Storage Wins

In Part 3 of this four-part masterclass, we have four great real estate investors who are invested in two different asset classes: Self-storage vs. Mobile homes. On the Self-Storage side, we have Scott Meyers and Michael W. Wagner and on the Mobile Home side, we have Kevin Bupp and Ryan Narus. These four guys battle it out and break down which asset class is best in areas of Acquisitions, Dispositions, Financing, Management, and Construction! This episode dives into construction and management. Btw, all donations that come from this episode will go to fund We Are Graces, a charity in Guatemala that's close to Alex's heart. Key Takeaways: These debates have raised almost $11,000 for the children and families of Antigua Guatemala, so thank you!!! Today's debate goes into construction and management! The mobile home guys discuss why construction is better in mobile homes. The supply in self-storage is everywhere! Mobile homes are a scarce and growing asset. You build legacy wealth with mobile homes. The guys dive into why self-storage is better. When a recession happens, self-storage still prospers. Can the big guys come in and squeeze out the little guy? You can double your money on a construction that took 3 weeks with self-storage. This isn't a 'one off' deal either. These deals are commonplace! The mobile home guys rebuttal. Smaller guys CAN get into mobile homes! Self-storage guys rebuttal. At the end of the day, which of these asset classes is more efficient? No matter what, get some mentoring so you understand the financials. Why is management better in self-storage? The guys weigh in. You can automate so much in self-storage. People can move in and out without ever talking to one of the management guys. It takes Michael 1-2 hours a week of work to generate all the money his family needs. The highest expense in any business is payroll! You don't have that in self-storage. The laws are also on your side when it comes to self-storage. The mobile guys discuss why management is the better asset class. You can automate a lot of the mobile home business too! The average tenant stays for 14 years. It takes only one employee to manage 100+ pads. Most of your time is spent on rent week in the mobile home space. Self-storage guys do a rebuttal. There are so many horror stories on mobile home park management. Sure, tenant-owned homes might be great, but park-owned homes are disastrous. The mobile home guys do a rebuttal! You can really burn yourself in both asset classes. Park-owned homes are not a killer. It's in fact very lucrative. MENTIONED IN THIS EPISODE: Connect with Scott: Selfstorageinvesting.com Connect with Michael and plug into The Storage Rebellion Community Connect with Kevin: Kevinbupp.com Connect with Ryan: Archimedesgrp.com IMPORTANT: VOTE for who won the Debate by Making a Donation to Graces, and Gain Access to All the Valuable Self-Storage & Mobile Home Resources ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: 🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ http://www.flipempire.com/podcast 📺 SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. . TWEETABLES: "There's no sugar coating that it's really difficult to build new and building new pads is a pain in the butt in mobile homes." "We don't have to fight city hall to get a new home put on there with self-storage. We just sweep out the unit and hit a button on the website.." "Always be looking for value-add, looking for ways to create value when you close on a facility or mobile home park in the beginning. And also get some mentoring." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

In Part 2 of this four-part masterclass, we have four great real estate investors who are invested in two different asset classes: Self-storage vs. Mobile homes. On the Self-Storage side, we have Scott Meyers and Michael W. Wagner and on the Mobile Home side, we have Kevin Bupp and Ryan Narus. These four guys battle it out and break down which asset class is best in areas of Acquisitions, Dispositions, Financing, Management, and Construction! This episode dives into dispositions and financing. Btw, all donations that come from this episode will go to fund We Are Graces, a charity in Guatemala that's close to Alex's heart. Key Takeaways: Be sure to listen to Round 1! How has the downturn affected these two asset classes? Mobile home parks guys start first and talk about dispositions. Why do mobile home parks have such a big upfront investment? It's easier than ever before to acquire a mobile home property and leverage debt to get it. A smaller investor can make a killing if they do decide to exit out. Why is self-storage a superior asset class when it comes to dispositions? The asset class with the lowest default rate is self-storage. Self-storage works well in both good and bad economies. Michael shares a personal disposition story on his self-storage units. Let's lean on the data. The mobile home guys' rebuttal. You don't need a broker for both asset classes. The self-storage guys have some comments about why mobile homes are not the superior asset class when it comes to dispositions. Storage is an expanding industry. Banks will lend on self-storage first, not on mobile homes. Let's dive right into financing! Self-storage goes first. You can get loans up to 90% on your self-storage property. Self-storage will never shut down. There are also no evictions. The law is on your side. Mobile homes have Fanny and Freddie in their corner. It's true. Mobile homes are about 10–15 years behind when it comes to leveraging debt and loans. Every dollar Ryan puts into the mobile home space, he gets $4 in return. Self-storage guys' rebuttal. What's the difference between a 1-star vs. 5-star mobile home park? Tune in next week for the next round of self-storage vs. mobile home debates! MENTIONED IN THIS EPISODE: Connect with Scott: Selfstorageinvesting.com Connect with Michael and plug into The Storage Rebellion Community Connect with Kevin: Kevinbupp.com Connect with Ryan: Archimedesgrp.com IMPORTANT: VOTE for who won the Debate by Making a Donation to Graces, and Gain Access to All the Valuable Self-Storage & Mobile Home Resources ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: 🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ http://www.flipempire.com/podcast 📺 SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. TWEETABLES: "There are only approximately 42,000–49,000 mobile home parks in existence. It's a niche asset class." "The asset class with the lowest default rate is self-storage, historically, because we do well during good times and very well in a bad economy." "Mobile home parks on average are trading at sub six caps, even in secondary and tertiary markets. The demand is outpacing self-storage." "Storage is the new iPhone and mobile home parks are the fax machine." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

In Part 1 of this four-part masterclass, we have four great real estate investors who are invested in two different asset classes: Self-storage vs. Mobile homes. On the Self-Storage side, we have Scott Meyers and Michael W. Wagner and on the Mobile Home side, we have Kevin Bupp and Ryan Narus. These four guys battle it out and break down which asset class is best in areas of Acquisitions, Dispositions, Financing, Management, and Construction! This episode dives into acquisitions. Btw, all donations that come from this episode will go to fund We Are Graces, a charity in Guatemala that's close to Alex's heart. Key Takeaways: This debate is all in the name of charity! There are going to be five rounds and it's going to be broken up into four episodes! Who is Scott Meyers and how did he get into self-storage? Who is Michael Wagner and how did he get into self-storage? Who is Kevin Bupp and how did he get into mobile homes? Who is Ryan Narus and how did he get into mobile homes? Which asset class is superior when it comes to acquisitions? The self-storage guys go first. No matter what consolidation is happening in the market, storage is a flourishing industry. Municipalities don't want mobile homes. Why are mobile homes the better asset class? Everyone always needs a roof over their heads. The data is there and it's profitable. Mobile homes clean up communities. The self-storage guys take some time for rebuttal on both Kevin and Ryan's comments. When times get tough, folks pay their rent first, not their self-storage. MENTIONED IN THIS EPISODE: Connect with Scott: Selfstorageinvesting.com Connect with Michael and plug into The Storage Rebellion Community Connect with Kevin: Kevinbupp.com Connect with Ryan: Archimedesgrp.com IMPORTANT: VOTE for who won the Debate by Making a Donation to Graces, and Gain Access to All the Valuable Self-Storage & Mobile Home Resources ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: 🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ http://www.flipempire.com/podcast 📺 SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. . TWEETABLES: "With mobile homes, you're signing up to an industry that's essentially dying a long, slow death and no change in sight on the horizon. You are also signing up for a life of fighting city hall." "Everyone needs a roof over their head. Not everyone needs a place to store their junk. When times get tough, they will pay for a roof over their head." "From an acquisitions standpoint, storage is a better asset class. Neither of you addressed how acquisitions are beneficial to the mobile home investor who wants to start today." "25% of self-storage is owned by institutional buyers. 18% of that is publicly traded. Within mobile homes, only 2.5% of the supply is owned by publicly-traded REITs." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Alex shares why it's so important to just take action on a new idea that you have. When Alex came up with the idea to do debates for his podcast and combine it with a charity mission, the response he received was amazing. In this last episode for 2020, Alex encourages you to donate to a charity he deeply cares about. Key Takeaways: Happy New Year everyone!!! Alex is so grateful for 2020. You are blessed to live another year. Have you taken time to reflect on your year and what you hope to achieve for the new year? Ideas are everywhere, but the real trick is execution. How did the single family vs. multi family debate get started? If you think something has legs, just act on it! Do it! Forget perfection. Alex shares why he's so passionate about the charity We Are Graces. Please consider donating! Alex will be hosting and moderating a third debate. MENTIONED IN THIS EPISODE: Wearegraces.org Reidebate.com 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. .. TWEETABLES: "Ideas are plentiful. Execution is scarce." "Done is the new perfect. Let's just get the ball rolling." "If you have an idea that you think has legs, just act on it, just do it." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Stefanie Peters is the best-selling author of, "Unleash Your Lady Boss" & host of The Boss Life Podcast. She has relentless passion, and a mountain of resources to help you pursue your God-given potential. Stefanie shares how 2020 has both been the best year of her life, and also the worst, and she shares how everyone needs to build a habit of 'firing your fears'. Do not let your self-doubt control you from achieving your dreams! Key Takeaways: Stefanie shares a bit about her background and journey. How did Stefanie find her life mission? Stefanie shares her strategy to overcome doubt and fear. Don't die with regrets. When should go all in vs. take calculated risks? If you don't take the leap or the risks, you'll just get caught in the hamster wheel. When Stefanie knew what she wanted, she started networking with her community, hard. How did Stefanie get into speaking? Stefanie shares a client success story she received just from doing a podcast interview. What is your fear costing you? Sometimes we forget the beautiful gifts that we can give other people. If there's something you really want, you have to make short term sacrifices for the long term gain. What kind of setbacks has Stefanie faced in 2020? Either you win or you learn. Remember: No amount of money is worth a piece of your soul. What are you tolerating that's no longer solving your higher good? You have got what it takes to succeed. What advice would Stefanie give to her younger self? MENTIONED IN THIS EPISODE: Connect with Stefanie: Thebosslife.tv & Instagram ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: 🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ http://www.flipempire.com/podcast 📺 SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. . TWEETABLES: "God can't drive a parked car. Just go in a direction. When you take that first step, things start to line up.'" "Doubt is normal but staying in doubt is a choice." "That one thing you put out into the marketplace, if it makes a difference in one person's life, to me, that's what's it' all about." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Alex is currently loving The Miracle Morning and shares what he's learned about it so far. Over the years, Alex has experimented with a variety of morning routines before he stumbled upon the Miracle Morning. Every successful person on this planet works on their mindset and develops consistent habits to help them achieve their goals! Key Takeaways: Alex is super excited for 2021! He hopes you're spending some time reflecting on how this year has been and how you will show up for the new year. Our outer world is a reflection of our inner world. Personal development has to be part of your daily routine. Alex has experimented with different morning rituals throughout the years. Not everyone has the same morning routine. It's very unique to you. The creator of The Miracle Morning, Hal Elrod, has such an inspiring story. What is the Life S.A.V.E.R.S. routine all about? Alex admits he's been very inconsistent about journaling. You will see the benefits of practicing the SAVERS method. The Miracle Morning Movie had Alex in tears. We are not given things we can't handle. Whatever challenge you have going on right now, you've got this. MENTIONED IN THIS EPISODE: Recommended Book(s) & Resources: The Miracle Morning, by Hal Elrod 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. .. TWEETABLES: "Who do you need to become? Who do you need to be? Visualize it as if it's already happened." "If you don't have a morning ritual and you wake up feeling dread, it's impacting your life whether you know it or not." "Set your clock 30 mins early and pick to do one of the routines in SAVERS." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Jeff Stephens, also known as the thoughtful real estate investor, has been an investor since 2013. He ran a marketing agency for 10 years prior to that and his approach to sales and marketing is something you have likely never heard before! How do you bring intentionality into your marketing so that people aren't stressed out or playing on the defense when they talk to you? Jeff shares his perspective on this week's episode. Key Takeaways: What does it mean to be a 'thoughtful real estate entrepreneur'? What does Jeff's business look like today? Someone came to Jeff's house and told him that he was sleazy for being in wholesaling. It rattled him for years. Why did Jeff feel sleazy in the work that he was doing? If you feel ashamed about doing something, that's a problem. For everybody, there's going to be a balance between what works and what feels right. What is Jeff's long term vision when it comes to rental properties? How do you get out of the rat race of wholesaling? Jeff gets concerned when he hears people saying they're a wholesaler! A wholesaler needs to have more offers on the table for their customer. What marketing channel has Jeff been using lately? Jeff approaches Direct Mail Marketing differently than most other investors. Learn how in this episode! You need your leads to be quality leads, which means your method of how to do that should also be of quality. Your mailing and marketing pieces need to stand out. If everyone is doing what you're doing, how are you unique? What do you want the customer to feel when they receive your postcard or marketing piece? How can you make your marketing pieces more relatable? Sellers don't always see what they have as a problem. So how do you write a marketing message that talks to them as a peer? What does Jeff look for when he's on the phone with a seller? Jeff approaches the conversation in a completely different way. What is a negotiation really? Jeff explains. Is it exhausting to be 'thoughtful' every minute of the day? How does Jeff train his approach to his staff? Biggest mistake in Jeff's business? MENTIONED IN THIS EPISODE: Connect with Jeff: http://www.thoughtfulre.com Who Is Greg Pinneo? RECOMMENDED RESOURCE: Free Training: The Step-by-Step Guide to Buying Your First or Next Rental Property (Without Relying on a Lender to Approve You for a Loan) Rehab Estimator Pro Software: Calculate Rehab Repairs with Ease, Determine ARV, and Make Offers with Confidence! ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: 🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ http://www.flipempire.com/podcast 📺 SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. . TWEETABLES: "Who you really are will override those things that don't make you feel good. Your heart will override your brain, even if your brain is saying 'do these tactical things.'" "We have to become aware of all the assumptions we're making as we create the marketing and very consciously remove all of those." "You have to solve the person before you can solve the deal." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Alex is stepping into new territory right now as he explores and learns more about self-storage. In order for him to lessen his mistakes and pitfalls, he's hired a coach to help him shortcut his success. He shares a little bit about how you can achieve success no matter the goal you're trying to pursue. Key Takeaways: Real success doesn't come doing what's natural. Alex is spending the news years in Tennessee with his family! When you wake up in the morning, what is the problem you're looking forward to solving? Sometimes we have to hit the pause button to gain clarity. Don't just let life dictate your path. Find clarity and be intentional! Not happy with where you are financially? Alex shares what you need to do in this episode… Alex has taken a deep dive into the self-storage asset class and set a goal to acquire his first facility by May 2021. Alex shares a story of a distressed seller, and the key lessons learned. Coaches help you shortcut your success. You are built to achieve great things in your life! Grow from the setbacks, don't let them hold you back! MENTIONED IN THIS EPISODE: 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. .. TWEETABLES: "Unhappiness is not knowing what we want and killing ourselves to get it." - Don Herold "If you don't have clarity, if you don't know where you're going, you're going to let the wind of life just take you." "You deserve extraordinary success just as much as anyone and you don't need anyone's permission to start living life on your own terms." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Matt Hedstrom has been a general contractor, turned investor, for the last 24 years and he shares the insider secrets you wished you had known sooner about fixing and flipping. Contractors can smell a new investor from miles away, and they're going to do everything they can to make their money. Matt shares some of the common things you have to be aware of before you get into the rehab game! Key Takeaways: Who is Matt and how did he get started in real estate? You can't build an empire until you know your numbers first. Why do people screw up their numbers when it comes to this business? How do you navigate the market prices in big cities like New York or California? When you're doing flips, you are usually hiring C contractors. Matt explains what he means. How can investors not get eaten alive by their contractor? Matt has an amazing software right now that helps you estimate your repair costs. Alex made some huge mistakes when he got into his first rehab project. He learned some painful lessons. What's the best way to learn your numbers and to learn about this industry? Take your mentors or experienced investors out to a nice lunch. You gotta get out there and have discussions with people and talk. People often always end up spending more than what they estimated. How can you prevent that from happening? You're managing people. That's the hardest part of this business. Why is now the best time to get into the fix and flip business? What do you do if you know you're going to go over on a project? Really take time to reflect on the different aspects of the project and what's going well before you move on to your next fix and flip. Matt shares how he prepares for a fix and flip job beforehand. How has Matt had to adjust his strategy now that we're living in times of Covid? What has been Matt's biggest project horror story? Communication is KEY in this business. It's absolutely key. Why is Rehab Estimator Pro such a good tool? MENTIONED IN THIS EPISODE: Connect with Matt on Facebook RECOMMENDED RESOURCE: Rehab Estimator Pro Software: Calculate Rehab Repairs with Ease, Determine ARV, and Make Offers with Confidence! ASCEND: Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: 🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ http://www.flipempire.com/podcast 📺 SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. . TWEETABLES: "You can absolutely do deals virtually. Point blank. I wasn't a believer out the gate, and it's been a major mindset shift." "If they say no, they're not interested. Group them not interested, but you have to call that group every quarter.." "You got to sharpen your skill set, be stronger, and challenge yourself." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!

Alex left his wholesaling business earlier this year and took some time off to figure out what would be his next pivot. After taking some time off, reflecting, praying, etc., Alex shares his thoughts and his commitments on his next phase of entrepreneurial life. Key Takeaways: At the beginning of the year, Alex decided to transition out of his business despite being in the industry for 15 years (check out Episode 429 below)! Alex's coach told him to take some time off and really reflect on what he wants to do before jumping in to the next thing. Alex is so glad he did because something really clicked for him in November! Right now, Alex is fully committed to buying his first storage facility in the next six months. Keep Alex accountability! He shares his plans for the future. Surprisingly, technology in this industry can do a lot of the heavy lifting and it doesn't require a lot of team members. Alex thinks there will be a shift in the market and wants to be prepared. Alex is super excited to do something new! MENTIONED IN THIS EPISODE: Episode 429: Alex is Exiting the Wholesaling Business (and Shares a Message You Need to Hear)! ASCEND: 🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo★ YOUTUBE → https://www.youtube.com/alexpardo. .. TWEETABLES: "Something shifted and clicked in november where this is a business that just fits my vision and it doesn't require a big team." "From the research I did, storage units were a commercial asset class that performed the best in the downturn." "I believe we're headed in a shift in the market. I don't say that to scare you. In fact, be excited by the opportunity that brings." ASK ALEX A QUESTION: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! SUBSCRIBE To The Flip Empire Show, and Leave a Rating & Review!