Investor Creator Podcast Brad Smotherman

Today, we take a look at the beginnings and the struggles we experienced when entering the real estate business. We are going to offer you some perspective on bad times to help you turn your setbacks into your comebacks.

What We Cover:

- Deal of the Day

- How to re-frame everything negative that has happened to you

- How your struggle serves to build your program

- Remember that you never have a full context about people

- Examples of difficult transactions we had, and what we learned from them 

There’s a lot of benefits and value in the struggle. Struggling means that you don’t have the whole context yet of what’s not going well and how to change it. Although riding the roller coaster can be emotionally exhausting, you get to learn from your bad times, and you'll see that over time, most things will work out.

Email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.

Resources:

- TMC #3 - Context is Everything in Real Estate Investing https://apple.co/3QdxHfn

- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005

- Follow us on TikTok https://www.tiktok.com/@bradsmotherman

- Website https://www.bradsmotherman.com

 

What does it mean to stay in hope and why does it matter in these times? Today we talk about how staying in hope can help us define and have clarity about what we want in our future. Hope is part of the narrative we tell ourselves as we try to build a state of mind that believes in a brighter future. This episode is a follow up on the last week's episode and tackles why you need to remain focused on the input to create the output you desire. 

What We Cover: 
- Deal of the Day 

- Falling in love with the idea of being the only one that is doing it out there

- How hope can be a factor of certainty

- Certainty as the factor of time frame. What time frame are you putting yourself on?  

- Where to find a community that levels you up 

- Remember the Triple A - Affirmation, Abundance Training, Anchors

It is much easier for one person who already has done one deal to do the second one. This is why you need to fall in love with the journey first, and keep in mind that it is a journey that never ends. Remain committed to the process. Be intentional with your affirmations, write down your commitments and then anchor your goals. Your journey of growth starts today.


Email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.


Resources:
- TMC #20 - Real Estate: Journey vs. Destination https://apple.co/3oOhHEM

- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005

- Follow us on TikTok https://www.tiktok.com/@bradsmotherman

- Website https://www.bradsmotherman.com

In real estate, if you’re not growing, you’re dying. Incremental improvements have to be your continual focus. Today we discuss how to take the reins of your business, and as a business owner, how to nurture the mindset where you define your own success. 

What We Cover: 
- Deal of the day 

- The rise of foreclosure as motivation in the current market 

- You’re not buying a house, you’re buying a problem 

- Perspective leads to expectation, and expectation will create a new perspective 

- The real value of micro-improvements and the compound interest analogy

- Why negotiation is the highest paid hard work and the lowest paid easy work 

- Why focusing on your input is more important than focusing on your output 

Once they start happening, things can happen really quickly in real estate. But before they do, the key that people often miss is consistency. Most people’s expectations are not based on what they are actually doing, but on what other people have done. Don't forget that everybody is just running their own race, and don’t compare yourself to others. It's your daily input that shapes your destiny. 

Email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.

Resources:

- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005

- Follow us on TikTok https://www.tiktok.com/@bradsmotherman

- Website https://www.bradsmotherman.com

This Tuesday Morning Coffee is all about equity: the difference between price and term equity, and why we currently have a true but incomplete idea of what equity really is when it comes to real estate. We discuss the common path where everybody tends to take more price equity when there are considerable benefits to term equity that often get overlooked.

What We Cover: 

- The upcoming Mastermind and other company event updates

- Deal of the Day 

- The true but incomplete idea we're holding about what equity is in real estate 

- Differentiating term equity vs. price equity 

- Price is a function of terms; you can pay any price if the terms are correct. 

- How to control the asset without the liability of ownership

- How to craft better deals where you can benefit from term equity


There is no wrong way to do a good deal; it’s just shades of grey as to which is the most right. However, while flipping houses is a good thing, it is never going to retire you, but creating cash flow will. Bear in mind that there is going to be more advantage in the coming market by doing term equity deals than price equity deals. 

Email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.


Resources:

- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005

- Follow us on TikTok https://www.tiktok.com/@bradsmotherman

- Website https://www.bradsmotherman.com

This week, Tony and his special guest Big Paulie talk about why mid-year can be a great time to review your goals, and recognize you still have plenty of time to turn your ship around. As we've entered the second half of 2022, you can still accelerate your speed to gain significant momentum towards your goals for this year. 

What We Cover: 

- Half a year in review: what are your goals to move forward to?

- What it’s like setting goals for an investigation company 

- Why the second half of the year tends to be more productive 

- How to stay fluid and ready for anything to happen 

- What scarcity mentality does to you and how you can snap out of it 

- Expect things to be difficult but stay focused on what’s ahead 

Mid-year can be an opportune time to reflect on things you need to recalibrate. The important thing to remember is to give up scarcity mentality and expect difficult things to happen. Things in life disappear to make room for something new. You only need to remain focused on what’s ahead and keep a positive mindset. 

Email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.


Resources:

- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005

- Website https://www.bradsmotherman.com


 

Today we're talking about why we don’t do lease options as a business model. Actually, the only times when we’re doing short-term lease option is when we’re transferring the deal to medium or long-term owner financing. So we want to compare and contrast lease options vs owner financing and explain why we've chosen the latter. 

What is Covered: 

- Pro-lease arguments and why they don't really work

- When having appreciation is not an advantage at all

- Does it make sense to use depreciation for tax advantage?

- What really happens when the deal goes bad and you're on lease option

- A potential benefit short-term lease option - double dipping

- The benefits of owner financing:

- There is not that much liability when holding notes as opposed to lease contract

- There’s no vacancy in repair with owner finance model, whereas when you get the house back from a lease you always have to do some repair 

-  You get big down payments so the foreclosures don’t hurt you

- Owner financing is highly scalable

-  Con to lease option: from the buyer perspective, you have no control

- Con to owner financing: it doesn’t seem real at first until you cash out the first time

So have a think about these arguments, and email us at support@bradsmotherman.com if you have a question you’d like answered on one of the following Tuesdays.

Resources:
- Join The Investor Creator Community https://www.facebook.com/groups/3083532848354005 

- Website https://www.bradsmotherman.com