In this episode of REIGN, Jen Josey hosts real estate expert John Blackburn who shares his journey and insights in the real estate world. John talks about his early days in real estate, how he leveraged educational resources like Fortune Builders, and the significance of overcoming initial setbacks. The discussion extends to the key strategies for real estate investing, including the importance of staying educated on market trends, forming a solid network, and making consistent offers. John also sheds light on the benefits of investing in rental properties outside one's local area, tips for avoiding over-renovation, and how to maximize returns with smart property management strategies. With engaging anecdotes and practical advice, this episode is a treasure trove for both new and seasoned real estate investors.
00:00 Introduction to REIGN and Host Jen Josey
01:01 Today's Topic: Staying Educated on Market Trends
02:51 Introducing Guest John Blackburn
04:45 John Blackburn's Real Estate Journey
07:55 The Importance of Coaching in Real Estate
11:50 Investing in Rental Properties: Strategies and Misconceptions
18:21 Hot Markets and the 1% Rule
20:58 The Power of One Rental Property
25:05 First Steps to Acquiring a Rental Property
25:42 Top Three Steps for Real Estate Success
26:18 Setting and Achieving KPIs
26:50 First Property Success Story
27:50 Importance of Making Offers
28:53 Exploring Different Real Estate Strategies
30:21 Common Mistakes by New Investors
32:31 Staying Motivated in Real Estate
34:33 The Reward of Student Success
36:10 How to Get Started with Rental Property Pro
37:59 Final Thoughts and Advice