Storage Wins EP444: The Importance of Simplifying your Business (& Why Bigger Isn't Always Better), with Brentin Hess
Brentin Hess is an investor and real estate entrepreneur that's been in this business for nearly eight years. He shares some of the key lessons he's learned over the years and how he is aiming to simplify his business. Sometimes bigger isn't always better! Brentin also shares how he approaches and coaches his own clients and sets them up with the right accountability systems.
Key Takeaways:
- Ascend Co-founder and Coach, Steve Cavanaugh, recently got a couple of storage units under contract.
- How did Brentin get into real estate?
- What's one piece of advice Brentin gives when it comes to leaving a full-time job?
- Brentin shares what he would have done differently if he could start all over.
- Brentin also shares some of his coaching wins.
- What have been some of Brentin's personal breakthroughs?
- How has Brentin been finding his fix-and-flip deals lately?
- It's important to trust but also to verify.
- When it comes to a private money lender, always overdeliver.
- Brentin shares some of his biggest failures.
- Brentin is starting to trim back a bit of his rental portfolio and get it to be a little leaner, but more profitable.
- Brentin shares his thoughts on what to be aware of as we go toward 2021.
- Alex, Steve, and Brentin answer some quick Q&As from the audience.
MENTIONED IN THIS EPISODE:
Connect with Brentin: Brentinhess.com & LinkedIn
BOOK RECOMMENDATIONS:
The Millionaire Next Door: The Surprising Secrets of America's Wealthy, by Thomas J. Stanley
Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life:
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Tweetables:
"I identified 20 relationships that I've had that I respected that are wholesalers in my market and I have in my calendar that every month I'll reach out to these individuals and have a personal conversation."
"Anytime is a good time to get started… as long as you're buying for the right price."
"The higher the ARV, the more difficult it is to hit your goal. We're not pulling the trigger on anything under $25K of profit even if it's a small deal."
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