Investor Creator Podcas‪t‬ Brad Smotherman

Matt DiBara is the owner of DiBara Masonry, Founder of The Undercover Contractor and CEO of Confident Homeowner. In this episode we talk about how to find, vet, hire and manage contractors for rehabbing and other construction projects. 
What Is Covered:
- The shift in the relationship between contractors and homeowners
- Why you need to have 8-10 potential contractors on your initial list
- The difficulties with vetting general contractors
- Negotiation and hiring the chosen contractor
- Management practice: 3 1/2 S's - safety, standard, schedule, $ - dollars
- The biggest mistakes people are making when hiring contractors
Resources:
- The Undercover Contractor by Matt DiBara https://www.theundercovercontractor.com/
- The Undercover Contractor YouTube Channel https://www.youtube.com/channel/UCizCGnT3AApma5Qb5rUIREw
- Connect with Matt DiBara https://www.instagram.com/mattdibara/
 
Interested in learning more about real estate investing? Sign up for Brad's apprenticeship group at brad@bradsmotherman.com and let's talk!
 

The voicemail you hear at the beginning came in the other day because of a transaction that went sideways.
How do you deal with angry people like this?
There will always be people who are upset by you, but usually it has nothing to do with you. And when someone gets this much upset over what was basically a good deal, they probably need bigger problems in their life.
The takeaway here is don't sweat the small things, focus on your goals. 
Talk to you soon!
 
Interested in my apprenticeship group? Shoot me an email at brad@bradsmotherman.com and let's talk!
 

Each Tuesday, my apprenticeship group gets together to share and discuss deals, and put in practice everything that we teach about real estate investing fundamentals here at The Investor Creator. 
You'll hear a lot of numbers, smart thinking and decisions, negotiation tips, and examples of potential home run deals. 
Enjoy! 
Interested in my apprenticeship group? Shoot me an email and let's talk!

The 70% rule says that you want to be all in on a property at 70% of its value or less.
But does it work in today's market? Should you really offer 85% as some people are advising?!!
Hell no.
First, just because your deals are not getting accepted, doesn’t mean your offer is bad. It rather means you need to work on lead generation.  
And second, even you're good at lead generation, you still need to know how to negotiate.
So stay within conservative values.
Stop making offers.
Just stop.
 
Interested in my apprenticeship group? Shoot me an email at brad@bradsmotherman.com
 

In Part 3 of our goal setting workshop, we're going to set our goals for 2021 in the right way - using the right focus, KPIs, time frame and support system, so we can get excited about these goals and have the energy to achieve them by the end of the year. 
What We Cover:
The elements that create a good goal
The common mistakes in goal planning
What KPIs to measure in order to track your goals
How to allocate your results quarter by quarter of the year
AAA - anchors, affirmations and abundance training
The power of your peer group in achieving your goals
How to get started with the action plan
So now you have the exact framework for setting and achieving your business goals in 2021. Remember that you need to make a decision first on what kind of year you want to create for yourself, and to commit to that decision. Only then you can follow the steps outlined in this goal setting intensive in order to succeed. 
Good luck!
Goal Setting Intensive Part 1 - https://www.bradsmotherman.com/blog/podcasts/goal-setting-intensive-part-1/
Goal Setting Intensive Part 2 - https://www.bradsmotherman.com/blog/podcasts/goal-setting-intensive-part-2/
Apply for Brad Smotherman's Apprenticeship Group at brad@bradsmotherman.com 
 

In Part 2 of the Goal Setting Intensive for 2021, we are doing the Belief Busters exercise, talking about Playing to Win vs. Playing not to Lose, and starting to shape our goals for this year. 
What We Cover:
Why the biggest obstacle to achieving our goals are ourselves
How preparation can help us deal with almost anything that happens
The power of unconscious and the Belief Busters exercise
Mindset shifts - playing to win vs. playing not to lose
Set some time aside tonight and do the homework for tomorrow - come up with four things you want to believe about yourself and do the Belief Busters exercise; think about your priorities and how you play your game; write down a few goals you want to hit in 2021.
And keep in mind - a good plan executed over time will always work.
See you tomorrow!
Resources:
Goal Setting Intensive Part 1
Goal Setting Intensive Part 3
Apply for Brad Smotherman's Apprenticeship Group at brad@bradsmotherman.com