I Was Losing My House... Then I Did THIS (5 Lessons That Changed Everything) » REI In Your Car
Real Estate Investing Mastery Podcast
Joe McCall
4.8 • 551 Ratings
🗓️ 17 December 2025
⏱️ 14 minutes
🧾️ Download transcript
Summary
I want to share a story that still hits close to home. There was a season where I was losing my house, cash was bleeding out fast, and my wife was eight months pregnant. I had bought course after course, tried to learn everything, and still wasn’t doing the one thing that mattered most. Taking action.
That pressure forced me to make a decision. I stopped trying to customize everything and finally committed to following a proven system exactly as it was laid out. No tweaking. No overthinking. Just doing the uncomfortable work. That shift changed everything.
In this episode, I break down the five lessons that helped me turn things around and why having the right coach and actually listening to them can save you years of frustration. If you feel stuck, overwhelmed, or like you are doing all the right things with nothing to show for it, this conversation might be the wake-up call you need.
What’s Inside:
—Why following instructions matters more than trying to be creative early on
—How a coach saves time, money, and painful mistakes
—The power of accountability and focused action
—Borrowing confidence until you build your own
Transcript
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| 0:00.0 | What's going on, guys, Joe McCall, R.E.I. In Your Car? |
| 0:17.6 | On this podcast, I'm going to be talking about why you need a coach or a mentor. |
| 0:23.2 | I got five reasons why. |
| 0:24.6 | This will be a shorty but a goody podcast. |
| 0:27.6 | All right. |
| 0:27.8 | I've always had coaches and mentors. |
| 0:30.0 | I still do this day. |
| 0:32.0 | And it wasn't until, well, let me tell you real quick an introduction of why I feel like this is so important. |
| 0:36.9 | I did get a coach when I first wanted to get into real estate investing. |
| 0:40.6 | And I remember very clearly, it was probably 2006, 2007. |
| 0:44.8 | I wanted to get into real estate. |
| 0:46.5 | I wanted to start doing deals. |
| 0:48.1 | And I bought courses and I just finally wanted some personal one-on-one direction, all right? |
| 0:53.1 | And I hired this coach, |
| 0:55.3 | which all just conveniently happened to be their program cost $13,000 because that's what we had |
| 1:01.4 | an available credit on three different credit cards. So it was a six-month program. Every week, |
| 1:06.0 | there was a one-on-one, well, a group coaching call with one coach in about 10 or 12 people. And then I could call |
| 1:12.7 | any time I needed help with anything. And they sent me a bunch of manuals and stuff and homework. And so I |
| 1:17.5 | started going through it. But I was really afraid to take action. Every day they gave a simple homework, |
| 1:22.3 | like, you know, call five realtors, find a property on Craigslist or whatever. So, like, I did all the homework |
| 1:29.5 | that didn't involve anything really important, like calling realtors, calling buyers, calling |
| 1:35.5 | sellers, making offers. I did all the other stuff, right, creating an LLC, but anything that |
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