Flashback Friday Ep 36 - Quit Your Day Job In 12 - 36 Months Scaling from 0 to 100 Properties

In today's Flashback Friday episode, Brian Grimes joins us again to talk about creating an impact in the community. He continues to tell us about his mission to uplift C class neighborhoods and share wealth-building knowledge through coaching. He also offers his advice on how to establish trusts to protect your assets and how to remove yourself from your company by building simple systems. Do you want to build wealth for yourself and your family? You need THE [00:01 - 08:42] There Are Infinite Opportunities Out There Check out part 1 of the interview with Brian! There are two things you need in real estate: money and knowledge Why you need to tap into lenders when exploring C class neighborhoods Brian on stepping away from his companies to focus on community development Learn to build simple systems and delegate When you pass knowledge to others, the outcome multiplies, and more people can create change [08:43 - 15:26] The Importance of Having a Trust Have the trust own the properties and the LLCs, and you be a trustee The difference between having an existing LLC and creating the trust vs. starting off with the trust and then acquiring assets Why you need to know about the straw man concept [15:27 - 17:29] Welcome to the Club You don’t need to know everything to be an investor Being afraid means you are smart enough to know that you’re entering an unknown space [17:30- 26:09] Closing Segment The final questions Millionaires are not made from diversification. They focused on one area first and once they became successful, then they diversified. Brian shares his strategy in choosing between Baltic Avenue and Boardwalk What’s next for Brian? Connect with Brian! ________________________________ Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here: ⁠https://www.microfamilymavericks.com/casestudy⁠ Check out our podcast website! Want to leave feedback or suggestions on our show? Take our survey: ________________________________ Key Quotes “If I'm good at anything in life, it's building systems and systems that don't break. The best systems, by the way, are simple. They're very scary simple because a simple system, you can magnify by a hundred. It won't break.” - Brian Grimes “I don't believe there's competition in this game, right? There's so much inventory out there, there's so much opportunity that I give it all. I don't hold back any information.” - Brian Grimes “You're going to have these different fears. But in reality, as the deal unfolds, you're just going to learn day by day, and you're going to get better, and you're going to get comfortable.” - Brian Grimes Connect with Brian Grimes through , , , and . Go to