In this episode of the Blue Gems podcast, we dive deep into the inspiring journey of JB Bullock, the co-founder of Blue Gems. From his early fascination with real estate in middle school to his professional poker career, JB shares how he transitioned into the real estate world during the COVID-19 pandemic. He discusses the importance of taking action, even if imperfect, and how he scaled from zero to 44 units in just under two years using none of his own money.
Top three takeaways:
The significance of building relationships and trust when raising private capital for scaling in real estate.
The value of partnerships, especially with complementary skill sets, in achieving rapid growth and success.
The importance of balancing personal life with business, and how reframing societal norms can lead to a fulfilling partnership both in business and marriage.
Follow JB online: https://www.instagram.com/jbinvested/
Let's connect!
► Blue Gems Instagram: https://www.instagram.com/bluegemsgroup/
► JB's Instagram: https://www.instagram.com/jbinvested/
► Aidan's Instagram: https://www.instagram.com/aidangroll/
► Blue Gems STR Management: https://bluegemsmgmt.co
► STR Meetup: https://bluegemsgroup.com
Timestamps:
00:00:00 Intro
[00:01:09] Real estate journey during COVID.
[00:04:33] Proof of concept in real estate.
[00:07:17] Full-time professional poker player.
[00:12:45] Raising private capital and partnerships.
[00:14:29] Scaling through raising private capital.
[00:19:55] Visionary vs. Integrator
[00:23:12] Defying societal expectations.
[00:26:14] Time in the game.
[00:31:19] Losing the essence of hospitality.
[00:34:57] Personal goals and travel.
*None of this is meant to be specific investment advice, it's for entertainment purposes only.