Today we will continue and conclude our conversation with Damion Lupo regarding the eQRP. If you missed the previous episode, you may want to go back and listen for a couple of reasons. 1. We introduce, define and describe the eQRP, but 2. As a lead in to the discussion, Damion and I talked for a few moments about business failure and the challenges we both have face in our investing careers. It was a candid moment and many have written in or called to tell us how powerful the impact of this frank conversation has been in their own lives. It was totally unplanned - like most of life’s best moments, right?
Later on I will introduce you to my new friend Mark Willis, a certified financial planner out of Chicago and we will continue a conversation about money with a few unique twists. I’m very impressed with Mark and we are going to get him back for a longer conversation in the near future.
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Sponsors
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Announcements:
- The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
- “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.
News:
Questions:
- Sanjay, Fort Worth, TX “I’m hoping to join the Buyers Club if you will let me in. Is there a limit to how many houses I can buy?”
- Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?”
Motivational Quote:
“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.” – Michael Jordan
