Epic Real Estate Investing - ROI Multiplied with Stuart Gethner | 327

Episode Date: December 29, 2017

Today on Financial Freedom Friday we share insights from Epic Real Estate Investor Stuart Gethner on how to get your ROI multiplied. Find out how Stuart was able to scale to a full time real estate business with steady deal flow and clear strategies for creative financing. It’s all here for you with Epic Real Estate Investing! ______   The free course is new and improved! To access to the two fastest and easiest strategies to a paycheck in real estate, go to FreeRealEstateInvestingCourse.com or text “FreeCourse” to 55678. What interests you most? • E.ducation • P.roperties • I.ncome • C.oaching Learn more about your ad choices. Visit megaphone.fm/adchoices

It is my favorite day of the week. It's time for Financial Freedom Friday with Matt Terrio. Hello and welcome to Epic Real Estate Investing. This is the show where we show you how to create massive and passive streams of income using real estate. It's often been described or how I think of it. This is a money show disguised as a real estate show because it really is just the final frontier where the average person has a legitimate shot at creating epic wealth. And just the vehicle of real estate makes it attainable by just about anybody that.

that wants to go after it. So glad you found us. I'm glad you're here. It is going on our eighth year almost. I can't even believe it. And I just want to thank you for that because we wouldn't be here if it weren't for you and you sharing this with your friends and your family because that's kind of how podcasts grow. It's really just kind of a word of mouth thing. There's no real place to advertise it or promote it. So we're here just because of you. So thank you very much. Eternally grateful. Today I'm joined by one of my clients who has taken what he's learned inside of the Epic Pro Academy and also accessing the multiple streams of support. He's gone out there into the real world and he's put his own little twists and modifications

and he's become a really a badass real estate investor on his own right. And a lot of that are, and I don't owe it. I credit a lot of that to his own intuition, his own resourcefulness, really a smart guy. And so please help me welcome Mr. Stewart Gettner. Stuart, welcome to the show. Hey, Matt, glad to being here. Thanks for having me. You bet, you bet.

So let me ask you, what were you doing? just before you found epic real estate? Well, I was in real estate. I was trying to be a full-time real estate investor. And I thought I had the keys to solutions, the insights, read the books, and bought the books and tapes in the back of the room, attended the seminars. And I was doing a few deals a year. And so not really making it per se, but having enough success to keep me going.

Mm-hmm, mm-hmm. Got it. Okay, cool. So in what ways has life and business overall changed since working with Epic? So I'll tell you, Matt, I'm kind of new to podcasts, although I've been listening to yours for a couple years. When I got introduced to podcasts, I went on there for education-based. And I started looking for real estate. And that's how I stumbled across yours and a couple other podcasts as well.

Right. And I got to be honest, man, you were spot on. when you would talk about the different problems or trials and tribulations challenges that we have as investors, you were spot on. I was experiencing exactly what you would talk about. And you would provide solutions just like free, like try this or try that or download my epic worksheet or attend this. And I would show up and I would download it and I would start working some of the strategies that you had. And I got to tell you, you know, I wasn't far off, but with a lot of your insight and wisdom and knowledge, it really exploded for me. My business has become full-time.

And really, and I give you a lot of credit. So, so thanks. Great. You're welcome. You're welcome. And thanks for sharing that with me. It's always nice to hear that because sometimes podcasting can be a lonely business because, you know, you're sitting there in a room all by yourself recording. and you have no idea who, how those words are landing for people and how it's impacting them.

So thank you for sharing that. And thanks for getting out there and doing it what it takes because it's, it's pretty simple in that regard. So help me understand and describe your current. I love you say, I love what you say follow with the speed of instruction. Because that's something that picked up for you from you and you've given out a lot of instruction. And I'll tell you the first time we met, I felt like I had known you for years.

Like you're like an old friend because I, I'd, listened to you for so long and you're probably looking at me like who's this guy yeah maybe initially but uh you've certainly become you've become family since so it's a pleasure you bet um so what does your current business look like on on a day-to-day basis kind of bring me what you've got your results at and then like what you're what you're doing right now and striving for so for us and i say us i've grown this business we have an office um i was working when when we started i was working out of my wife's condo, thinking that I was a professional, and then grew to have an office and have had now an employee, Liz has been with me going on three years. Now we got a bookkeeper Don's been going on with me for two years and other ancillary staff and such.

And what we do every day is we do real estate investing, depending on what the seller who calls, depending on what the property needs and where it's at, we might wholesale it. We might fix and flip it, and we might also do what I like to do, buy and hold for cash flow, because that's really what it's all about, getting more positive cash flow. Right. So with regard to generating cash flow, what's working best for you right now? So when you wholesale a property or you do a fix and flip, it generates a whole chunk of change for you cash, right? And then you'll live in large, and then as the bank account starts to shrink or getting a little stressed, so the next project closes.

but if you can build sustainable cash flow where rents are coming in, it doesn't matter where I am. I could be home here in Scottsdale or I could be traveling with my wife. I could be on the moon. The rent checks come in. They come in. They come in. So for me, generating more buy-in-holes is a strategy that we really want to focus on.

Certainly there's a place for wholesaling and fix and flip and our business model. But the ultimate goal is to generate enough passive cash flow so that the pays for the bills and all the fun stuff that we want to do. Got it, got it. So when it comes to that, is it just a traditional buy and holder? You just finding a house, going to the bank, getting a mortgage,

and then buying it and holding it that way? Yeah, that's the old-fashioned way that they have worked in previous generations. I've come to learn, especially through the last market crash, that banks aren't our friends. As real estate investors, we operate outside the box. So certainly there's some strategies called Subject 2

that you've educated us on through past podcasts that I learned and have done that as well. But really, working with investors who are looking for a reasonable return on their money is a much more favorable way because I can still come in with cash, close, quickly, offer a cash discount because I'm not having financing, and still be able to give an investor a return secured by real estate and have the property cash flow very well. Awesome. Yeah, I kind of teed that one up for.

you because I knew you weren't using banks. I knew that you've been very good at raising private money, very good at creative strategies. And, you know, the next epic intensive, it's quickly approaching. And I'm going to be doing something that I've never done before. I'm going to, I think it's going to be fitting for the amount of successful case studies that I hear through our coaching programs, through the academy, through the podcast. They're really starting to stack up. And it's really becoming not overwhelming. Yeah, overwhelming emotionally for sure. It's becoming very apparent of the impact that we've been able to make here. So what I thought would be great is I'm inviting a few students up at this intensive

to actually train with me and take the obviously that there's the lessons that we have inside the Epicro Academy. But each person, when you go out there into the real world, you find little tweaks and modifications and you've got your little nuances and idiosyncyncyncyncyncrasies of your strategies of how it works and how maybe you made it more efficient for yourself. So you're going to be doing this with us. So you're going to be showing up to this next Epic Intensive. I'm looking very much forward to that.

Why should someone attend? What are they going to miss out on that you're going to share that they're going to wish they didn't miss out on? Well, the strategy that you teach, like, for example, you helped us get this investor funding on the forplex that we just closed on. And the strategies of the tips of getting a fee for putting the deal together. So those that want to attend should be those that are looking to put deals together and to really be proactive and be doing. and as you say, follow the speed of instruction. Because, you know, when you put on these epic intensives, you just don't talk about, you know, what to do.

We talk about how to do it. And so you move there with the information on how to do it. And you could hit the ground running and take off from there. Super. Great. Well, I can't wait for it. Tickets are still available. You can go to epicintensive.com if you'd like to come in the C. Stewart and the other two fantastic students with there, each.

individual strategies. We'd love to have you there. Epicintensive.com. And that is, that is it. Any final words there story? You know, I'm looking forward to it.

This will be a great opportunity for meet other people that have been helped by you because I know, like you say, sometimes when you're in the podcast, you feel like they're all alone, but I know there are others out there. So seeing you and meeting them as well.

Awesome. I've told them all about you. They can't wait to meet you either. All right. Thanks, bud. Take care. Take care. This podcast is a part of,

of the C-suite Radio Network. For more top business podcasts, visit c-sweetradio.com.