Brilliant at the Basics Part 7: What If You Had to Start from Scratch » Peter Vekselman
Summary: In this episode, we’re on part 7 of our awesome series about the basics of REI. If you don’t have a good foundation of the fundamentals of REI, it’ll be super-hard to succeed in this industry, which is why we’re covering all the basics in this series… to provide you that foundation. Peter Vekselman, my business partner, is also back with us again. Ya know, Peter and I actually wrote a book together: Brilliant at the Basics. Make sure you pick that up; it’s got tons of awesome info, obviously that’s all about the basics. Today, Peter tells us what he’d do if he had to start from scratch; why you need inventory to get your business moving in the right direction; how to acquire that inventory; which websites to use to grow your business; and the importance of networking. Awesome stuff! This one’s short and sweet… Here we go… Watch and Enjoy: What’s inside: 2:37 – If Peter had to start all over again, this is what he’d do 5:05 – Who to connect with when you’re just starting to deals 8:35 – Network, network, network Mentioned in this episode: Joe and Peter’s <a href="http://www.freebasicbook.com" target="_blank">Brilliant at the Basics</a> free book <a href="http://www.craigslist.org" target="_blank">Craigslist</a> <a href="http://www.linkedin.com" target="_blank">LinkedIn</a> <a href="http://www.meetup.com" target="_blank">Meet Up</a> <a href="http://www.backpage.com" target="_blank">Back Page</a> Peter and Joe’s <a href="http://www.peterandjoe.com" target="_blank">Apprenticing and Partnership Program</a> Tweetables: [Tweet "Look into Lease Options, which allow you to control property without owning it plus other benefits"] [Tweet "With lease options, you can get cash now & cash flow over 2-5 years & cash later when you sell the prop"] [Tweet "There's plenty of opportunities to make money, but you must understand the basics of REI to succeed"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/02/Brilliant-at-the-Basics-Part-7-What-if-You-Had-to-Start-from-Scratch-.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe: Hey, everybody. Welcome! This is Joe McCall of Real Estate Investing Mastery Podcast. And, I'm here with my good friend and business partner, Peter Vekselman. How are you doing, Peter? Peter: I'm doing great. Thanks Joe! Joe: Awesome! Joe: Listen, this is part of the "Brilliant at the Basics" podcast series that I'm doing with Peter. Peter and I have been working for over a year, maybe about a year and a half now. And, we wrote a really awesome book, in our humble opinion called, "Being Brilliant at the Basics." And, this podcast series, we're going... We're creating to kind of teach people how to do this business. Teach people, and remind people the best we can, how to keep it simple. That this business... Really, you can be very successful. You can make a lot of money by just keeping things simple, and remembering the basics. So, if you want to get a copy of this book, go to freebasicbook.com. Freebasicbook.com. We will ship the book out to you. You'll only have to pay shipping and handling. We'll ship the book to you. You'll get some videos that we created, that you can't get anywhere else that we created while we were writing this book. And, I'm also throwing in an extra bonus that... Not really even talk much about it anymore. But, it's a book that I wrote about a year ago called, "Flipping Homes While on Vacation." And, it's a really cool book. But, you get that as an extra bonus. Now, part of the reason why we’re doing this also is, Peter and I, we have... We'll talk about this more as we go into this. But, we have a program where we partner with students all over the country, and basically, duplicate our business model with them. We set up their systems. We do all their marketing. It's pretty amazing. We're just taking the basic simple stuff that we are doin...
