The Justin Spaulding Show
The Justin Spaulding Show
Justin Spaulding
Justin Spaulding has grown from zero to $100,000,000+ in real estate in less than a decade. And The Justin Spaulding Show is all about sharing that wisdom and advice, from real life experiences, to help other achieve awareness, strategy and tactics around: -Money -Personal Finances -Business -Real Estate -Entrepreneurship -Negotiation -Sales -Health -Mindset & more! Justin shares everything from how he has built a real estate empire valued at over $100,000,000; sales changed his life, and strategies to use to have success in whatever it is you want to be successful at in life. Justin graduated college in 2012 and was an NCAA All-American football player. Throughout college he read over 100 books on real estate, money, finance, and more. He was determined to then implement what he learned. After graduation he got involved in sales and grew his team to the top of a direct sales company. He saved all of those earnings and bought a couple of four unit apartment buildings. Others wanted to start investing with him. Today he has over 60 investors who have invested $20,000,000 into his private equity companies and today they own over 700 apartments and multiple commercial health care properties. Justin plans to grow his real estate holdings to over 50,000 apartments in the coming years. In March 2020, Justin started a "Prime Painters". They focus on painting his apartments, as well as other residential and commercial painting projects in Southern Wisconsin and Northern Illinois. Please subscribe to the podcast and checkout his book here: https://justinspaulding.com/products/build-wealth-in-real-estate-book-pre-order.
The Justin Spaulding Show 016 Hiring, Choosing Office Location, Day In The Life, Where To Find Deals
On today's episode I discuss how I am choosing where our office location will be and how do we plan on how much staff we will need and when we will need them by, talk about a day in my life and about early rising, where we find the "100 deals" to then buy just 1 or 2 of them,
Jun 17, 2021
46 min
The Justin Spaulding Show 015 | Prime Painters & Start Up Business Q&A Continued
Today I continue off of the last episode and go more in depth on how we started it plus, I take questions from the audience on starting up a business.
Jun 16, 2021
40 min
The Justin Spaulding Show 014 | Starting Prime Painters & Chasing $1,000,000 Year 1 Revenue
On today's episode I talk about why and how we started Prime Painters and why we made it different than other contracting companies based on my experience with contractors in the apartment industry. Why I chose to chase and try to scale to $1,000,000 of revenue in year 1 and how we will continue to grow from there to a $3,000,000; $5,000,000+ revenue company over the next couple of years.
Jun 15, 2021
1 hr 2 min
The Justin Spaulding Show 013 | Deal Search, Single Family Market, IRR Targets, Private $$, Funding
On today's episode I go though how many deals we look at each week, my opinions on the single family market, using agents vs going directly to seller, target IRR for new deals, my thoughts on private money, red flags to look for when talking with brokers and sellers, generating funds for the next deal while closing a current one.
Jun 14, 2021
49 min
The Justin Spaulding Show 012 | Negative Cash Flow, Financial Modeling, Financials & Operations
On today's episode I talk about one of our employees buying a 7 unit apartment property, when and why I bought a negative cash flow producing property, how we do our projections and financial modeling for new deals, how we review our progress and financials and I go step by step through our projection model and actual financials for a property we have had for a few years.
Jun 13, 2021
54 min
The Justin Spaulding Show 007 | Networking, Art of The Deal, Challenges to Scaling a Business
My 5 steps for success, finish college or dropout, starting in real estate, thoughts on Donald Trump's books, the future of school and education, thoughts on AirBnB, duplexes vs other properties.
Jun 12, 2021
54 min
The Justin Spaulding Show 008 | Dropping out of College, Starting Real Estate, Deals Pipeline, Sales
On today's show we talk about why I did not need a degree to do what I am doing today, gathering a deal pipeline and connecting with brokers, thoughts on flipping houses, NNN properties, doing deals in California, why everyone should join direct sales or MLM.
Jun 12, 2021
1 hr 21 min
The Justin Spaulding Show 009 | $100,000,000 Deal, Seller Financing, Tax Strategies, Get Investors
On today's episode I talk about doing a $100,000,000 deal, I draw out how seller financing works and different ways on how a capital stack can be put together, tax strategies to keep more money working for you, getting investors, not worrying about some of the smaller details too soon, building businesses while having interpersonal issues.
Jun 12, 2021
58 min
The Justin Spaulding Show 010 | Overpriced Real Estate, Exiting Deals, Age 23 Justin, Biggest Fail
In today's episode I talk about if real estate prices are overpriced or just higher than they were a few years ago, how to and how we exit deals, picking mentors, what I would do differently in my first real estate deals, my process for finding off market multifamily buildings, and how first time buyers should go about buying real estate.
Jun 12, 2021
1 hr 17 min
The Justin Spaulding Show 011 | Operating Expense Ratios, Deal Underwriting, Opportunity Zones
On today's episode I talk about if you have $1,000,000 cash why you should still use other people's money as well when doing deals, budgeting for operating expenses in real estate and business, estimating repairs and maintenance, payroll and future real estate taxes of a new property, the softwares we use in our businesses, and we even bring in a guest who was watching on Instagram live.
Jun 12, 2021
1 hr 2 min
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