EP 101: How to Grow a $50 Million Real Estate Portfolio with Strategic Investor Steve Valentine

With little to no money, Steve Valentine and his wife have amassed a real estate portfolio worth 50 million dollars. During today’s episode, he encourages listeners to start small, remembering the old adage that says, ‘a faucet fills a bucket’. He tells the story of his journey to success, moving from working for investors to working with them, hiring a life coach at the height of his success, and landing on the term ‘wealth builder’ to direct the course of his career. Steve urges listeners to invest in themselves so that they make better decisions with what they have, before touching on some common myths that curb real estate success. Using stories from his own life, Steve shares the details of how he turned around the complicated legacy left behind by his father in order to build generational wealth for his children. He believes in aiming for maximum problem-solving rather than maximum profit for his clients and reveals how he goes about building strong relationships within his business by being his most authentic self. Join us for an episode jam-packed with hard-earned lessons and resources to grow your portfolio today! Key Points From This Episode:An introduction to today’s guest, strategic real estate investor, Steve Valentine.How Steve started out, partnering with his parents, and his father’s legacy of knowledge.Distinguishing between working with investors versus working for investors.The story of how Steve and his wife amassed a 50-million-dollar real estate portfolio over the last seven years, with little to none of their own money.What led him to hire a life coach despite having so much success.Why it is essential to invest money in yourself.How Steve landed on the term ‘wealth builder’ and how he helps clients build wealth.Common myths: the importance of leaderboards, problem-solving, and wealth.How undervalued a real estate license can be in building wealth.The story of how Steve acted according to the principle ‘say yes and figure out how later’.Why he chose to use the Seasoning Rule.How his portfolio reduces the amount he has to pay to the IRS each year by $2000 per house.Statistics around real estate investment and sales.The golden ticket of advice Steve’s father left him with: don’t die with no real estate!Setting up generational wealth so that your children can do the same thing as you, but also change other people’s lives.His goal: 50 single homes at the age of 50, bringing in $50 000 in net income.Why you have to have a full-time CFO to manage all the finances in your business.The importance of having a CPA who looks after all your taxes.His advice for listeners: a dripping faucet fills a bucket! One final book recommendation: Atomic Habits.Links Mentioned in Today’s Episode:Steve Valentine on LinkedInSteve Valentine on Instagram Rich Dad, Poor DadCashflow QuadrantAtomic HabitsBefore You Quit Your JobChris GoodmanGoodman Coaching ApplicationGoodman Coaching Inc Get to know Chris - Connect on InstagramCoach with ChrisLearn more about Goodman Coaching