Unlocking the Secrets of Real Estate Success with Patrick Francey

The Home Service Expert Podcast

Tommy Mello

Business, Management

4.8 • 705 Ratings

🗓️ 12 May 2025

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this conversation, Tommy Mello and Patrick Francey delve into the world of real estate investing, discussing the mindset required for success, the concept of the 'Everyday Millionaire', and the importance of investing wisely. They explore various strategies for real estate investment, including the innovative 'self-funding house' concept, and emphasize the significance of courage and risk-taking in business.

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00:00 The Mindset of Real Estate Investing

03:13 Understanding the Everyday Millionaire

05:57 Investing in Real Estate: The Right Way

08:49 Strategies for Real Estate Investment

11:56 The Self-Funding House Concept

15:04 The Importance of Real Estate in Wealth Building

17:59 Courage and Risk in Business

20:49 The Role of Mindset and Performance Coaching

30:37 Transforming Mindsets in Sports

32:29 The Role of Coaches in Player Development

34:02 The Importance of Mentorship

37:09 Living Below Your Means for Financial Growth

38:49 Creating Meaningful Experiences

45:39 Advice for New Investors

46:40 The Purpose Behind the Everyday Millionaire Podcast

49:42 Embracing Discomfort for Growth

56:33 Navigating Challenging Times with Clarity

Transcript

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0:00.0	there's always another deal. Don't chase it. Do your diligence. Don't get caught in your ego.
0:06.0	But this is such a great deal. Yeah. Okay, well, it's not that great and it's going to stretch you and you're not ready for it. There's always another real estate deal.
0:14.0	Welcome to the home service expert where each week Tommy chats with world-class entrepreneurs and experts in various fields,
0:22.0	like marketing, sales, hiring, and leadership to find out what's really behind their success in business.
0:28.9	Now, your host, the Home Service Millionaire, Tommy Mello.
0:33.7	Before we get started, I wanted to share two important things with you.
0:37.1	First, I want you to implement what you learned today.
0:39.8	To do that, you'll have to take a lot of notes, but I also want you to fully concentrate on the interview.
0:45.6	So I ask the team to take notes for you.
0:47.6	Just text, note, N-O-T-E-S, to 888-526-1299.
0:54.6	That's 888-5-26-1299. That's 888-526-1299, and you'll receive a link to download the notes from today's episode.
1:02.3	Also, if you haven't got your copy of my newest book, Elevate, please go check it out.
1:07.2	I'll share with you how I attracted and developed a winning team that helped me build a $200 million company in 22 states. Just go to elevate and win.com for slash podcast to get your
1:17.0	copy. Now let's go back into the interview. All right, guys, welcome back to the Home Service
1:21.2	Expert Podcast. I am doing this podcast from Cabo. Super excited. I got Patrick Francie here.
1:29.2	He's an expert in real estate finance podcasting. His podcast, the real estate investment network, and he's the host of the
1:35.9	Everyday Millionaire podcast. He's near Vancouver, but spends a lot of time all over the place.
1:44.9	Yeah, why don't you just tell us a little bit about you and have the audience get to know you a little more?
1:49.7	Well, a little bit about me.
1:51.5	Cole's notes is I've been in business just over 40 years.
1:54.5	I'm still fired up, ready to go.
1:56.8	You know, there's that old phrase that when your vocation is like a vacation, you never work a day in your life.
	...

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