Building a Profitable Real Estate Business Through Mentorship with Terry Thayer



In today’s episode learn how the power of proximity can elevate your business.ย 

Terry Thayer has been an entrepreneur since a small child selling anything he could. In 1997 he opened his first real business as a contracting business. In 2002 he became a real estate investor and has been ever since. Up until 2012, he always did things the hard way until he learned the power of mentorship and financial education. After being exposed to this he became obsessed with how to find better ways of building successful businesses.

Today he invests 10โ€™s thousands of dollars yearly in his personal development. Of the many businesses he owns producing millions of dollars annually, he works less than 5 hours a week total. Most of his time is spent coaching his team to be better and coaching other entrepreneurs on how to avoid the mistakes he made over the years. Other time is spent working on new ways to make money online including his Ecommerce Automation company. He is a big believer in making more while working less.

Make sure to watch/listen to the full episode as Terry answered our HOT SEAT questions directly to the point and learn actionable tips and key metrics that will help you along your journey.

 

 

๐Š๐„๐˜ ๐“๐€๐Š๐„๐€๐–๐€๐˜๐’:

  • 03:25 Terry contractor journey to getting into flips, buy and hold.ย 
  • ย 09:26 Split partnership in 2008 and started anew in 2012 using Private Money
  • 11:40 Terryโ€™s introduction to real estate wholesaling
  • 13:15 Marketing tactics on how to find deals โ€”reveal!
  • 16:58 Terryโ€™s team structure and tips in managing properties in Single-Family Unitsย  in the Downtown Metro area
  • 20:59 Terryโ€™s development company transitions to wholesale company.ย 
  • 24:59 Importance of using a reliable skip tracing system.
  • 26:48 Working for 5hours a week but producing really cash flow evolution.ย 
  • 27:44 How to step up a business to the next level!
  • 37:10 Get to know Terryโ€™s Tab Platform
  • 41:08 Whatโ€™s next to Terry and his team โ€”reveal!
  • 43:04 Terryโ€™s answered the HOT SEAT Questions Round

 

 

Tweetable Quotes:

“Things are going to be great, but it’s not going to be easy in getting there, so just be patient and it will come”. – Terry Thayer

“Having the right coaches, putting the right systems, processes, and people in place allows me to grow and do the businesses that I do today”. – Terry Thayer

 

 

Connect with Terry Thayer at:

Facebook

Instagramย 

LinkedInย 

Twitterย 

Clubhouseย 

 

 

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Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don’t forget to leave a short review on iTunes.

Also, if you want to learn more about real estate wholesaling, feel free to visit my Website and Youtube channel.ย  If you get value from the videos and content weโ€™re putting out, please subscribe.โ €

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Schedule Your 15 Minutes Free Consultation with Marcus at:
Marcusemaloney.com

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๐†๐ซ๐š๐› ๐ฆ๐ฒ ๐…๐‘๐„๐„๐๐ˆ๐„๐’ ๐‘๐ž๐ฌ๐จ๐ฎ๐ซ๐œ๐ž๐ฌ ๐Ÿ๐จ๐ซ:

Purchase Contract:ย 
Assignment Agreement Link:ย 
15 Questions to validate your seller:ย 

 

 

๐‰๐จ๐ข๐ง ๐จ๐ฎ๐ซ ๐œ๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ญ:
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Also, find the show on Feedspot:ย https://blog.feedspot.com/real_estate_podcasts

Enjoy the Real Estate Journey!