Ep 461: Creating Wealth With New Friends

In this episode, host Daniel Martinez introduces a special episode that dives into various aspects of real estate, including sub-two wraps, foreclosures, and the intricacies of wrapping a deal or a note. Guests share their unique stories and insights into the real estate world, from executing a challenging deal in pre-foreclosure to transitioning into real estate after a job loss, and leveraging creative financing to sell a business. The episode highlights the importance of persistence, networking, and leveraging one's unique skill sets in the real estate industry. The discussion concludes with an introduction to Homester, a platform aimed at connecting buyers, sellers, agents, and loan officers in the real estate market, emphasizing the power of collaboration and partnership in achieving success. 0:34: Angel's Pre-foreclosure Deal Story Angel shares a memorable deal involving a pre-foreclosure property that required persistent follow-up over four months, emphasizing the critical nature of timing in real estate transactions. 1:41: Alex's Transition into Real Estate Alex recounts his journey into real estate following a layoff, highlighting the significance of creative financing in his career shift and the subsequent success he found in the industry. 8:05: Introduction to Homester The conversation shifts towards Homester, a new platform designed to connect various stakeholders in the real estate market, underscoring the episode's focus on networking and collaboration within the industry. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support

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Transcript

hey welcome to the H with us podcast I'm

your host Daniel Martinez today we have

special the episode please go check it

out we covered sub two wraps forclosures

a little bit of everything what they're

looking for how to wrap a deal wrap a

note all that stuff I let find the

button so sh open this

[Music]

up everybody here today we cover cool

interesting stories so we're going to uh

since there's people here they all have

a cool interesting story they're going

to share with us today so Angel you want

to go first yeah I'll go for it one of

the most interesting deals I've done was

the one we went to go take a look at

this past week um 8221 uh listening rush

and that particular deal I had initially

called them back in June when it was it

had only been 18 days on the market but

the seller was in pre- forclosure and at

the time they're only like 12K in a

re but they couldn't uh well they didn't

very beginning so I had to follow up for

an additional um almost four months so I

call the agent like once a week every

single week just to see where the seller

was at and then the seller finally made

up their mind but by the time they they

accepted the offer there were like 42k

in her re so that was a huge jump times

of the essence for those man and if they

too long it makes it harder for them to

help them I think I always hate when

that happens because like you can always

help them the earlier you attach

yourself to a deal like that the more

you can save it and it's easier to save

but when they get let it let time pass

it gets harder and harder so that's

crazy H Alex you want to go next yeah

I'll talk about how I actually got into

real estate it's a pretty interesting

story so it was last year January 18th

is when I got laid off my W2 job I was

working in Tech sales and it was

actually the same day I was flying to my

first speaking event so Grant cardono is

there Pace morby Ed mlet Rob Deer deck

so the same days my flight I get laid

off I was really shocked I wasn't really

sure what to do but then I knew that was

a sign for me to just go all in on a

real estate and that's when I got

introduced to creative finance and just

started diving deep into it learning and

didn't get my first deal for four to

five months but now things have changed

definitely and we found the right team

to work with that's amazing man and you

just you just had a year you're hitting

a year like in a in a week or so right

for being an entrepreneur which is

amazing congratulations Alex uh you want

to go next yeah I was I mean the big

story that pops out uh in my head is on

how I sold my business so when I was

working for like a prop tech company we

got acquired by even bigger prop tech

company so I said screw the man I

started my own business started my HOA

uh own HOA management company and then

discovered creative financing and I've

been doing I've been doing property

management for a while now I was like I

was kind of getting sick of it and

wanted to build something new so I ended

up discovering creative Finance I was

like hey maybe I should creative Finance

seller finance my business so um that

took about like six months to do but was

was able to yeah sell my business

creatively and I thought that was pretty

cool and um it's helped me with what

we're doing

now I think that is amazing so I I

really want to hit on Verge here for a

second so you learned about creative

finance and you sold your business to

their Finance I think one of the things

the cool the really cool things is when

you know seller finance you can leverage

seller finance to your benefit not

necessarily because when you're coming

in as a buyer it's a different type of

seller finance but you're leveraging as

a seller it's a different type of seller

finance but you get you know both sides

because you know what good terms look

like so I want I want to mention this

too because I had when I H I only I've

only sold sold my I've only done one

house deal and it was the house deal I

bought personally and then I sold sold

and seller financed it to somebody else

I essentially wrapped it what you guys

do and that's the only household I've

ever done to date everything else has

been landed But Me Knowing seller

financer not even I knew a little bit I

know a lot more now but just knowing the

basic stuff of seller financing I was

able to leverage that but I think it's

really cool that you sold your business

seller finance as well with with the

strategies because you get the Best of

Both Worlds at this point because now

you can sell and buy via seller

financing which is the whole rap

strategy essentially as well too that's

cool man all right Mitch you ready I am

so I'm going to tell you my story real

quick with these gentlemen here we

actually all met on a zoom we were on a

sub to zoom and I was you know speaking

on you know giving away free leads and

that kind of stuff and they happened to

jump in and I think we were on that Zoom

for probably like three hours and after

that like you know we just had like a

connection and so after that you know I

mean we we started doing deals together

we actually all decided to go out to

Colorado uh we didn't have any planned

meetups or anything like that we stayed

in the Airbnb for nine days together we

went around we toured we we started

educating agents and loan officers you

know they actually set up all these

various meetings with people none of us

knew any of these people it was just you

know co- calling building relationships

talking about deals for nine days and

then um from there you know there was

just a great Synergy and we ended up

they were going out to to do a meeting

at I think it was creative Con in

Phoenix and so they said said hey you

want to come out there with us and I

said yeah so we flew we went ahead

called my wife and I said hey I'm not

I'm not going to make it home I'm going

to be gone for another week she was like

all right so uh we actually went out to

Phoenix we ended up talking with uh pace

and Abraham and you know went to

creative con and met a lot of great

people there and so um that's actually

you know where where we end up doing

Pace's podcast Pace asked hey do you

want to do a he asked me actually do you

want to do a podcast I said yeah I said

but you gotta bring you got to bring the

team in you know so that's actually kind

of like a you know a little bit of our

story of how we all kind of met we

started collaborating and doing deals

together and you know what I would say

is like if uh you know just get out in

the communities that you're in no matter

what it is and start collaborating and

doing deals with people you never know

where you're going to meet your your

business partners

at yeah I I really want to hit on to is

that you guys are all separate in

separate markets you guys don't live

near each other at all and you guys met

on a zoom so that's that's amazing so

it's it's it's uh definitely underrated

I think I think where we're heading in

business is this type of model where you

don't have to go to the office and

there's no centralized office everybody

works out of you know I think it's

really powerful when you can get all all

your systems and people aligned to

create really good really good

opportunities just uh aligning yourself

with other

people try to find people who are

different than you too is what I would

say you know cuz like everybody brings a

different skill set like Verge has you

know skill sets I don't have Angel has

skill sets you know that I don't have

Alex is really good you know at certain

things and he brings skill sets that you

know that each of us don't have we can

all Network right we all love to talk we

all have a different style we all bring

a different uh group too right so when I

go out and talk you know other certain

people will gravitate towards me other

people will gravitate towards angel or

Verge or Alex so it's like you know and

everybody brings different skills you

know mine is definitely not social media

you know so Verge is good at that and

you know so yeah go out and collaborate

and find people that have other skills

you know besides you and see how you can

complement each other so yeah I 100%

back that up too it's uh my me and my

partner are completely opposite and I

think that's what that's what makes

really good Partnerships for everybody

here that's looking for somebody maybe

to partner with in the future opposite

opposite to track so if they're like you

and do stuff the same as you maybe not

the best partner so you always want to

find somebody that that's going to fill

the gaps in your business not

necessarily fight over the fight over

the same same control Parts you know

exactly it's important anybody want to

cover what home store is and where they

can find it real quick please go check

the other Episode by the way too we

cover a lot of more stuff in detail but

anyone to cover

homester yeah so homester you can

actually uh we're still kind of putting

some of it together but you can find

homester on Facebook you can find it on

Instagram or on Tik Tok or on Twitter or

on Pinterest and YouTube and so some of

them may or may not have lot of content

right now but we'll be expanding and

added that adding content on there and

we'll also probably start be we're going

to start doing a lot of live uh events

so we'll be talking about properties

we'll be talking about deals and you

know we'll be able to invite people on

to kind of correspond ask questions and

we can kind of walk through what we're

doing and how we're doing it and that

for instance that that program is to

connect with buyers that are looking for

their non-qualified mortgage borrowers

to buy property right buyers sellers

agents loan

officers you name bring the whole family

yeah jump in let's go let's talk about

real estate let's you know let's see

let's see what we can learn from each

other there you go well I appreciate you

guys coming on thanks for coming on

again I I think everybody we part a lot

of Val and a lot of interesting stuff I

think you guys are very unique like I

said this is the this is the most people

I read on a podcast and I think we did

all right we did all right trying to mix

up the flow a little bit but I

appreciate you all coming in and sharing

knowledge and just being a beacon of

uh information in the community so I

think that's a something something to be

pointed out by me at least if nobody

else does so I appreciate you guys you

guys any questions go check them out

we'll see you all in the next episode

thanks for tuning in guys have a great

[Music]

day

English (auto-generated)

Ep 461: Creating Wealth With New Friends

Daniel Esteban Martinez

Alex Kamenetsky

Virg Mateo

Angel Perez

Mitch Pomeroy