491: Leverage Technology to Boost Your Real Estate Business' Bottom Line with Josh Mente
Real Estate Rockstars Podcast
Aaron Amuchastegui
4.6 • 864 Ratings
🗓️ 3 May 2017
⏱️ 46 minutes
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| 0:00.0 | I'm Pat Hybin and over the past 25 years I've sold over 7,000 homes selling over a billion dollars in volume. |
| 0:11.0 | In 2010, I sold my team business to my top agent and went on book tour promoting my book |
| 0:18.2 | six steps to seven figures, a real estate professionals guide to building wealth and creating your destiny. |
| 0:26.2 | That book went on to become a New York Times bestseller. |
| 0:30.3 | Now I live off the massive income streams from the real estate I bought with commissions I earned as a full-time agent. |
| 0:38.0 | And I am committed to giving back to the real estate industry as so many mentors of mine have given back to me. |
| 0:48.0 | On this show we'll interview the world's best agents, brokers, coaches, and investors to help you make more commissions and |
| 0:57.2 | create the life you deserve. Okay, Rockstar Nation. We have a great guest today who has risen meteorolically, like a meteor-like |
| 1:20.9 | like, from Tamonia, Maryland, Mr. Josh Mente is on the line and so without |
| 1:26.2 | further do, Josh, welcome the real estate rock stars buddy. |
| 1:30.6 | Thank you, Pat. |
| 1:31.6 | I appreciate you having me on the show. |
| 1:33.0 | Hey, Josh, why don't you give everybody a little rundown on yourself so they can get to know you better? |
| 1:39.0 | Yeah, so, you know, obviously I run a real estate team here in the Timmonium area in Maryland and have three kids, a wife, a couple other businesses and just trying to find time to do it all. |
| 1:53.0 | Wow, okay, so let's get some nitty gritty here. |
| 1:57.0 | So like how many houses did you and your team sell last year? |
| 2:01.0 | We had 308 transactions last year? We had three hundred and eight transactions last year. Okay and what was |
| 2:05.8 | your ECI on that your ego commission income? Yeah the the gross ego commission was |
| 2:12.4 | just a little bit north of 1.3 million. |
| 2:15.0 | All right, 1.3 million. |
| 2:16.8 | What was your net profit? |
| 2:18.4 | We were at 28% profit margin. It was around 320,000. So 320. And what's your L. T. You're left to invest after you pay all your personal bills? |
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