44 episodes

This podcast is made to work on both mindset and knoweldge of new and established real estate investors alike. The show host is an active real estate investor who offers advice, interviews guests for added perspective, and uses guest feedback to make sure your questions are answered.
Shownotes:
Welcome to the Grab the Map Podcast, where we encourage you to invest in rental real estate. Don't just look at it, grab the map.

Have you thought about doing something for a long time, but not acting? Maybe you saw "signs" that it was time to do something but you wanted to educate yourself first: study, work, practice, or talk. I've wanted to start a podcast for a while, ordered materials, thought about my topics and guests, plus how to differentiate.

Since I've begun investing in real estate, I've been helped by many people. They've talked me off ledges when I was ready to quit and helped me with the investor mindset. I want to give back to the community. It's not always easy for me to talk to new groups of people, but what makes it easy is my passion about cashflow and changing perspective.

[3:30] Today's topic: where my mind-frame is. I'm a real estate with many rental properties, primarily in Texas and Mississippi. I like helping people and restoring my community. My workout this morning didn't go as planned, I received negative calls from funding institutions, and some contractors were moving slowly. No day is perfect. If I waited for the "stars to align" to start this podcast, we wouldn't be talking. I would have never started. As you get started (or keep going) in real estate, be willing to re-align even on imperfect days.

[05:55] I'm 32 years old. I've been married 13 years with two children. (On the next episode, I'll talk more about my story.) One of my favorite phrases is: "If it was easy, everyone would do it." It applies to real estate investing, taking action, and creating cashflow. Why doesn't everyone invest in real estate, buying houses, duplexed, triplexes, apartments, and rent them out? If I said you could own a property that pays out $1200 per month with $800 in monthly expenses, and you pocketed the difference, everyone would want that $400 per month!

[07:50] The truth is, dealing with tenants is difficult. What if they don't pay? What if they wreck your house? What if they sue you? What if the tenant disrespects you, trashes your name in the community, has pets, is not clean? What if the toilets, air conditioning, plumbing, foundation or roof go into disrepair? It's not a W-2 that always pays you on a set date every month. You're creating your own paycheck.

[09:20] Everyone's heard horror stories about contractors who take money without working, who don't know what they're doing, or put liens on properties for uncompleted work. What about the contractor who promises a lot but can't complete? Or does something surface-level only? Will you have no time and lose your family? What about financing? How can I buy 5, 50, or 500 houses? How do I get the money AND pay my bills?

[11:25] It will increase your family's net worth, and all of those above fears are true. If it was easy, everyone would do it. We're asking you to find a house worth $100,000, buy it for $40,000, fix it up for $40,000, and have $20,000 equity in that house. Find a deal, which is hard in this market. I never invested during the "easy" times.

[12:20] I want to create an environment where we look at the real things about the real estate investing business, talk about them and develop solutions to these problems. In the meantime, think about this: If it was easy, everyone would be buying houses, fixing them up, and selling them at a profit. It's not easy. You're doing something that most people won't do, so you can live the way most people won't live.

[14:20] Will you take the time to think about why it's hard? Or will you take the difficult route and do what's hard, and not submit to what's easy? It's time for you to invest.

If y

The Grab the Map Podcast: Real Estate Investing Info and Advice for All of Us Johnoson Crutchfield

    • Business
    • 5.0 • 6 Ratings

This podcast is made to work on both mindset and knoweldge of new and established real estate investors alike. The show host is an active real estate investor who offers advice, interviews guests for added perspective, and uses guest feedback to make sure your questions are answered.
Shownotes:
Welcome to the Grab the Map Podcast, where we encourage you to invest in rental real estate. Don't just look at it, grab the map.

Have you thought about doing something for a long time, but not acting? Maybe you saw "signs" that it was time to do something but you wanted to educate yourself first: study, work, practice, or talk. I've wanted to start a podcast for a while, ordered materials, thought about my topics and guests, plus how to differentiate.

Since I've begun investing in real estate, I've been helped by many people. They've talked me off ledges when I was ready to quit and helped me with the investor mindset. I want to give back to the community. It's not always easy for me to talk to new groups of people, but what makes it easy is my passion about cashflow and changing perspective.

[3:30] Today's topic: where my mind-frame is. I'm a real estate with many rental properties, primarily in Texas and Mississippi. I like helping people and restoring my community. My workout this morning didn't go as planned, I received negative calls from funding institutions, and some contractors were moving slowly. No day is perfect. If I waited for the "stars to align" to start this podcast, we wouldn't be talking. I would have never started. As you get started (or keep going) in real estate, be willing to re-align even on imperfect days.

[05:55] I'm 32 years old. I've been married 13 years with two children. (On the next episode, I'll talk more about my story.) One of my favorite phrases is: "If it was easy, everyone would do it." It applies to real estate investing, taking action, and creating cashflow. Why doesn't everyone invest in real estate, buying houses, duplexed, triplexes, apartments, and rent them out? If I said you could own a property that pays out $1200 per month with $800 in monthly expenses, and you pocketed the difference, everyone would want that $400 per month!

[07:50] The truth is, dealing with tenants is difficult. What if they don't pay? What if they wreck your house? What if they sue you? What if the tenant disrespects you, trashes your name in the community, has pets, is not clean? What if the toilets, air conditioning, plumbing, foundation or roof go into disrepair? It's not a W-2 that always pays you on a set date every month. You're creating your own paycheck.

[09:20] Everyone's heard horror stories about contractors who take money without working, who don't know what they're doing, or put liens on properties for uncompleted work. What about the contractor who promises a lot but can't complete? Or does something surface-level only? Will you have no time and lose your family? What about financing? How can I buy 5, 50, or 500 houses? How do I get the money AND pay my bills?

[11:25] It will increase your family's net worth, and all of those above fears are true. If it was easy, everyone would do it. We're asking you to find a house worth $100,000, buy it for $40,000, fix it up for $40,000, and have $20,000 equity in that house. Find a deal, which is hard in this market. I never invested during the "easy" times.

[12:20] I want to create an environment where we look at the real things about the real estate investing business, talk about them and develop solutions to these problems. In the meantime, think about this: If it was easy, everyone would be buying houses, fixing them up, and selling them at a profit. It's not easy. You're doing something that most people won't do, so you can live the way most people won't live.

[14:20] Will you take the time to think about why it's hard? Or will you take the difficult route and do what's hard, and not submit to what's easy? It's time for you to invest.

If y

    The Podcast Is Back

    The Podcast Is Back

    It's been a while since new episodes were released. In this episode of Grab the Map, Johnoson Crutchfield is happy to announce that the podcast is back. He shares with us some things we should look forward to in the upcoming episodes and what he has been up to during the past year.
    [00:11] It's been a while since a new episode for Grab the Map was released. John has shared how there are many things we should look forward to in the podcast. During the past year, he focused more on developing himself, especially his health. The podcast is now back, and we should look forward to more amazing episodes.
    [02:18] A lot has happened since the last episode was uploaded. For today's episode, John will be sharing what he has been working on since then.
    [02:58] The company is still growing and continuously buying real estate.
    [03:47] As a former teacher, John aims to teach and bring impact to families and communities. Real estate gave him that opportunity, and he was able to impact people's lives, communities, and, most importantly, his family.
    [04:28] During the last 11 months, John purchased self-storage units. He was able to buy approximately 160 units from 3 different facilities, and he did this to diversify his income. John also shared that there will be a podcast episode that will be released tackling all about self-storage.
    [06:40] Aside from self-storage, John bought two motels. He shared that it was a different experience since they needed to work on staffing, inventory, marketing, and more.
    [07:41] John also entered a partnership in 2021. Even though he is no longer in that partnership, it was still a whole new experience for him, and he was able to learn a lot from that experience. A podcast episode will be released which will discuss everything about partnerships.
    [08:48] John also started expanding his reach on people. He told people that he was in the real estate business and started promotions. During this time, he met a lot of amazing people, and some of them even expressed interest in investing capital in the company. He was able to secure deals which led to him buying more real estate properties.
    [09:32] He is also working on the launch of Grab the Map Education, a mentoring and educational program that focuses on real estate investing.
    Check out https://grabthemap.com/
    If you are interested in investing in real estate and making connections, shoot an email at grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/.

    • 12 min
    Episode 43- How Big Thinkers Grow in Real Estate with Jennings Smith

    Episode 43- How Big Thinkers Grow in Real Estate with Jennings Smith

    In this episode of Grab the Map, Johnson Crutchfield is excited to invite and talk with Jennings Smith about how to survive in real estate, and how to make your investment grow overtime. Smith will tell his story to you about his origins.
    [1:48] Smith is a contractor. He got his license at the age of 19. He was able to accomplish a lot, like built houses, remodeled houses. Smith went through the recession and was heavily involved in renovating houses, but he got tired of doing it.
    [02:29] When he got frustrated from all his work as a contractor, that led him to make a franchise model called Alair Homes. This also puts him to the path to serious self-development and investing in myself.
    [04:38] He started getting the right rooms, and it's started with a layer that there was a $50,000 franchise fee. It's now I think $80,000.
    [05:45] Smith joined a mastermind with Mark Evans's dealmaker family, and he has a group of 33 entrepreneurs, high-level business owners. And it's invite-only. And after he saw what we were doing for a while. It costs him $35,000. No matter the fee, he still joined the program. He sticks a thought into his mind that he is worth as much as how much money he spend.
    [10:28] Sharing your successes, Smith thinks that it is important. Because people want, they want to hear that they need to see that because there are so many people that are not doing anything. And so if you're getting traction like if you close the deal, post the deal, you don't know who's looking who wants to maybe invest with you.
    [12:25] The first deal Smith did was buying a double-wide that had been abandoned AC ripped out. It is when the father of his friend taught Smith that a mobile home park is a good investment.
    [15:14] He found this 12 unit in North Carolina $250,000, the guy wanted for it. And it was losing money. It was occupied, it was in good shape, but it was not in good shape, financially. He took that deal with 30% down and then financed the other 70%.
    [19:09] You've got to go into that battle, knowing what you're worth and what you have.
    [22:27] For Smith, it's all about the trust. It's easy to promise big returns. He knows how mitigates risk. Aiden and Smith were able to raise $5.4 million in two years in actual cash down payments from investors.
    [24:06] The bigger your portfolio gets, the you need more money. if you have a $50 million portfolio, and you have that much money a month going out in payments. you better have half a million minimum sitting in the account and like cash, liquid cash, or more.
    [27:39] Smith is confident that he can amortize that property. He can increase rents, and within five to seven years, he can pay this guy off. He can refinance or sell in seven years. And in return. he owns the whole thing.
    [31:36] Smith thinks that you should build that relationship with some groups so that you can really mean what you say and be able to deliver on what you say.
    [35:47] The way they structured their first deals where they closed them, and all the investors got paid first. They got paid for the first two years until they refinanced and got their money back, then we get paid.
    Mentioned in this podcast:
    Connect with Jennings Smith for real estate at Facebook named “First million in multifamily”
    If you are interested in investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/.

    • 41 min
    Episode 42: Coming Back to the Real Estate Game With Aalim Bakari

    Episode 42: Coming Back to the Real Estate Game With Aalim Bakari

    In this episode of Grab the Map, Johnson Crutchfield is excited to invite and talk with Aalim Bakari about his journey in real estate and as a business owner.

    [2:24] Aalim has a company called victory capital. He's been in real estate and did his first deal back in the eighties and he really has a very diverse background when it comes to real estate.

    [4:24] Real estate given Aalim the opportunity for his wife and kids to enjoy. He was able to take his wife out of her job so that she could be home to help raise their kids when they were young. They've been able to travel, he's been a blessing to their church, and to others.

    [6:41] Aalim says he has a great work ethic. There would be times that he wouldn't get home until late. But he never missed football practices, basketball practices, basketball games, baseball games. It's something that you have to make a concerted effort to do. He made the conscious decision to not sacrifice his family for success.

    [10:01] What Aalim doing right now is he's wholesaling some deals to build the capital that he needs to do new construction and development. That's his ultimate goal.
    [10:39] He made 5,000 on the first wholesale deal. The next one was larger than he just closed one Monday where he wholesales a deal and made 15 off of it. But that's not where he wants to go. Aalim is trying to build a real estate company.
    [13:49] Aalim has a VA where she actually makes all of the cold calls for him.
    [16:40] Sometimes people take it well. Sometimes people take it badly, but it's really true, the more time and energy that we give to whatever we're doing, we're going to see results eventually. And this is one of those businesses where we can give a lot of time to it and it'll pay off.
    [19:21] Aalim is still at that point in his mind where as long as he can decompress and find some things to do to de-stress, he's willing to go through a lot of headaches out. He will listen to a lot of no's to get that door open.
    [20:20] He doesn't consider himself a networker. It's just that he's been around for a long time. He's been in the industry, in the real estate, financial services kind of mortgage industry since 1984. So Aalim knows a lot of people, a lot of people know him.
    [26:23] When you're doing real estate deals, you have to have patience and that's something that Aalim's learning. It took him about a month to get this lady to sign the contract.
    [28:54] Getting people to get into a contract signed is a hurdle, but then getting people to closing is another hurdle, especially when they're selling and they become attached to it.
    [32:14] One of the biggest lessons that he's still learning is emotional intelligence and how to keep his emotions in the tap when things go wrong. Even with that trench transaction, Aalim had all these styles of the buyer that spotted for him that went on around him and they're trying to cut a side deal and they just did more because. The contract was about to expire. It, just all of these thoughts. And he has to just sometimes stop me and say, you're thinking about things that haven't even happened. You're making up scenarios in your head. That's the hardest part of real estate or any business. It's being able to control your emotions and not to self-sabotage yourself.
    [38:22] When somebody puts their mind to something and you see them actually jump into it and do it.

    • 41 min
    Episode 41: John Crutchfield Stairs not elevators

    Episode 41: John Crutchfield Stairs not elevators

    In this episode of Grab the Map, John will be going to talk about stairs, not elevators. He will share the real nature of things with you and the experiences that he's having and also talk to people that are doing well in their business.

    [2:03] It is something that is been the hardest thing to build a business that allows passive income to come into your life and allow you to get income that you don't necessarily have to spend time working for has not been easy.

    [3:01] John meets a lot of people that tell him they want to get started with real estate investing. And everybody is really starting from a different place.

    [3:22] The issue was really him thinking that he had to solve all the problems before he could get going. Him thinking that he was going to be able to skip steps. Him thinking that he wanted to accelerate or grow faster.

    [5:42] Everybody wants to go from having no passive income to being able to quit their job. Everybody wants to go from being a regular giant Crutchfield to be in a Warren Buffet or Jeff Bezos or Elon Musk. But there is a process in between that that involves stair-stepping.

    [9:02] You want to have those stairs on the way down because if you think about it if you fall out and fall down an elevator, you come in straight down. But if there are some steps there, you might roll and kind of slow down in the stairwell and not have to go all the way back to the beginning.

    [10:33] Most people that deal with you should love dealing with you, they should like interactions with you. You should take the responsibility of earning their trust.

    [15:06] If you create stairs by getting an education, if you create stairs by building relationships if you create stairs by helping as many people as you can, if you create stairs by doing some work for free, sometimes if you create stairs and look back, you never feel like you didn't get something done, but you can spend years looking for elevators.
    If you are interested in investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/.

    • 16 min
    Episode 40: Discomfort Produces Growth

    Episode 40: Discomfort Produces Growth

    In this episode of Grab the Map, John will be going to talk about how discomfort produces growth.
    [1:15] When you go to the gym or to your house or wherever you get a little workout in, you do that pushup and it hurts. You do that burpee and it hurts, you lift that weight and it hurts. And that discomfort right there is breaking muscle down. That discomfort right there is causing your body to say, hold up. What's going on here. Is this something that I should be going through and how do I prepare for the next time I have to go through it? A discomfort produces growth, and if you are going to be successful in real estate investing, you're going to have to go through a little discomfort.
    [3:39] You can be humble and still grow your business. But it requires being uncomfortable.
    [6:33] When you don't have any money in the bank and it's because you bought assets that are going to pay back rent, you're stretching yourself. It's uncomfortable, but it produces growth.
    [7:29] Ask yourself as you get off of this podcast, and as you write some goals down and as you get to work, are you making yourself uncomfortable? Are you complaining about the uncomfort? Or do you know that what you're going through right now is going to produce growth?
    If you are interested in investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/.

    • 8 min
    Episode 39: How to Buy your First House

    Episode 39: How to Buy your First House

    In this episode of Grab the Map, Johnoson Crutchfield is excited to share with everyone how he bought his first house.
    [0:36] Crutchfield helps people on how you can buy your first investment property. He enjoys sharing his knowledge in terms of real estate.
    [1:12] Everything will be on various levels on buying the first house. Perhaps you have money; maybe you have no money. Maybe you have time; maybe you haven't time. But for your own business, you're trying to glean something.
    [2:23] The first thing you can't stop is that you absolutely must get informed if you buy your first house. You must be educated. You must build a network to talk to the sites in which people do this.
    [3:15] Crutchfield mentioned that Dave Ramsey helped him. He helped him get on a budget. He helped him understand how much money was coming in and where the money was going.
    [3:42] The first part of his education was the years that he listened to Dave's podcast. Not only did he listen to Dave Ramsey, but he started listening to real estate investing podcasts.
    [3:56] Crutchfield knew that Dave's wealth had gotten him the real estate. He used the network, the property, to be rich when he began to hear other podcasts.
    [4:25] He has been running a real estate business for about three years. He started listening to all kinds of real estate podcasts, bigger pockets and listening to all the interviews and guests they had coming in doing real estate deals. He says he listened to those podcasts on the lake while he was fishing at 22.
    [5:35] He didn't do it because the money was too much money. And we were thinking about how many people we could borrow from or how we could get this deal done.
    [6:05] Crutchfield offers a free class every Monday at six o'clock about investing things. He mentioned if you're not there, you need to be in somebody's class. If you're not in that class, you need to be reading somebody's book. If you're not reading a book, you need to listen to somebody's podcast.
    [6:25] You need to have a plan to buy your first house. Whether you need to loan or borrow money, maybe checking your credit or started talking with banks.
    [7:12] You need to have an idea of where your resources are going to come from. You can't just go from education to taking action without knowing where your money comes from.
    [8:38] Crutchfield want you to think about what you want to do before you jump into something. Once you think about that, you can decide whether to move.
    [9:27] If you want to buy your first house, you've got educated, made a plan, and need to build a team that can help you.
    [10:13] You need to find somebody that has had a good experience with somebody.
    [10:36] Find an attorney that does a lot of real estate deals, find a title company that does real estate.
    [11:29] Realtors can help transactions go smoother; they can help you watch out for pitfalls. Realtors can certainly make things go in much more.
    [12:07] You should have a mentor on your team. Someone who already owns property already is doing transactions that can help you.
    [13:07] You need to set a timeline for when you're going to get this first deal done.
    If you are interested investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/.

    • 14 min

Customer Reviews

5.0 out of 5
6 Ratings

6 Ratings

Retiring 2022 ,

In it to win it

This is a super podcast for everyone interested in having financial freedom for a lifetime. This is not a get rich quick scheme but a long term plan to establish a financial footprint that can develop into endless wealth. You hold to your course and know assuredly if it was easy everyone would be doing it. Looking forward to future post. Retirement is ahead and investment opportunities in real estate may be the safest and consistent ROI for me.

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