Nov 22, 2017
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The term “Shiny Object Syndrome” is SPOT ON when describing
these two AMAZING INVESTORS. These two bulldog their way into
investments AND THEY MAKE GOLD while others twittle their thumbs in
fear. These guys DO NOT HESITATE!!!
(Disclaimer: All this is done after they run their numbers and they
make sure the investment is sound and cash flowing… most of the
time.)
RICK: “We met at a local bank… we started working at the same bank
the same week about five or six years ago. Met at a local REIA
group again… unexpectedly… we walked in at opposite ends of the
room… After about a year in to that we started buying and we
haven't stopped.”
KEY TAKE AWAY: Your future partner… the person that will help you
take your business to the NEXT LEVEL… might be at your next REIA
MEETING!!! Go to your local REIA meetings!!!
CHRIS on their first deal and First Mistake: “We talked about it
for awhile through our cubicles at work. He (Rick) had a deal that
he was trying to wholesale… I didn’t even know what wholesaling
was… it was foreign to me… It was a good deal… I said “We should
buy it.” and Rick said, “I want to Wholesale it. I don’t think it
is a good deal.” And … we ended up leaving about 200K on the table.
We were very green at the time…”
THEY TOOK ACTION and created the beginnings of their partnership
based on conversations about real estate and deals.
For Rick and Chris’ FONDEST MEMORY of their first deal… LISTEN
IN!!! (A bit r-rated…)
Continued to buy one property after another. Had a portfolio of 30
rentals that FIRST YEAR! Wholesaled 40-50 deals the second and
third year.
FOR NEW INVESTORS: “Try to have 2-3 outs with something… you can
wholesale, flip it, or rent it!”
HOW DOES RICK AND CHRIS FIND DEALS??? They NETWORK. People BRING
THEM DEALS!!!
SOME CASHFLOWING SHINY OBJECTS THAT RICK AND CHRIS OWN:
Rentals
Commercial Buildings
Storgage Units
Car Wash
and… an OIL WELL!!!
ON DOING ALL THE WORK: CHRIS: “We’re not handy.” RICK: “Still not
Handy.”
ON GROWTH: “We don't have good systems… we are the system right
now…. We are working on that.”
ACTIONABLE STEP FOR YOU: “Get in front of Like minded people.
Reaching out to people like us. Sit down and buy them a cup of
coffee.”
WORDS TO LIVE BY:
RICK: “I should have invited my wife…”
“Just go out and do SOMETHING!”
CHRIS: “Help your brothers out and Do onto others as you would have
done to yourself.”
HOW TO FIND RICK AND CHRIS:
https://www.facebook.com/JettisonCorp/
https://www.facebook.com/chris.cieslak.5
https://www.facebook.com/rick.doherty.5