Masterminds are a huge deal. When you join a mastermind group, you can meet peers where you’re able to help each other solve problems and develop yourselves together through input and advice from each other. Tom Olson, the Owner/President of The Olson Group Network, believes that the real truest mastermind comes from the book Think and Grow Rich, and that is getting yourself in a small group. Starting at the age of nineteen, Tom swooped on his first property and got into renovations and property services and masterminds. In this episode, dives into the importance of joining masterminds and talks about how he’s managing their Good Success Mastermind and the things they’re doing for he members. He also touches on the value contractor, the BRRRR method, and proper leadership.
The inventory is not gone, especially on the nonperforming side. It has simply shifted and it's going in a different direction. Chaz Guinn has been on the side of the industry that most people don't get to see, those people that buy in bulk and then go through due diligence to get that inventory out to individual investors. Chaz is the President and Managing Director of Revolve Capital Group, a real estate firm that is an active purchaser of seasoned or re-performing loans. He shares some tips on how you can get your hands on quality note deals and shares his insights on the quality of inventory he’s seen, why they created the firm, and the key focuses they’re looking at.
As with any business, relationship building is always a critical part. Kim Tucker, the owner of Realty Resource, talks about bringing more notes in Kansas City or even across the country by running a real estate association for a wider notes business scope. Kim discusses their real-estate investment club and how they are different from the average with their advocacy and system. She notes the issues with real estate that are going on nationwide and says that doing events allows real estate investors, sellers, and buyers to share ideas and raise funds for certain causes. Kim adds that being in a group is priceless because you have people who are going to share information and can help you in preventing mistakes.