Scale Your Real Estate Investing Business, with Gary Boomershine
The Money Advantage Podcast
Want to scale your real estate investing business, and make more money? Today, we’re talking with Gary Boomershine, CEO of RealEstateInvestor.com, who has created software to grow your real estate business, services to scale your income, and coaching to help you achieve the freedom you deserve. https://www.youtube.com/watch?v=A6rN8gE4MrU If you’re an investor or business owner who wants to create the life you envision … tune in now! Table of contents The Three “Buckets” of Real Estate Investing Being Self-Employed vs. Being a Business Owner Knowing Your Why The Power of Passive Income Leverage Money AND Time Real Estate Cycles Scaling Your Real Estate Investing Business with Infinite Banking The Real Estate Investor About Gary Boomershine Book A Strategy Call [4:10] “Every professional athlete, every musician, everyone has a coach…even Google.” If you are going to start a business, why wouldn’t you have a coach as well? Gary Boomershine started in the industry doing a dozen different things. It wasn’t until he had a coach that he learned to exit the rat race. [8:50] “In real estate, the key is being able to find the deal…And right now in real estate, it’s really hard to go find the deals.” This is part of how RealEstateInvestor.com got its start—as a tool to find off-market deals. [9:22] “As an entrepreneur, and building a business, every business needs a CEO. And if you’re a CEO doing ten dollar an hour work, you’re going to have a ten dollar bank account. So as a CEO, you’ve got to actually run the business as a CEO.” The role of the CEO, as Gary defines it, is to create leverage. A CEO leverages other people’s money and other people’s time. That way the CEO can do more, without doing everything alone. Otherwise, you run the risk of a JOB, which Gary defines as “just over broke.” The Three “Buckets” of Real Estate Investing [11”10] “There’s three main buckets people should be thinking about in real estate. There’s cash now, cash flow, and cash later.” The “cash now” category is what Gary Boomershine distinguishes as real estate operators, rather than real estate investors. These are the people who do wholesale deals or fix-and-flips. In other words, they buy low-value properties, make improvements, and sell them. They’re investing for a one-time transaction—so if they stop doing what they’re doing, they stop making money. Then, there’s cash flow, which is a monthly stream of income. The most common cash flow real estate investment is rental property. The investor buys the property and rents it out, and that monthly rent pays the mortgage and creates income for the investor. Private lending is another cash-flowing real estate deal. Then, there’s the cash later category. This type of income typically comes from inflation or appreciation, as well as equity. To truly scale your real estate investing business, all three components are needed–though passive income is the key to unlocking wealth. Being Self-Employed vs. Being a Business Owner Robert Kiyosaki’s cash flow quadrant is the process of moving from having a job to being an investor. And as Gery Boomershine puts it, real estate operators are in the “self-employed quadrant.” They’re in a space that has more freedom than being an employee, yet are still trading time for money. RealEstateInvestor.com is designed for these operators, to help move them into the business owner quadrant, and finally the investor quadrant. [17:30] “Everybody gets in [to real estate] and they’re like—How do I do a rehab? How do I wholesale a property and make some money?…No, what you want to do is stand back and say, what do you want? What do you want for your life, right?… Because at the end of the day, we’re looking for financial freedom and a life of time. The most valuable commodity is not the money, it’s the time.” Knowing Your Why The solution to this problem of “how,” is by defining your “why.” Why are you in the game, and what do you want your life to look like, and what do you want real estate to do for you? Thinking about your money’s purpose can help you have a clearer vision of what you want to do, and the “how” will follow. Gary’s personal “why” is to be free to do more things with his time. So his goal is to work three hours a day, four days a week. In order to do that, much of his income has to be passive. And so his investing decisions reflect that. The Power of Passive Income In Gary’s book, he states that most people are about 7 houses away from complete financial independence if done right. That’s because properties can provide consistent cash flow, and you have the leverage of using other people’s money. You use the bank’s money for the mortgage, and the renter’s money to pay down the mortgage. And eventually, you own that property free and clear and can support your lifestyle on that passive income alone. Gary sees that the investors he teaches are so focused on a dollar figure that they don’t think about the power of passive income. Robert Kiyosaki says, “The definition of a wealthy person is when your passive income surpasses your expenses.” Leverage Money AND Time The attraction of real estate is the ability to leverage other people’s money. What we also forget is the power of leveraging other people’s time. CEOs and business owners should be clocking thousand-dollar hours, according to Gary. And if they aren’t they should be offloading that, and leveraging other people’s time on those skills as soon as possible. Gary shares a simple thought experiment to illustrate the idea. When he asks new investors how often they want to work, they often say 20-40 hour weeks. It’s what employees have come to expect. Then, he asks how much they’d like to see in their bank account in a year’s time. $500,000 is an average answer to that question. In the context of those hours, that’s only $250 an hour. The next level of this process, then, is to get that investor to think about all the things they do that don’t qualify as $250/hr work. Sending emails, managing spreadsheets, or bookkeeping, for example, is under $50/hr work. And so it’s the investor’s job to leverage someone else’s time to do those tasks. What could be 12 hours of work each week can be reduced to 2 hours of management—putting 12 weeks back into the real estate investor’s business year. Real Estate Cycles The “new normal” doesn’t exactly apply to asset classes like real estate, as Gary points out. The market may go through down periods, like the 2008 housing crisis, yet it always corrects. This is because assets like real estate have cycles. The benefit of real estate is that the asset is tangible—and people will always need housing. And because money is being printed at unprecedented amounts, large inflation rates are a possibility. Gary says he could envision that a $300,000 property now could be worth three million in ten years. So it’s not a bad idea to be in physical assets right now, for the long haul. In turn, it’s important to be able to sustain an 18-month downturn, in the event that one happens. Cash now, cash flow, and cash later all have a place in your real estate portfolio on some level. Cash now can help you build your reserves in case the market is down, cash flow provides income, and cash later is your long-term strategy. Scaling Your Real Estate Investing Business with Infinite Banking The benefit of whole life insurance for your real estate strategy is that you have liquid money that can be put to work in multiple ways. Not only can you take a policy loan from your cash value, but you can also use the cash value as leverage with a bank. This strengthens the power of your capital and protects it from banks as well. Gary admits that he prefers not to have a lot of cash in the bank, due to possible bail-ins, and instead in an IBC policy where it’s secure and earning a greater rate of return. The Real Estate Investor Gary’s website is a solution for real estate professionals and operators. He offers software that helps professionals scale with smarter marketing, customer relationship management, and ways to find deals. On his website, you can also find education and coaching services to build your business and strengthen your knowledge. Gary is also generously offering some of his best content, and access to the waiting list for his upcoming book, The Freedom Code. To take him up on this offer, text the word MONEY to (925)-320-0575. Links: Gary Boomershine’s podcast The Real Estate Investor firstname.lastname@example.org About Gary Boomershine Gary Boomershine founded RealEstateInvestor.com in 2005 out of the need to scale and grow his own real estate investing and home buying business. With a family legacy in the real estate niche and a long successful career in enterprise and emerging technology markets, Gary saw the vision for RealEstateInvestor.com. He noticed the glaring opportunity to leverage people, processes, and technology to gain a leg up in a changing and competitive marketplace. As he worked to develop and use the initial product and service, he saw his real estate business flourish by allowing him to work smarter—not harder and focusing on the one thing that makes money—talking to sellers and making offers. That’s when RealEstateInvestor.com began offering its flagship product, Service Done-For-You, to the savvy investor market. According to Gary, “Most small real estate enterprises limit their growth and many times fail because they lack real marketing and sales expertise along with the infrastructure to scale their business. Instead of being able to focus on closing deals and maximizing profits, they hit a wall trying to build and do everything themselves; and they simply can’t do it!” RealEstateInvestor.com caters to top producing agents, investors, and smaller hedge funds who are looking for a competitive advantage in their local markets. Under the leadership of Gary Boomershine, this service has launched a “technology revolution” within the real estate niche; offering an alternative to the MLS by bringing pre-screened motivated sellers and buyers face to face at the right time. Gary currently lives in Northern California with his wife and two daughters, where he continues to manage a global team for RealEstateInvestor.com. He is actively involved in real estate investing and private lending. In his free time, he enjoys fly-fishing, skiing, hiking, mountain biking, and traveling with family. Book A Strategy Call Do you want to coordinate your finances so that everything works together to improve your life today, accelerate time and money freedom, and leave the greatest legacy? We can help! Book an Introductory Call with our team today https://themoneyadvantage.com/calendar/, and find out how Privatized Banking, alternative investments, or cash flow strategies can help you accomplish your goals better and faster. That being said, if you want to find out more about how Privatized Banking gives you the most safety, liquidity, and growth… plus boosts your investment returns, and guarantees a legacy, go to https://privatizedbankingsecrets.com/freeguide to learn more.
The Brett Snodgrass Podcast - Ep 27: Gary Boomershine - "How Do You Take A Sabbatical From Work?"
The Brett Snodgrass Podcast
Entrepreneur Gary Boomershine shares his experience of overworking and the problems that it caused personally and professionally. Gary soon learned different tactics he needed to take to insure the health of his business, his family, and himself. One of the main practices Gary has implemented is taking a regular Sabbatical from work. Gary explains when he takes a Sabbatical, how long his Sabbatical lasts, why he takes each Sabbatical, and what he does during his Sabbaticals. Gary also shares other tactics that give him more regular free time including not reinventing the wheel and to know your strengths and weaknesses. Through these Sabbaticals and other processes, Gary has found a much healthier and happier life filled with rest and rejuvenation.
About Gary:Gary Boomershine founded RealEstateInvestor.com in 2005 out of the need to scale and grow his own real estate investing and home buying business.With a family legacy in the real estate niche, and a long successful career in enterprise and emerging technology markets, Gary saw the vision for RealEstateInvestor.com. He noticed the glaring opportunity to leverage people, processes and technology to gain a leg up in a changing and competitive marketplace.As he worked to develop and use the initial product and service, he saw his real estate business flourish by allowing him to work smarter – not harder and focusing on the one thing that makes money – talking to sellers and making offers.Gary currently resides in Northern California with his wife and two daughters where he continues to be a visionary for RealEstateInvestor.com. He is actively involved in real estate investing and private lending. In his free time, he enjoys fly fishing, skiing, hiking, mountain biking and traveling with family.On Today's Show Gary Talks About Best list to use Lists Gary won't touchFollowing up with potential leadsThe 3 P'sMaking multiple offers to sellersReal Estate Huddle PodcastAnd much more...Links From the Podcast https://realestateinvestor.com/https://www.facebook.com/RealEstateIn...https://twitter.com/reinvestorcomhttps://propertylistmanager.com realestateinvestorhuddlepodcasthttps://www.realestateinvestor.com/ga...https://www.youtube.com/channel/UCPu6...https://www.instagram.com/realestatei...email@example.com://peer2peerrealestate.com/www.facebook.com/peer2peerrealestatehttps://www.linkedin.com/in/williemor...@Williamp2pre ( Twitter)Books RecommendedRich dad Poor dad- Robert KiyosakiThe freedom code- Gary Boomershine Thank you Gary for being on the podcast.***Peer 2 Peer Real Estate may be compensated and/or receive an affiliate commission if you buy something through our links, at no extra cost to you.Thanks to our Partner LendencyLoans For Residential Real Estate Investors Friends with a tendency to lendGo Here: Friends with a tendency to lend -https://www.lendency.com/apply?6rng2=...Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a reviewKeep the momentum going, Good things will happen.Thank you and Stay safe. See acast.com/privacy for privacy and opt-out information.
My guest in this episode is Gary Boomershine. Gary founded RealEstateInvestor.com in 2005 out of the need to scale and grow his own real estate investing and home buying business. With a family legacy in the real estate niche, and a long successful career in enterprise and emerging technology markets, Gary saw the vision for RealEstateInvestor.com. He noticed the glaring opportunity to leverage people, processes and technology to gain a leg up in a changing and competitive marketplace. As he worked to develop and use the initial product and service, he saw his real estate business flourish by allowing him to work smarter - not harder and focusing on the one thing that makes money - talking to sellers and making offers. That’s when RealEstateInvestor.com began offering its flagship product, REIvault, to the savvy investor market. According to Gary, “Most small real estate enterprises limit their growth and many times fail because they lack real marketing and sales expertise along with the infrastructure to scale their business. Interview Links: Real Estate Investor Text MC to 9253200575 Programs: The Cashflow Creator Formula The Cashflow Core Builder The Crypto Investing Method
261 - How To Build A Relationship With Sellers with Gary Boomershine
Crazy Sh*t In Real Estate with Leigh Brown
If you want to make it as a REALTOR, you have to dive all the way in, quit your full-time job and discover how deep your passion goes. In this episode, Gary talks about how he went from working in software start-up companies to real estate and shares his best strategies to make a sale. Key takeaways to listen for Real estate cycles How to target the deals you're looking for Sales model to solve differences with client Building relationships with sellers Resources mentioned in this episode Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! About Gary Boomershine Gary Boomershine founded RealEstateInvestor.com in 2005 out of the need to scale and grow his own real estate investing and home buying business. With a family legacy in the real estate niche and a long successful career in enterprise and emerging technology markets, Gary saw the vision for RealEstateInvestor.com. He noticed the glaring opportunity to leverage people, processes, and technology to gain a leg up in a changing and competitive marketplace. Connect with Gary Website: www.realestateinvestor.com Facebook: REAL ESTATE Investor YouTube: RealEstateInvestor.com Instagram: @realestateinvestorcom Connect with Leigh Please subscribe to this podcast in iTunes or in the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram or on Twitter or any social networks by clicking here. Subscribe to Leigh's other podcast Real Estate From The Rooftops! Sponsor: If you’re tired of doing real estate alone, enroll in Leigh Brown University and be sure to use your special “CSIRE” discount code at checkout for $10 off your subscription.
"Leads Come From The Follow Up" with Gary Boomershine (171)
Ready. Set. Go. Real Estate Investing Podcast
Host: Brandon Elliott @BrandonElliottInvestments | Guest Today: Gary Boomershine ---------------------------- 🏘️ Learn How You Can Be Part Of Our Current Or Next Real Estate Project 💳 For Credit Repair: https://CreditRepairMobile.com/ 💳 Learn More About Our Exclusive Credit Courses: https://www.CreditCounselElite.com/ ---------------------------- Connect with Brandon Elliott today: Instagram | Facebook | Website | Youtube | Podcast | Credit Repair | Credit Counsel Elite ---------------------------- About Brandon Elliott: Top 100 Yahoo Finance in 2020, Brandon Elliott is a leading authority on real estate and credit. He is experienced and proven in utilizing credit to invest in real estate and implement the "BRRRR Strategy." Brandon has a thriving credit repair and tradelines company but prefers teaching people the credit hacks he's been applying for years such as building huge credit lines for both personal/business up to 7 figures and manufactured spending techniques- showing ways to create millions of points equivalent to cash, free travels, and even buying properties using credit cards. From the credit knowledge that is taught in his Elite Credit Course, Brandon was able liquidate $200K+ for a safety-net when purchasing a 4-PLEX in one of the most desirable locations in San Diego, just 8 minutes walking distance from the famous San Diego Zoo. His passion in helping others reach their financial freedom too, lead Brandon to host "Ready. Set. Go. Real Estate Investing" podcast every Monday sharing how you can invest in real estate successfully with little to no money utilizing credit. Brandon has completed numerous of Fix & Flips locally in San Diego as well as across the country out of state virtually with his worst project still being 60% cash-on-cash ROI. ---------------------------- Resources: Free Consultation & Discounted Business Entity Setup Learn How to Boost Your Credit Score Your Guide to Take Massive Action Learn How to Make Up to $10K & Receive $50 BONUS Learn How to Get $50 Worth of Your Favorite Stock From Sofi For Free Refinance Your Student/Personal Loans with Sofi & Receive $300 Welcome Bonus ---------------------------- How to Get Your Free Gift: Leave a Review on iTunes then take a screenshot. ** If you already left a review and took a screenshot, please send me a message Here **
The Most Effective Marketing Tools for the Hybrid Agent w/ Gary Boomershine & Robert Syfert
Team Building Podcast
The new era of real estate is going to require hybrid agents - real estate professionals who can seamlessly move between investing and property listing based on the needs of the consumer.An agent who can represent both sides and wear both hats is going to win and scale, especially when they are backed by sophisticated marketing systems, that allow them to target the correct clients.Residential real estate agents who want to be hybrid agents need to invest in the right tools that simplify lead acquisition and follow up. Data stacking is one of the most powerful ways to zone into the avatar properties and sellers who will take action on our direct mail marketing.What are the kinds of products we need to be taking advantage of to scale a successful hybrid real estate/investing operation? How can we clearly define the properties we need to be going after?In this episode, I’m joined by RealEstateInvestor.com co-founders, Gary Boomershine and Robert Syfert. They share the tools they’ve developed to help hybrid agents scale and market more effectively. Three Things You’ll Learn In This Episode Why direct mail still works so wellA lot of marketing companies are missing out by just being digital. Direct mail is still a highly effective marketing channel, especially when it’s done with the right technology, and targeted to the right people. It’s not about direct mail, it’s about finding the right strategy to target off-market sellers. Direct mail is still the perfect way to generate seller leads that aren’t already actively listed.The power of data stackingSuccess in investing starts with the data we’re feeding our lead generation and follow up engine. Data stacking allows us to target people based on multiple pain points or points of value. Predictive analytics and data stacking gives us refined information and details so we’re not wasting our direct mail on the wrong people.What sets the hybrid agent model apartThe same data stacking tools that benefit real estate investors looking for off-market deals also benefit agents looking for homes to list. The same marketing channel used by investors can still bring in people who are more interested in listing traditionally than selling to an investor. This is why the hybrid agent model is so powerful, it allows us to provide a solution for each type of seller.Guest Bio-Gary Boomershine is the founder and CEO of RealEstateInvestor.com. RealEstateInvestor.com is a vertical solution provider in the Real Estate Niche, servicing real estate investors, agents and private lenders. Their flagship service, REIvault.com, provides managed marketing, shared systems and proven results. RealEstateInvestor.com has a proven direct response marketing formula offering both direct mail and online PPC/SEO services to their members. They’ve sent out over 14,000,000 pieces of direct mail averaging about 500,000 pieces a month currently. Robert Syfert is a Real Estate Mogul, Speaker, Author, Mentor, Husband, Father, World Traveler and Co-Founder & Visionary at RealEstateInvestor.com. He is an innovator in the real estate investment industry who creates software, tools, and services that enable real estate investors to do things better and faster. He’s passionate about being part of the solution and finding answers to the problems that hold real estate investors back from growing and scaling their businesses. Robert is a highly sought out speaker in both real estate investing and software solutions. He’s a philanthropist, and he gives back to the industry through his mentorship program and business coaching services. For more information visit, https://realestateinvestor.com. To get a discount on RealEstateInvestor.com visit jeffsfavoritetools.com.
#92: How To Use Direct Mail To Grow Your Real Estate Business with Gary Boomershine
Multifamily Investing with Multifamily Attorney Charles Dobens
As the founder and CEO of RealEstateInvestor.com, Gary Boomershine is on a mission to revolutionize the real estate industry and reinvent how agents and investors do business today. Gary and I discuss how he uses direct mail to grow his real estate business. For more information or to get started in multifamily investing, please visit: https://www.multifamilyinvestingacademy.com/.
Easy And Cost-Effective Direct Mail With Gary Boomershine
Real Estate Investor Summit Podcast
Now is an unprecedented time for buying opportunities in real estate, but how do you not get left out in generating the best leads? The answer is direct mail. Now you might be thinking that it’s hard work, but it doesn’t have to be. Real estate visionary and RealEstateInvestor.com founder, Gary Boomershine shows us how it can be made easier in this conversation with Mitch Stephen. His solution: work with a professional to hire and manage overseas virtual assistants to do phone work for you. These “sales ninjas” will help you free up time so you can focus on higher-yield work! Listen to this episode for more on these plus a chance to receive a really amazing gift from Gary.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Real Estate Investor Summit Community:reinvestorsummit.comReal Estate Investor Summit FacebookReal Estate Investor Summit TwitterReal Estate Investor Summit YouTubeMitch Stephen LinkedIn
RG 225 - What are the Short & Long-Term Effects of COVID-19 on U.S. Real Estate w/ Gary Boomershine
Investing In The U.S.
This week in the hot seat I am chatting with one of the most influential guys in real estate marketing and sales, Gary Boomershine.In 2005 Gary founded RealEstateInvestor.com out of the need to scale and grow his own real estate investing and home buying business. Today RealEstateInvestor.com has launched a “technology revolution” within the real estate niche; offering an alternative to the MLS by bringing pre-screened motivated sellers and buyers face to face at the right time.We dive deep into topics, such as:- The short and long-term effects of COVID-19 on US real estate buyers, sellers and investors;- Maximizing your sales and marketing funnel;- How to react to COVID-19 in your business and what steps you need to take if you need pivot in order to continue to scale;- And much, much more.So what are you waiting for? Learn from for one of the top blokes in the real estate industry. Remember, Be Bold, Be Brave and Go Give Life a Crack!