In this episode, Dr. John Crutchfield delves into the gritty truth of scaling a real estate portfolio, exploring the challenges and rewards that come with expanding your investment holdings. He shares personal anecdotes and insights gained from his own journey, shedding light on the complexities and pitfalls of growing a real estate business. Through candid discussions and real-life examples, listeners will gain valuable perspectives on navigating the highs and lows of scaling their own portfolios. [00:48] Dr. John discusses the hurdles encountered by real estate investors when expanding their portfolio. He begins with a story about an investor, managing 20 units, who endeavors to scale up, recounting the difficulties encountered with inspectors and contractors along the way. [02:35] Dr. John discusses the loss of control that often accompanies scaling, highlighting how managing multiple properties introduces new complexities and unforeseen issues. [03:49] Dr. John emphasizes the challenges of scaling a large real estate portfolio, including managing systems and accountability, stressing the need for investors to hold themselves and others responsible for meeting deadlines and promises. [07:48] Reflecting on past setbacks, Dr. John shares anecdotes of dealing with property damage and insurance claims, illustrating the resilience required to overcome obstacles in the real estate industry. [09:15] Dr. John emphasizes the challenges of scaling a portfolio or starting something new, but highlights the freedom and opportunities that come with it. [10:40] Dr. John encourages viewers to find communities and people who will support and motivate them to keep pushing forward. Mentioned in this podcast: https://www.facebook.com/groups/wealthinrealestate Connect with Johnoson Crutchfield for coaching sessions at https://www.linkedin.com/in/grabthemap If you are interested investing in real estate and make connections, shoot an email [email protected]. Read on some of our blogpost http://grabthemapllc.com/

In this episode of Grab the Map, Johnoson Crutchfield is excited to discuss the life-changing experience behind the song "Umma Do Me" from 2000. Johnoson will share how his initial doubts transformed into a strong message of chasing personal dreams and goals, highlighting the significance of taking action even when faced with doubt. [0:27] Johnoson shares his thoughts on a song from 2000, “Umma Do Me”, expressing his initial dislike for its message of individualism. [01:23] He emphasizes the importance of following one's own dreams and aspirations, rather than letting others dictate one's path. [2:47] Follow your own dreams and aspirations, despite potential obstacles. [4:44] Johnoson encourages listeners to take action on their goals and dreams and not let criticism from others stop them from pursuing what they believe in. Mentioned in this podcast: Connect with Johnoson Crutchfield for coaching sessions at https://www.linkedin.com/in/grabthemap. If you are interested investing in real estate and make connections, shoot an email [email protected]. Read on some of our blogpost http://grabthemapllc.com/.

Struggling to finish your task or work? In this episode of Grab the Map, Johnson Crutchfield shares his 5 tips on accomplishing more stuff and making your day very progressive. Utilizing these easy but effective tips will surely change your life. [0:48] To boost productivity, focus on things you're passionate about. When work feels enjoyable, you naturally work harder. Find activities that resonate with your interests, making the process feel less like a chore. Passion fuels productivity. [1:33] Share your goals with others. Informing people about your objectives invites support, making it easier to achieve tasks. Whether it's finding a property, pursuing health goals, or personal development, involving others can be a valuable aid. Compensate when possible to acknowledge and appreciate their assistance. [2:19] Use the time-blocking method. Dedicate specific time intervals to focus on one task without distractions. For example, set aside 20-30 minutes to complete a task, turn off notifications, and avoid interruptions. By consistently blocking your time throughout the day, you can achieve more without the interference of social media, calls, or messages. [3:23] Own your outcomes by taking responsibility. Avoid blaming others when things don't go as planned. Recognize that you have the power to make necessary changes—whether it's adjusting people, relationships, locations, timing, or projects. Embrace responsibility while still utilizing delegation as needed. [4:06] Prioritize long-term gains over short-term comforts. This entails making strategic sacrifices now for greater returns in the future. Whether it's investing more time, money, or effort upfront, the enduring benefits will significantly impact your life. Mentioned in this podcast: If you are interested in investing in real estate and making connections, shoot an email to [email protected]. Visit our website at https://grabthemap.com/

Looking for your first deal? Want to increase the flow of your deals? In this episode of Grab the Map, Johnoson Crutchfield dives into the art of finding the right deals. Whether you're a newcomer eager to land your first deal or a seasoned investor aiming to boost your deal flow, this episode is packed with strategies to help you succeed. Let's explore the importance of fishing in the right pond, maximizing ROI through distressed properties, and aligning your strategy with your passion. [0:58] For the past month, Johnoson has talked to people looking to find their first deal or wanting to increase the flow of their deals. This gives him the idea of sharing his strategy to successfully find and close deals. [02:00] To succeed in finding deals, focus on where you're looking. Whether you're experienced or just starting, the key is choosing the right place to search for opportunities. With various methods available, you can explore different avenues to discover valuable deals. [2:17] If you want to make a quick $500 to $1,000 with minimal effort, consider checking the MLS or posting in Facebook groups to find opportunities. In some competitive markets, listing anything for sale can attract buyers willing to pay extra, providing a potential quick profit. [3:45] The first component in fishing in the right pond for those aiming at substantial growth and scale is investing most of your efforts in distressed scenarios. [4:28] Focus on distressed properties that offer significant value compared to their potential worth. Look for properties that are undervalued to maximize your potential return on investment. This strategy is crucial for increasing deal flow and achieving success in real estate. [6:18] In the right pond, your strategy, in other words, your bait, must align with your passion and belief in yourself. Whether it's direct mail, cold calling, door knocking, or text messaging, choose a natural and enjoyable method. [7:09] For Johnoson, his best bait is the relationship approach, where he connects with people, checks in on them, and discusses anything, including potential deals. His strategy is spending time on the phone, building connections, and showing genuine interest in others. [7:53] In conclusion, just make sure you are fishing in the right pond if you want to find deals. Mentioned in this podcast: If you are interested in investing in real estate and making connections, shoot an email to [email protected]. Visit our website at https://grabthemap.com/

In this episode of Grab the Map, Johnoson Crutchfield is thrilled to have a conversation and explore Henry Washington's journey into real estate investing. Henry will share his inspiring story about the challenges he faced at the beginning, important moments that shaped his path, and how real estate has made a positive impact on his life and community. [2:18] Henry's real estate journey began after he had a panic attack and wanted to find additional ways to make money. Despite facing initial challenges like having bad credit and limited savings, he immersed himself in learning by attending meetups and networking events. By confidently presenting himself as an investor, he secured his first real estate deal and learned how to navigate the process. Within 90 days, he went from feeling uncertain to finding success in the real estate market. [8:10] Henry reflects on how his background in analyzing business data at Walmart helped him develop professionalism, numerical analysis skills, and presentation skills that are important in real estate investing. [10:36] Prioritize facts and data over emotions when making decisions, similar to the approach taken when analyzing business data to make more informed and rational decisions in real estate investing. [13:02] Real estate has allowed Henry to positively impact his community and fulfill his purpose. It has helped him overcome financial struggles and build generational wealth. Henry sees real estate as a way to leave a lasting legacy and help others improve their lives. [17:19] Henry explains his simple decision-making process for real estate deals, which involves consistent marketing efforts and strict criteria for rental properties and flips. [18:38] Thoroughly analyze each deal and ensure that it aligns with your financial goals to make more informed decisions and increase your chances of success in real estate investing. [20:51] Henry takes a flexible approach to determining profit margins in real estate deals. He adjusts his expectations based on market conditions, risk factors, and the specific details of each deal. While he uses the 70% rule as an initial guide, he calculates profits dynamically for each deal. [22:19] Having a supportive spouse is crucial in real estate investing. Henry truly understands the importance of a strong partnership and how it provides much-needed stability and motivation throughout the ups and downs of entrepreneurship. He and his wife embarked on the exciting real estate journey together, eagerly learning and making sacrifices as a team, which not only strengthened their bond but also significantly improved their financial prospects. [30:16] Henry's long-term goals in real estate are to acquire 10 to 15 rental properties and complete 10 to 15 flips annually. Instead of aiming to build a large operation, he prefers to maintain a hands-on approach and directly help sellers. His focus is on steadily building wealth for his family while enjoying the process and staying true to his personal aspirations. Mentioned in this podcast: Connect with Henry Washington for coaching sessions at https://henrywashington.clickfunnels.com/order-485129501621009952063 If you are interested investing in real estate and make connections, shoot an email [email protected]. Read on some of our blogpost http://grabthemapllc.com/.

In this episode of Grab the Map, Johnoson Crutchfield interviews Jamel Gibbs about his 20-year journey in real estate investing. Jamel shares his story, facing challenges like losing everything in the housing market crash, and rebuilding his portfolio through wholesaling. [1:32] Jamel started investing in real estate in 2002 by buying properties to fix and flip in Pennsylvania. However, he lost everything during the housing market crash in 2007-2008 because he had borrowed too much money. [4:38] To start investing again, Jamel started wholesaling properties to generate the money he needed. He also began doing creative deals like lease options. [13:05] Over his 20-year career, Jamel has accumulated over 2000 properties. He focuses on buying and holding properties for long-term cash flow through rental income. [13:26] Jamel stresses the importance of cash flow in real estate investing and gives examples of how he generates $80,000 per month in passive income. [14:35] Jamel achieved semi-retirement at the age of 30 by working only 3 days a week. He accomplished this by building passive income streams through real estate investments. [16:24] Jamel's goal is to own a total of 5000 rental units by the time he turns 50. He currently owns properties in his local market and is also considering investing in countries like Ghana, Namibia, and Puerto Rico. Mentioned in this podcast: Connect with Jamel Gibbs for investing in real estate at https://reieducationacademy.com/. If you are interested investing in real estate and make connections, shoot an email [email protected]. Read on some of our blogpost http://grabthemapllc.com/.

In this episode of Grab the Map, Johnoson Crutchfield discusses three interesting strategies you can apply to snag a real estate deal! [0:55] Johnoson talks about losing out on a deal. [1:21] Johnoson advises to talk to at least 10 property owners—like family, neighbors, or friends. Tell them you're looking to buy a property at a discount to improve and make money. Ask if they know anyone selling a property that matches your criteria. [2:49] Another way to find a deal this week is by checking the MLS for properties that have been listed for over 200 days in a market you like. Contact the realtor, express your interest in talking to the owner about buying the property, and see if there's a potential deal, especially if the property has been on the market for a while and maybe distressed. [4:00] Making a social media post is crucial. Go to a chat room or forum where over 500 people can see it and post that you're looking to buy a distressed property, something that needs fixing and will be worth more after repairs. If you don't have 500 friends, avoid posting it on your personal page, but share it where a larger audience can see it. Mentioned in this podcast: If you are interested in investing in real estate and making connections, shoot an email [email protected]. Read on some of our blogpost http://grabthemapllc.com/

In this episode of Grab the Map, Johnoson Crutchfield is excited to invite and talk with Mike Mannino about Mike's involvement in the real estate business. They discussed various aspects of Mike's real estate journey, his background, insights into his motivation for getting into real estate, and much more! [0:56] Mike began his real estate journey by purchasing and renovating single houses. Over time, he expanded his business, completing over 80 houses since he started working full time in 2017. In 2020, he shifted his focus to buying and wholesaling apartment buildings. [1:57] At 16, Mike worked at McDonald's for $6.55/hour, realizing the challenges of the rat race. Balancing school and work, he saved $14,500 by age 19. In 2012, amid Michigan's recession, he bought his first house for $65,000, a foreclosure with significant issues. Excited about homeownership, he used an FHA loan with a three and a half percent down payment. This experience marked his entry into real estate. [5:59] Mike's motivation for success in real estate stems from his father's physically demanding job as a contractor. Witnessing the toll it took on his father, he was determined to avoid a similar fate. [9:40] Mike shares the story of Olivia, his office manager, who went from earning $35,000 a year to making over $100,000 annually through her work with him. [11:55] Mike follows a straightforward decision-making process based on basic math. He aims to buy houses at 70% of the after-repaired value minus repair costs and focuses on first-time homebuyer houses in Michigan. [17:16] Prioritize becoming proficient deal finders, as the ability to locate opportunities can lead to various monetization options and provide valuable learning experiences in the real estate industry. [20:24] Mike shares a recent success story of acquiring a distressed house for $35,000, with an estimated after-repaired value of $200,000. The property, plagued by issues like raccoons and condemned status, became a lucrative opportunity due to the seller's need to unload the burden. [24:27] It's important to document your real estate journey. Start with weekly posts on social media to showcase the process of buying and fixing houses. By sharing videos and updates, you can generate interest and capital for your business. [30:12] Mike describes his seemingly "boring" yet fulfilling daily routine. He values being physically active, often going to the gym with his girlfriend in the afternoon and takes advantage of the flexibility to spend time outdoors, given his move to South Carolina, where he has a pool and a boat. [32:56] Mike talks about his social media presence on Facebook. [34:05] You can navigate the often lonely and scary world of real estate by connecting with people at the level you aspire to reach. Leveraging networks and seeking guidance from those who are more experienced is very crucial. Mentioned in this podcast: Connect with Mike Mannino on Facebook at https://www.facebook.com/MikeManninoII/ If you are interested investing in real estate and making connections, shoot an email [email protected]. Read on some of our blog post http://grabthemapllc.com/

The real estate is a very high-risk, high reward business. Proper knowledge in how things work. In this episode of Grab the Map, Javier Hinojo talks about his humble beginnings on real estate, what he did to learn most of the knowledge he knows and how he does his business nowadays. [1:57] Javier talks about how he started in the real estate business six and a half years ago. He mentions how a mastermind from 2 years ago inspired him to do more with his business. He ended up getting 696 doors within 2 years. [4:16] He explains how hanging out and talking to people who does more business than him helped him out with getting more business too. [5:23] Putting yourself out there and connecting with people will help you get what you need. [7:20] Javier talks about not having met people yet who made it while doing real estate on the side apart from their full-time job. [9:57] Javier says that if you want to do something, why wait? Why waste the opportunity to start immediately? That what you should do need to depend on what you believe you can do [11:19] Investors with lots of experience who coach people who want to learn about the business forget to teach the very basics and fail to mention the simplest stuff because they believe they're way beyond it. Unfortunately, that doesn't apply to beginners, and you will be confused with everything, Javier says. He also mentions that you really do have to spend less time with your family if you really want to become successful and quoted “If you can't get in the room, serve water”, implying to throw yourself out there and meet more people because he believes that that's the key to networking and building confidence. [14:22] Javier talks about his decision-making process in his deals. He says that he has five checkboxes and that if it checks at least 3 boxes then he's absolutely going to buy it. No emotional attachment. [15:31] Javier answers the question about a favorite project he's done lately. He reminisces about buying a unit building in Houma, Louisiana where they made a very good profit and things have been looking good so far. [18:39] His wife wasn't involved a lot in multifamily just in single family, Javier says. Nowadays though, she has been staying at home with the kids because she likes it, which Javier says he is fine with. [20:56] Javier mentions how the biggest thing for him is the people he gets to network with. The connections and friends he made through it is very cool to him. [24:23] The two things Javier want to leave with is the first step: that you should believe in yourself that you can do it in the first place. Another is to hang out with the right crowd. Once you do these two things then you are good to go. [25:08] Javier talks about meetup events in Raleigh and Cancun. Connect with Javier Hinojo on Instagram https://www.instagram.com/javierhinojojr, on Facebook https://www.facebook.com/JavierHinojoJr or through his website https://javierhinojo.com

Real estate is a very risky business to undertake. You need to be very determined and have ample knowledge if you want to survive in such a career. In this episode of Grab the Map, David Olds tells us about what got him started in the real estate business in the first place, what he did to learn most of the knowledge he knows and how he does his business nowadays. [0:53] David mentions that in the lifecycle of being an investor, everybody's just hopefully looking up and trying to grow. [1:38] David grew up in Boston. He went to the University of Massachusetts and got a degree in criminal justice. He talks about doing various jobs like being a retail manager and working in a hardware store. He got interested in the real estate business when him and his wife got married and bought their first house in 2002 when the realtor told them about foreclosure. He also went to a RIA meeting when he read about it in the book Rich Dad, Poor Dad. [5:57] He got anxious a few days before the conference because he's very introverted, but David says it was one of the best decisions he ever made because he learned a lot about real estate because of it. During the great recession, he sold everything and decided to move to Chattanooga, Tennessee with his wife and brother because of real estate prices dropping heavily everywhere else. [8:07] David wasn't exactly a full-time real estate investor once he moved. He still had a regular job and just did the real estate business every chance he could. [8:37] He says that they were successful because they were willing to do what nobody else would do, work very hard for it and because they were “too stupid to quit”. He talks about putting up a hundred bandit signs every Friday night and how much hard work it requires to do just that. [12:41] David explains how he runs his business nowadays. He says that he spends the most time in wholesaling bid because that's where the active investing is. His company is split into different departments who handle different types of work. They do their business on a big scale, which attracts joint venture businesses with investors all over the country who they help with their unsellable properties. [14:32] His business is mostly marketed in the 37 disclosure states, but they still do deals with the other non-disclosure states. He says its because its easier to do business in the states where public information on the sale can be readily available. [16:01] David talks about the problems he had with not being able to loan because he didn't have enough credit to his name. As expected, the recession did nothing to help and just made it worse for him because banks didn't lend as much money as they used to because of it. David took a course of someone called Chris Kirschner where he learned about owner financing. He says that great credit is unnecessary when the owner can finance it to you. There is always a way, you just have to think about it hard enough. [20:55] David's team was small when they just started. It was just him, his wife, and his brother. He says that they didn't have a lot of money but instead, a lot of time. They all spent it in renovating the properties they bought. They decided to build an office when they realized they didn't want to pick up rent from people. He mentions that they went all the way to around 70 properties with that small team they had. [25:39] David gives a very interesting analogy about a big hill and a wagon to explain what they went through to get to where they are now. He says it took 4-5 years to sort everything out in the business like tax management and various other things. [30:19] David says that its nice having freedom and flexibility as an entrepreneur even though they work harder for themselves than anybody else. Him and his wife were able to travel to places they wanted to go and create the life they wanted to because of it. [33:26] Doing the dirty work yourself gives you an idea how much things would cost and prevent you from overspending on quoting somebody else, which saves you so much money on the long run. Connect with David Olds at https://www.instagram.com/davidoldsrei