JF2491: Restrategizing After a $2M Loss with Lee Kearney
Best Real Estate Investing Advice Ever
After accidentally making $30k on his first deal, Lee Kearney was immediately hooked and started researching his next investment. However, when 2007 hit, he realized the market wasn’t the problem and he started working on a new strategy. Lee discusses his strategy in-depth and how he came back from a $2M loss, what to look out for in the current market, and his biggest takeaways from working with a hedge fund. Lee Kearney Real Estate Background: CEO of Southeast Property Investments Network (SPIN) & Real Advisors 16 years of real estate investing experience 7,000 single family houses flipped Based in Tampa, FL Say hi to him at: http://www.spincompanies.com/ Best Ever Book: Traction Click here to know more about our sponsors RealEstateAccounting.co & ThinkMultifamily.com/coaching
In today’s episode of Passion for Real Estate Investments, CEO and owner of SPIN Companies, CEO of Real Advisors, and Owner and Co-Founder of Altitude Brands, Lee Kearney, talks about his journey to the top and how he manages to stay there. 18 years ago, Lee did his first deal by accident - he bought a condo, it got broken into, and then he sold it for more than his salary. Since 2004, Lee has become one of the most successful single-family investors in the US with over 7000 properties bought and sold. His SPIN brand owns and operates many real estate businesses in Florida, with over $500Million in total sales volume. In 2013, he started Florida Advanced Supplement Technologies, a company dedicated to serving medical cannabis in Florida. In 2019, he Co-Founded Altitude Brands, an exclusive brand distributor, and he became a partner in Advisors Education. Lee also runs Flip Your Income, an educational platform offering training to all levels of investors. In 2021, Real Advisors ranked 8th in the Inc. 5000 Regionals List of Fastest Growing Private Companies in Florida. Lee holds an Associate of Arts Degree from Florida College, a BA in Marketing from the University of South Florida, and a Master of Business Administration from the University of South Florida College of Business Administration. How did Lee prepare his business for the market crash? He talks about pivoting to commercial real estate, the current state of the real estate markets, and seller-direct campaigns. Find out why Lee only goes for stressed sellers and high equity, and hear about his educational initiatives. If you want to know how to grow your business and change your life, or you’re looking for ways to diversify your income, or you want to learn what to look for in the current market, this episode is for you. Highlights from the interview * “We’re in a unique industry, with little to no experience, no college degree, no license needed to trade your own properties, and you can make more in one transaction than people make in an entire year.” * “Real estate provides people an opportunity to go from zero to millionaire in probably the shortest time that I’ve seen in any industry, minus tech. It provides an opportunity for two-fold - not only to make income, but to build wealth.” * “Low supply, lack of foreclosures, low interest rates, and high demand are fueling this insane market right now.” * “Stick with medium price and below. If you want to create a production line with flipping, you don’t need to reinvent the wheel. Just focus on getting really good deals and feeding them into your pipeline. If you do get above medium price, consider wholesaling them.” * “The biggest way to be the best salesperson in the world is to listen. Spend a little bit of time asking questions, and a lot of time listening.”
Episode 188: Pivoting with Market Changes, with Lee Kearney
The Smart Real Estate Coach Podcast|Real Estate Investing
Lee Kearney is one of the nation’s most active and successful single-family real estate investors, having flipped over 7000 houses in the last decade, totaling over $500 million in property, under his SPIN real estate company. Lee is known as the leading expert in understanding and leveraging real estate market cycles. He’s been on the front lines of flipping homes, and his passion and expertise come into play as he inspires and educates real estate investors at all levels through his FLIP YOUR INCOME training program. What you’ll learn about in this episode: How Lee started out in real estate in Ireland in 2003 by making money “by accident”, and how he then learned valuable lessons about curb appeal and cosmetics How Lee discovered foreclosure deals and began learning quickly, mastering the niche of foreclosure auctions before losing everything in 2008 and starting over again How the global pandemic has “put the brakes on the entire world economy” and signaled a new era of real estate Why your strategies must change as the market shifts, with different strategies at the top, middle and bottom of the market Why the equity you think you can have in your real estate properties can evaporate overnight with market changes Why it is important to not just focus on cash flow but to also have a plan for an exit strategy with your properties Lee shares stories of his own investments and that of others that were negatively impacted by market cycles Why Lee considers being able to pivot with the market represents one of his biggest and most important wins Why Lee is focusing on raising capital to cash in on the opportunities presented by the market downturn Why Lee believes strongly in not having downtime and in pairing productive tasks with non-productive tasks Resources: Website: https://realadvisors.com/ LinkedIn: www.linkedin.com/in/leemkearney/ Instagram: www.instagram.com/realadvisors/ Elite Entrepreneurs course: www.SmartRealEstateCoach.com/ignition Lee Kearney’s Recommended Reading List Atomic Habits by James Clear: https://amzn.to/30vwDeo Traction by Gino Wickman: https://amzn.to/2CYYzik Additional resources: Website: www.SmartRealEstateCoachPodcast.com/webinar Website: www.SmartRealEstateCoachPodcast.com/termsbook Website: www.SmartRealEstateCoachPodcast.com/ebook Website: www.SmartRealEstateCoach.com/QLS/ Smart Real Estate Coach Podcast Sponsor: Paul G. Dion CPA, CTC
Building Systems and a Team to scale the right way with Lee Kearney
Monumental with Evan Holladay
Lee Kearney (CAR-KNEE) is one of the nation's most active and successful single-family real estate investors, having flipped over 7000 houses in the last decade, totalling over $500 million in property, under his SPIN real estate company.Lee is known as the leading expert in understanding and leveraging real estate market cycles. He's been on the front lines of flipping homes, and his passion and expertise come into play as he inspires and educates real estate investors at all levels through his FLIP YOUR INCOME training program.Want to achieve MONUMENTAL results in your life and business? Let’s hop on a call! Visit coachwithevan.com to see how we can best help you unlock your full potential, get your start in multifamily investment or development and make massive impact.Leave a review for Monumental on iTunes: https://bit.ly/eholladaySubscribe to the podcast and emails from Evan: https://evanholladay.com/Follow Evan on Instagram: https://www.instagram.com/evanholladay/Follow Evan on Facebook: https://www.facebook.com/EvanHolladay/Follow Evan on Twitter: https://twitter.com/EvanHolladayContact Evan: https://www.evanholladay.comIf you have questions on podcasting and creating a thought leadership platform, shoot me a text at 502-627-0501! I want to help!
167 - How To Get 50 Deals A Month with Lee Kearney
Everything Real Estate Investing Show with Sean Pan
Today we have Lee Kearney, a real estate investor based out of Florida who has bought and sold over 7000 properties since 2004. In this episode, we’ll be talking about creating systems on how to do a massive amount of deals and how to scale your operations. We’ll be talking about leveraging market cycles as well as what you should be doing in this economy! Show Notes: https://everythingrei.com/lee-kearney-50-deals-month/
7000 Flips and over 500 Million Dollars in Property with Lee Kearney
Purchase to Profits - Real Estate Investing Podcast
Lee Kearney is CEO at Real Advisors. He is one of the most successful single-family real estate investors. Since 2004, he has bought/sold 7,000+ properties and over 500 Million Dollars in property. He is also known as the expert in leveraging real estate market cycles. Join us as he shares his thoughts at experiences in this podcast episode. Connect with Lee Kearney http://www.Realadvisors.com Connect with Seth Ferguson: http://www.SethFerguson.org 📞 ONE-ON-ONE CALL: Interested in learning more about real estate investing? I'm opening up my schedule to speak with people who are serious about learning about how real estate investing can significantly impact their lives. 👉 Go to http://www.CallSeth.com to book a 20-minute call. 👈 🏦 FREE DOWNLOAD - The Top 7 Key Market Drivers Every Real Estate Investor Must Know: http://www.TopMarketDrivers.com
Prosperity with 7,000+ Houses Flipped, with Lee Kearney | Bulletproof Cashflow Podcast S02 E14
Bulletproof Cashflow: Multifamily & Apartment Investing for Financial Freedom
Lee Kearney is a single-family investor based in Florida that has flipped over 7,000 houses in the last decade, totaling over $500 million in property, under his company, Southeast Property Investments Network Real Estate. He is an expert at understanding and leveraging real estate market cycles and uses his passion and expertise to inspire and educate real estate investors at all levels through his training program, "Flip Your Income". In this episode, Lee explains real estate market cycles and how to find opportunities in any market. Additionally, we dive into when the shift is coming and how to profit from it.
Ep 46: Best Practices for Managing Market Cycles with Lee Kearney
The Real Estate Investing Experience
With enough know-how about how to work deals in relation to changing market cycles, you could keep your head above water during crashes and even come out the other side smiling. Our guest for today’s show is Lee Kearney and he joins us to talk about his experiences as an investor through a complete market cycle. Lee got into real estate by flipping houses around 2003, capitalizing on the moment and slowly working his way up to rentals. When things went south in 2008 though, he had to make some big adjustments to his game plan. However, before we get into the topic of tactics concerning market cycles, Lee fills us in on his recent experiences being COVID-19 positive.
Lee Kearney: 7,000 Houses Flipped & Defeated COVID-19
The Titanium Vault hosted by RJ Bates III
Lee Kearney is one of the nation’s most successful single-family real estate investors. Since 2004, he has bought/sold 7,000+ properties, and is known as the expert in leveraging real estate market cycles. He now owns several real estate businesses in Florida, all operating under the Southeast Property Investments Network (SPIN) brand, to fix and flip properties across the U.S., with a total sales volume exceeding $50M in 2017. Lee taps into his expertise and passion for mentorship to educate others on leveraging market cycles to grow their own real estate businesses. His education platform FLIP YOUR INCOME offers several levels of training designed for beginning investors, mid-level operators who wish to scale their operations, and seasoned investors looking to manage their profits In late 2013, Lee co-founded a medical marijuana startup dedicated to serving the medical cannabis market in Florida. This is slated to be a vertically integrated company that will manufacture and distribute a world-class medical product line, serving patients with severe or debilitating illnesses upon recommendation from a licensed physician in accordance with state regulatory guidelines. Lee also has sizeable investments in several other companies in different sectors with the income he’s generated from real estate. In this interview, Lee and RJ Bates III discuss Lee's opinion about the current condition of the real estate market. Also, Lee shares his journey of being diagnosed with COVID-19 and the enormous struggle to regain his health.For the best Skip Tracing in the industry go to https://titaniumtrace.com/homeTo join the #1 Online Real Estate Mastermind visit https://nextlevelflipping.com/For more video content from Titanium Investments subscribe at http://www.youtube.com/c/RJBatesIIIConnect with Titanium Investments at https://www.facebook.com/titaniuminve...Support the show (https://www.patreon.com/rjbatesiii)
On this week’s episode of the REI Roundtable, host Rob “The House Guy” sits down with an investor at the top of his game: Lee Kearney. Like many investors, Lee almost lost it all in 2007. Today, listen as he shares how changing his strategy is what saved him… and made him the versatile investor he is today. This is the advice you need NOW. Rob and Lee agree that 2020 might be the year the market shifts. When it dipped in 2007, Lee wasn’t ready. Now he’s recession-proof and he’s sharing how he got there—so you can, too. You want to be recession-proof, right? Then you’re going to want to listen in on Lee’s strategy. He talks a lot about when it makes sense to buy and rent and when it makes sense to buy and sell. Spoiler alert: Right now, he’s selling; but that could soon be changing. Recession-proof yourself when you LISTEN NOW. Lee also shares his buying strategy, breaking it down into three categories: Short sale: Getting properties before foreclosure Auctions: Picking up properties at foreclosure After the sale: Buying directly from investors Right now, you’re probably focused on one of these strategies… And Lee has done them all. But in this episode, he talks about how and when he changes his approach based on the market. It’s a more sophisticated look at buying that you can apply to your business TODAY. Lee also talks a lot about how the rental game almost ruined him in 2007. He still does rentals, but he has a “buy box” that he keeps within. Listen in to hear how he formed his—and how you should form yours. If it’s not checking the right boxes, it’s not the right buy. Good stuff, right? Well, there’s more… But you have to listen in to hear it! Lee found his freedom and we want you to find yours, too. Let him lead you in the right direction! Get your Real Estate Investor's Lifecycle FREE DOWNLOAD HERE: http://bit.ly/2K8l70P To get a copy of the transcript click here: http://bit.ly/2vN2sDF P.S. Rob and Lee will be checking the comments, so, make sure you leave a comment or question to let us know you’re there!