Live Q&A - How to Start a Lending Company, How to Get Paid Faster, and Converting a Long Term Rental to a Short Term Rental

Just Start Real Estate with Mike Simmons

Highlights From The Show:

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

This presentation is the live Q&A that I did the week of August 24th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!

Notable Quotes:

“Learn from my mistakes.”

“If you show up live to these Q&As, we can have a dialogue and I can answer your questions really effectively.”

“What is fast? Fast is a relative term.”

“If you need money right away, like yesterday, wholesaling is absolutely what you should be doing.”

“With flipping, the payday will be bigger, but it isn’t going to happen in a couple of weeks.”

“Direct mail is the single best marketing channel that you can use for reliable results.”

“Other forms of marketing may be less expensive but they are also less predictable.”

“Most people think of AirBNBs when they hear ‘short term rental.’”

“How badly have your tenants wrecked your place?”

“You could spend $6,000 to $10,000 to outfit your rental with furniture and bathroom and kitchen supplies.”

“In many cases, the short term rentals, by a large margin, outperform the LTRs, which is why they are so popular right now.”

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More Resources From Mike:

• Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
• WINNING DIRECT MAIL - How to CRUSH IT with direct mail!
• 7 Figure Investor Video Course - Scale your business to 7 figures. I'll show you how!