meta_pixel
Tapesearch Logo
Log in
The Best Ever CRE Show

JF622: How He Flipped 80 Properties and Lost $1.5 MM in Two Years

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 16 May 2016

⏱️ 22 minutes

🧾️ Download transcript

Summary

He lost $1.5 MM and shares how he did it. He has also completed over 80 flips and building systems to support your real estate business. Hear how someone remains resilient even when he was robbed by the market! Best Ever Tweet: I looked for mentors and tried to find a model I could replicate. John Newman real estate background: Realtor since 2003 and runs both a successful real estate investment company and a large residential real estate team Personally has done 80 flips since 2002 His team is currently ranked in the top .05% of Realtors nationwide having sold over $100M in residential real estate Based in Crofton, Maryland Say hi to him at thinknewman.com Listen to all episodes and get a FREE crash course on real estate investing at: http://www.joefairless.com Do you need more leads for your real estate business and a platform to grab more leads? Danny Johnson has a solution for you, go to leadpropeller.com set up your website for success and get more leads! Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg Subscribe in iTunes  and  Stitcher  so you don’t miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.7

InvestHircon is not just another real estate conference.

0:27.1

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R, Con.com, promo code 100 best ever to get $100 off your ticket.

1:05.0

You have to understand how to value an asset.

1:08.6

Where I see investors make mistakes

1:10.6

is they don't spend enough time figuring out what the end price is for that

1:16.2

piece of property.

1:17.6

If you're off on that number by a couple percent, it makes a big difference. Best ever listeners, before we get into today's episode. I want to mention door

1:25.8

Don't you know what I need to mention door devil. I need to mention door devil to you. It's not just a want. It's a need because you need this door devil quite simply defends your home against kick in burglary attacks

1:39.9

They happen frequently there are 1.4 million homes that are broken into every year and a lot of them are done through kick-ins.

1:49.0

If you've got a home security system, then props to you.

1:53.7

I'm glad you've got that and that's important.

1:56.2

But it doesn't prevent the bad people

1:59.1

from kicking in your door, whether it's your front door,

2:02.1

your back door, your side door,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.