W.L.E.R.E 57: Building a Profitable Real Estate Business Through Mentorship with Terry Thayer

In today's episode learn how the power of proximity can elevate your business. 

Terry Thayer has been an entrepreneur since a small child selling anything he could. In 1997 he opened his first real business as a contracting business. In 2002 he became a real estate investor and has been ever since. Up until 2012, he always did things the hard way until he learned the power of mentorship and financial education. After being exposed to this he became obsessed with how to find better ways of building successful businesses.

Today he invests 10’s thousands of dollars yearly in his personal development. Of the many businesses he owns producing millions of dollars annually, he works less than 5 hours a week total. Most of his time is spent coaching his team to be better and coaching other entrepreneurs on how to avoid the mistakes he made over the years. Other time is spent working on new ways to make money online including his Ecommerce Automation company. He is a big believer in making more while working less.

Make sure to watch/listen to the full episode as Terry answered our HOT SEAT questions directly to the point and learn actionable tips and key metrics that will help you along your journey.

 

𝐊𝐄𝐘 𝐓𝐀𝐊𝐄𝐀𝐖𝐀𝐘𝐒:

03:25 Terry contractor journey to getting into flips, buy and hold.   09:26 Split partnership in 2008 and started anew in 2012 using Private Money 11:40 Terry’s introduction to real estate wholesaling 13:15 Marketing tactics on how to find deals —reveal! 16:58 Terry’s team structure and tips in managing properties in Single-Family Units  in the Downtown Metro area 20:59 Terry’s development company transitions to wholesale company.  24:59 Importance of using a reliable skip tracing system. 26:48 Working for 5hours a week but producing really cash flow evolution.  27:44 How to step up a business to the next level! 37:10 Get to know Terry’s Tab Platform 41:08 What’s next to Terry and his team —reveal! 43:04 Terry’s answered the HOT SEAT Questions Round 

Tweetable Quotes:

"Things are going to be great, but it's not going to be easy in getting there, so just be patient and it will come". - Terry Thayer

 

"Having the right coaches, putting the right systems, processes, and people in place allows me to grow and do the businesses that I do today". - Terry Thayer

 

Connect with Terry Thayer at:

Facebook

Instagram 

LinkedIn 

Twitter 

Clubhouse 

 

 

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Enjoy the Real Estate Journey!