Bloopers on set!
Real estate mogul Vance Wampler shares his story on how he came up 250k on his apartment complex flip! Tune in as he shares his knowledge on how he did it!
MAJOR KEY (Biz Principal): As many of you know…this year was a great year for my team and I flipping real estate. We did a total of 20 or so transactions and are currently continuing to grow.
But who cares and why does this pertain to you? I get vetted everyday from my colleagues and associates on how I have been able to achieve this much success at such a young age (23 now…) and continue to grow…
The answer is making smart moves. What does that mean to the average person looking to become an entrepreneur? Below I have listed the 5 keys I believe have made me an “overnight” success as some people call that I have come across this year….ready…?
1. DO NOT QUIT YOUR DAY JOB (right away) – Many people would argue this and believe this to be a nonsense and if you want something bad enough go 100%.
This whole time I have been aggressive in the real estate field was because I knew that no matter what happened to me I would get a promised income from my job.
There have been times where some of my flip deals would take anywhere from 3-6 months to close just because of paper work. I currently have one deal now that has fallen out of contract TWO times….
During these times of trial and error I have come to find REAL value in my day job..having a day job also looks great to banks and lenders that you are trying to solicit money from.
2. 10X EVERYTHING – I wanted to get more coverage on what I was doing and let the world know im coming up. Hence…I wanted interviews and radio shows and I got them.
But what did I do…? EVERYDAY I sat on my computer (cold calling) making phone calls, emails and texting everyone and they’re mom who I though would know someone that could put me on.
After 3 months I had aired on the radio 3 times and have had multiple interviews…lesson was..if you want it bad enough and take enough action…doors will open.
3. PARTNERSHIPS ARE MAJOR – During my time of rehabbing some of the properties you have seen me do over this year…I have found value in partnerships for the following reasons….
– Less risk on projects and ventures I took
– Leveraging experience and knowledge
– Easy access to connections
– Leveraging savings on fees and cost
– Modeling someone I wanted to be
– It makes me feel special
Im getting super lazy to type the rest of the 2 major keys…but I hope this article you just read could be of value for you and life. Thanks for reading…like and share if this has been of benefit to you!
So I had some people ask me for the power point I used for
the webinar I did earlier this morning…here it is!
I had the pleasure of attending Robyn Thompson’s rehab class in Dallas last month. And boy can I saw it was a mind blowing experience. I learned a lot of new information that I could use here in my business to better myself in the game!
While I was crawling around the internet, looking up to see if she had done any free webinars in the past. I stumbled across one she did with Camron Dunlap and you can see the webinar here, its great information and its basically the same class she taught when she was in Ft Worth TX.
She basically goes over concepts such as:
- Marketing to buyers
- How to get financed
- Purchase strategies
- and more…
Now I won’t sit here and tell you that these tips and tricks are for someone completely new per say….because she only touches lightly on each of these topics and if you want more, you have to go to the boot camps ($5,000 or more)…
But I will say for intermediate and experienced investors you can use this material and start doing deals in your local city today! And again that link for the webinar is here!
Had the pleasure of interviewing with Texas Top Homes on the subject of Real Estate. Check out the interview videos below!