827: From $16/Hour Factory Wages to SIX-FIGURE Real Estate Paychecks w/Keith Everett

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 5 October 2023

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Want a PRACTICAL guide to making six figures in real estate? What about a way to do it in a year or less? That’s precisely what Keith Everett did, trading his sixteen-dollar-an-hour factory job for the potential to make six figures by himself, wholesaling real estate. Keith dropped out of college to work, realizing he made as much at his job as his university professors. After working twelve to sixteen-hour shifts and receiving a ten-cent raise (seriously), Keith knew he needed a way out. Keith purchased a twenty-dollar book on real estate investing and got his first deal soon after. He was flying high, thinking the rest would be easy until the money stopped flowing in, his car got repossessed, his bank account ran low, and his wife was forced to move away for a job that would support the family. This wasn’t Keith’s plan, but he quickly turned things around. Now, Keith runs a real estate business that brings in not just six figures a year but six figures a MONTH. He’s done over 400 deals in the past seven years and went from factory worker to scrappy hustler to CEO. Keith walks through every book he read, course he attended, and skill he learned that took his wealth to the next level. If you follow his practical tips, you could end up right where he is. In This Episode We Cover: How to make six figures a year (or month) by wholesaling real estate Finding your “financial thermostat” and setting it so you save money EVERY month How to fix your credit and the one thing you can do now to boost your score How to go from hustler to CEO and build a business instead of another job The biggest mistake Keith made when he started making serious money The three things Keith focuses on when doing ANY deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Henry's BiggerPockets Profile Henry's Instagram Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts: Spotify Apple Podcasts BiggerPockets Watch Henry on the “On the Market” YouTube Channel CreditStrong Self.inc Book Mentioned in the Show Flip by Nick Ruiz Objections by Jeb Blount Outwitting the Devil by Napoleon Hill Profit First by Mike Michalowicz Rich Dad Poor Dad by Robert Kiyosaki Secrets of the Millionaire Mind by T. Harv Eker The 5 Love Languages by Gary Chapman Traction by Gino Wickman Way of the Wolf by Jordan Belfort You Can’t Teach a Kid to Ride a Bike at a Seminar by David Sandler Connect with Keith: Keith's Instagram Keith's Twitter/X Hustle Implementers Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-827 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the bigger pockets real estate show number 8 27 so before I actually was in real estate
0:07.2	I was working out the fact three 12 to 16 hour shifts on the weekend sacrifice that as a young kid and
0:13.2	You know 2000 what you know 14 I dropped out of college so what happened was so when I read the book and for every
0:20.4	Where 2016 I start taking action in March and March I end up getting the house on the contract for $28,000
0:28.6	I closed on the property for 33,000
0:31.7	30 days later. I did a joint venture with another guy with split at 2500 2500
0:37.2	I end up quitting my job at the beginning of May
0:39.7	Today's guest is Keith Everett aka the real estate diddy here to condense all the wisdom of the seven years in real estate
0:47.2	And to 45 minutes of pure real estate gold for you and I'm joined here by my co-host my good friend Henry Washington
0:55.7	How are you doing today, man? I am fantastic
0:58.3	As always love doing shows with you and love getting to talk to
1:03.6	This BP audience man, so thank you so much
1:06.0	This is going to be a good one because we're going to talk about what it means to not only take action
1:10.5	But how to optimize whatever machine that you're building and continue to take action to eventually scale to
1:17.1	Massive amount of deals every single year. This is going to be a crazy story
1:21.3	Where some valuable strategies or insights that investors can take away from what we're going to talk about today
1:25.8	Man, there's all kinds of cool stuff first first thing I love like
1:30.4	Hearing or seeing stories of like practical application because we always hear like you need to go get information
1:36.8	And then you need to take action, but like why does that really look like like what steps do you actually take and so I'm
1:43.7	Loving that we're going to get some practical application for getting started from nowhere
1:49.3	Hearing great information and then taking action and I think a lot of people are going to get really some great value from this concept
1:56.1	The financial thermostat and what that means and how you use the financial thermostat to grow and scale your business
	...

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