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Creating a Stream of Additional Income with Short Term Rentals:

ideas Jul 23, 2022
 
Creating a Stream of Additional Income with Short Term Rentals:
Enjoy travel? Love making your home feel like a vacation getaway for friends and family? Or, just want to add extra income to your bank account every month? Short term rentals can help you achieve all three- and with little effort. Join us as we talk to Sara Wells O'Malley, Maryland Realtor and owner of Mountain Momma Hideaway, about renting out her mountain cabin (think Airbnb or VRBO) and how she's leveraged it to create a stream of income that isn't reliant on one main industry.
We'll discuss:
→ How can I get started?
→ What are my incentives for doing this?
→ How does this differ from renting out long term?
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Challenges of Starting a Real Estate Brokerage Business

Uncategorized Jul 12, 2022

As you look through the list, it's easy to see that many of these struggles are things that you're probably thinking about as well. Let's face it; running a business isn't all fun and games, and you're going to have some struggles along the road. The more prepared you are the less overwhelming your journey will be.

 1. The number one challenge in every office setting always seem to unanimously be DRAMA. Let's face it, if you put more than two human beings in any room together you're going to have drama eventually aren't you? One book I read years ago that always come to mind when drama shows it's ugly head is "Leadership secretes of Attila The Hun". Essentially the lesson to learn from Attila in this book was "never tolerate discontent among the Huns". Anyone who spreads discontent, and you know who they are, must go immediately. They will be like poison inside your business. It doesn't matter if you have 4 agents or 40.  They've got to go!

2. The second biggest struggle...

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Brand Building Vs. Buying Leads

strategy Jul 08, 2022
 
Spending on brand building will always be a better ROI vs. buying leads:
· Long‐term sustainable advertising
· Work with existing and new prospective customers
· Build awareness of your business
And much more...
Learn the exact strategies from me and my team to go from with no connections, no followers, and no website, to having people tell you that they love your brand.
What you will learn:
_ How to grow your personal brand without any connections (and without paying anyone)
_ What to send them and what NOT send them
_ How to make sure you are building a brand for the sake of building a business and not just for making money online.
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How I Started My Own Real Estate Brokerage

Uncategorized Jun 25, 2022

How I Started My Own Real Estate Brokerage – From The Ground Up

Jake and I met when he was selling me a copier for my new mortgage office in 1998. We were married that following November 1999, and we've been working together ever since.

The following year by June 2000 we decided to open our own business—Prime Real Estate Inc—but we never worked for another brokerage. We knew that we wanted to create a business that I could handle by myself should anything ever happen to Jake. You see, Jake has been a diabetic since he was five years old, and today at 52 years old, that takes a toll on his body.

So, we're not your average startup.

We started this business as a way to fulfill our own needs, and we've always been in charge of every major decision. From the start it was our business, our brand, and we called all of the shots.

We got our sales licenses, formed our corporation, and hired a designated broker of record. We were 100% stock holders. It was our business, our...

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Implementing A Strategy To Implement

strategy Jun 24, 2022
 
Implementing Systems and Processes:
Whether its creating QR codes for your website, recruiting an agent sales force, or investing in a new website for your brokerage. Actually getting things implemented in your business will make all the difference in the world, so what's holding you back?
In this week's live, I'll discuss how to IMPLEMENT successfully with 3 concrete steps.
 
1. Create a vision.
2. Write out the action steps to get there: like what is it exactly that you need to do right now in order to make progress towards your vision?
3. Review, prioritize and implement those action steps: You need a plan to move forward, and if you are not making consistent progress on an action step once a week, then look and see where you can improve your implementation process!
 
Becoming a successful brokerage is more than just an idea. It takes action, innovation and execution to make your idea a reality.
And when you're in the industry of real estate, change comes even faster...
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How To Survive the Next Recession

encouragement Jun 17, 2022
 

Here's the LINK to the blog post I shared on screen.  

Facing the economic downturn and planning your survival strategy.

A lot of people are nervous about that we're facing a financial storm.

What can you do to prepare for it?

How can you minimize the damage it can possibly bring?

I'm going to answer this with confidence because I have studied recessions dated all the way back to 1960.

A recession is not the time to be complacent, this is the time to make moves and capitalize.

And, I'll be honest with you, I'm not an economist nor do I play one on the internet. But that doesn't stop me from educating my subscribers about the environment we currently live in and how to maneuver it to their advantage.

Have questions? Post them in the comment section

If you're going to be successful in this business, you need to learn how to survive a recession.

Recession is inevitable in the long-term. It's the cyclical nature of capitalism and a free market. So how do you equip yourself...

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Show Up Big, But Stay Small

Uncategorized Jun 15, 2022
 

I do hope you enjoy the REPLAY of the above LIVE. 

 

Let me know if there's anything I can do to help you grow your business.

 

 

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Cows Don't Give Milk

Uncategorized Jun 15, 2022

A father used to say to his children when they were young: —When you all  reach the age of 12  I will tell you the secret of life. One day when the oldest turned 12, he anxiously asked his father what was the secret of life. The father replied that he was going to tell him, but that he should not reveal it to his brothers.

—The secret of life is this: The cow does not give milk. "What are you saying?" Asked the boy incredulously. —As you hear it, son: The cow does not give milk, you have to milk it. You have to get up at 4 in the morning, go to the field, walk through the corral full of manure, tie the tail, hobble the legs of the cow, sit on the stool, place the bucket and do the work yourself.

That is the secret of life, the cow does not give milk. You milk her or you don't get milk. There is this generation that thinks that cows GIVE milk. That things are automatic and free: their mentality is that if "I wish, I ask..... I obtain."

"They have been...

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15 Test Taking Hacks

Uncategorized Jun 15, 2022

I'm a believer if you want to to become an expert and succeed at something important to you - you study for it.

We study for all kinds of mile stones in our lives, don't we?

We study to test well in school as a child. 

We study to learn a new skill on the job.

We all studied to take the real estate exam to get our sales license.  

I certainly studied when I took my mortgage broker license, the real estate sales license, and my broker license testing and all the wonderful certifications in between.  

Studying for another license isn't always appealing. It's easy to get comfortable isn't it? Or maybe it's a fear of failure.

If the thought of studying for another test and passing the exam is holding you back from getting your broker license lets unpack these 15 test taking HACKS

1. Don’t over think it and change your answers.

 

2. Read the question, then re-read it backwards, then read it again. It forces you to pay...

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How To Stay Motivated, When Your Bills Are Due

Uncategorized Jun 13, 2022
 

The struggle is real, my friend.

Building a business is a long road.

And if you're not careful it can take a toll on your health and well-being.

Let me tell you from experience that feeling like your life is spiraling out of control while juggling bills and trying to do something new with your life is no walk in the park.

Unfortunately, things don't always go as planned, so you have to find a way to re-direct your energy in a positive way and learn how to bounce back quickly.

Now I'm not going to lie — this isn't easy.

But it's possible!

You just need the right tools to build your four walls and do what you need for the tasks at hand. Then you need to get mad and get moving so you can actually feel like you're making progress towards building something real and tangible that works for YOU!

Today, let's look at three tips so you can become more productive as an entrepreneur today

To start, you need to adjust your mindset and recognize that you’re going to run into...

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