EPISODE · Apr 11, 2025 · 41 MIN
🎙️ 🎙️ Real Estate Titans - Featuring Jim Black and his Real Estate business Empire.
from The Modern American Dream · host The Modern American Dream
🎙️ 🎙️ Real Estate Titans - Featuring Jim Black and his Real Estate business Empire. 📅 Weekly Call | Fridays at 9:30 AM🎧 Podcast recording available — share & invite a friend!🔥 Special Guest: Jim BlackHosted by: David and Arthur Martiroso, and contributors💡 Key Takeaways:Start on a Team➤ Jim Black started on David Hill’s team, prospecting FSBOs and Expireds.➤ Built his foundation on fear, discipline, and putting in the hours (80–100/week).➤ Took BOLD 11 times and committed to constant learning.➤ Emphasized “Failing Forward” — hired his first TC in 2013.Business Growth➤ By 2015: 143 homes/year with just 3 agents!➤ Built out with 2 admins and a “follow-up forever” culture.➤ Hires slow, always focused on the right fit over filling a gap.Mindset & Financials➤ "Your team can only grow as big as your mindset."➤ A real estate sales business is worthless, but it prints cash — live on 50% of earnings from Day 1.➤ Keep 6 months reserves in every business (minimum 3 months).➤ Has 50–60% equity in all investment properties.Wealth Building & Investing➤ Invest in what you understand.➤ Invest with your team — powerful when done together.➤ Open to giving equity in deals when others bring great opportunities but lack capital.➤ Buy assets, not Gucci. Buy Gucci later. 😉➤ Follows Dave Ramsey principles + Rich Dad Poor Dad mindset.➤ 0 personal debt; only takes good debt on cash-flowing assets.Culture & Retention➤ "People leave teams when their growth caps."➤ “Somebody always steps up” — a growth-oriented team creates new leaders.➤ “Success = Results through People.”➤ Surround yourself with people who are doing it at a high level.Agent Recruiting➤ Best way to find agents: Word of mouth.➤ Platforms like Courted.io also work well.➤ Ask: “Who can you help grow?”🎧 Final Words of Wisdom:“Put your money away. Study your investments. If you don’t understand it, bring in someone who does. And if you find an incredible deal but lack funds, partner up — offer equity. I did that once and we both won.”💬 Enjoyed this session?💥 Invite a friend.📲 Share the recording.🗓️ Join us next Friday at 9:30 AM.#RealEstateTitans #dnarealty #dnarealtygroup #realestategrowth #investsmart #wealthmindset #jimblack #realestateinvesting
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🎙️ 🎙️ Real Estate Titans - Featuring Jim Black and his Real Estate business Empire.
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