EP400: ASCEND Mastermind Call - How to Prepare & Navigate (Personally & Business) Through a Changing Real Estate Market

Alex & Steve recently hosted a private, ASCEND members-only Mastermind call to discuss how they can prepare and navigate, both personally and in business, and you're about to get access to the first hour of that call. Alex & Steve dive into Mindset, and share practical, strategic advice from a business perspective. Now more than ever is when you want to be connected to a community like ASCEND, so if you're interested in learning more, apply here.   Key Takeaways: THANK YOU for allowing us to reach the 400 episodes milestone! Alex greatly appreciates you! Alex wants to give you a sneak peek behind a recent ASCEND (members-only) mastermind call. The news just perpetuates more fear and can be very negative. Regardless of some of the tough things that are happening right now, this is going to pass. Mindset is critical in a time like this. Before you make big decisions, ask yourself if it's fear-based or if this is strategic. Are you operating out of FAITH or FEAR? Don't feel prepared? That's what Alex and Steve are here for. Now is the time to step up as a leader. Exercise is so important! Don't stop just because the gyms are closed. Cut out all non-essential spending right now. Make sure you have some cash reserves on hand (both personally and in your business). Survey the landscape and be strategic! Follow-up is gold right now. Keep doing it. Alex is sending a customized two-page mail piece. Communicate with EVERYONE! Over-communicate if need be. Stay connected. Think through if you need to redefine your "buy box". Some courts are closed right now, so it's going to affect your deeds. Transaction coordinator side: babysit your deals to the closing table. Remember, be a professional. Go above & beyond for people. Look at money outflow right now and ask yourself if this expense is producing the results you want? Alex does a quick rapid-fire session on what you should be doing right now. Should you decrease the size of your team? Don't have enough cash on hand? Consider liquidating assets. As of this moment, President Trump is suspending foreclosures and evictions to the end of April. Reach out to your tenants and keep the lines of communication open. Don't try to time the market. Use this opportunity to improve yourself, and tighten up your business processes / systems / KPIs, etc. If you are able to automate your rents, do it right now. If you are considering buying a short-term rental, make sure you have multiple exit strategies. 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! Let Alex know what you'd like to hear: flipempire.com/feedback John Martinez, Greg Helbeck & Steve Enns share in this Workshop how you can Transition to Buying Virtually (on the Phone)    🔊 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/ 💻 Access to Online Course: 5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less): http://www.flipempire.com ★☆★ WHO IS ALEX PARDO? https://flipempire.com/about/ FOLLOW ME 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: "Tough times don't last, tough people do." "Liquidity right now is gold. Have cash, have capital, not just on the personal side, but on the business side." "Life has a way of humbling you. This is an opportunity to go out and help more people." . 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! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!