Just Start Real Estate with Mike Simmons

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.


This presentation is the live Q&A that I did the week of April 20th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!

Notable Quotes:


“Entrepreneurial loneliness is one of the biggest pitfalls of being an entrepreneur.”


“The absolute best remedy for entrepreneurial loneliness is joining a mastermind.”


“You have to surround yourself with people who are in the same relative situation as yourself.”


“The mistake people often make, and it can cost them a ton of money, when they are lonely is to partner with someone.”


“You feel like you have someone in the trenches with you - until it goes wrong.”


“Don’t feel like your acquisition manager needs to have real estate experience. They don’t.”


“MAO stands for Maximum Allowable Offer.”


“Mortgages and promissory notes are two documents that you must have when you have lenders involved in purchasing a property.”


“You should be buying properties inside of an entity, an LLC.”


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