful ventures. 10 years ago, he started buying and redeveloping real estate. In that time, he has flipped hundreds of houses, acquired hundreds of apartments, and closed many tens of millions of dollars worth of deals. Throughout his career, Jared has bought, opened, and sold many highly successful businesses, including two startups that grew to over $10 Million in annual revenue. Jared is an inactive Real Estate Licensee in Alabama, and is currently pursuing a CCIM designation. How has the market downturn affected his business? He tells us how he's preparing his business for a catastrophic future event, and we get to hear about his business model. Why is wholesaling better in the current market situation? Hear the advantages of in-house property management, how people participate in his deals, and the importance of vetting your investors, capital sources, and banks. If you want to learn about the ways to prepare and protect your business for catastrophe, or you want to know about finding the right funding sources, or you're looking to get into the market during the downturn, this episode is for you. Highlights from the interview “I'm passionate about real estate because there's just so many ways to win.” “I get most stressed when everything is going good, because you know something bad is coming.” “When you don't need the money now, it's better to not make a deal with the devil. Vetting your investors is important to make sure that their goals are aligned with yours.”
In today's episode of Passion for Real Estate Investments, President of Irby Home Buyers, Jared Irby, talks about his journey in real estate investing, resilience, and the good stress of flying. Jared attended the University of South Alabama, but left to pursue his first successful venture in a long line of successful ventures. 10 years ago, he started buying and redeveloping real estate. In that time, he has flipped hundreds of houses, acquired hundreds of apartments, and closed many tens of millions of dollars worth of deals. Throughout his career, Jared has bought, opened, and sold many highly successful businesses, including two startups that grew to over $10 Million in annual revenue. Jared is an inactive Real Estate Licensee in Alabama, and is currently pursuing a CCIM designation. How has the market downturn affected his business? He tells us how he's preparing his business for a catastrophic future event, and we get to hear about his business model. Why is wholesaling better in the current market situation? Hear the advantages of in-house property management, how people participate in his deals, and the importance of vetting your investors, capital sources, and banks. If you want to learn about the ways to prepare and protect your business for catastrophe, or you want to know about finding the right funding sources, or you're looking to get into the market during the downturn, this episode is for you. Highlights from the interview * “I'm passionate about real estate because there's just so many ways to win.” * “I get most stressed when everything is going good, because you know something bad is coming.” * “When you don't need the money now, it's better to not make a deal with the devil. Vetting your investors is important to make sure that their goals are aligned with yours.”
Jared joins the show to discuss "Propellers VS Anchors", some people lift you up while others bring you down. Learn how Jared has built a great team and culture within his businesses. www.investorfuse.com
Real Estate Investing With Jay Conner, The Private Money Authority
Jared Irby, IRBY Homebuyers, joins Jay Conner to talk real estate investing.The best strategies for finding hot deals:Direct MailCold callingDriving for DollarsList stackingSkip tracingPPC/SEOBandit signsAnd even radio adsHis success comes from being consistent and massive action.Jared Irby, President of IRBY Homebuyers and the IRBY group of companies, is an experienced entrepreneur with a unique and diverse skill set. Jared has opened and sold multiple successful ventures in his career. Two startups were taken to over $10MM per year in revenue with significant cash flow and profits.He is highly skilled in marketing, sales, and business management as his diverse experience has required. Jared attended the University of South Alabama on an academic scholarship but left prior to graduation to start his first of several successful ventures which rapidly grew to over 100 employees. He started buying & redeveloping real estate 10 years ago and has never looked back.Jared is an Alabama Real Estate Licensee (inactive) and pursuing a CCIM designation. Over the last 10 years, Jared and his group have companies that have flipped hundreds of houses, acquired hundreds of apartment/rental units, and transacted tens of millions of dollars in real estate deals. Along with real estate and business, Jared is passionate about spending time with his two young daughters and is also a licensed pilot that enjoys ample amounts of flying, hunting, fishing, and boating along the amazing Gulf Coast where he calls home.Links:https://www.facebook.com/jaredalanirbywww.irbyhomebuyers.comwww.empireforgemastermind.comRegister for the Real Estate Cashflow Conference:http://bit.ly/jaymoneypodcastJay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.What is Real Estate Investing? Live Cashflow Conferencehttps://youtu.be/QyeBbDOF4woThe Conner Marketing Group Inc.P.O. Box 1276, Morehead City, NC USA 28557P 252-808-2927F 252-240-2504Channelhttps://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6whttps://www.youtube.com/c/RealEstateInvestingWithJayConnerRSS Feedhttp://realestateinvestingdeals.mypodcastworld.com/rss2.xmlGoogle Playhttps://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47yiTunes:https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034Watch on ROKU:Rokuhttps://my.roku.com/add/realestateinvestingRokuhttps://my.roku.com/add/realestateinvestingWatch on Amazon Prime:https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3
Real Estate Investing With Jay Conner, The Private Money Authority
Jared Irby, IRBY Homebuyers, joins Jay Conner to talk real estate investing.The best strategies for finding hot deals:Direct MailCold callingDriving for DollarsList stackingSkip tracingPPC/SEOBandit signsAnd even radio adsHis success comes from being consistent and massive action.Jared Irby, President of IRBY Homebuyers and the IRBY group of companies, is an experienced entrepreneur with a unique and diverse skill set. Jared has opened and sold multiple successful ventures in his career. Two startups were taken to over $10MM per year in revenue with significant cash flow and profits. He is highly skilled in marketing, sales, and business management as his diverse experience has required. Jared attended the University of South Alabama on an academic scholarship but left prior to graduation to start his first of several successful ventures which rapidly grew to over 100 employees. He started buying & redeveloping real estate 10 years ago and has never looked back. Jared is an Alabama Real Estate Licensee (inactive) and pursuing a CCIM designation. Over the last 10 years, Jared and his group have companies that have flipped hundreds of houses, acquired hundreds of apartment/rental units, and transacted tens of millions of dollars in real estate deals. Along with real estate and business, Jared is passionate about spending time with his two young daughters and is also a licensed pilot that enjoys ample amounts of flying, hunting, fishing, and boating along the amazing Gulf Coast where he calls home.Links:https://www.facebook.com/jaredalanirbywww.irbyhomebuyers.comwww.empireforgemastermind.comRegister for the Real Estate Cashflow Conference:http://bit.ly/jaymoneypodcastJay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.What is Real Estate Investing? Live Cashflow Conference https://youtu.be/QyeBbDOF4woThe Conner Marketing Group Inc.P.O. Box 1276, Morehead City, NC USA 28557P 252-808-2927F 252-240-2504Channelhttps://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6whttps://www.youtube.com/c/RealEstateInvestingWithJayConnerRSS Feedhttp://realestateinvestingdeals.mypodcastworld.com/rss2.xmlGoogle Playhttps://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47yiTunes:https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034Watch on ROKU:Rokuhttps://my.roku.com/add/realestateinvestingRokuhttps://my.roku.com/add/realestateinvestingWatch on Amazon Prime:https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3
Download This Awesome Podcast: https://bit.ly/2HTJO1F Jared Irby, President of IRBY Homebuyers and the IRBY group companies, is an experienced entrepreneur with a unique and diverse skill set. Jared has opened and sold multiple successful ventures in his career. Two start-ups were taken to over $10 million per year in revenue with significant cash flow and profits. He is highly skilled in marketing, sales, and business management as his diverse experience has required. Jared attended the University of South Alabama on an academic scholarship but left prior to graduation to start his first of several successful ventures which rapidly grew to over 100 employees. He started buying and developing real estate 10 years ago and has never looked back. Jared is an Alabama Real Estate Licensee (inactive) and pursuing a CCIM designation. Over the last 10 years, Jared and his group have companies that have flipped hundreds of houses, acquired hundreds of apartment/rental units, and transacted tens of millions of dollars in real estate deals. Along with real estate and business, Jared is passionate about spending time with his two young daughters and is also a licensed pilot that enjoys ample amounts of flying, hunting, fishing, and boating along the amazing Gulf Coast where he calls home. Some topics covered: -Why did Jared get started in Real Estate? -What's Jared's elevator pitch when someone asks him what he does? -How did Jared learn how to do this and get started? -Jared's crossroads to go full time in real estate -Doing real estate full-time or on the side from your job -If Jared could go back, what would he do differently or what advice would he give himself? -Jared gives you his tips on how to accurately estimate repairs when flipping -How Jared's business has grown to 150 deals last year -Who was Jared's first hire? -Tips on hiring successfully and finding the right people -Successful marketing techniques Jared uses -What is Jared looking to improve in his business today? -What do the next 12 months look like for Jared? -A lesson Jared has learn from another real estate professional that has impacted his business in a positive way? -An actionable step that someone starting out in real estate should do? -Does Jared have a routine that really makes him successful? -Words Jared lives by -Best way to find Jared: Facebook: Irby Home Buyers, Instagram @irby_homebuyers or his new mastermind group: Empire Forge Mastermind (empireforgemastermind.com) We appreciate you for listening. If you like what you hear it would mean a lot if you can give us a 5 star rating and review on iTunes. https://goo.gl/N4pp6T Google Play - https://goo.gl/RHjVzX Podcast on YouTube: https://youtu.be/dDN3p_5xGt4 Check out our Facebook page at Yarusi Holdings. https://www.facebook.com/YarusiHoldings/ REI Foundation Podcast: https://thereifoundation.libsyn.com/ Jason Yarusi: https://goo.gl/maps/gQxAKY2vRnJ2 Yarusi Holdings: https://goo.gl/maps/r6C864Cc8WM2 Real Estate Foundation Podcast: https://goo.gl/maps/TpM43UPhKHD2 For our YouTube Channel click here. https://goo.gl/SJiYh A full list of podcasts are available at https://www.yarusiholdings.com/podcast/ And if you have any questions feel free to reach us at info@yarusiholdings.com See acast.com/privacy for privacy and opt-out information.
Today I welcome Jared Irby, the president and the founder of the IRBY Home Buyers. He is a fellow member of the Collective Genius Mastermind and is based in Mobile, Alabama. Jared invests in house flips and multi-family properties. He shares the standard cost of one of his properties and gives us an idea of how he works with the local economy to a mutual benefit. He also gives a clear picture of the market he works within and why he thinks it is so favorable to business and real estate. Mobile is a well-kept secret within the real estate community and Jared will explain why. MINUTES MARKERS 00:00 — Introduction to the Big Mike Fund Podcast. 00:22 — Welcome Jared Irby to the podcast. 00:54 — About Jared and his business in Mobile, Alabama. 01:34 — Why hurricane season is not as big as a deal as the media makes it out to be. 03:12 — The types of properties Jared buys and who is his standard customer. 04:45 — The average cost to one of Jared's investors. 05:57 — The average cost to a family renting one of Jared's properties. 07:20 — The types of investor Jared likes to work with. 08:26 — How Jared manages his properties. 09:24 — The multi-family opportunities Jared has invested in and why he likes to focus on the low end of the market. 13:43 — Why Jared likes to work with local banks. 16:05 — How his company finds their deals. 19:30 — The current market outlook in Mobile and why it is a well-kept secret. 23:50 — Why cities do better when businessmen are in charge, 26:23 — Jared's final advice to the audience. 28:32 — Jared's contact information. 29:20 — Thank you, Jared, for joining us. 29:36 — Outro to the Big Mike Fund Podcast. RESOURCES Big Mike Fund Jared on Facebook Irby Home Buyers Empire Forge Mastermind
Jared Irby joins Brian from Mobile, Alabama, to talk about his real estate ventures and the Mobile market. They talk about how Jared got started in real estate, the importance of marketing, and some of the benefits of investing in Mobile. Key Takeaways: [1:14] Jared is based in Mobile, Alabama, with his business Irby Home Buyers. They focus on wholesale deals that they primarily sell to other real estate investors, as well as multi-family real estate and some commercial investing. [2:40] Jared actually got into real estate when he was looking for an outlet to invest some money from another business. He started flipping houses and had a small rental portfolio over the course of about eight years, before committing to real estate full time. [4:05] Wholesaling really supports their infrastructure and marketing and allows them to acquire rentals and grow that particular portfolio. He started wholesaling as a way to get a good profit without a lot of capital and without much risk. [6:57] Jared has a sales and marketing background and discusses how real estate is more like sales, rather than real estate itself. They were able to put systems and processes in place so they were able to create deals quickly and get them out in front of people. [8:47] If you’re first getting started, it’s important to get plugged into some REIA meetings to make connections, but also take control of your marketing machine. There are many different ways to advertise, but the key is to focus on one. This can you automate your marketing to get ‘lead flow,’ so you can focus on building up sales training. [11:01] When looking for deals, they first look to just find some good deals. Once they get a deal, they evaluate it to see what next step makes the most sense. They flip or rent the ones that fit their model, and then sell the rest. This allows them to provide value to several people throughout the scale of a transaction. [12:45] Brian and Jared talk about the real estate market in Mobile, Alabama. It is about half the size of Birmingham but is a very diverse market spread out over a larger area. One of the good things about investing in Mobile is that they’ve got a great climate and there is also a lot of job growth. [14:30] When you pick a market, you want to pick one that’s growing, as well as a market that has good fundamentals. This particularly includes the need for people to have a place to live, as well as a good cost of living. [15:40] The price compared to the rent makes sense in Mobile. You can find a property and buy it in the mid-$80Ks and can get about $1,000 for the rent. [19:00] A lot of people get into real estate because they’re looking for a certain type of lifestyle. For Jared, real estate has allowed him to be able to afford some luxuries (a boat, a plane), but also allowed him to have more freedom. Once you build up your rental income stream, you’re free to do whatever you want really. [20:45] If you’re interested in getting started in the Mobile market, you can find Jared Irby on social media, or visit the Irby Home Buyers website linked below. Mentioned in This Episode: Irby Home Buyers Facebook Meetings Daily REIA Show Facebook Page Brian’s Book
“Increasing numbers of people are coming to realize that corporate America has changed. Job security is largely a relic, benefits are not nearly what they used to be, and starting your own business is looking a lot less risky.” – The Balance Small Business (https://www.thebalancesmb.com/starting-own-business-1200678) Trevor Mauch learned about entrepreneurship from his parents. Through years of hard work, and perfecting his skill set by starting many of his own companies, he came up with the idea for Carrot. Today Trevor is the CEO of Carrot (https://oncarrot.com/?cookieUUID=d43ef6a6-66ca-43fe-a2cf-6acd52b97c15) . He knows a thing or two about inbound marketing and generating leads online in the real estate industry. As an investor himself, he’s a leading expert in inbound marketing for investors and agents. On today’s episode, Trevor discusses how he came up with the idea for Carrot and provides expert advice and actionable tips on starting your own business. He also discusses creating revenue models, model strategies and flipping your risk profile. We also had a great discussion on how technology is changing the real estate industry and how to be successful utilizing those changes. Tip of the Day: It’s not about thinking bigger, it’s about thinking better. -Trevor MauchTweet This Carrot Discount Use this LINK (https://az122.isrefer.com/go/main/scottbower/) to receive 25% recurring monthly commissions on every referral Further Information on Entrepreneurship #INVESTTHIS EP 6: Real Estate Entrepreneurship and How to Make it Work with Jared Irby (https://www.investthispodcast.com/real-estate-entrepreneurship/) Start In Wholesaling: Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF! (https://jr208.isrefer.com/go/fmsnaw/a717/)
Section 8 properties and rental property investment are super hot topics in the real estate industry. Jason Will talks with two local real estate investment experts in the Mobile County market, Jared Irby (Irby Home Buyers) and Joey Brashears (Yellowhammer Homes) and they share their business journies and insights into this specific world of real estate investing. What is Section 8 rental investment? How can this investment be advantageous to owners and investors? Why is this government program model better than flipping? How do you get started? What to look for in an ideal Section 8 property? Sit back and hear how this type of investment works, how Jared and Joey maximize their opportunities, minimize their risks, and why you be looking into real estate. Key Takeaways > Always been looking for real estate opportunities, good investment properties and be able to act quickly. > Negotiating a low initial price and cash flow are the most significant factors in success in Section 8 investment properties. > Maintaining the property maintenance is a non-stop job and you need a process and plan to make sure that $50 issues don't become $10,000 problems. > Bigger homes with lots of bedrooms are an ideal property for Section 8 investment opportunities. > Have a sense of urgency in getting a tenant or replacing one, but make sure you get the best person for that property. - Jared Irby > The biggest thing in real estate is the relationships, whether it's the relationships with the tenants, the investors, your realtors, the landlords, everybody. Resources Jared Irby - Irby Home Buyers Joey Brashears - Yellowhammer Homes Quotable Quotes You've got to stay nimble, stay dynamic, and there's opportunities in every market. - Jared Irby You have to adapt your strategies to the market you're in. - Jared Irby My story has to start with the Fortune Builder Program. It worked for me. I think if it's anything else, it's something that's going to be what you make it. - Joey Brashears I'll tell you the coolest thing about real estate, if you're looking at it from kind of the financial nerd perspective and how you scale quickly, is that real estate has cash flow. It's a hard asset, and it's very easy to borrow against it. - Jared Irby So you can buy a Section 8 property for 20 grand and then rent it for 600, 700, 800 bucks a month. - Jared Irby The most important thing is that you make sure of the cash flows. - Joey Brashears Flipping houses, you put in a lot of work, and you make money one time. - Jared Irby What determines a rental for me is, anything that I look at under $100,000, I'm going to consider it for a rental. - Jared Irby I want it to be an assistance program, which is what Section 8 is set up to be. It's not supposed to be a handout. - Jared Irby For a landlord, Section 8 is a guaranteed rent from the government essentially, as long as you keep the house in the condition that's required to by the Section 8 Program, then you're basically guaranteed your cheque at the same time every month, deposited into your account. - Jared Irby I haven't noticed any more issues with Section 8 tenants, it's the normal issues and probably less, just because the payment issues are off the table. - Jared Irby So the longer Section 8 tenants stay in the house, the better your return. So all my Section 8 tenants. My average is like three, four years at their average. - Joey Brashears You want to make sure you keep the pay, and the rent is front and Center for sure. That's the whole point that drives everything. - Joey Brashears Section 8 a pretty rigid program. Once you go into it, it pretty much explains itself. The only thing you can do is just get better about your processes and the product. - Jared Irby Agent 251 is an entertaining and informative real estate podcast that looks at our industry through the lens of our work, adventures, and culture at JWRE - Jason Will Real Estate in Mobile and Baldwin County, Alabama. ////////////////////////////////// We would like to know what you think about the Agent 251 podcast, especially this episode. Do you agree with Jason? Did any of these ideas help you? Do you disagree with any? Let us know by contacting Jason at jasonwill@southalabamaliving.com. Thanks for listening. Contact Jason Will Real Estate Prompt and professional service is our guarantee. JWRE's goal is to be informative and helpful. Through our service, we hope to earn your business with our exemplary level of service and extensive local knowledge of the Mobile & Baldwin County area. Agent 251 is recorded and produced at Deep Fried Studios. Producer: Johnny Gwin
In this second interview of a 2 part investigation into property investment, Agent 251 talks with Taylor Atchison from Atchison Properties in Mobile, Alabama. Taylor specializes in renovating and flipping historic homes and multi-family buildings in the Midtown, Oakleigh, and Downtown areas of Mobile. He is building his reputation on his ability to redesign older and historic homes for modern day living while still retaining the original look and essence of the architecture. Agent 251 wanted to share this "boutique" property approach which is slightly different than episode six with Jared Irby. Diana calls Taylor's community building approach a "romantic" way to look at the property development and real estate business. Atchison's philosophy and "way" is to strive to find the balance between profitability and helping to rejuvenate, renew, and revive old and historic neighborhoods into sustainable communities for the 21st century. Agent 251's Final Analysis: Taylor Atchison is clear on his purpose. He’s got a grand vision, and it's all about community and the ability to balance the market economics and his passion for building sustainable communities. I can see how this can be such a win-win for the developer and the surrounding area. You want to see and feel the momentum of Mobile? Taking a ride with Taylor and let him show you his projects and vision. One caveat, don't have a lunch meeting with him at Callaghan's - he has to shake way too many hands to get anything done. Topics Covered: Getting into Real Estate Development when doors are closed to you. Taylor Atchison’s design secrets to redesigning a historic home to work better in today’s life and market. Planning commission and updating building codes to fit today’s needs. The Alabama Historic Tax Credit and how it has benefited Atchison Properties & Mobile. Alabama. Taylor Atchison's ideal flip tips and criteria. The live/work concept that drives Taylor Atchisson’s ideas and projects. How to market and get people to buy in historic neighborhoods and get out of the suburbs. Selling homes to the millennial generation Why Agent 251 won’t be getting an Applebee's or Dollar General sponsorship Quotable Quotes Andres Duany has said that 80% of the population will live in a live/work model by 2030 - Taylor Atchison Live/Work is a structure that is designed in a way where you can live upstairs or next door to your office or retail space - Taylor Atchison Live/Work is a structure that is designed where one side is your home, and the other side is your business. - Taylor Atchison For a long time zoning has been against live/work models and now it’s coming back and being promoted. - Taylor Atchison Early on in property investment, make your mistakes with other people’s money. - Taylor Atchison Start by working for someone else, earn your stripes, invest their money because you are going to make mistakes. - Taylor Atchison My last two years has been my graduate school, Working, learning and asking any question I can. Be a sponge. - Taylor Atchison If you continue to build the most minimal thing you can for what you can sell a property for you’re never going to do anything mew and exciting. - Taylor Atchison Selling a buyer on the idea of a historic neighborhood is not a picture on a flier. You have to immerse them in that culture and the way of living. - Taylor Atchison The Culture of a historic neighborhood is not a bullet point on an MLS listing. - Taylor Atchison Musicians think that downtown Mobile is cool. New Orleans has been that way for a while, but it’s really expensive. - Taylor Atchison Buyers want more than four walls. They want experience, and then they want recognition about that experience. - Diana Will
Property Investment is one of the hottest segments of the real estate business, and HGTV like TV shows seems to make everyone believe that they can become a professional and successful property investor and "flipper." So to investigate this new trend and phenomenon, Agent 251 sat down with Jared Irby, a bonafide property investment professional I Buy Houses - Irby LLC, to get his insights and thoughts. You have probably seen his mighty jacked up 251-333-CASH truck rolling around all town. Jared candidly shares his inspiration to get into the property investment business, how you can get started and some pro tips on getting the most out of every deal. The big takeaway of this episode is Irby's revelation of the importance of choosing your investment portfolio, business model, and niche. Notable Notes: Finding the investment money to buy property Steps to grow into becoming a What makes a "good deal" for Jared Irby Determine your niche (i.e., low-end rentals or higher end properties) Why gumption and negotiating skills are a must in this business Why Agent 251 would want to partner or hire Jared Irby to help him on a project or property deal The importance of rewarding success and celebrating victories Wholesale vs. The Flip business model of property investment The upside of selling property investments to other investors The pros and cons of section 8 rental property Should you consider a property investment training program or should you just jump int o making your first deal? Maximizing your sphere of influence to get jump started in the property investment or real estate agent business Quotable Quotes: If I can buy something for $.50 (or less) on the dollar, then that is pretty hard to walk away from - Jared Irby If your timid, shy and can't ask for the deal, then maybe property investment is not the line of work for you. - Jason Will Doing the work, diligently looking, and hitting deals on a daily basis is the trick to succeeding in property investment. You have to be patient and consistent. - Jard Irby Not every deal works for our long-term plan. That's why we try to sell these deals to the right investor and buyer. - Jared Irby Of course have losses, but you make that up with the huge home runs - Jared You are going to have painful losses, but the trick is to not commiserate on the failure but what can you learn from this moving forward so I can become a better investor or real estate agent - Jason Will You do your due diligence to minimize your exposure to risk, but at the end of the day, this business is about taking risks. Not every deal works but if you learn to know what you are doing and really get into it, you have the potential to make hundreds of thousands of dollars. - Jason Will I love the numbers so for me it's assessing the risk and deciding if I am ok if I lose my investment. - Diana Will In the long run, you can make your money back on a rental, the flips can be quite dangerous and can carry more downside risk. - Jared Irby I don't go into business to lose; we go into win. - Jared Irby Make sure you have as many options to win as possible and at the same time you're mitigating your downside. - Jared Irby