Great interview with Brooks O'Hearn
Real Estate Investor, Real Estate Agent and Personal Coach
Played the game "CashFlow" while on family vacations. His parents bought Rich Dad Poor Dad for the kids friends.
He decided to get his education in real life real estate instead of traditional college.
Started his real estate endeavors by coaching and then started investing with his family.
Brooks decided to get his real estate license to gain more exposure to real estate and gain multiple streams of income.
Brooks has done some wholesaling and mostly focused on fix and flips.
Now he has been expanding into commercial properties using the BRRR method.
He has been raising cash to take advantage of potential market changes and being more conservative with the ever changing real estate landscape.
He has been focused on shorter hold times to reduce exposure.
Keeps his eye on the political landscape.
Coaching - Internet and lead generation, social media branding and having the right mindset to think for yourself. He helps remove the barriers that impede your growth.
Secrets to his Success
Having his real estate license opens doors through access to the MLS, networking with other realtors, gives you control over the buy/sale of your own property and adds credibility to his business.
He uses a small community bank to reduce the season period from the conservative 6 months down to around 3 months, after getting tenants in the place.
Get multiple bids to get the best price/quality on your project.
Get a good team that consists of: 1. Buyers 2. Sellers. 3. Lenders. 4. Contractors. Contractors seem to be fluid, so always have good connections through having multiple bids.
Your CPA is worth every penny you pay them.
Lead generation, digital marketing, communication and negotiation.
He is always learning and taking in new information and see how it can apply to what he is doing.
He has a desire to help people succeed. Operates out of an abundance mindset.
His favorite books are:
He reads How to win friends friends and influence people by Dale Carnegie once a year.
The 5 love languages - Applies to communication
The 10x rule by Grant Cardone
Crushing it with Gary Vaynerchuk.
He likes Audio books, Video and Podcasts and loves to golf.
Contact info: Brooks OHearn - On all social media sites.
