Steps to Successful Real Estate Rehab with Nicholas Thiele

“Sell them what they want, and give them what they need.” - Joel Farrell

Episode Summary:

In this illuminating episode, Joel Farrell shares invaluable insights into the art of personal branding and its pivotal role in achieving business success. Drawing from his own journey, Joel emphasizes the significance of establishing a strong online presence and leveraging social media platforms to connect with clients effectively. He delves into the power of storytelling and consistency in content creation, highlighting how these elements can resonate with audiences and foster trust. Joel also discusses the importance of networking and providing actionable tips on lead generation and outreach strategies. 

Gain a deeper understanding of personal branding essentials and discover actionable steps to propel your entrepreneurial endeavors forward!

In this episode:

• Understanding personal branding.
• An unexpected turn of events.
• The power of personal branding.
• The importance of networking and connections.
• Being left behind.
• Why consistency and persistence are so important.
• Storytelling in personal branding.

Key Takeaways:

• Without an online presence and a personal brand, you will get left behind in the new generation of business.
• To grow, you have to give first.
  
   

Are you ready to take charge of your financial freedom?

Get Joel’s proven formula for millionaire success in his book: https://a.co/d/d16XQuq

Or check out Joel’s course designed to empower you to take control of your financial situation and propel you towards a higher level of financial success! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“It’s a little bit frustrating to get on YouTube and hear all these experts talk about real estate, and it not really feel relatable because they’re not starting right now.” - Sierra Smith

Episode Summary:

Join Joel this week as he sits down with Sierra Smith, a seasoned real estate investor, and serial entrepreneur, to explore the ins and outs of starting a successful side hustle. Sierra shares her journey, filled with unexpected twists from accidental real estate flipping to navigating the world of unsuccessful blog ventures. Through candid conversation, she unveils the highs and lows of her entrepreneurial endeavors, including insights into her thriving merchandise business and lucrative pet-sitting ventures. Delve into Sierra's experiences with promotional product businesses and affiliate marketing as she imparts valuable lessons learned along the way. From failed blogs to graphic design success, Sierra's story exemplifies the importance of resilience and creativity in the pursuit of additional income streams. Tune in for an in-depth discussion on real estate ventures, from house flipping to strategic renovations, and discover the dos and don'ts of a thriving side hustle.

About Sierra Smith:

Sierra Smith is a serial learner who's hooked on demystifying side hustles and entrepreneurship. She uses her formal training in performance psychology to support anyone looking to level up their pursuits through Think Tanks and 1 on 1 coaching. Sierra stopped following the "traditional path" and got obsessed with REI after doing 2 Live-in Flips. Now she is sharing her journey as a newbie investor. 

In this episode:

• Exploring entrepreneurship and “non-traditional business ventures”.
• The potential of side hustles.
• Low-risk side hustles for extra income.
• Insights into digital marketing and graphic design businesses.
• Beginner real estate strategies.
• Tips and strategies for property renovation.
• The power of networking.

Key Takeaways:

• Focus on income-generating activities.
• Networking can help you get the right people on your team.
• How to find your side hustle niche and be successful in that niche.

Are you ready to take charge of your financial freedom?

Get Joel’s proven formula for millionaire success in his book: https://a.co/d/d16XQuq

Or check out Joel’s course designed to empower you to take control of your financial situation and propel you towards a higher level of financial success! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Sierra Smith:

• Homes & Hustles - YouTube
• https://www.instagram.com/homesandhustles?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw==

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“It saves the seller a lot of money, time, and effort if they would even consider the option of auctioning their home vs. the traditional listing of a property." - Jeannette Gray

Episode Summary:

This week on Strive for 25, Joel talks with Jeannette Gray about auction properties.  

They discuss the misconception that auctions only involve bank-owned or foreclosed properties and explain how auctions can include properties from various sources such as banks, sellers, and estate sales. Jeannette provides insights into the process of auctioning properties, including the role of auction houses, setting reserves, advertising, and the bidding process. They also touch on the types of buyers, financing options, and the potential for getting a good deal at auctions. Tune in for insights on a new way to buy and sell!

In this episode:

• Understanding the auction property world.
• The process and evolution of auctions.
• Understanding a bidding war.
• The pros and cons of auctions.
• The reality of auction deals.
• Buying auction properties 'As Is'.
• Understanding the auction market.
• The versatility of auction platforms.
• Understanding zoning and its importance.
• Hiring an auctioneer.

Key Takeaways:

• There are many alternatives to the traditional buying and selling of real estate. Understand your options and goals to know what works best for you.
• Hiring the right person for the job makes all the difference in a situation.

Are you ready to take charge of your financial freedom?

Get Joel’s proven formula for millionaire success in his book: https://a.co/d/d16XQuq

Or check out Joel’s course designed to empower you to take control of your financial situation and propel you towards a higher level of financial success! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“It’s really important to know what it is exactly that you want. Because if you’re ready to be free, then I say get free!” - Scott Smith

Episode Summary:

How will you protect your wealth?

In this episode of the Strive 25 podcast, guest Scott Royal Smith, CEO of Royal Legal Solutions, delves into the crucial aspects of investment and tax strategies essential for safeguarding and maximizing wealth. With a focus on understanding financial goals and taking decisive actions, Scott emphasizes the importance of asset protection and tax planning in the pursuit of financial freedom. Drawing from his extensive experience as a real estate investor and asset protection attorney, Scott offers insights into strategic investing, personalized financial planning, and the necessity of starting a business to build sustainable wealth. Listeners are guided through key concepts such as due diligence in investing, creating a tailored financial strategy, and leveraging legal structures to mitigate risks and enhance returns. This episode serves as a comprehensive guide for individuals seeking to navigate the complexities of wealth accumulation and asset management while striving towards long-term financial success.

About Scott Royal Smith:

Scott Royal Smith is a real estate investor and asset protection attorney.  Scott became an entrepreneur while still in law school, purchasing and running an auto mechanic shop, to pay his way through school.  After graduating, Scott begin his law career as a high-stakes corporate litigator. He spent the last 10 years of his career analyzing real estate investment and asset protection. Today, Scott is the Founder and CEO of Royal Legal Solutions. A firm he built to offer tax, business and legal strategies to clients all over the U.S and Canada.  He continues to educate the public on asset protecting strategies to help circumvent debilitating lawsuits for his clients.

In this episode:

• Understanding your financial goals.
• The concept of money.
• Asset protection and bulletproofing wealth.
• Understanding taxes and maximizing deductions.
• Strategic investing and financial freedom.
• Creating a personalized financial plan.
• Building a wealth strategy.
• Investment strategies.
• Predicting market trends and interest rates.

Key Takeaways:

• Successful investing requires due diligence.
• To build wealth, you have to start a business.
• To gain financial freedom, you need clear goals.

Are you ready to take charge of your financial freedom?

Get Joel’s proven formula for millionaire success in his book: https://a.co/d/d16XQuq

Or check out Joel’s course designed to empower you to take control of your financial situation and propel you towards a higher level of financial success! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Scott Royal Smith:

• https://rlspod.com/adapt

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“I preach against people doing things with financial advisors...AKA salesmen in suits.” - Chris Miles

Episode Summary:

Do you want the financial advice that financial advisors won’t give you?

This week on the Strive for 25 podcast we get the inside scoop from Cashflow Expert and ANTI-Financial Advisor Chris Miles, who says financial advisors are just salesmen. “They give financial advisors licenses to sell products. They’re really  just salespeople in suits.” - Chris Miles

Chris shares his personal journey from being a financial advisor to a becoming a promoter of alternative investments and criticizes the traditional "sell products" mentality of many financial advisors and provides valuable advice on how to create value, grow income, and make strategic investment choices. Tune in to understand the current market, and how you can increase your passive income and avoid the pitfalls of traditional financial advising!

About Chris Miles:

Chris Miles, the Cash Flow Expert and Anti-Financial Advisor, is a leading authority teaching entrepreneurs and professionals how to get their money working for them TODAY! He’s an author, podcast host of the Money Ripples Podcast, has been featured in US News, CNN Money, Entrepreneurs on Fire, BiggerPockets, and has a proven reputation with his company, Money Ripples (https://moneyripples.com/) getting his clients fast, financial results. In fact, his personal clients have increased their cash flow by $300+ Million in the last 13 years!

In this episode:

• Alternative income stream strategies.
• The importance of building a passive income.
• The truth about stock market returns.
• Strategies for navigating and leveraging market fluctuations.
• Equity's role in investment strategies.
• Mindset's role in financial success.
• The power of repetition and consistency.
• Practical guidance for expand your investment portfolios.
• Skill-building and creating value as essential components of financial success.

Key Takeaways:

• Its important to diversify your income streams and look into alternative investments.
• Cultivating an abundance mindset is essential for wealth-building.
• Whatever the masses tell you to do, do the opposite.
• Financial advisors are salesmen in suits.

Are you ready to take charge of your financial freedom?

Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Chris Miles:

• https://moneyripples.com/cashflow-calculator/

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“Throwing myself in there is the best way to learn.” - Josh Martin


Episode Summary:

How can you successfully scale in real estate?

This week on Strive for 25, Josh Martin shares his journey into real estate investment, the lessons he’s learned, and the steps he's taken to acquire his first rental property. Josh covers his move from California to Washington, the role mentorship has played in his journey, how he learned to scale, things he wished he had known before, and the strategies he's adopted to keep his expenses in check to facilitate his investment goals.

Get a jump on your real estate investing with Josh’s tips today!

About Josh Martin:

A couple of stoners turning things around to become real estate investors. It’s taken Josh and his wife less than two years to start saving from zero and purchase their first duplex that they are now house hacking. A bit older in life, they feel it’s never too late to start investing for their future.

In this episode:

• The challenges of real estate investing in high-priced areas.
• The importance of understanding credit.
• Finding the right lender.
• Strategies for property acquisition.
• Moving to a different state for better real estate opportunities.
• Finding mentors and building networks.
• House hacking.
• Financial planning and debt management.
• The importance of sacrifice and saving in real estate investing.
• The importance of timing in the market.
• The process of qualifying for a loan.
• The art of negotiating with sellers.
• Buying the rate down strategy.
• Scaling up quickly.

Key Takeaways:

• You’re never to old to start investing in your future.
• Be willing to take risks and make moves to get ahead in real estate investing.

Are you ready to take charge of your financial freedom?

Check out Joel’s new course! 

https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Josh Martin:

Instagram- REI.stoners / Seizurefreeonthc

YouTube- reistoners / seizurefreeonthc

Facebook- Rei Stoners 

Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

“People don’t really understand the impact that taxes have on some of the decisions they have to make.” - Jamie Lima

Episode Summary:

How will you maintain financial stability through the divorce process?

This week’s guest, Jamie Lima, a seasoned financial planner with extensive experience in divorce planning and wealth building is here to answer your questions about divorce planning and wealth building. Jamie and Joel discuss the statistics of divorce, the financial planning industry, and divorce's financial impacts. Jamie shares divorce planning strategies, tax implications, and ways to balance financial priorities during a divorce. Jamie emphasizes the importance of financial education before entering into marriage. Joel and Jamie discuss the importance of setting clear and specific financial goals and the resources available to assist individuals navigating through the process of divorce.

About Jamie Lima:

Jamie Lima is the Founder and President of Woodson Wealth Management and Owner of Allegiant Divorce Solutions. Jamie’s career began with Morgan Stanley in 2006. He later joined Fidelity Investments in 2011, where he was responsible for the oversight of over $1 billion in assets of 450 high-net-worth families and businesses. During his tenure with Fidelity, he also spent several years coaching and training fellow associates nationally with a focus on the southern California region. To that end, he brings over 20 years of financial education and hands-on experience in the Financial Services industry. Jamie holds an MBA from National University in San Diego and has been a CERTIFIED FINANCIAL PLANNERTM for nearly a decade. He is also a Certified Divorce Financial Analyst®.

Jamie loves helping his clients make complex financial decisions, and ‘making the puzzle pieces 'fit’ for them. “The Financial Planning process can seem like an overwhelming exercise, but it doesn’t have to be. My job is to ensure that my team and I are with our clients every step of the way. Our job is done when clients can easily understand and, more importantly, are able to execute on them. The pinnacle for me is creating a cohesive (and executable) plan, which every important stakeholder can follow and implement. Relating to divorce, I thoroughly enjoy watching my clients gain a fair and equitable settlement as they prepare for a new phase in life.”

Outside of work, Jamie and his wife, Dawn, spend a lot of time in their Jeep off-roading, working around their farm in Ramona, CA and trying to keep up with their 5 (yes, 5!) kids.

In this episode:

• The sad truth about divorce statistics.
• Understanding divorce financial planning.
• Challenges in divorce financial planning.
• The impact of divorce on financial planning.
• The importance of financial literacy.
• Planning for retirement post-divorce.
• Strategies for alimony and asset division.
• The role of a financial advocate in divorce.
• Understanding tax implications in divorce.
• Setting goals for post-divorce life.
• The importance of financial flexibility in retirement.
• The importance of financial planning and goal setting.
• The importance of a financial education.

Key Takeaways:

• Being prepared is key. Educate yourself on finances and taxes and have a plan.
• Setting goals, and having a financial plan are crucial to financial stability.

Are you ready to take charge of your financial freedom?

Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Jamie Lima:

• https://www.linkedin.com/in/jamielima/
• https://www.instagram.com/allegiantdivorce/
• https://www.facebook.com/allegiantdivorce
• https://www.tiktok.com/@jamiemlima
• https://twitter.com/JamieMLima

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“You have to take risks if you want to do big things.”  - Nayeli Sharp

“How can I figure out, every way to make money while we sleep.” - Jason Sharp

Episode Summary:

In this power-packed episode of Strive for 25, Joel sits down with Jason and Nayeli Sharp who have managed to build a remarkable empire, commencing from a place of financial uncertainty. Jason's journey from a challenging background to being part of the National Guard, while simultaneously investing in rental properties is vividly shared. Nayeli, a nephrologist and real estate developer, joins their journey in creating a cigar brand, 'Sherri’s', to gain autonomy from the corporate world. Channeling their efforts towards physical investments like real estate, they share their focus on passive income generation and future financial security. The couple stresses the importance of communication, risk-taking, hard work, resilience, and a clear vision on the entrepreneurial road. Their book, 'Eyes Wide Open', reflects on the same spirit, encapsulating Jason's life lessons in overcoming adversity. They further emphasize the crucial role of social-emotional learning for raising adaptable, critical thinkers in the fast-paced technological society.

About Jason Sharp:

 Long ago I had my first cigar at the ripe old age of 18. I realized that there was something truly unique about cigars. I knew I was passionate about them. I loved the aroma, the flavor, and the sense of relaxation that came with smoking a fine cigar. After years of smoking and collecting cigars, I decided to start my own cigar business. I traveled the world with my wife visiting tobacco farms and factories to learn the art of cigar making. I met with experts and studied the industry inside and out. Finally, I felt I had enough resources to start my own cigar lounge. Thus the idea of Sherri's Executive Lounge was conceived. This name was chosen to Honor my mom who had passed recently. My goal with Sherri's Executive Lounge Is to provide a world-class experience for cigar enthusiasts, business professionals, and anyone seeking a refined space to unwind and connect, and I can't wait to have you come in and enjoy this truly unique space.

In this episode:

• The importance of building wealth to have more time.
• Making money in your sleep to have more freedom and time for the things you love.
• Diversifying income streams.
• The healing power of writing a book.
• The challenges and rewards of entrepreneurship.
• Once you’ve bought your first house, how do you get to the next step.
• Opening a brick-and-mortar business.
• The importance of collaboration and partnerships.
• Living your life with eyes wide open.
• The cost of starting a business.
• Sacrificing now, to grow your future life.
• Learning to suffer, and looking for a way forward.
• Balancing business and family life.
• The value of time management.
• The concept of generational wealth and building an empire.
• Knowing when to take risks.

Key Takeaways:

• Making intentional choices to grow your life.
• Understand and communicate what risks you are able and willing to take.
• You have to be willing to take risks to grow.
• Getting comfortable with being uncomfortable while you build the life you want.
• You are in control of your life.

Are you ready to take charge of your financial freedom?

Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Jason and Nayeli:

• HOME | Sherris Lounge
• (20+) Facebook
• Sherris Executive Lounge (@sherrislounge) • Instagram photos and videos
• HOME | Learn To Suffer

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“Allows me so much freedom to navigate without the risks that a lot of traditional investors have when they purchase these houses..”  - Nicholas Thiele

Episode Summary:

Who wants a playbook on house rehabbing?

This week Nicholas Thiele, founder of All Around Improvements, a company based in the St. Louis area that helps many individuals perfect their real estate rehab process,  shares his playbook on successful home rehabs!

Nicholas discusses his experiences in rehabbing properties, his successful shift from construction to investment, and his approaches to acquiring properties. He also emphasizes the importance of networking and structuring projects and reveals his innovative class, the "rehabber's playbook," which offers hands-on experiences for learning how to manage property rehabilitation.

Tune in to get Nick’s step-by-step guide to becoming a successful home rehabber and building your real estate portfolio!

In this episode:

• Building real estate wealth through home rehabs.
• Nick’s approach to the housing market.
• Using a wholesaler's acquisition strategy.
• Challenges and strategies in scaling a home rehab business.
• Building the right team.
• The role of private money in real estate Investing.
• Choosing the right projects for profit.
• Networking and leveraging your connections.
• Comparing different types of renovation projects.
• The process of buying, renovating, and selling.
• Getting into the game: questions to ask and how to start.
• How to find good contractors.
• The Rehabbers Playbook.
• How to manage multiple rehab projects.

Key Takeaways:

• Know the process, and follow the process for a structured, successful rehab.
• Building the RIGHT team will set you on the right path in real estate

Are you ready to take charge of your financial freedom?

Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Nicholas Thiele:

• https://www.instagram.com/nicks_all_around_improvements/
• Facebook

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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“My purpose is to go back and help other people connect with the right books at the right time, so they can change their life in the right way.”  - Nick Hutchison

Episode Summary:

This week on Strive for 25, meet Nick Hutchison, founder of Book Thinkers. Nick is a top 2% podcaster, an aspiring author, and a successful entrepreneur all under the age of 35! Nick joins Joel to share his journey of overcoming insecurities and acquiring financial literacy through reading books. He provides insight into how he grew his business, Book Thinkers - a digital marketing agency for nonfiction authors, from initial failures to substantial success. Nick also emphasizes the importance of implementing ideas acquired from books, shares his strategies for effective reading habits and encourages leveraging social media for personal and business growth.

About Nick Hutchison:

Nick Hutchison stands as the visionary force behind BookThinkers, a growing 7-figure marketing agency that seamlessly bridges the worlds of authors and readers.

In just over 7 years, he has organically built a platform that reaches over 1,000,000 people each month. Nick's podcast, BookThinkers: Life-Changing Books, is a global top 2% show that features captivating interviews with world-class authors such as Grant Cardone, Lewis Howes, and Alex Hormozi. 

Through the use of his platform, Nick has helped hundreds of authors expand their reach to hundreds of millions of readers and drive significant revenue growth as part of their book campaigns. His expansive services include short-form video production, podcast booking and social media brand building.

Now, Nick has dedicated his life to helping millions of readers take action on the information they learn and rise to their potential through his books, speaking, and personal brand as a whole. This was the inspiration for his new book, Rise of the Reader, where he dives into the strategies for mastering your reading habits and applying what you learn.

In this episode:

• Book Thinkers - Nick’s company that is working to change lives with the right book at the right time.
• The importance of reading and implementing books.
• The power of books and personal transformation.
• Overcoming procrastination and implementing what you’ve learned.
• Growing a social media following.
• Making networking fun and engaging.
• Building your tribe and audience.
• The power of accountability groups.
• Building your own dream.
• Discovering your purpose.
• The journey of writing a book.

Key Takeaways:

• Create more certainty before you take the jump.
• The right book at the right time can change a life.
• Build an accountability group with your most motivated friends.
• Problems are not unique to you. Find someone who has already solved it and implement that solution.

Are you ready to take charge of your financial freedom?

Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout

Connect with Nick Hutchison:

• https://a.co/d/blPZB5M

 Connect with Joel Farrell:

• https://www.strivefor25.com/
• joel@strivefor25
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/

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