224: Building a Process to Buy 17 Deals a Week with Chris Clothier

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 27 April 2017

⏱️ 82 minutes

🔗️ Recording | iTunes | RSS

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Summary

What does it take to buy 17 deals a week? What if we told you it was the exact same process needed to buy just one deal per year? That’s the topic on today’s show, where we sit down with Chris Clothier to talk about how his company is buying up to 17 deals a week following the same process any investor can to get their own deals. Chris also shares keen insight into building up a thriving business, hiring your first or next employee, why he decided to run a 100-mile ultra-marathon, and much more. Whether you are looking to buy one deal a year or one deal a day, this show will have a tremendous impact on your life! In This Episode We Cover: A quick recap on who Chris is How he started a turnkey company that now boasts 1,800 clients Tips for building the infrastructure of a business Why you should hire people The details on his process for offering on deals How Chris finds deals Thoughts on buying houses through social media A step-by-step guide on how to actually find and close a deal His ultra-marathon story (and how this relates to real estate) And SO much more! Links from the Show Email [email protected] BiggerPockets Forums Be an Author Ben Leybovich’s BP Profile Brian Burke’s BiggerPockets Profile Serge Shukhat’s BiggerPockets Profile Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier (podcast) 5 Myths Holding Investors Back From Real Estate Greatness with Chris Clothier (podcast) Building Wealth and Passive Income with Rental Properties with Ben Leybovich, Brian Burke, and Serge Shukhat (podcast) Carleton Sheets Books Mentioned in this Show Set for Life by Scott Trench (email [email protected]) Make It BIG! by Frank McKinney The 4-Hour Workweek by Tim Ferriss Stealing Fire by Steven Kotler Blue Ocean Strategy by W. Chan Kim Tweetable Topics: “I’m not a businessman; I’m a business man.” (Tweet This!) “There’s no better advice that I can give somebody than to be honest and upfront.” (Tweet This!) “Personal relationships are going to help you earn in your business.” (Tweet This!) “Any investor should be able to find a deal that makes sense in any city during any market, up or down.” (Tweet This!) “A good passive investments allows you to sleep well at night.” (Tweet This!) Connect with Chris Chris’ BiggerPockets Profile Chris’ Turnkey Company Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Passive income without the property headache, it's possible.
0:03.6	There's a way to invest passively in real estate
0:06.1	and get monthly income without any tenants, maintenance,
0:09.2	or property management.
0:10.6	The one thing I've been doing this for years,
0:12.2	and if you're an accredited or high net worth investor, you two can collect cash flow without the headaches that come from owning rentals.
0:18.0	How? By investing in a private real estate fund with PPR capital management.
0:22.0	PPR's co-founder Dave N Horn wrote
0:24.7	the book on real estate note investing for BP but he's not just investing in
0:29.1	notes. David his team also have an extensive background in commercial real estate and with PPR capital management they're strategically investing in
0:36.3	both notes and commercial real estate nationwide. With over half a billion
0:40.1	dollars in assets under management, PPR has provided individuals with a steady source of truly
0:44.8	passive income since 2007 without ever missing a payment.
0:48.7	Check them out at Invest WithPPR.com.
0:51.5	Again if you're looking to get monthly passive income from an experienced team with a strong track record, go to invest with PPR.com today.
0:59.0	Are high mortgage rates killing your cash flow dreams?
1:02.8	What if you could score a 2.99% interest rate on your next rental.
1:07.0	With rental retirement, you can't.
1:09.0	Right now, they're offering 2.99% seller financing on their headache-free turnkey properties at cash flow
1:16.1	over $900 per month on average.
1:19.4	I'm going to stop reading the set.
1:20.4	I'm going to go buy all the properties properties because you hesitated to go and take action.
	...

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