Disruptors The One Industry Secret That Nobody Wants to Talk About
In this episode, David Olds is back with ezREIClosings to discuss the one industry secret that nobody wants to talk about.
The One Industry Secret That Nobody Wants to Talk About | Video Replay
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The One Industry Secret That Nobody Wants to Talk About
David Olds | EZREICLOSINGS
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David Olds is a real estate innovator, leading the charge with his company, ezREIclosings, which has revolutionized real estate investment by making it easier and more affordable. His journey began in 2002 when he and his wife unintentionally purchased a foreclosure, flipping it for a $50,000 profit. This experience ignited their passion for real estate, and after numerous successful property flips in Central Florida, they relocated to Chattanooga, TN, to continue their work during the 2008-2009 economic downturn. There, they became leading wholesalers in the region, building a strong reputation for success.
Over the years, David expanded his expertise beyond wholesaling, amassing a rental property portfolio of over 100 units, and mastering property management, private capital raising, and rehab projects. He also became a sought-after speaker and coach, sharing his knowledge with aspiring real estate investors. David’s core philosophy of “Simple is Scalable” and “Always Start with the End in Mind” has helped him streamline processes, allowing his clients and students to achieve rapid success in the real estate market.
Recognizing a gap in the industry, David founded ezREIclosings in 2020 to address the need for efficient and timely closings for wholesalers. In just a few short years, ezREIclosings has grown into the largest transaction company in the U.S., providing a groundbreaking service that helps investors close deals across all 50 states. With a simple mission to “Help Investors Do More Deals and Make More Money,” the company has rapidly expanded, thanks to positive feedback from clients and an innovative affiliate program. Today, ezREIclosings is changing the way investors close deals and generating unparalleled success across the industry.
The One Industry Secret That Nobody Wants to Talk About | Takeaways
1. Trying to do everything yourself as a real estate investor can severely stunt the growth of your business.
2. Effective communication and weekly updates with sellers are crucial to building trust and preventing deals from falling through.
3. Title insurance is essential protection, even though it may not be needed most of the time – the one time you need it can make all the difference.
4. Adapting to industry changes, like the installment method, is important to remain competitive in the evolving real estate investing landscape.
5. Outsourcing non-essential tasks and focusing intensely on your core strengths is the key to scaling a successful, sustainable real estate business.
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About Steve Trang
Steve Trang’s mission is to create 100 Millionaires. Why 100 Millionaires? Steve saw that assisting someone become a millionaire by building their business is a key measurable to helping them fulfill their dreams. People change and update their visions over time, but having the means to achieve them remains a necessity. Thus, creating millionaires means helping people live their dreams.
To further this mission, Steve started the Real Estate Disruptors podcast in 2018 to inspire wholesalers and real estate agents to double their incomes by adding a second leg to their business — working together on investment properties. The podcast has grown to over 100,000 downloads per month and over 3 million YouTube views, with new guests sharing their success stories and imparting advice every week.
As a sales coach, Steve has helped thousands of clients generate millions in sales over the past few years in a variety of industries. His Disruptors Selling System teaches salespeople to ethically work with customers to discover their true needs, and then craft a solution that works for the customer.
One of Steve’s favorite quotes is from the great Zig Ziglar: “You can have everything in life you want if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. In fact, it’s one of the core values Steve lives by.
Steve is also a successful businessman. On top of owning single-family rentals, he also owns apartments, co-founded a bank, and is a part-owner of several other businesses.
The One Industry Secret That Nobody Wants to Talk About
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