In this presentation you'll learn how a complete real estate newbie wholesaled, rehabbed, land-lorded and raised over 3.4 million dollars in private financing, In her first year as a real estate investor...
Charles BlairOwner and Founder at Real Deal MeetUp & Page One Success
Real Deal MeetUp Event | How To Have Success Automating Your Real Estate Business
1. Brittney Calloway’s
HOW TO AUTOMATE
YOUR BUSINESS
Go To RealDealMeetUp.com
For Video of this Presentation
2. Who am I?
Brittney Calloway – “Systems Queen”
Originally from NJ
B.A William and Mary; M.Ed George Mason
(Teach for America); MBA TBD.
Strengths: Outsourcing; Raising money;
Developing people.
Hobbies: spin cycling, chess, non-profit work
3. How did I get here?
Landed here in DC to do Teach for America in
2011. Masters in Education from George Mason
Entertained idea of law school and worked for
Georgetown University.
Read Rich Dad Poor Dad ;E-myth; Think and
grow rich and decided to buy into a real estate
course Fortune Builders.
Started Top Notch Property Solutions and Top
Notch Holdings, LLC and now Top Notch
Consulting, LLC
10/11/2015
4. MY WHY?! Why I do what I do?
• Buying her a surprise house in Ft.
Lauderdale in August 2015 and
allowing her to retire in 2016.
• Buying her the dream car she has
always wanted.
• Grinding hard now so I can enjoy
all that life has to offer later!
10/11/2015
7. What do I actually do?
Full Time Real Estate Investor
Currently doing rehabs in 4 different
states: NJ, FL,OH, and MD
Wholesale deals: DC, NJ FL OH MD
Commercial Deals
Private Lending:
RAISED 3.4 MILLION
TO DATE
10/11/2015
8. My Wholesale Deals
10/11/2015
• me!!!!
Roosevelt St. DC– Found off the MLS: Put under
contract; sent out an investor blast as rental.
Process 55 days. Profit 7k
Maryland condos – Found seller via gala:
Put under contract; sent out an investor blast.
Process 35 days. Profit 11k.
9. My Deals-Rehabbing in Ohio
Where: Columbus OH
Who found it: Virtual Assistant put us on a
wholesaler list.
Process is puts credible leads in Podio, writes an
offer; submits for review
10/11/2015
Ask: $30,500
Repairs: $25,000
Sold: $97,000
Profit: $23,000
10. My Deals-Rehabbing in NJ
Where: Colonia, NJ
Who found it: Friend from middle school
introduced me to a wholesaler in NJ
10/11/2015
Ask: $140,000
Repairs: $75,000
“Sold”: $320,000
Profit: $55,000
11. 10/11/2015
My Deals Rehabbing in Florida
10/11/2015
Where: Tamarac, FL
Costs invested to find deal: $75.00 in total $25.00 per week.
Who found it: Virtual Assistant evaluated MLS deals, puts
credible leads in Podio, submitted offer on property.
Ask: $62,800
Repairs: $50,000
Sold: $199,000
Profit: $67,000
12. Featured on Chanel Fox 28 Good Day Market
Place on the Good Morning Columbus show.
10/11/2015
My Deals- Vintage, OH
13. Investing my money
• Turned my 403B and 401K into a Self-directed IRA and
invest my own money in flips.
.
10/11/2015
14. Increasing my wealth through
rental properties!!!
• Use profit from flips to buy rental properties
• Buy rentals for other investors
10/11/2015
Multi Family Unit
Who found it: friend
from middle school’s
great Aunt.
Paying for it: Taking
over “Subject to”
financing with a 7k
payout.
Cash flow: $600 a
month. 5 years $2,700.
15. Use my Affiliate marketing contacts
to get paid
• Help a handful of clientele buy and sell retail houses
• Get paid for referrals ALL DAY through Affiliate
Marketing …I also pay when you affiliate market me
10/11/2015
16. How long did it take?!?!
10/11/2015
November 7th of 2014 is when I quite my full
time job to work on becoming a millionaire.
19. Why I Invest Where I invest
1. Increasing Population Growth-
More people=more tenants= more $$
2. Diverse Economy Multiple sources of Jobs.
3. Infrastructure and Improvements
City Improvements & “landlord friendly”
4. Vacancy Rate areas that are less than 10%
5. Does area attract buyers?
CHECK USING : WWW.BESTPLACES.NET
10/11/2015
20. TOP AREAS TO INVEST IN
1. Austin, Houston, Dallas, TX
2. Orlando, Miami, West Palm Beach
3. Raleigh & Memphis
4. Detroit, Michigan
5. Atlanta
6. Memphis
10/11/2015
21. How have I and other small
businesses I’ve worked with
scale up their business?
10/11/2015
22. SYSTEMS! SYSTEMS! SYSTEMS!!
When you have systems you create ______
When you have consistency you increase your________
When you increase productivity you increase________
When you increase revenue you can hire more _______
When you hire more employees you leverage your_____
TIME IS______________________
23. How have we leveraged our time?
VIRTUAL ASSISTANTS
BLUEPRINT
10/11/2015
24. Why is it important to
leverage time in your real
estate business?
10/11/2015
27. Meet our internal Team
10/11/2015
Social Media
Online Marketing
Cold Calling
Offers ; Podio
Takes calls
Appointments
Sayam- Responsible for
managing rehabs;
Acquisition manager;
commercial lead source
manager.
Website design;
SEO; PPC;
Retargeting;
Direct Mail
Marketing
Campaigns
Brittney - Private
Money Coordinator;
Training and Hiring
Team members;
Residential Lead source
manager
28. The key to scaling up
Documenting every aspect of your business !
Consistency
Creating accountability for all members on your
team
Having benchmarked goals each quarter
Continuing to fire yourself and move up the
ladder to becoming an entrepreneur and not a
technician
10/11/2015
29. HOW
Have replicated my systems with current clients
Document everything in my business
Outsource it to other people
WASH; RINS; CASH CHECKS; REPEAT
10/11/2015
30. TOP 3 Things to do before
choosing a virtual assistant
Posting a compelling job post
Conducting a thorough interview
Giving them a test to demonstrate their
proficiency on thes
10/11/2015
32. REI Automation Workshop
Make sure you attend my FULL All Day
workshop . REI Automation On November ,
2015 at the Towson University Marriott Hotel.
In Towson Maryland.
Go to www.REIAutomationWorkshop.com to
reserve your seat.
To watch the full 100 % All Content video of
this presentation go to
www.RealDealMeetup.com
33. TIPS TO HIRING A STELLER
AGENT
Give tests on what you want to accomplish
Pick one that is top 20 but not top 10
Explain your bonus incentives and make sure
you give incentives throughout process
Do a thorough interview on their goals and
make sure you can add to their goals
10/11/2015
34. TIPS ON HIRING A
CONTRACTOR
Have them bid on the project
Check all of their references
Visit their projects
Conduct thorough interview and see how you both can
help each other reach your goals
Have them sign the 6 critical documents; W9; contract;
lien waiver; Insurance Agreement; Scope of Work
Template; Payment Schedule; Independent Contractor
Agreement
10/11/2015
36. 10/11/2015
WHY MINDSET IS IMPORTANT?!
Understand when you elevate people your
business elevates!
Training and helping people helps your business
skills
Communication is key!
If the project isn’t completed the way you wanted
it to be done….whose fault is it?
37. What can VA’s or interns do for
your business
Hang bandit signs (local intern)
Pick up phone calls
Marketing: Direct mail; Slydial; Probate; Craig’s List; Zillow
Social media: Facebook; Twitter; Instagram; Blog posts
Generate leads
Create buyers/sellers/lenders lists/auto responders
Submit offers
Schedule meetings
10/11/2015
38. What can VA’s or interns do for
your business Part II
Quickbooks
Cold calling
Website maintenance/SEO/spying/PPC/Retargeting/Google
Analytics
Newsletter
Document Prep
Wholesale/Manage Rehabs
Help with hiring employees
Build rental portfolio/manage rentals/auction scouting
10/11/2015
40. Virtual Assistant MLS Deal
Where: Boyton Beach, FL
Costs invested to find deal: $75.00 in total
$25.00 per week.
Who found it: Virtual Assistant evaluated MLS
deals, puts credible leads in Podio, submitted
offer on property.
10/11/2015
Ask: 321,000
Repairs: 80,000
Sold: 515,000
Profit: 50,000
41. Virtual Assistant Probate Lead
Where: Plantation, FL
Costs invested to find deal: $40-75 per campaign
Who found it: Virtual Assistant looked up probate
leads/connected address. Put credible leads in Podio.
Intern stuffed envelopes. Call backs got offers
submitted on their property
10/11/2015
Ask: 227,000
Repairs: 70,000
Sold: 497,000
Profit: 75,000
42. Where to find VA’s or interns
Fiver
Fancy Hands
School internship/career fairs
Work study programs
Community colleges
10/11/2015
43. Where to find VA’s or interns
Odesk
Myoutdesk
Upwork (Formally E-lance)
99 Designs
Task Rabbit
Investors/Gurus
10/11/2015
44. How to communicate with them?
Skype
Google hangout/voice for conference calls
Free conference call line
Appxy –Time sheet tracking/combined with
screen shots of work
10/11/2015
45. Tools to support you when
working with Virtual Assistants
Zapier
Podio
A-Webber
Mailchimp
Infusionsoft
Quickbooks
Text Alerts
Meetup/Linked-In
10/11/2015
Call Fire
Youtube
Instabuilder
Jing
VCITA
Google Talk
Meetup/Linked-In
46. Why it is important to outsource now?!
Time isn’t money it is ______________
85% of millionaires say their biggest year of
growth came from hiring their first employee
Start firing your self so that you can move from
a technician to manager to entrepreneur
10/11/2015
47. Why it is important to outsource now?!
Time isn’t money it is ______________
85% of millionaires say their biggest year of
growth came from hiring their first employee
Start firing your self so that you can move from
a technician to manager to entrepreneur
10/11/2015
48. How you can outsource tomorrow
Offers on the MLS
Podio CRM database set up
Marketing campaigns
Someone answering your phones
10/11/2015
49. REI AUTOMATION
VIRTUAL QUICKSTART
Bronze package (12 Weeks)
-Webinar course (over 20 instructional videos)
-Closed Facebook Group
-Accountability group (with weekly calls)
-6 Coaching calls
-Unlimited email support
-Access to the Top Notch Outsourcing manual
10/11/2015
50. REI AUTOMATION VIRTUAL
QUICKSTART
Silver Package (6 months)
-Webinar course (over 20 instructional videos)
-Closed Facebook Group
-Accountability group (with weekly calls)
-10 Coaching calls
-Unlimited email support
-Access to the Top Notch Outsourcing manual
-Virtual Assistant Project Manager
-Access to Top Notch’s team who will provide 2 lead pages,
help implement 3 marketing campaigns
-Access to Florida Property Tour
-Free Private Money workshop (2 coaching call practices)
51. REI AUTOMATION VIRTUAL
QUICKSTART
-Webinar course (over 20 instructional videos)
-Closed Facebook Group
-Accountability group (with weekly calls)
-20 Coaching calls
-Unlimited email support
-Access to the Top Notch Outsourcing manual
-Virtual Assistant Project Manager
-Access to Top Notch’s team who will provide 3 lead pages, help
implement 4 marketing campaigns
-Access to Florida Property Tour
-Free Private Money workshop (2 coaching call practices)
- Membership into VIP Partnership program – access to fund deals
Gold Package (1 Year)
52. REI Automation Workshop
Make sure you attend my FULL All Day
workshop . REI Automation On November 7,
2015 at the Towson University Marriott Hotel.
In Towson Maryland.
Go to www.REIAutomationWorkshop.com to
reserve your seat.
To watch the full 100 % All Content video of
this presentation go to
www.RealDealMeetup.com