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Disruptors

How Eric Brewer’s Investment Side Did 375 Transactions and Traditional Side Sold 75MM+ in Past Year

Disruptors

Steve Trang

Business, Investing, Careers

4.9742 Ratings

🗓️ 22 October 2020

⏱️ 101 minutes

🧾️ Download transcript

Summary

Eric Brewer talks about how he went from selling cars to flipping houses. Along the way, he learned how to lead other people to help his company wholesale, whole-tail, flip, and turn key 375 investor transactions while also doing 400+ retail transactions. Join us to learn more about Novations at www.brewermethod.com Video Replay of Interview with Eric Brewer Start Your Real Estate Disruptors Journey by visiting https://l9aljqz8k7.wpdns.site SHOW NOTESDownload SHOW NOTES How Eric Brewer’s Investment Arm Does 375 Deals A Year While His Retail Team Does 75MM+ In Volume With Eric Brewer, Integrity First Home Buyers Oct. 21, 2020 About Eric Brewer Eric Brewer joined CR Property Group in 2006. Since then the company has bought, renovated, and sold well over 2,500 homes in Pennsylvania. In 2017, he became an Owner allowing him to utilize his extensive background and experience in the acquisition, rehabilitation, sale of real estate, and to grow the brand to also include; Integrity First Home Buyers and Clear 2 Close Renovations.  Connect with or find more information about Eric at integrityfirsthomebuyers.com, Eric@integrityfirsthomebuyers.com, or facebook.com/IntegrityFirstHomeBuyers. Find out more about the Brewer Method at www.BrewerMethod.com. Show Notes Steve and Eric discuss Eric’s early experiences in real estate, how he and his partner build Integrity First Home Buyers, the massive volume the company does and how they find and evaluate deals, the importance of networking and education, and introduce the Brewer Method — using a Novation agreement to turn leads you would normally trash into big profits. Top 5 Takeaways from Eric Brewer: 5.  Find what you do well in your business, and hire the right people to do the parts you either don’t like or are not good at doing.  4. Good salespeople are usually messy and bad with paperwork; so let your salespeople do sales and hire detail-oriented people to take the paperwork off the salespeople’s hands. You will have much better compliance with far fewer errors, and much better sales because your salespeople won’t be grinding through the paperwork they hate. 3. Know your market and use your lead gen/data providers to help you define your target properties. It’s better to do fewer deals but make two to three times the profit than to run yourself ragged. 2. Look for ways you can legally differentiate yourself in hot markets. Right now, it’s a seller’s market and investors are competing heavily for properties. If you offer something unique, like the Brewer Method’s Novation strategy, you can position yourself as one of the few investors who can help sellers by getting the what they need from their property. 1. Every contract — every single one — should have a Novation provision in it. This gives you flexibility as the investor to offer Novation terms to a home seller, allowing you to close more deals that other investors cannot touch. The Brewer Method can show you exactly how to do this legally and ethically. Bonus Takeaway:  If Eric could go back and change anything, he would have paid for and used masterminds, education, and better networking with other successful real estate investors early on. Once he started using mastermind groups like Collective Genius and other training programs, especially business organization and management training, Integrity First Home Buyers experienced a 50% increase in transactions completed with less pressure, stress, and problems. Don’t put off getting educated on how to run your business. About Steve Trang Steve Trang is the founder of the Real Estate Disruptors movement and host of the Real Estate Disruptors Podcast. He started his podcast in the middle of 2018 to inspire wholesalers and real estate agents to double their incomes by adding a second leg to their business. The podcast has now grown to ten thousand followers with new members of the community sharing their success story every week. Steve’s goal is to create 100 Millionaires. One of his favorite quotes is from the great Zig Ziglar: “You can have everything in life you want, if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. In fact, it’s essentially one of the core values Steve lives by. Connect with Steve at linkedin.com/in/stevetrang, facebook.com/stevetrang, instagram.com/steve.trang, stevetrang.com, or realestatedisruptors.com. TRANSCRIPT-How-Eric-Brewers-Investment-Arm-Does-375-Deal-A-Year-While-His-Retail-Team-Does-75MM-In-VolumeDownload The post How Eric Brewer’s Investment Side Did 375 Transactions and Traditional Side Sold 75MM+ in Past Year appeared first on Real Estate Disruptors.

Transcript

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0:00.0

Hey, everybody. Thank you for joining us for today's episode of Real Estate Disruptors. Today we have Eric Brewer with Integrity First Homebuyers and he flew in from York, Pennsylvania.

0:09.6

Talk about how his company did 375 investor transactions and another $75 million in sold volume on the traditional side in the last 12 months.

0:20.0

Crazy, crazy numbers. If this is your first time tuning in, I'm Steve Trang, founder of the Offer Fast Homes app, the last 12 months. Crazy, crazy numbers.

0:21.4

If this is your first time tuning in, I'm Steve Trang, founder of the Offer Fast

0:24.3

Homes app, the only MLS for off-market wholesale properties, and I'm on a mission to create

0:28.2

100 millionaires.

0:30.2

Some of you guys may have noticed that we ventured off the reservation for SkipTracing.

0:34.6

We went back to the old reliable batch skip tracing, we went back to old reliable batch skip tracing. If you guys like our show and want to help us, please go to our white label, skipfast.com, to do your skip tracing.

0:43.0

And if you get value today, it'll help us a lot.

0:45.8

If you can tag it from below, share this episode, or comment below.

0:49.9

That way we can all grow together.

0:51.9

And this is a live show.

0:53.7

So please ask your questions for Eric to answer.

0:56.3

You ready?

0:57.4

Ready to roll.

0:58.4

All right.

0:59.0

So first question is a simple one.

1:00.9

What got you in the real estate?

1:03.9

So I got my starting business in the car business.

1:06.8

We talked a little bit about that earlier today.

1:10.0

But for the sake of time today, I got started in the car business and spent eight years in the car business, learned an awful lot, established a great work ethic, learned how to sell and learned a little bit about how to manage, and got out of the car business.

1:26.2

I don't remember the exact year, but it was right around the time that my oldest son was being born

...

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